Show arizona arizona leads the world in n richness of copper C 0 p p e r deposits we have known for several years of the copper queen united verde calumet and arizona and other great copper mines in arizona that have produced fabulous wealth for their owners in different sections of the country you frequently hear the expression copper millionaires lion aires are plentiful and when you consider the great profits derived from copper mining and the fact that the united states is producing a billion pounds of copper per annum you can then understand why this expression has become so prevalent in the money centers on both sides of the atlantic in michigan where the oldest copper mines in this country are located the great wealth produced is almost inconceivable the calumet and hecla has paid more than in dividends to its stockholders and there are many other copper mines in northern michigan that have paid millions to their fortunate owners and the dividends from this section will probably continue through the next generation in butte mont the greatest copper camp in the world and a camp that has produced from an area of about acres more than in copper and will produce during 1907 about on the red metal presents facts and figures that are simply astounding Is it any wonder that the following statement has become common in financial circles copper millionaires are plentiful plentie ua where has the great portion of the profits from the mines gone during the last fifteen years the multi millionaires and heavy investors who spent their time in considering expert reports made on various industries and investments is the class of individuals who have after careful investigation of the conditions in the great money centers of new york boston london paris and berlin secured the control of the great copper mines copper smelters shelters sm elters and copper refineries by a total investment estimated from authentic sources at more than this should certainly be a suggestion worthy of serious consideration as to the probable future of copper the rapidly increasing consumption of the red metal must be attributed almost entirely to the increased uses of electricity this is certainly the electrical age and may therefore also be termed as the copper age as they must necessarily go hand in hand the recent electrification of railroads has already commenced to open up tip a new field for the consumption of copper and one so large that it is impossible to place any estimate upon the probable consumption of the red metal in this direction the new york central and other eastern roads have already demonstrated to their entire satisfaction what can be done in that direction and many of their engines have already been equipped with electric power during the last year and this particular field is just opening up it has proven to be more economical than coal furnishing great power and eliminating the smoke the copper camps of michigan and montana have reached their maximum producing capacity and during the last few years the increased pre of production of copper in the united states has come from new fields utah and nevada will within a few years be heavy producers of the red metal large bodies of low t grade ore are being opened up in those fields and heavy expenditures are being made in equipping important properties that will within a reasonable period be very heavy producers producer s of copper the area of the copper field in arizona is almost equal to all other copper camps in the united states combined and they lead the world in the richness of copper deposits in addition to this they also carry splendid values in gold and silver associated with the red metal almost the entire increase in the percentage of production of copper in the united states during the last four years has come from the territory of arizona and the gradually increasing production in t that hat territory is certainly a attracting the attention of the heavy copper investors in the financial centers of the world you have heard heard little during the last few years about the mineral wealth of arizona and yet the copper mines of arizona producing during 1906 about or an amount nearly five times as great as the mineral production in the state of nevada during the same year it is estimated by copper experts that within a few years cochise county arizona will produce 50 per cent of the copper produced in the united states quite a number of the oldest and best copper experts from butte montana the greatest camp in the world have gone to arizona and the heavy eastern capitalists who practically aly own the entire butte camp are becoming heavily interested in southern copper properties some of the leading men of utah are also becoming interested in arizona and it is said by some of the most reliable experts from montana and utah that the ground owned by the mascot copper company in Coc cochise lilse county will make one of bf the greatest producing icing copper mines in this country within a reasonable period or as soon as it is developed and properly equipped for for handling a large tonnage of ore on an econom ical basis they are now opening up large veins of sulphide ores averaging from 6 to 25 per cent coper with very high values in gold and silver associated with the copper captain ben tibby of salt lake is the consulting engineer for the company and the property was recently examined by mr lapayette lafayette holbrook of provo each of these gentlemen saying by their private investments and that of their friends that they believe this will make one of oi the greatest copper producing mines in this country I 1 we have made some very thorough investigations regarding this property and believe it worthy of the attention of any one considering the idea of investing in copper stock at this time or in the near future only a limited allotment of stock will be offered to the public by this company as heavy capitalists are connected with it and will retain control this company has an office in the atlas block salt lake where samples of its sulphide ores are on and inspection is invited we shall have more to say about this property in subsequent issues as we believe the merits of the property justify the attention of the public |