Evening star., 1902-02-18
FINANCIAL.
COPPER STOCK
AS Am Investment.
OFFICE OF THE GEORGE A. TREADwELL
MINING COMPANY, % WILLIAM
STREET, NEW YORK

recommend stocks In cansery ativeiy managed
copper companies good investment perhaps
the best open the investor for the follow
ing reasons:
l. The worlds demand for copper is steadily and
rapidly Increasing
Electricity is coming into for power more
and more every year and almost every day. The
waterfalls of the world being rapidly harnessed
to the worlds industries and the discovery of fuel
oil in such quantities in Texas and California
steam on large sca.e In central and favorably
of electricity wide area.
All this requires the use Of copper I'm immense
quantities, for rival of copper as conductor of
electricity has been discovered. Aluminium has
been tried and does not give satisfactory results.
Copper still holds the field.
Besides, copper is coming to lie used more and
more FOR purposes other than electrical condncion,
in the building trades In shipbuldng and in the
arts. 1t is the only metal that is universal
alloy.
Trade depressfons such have prevailed in Ger
many and England during the last two years may
have an effect upon the demand, but 1t is only tenn
porary. and when the depression disappears the de-
mand for copper will increase all the more. The
stream that is damned up only accumulates its
force. and the trolleys that had to wait still re
main to be built.
The nineteenth century opened as age OF steam
and iron. The twentieth century opens age
of electricity and copper The of copper in the
twentieth century is likely TO increase much
the of iron did in the nineteenth century.
Of pro1u
tion insufficient to supply the Inevitable de-
mand
More than eighty per cent of the copper of the
world comes from four great copper producing dis
tricts-the Rio Tinto in Spain, the Lake District
and the Montana District in the United States and
the Southwestern District in Arizona and Mexico.
Competent observers believe that the Rio Tinto
the Lake region and the Montana region have all
their best days
The Rio. Tinto properties already depend quite as
much their sulphur as on their copper product
for their dividends. Some Of the mines in the
Lake region are raising their from the depth
of mile underground-the equivalent of more than
a thousand miles above ground and the stock Of
the Amagamated Copper Company declined SO
much because of the increase in the production and
the decrease in the demand for copper because
the company's properties for the most part
Montana Mines whose future Is uncertain
The product Of the Southwestern District OF Ari-
and Mexico is 1t is true. steadily increasing
and is likely to increase very much beyond Its pres
ent limits, but increase as much as it WILL it can
hardly supply the worlds increased demand which
will follow increasing prosperity.
l recommend the stock OF the George s. Tread
Art,
the best copper stock the market to buy at it's
present price, $3.50 per share, for the following
reasons:
1. Its properties situated in the two famous
districts of Arizona-the Verde Belt and the Big
Bug District.
The United Verde Copper Company the property
Of which was the first to bring to public notice,
is an example of what these districts do.
2. The properties Of the George A. Treadwcll
Company immense in their extent. Their ag-
gregation into organization has been the work
on which have been largely occupied during the
last twenty years and during the last FIVE years l
have had the invaluable assistance Of my friend
and counsel Mr.. Walter s. Logan The property
consists of eighty-three carefully selected claims.
covering about fourteen hundred acres 1 believe
It is the largest aggregation Of copper property in
corporation in the United States outside Of the
.Amalga mated Copper Company.
3. The surface developments the property are
the finest have ever seen. The cap Of gossan
the Clf-one of the G. A. 7. propertles-is larger
than that on the United Verde; larger, in fact, l
believe, than any other in the world. The indica-
tions the Brookshire, Green Monster. Spoke and
Stonewall and Iron Queen scarcely less en-
couragng.
There is not a foot of the property that would
be willing to part with.
4. The underground showing made by the develop
ment work confirms all the evidence of the surface
indications. Already more than three hundred
thousand dollars in cold cash has been spent
this development work. and 1t is well within
bounds to say that the expenditure of every dollar
has developed ten dollars worth Of values Copper
water even stronger than that which flows from
the United Verde is now running in steady
stream from the lower Brookshire tunnel. Ten
inches of native copper is found the wall of
the Iron Queen, beneath large body of fourteen
per cent copper ore. The copper deposits already
found in the Brookshre Indicate the existence of
body of scarcely, If at all, Inferior in volume
and value to that of the United Verde. and the
Cliff, Badger and Pastme workings are equally en-
couraging.
5. We have gold and silver well as copper.
All the copper mines of the Verde Belt rich in
gold and silver. The United Verde pays half Its
expenses with its gold product. Our Brookshirc is
worked for long time by the former owners for
its gold alone the copper being thrown away and
have already exposed carrying than
$500 ton in gold.
The Importance of the gold values in copper ore
can hardly he 0rerestimated.
6. l am the President of the company and have
general charge of It's operations, and my Erwin
d. Treadwell, whom Mr.. Logan calls .'chip Of
the old block is In charge of the work Super
intendent of the mines
Those who have faith in US will be satisfied with
the mana cement. Whatever else it may lack 1t
will certainly be conservative and economical.
Z. The company is out of debt and pays its way
in cash as 1t goes.
withstanding its immense aHd costly property and
expensive development, 1t has capitalization Of
only three million dollars with nearly one fourth
OF it still IN the treasury and everything aid for
to date.
Its shares, of the par value Of $40, sell
ing for $3.50.
/ believe that the person who buys one OF these
shares now at the present price gets u larger in
terest in a better property than he can get by
any other investment.
8. 1 consider this enterprise the consummation OF
my life's work. and 1 pledge myself to the COM
pany and its stockholders to devote the remaining
years of my life to making IL success which will
he creditable to long as live and monu-
nlent To me afterward l desire other monument.