The copper era., 1903-07-09
How Dudley Worked It.

! Il, " d. -lt h III ei HOL~ts duu hbtn hpNi- 1 ing of the strike, and probably would
 sell his stock cheapiy, but would not sell to Dudley, because they had quar- relied. 1T the man with the money
 would 20 to the engineer and buy the stock Dudley would take it of his | hands at dOub'c the price. The man would 20 to the engineer, find him suffering from rheumatism, anxious to
 20 to Europe, and ready to sell any thing be mad. The sale would be made { the purchaser would rush back to ! Qualcv's office. but Dudley would be gone. The police finally got hold of
 Mr. Dudley, ana the case was 50 clear | he plead guilty. Some of his Graham county acquaintances will be glad to know that he ia putting iu time at Sing Sing.-Liberal.
 The following from the Arizona Bulletin shows what good jusdment may accomplish in the way of mining investments in Arizona: J. C.. Hop kin-. who for many years secretary
 and treasurer of the Arizona Copper company and in charge Of its general office business is now visiting Clifton
 and receiving d royal welcome from
 his many old time friends. Mr. Hop
 kins came to Clifton as the representa-
 tive of d trust company who was
 large creditor of the company; he was
 T young man Of energy but with very
 little capital; today, less than twenty
 after, he is.rated as being worth more
 than one million dollars. When he
 came to Clifton the Arizona Copper
 company was about as near bankruptcy
 as any outfit eyer got and escaped It.
 The management had been iucompe-
 tent for years aud about all the avail
 able ore bodies had been exhausted. .
 Soon after the present superintendent,
 James ColquhOun, who had been con
 nccted first with only the reduction
 department, was placed in full control
 of the entire cntirprise. He at once
 began to install new processes for the
 treatment of the treatment oi the
 large low grade ore bodies which were
 known to exist in the mines. First
 the teaching plant was designed and
 erected. then the converter plant was
 installed. Under the new manage
 mcnt everything was soon systema-
 tizcd and those on the ground and ac-
 quaintcd with the mines and their
 ability to yield unlimited quantities
 of low grade ore were not long in
 reaching the conclusion that for the
 Arizona Copper companys prosperity
 and early dividends on stock was as
 -ured. The stock was hardly sale
 able at any price. Mr. Hopkins was
 the first to buy the stock and he kept
 buying, selling all his property and
 borrowing money from friends, some
 of whom he induced to join him in the
 investment. some of the stock
 bought by Mr. Hopkins yielded him d profit of nearly hundred dollars for one within few years so rapidly did it advance. Mir. Hopkins is now one uf the heaviest stockholders of the Arizona Copper company and was the largest individual holder of the stock at one time within the last two years \ few years ago he bOughJa beauti- i ful tract of land in the state of Nir- l ginia and built thereon splendid ! home in which he now resides. He .omcs back tO Clifton once or twice a year to sec his old friends, with whom l he was associated so long in the work | 1f extracting the Arizona Copper 1 from very dangerous hole. l To which the ERA will add that Mir. | Hopkins is not the only man who made | ! fortune on Arizona Copper company stock, though having better nerve. | and not being troubled with "cold l feet" he made much more money | than any of the other. investors of l that time. AS stated above, many 1 others, then residing in Clifton. made ! fortunes in A. C. stock and now re- side in Los Angeles, and other cities. l A large number of others also made | big money" out of the same enter prise, but are not considered wealthy \ large amount of A. C. stock is | owned in Clifton and Morenci by peo- pie who are still in the employ of the l There are other oppor- | tunitics here to make money by iudici- | )us investments in stocks. Mining iS 1 yet in its infancy in this section. | Stocks which are not well thought of | today may double in value many times | during the next ear or two.