The ranch. [volume] (Seattle, Wash.) 1902-1914, 1905-10-01
What Copper Investment Means

to the advertisement of the Seattle
Boston Copper Company, appearing
for the first time in this issue. The
men at the head of this company are
well known in our city, Charles Il.
Crane having been for years the mana
ger and principal owner of the Dia-
mond Ice & Storage Company and the
Mutual Light and Heat Company. DR..
Churchill is a physician of seventeen
years practice in Seattle and very
successful business man. f. A. SUIT
phen and M. B. Crane are of the well
known firm of M. B. Crane & Co., Inc.
With these gentlemen is associated
A. M. Brooks, manager of the Pacific
Coast Biscuit Company. None of these
gentlemen would allow their names to
be connected with any proposition
which was not guilt-edge and would
bear every investigation. They have
incorporated this company for the pur-
pose of developing copper properties
in King and adjoining counties, which
are deserving of their assistance, ana
they propose to furnish transportation
facilities and such assistance in the
way of capital as will bring any COM
nanv they may make contract with, to
a producing state.
The outlook for mining in the west
was never brighter than at the present
time. Through all sections of the
Rocky mountains come encouraging
reports for the investor. A resume OF
the first six months of the present year
shows that sixty-nine American metal
mines and reduction companies in
eleven different states and territories
maid dividends amounting to $25, 55S,-
355.O and indications are that the
last six months of 1905 will break all
previous records as regards product,
ions and dividends. More than half,
or $12.932,S6SO0 of the dividends paid
during the first six months OF 1903
come from fifteen copper mines.
Washington's Copper Properties.
The copper properties of the state
of Washington will no doubt be recog-
nized within the next twelve months
as having greater values than any
properties now on the market, and the
advance in the price of the stock OF
those companies having ore on the
dump will be very rapid.
An official report states that twelve
of the largest copper mines In the
United States, whose combined output
equals 70 per cent of the worlds an
nual production, are working on cop
per ores yielding less than four per
cent; some five per cent and some SIX
per cent, but on an average under
four per cent. The ores in the Cas-
cades, where the Seattle-BOston Cop
per Company are at work, are yielding
16 per cent to II per cent, and the in
weston who can afford to put his money
into such properties as the AmaIga'
mated and other Montana properties,
working on low grade ore, must GER
tainly find in an investment in these
high grade ores of Washington much
larger returns.
There is one thing remarkable about
the copper properties of the state OF
Washington. Not a single property
has been known to pinch out in sink
ing shafts upon the vein; on the other
hand, they have gained in value, and
as a rule in width of vein, making an
investment in these properties re-
markably safe.
Fortunes from Copper.
When one looks over the list of
large fortunes accumulated in the past
century, the owners of stock in cop
per mines lead the procession in point
of number. In fact, there is no safer
investment today in the United States
than an investment in the stock of
good copper mine. A greater number
of men have made Independent for
tunes or have become milllona1res
through their investments in mines
than from any other form of industry.
In this connection we would call the
attention of our readers to such men
as ]. B. Robinson, who is rated worth
$5OO,OOO 900; Alfred Belt, $3.50, 900 900;
Barney Barnato, $200,000,000; Cecil