Weekly journal-miner., 1916-05-24
(From Saturdays Daily)


 time The Call and the Bulletin in recent issues contain articles descript i've of Yavapai's mineral resources. particularly the Jerome district, the information being furnished by J. w. Mines, manager of the Journal Miner, who is at present in the coast
 metropolis on a business trip. The articles referred to, follow:
 How copper mining operators have come into their own after ten years wait, and how one Arizona city has turned from sleepy camp to a bustling center of activity is de-
 scribed by J. w. Mines, former San
 Francisco newspaper man, who is here on visit from Prescott, where he is publisher of the Journal-Miner.
 "The higher price of copper has
 not only created new wealth in the
 district" said Mines today, it has
 furnished the inspiration of tremend'
 ous extent. The foremost operators
 of the country are on the ground,
 capital is to be had for the asking.
 and the district will add millions of
 pounds yearly to the future copper
 output of the United States.
 Jerome has had an increase in
 population that is at times embarrass-
 ing, owing to limited hotel accommo-
 dations. Business is fourishing to an
 unprecedented extent, and scores O!
 fortunes have been made by the older
 residents who kept their faith in the
 district throughout the period of low
 priced copper. Literally, millions of
 dollars have been distributed by the
 deposits, proven and probable, tha- lie in this district, and the possibilities
 of the future may be conjectured by the fact that there IS in sight, on one
 level of the United Verde Extension,
 S3OOOO,OOO in ore.
 "A vast region, similar in forma-
 ton, is now the center of attention. Charles w. Clark, general manager O: the United Verde. which is paying 75c
 per share monthly in dividends, is credited with having acquired control
 of the Hull Copper Company, whose
 holdings adjoin the United Verde on the south. The Shattuck interests
 have taken over the Calumet Jerome and preparing to develop, and an other company, the Dundee, has ac- uuired the ground between the United 1 Verde Extension and the Jeromc l Verde.
 ITO the southeast of the big pro ducers is tine Copper Chief, owned by three sisters who reside in Boston
 and who have refused offers oi S1.OOO,O00 for their property. which
 was inactive for eight years. but IS now being worked. The discovery oi 1 copper sulphide ore few days ago | created considerable excitement. The . property is being developed through tunnel.
 Adjoining the Copper Chief are the
 holdings of the Green Monster. whic. is of particular interest to the Pacific
 coast because control is vested here The company has 61 claims, and 2 block of 100000 shares of treasury stock was offered few weeks ago in San Francisco at $ cents per share : Tn two days the oversubscriptiou amounted to S5O,OOO shares. and the directors were obliged to issue an additional 100000 shares and pro rate the stock according to the limitations 'In this country there is opportun' , ity for San Francisco business men There is a surplus of wealth, but the owners are too busy with copper to do anything but wire for their neces sities and their luxuries. Purchase of supplies and materials in the San Francisco market has been of consid'
 erable magnitude during the last few months and the prospects are for d steady growth in business. Mining , men throughout Arizona prefer to do business in San Francisco whenever possible. San Francisco Call.
 "As a direct result of the interest which California investors arc mani festing in copper properties of the Pa .cifc coast. there has been listed and was called on the San Francisco
 Stock Exchange today the snares ot , the Boston & Jerome Copper Com rany. controlling 200 acres south e :: the United Verde property, located in the Verde district. Yavapai county, Arizona. It is the belief of mining men that the prospects for develop ing large copper holdings all over the Pacific coast will eventually result i;; an active San Francisco market, for , the reason that supplies and machin- , cry are bought here in large quant'- ties. and furthermore, because many California spectators have interested themselves since proiting on the re- cent rapid advance in the price of the refined metal.
 Until couple of years ago the
 Verde District. which is tributary to
 Jerome. was dependent upon the de
 velopment in the United Verde, own ed by Senator Clark of Montana. : Since that time the United Verde tN- tension has attained a point where