Bisbee daily review., 1903-05-26
SOME HINTS ABOUT
 INVESTMENTS
COMMON SENSE AND HONESTY
 SHOULD BE EXERCISED.
An Honest Company and a Wise in- vestor Will Apply Business Meth ods to Their Property and Divi- dends Will Be the Result.

No mater how good or how bad 9 property may be, dishonest com pany is absolutely no need in either case. A bad property has been made to produce good results by an honest company many time. and a good property has been ruined by bad company equally as many, says the Riverside. Wyoming Recorder. The whole secret in mining is con tained in these few words: ''Is the company honest?" Let them prove to you their character, and I'll guaran- tee your rssults-yes, ninety times out of 8 hundred. In the first place, if the company is honest, they will not accept property unless it has fe- vorable indications and ask the in- vestor for his money; in the second place they will be careful and eco monica In all expenditures for the affairs of the company; fifth, they will rigidly apply business methods to mining, just the same as to any mercantile enterprise, and sixth, they will strictly adhere to the golden rule. A man once said to me during a conversation: T bought some stock in a mine, but I don't know what state it is in"
 This man is certainly a king of finance" and surely deserves to lose his money, but the method of invest ing as adopted by this man is wha: has given mining a black eye time and again. People buy stock with out ever Investigating, and when they would be much wiser if they took their money and cast it into the street, because chances would be in that case that it would help some honest finder instead of some pollut- ed fakir.
 There is another class of investors who are equally as bad as dishonest companies and have caused more mines to be ruined and more losses to stockholders than one can scarcely realize, and these are the ones who invest their dollars on Monday and expect to reap dividends on Tuesday. Whatever an honest company does, steer clear of this kind of investors because their clamor will ring in your ears from time they hold stock. They imagine that all mine has to do is to put in one shot and then com mence picking money of the dump. They can not realize that it takes time to make a mine and metimes it consumes years to reach a diyidend-paying basis. Mines are never located on boulevards mobile and pick up the ore with a pair of tongs; the ore never jumps out of the ground-gTavitation has been provided to hold it in and min eral of all kinds being of a heavier nature, settles closer to the center of gravitation rather than in the tree tops where one could easily place a step ladder and pick nuggets. Let good. sound judgment be applied to mining industries and the day of the fakir is at an end. Let honesty and honest companies enter the field of mining and losses will be unknown among the stockholders, capital will be at call and the worlds wealth will be increased to such an extent that trusts and monopolies will be de- priyed of a field to operate in.
 Nature has given to man an honest deal-let man give to nature Of q similar character and in doing this he not only benefits himself but na- ture and mankind as well.