The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-10-29
GRECNWATER COPPER.
Boom Talk on Region That is Ger
tainly on the Boom.

Goldfield. New, Oct. 27-By far the
most sensational jump into prominence of
many years is that OF Greenwater and
the surrounding district, in Inyo county,
California. The metal responsible for this
sensation Is copper. The amount OF cop
per ore in surface showings alone is ire
mencSus. The copper ore yielded by ev-
cry shaft that is sunk is indicating from
hour to hour that Greenwater is the
greatest copper mining territory ever
found i'm the world-bigger than Butte
bigger than Bisbee. Nearly $4,000. 600 has
been invested in 100 claims during the last
six months. And the men who have thus
invested so vast sum are many OF them
among the most important mine owners
OF this generation.
To recite the simple facts about the
bonanzas suddenly evolved at Greenwater
is to court either wonder or incredullty'
This district was practically unknown,
practically UNEMPLOYED, within so snort
time as ten years ago. 1t lies far up
among the remoter crags OF the funeraI
range. II was supposed until recently 10
be beyond the reach of an adequate wa
ter supply. The mere suggestion or a
possible railroad leading 10 these crests
from which. on the California slde. there
Is an almost sheer drop 10 desolate Death
valley, was primarily received with rld-
icule. IT is unknown no longer. 1t has
been explored from end to end. IL Will
have a railroad and all the water IT can
use early in the new year. In other
words. and without exaggeration, II has
jumped from obscurity to the biggest
mining potentiality on record. in less than
a decade.
Takes Real Money.
Copper mining is expensive. No cop
| per proposition was ever opened up by
anything except real money. Only fool
would attempt wild-catting operations in
this metal, and the fool would have his
trouble for his pains The firms and in
| dividuals who have put their money and
/ regulations into the future Greenwater
Observation-Disclosures and firms like
| Patsy Clark, Augustus Heinze. Charles
| company Senator w A. Clark of Mon
tana and "Borax" Smith-are making this
| investment because they are absolutely
| certain of the investments value. To
overlook the Importance and the solid
! foundation Of Greenwater's claim upon
public attention is pure folly.
The total copper production OF 100 t %.
tons Fully half Of this tonnage came
| from Butte, where much of the best cop
per ore mined shows values of per cent
| upon which more than 800 100000 has beer
| paid i'm dividends. The Greenwater dis
trict has twice the area OF Butte. Its
copper showings run as high as 80 per cent
The supply of copper during the last year
fell far short OF the demand-to be exact
! while the increase in production was only
6 per cent. the increased demand was fig
| ured at 81 per cent. II does not need g
diagram to show why the Greenwater IN
it's That they have not gone into this
| enterprise az a flyer is evidenced by th'
fact that they have not put their stock oil
the market at penny prices. and by thu
| further fact that they have the actua
coin i'm their treasures for serious mining
Why Copper Is In Demand.
If the layman does not understand VIII!
the demand for copper constantly in
| creases. the demand may be very easii!
explained. The chief use of pure cope
is for electric work. 1t is used in tn
construction of dynamoS and motors
great quantities are rolled into wire 70
many purposes including submarine ca
blcs. long-distance telephone and trans
mission lines for light and power ser
vice The kitchen pots and pans explain
some of it's consumption. It's use as a
alloy is astonishing Red brass is 90 pc
cent copper. Yellow brass is two-third
copper. OF the finest gold jewelry, nearl
% per cent is copper. Every ship propel
Ter contains more copper than anythin
else And copper makes up one tenth O
the weight of every silver coin minted b
the United States.
In 1894 copper sold for only cents
hound Now it brings % cents.