The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-07-19
Buy Copper Buy Copper
G OPPER

Amalgamated Copper will
sell at i3o--i may reach 100.
This Is my prediction.
DON'T stick a pin here Buy
the stock aud buy II now.
Don't wait for IL to touch
top. Buy II now.
This prediction is made after a
careful Investigation of the intrinsic
value and the market position of the
stock. Amalgamated sold at 100 in
1901. There are more reasons in
1905 than in 1901 why 1t should sell
at that price.
Tho Aiaalgamatad Copper Company
Is operated under Standard Oil meth
DDS and policies. Whatever may be
said of the Standard OIL people, 1t
has mover beer denied that this grort
of t%innnciers has been successful in
their. undertakings. They made Stan.
dard OIL, they made st. Paul and they
made many other equally good secu.
rifles. They have made Amalyamat-
ed Copper. Now they are going to
give 1t a proper market value. That
value. Is 1870, maybe $50.
Inside financial interests have been
accommodating the shares since their
low point in October, 1909. The bear
party Of Wall Street and Boston have
used every pressure to, keep the
shares down. They are now 30 points
above that low record.
Thousands of dollars have been
spent In a bear campaign against
Amalsamated since July, 1904. With.
in the year the price has advanced go
per cent. and the dividend has been
increased from "a Of one to one per
cent. quarterly. Dividends talk.
Five years ago Amalgamated paid
eight per cent. The conservative pol.
icy Of reducing the dividend has plac.
ed the company in a strong position.
The stock will be o n a six per cent.
basis in a short time. Then the divi.
tend will be increased again. II II
is worth over So when 1t pays four
per cent, 1t will be worth more than
l2b on a six per cent, basis.
The worth of a mining stock is
judged by ore in sight. It is esti.
mated that. one-itth of The Butte
Mountain ore body has been mined.
Statistics show that one-ifth was
worth 500, 600, 600. Eighty per cent.
Of the remainder belongs to Amalsa.
mated. That would be worth at
least s2,a4o,ooo,ooo, or s1.445.oo for
each share Of AmaIsamated. stupen-
dous.
~Amalsamated produced 24o,ooo,ooo
pounds Of copper last year. At double
this output II would still be working
in the Butte deposit 100 years from
now.
One hundred mines and mining
claims belong to the Amalgamated.
Look at Its timber and coal, It's rail-
roads and profits from by-products.
Look at Amalgamated when its out
put is compared with that of the
worlds greatest mines:
Output In 1904.
Rio Tinto............. 10, 600, 900 lbs.
Mansfield. .........., so, 900, 900 -
Calumet & Hecla.. -. 81, 900, 900 20
Consol'd Copper Queen 60, 100000
Greene Consolidated. $4,000, 900 81
Amaigamated. ..... .254, 900, 900 ~
AT the present rate OF output. Anal
gamatcd will produce 300, DOC, 900 tons
in 1895.
The copper metal market is strong.
Better than Is cents a pound will be
received for this output. At is cents
1t would be worth s45. 0oo, 900.
1t would take only s9,5o0.OOO to pay
q G per cent. dividend on Amalga-
mated's s155,00o.0oo stock. This is
only 90 per cent. of the gross income
from copper mined. In addition there
are profits from by-products, timber,
coal. etc.
Glance at some of Amalgamated's
subsidiary companies: Boston and
Montana, Anaconda, Parrot, Butte &
Boston, Colorado Mining, etc.
Amaigamated owns the Boston &
Montana and the Butte C Boston,
6H per cent. Of Anaconda. and n per
cent. of the Parrot.
In 1904 Montana produced $4,000
900 in gold. and $~12.75o.oOc in silver.
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