Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1906-11-23
IN MINING CIRCLES
Everything Looks Bright to Owners
Of Property in Cooper Belt"
BONNEVILLE TO- SHIP ORE
Copper King People Preparing for Work
The Demand for Copper is Rap
idly Increasing.

Idly Increasing.
The directors Of the Copper King
Mining company have levied an
assessment Of two and one-half mills
on the share for development pur-
, poses, said assessment being PAYABLE
by Dec. goth, to the secretary Chas.
E. Harris. So far as heard from
all the stockholders will pay it
promptly. A contract will he let
for some $500 worth of work dur
ing the coming week.
The Bonneville company have be-
gun work in their new shaft and
they are now sinking it as rapidly
as possible. This shaft will tap the
lead at about $50 feet, and from
here they expect 10 stope out the
rich ore that has been opened in the
incline above. A shipment Of 80
tons will be hauled down from the
mine next Sunday and shipped to
Murruy for smelling. This ship
ment Is expected to run very high
Apd be the means of hurrying up
the development work on the other
claims on the belt.
Within the past three weeks the
Bonneville people have received
fattering offers from two different
mining experts, representing Utah
and Nevada capitalists. The offers
are both under consideration, and
their acceptance or refusal depends
upon developments made in the
near future. The fact that outside
mining men are willing to invest in
our cooper belt" is evidence that
there must be somethind good in
sight.
The holders of stock In the sever
al Montpelier companies have every
reason to feel encouraged over the
outlook. Copper is the coming
metal of the world. The demand
for 1t is increasing daily. not only
in the United States, but in all
civilized countries of the world.
Electricity has revolutionized the
use of copper, yet the uses to which
this subtle power may be put have
scarcely been grasped. Copper is
indispensable wherever electricity
Is used, and the world must there
fore have copper. From an article
in a recent issue of Business and
Finance, a journal devoted to min.
ing and other corporate interests,
we publish the following extract,
which gives some idea of the new
markets that are being opened fol-
copper:
.Japan is already a user Of enor
( nous quantities of copper, eastern
Asia consuming yearly average o.
over ten thousand tons. Japan ha'
a population exceeding 100000, 600
She now industrially represents wha
America was at the end of her Clvi
War Japan's future Is before her
not behind her, and the tremendou
demand on the copper supplies o
the world by her people eager to Sc
their country take rank as leading
civilized power ~ destined to cor
tribute wonderful chapter to tn
future Tale of Coppers.
"The revolution effected in a ter
years. span by Japan leads one I
ponder on the outcome and effect o
the worlds supply of copper whe
China (the sleeping grant of tn
Orient) with its population 9
400, 900, 900 calls on the world I
bind 1t with leashes of copper an
gridlrons of steel. ~
"Figures show that imports {
copper into China during the FIR
four months of this year aggrega
s5,5es,185 pounds or in excess Of
million pounds more than in the el
tire preceding year. These fgar'
but point to the latent possibiliti
IN our sti umbering China WI
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