Arizona weekly journal-miner., 1901-06-19
THE MODERN COPPER MINING
 COMPANY.
A New and Valuable Property
 Being Opened up-
A Description of it's Location, De- velOpment, Values and Those
 Who are Promoting it.

Jim Keene, at present noted stock
 broker of New York, and formerly
 one of the most successful brokers on
 the San Francisco stock exchange,
 having amassed fortune there, was
 once asked by friend for a pointer
 in reference to making money by
 dealing in stocks. Keene's reply was:
 Buy 'em when they're low and sell
 'em when they're high" Fortunes
 have been made in this way by peo-
 pie who never heard of Keene's epi-
 grammatic reply and by persons, too,
 who probably never heard of a stock
 board. Notably among such fortu-
 nate ones were those who invested in
 United Verde stock during the early
 period of its existence. Opportuni-
 ties still exist if proper judgment is
 exercised in the selection of proper ties for investment.
 Prospective investors should con
 sider, first, the possibilities for sue
 cess, by honest management, pre-
 sented by a company; second, the
 capitalization and the relative price
 of its stock compared with it's capital
 ization; third, the management, as to
 their competency and honesty, in ad
 ministering the affairs of the com
 pany. There is no branch of business which does not contain more or less of the clements of chance and business failures are very little. if any less proportiona- tely than are mining failures, while in the latter the chances for big profits where successful is infinitely greater than in any other business, the pub fishing of country newspaper not excepted.
 Where company possesses ac- knowledged mineral land, with possi- Utilities for opening up a successful property, and the proceeds of the sale of stock is honestly applied in the de- velopment of the property, the busi- ness becomes as legitimate as any other, and should commend itself to those who have money for investment.
 From what it knows of some of the men connected with the Modern Min ing company and from information it has concerning the property owned by it, the Journal Miner believes that it fills the above requirements and gives as reasonable show of success as almost any undeveloped property.
 The Modern Copper Mining com pany's property is located about six miles northwest of Bisbee, Arizona, and in direct line with Bisbee and Tombstone, at an elevation of about ' 0O0 faaf oDI o0pSiSfS 0f kb;-&e<1,, claims. The formation is lime and porphyry, with strong croppings of iron, gold, silver, lead and copper in various places over the property. Various assays of the rock taken from this property show values running from S23.60 to S64 per ton Tn gold, silver and copper, besides quite a quantity of lead. Every indication points to large deposit of mineral in this vicinity, and it is believed by those acquainted with the property that at no great depth they will dis cover a deposit second to none in this great mineral belt.
 The surroundings are very favor lble for working this property, as the country is comparatively level and 'ree from Instructions. The water supply, by little development, will De ample for all needs, and fuel can oe obtained at nominal cost. Easy lccess can be had to the towns of 3isbee and Fairbanks, from which points ore can be shipped to any market desired.s
 It is a well known fact that a de- oosite of copper extends through Ari- ,ona and down to Old Mexico, pass ng through this particular section of he country, on which are situated the amous mines of Bisbee, viz: The Copper Queen Consolidated, and the Calumet and Arizona, the latter of which sold S1,OOO,OO0OO worth of tocks in few hours without adver- isement, and at price of SlO00 per hare.
 The Modern Copper Mining com ,any has been organized under the avs of Arizona, with 100000 shares if stock at par value of 100 per hare, which is fully paid and non ssessable. There has been placed on he market for immediate sale 50,- 00 shares, at ten cents per share, and 'ver one-third of which amount has .lready been taken by the business nen of the territory. No more stock vill be sold than Is necessary to de- 'elOp the mine, and as soon as this ssue is all sold the price will be ad anced. The right is reserved to ad ance the price without notice.
 The officers of this company are all yell and favorably known throughout he territory, where they have lived or years and enjoyed the full conf Ience and respect of the public at arge. They are all active, progress i've young business men and know no uch word as failure. All officers are mder sufficient bonds for the faithful 'erformance of their duties.
 The following are the officers of the N. A. Centers, President; '. W. Howard, secretary and treas rer; NJ. R. Harlan, general manager; leo. w. Buck, superintendent; while [. A. Centers, M R. Harlan, H. c. farsha, Geo. W. Buck, F. w. Howard Onstitute the board of directors.