Mohave County miner., 1916-12-09
JEROME COPPER
 MINING DEAL
CFrom Tuesdays Daily Miner.)

velopments of the past week, says the Los Angeles Times, has been the form ing of a syndiatec composed principal ly of well known financial interests of Arizona for the purchase of a copper property in the Jerome district con sisting of 32 claims approximately $40 acres and well known in and around Jerome as the square mile of min eral land." The syndicate which has purchased this property will organize under the name of the Big Jerome Copper Company" and it is it's inten- tion to immediately begin an aggres- sive development campaign on the large acreage it has acquired.
 While a majority of the men who have formed this syndicate are well known in the mining industry of Ari- zona, Los Angeles will be represent ed on the board of directors by Harry E. Andrews, who will control large block of stock in the new company and will be it's vice president. Mir. An drews is heavily interested.
 Those in close touch with existing conditions in the Jerome district ex- pect interesting developments when the Big Jerome Copper company has completed organization and work on the "square mile of mineral land" is really under way. The location of the property is considered one of the best in the Jerome district. One portion of it adjoins the Pittsburgh Jerome, a popular trader which is now selling at S2.12 bid and S2.25 asked, and another portion adjoins the Copper Chief prop erty, which is now at 50 cents. Other well known adjacent properties are the Boston Jerome, Green Monster, etc.
 Probably there is nothing more in- teresting at the present time than the phenomenal conditions which exist in the mining investment field, and this is especially true of copper mining. All of the big copper producers of the United States are now paying enor- nous dividends and the rate at which copper stocks have advanced in price during the past few months is one of the most remarkable occurrences in the history of American finance.
 The great quantity of copper which is being used in the war has sent the price of the red metal to figures which a few months ago were undreamed of. Yet, in spite of this great increase in price the demand is steadily growing and has now reached a point where all the copper which can be turned out by the present producing mines of the country during the year 1917 has already been sold in advance. This fact has brought out a most in teresting side of the copper situation and that is that in order to meet the present abnormal demand and keep up with the normal demand, which will follow when the war is over, new hines will be absolutely necessary.
 Under these conditions, the entire Jerome district at this time is one of great activity. In fact, all eyes of he investing world seem to be cen cred on Jerome, which was first brought into prominence by the big rest body of high grade copper ore in he world.
 Jerome at the present time has hree producing mines, and any day Jig strike may be made at one of the prospects under development. It is vident that before the present era of investment in copper is over some Of he Jerome prospects may make sen ational strikes.
 The property of the Big Jerome Copper company has been one of the respects that big interests have been .ttempting to acquire. It remained, .owever, for the Los Angeles capital sts to close the deal which has just cen announced.
 Jerome has furnished the world rith the biggest mining sensation 1t as ever had. There has been one ompany after another whose stock AS been placed on the market at low .gures and then promptly proceeded Q advance to several dollars per share. he ore values in the Jerome district re so great that the good properties