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Western Utah Copper Co. - Mining Stock Certificate

Inv# MS1293   Stock
Western Utah Copper Co. - Mining Stock Certificate
State(s): Nevada
Utah
Years: 1918-20
Stock with great mining scene by American Bank Note Co. Gold Hill Mines, Clifton Mining District, Utah. WESTERN UTAH COPPER CO. UTAH Office: 1109 Boston Bldg., Salt Lake City. Mine office: Gold Hill. Tooele county, Utah. Officers: F. G. Rowley, pres.. Pawtucket, R. I.; Duncan MacVichie. v. p.: G. R. Rawsbottom, sec.: C. G. Spittal, treas., also directors. Owen F. Brinton. manager. Inc. 1906, in Nevada. Cap., $2,500,000. $5 par; 499,500 issued. Property: 5 groups of claims and 360 acres ranch land, a total of 716 WESTERN UTAH—WHITE STAR 1379 acres, comprising the Gold Hill, Yellow Hammer, Calaveras, Tuolumne, and Ochre Springs groups; also the Redding Springs ranch, valuable for water. The properties are situated in the Clifton district, Tooele county, reached by the Western Pacific and Deep Creek railroads, about 167 miles S. W. of Salt Lake City. Examined in 1917 by F. R. Weekes. Geology: the claims cover a granite-limestone contact, with replacement deposits in limestone. See 'Economic Geology' for June, 1918. Development: 700' Gold Hill shaft recently sunk from 300' level. Ore on 300' level assays about 5l/2 oz. silver, 13% lead, and 2% copper. On the 700' level the vein is 62' wide. The Calaveras and Yellow Hammer groups commenced shipping about July. 1919. The product from these groups is gold-copper-silver ore, with gold predominating. , Early in 1919, a 50-ton experimental mill, erected at Salt Springs, 27 miles from the mine at Gold Hill, treated copper-tungsten ore from the Yellow Hammer mine until in June, it was moved to the mine in order to treat second class ore. Smelter shipments averaged about 100 tons ore daily during 1919. Shipments of silver-lead ore from glory hole operations, totaled 3.7SO tons, January, 1920. The Deep Creek railroad from Wendover, Utah, to Gold Hill, Utah, was completed March, 1917.
Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $60.00