The Arizona copper camp., 1916-04-14
VERDE DISTRICT
MINES ATTRACT
MANY INVESTORS
BY William P. De Wolf

States. 1t clings precariously to the
eastern slope of the Black Hills range
and from distance resembles more
the village of some cliff dwelling peo-
pie of ancient times rather than the
abode of a modern race which draws
financial sustenance from one of the
richest copper mines in the world.
Eighteen hundred feet below Jerome
the Verde river threads its way
through the verdant bottom lands like
a silver cord through an unrolled belt
of green velvet. Far across the Verde
valley, in everchanging light ane
shadow. spreads a sublime panorama
of painted hills and purpled heights
that was etched by the master hand
of Nature
On the opposite banks of the Verde,
deep-dug into the chalk like escarp-
ment of the cliffs, are the long-aban-
doned dwellings of the Aztec civiliza-
tion. The Aztecs. as the the people of
Jerome, were copper miners. and when
they were submerged in Times vortex
of things past there was lost to the
world the art of tempering copper
nor has it availed the cunning Of all
subsequent artificers to steal this
secret from the tomb of a dead race.
Cooper mining at Jerome-as typi-
cal mining camp, by the way, as
Leadville, or Creede, or Tonopah-
centers largely in the famous United
Verde mine. BY the same token, in
vestment in copper shares among the
people of Jerome is confined for the
most part to these of the Verde dis
trict, of which the camp at Jerome
is a part This fact in itself speaks
eloquently in behalf of the Verde dis
trict copper issues. The miners of a
camp are better qualified to pass
judgment upon the ore and the future
of that camp than any other class
of people. The miners of Jerome.
like those of Oatman, are demon
strating their faith in their camp
with their dollars. The analogy may
be carried further for the miners
of Jerome, like those of Oatman, are
to the good financially by reason of
their investment in local mining is
sues.
From a profit-making standpoint
the shares of the Little Daisy Omitted
Verde Extension), Jerome Verde and
Green Monster Mining companies Of
the Verde district rank favorably
with the shares of the Tom Reed,
United Eastern and Big Jim COM
panies of the Oatman district In
vestment in the shares of the trio
first mentioDed> has been as remuner-
ative to the miners of Jerome as has
investment in the shares of the trio
last mentioned to the miners of Oat-
man.
There are a score or more men
in the bucket brigade at Jerome who
brought Little Daisy and Jerome
erde at rock bottom prices who to-
day could realize profit of from
$4,000 to $4,000 on their investment.
There are at least as many more
who horned in on the initial allot-
ment of Green Monster shares at
"six-bits per share. Today, less
than three weeks later, Green Mon
ster shares are in demand at more
than double the price at which they
We're first offered to the public.
Interest in Yavapai county copper
issues is increasing in eastern in
vestment centers. United Verde Ex-
tension shares have advanced in price
on the Boston and New York curbs
from $500 to $25OO within six
months. Jerome Verde shares have
risen in price from % cents to as
high as $500 within three months.
Eastern investors are seeking for
Green Monster shares in Prescott,
Jerome and elsewhere throughout the
Southwest at $3.50 and upward as
against an initial subscription price
of rs cents on April 1st The follow
ing account of the plans of James M.
Layman of Jerome, will serve to fur
ther emphasize the interest of the
eastern public in Yavapai county
copper propositions.
In connection with mining affairs in
the Verde district it is we'll to give
resume of the past and present pro-
duction record of the famous United
Verde mine Formerly worked success
fully as a silver-gold proposition.
prior to its acquisition by former
u. S. Senator W. A. Clark-the Unit
ed Verde mine has since 1899 produc-
ed $16O.OOO,O00 worth of copper ore
and has paid in dividends upward of
S4O,OOO,OOO. The property is opened
to depth of 1000 feet and is being de-
veloped on single monstrous lense
Of sulphide ore. in slate. Diamond
drill borings show pay grade copper
ore to a depth of 1000 feet. The pres
ent output of the mine is 5000 tons
Of ORC nor dow having Uapcra1