Arizona republican., 1916-04-23
BIGGEST BODY HIGH GRADE
 COPPER ORE IN THE WORLD

ploying 130 men. This force will be materially increased when the new compressor is in place.
 It is reported on the best of au- thority in Jerome and Clarkdale that the U. V. Extension company has purchased the l.. L. Young ranch. mile north of Clarkdale, as a smelter site There is every reason to be- lieve that the deal is at least pend ing.
 There is no member of the com pany who will deny that shelter is needed to treat the ore of the L. V. Extension Anyone with com mon sense knows that eventually the company must have shelter of it's own close at hand. It's production is bound to increase and to continue to ship indefinitely to Douglas would be rank folly.
 
 ideal smelter site. There is plenty of level ground and plenty of water Moreover, it is right by the railroad l If shelter is built there. thous ands of splendid apple trees vii have to go, but many thousands O dollars will be added to the monthl, payroll of the Jerome district
 Men and teams are now at worl on hill about 200 yards cast of tn Edith shaft, grading for a magnifi president and general manager of tn company is to build there. There not a more beautiful site for resi- dence in all Arizona.
 Green Monster
 After the L. V. Extension was proven mine and no longer a pros lpect the Jerome boom set in. Tn Green Monster Mining company Wa the first to be organized and th phenomenal showing of the Dais was no doubt responsible in larg measure for the unprecedented dt mand for Green Monster shares. IT history of the Green Monster will lafter years be referred to as one the most interesting chapters in Il history of Arizona mining.
 Arizona men control the Gree Monster. Neill E. Bailey is pres dent; Thomas Taylor. vice presiden | William S. Humbert, secretary al managing director. These men, wi w. A. Drake and David Morga
 comprise the board of directors; l.
 roy Anderson is general counsel.
 The company was organized wi l,5O0,ooO shares, having a par val
 of fifty cents. One-third of t :. stock was issued to the owners
 the property acquired by the coI
 pany, and for S35,000 in cash. Tn
 100000 shares were placed on {
 market at 75 cents-more than D The results were astoundil
 Though no advertising had be
 done, orders for shares poured
 from Phoenix, Prescott, Tucson, B bee, Globe and every other corr
 of Arizona. Brokers wired from N
 York offering to take all the tre; =. ury stock.
 CT One brokerage firm ordered 30. n- shares and sent draft for s37,5 CT But the company learned that n- firm was already taking orders V. deliver the stock as high as $1
 That was in direct violation of n- agreement so the draft was return
 It had been announced that IT stock books would close April 1. l6 that date the stock issue had b ed oversubscribed 100000 shares. I 4 c dollars share was offered on
 New York curl shortly after t m but no Lizard" was offered. \ ill Green Monster is supposed to by worth about s4 share but it is '' pected to shoot skyward as soon roe curb trading in the stock begin Ire Included in the Green Mon: res combination are the Cliff, Bro Ter shire and Clark Hopkins grol -. These consist of 31 unpatented ssh 32 patented claims, having an Q
 of some 1900 acres