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Collection of 6 Mining Stock Certificates and 2 Mining Prints - Dated from 1850's-1970's - Collection of Mining Stocks and Prints

Inv# MS2144   Stock
State(s): California
Maine
Montana
New York
Years: 1850's-1970's
Color: Multicolored

Collection of 6 Mining Stocks and 2 Mining Prints. Relating to the United States Mining Co., the NEW YORK BINGHAM MINING CO., UTAH acquired the assets of the New Utah Bingham Mining Co. The company is headquartered in New York City, with the office of the treasurer located at Suite 711, No. 53 Park Row. The mine office is situated in Bingham Canyon, Utah.

Key Officers:

  • T. B. Beacher, President
  • H. A. Bellows, Treasurer
  • R. L. Reisch, Secretary
  • P. T. Bellows
  • I. W. Thompson
  • E. S. Hums
  • H. F. Hoevel, Directors

Incorporated on November 19, 1918, with a capital of $200,000 and a par value of $0.20 per share. As of March 1920, there were 73,648 shares outstanding. Bonds from the previous company amounting to $14,000 were still outstanding at the time of the property acquisition. Stock was exchanged on a share-for-share basis. The annual meeting is held on November 17.

Property Details:

  • 20 claims, 19 of which are patented
  • 130 acres adjoining the Telegraph property of the United States Mining Co. in Bingham Canyon, Utah

The claims span approximately 3,000 feet along the footwall of the Jordan limestone ore-bearing zone in Bingham. The district's major orebodies are found in fissures within the limestone or along limestone contacts, with the Jordan belt being the most productive of the three known belts. Sixteen fissure veins have been explored. Prior to the company’s acquisition, several promising veins carrying ore in the porphyry, though too narrow to be of significant value, were discovered. These veins are expected to intersect with the limestone and potentially host large orebodies at the contact. The primary ore is silver-lead.

Development: Approximately 15,000 feet of development work has been completed, primarily through three tunnels. In the Turngren tunnel, which extends over 1,300 feet, eight veins ranging from 1 to 4 feet in thickness have been encountered. Seven of these veins contain ore, with two having been worked.

Bingham Canyon was a city located in southwestern Salt Lake County, Utah, in a narrow canyon on the eastern slope of the Oquirrh Mountains. The city experienced a boom in the early 20th century due to rich copper deposits discovered in the canyon. At its peak, Bingham Canyon had a population of around 15,000 residents.
However, the success of the local mining operations ultimately led to the city's decline. By the mid-20th century, the expansive open-pit Bingham Canyon Mine began to encroach on the community's land, forcing residents to relocate. By the 1970s, the mine had nearly swallowed the entire town, leading the remaining residents to vote for disincorporation and abandonment. Today, no trace of Bingham Canyon remains.

Parrot Silver & Copper Co. - Montana
Office: Washington & Church Streets, Boston, Massachusetts

Mine Office: Butte, Silver Bow County, Montana

Employees: Approximately 400

Key Personnel:

  • Charles H. Dickey, President
  • Charles D. Bunage, Secretary
  • John D. Ryan, Managing Director
  • Harry A. Galway, Superintendent

Overview: Founded in 1880 under Montana laws, Parrot Silver & Copper Co. has a capitalization of $2,300,000, with shares valued at $10 par, and $2,298,500 issued. The company paid quarterly dividends of 50 cents per share on September 12 and December 12, 1904. The preceding dividend was also 50 cents, paid in January 1902. The first annual meeting in four years was held in June 1904, after legal injunctions had previously restricted meetings. The company is controlled by Amalgamated Copper Co. through stock ownership and, like other Amalgamated subsidiaries, is involved in complex and costly litigation with the Heinze interests over ore body ownership.

Property: The company holds 19 claims, mainly fractional, covering approximately 25 acres, well situated in the central part of the Butte district. The Parrot Mine, which began operations in 1884, is one of the area's pioneer mines. A barren zone is encountered at around 1,000 feet depth, but promising ore bodies are found below this level.

Anglo-Californian Gold Mining Co. Certificate (1852-1853). This certificate, issued between 1852 and 1853, is not canceled and is in Choice Uncirculated condition with typical minor spindle holes. It measures approximately 7.5" x 8". According to Filer (Holabird), this represents the largest known foreign issuance related to a California Gold Rush venture. The company sold thousands of shares during its operation.

Originally established as the Anglo California Gold Mining & Dredging Co. in 1849 and owned by Luke Williams, it was part of his final "gold bubble company promotions." Williams dispatched Henry Vere Huntley to the Calaveras River in 1849. Huntley’s efforts were unsuccessful, leading him to hire miners from the Quartz Rock Mariposa Gold Co. and strike a deal with them. During Huntley’s time in America, the company's name changed, creating suspicion among the directors. Consequently, they ousted Williams in April 1851. The new management opted to crush and process ore from other sources, sending two steam engines and crushing mills on the Augusta that year. [References: Filer and "Money Pits: British Mining Companies in the Californian and Australian Gold Rushes of the 1850s," pp. 76-77, Woodward] (Prag Collection).

This company was among those formed by John C. Fremont to develop the Mariposa Estate, acquired from Mexico in 1847. Investment capital primarily came from European (English) investors. The California Gold Rush began on January 24, 1848, when James W. Marshall discovered gold at Sutter’s Mill in Coloma, California. The news prompted around 300,000 people to rush to California, with approximately 150,000 arriving by sea and the remainder traveling 1,500 miles overland.

Phelps Dodge Corporation was an American mining company established in 1834 by Anson Greene Phelps and his sons-in-law, William Earle Dodge, Sr. and Daniel James. Initially founded as an import-export firm, it operated under the name Phelps, James & Co. in Liverpool, England. The firm began by exporting cotton from the Deep South of the United States to England and importing essential metals needed for U.S. industrialization.

As the western frontier expanded, Phelps Dodge shifted focus to mining. The company acquired several mining operations, including the Copper Queen Mine in Arizona and the Dawson coal mines in New Mexico. It also expanded into railroads to transport its products. By the late 19th century, Phelps Dodge had become known primarily as a mining company. Anson G. Phelps initiated a partnership in New York City in 1821 with Elisha Peck, a merchant formerly based in Berlin, Connecticut. Peck managed the British side of the business in Liverpool, handling the export of U.S. cotton and the import of metals like tin, iron, and copper crucial for American industrial growth. In 1834, Peck left the business, and Daniel James took over in Liverpool, remaining there until his death in 1876. This period marked the beginning of Phelps Dodge and Company.

Homestake Mining Company was a major gold mining enterprise in the United States and owned the Homestake Mine in Lead, South Dakota. Established in 1877, it became a prominent player in the gold industry until it was acquired by Barrick Gold in December 2001. Notably, Homestake Mining Company held the record for the longest-listed stock in the history of the New York Stock Exchange. The company was founded by George Hearst (father of William Randolph Hearst), Lloyd Tevis, and James Ben Ali Haggin, who purchased the 10-acre Homestake Mine from its discoverer, Moses Manuel, for $70,000. Homestake Mining Company was officially incorporated on November 5, 1877. On January 25, 1879, it became a publicly traded company with an initial public offering on the New York Stock Exchange, marking the first mining stock ever listed.

The Anaconda Copper Mining Company, a major American mining firm, was part of the Amalgamated Copper Company from 1899 to 1915. It was one of the largest trusts of the early 20th century and maintained its position as one of the world's largest mining companies for much of the century. Founded in 1881 by Marcus Daly, who acquired a silver mine and discovered significant copper deposits, the company rapidly expanded. Daly established a smelter in Anaconda to process copper from Butte, Montana. In 1899, Daly sold his assets to H.H. Rogers and William Rockefeller.

By 1910, Amalgamated had grown its operations by acquiring assets from two other Montana copper companies. In 1922, Anaconda expanded further by acquiring mining operations in Mexico and Chile, with the latter becoming the largest mine globally and contributing two-thirds of the company’s profits. In 1955, the company diversified into aluminum reduction and transitioned from underground to open-pit mining during the 1950s.

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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: $240.00