El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-02-08


Some weeks ago the HERALD re-
printed an article from the Sacramen-
to, Cal, Bee in reference to the Copper
King mine of Bisbee, Arizona. The
CalifOrnia,paper represented that thou
sands of share holders in that state had
been bitten and found themselves in
possession of greatly de preciated stock.
1t was stated that the mine
was not as represented and that those
who had purchased stock had been
bilked into buying.
The main pionts of thesarticle are..em-
phatically denied by parties interested
in the mine.
Charles F. Potter, fiscal agent and
broker at Minneapolis, Mimi. hiss
written to the HERALD asking that the
other side of the story be told and, as
this paper is anxious to do no person or
corporation an injustice, the same
publicity is given to his statements as
to the former article. He says in his
letter:
81 have got down to the facts in that
report of j, Currie's. Peter johnson,
superintendent of the South Bisbee
Copper company, says he told j. Currie
that to any agent who would sell 10000
shares of G. K. of A. stock for him at
81 each he would give a large COM
mission, but that he never told Currie
that he would sell his stock at &c
share: that his company gave Currie
the agency to sell their stock in Sacra-
mento at zoe a share.
ssE. Kenny had sold some stock in
Sacramento for them at Is and zoe per
share, but since Currie published or
allowed Wait, the druggist, to publish
that report. the South Bisbee company
will revoke his agency.
''If possible I would be glad for you
to publish Judge G. W. Herdman's
letter, hereto attached. 1 personally
know that the Copper King of Arizona
is not wild cat or stock selling
scheme, but coming bullion produc-
er and the year 1899 will prove it to
the world and Texas.
''Yours truly,
sc. F. POTTER
Judge Herdman's letter follows:
Jerseyville, Ill, Jan. 81, 1899.
Mr.. G. F. Potter, Mime apolis, Mimi,
Dear Sir:-I returned from Arizona
Jan. 10th after having been away from
per King of Arizona property at Bis
bee, Solomon Springs and Barrett. The
property at each place lis good and I
have no doubt that at Bisbee in the No.
1 shaft, by further drifting, a great bo
dy of copper ore will be struck.
The principal work is now being
done at Barrett. where, it can be said,
the company nave b mine.
L went down into the mines. They
are mining in body of very rich ma
tive carbonate copper ore, the extent
and dimensions of which can only be
determined by drifting. They expect
ed orders soon from New York to start
up the smelter.
The Solomon Springs property Is un-
doubtedly very rich in silver. gold and J
copper; il will make great mine of
w a ma
considerable work done there. The |
property of the Copper King of Arizona
is, as whole, all right, and since MIR. |
T. F. Gaynor's visit to Arizona and |
purchase of the Barrett property, the
new management has made good pro-
gress in development and 1 believe
they will make the property great
1 was greatly pleased with my trip
and with what l saw in Arizona.
1 bought in Pinal county four gold |
claims for syndicate of our citizens,
and we expect to begin work on them
st once. Is samples of the ore assayed
gave from $500 to S4OO. 90 per ton and
there is plenty of it. Yours TRULY,
GEO. W. HERDMAN, Atty.
Geo. w. Herdman was Judge in
the circuit court of Illinois for Is
years, retiring from the bench July,
1897, and is thoroughly reliable man
In recent letter from Charles W.
Blackburn to the stockholders of the
company, he says:
'BIsBEE. Ari Dec. 9. 1898.
Copper King of Arizona, New York.
Conference.-The winze at Barrett
which we are sinking still continues to
improve. The average assay of the
ore we are taking out gives 81 per
cent copper, 2 OF. silver and trace of
gold. Understand, this is not picked
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