Arizona republican., 1916-11-23
SIGNS OF COPPER RULING HIGH
 IN 1917 Signs Ths. the Demand Will Continue Larger, Prices Keeping Up to
 Hioh eveI

More than anything else the awakening of interest in the copper shares has been impelled by revis ion of calculations, both regarding the recent advance in the metal to 27 cents Q pound for all deliveries up to ! the end of this year. and sales in large volume Of 1917 metal at 6is cents pound
 Analysing these factors. the copper share market has before 1t the pros pect of many of the copper companies duplicating in 1917 the astounding profits which are now assured for the curren; twelve months.
 Up to a few weeks ago. the tCn1- encv was for copper shares to be val ued on the basis of what they might earn in the twelve months ending with December next This valuation was predicated or the belief that the early part of 1917 would see production exceeding consumption and copper metal selling below 25 cents a pouni.
 Now the standard has been changed. following the realization that domestic demand alone is fast removing from the market all copper for delivery this year and the announcement that ! nool of foreign ammunition manufac- turers is inquirng for a record break ing tonnage of metal to be delivered over the greater part of 1917. There are other obvious factors which tend to indicate high prices for copper all the way. up to the end Of 1917. but huge domestic and for eisn demand for the metal above 25 cents round take precedence in calculating what copper companies will earn next year.
 ARIZONA MINE INVESTMENTS. As mining is the principal industry of the state it should be considered and studied by every business man and business organization. Most every one knows there is such an industry as mining. Farther than that few haze investigated
 There are in the state 25 listed mines that so far~have paid slSs.7s9. 127 in dividends.
 Eleven mines in the state paid dur ing inc first six months of this year 12.3e3 532 and what should vitallv in- tcrest the peGplc nf this state is how much Of these enormous profits gre staying in the state. There is but one way to keep the nrofits Of any in dustry in the state and ttat is 10 have tho~e industries owned by citi- zens of the state.
 Mines will he producing millions in gold. silver and corper in that future day when national banks arc un- known.
 "A mine contains crop al-ead raised. harvested and on deposit for you to check against at your pleas ure
 .The wealth gathered from the mines immorialized King Solomon.
 'Mining made Great Britain the worlds commercial dictator
 Mining has made the United States the richest country in the world.
 show me a country without mines. and I will show you people sunk in degradation. and poverty makes ! towards of nations as well as indi- vidd1ls.
 Mining has transformed more poor men into millionaires and raised them to positions of honor and trust. than any other business.
 Mining has scored less than 8 per cent of failures. against 95 per cent of Failures shown in the general mer- chandising business of the United . States
 "Without the products of the mines you would have neither a irving pan. 2 spoon. hatpin nor monetary circulating medium"
 SHAREHOLDERS REAP RICH RE-
 WARD FROM MINE lN-
 EASEMENTS.
 Many who have made successful in vestments in other than mining secur ities express wonder at the readiness of the general public in placing their savings in mining shares.
 The mining and metallurgical indus tries were found ready to meet the requirements for metals by | ha ,,,o,,ipO nafinna beinv in hot ar