Bisbee daily review., 1903-07-15
HOPKINS MADE A FORTUNE.

The following from the Arizona Bull letin shows what good judgment may accomplish in the way of mining in vestments in Arizona. J. G. Hop kins, who for many years was secretary and treasurer of the Arizona Copper company and in charge of its general office business is now visiting Clifton and receiving a royal welcome from his many old time friends. MT. Hop kins came to Clifton as the representa- tive of trust company who was large creditor of the company; he was 6 young man of energy but with very little capital; today. less than twenty years after, he is rated as being worth mire than one million. When he came to Clifton the Arizona Copper company was about as near bankrupt cy as any outfit ever got and escaped it The management had been incom- petent for years and about all the available ore bodies had been exhaust ed. Soon after the present superin- tendent. James Colquhoun, who had been connected first with only the re- duction department, was placed in full control of the entire enterprise. He at once began to install new processes for the treatment of 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. Un- der the new management everything was soon systematiZed and those on the ground and acquainted with the mines and their ability to yield unlim- ited quantities of low grade ore were not long in reaching the conclusion that for the Arizona Copper compa- ny's prosperity and early dividends on stock was assured. The stock was hardly saleable at any price. MT. Hop kins 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 Mir Hopkins yielded him profit of nearly hundred dollars for enc within a few years so rapidly did it advance. Mir. Hopkins is now one of 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. A few years aga he bought beautiful tract of land in the state of Virginia and built thereon a splendid home in which he now resides He comes back to Clifton once or twice year to see his old friends, with whom he Was associated so long in the work of extracting the Arizona Copper com pany from a very dangerous hole. To which the Era will add that MT. Hop kins is not the only man who made a fortune on Arizona Copper company stock, though having better nerve, and not being troubled with "cold feet, he had much more money than any Of the other investors of that time. AS stated above, many others, then resid- ing in Clifton, made fortunes in A. C. stock and now reside in Los Angeles, and other cities. A large number or others also made "big money" out of the same enterprise, but are not con sidered wealthy. A large amount of A. c. stock is owned in Clifton and Mo renci by people who are still in the em- ploy of the Company. There are other opportunities here to make money by judicious investments in stocks. Mining is yet in its infancy in this section Stocks which are not well thought of today may double in value many times during the next year or two.
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