Los Angeles herald., 1910-12-24
UNITED VERDE STANDS
SECOND MONEY MAKER
Great Copper Mine of Jerome
Surpasses All Save One
in Dividends

JEROME, Ariz., Dec. 23.-With an
other m.nth OF the 1910 copper pro-
dn;tion of the world passed, the re-
suit in the eleven months shows that
Jerome's great copper producer, the
United Verde mine, owned by Sena-
tor William A. Clark, has moved into
the second place among the dividend
paying cor er mines in the world, out
strppin.: the great Anaconda of Mon
tana, and the Calumet & Hecla or
Michigan.
As a dividend payer the United Verde
stood third on the list for the first
ten month of 1910. but the past month
saw her move past the Anaconda and
take second place. This with twenty
four copper producing dividend paying
mines operating and turning out bull
lion during the year. All but one or
the twenty-four are located in the
United States. Since their incorpora-
tion these mines have paid total
of 1861 7S1, G23. This makes return OF
2S9 per cent or their total capitallza-
tion of $124,691,614
Th Sc figures are worthy OF COM
parison with returns on money invested
in other industries. When the fact IS
taken into consideration that the dis
trbution of this vast sum reaches
from the workman's cabin to the pal
aces of the wealthiest in the land, and
with these dividends goes to the wage
Garner the immense cost of produc-
ton, it can be seen that 1t Will take
more than the average mind to grasp
the Importance this industry plays in
the prosperity of the United States.
These twenty-four companies nave
paid up to December 1, 1910, $22,031, 1879,
the Utah Copper leading with $3,476,-
726: the United Verde following with
S2.4750O0; Anaconda, $2,400,00O; Calu-
met & He-la, $2,2OO,0O0; Nevada Con-
solidated 81, 100000; Boston & Montana,
$1,40o,00O; Arizona, $1,03S,0l7.
according to e Mining World or
December g. those companies classed as
gold d-siVer-load-zinc producers, with
102 of them, as against twenty-four
copper mines, have 50 far in 1910 dl-
Vided $29,3 500 among their stock
holders, totaling since incorporation
$219 400, SCI, against $361.7S1,623 paid by
the twenty-four copper companies
since their incorporation. OF the 102
companies named, sixty are located in
the United States. They paid during
the eleven months $17,7S3,631, and to
date $l47, 1897, 1873 and Sc per cent return
on outstanding capital of $110,461,315.
A comparison of these figures with
those built ,.p by the copper producers
will be of interest to the large or small
investor.
Jerome is naturally boastful and
justly prod. of her great producers,
the United Verde mine, and of her
many promi~:ng prospects. OF her
Copper Chief, with her millions OF
dollars worth of ore in sight; of the
United Verde Extension, with its i'm
I-ense exposed ore bodies; of the Ar
kansas e. Arizona, with its splendid
prospects and the mastery manner in
which they are Going after 1t with
plant second to none in the southwest;
: a plant that was installed after due
deliberation over advice given by the
best of experts. Jerome is proud of
her Cleopatra with her thousands of
tons of rich ores on the dump and
exposed in its workings. OF such COM
panies as the haynes and the Jerome
Verde Copper.
Companies that are spending money
IN developing ground generally ac-
knowledged to be most promising in
mineral way. And all of those prop
critics named above, excepting the
Copper Chief, are clustered up against
the United Verde mine, the second
greatest copper producing dividend
paying mine in the world.
With what the best experts have
been able to CLEAN from actual work
underground and from books, they give
assurance that there is every possible
indication that these companies are de-
veloping ground that will sooner or
later enter the dividend paying class.
AS to which will come in first is SIM
ply a matter as to the depth of the
ore bodies which extend through their
ground.
At the present time the opening of
these mines has as yet just started
But with the splendid work they are
now doing the stockholder can well af-
ford to patiently await results, espe-
cially so when 3le knows positively the
results of the development of the
United Verde.
Outside of those mines mentioned
above there are many prospects in the
district just as worthy of attention, but
which are now idle. With the fact al
ready deml nstrated that Jerome is one
of the richest mineral districts in the
world, the averag, mining wise man
cam understand why this ground is
not being worked.