Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-10-23
New California Copper District said
10 be PlenomenaIly Rich.

Goldheld, New, oct 22.-By far the
most sensational jump into prominence
of any mining camp added to the map
in many years IL that of Greenwater
and the surrounding district, IN Inyo
county. Cal The metal responsible for
this sensation Is copper, The amount
OF copper ore in surface showings alone
Is tremendous. The copper ore yielded
By every shaft that Is sunk Is proving
from hour to hour that Greenwatur is
without doubt the greatest copper min
ing territory ever found IN the world.
IL Is bigger than all the copper dis
trlcts OF Montana and Arizona put to-
gether 1t Is 80 ineontestably big ami
valuable that nearly s20000,000 has been
invested in 100 claims during the last
six months And the men who have
thus invested so vast a sum are many
OF them among the most important
mine owners OF this generation.
DISTRICT COMPARATIVELY NEW.
To reolte the simple facts about the
bonanzas suddenly evolved at Green
water is to court either wonder or in
crtdulity. This district was practically
unknown, practically unexpored, with
in so short a time as 10 years ago. 1t
of the Funeral range, IT was supposed
until recently TO be beyond the reach
of an adequate water supply. The mere
suggestion of possible railroad lead
ing TO these crests from which, on the
California side, there IL an almost sheer
drop to desolate Death valley, was
primarily received with ridicuie. IL Is
unknown no longer. It has been ey.
plored from end to end. 1t viii have
a railroad and all the water il can use
early IN the new year. In other words
and without exaggeration. II has Jump
ed from obscurity to the biggest mining
potentlality ON record, IN less than Il
decade.
BACK FAITH IN DISTRICT.
Copper mining is expensive. No
copper proposition was ever opened
up by anything except real money
Only fool would attempt wildcat
ting operations In this metal, and the
fool would have his trouble for his
pains. The firms and individuals
who have put their money and repu-
tations into the future of Greenwater
propertles--indivlduals and firms like
Patsy Clark, Augustus Helnze, Chas
VI. Sehwab, the L. Nj, Sullivan Trust
company, senator Clark OF Montana
and "BoraN" Smith---are making this
investment because they are absolute
~ certain OF the Investments value
To overlook the Importance and the
solid foundation of Greenwater's
claim upon public attention Is pure
folly.
PROFIT IN COPPER.
The total copper production OF the
United states for 1906 was about 400
600 tons Fully half OF this ton
mage came from Butte. where much
or the best copper ore mined shows
values of per cent upon which
more than 500. 900 900 has been paid
IN dividends. The Greenwater distrlct
has twice the area OF Butte, It's
copper showings run as high as 80
per cent. Tho supply OF copper dur
ihg the last year fell far short OF the
demand---to be exact, while the in
crease In production was only 9 ner
cent the Increased demand was figured
AZ 34 per cent. 1t does not need dia-
gram to show why the Greenwater
Investors are confident OF stupendous
protts, That they have not gone into
this enterprise as flyer Is evidenced
by the fact that they have not put
tnelr STOCK on tho market at penny
prices, ana by the further fact that
they nave the actual coin I'm their
treasures for serious mining.
SOME USES OF COPPER.
II tho layman does not understand
why the demand for copper constant
y increases, 1t is very easily explained
me chier use OF pure copper is for
electric work. II Is used In the con-
structlon OF dynamos and motors;
| great quantities are rolled into wire
lor many purposes, including subna-
flne cables, long-dlstance telephone
and transmission lines for light and
power service The kitchen pots and
| pans explain some OF its consumption
us use as an alloy is astonishing, Red
brass IL 90 per cent copper. Yellow
| brass Is two-thirds copper OF the
! finest gold jewelry nearly % per cent
| is copper. Every ship propeller con-
tains more copper than anything els.
And copper makes up one-tenth OF the
| weight OF every silver coin mlnted by
the United States.
PRICE is RISING.
In 1894 copper sold for only nine
cents a pound. Now It brings %
cents. The copper district OF Lake
superior yielded huge profits from
veins and lodges whore the copper In
| the ore ran as low as one per cent.
Tho Butte dividends were paid In great
| part from four per cent tonnage.
| With the uses for copper Increasing
! from day TO day, with the supply here
tofore available tagging farther and
farther to the rearward OF demand
the reason for the excitement over the
Greenwater discovery and its subse.
quent developments scarcely needs
elaborate emphasis.
Al the present time II seems to be
agreed that the cream OF the proper
ties at Greenwater Is defined BY the
Copper Blue claim. on which Patsy
Clark has made so phenomenal strike
and the Anxiety and Copper Shoe
claims, adjoining the Copper Blue and
showing q continuation OF its great
ledge And II is agreed by all the eS-
perts on the ground that when the
Anxiety and Copper Shoes properties
are started toward development, an
event 10 take place within the next
ten days. the Furnace Greek South Ex-
tension, as the corporation being pro-
Noted for this purpose bv the l.. NJ
sullivan Trust company II known, will
prove TO the satisfaction Of tho last
pessimist that Greenwater Is the IN
doubted leader among an the copper
districts OF I'VE continents.