| Show MIAMI COPPER CO COA A Unique and Attractive Copper Mining Proposition Seldom is the public Invited to participate in a copper flotation in which so many prominent copper mining men are officially officially identified aa as a Is la the case with th Miami Copper company campan Among those prominently connected with the company are Adolph Lewisohn president of tho the United Metals Selling company J 3 Parke Channing president of ot the Tennessee Copper company William H Nichols president of the General Chemical com corn company company pany party Jacob Langeloth L president of the American Metal company Walter T Ro Rosen Rosen Rosen sen of Ladenburg Thalman Co and Julius H II treasurer of the Ten Tennessee Tennessee Tennessee Copper company compan These men who stand at the head of the copper mining industry of the United States have taken the unusual and com corn commendable commendable method of Inviting the most careful Investigation of ot their new prop property property erty which has an authorized capital of shares par value 5 3 It is proposed at the present time to offer to the public treasury shares at 3 5 per share The property of the Miami Copper com corn company company pany consists of acres acrea located six miles west of the city of or Globe Ariz Aris De Be Development Development which is still being carried on shows to date tons of concen coneen concentrating concentrating ore containing 3 per cent copper It is proposed to erect the first unit of ofa ofa ofa a reduction works work which unit mi have a adaily dally daily capacity of 1000 tons This will give an annual production of oo pounds of oC copper and a yield from Crom the 3 per cent centore centore centore ore of ot 2 per cent or forty Cort pounds of cop copper copper copper per to the ton tonIt tonIt tonIt It Is estimated that the cost ost of copper sold in New York will be 9 cents per pound On this basis the th profits at 12 cents per pound for copper will be per annum and at 15 5 cents per annum As developments advance a sec see second second ond unit of 1000 tons daily dally capacity will willbe willbe willbe be built The two characteristics of this flo flora flota flotation a atlon tion and they the should appeal strongly to prospective Investors are the high stand standIng standIng Ing log of the gentlemen connected with the property and the fact that the fullest in investigation Investigation is invited as to the original cost and all profits connected with the flotation of ot the company Consulting Engineer J Parke Channing says The Miami ore are running 3 per cent in copper as it does will without doubt prove a large producer and ty tyer er erThe The above issue of stock has been fully full underwritten |
