Weekly journal-miner., 1916-10-04
ORE STRUCK ON TWO OF ITS
 CLAIMS
COPPER SULPHIDE, AVER AGING r PER CENT FOUND ON MISSOURI AND AMAZON CLAIMS.
(From Sundays Daily)

Green Monster Is now the star per former in the Verde mining district
 A few days ago four-foot body of copper sulphide ore was encountered
 in the shaft being sunk on the Mis- souri, and about the same time, a strike was made on the Amazon claim.
 The news of the strike on the Mis- souri claim was carefully guarded and the Jourral-AIincr is the first news paper to give publicity to this import ant information.
 The Missouri discovery is little less than sensational. The ore averages Y per cent copper, and its value is realized when compared with United Verde ore which averages 6 per cent.
 For weeks Green Monster stock has been marking time at from g to $214 a share. Thursday inside buying put it up to $2I5, on Friday it climbed to S23l. and yesterday it made the phc-
 nomcral jump to $354, due to the fact
 that the tip had gained circulation in New York.
 Another factor that has accelerated the upward movement is the rumor that Dave Morgan, superintendent of
 the Verde Extension will shortly take like position with the Green Mon
 stcr, of which he is one of the direct ors. Coupled with this report is wcll-dchned rumor that George King don, general manager of the Greene Cananca Copper Company, will sue cccd Mir. Morgan. Mir Kingdom has been director of L. V. Extension
 from the organization Of the conn pany. He is regarded as ono Of the
 most capable mining men in the en-
 tire West, and is especially skilled in the science of smelling.
 Development work is being done at six different points on the ground of thc company which controls the larg- est ar---c a,ong the strike of the north .au'-. f'., orc-bcaring Assure of the district. Is superficial mincrali- zation is stronger than on any other property in the district. The manage ment Is now sinking a shaft to dc vclop a l2-ioot ledge which was re- gently struck in the Rattlcsnal-c tun-
 rel at a depth of ll2 feet below the surface. Several of the units of the machinery which is 70 be installed at the collar of the shaft, have already arrived and tho remainder are on the way. As soon as the machinery is put into operation, it is understood that the crew of miners will be in creased in order 10 sink the shaft more rapidly, SO as to prove up the potcntialitics of the property al depth. That the company is able to do the extensive exploration which it has planned. is evidenced by the fact that it has $525,0O0 in its treasury.
 lt is predicted that the stock will touch the S mark within a few days, l. as soon as the news of the strike be- comes generally known. Brokers in Kansas City and other points wired here yesterday for information, not understanding the cause of the re markablc rise in the market The stock was placed on the market last April at z cents share. 700,000 shares being sold at that figure within AS hours and the issue was ovcrsub- scribcd S60,GO0 shares.
 The officers are Ncill Bailey, prcsi- dent: Thomas Taylor, vicc-prcsident; W. s. Humbcrt, secretary and man aging director. These officers with David Morgan and w. \. Drake com prise the directorate. LcRoy Andcr. son is general counsel.