The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-07-18
Buy Copper Buy Copper
COPPER

sell at i3o..it may reach $50.
This 10 my prediction.
Don't stick a pin here Buy
the stock and buy Il 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 reason, in
1906 than in 1901 why 1t should sell
at that price.
Tho AIoalgamated Copper Company
Is operated under Standard OIL meth.
DDS and policies. Whatever may be
said Of the Standard OIL people, 1t
has mover been denied that this grorl.
of financiers has been successful in
their undertakings. They made Stan.
dard OIL. they made st. Paul and they
made many other equally good secu.
rites. They have made Amalsamat.
ed Copper. Now they are going to
give 1t a proper market value. That
value Is 100, maybe 15o.
Inside financial interests have been
accumulating the shares since their
low point in October. 1908. The bear
party Of Wall Street and Boston have
used every pressure to keep the
shares down. They are now 90 points
above that low record.
Thousands Of dollars have been
spent In a bear campaign against
~Amalsarnated since July, 1904. With
in the year the price has advanced 60
per cent. and the dividend has been
increased from "a Of one to one per
cent. quarterly. Dividends talk.
Five years g Amalgamated paid
eight per cent. The conservative pol.
icy of Producing the dividend has plac-
ed the company in a strong position.
The stock will be on n six per cent.
basis in a short time. Then the divi.
lend will be increased again. If IL
is worth over so when It pays four
per cent, 1t will be worth more than
l21 ON a six per cent. basis.
The worth Of a mining stock is
judged by ore in sight. 1t is estt.
mated that one-iith of The Butte
Mountain ore body has been mined.
Statistics show that one.ifth was
worth 500, 100000. Eighty per cent.
Of the remainder belongs to AmaIsa.
mated. That would be worth at
least s 2%,24o.ooo,ooo, or s1,445.oo for
each share Of Amalsamated. stupen-
dous.
Amalsamated produced 100000
pounds of copper last year. At double
this output It 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, its 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.
K1o I1nto............. 10, 1000, 900 lbs.
Mansfield. .....-....... so, 900, 900 0s
Calumet q Hecla. 81, 900, 900 I"
Consol'dC Copper Queen go, 600, 200 9"
Greene Consolidated. 10000, 900 g"
Amalgamated. -. .254, 900, 900 ss'
At the present rate Of output, Anal.
gamatod will produce 1000, 900 tons
in 1906.
The copper metal market is strong.
Better than Is cents a pound will be
received for this output. At is cents
it would be WORTH SAG, 100000.
1t would take only ss.5o0,ooo to pay
10 6 per cent. dividend on Amalga-
mated's s155,o0o.oo stock. This ,s
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 q
Boston, Colorado Mining, etc.
Amalgamated owns the Bcst1n G
Montana and the Butte C Boston,
65 per cent. Of Anaconda. and II per
cent. Of the Parrot.
In 1904 Montana produced s4,96o,-
900 in gold. and 1 2.75o.ooc in silver.
Butte Mountain produced Sc per cent
OF this gold and s6 per cent OF the
silver.
The Butte Mountain deposit is the
richest and most easily worked in the
world. The deepest ore Is the richest.
The worth Of this deposit Of copper
ore is almost incredible.
These are facts-not fancies.
Anra1uo nn.tas %