The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-08-13
PRENTICE AND HIGH FIVE.
=, ooo SHtREs S0LD TO TRIsIi""
'''"'' EASTERN INVESTORS
and Denver shy the Concern
i'% ~ n su,ndIe mud that the Company
".",cnd. 10 he Working AN Idle
,,..,,icc'. Career in Denver.


,,,.,-rrcnticc's Career In benVer'
,,,,,grD which styles Itself the prentice
,......,.,,,. Company has Offices In the Edi-
49,, ,.r,tIns at ~ wall Street. Besides the
$500, ,rr company the following names
n, tho door leading to the outer
II +, Prentice, j. A. Thompson, b. u.
- rho business OF the company Is
trailing In mining stocks According 10
=, ,,,arnupt Of MIR Curran, the three
,., whose names are given ABOVE
,,,,.flutr tho company. According to
,r,. como authority, these men came from
C,Inr, !, las, january and have been doing
,,.,r... IN Now York ever since. Mr.
c,rr,, SAYS that he himself Is native OF
p,,,,,y, mad went to Colorado several
... Gro after having been graduated
,-,,, ,t, pruoklyn Polytechnic. Mr. Curran
.,.. that Mr. Prentice Is we'll known
,u.lrc,s man Of Denver, and that Mr..
Thon,,.ur IS probably the best promoter OF
n.uI.s enterprises who ever did business
t. mr. our ~ Colorado. Mr.. Thompson,
according TO Mr.. Curran. is Familiarity
.,our q, Honest John" Thompson. The
rOvtla'N gives It's 49, ''l'''i'N' 'HN = 100
National Bank IT Denver and the Phoenix
National Bank Of New York.
From all that can be learned. the Prentice
Investment Company deals exclusively in
Colorado mining properties. Its particular
business being to sell stock In mines in
~. cr,rplo Creek and Leadville districts.
,,,. ~ the stocks which the company is
d.,lr,s in Is that OF The High Five Gold
Mining Company" \ reporter Of THE Sun
,r,l 10 find ou' the other day something
pnort The High Five Gold Mining Com
many" from MIR Curran. who was the only
member OF tho Prentice Investment Com
rllv he vas able to see. Mr.. Curran was
urah,o TO tell very much about the COM
rlly. and regretted very much that Mr..
Thor,uson was not there to give the in
formation desired. Mr.. Thompson accord
ing to Mr. Curran, had been obliged to go
10 colorado only few days before In the
interest Of the mining company, and would
no, be back for two weeks. II the reporter
would call in two weeks. Mr.. Curran was
sure Mr.. Thompson could give all the in
formation desired. No one knew more
about Colorado mines than he.
Mr. Curran knew something. OF course
about the company. He knew that H. l..
Prentice was its President and ]. A.
Thompson was us Secretary and Treasurer.
He knew that the company's properties
were on Breeze I'M. just outside OF Lead
Vile and that one or all OF them had been
discovered about fifteen years ago. He
knew that since the properties were dis
covered about $50 900 In ore-silver, lead,
and !ron-had been taken from them. He
believed that the properties would make
everybody connected with them rich, and
b. knew that the principal stockholders in
the East lived in New York. Philadelphia,
and Saratoga Springs, The largest holders
OF the stock lived in Colorado, but he did
not know who they were. Not share of
individual stock could be bought ut any
price, and the only stock for sale was the
treasury stock held by the company to
exchange for money at such time as the
company saw fit, the money to be used in
developing the properties and for the pur-
chase OF machinery with which to operate
those properties. About $50 900 shares OF
this stock had been disposed OF by the
Prentice Investment Company to Eastern
Investors capitalists from New, York. Phi
hdelpha, and Saratoga, since January / of
This year. For further information in re-
gard to the mining company and Its prop
critics the reporter was referred to The
high Five Gold Mining Company's pros
pectus, copy of which was given to him.
Tn" prospectus proved to be interesting.
1t begins with this statement, at the tor
Of the first page:
told is the wealth Of the world, and
MOI subject to fluctuations. 1t is the yard.
SUCK We measure all metals and commodi.
ties by"
AFTER statement about the wonderful
wealth. OF gold in Colorado discovered since
'n' mining OF silver ceased to be profit BILE
N" prospectus says:
therefore,, while the people OF the state
are Without selfshuess, and on the prin.
e'I'e OF the greatest good to the great
e"t number just as devoted to the cause O
s'N'r as ever, they no longer lament It's
'''h"h''zaton as heretofore, and hail will
u'"Eh' the Present era OF prosperity"
Then follow examples of the rich gold
n'NeS discovered in Colorado The frs
Example mentioned is The Little Johnny
h''""' rms Is mentioned as "only one o
'"' many hundred producing enormously
u"' OF which there are no statistics. a,
must companies ar" owned by private lndi
''"a's Bat nevertheless millions are be
LIZ PAM annually in dividends from thi
""N''rtuI camp" Then follows. as tn
second example, The High Five Gold
Nh"Hf Company" In reference to this tn
prospectus says that, with the same amoun
o. work as has been expended on 9TH
L.N'r Johauy' 1T makes far bette
s"'"'hE than any Of them" and adds:
~"''hnS now again, 1t should excee
year i's former output of $50 900 an
o'''a'" regularly aud permanently MONTH
Dividends"
'"'" ''''o"s report OF "P. A. Phlllip,
o. +" Who IS considered one OF the best
INFORMED experts in regard to Leadyill
ana vicinity a. TO formation and charac
GERS "' ores, and who is a most conserya
1--WE 'AEln'er in all estimates and idcas
A'. ihli,.rss report is on the "0pl
>"'"'o IoI" mining claim. He states tina
ms claim Is on Rock Hil, within one mil
'"' ''y "f L"alyllle. known as Unite