» ,THE.OMINECA HERALD, FRIDAY, JULY 9, 1915. — WORLD'S. WEAL’ H: BACKS 5 UP COPPER Long:-Tabood Metal is B is Now Catt ‘Favorite and Large Financiers’ Ate Reaping Miflions : _annals of the extraordinary red metal has been furnished in the development of the new type’ of copper properties called the por- phyries—a story of fortune and conquest, which stands without a peer in the masterpieces of fable and mythology. says the Anacon- da Standard. There was a time _ well within the memory of men still in their prime when Utah Copper was regarded as a serag- gly and worthless hill. Today it is the biggest and richest devel- oped copper mine in the world, with bigger ore deposits than-are}. Co., one of the largest- copper. to be found in any other mines, unless we except Rio Tinto, the Rand or the Mesaba iron ore range. The porphyry family-in this country is composed of at least five groups as follows: ~~ The Bingham, Utah, group;-in- cluding Utah Copper, Boston Con- solidated (now. a part: of Utah Copper) and Ohio Copper; ‘the Ely, Nev., group, including Nev- ada Consolidated, Cumberland- Ely (now a part of Nevada Con- solidated) and Consolidated Cop- permines, which includes Giroux Consolidated and several other properties; Miami & Inspiration Consolidated, the - latter being a ‘merger of Inspiration, Live Oak ‘and New. Keystone; the Kelvin, Ariz., group, including Ray Con- solidated, ‘a merger. of Gila Cop- “'per and Ray Central; Chino or old Santa Rita in the Central dis- _'trict of New Mexico. . ‘Belonging ‘in this family is the great South ‘American giant of ‘the -Guggen- heims, located at Chiquicamata,. ‘Chili, said by’ some