Weekly journal-miner., 1916-04-19
(From Sundays Daily.)

] dDpOAiANNu ON NAN OOeAAA O.
 directors to check over the list oi i stock applications and issue the stock
 to the successful applicants of that
 company.
 Eminent mining men from all parts
 of the country are focking to Jerome
 and more interest is being taken in I the copper situation there than ever
 before.
 The ore bodies on the 1.400-foot
 level of the United Verde Extension (Little Daisy) are exceeding all expec-
 tations and conservative estimates or
 the value of the ore bodies in sight
 fully justify the market price of the
 stock today. without taking into con
 sideration prospective or potential
 values of the property.
 The Copper Chief Mining Com pany, which adjoins the Green Mon ster property. has recently run into
 some sulphide ore bodies of consider
 able value. This company IS now ar
 ranging for loading platform along
 side of the tracks of the Santa Fe
 railroad at Clarkdale for ore ship ments.
 "A syndicate of Pittsburg men is arranging to develop a very large area adjoining the Green Monster. and 1 am advised that a number Of the biz operators in the Bisbee district have taken over some other claims in the same neighborhood.
 Two eminent geologists arc now going over the property of the Green Monster Mining Company and mal;- ing a very exhaustive examination O. the entire holdings. As soon as these examinations are completed and the reports prepared, active development work will begin.
 Owing to the fact that the 7O0,C0O shares of treasury stock which was offered to the public at 75 cents per share was so heavily oversubscribed, and the work thrown on the board oi directors in sitting the applications. checking, rechecking and issuing the stock has been very great, the conse- quent delay in issuing the stock has been absolutely unavoidable.
 We have tried to place our stock as largely as possible in the hands of people who have faith in that district and who naturally will hold their stock for the values which will un- accrue to the stock upon the development of our holdings. And i we have tried to avoid letting any stock fall into the hands of persons merely in speculation, for it has been the purpose of the com | pany, as is well understood by every one, to avoid any stock dealing and 70 place the money secured by the sale of stock into the development of our holdings.
 The stock certificates are being | prepared and will be issued at one and . the same time There IS not a single . share of stock in the hands of the public at the present time and the sc called rumors of sales of stock are absolutely false because no stock has been issued and no one has even been assured that they will receive any stock. and TO one will be so assured until the entire issue of stock is mail ed to the successful applicants at onc time.
 As stated above, however, the lists have been checked, and the certii- rates for the whole amount have now been executed, and as soon as they are checked over and revenue stamps lflixed, all the certificates will be sent cut at one and the same time to the In this way each sue -essful applicant will receive his stoc!, It practically the same time as every other.
 'Wc are also having a1 enormous ask in returning drafts to the un- successful applicants. These drafts will go out in the same mail as the certificates.
 "The Green Monster Mining Com ,any has no interest in the stock and no further interest n the price of its stock except to rive 10 its stockholders fair and un- ,artial treatment in every way. We lave sufficient money in the treasury O pay for all of our property and to Icvelop the same. and there IS no in- cntion Of placing any more stock on he market. Our sole and only par [ ,ose now is to develop the property. | sith the money we now have in the | reasury. We nave every faith i1 the a and believe that the de 2 elopment of this property will return T O our stockholders their money many | ines over. c
 'I also wish to say to my friends a hat however tempting it may be for ( hem to part with their holdings at Il he present prices, would strongly il dvise holding the stock until it can 1, 70 definitely determined by develop } lent the actual value of our prop 1, rty. Ii this property when develop t