Bisbee daily review., 1916-05-21
Every Section of the United States is Interesting Itself in Success of the Mines Ill Big Northern County.
SUMMER APPEARS WITH
 GREAT MINERAL HOPE
Several Properties Have Re- gently Been Financed and Several More Are Now in the Process.
(By William P. De Wolff

|. PRESCOTT. May 20. Yavapai county mining properties are being l financed with local and outside capi- tai in amounts commensurate with the development work planned and are making good under the impetus of increased mining effort. The East Middlewest, Pacific Coast. Great Lakes sections and the South are if nancially interested in the mines and prospects here and are represented on the ground by mining engineers of acknowledged ability and repute These men are favorably impressed with the ore-y yielding possibilities of Yavapai county and hold the convic- tion that the local mining industry offers financial opportunities not a. lone in deposits of gold and silver. but likewise in deposits of tungsten. cop per. lead and zinc. Their opinion ls shared by the people of Yavapai coun ty in general and has the backing Of the local public's money
 Late April and early May. recorded the financing of number of valuable mining properties in which local cap ital is heavily interested. Prominent among them are the Jerome Victor Extension Copper company, headed by Michigan men and owning the Haynes group in the Verde district; the Loma Prieta Mines company. owning valuable copper claims in the Copper Basin district; the Tip Top Consolidated Mining company, owning the famous Tip Top silver-tungsten mine in the Tip Top district: the Tuscumbia Mining & Milling company of Arizona. owning the Tuscumbia bonanza silver mine in the Bradshaw mountains district, and the Boston and Jerome Copper company with valuable holdings in the Verde dis trict
 Jerome Victor Extension
 The initial offering of 200,00O shares of Jerome Victor Extension Copper was placed in New York and Boston and at Middlewest, Great Lakes, Northwest and Southwest points on May 3rd. last. and within a few hours was oversubscribed at S1 per share, par. The stock is very popular in Prescott, Jerome and elsewhere in the
  preciable advance over the subscrip- tion price. The fact is mentioned as being indicative of the confidence the people of this section have in the cop per ore yielding future of the com pany's holdings.
 The men in control of the Jerome Victor Extension Copper Company are prominently identified with the great copper mining and banking interests of Michigan and have at their com mand the services of mining engineers who have made good in the rich cop per fields of the Great Lakes section | It was upon the recommendation of | these engineers that they took over by outright purchase the Haynes | group of eight claims from the mori- | bund Haynes Copper company and | Incorporated the Jerome Victor Exten | sion Copper company The latter is | capitalized for one million non-asses- | sible shares ia par value of one dol | lar each. The stock is to be listed on | the New York and Boston curbs. Not | however for the purpose of securing | funds for development work-that ob- iect having been attained by the ini | tial sale of stock-but in order that 1 those who subscribed to the initial | offering may be afforded an active market for their shares.
 Personal of Company
 The officers and directors of the are James T. Fisher, cashier Of the State Savings Bank of Larium, Mich. president: Brainard Avery, member of the law firm of Avery & Whiting of New York City vicepresi dent; J. B. Patton. cashier of the First National Bank of Larium. Mich. sec retary: J. P. Hermann. president of the State Swings Bank of Calumet. Mich. treasurer The before men toned. together with A H. Floater. A. F. Heidkamp and D. F. Printz, com pose the directorate MT. Floeter is chief mining engineer for the Mo hawk and Wolverine Copper compan ies; Mir. Heodkamp is vice-president 0 the Citizens National Bank of Mich. and Mir Printz is a
 Continued on Page Two.)