Weekly journal-miner., 1916-03-29
GREEN MONSTER TO
 BE OFFERED THE PUBLIC
(From Thursdays Daily0 (By William P. De WolD

(From Thursdays Daily)
 (By William P De WolD
 Arrangements have been made for financing the Green Monster Mining Company owner of an extensive and highly mineralized acreage in the Vi cinity of the famous United Verd- mine, and which competent engineers nave pronounced to be the best cop ger prospect in Yavapai county. The details were completed at a meeting of the directorate held Tuesday even ing in the office of the company at Jerome. and are to be followed by the placing of large block of treas ury shares in Prescott, Jerome and other mining centers of tho South west.
 Local investors are to be given the first chance to subscribe to what is unquestionably the most popular and meritorious copper mining enterprise that has been opened for public sub scription in this section since Little Daisy. (United Verde Extension) passed from the prospect to the mine stage of development. That they will avidly take advantage of the op- portunity to invest in Green Monster shares is demonstrated by the numer- ous applications for stock which have been received here and at Jerome. In speaking of the company's plans, Di- rector w. s. Humbert, of Phoenix, said:
 Initial Offering at 75.
 "At the meeting of the board of di- rectors of the Green Monster Mining Company. held at the company's office iri Jerome on Tuesday evening. it was decided to issue 600OO0 shares of treasury stock and offer it for sale locally and elsewhere at 75 cents per share. in minimum blocks of 1000 shares. Subscription books will be opened in all the larger cities of Ari- zona and in Fl Paso. Texas, on April lst. The books will be closed on April 10th. and thereafter no further stock offerings will be made in this section by the company.
 "The shares of the Green Monster Mining Company are, however. to be listed on the New York and Boston curbs in the very near future. where they will. believe, prove to be very popular. Our Eastern brokerage con nections bespeak an active market for the stock and are anxious to take over the entire allotment of 6OO,OCO shares. The directorate, after a thorough canvass of the situation, de cided to give the people of this sec ton who believe in the property and it's future, an opportunity to subscribe for the treasury offering before trans ferring the scene of sale to New York and Boston. We believe, with the mining engineers who have exam ined the property, that the Green Monster has prosperous future, and we are backing that belief with our dollars. We do not guarantee the Green Monster will develop into mine, but we do guarantee the econ homie and efficient expenditure of the company's funds in an effort to de- velop it into a mine"
 Stock Oversubscribed.
 Subscriptions for Green Monster shares in this city will be received by George w. Nilsson. Inquiry at his office in the Prescott National Bank tlock yesterday afternoon, disclosed the fact that numerous applications for stock have been received and that the indications point to a large de- mand from the prominent people oi Prescott. Letters and telegrams have been pouring into the company's of flee from various sections seeking to secure stock in advance of the open ing of the subscription books on April lst.. and if all of these requests are followed by actual subscriptions the stock will be oversubscribed mors than GO per cent. Mir. Nilsson, how ever, is to be supplied with a sufficient number of shares to fully care for the local demand. The demand for the stock at Jerome will be supplied at the office of the Green Monster Com pany in that camp.
 For some weeks past New York and Boston advices have predicted l strong bull movement in copper shares. and more particularly in the shares of what are termed medium and low-priced coppers. This predic- ton has of late been borne out by the . marked advance in the price of Little . Daisy United Verde Extension) 1