Mohave County miner., 1916-11-11
JEROME CONTINUES CENTER IF
 INTERES IN YAVAPAI COUNTP
motions and of proft-taking.

motions and of profit-taking.
 A feature of this demand is the avidity with which the local public is buying the shares, and often to the exclusion of the outside public. It is not uncommon for the people of Pres colt and Jerome to take over in few hours the initial block of stock in a new mining proposition of the Verde district. Another feature worthy of comment in connection with the min ing promotions of the Verde district is that none of them are being put out on a lease and bond issue, and that there has thus far been no attempt at "wildcatting."
 Dividend Adds Impetus
 Impetus has been added to the local market for the Verde Coppers by the regular monthly dividend of 75 cents and the extra dividend of 75 cents per share paid by the United Verde com pany on November 1. The shares of companies holding claims in the vicin- ity of the United Verde and the Unit ed Verde Extension are viewed with particular favor, and the underground developments at such properties are watched with particular interest. The recent discovery of red oxides in the A. 6 A. property, for instance, was followed by a sharp advance in the price of its shares. Another illustra tion in point is the Jerome Victor Ex- tension. The impression prevails at Jerome that the continuation of the rich United Verde ore bodies will soon be tapped by the Jerome Victor Ex- tension people and that concurrently there will be a quick advance in the price of Jerome Victor Extension shares. Condition on the 1200-foot level are very encouraging and indi- cate the early discovery of ore.
 Splits Fifty Fifty
 Interest and investment splits about fifty-fifty as regards the Venture Hill and Verde Apex properties, scene of joint development operations. A few days ago the Venture Hill people en- countered copper sulphide ore in the face of the tunnel being run through the Socrates claim, and concurrently with the announcement the company's shares advanced in price from 25 cents to 95 cents per share. The ore was encountered about 20 feet this side of the sideline of the Black Horse claim of the Verde Apex company, and ap- pears to be an offshoot from the ledge intersection on Berde Apex ground at a point about 40 feet ahead of the present face of the Venture Hill tun- mel. This tunnel is following the course of a well mineralized ledge that outcrops boldly, and has from time to time opened seams of native copper as it was advanced.
 The proximity of the sulphide ore discovery in Venture Hill ground to the point where it will enter Verde Apex ground has added to the popu- larity of the latter's shares in local investment circles. Immediately fol- lowing the strike Verde Apex shares advanced in price from 32 cents to 45 cents per share. There were, how ever, few offerings as the stock is be- ing closely held and the amount out standing is negligible. The two prop critics are located in the heart of the Verde copper district and are viewed with more than ordinary favor by min ing men. The Verde Apex company recently passed into the partial con- trol of a syndicate of Bisbee and Mi ami, Arizona, mining men, among them being Chief Engineer Jourlin of the Inspiration Consolidated company.