Mohave County miner., 1916-10-14
JEROME DAISY ID
 OPEN ITS STOCK
 BOOKS ON FRIDAY
Especial to the Daily SIinerI

company open next Friday morning for the sale of 100000 shares of treas ury stock at 50 cents, applications for approximately twice that number of shares will be on file, it is stated by officials. In view of the vast number of inquiries received by mail, tele- graph and telephone this is a conscr- vative estimate, it is claimed.
 That the Jerome Daisy is exciting public interest In regTons far distant from Arizona is shown Oy the fact that one of the largest single applica- tions for stock came from broker in Little Rock, Ark, who offered to pay outright for 5O,OOO shares. The chances are that he cannot be allotted more than a fifth of that amount.
 Brokers and individual investors throughout the country have applied for blocks of Jerome Daisy treasury stock ranging as high as 100000 shares, it is said. Most of the brokers are doomed to disappointment, as very few allotments are to be made to brok- CTS outside the state, and even those in Arizona will be allotted only small blocks. At least three-fourths of the 100000 shares will be sold directly to the public.
 Not since the days of the Green Monster Notation, when S5O0,000 was returned to disappointed applicants for stock, has any Verde district stock so quickly excited public interest as has the Jerome Daisy. The 100000 shares of pre-organization stock was over subscribed more than 15O,0O0 shares. That issue was exhausted nine days from the time the first announcement of the Jerome Daisy was made. Ac- cording to Secretary A. J. Kisselburg, more than three-fourths of the pre- organization stock was taken by Je- rome people, who know the property and believe that it's great iron capping overlies a body of high grade copper ore.
 The pre-organization stock is held in pool, subject to release by the board of directors. Realizing that the treas ury stock is going to be greatly over subscribed and that the pool will soon be broken, Jerome traders are offer ing 45 cents a share for pre-organiza- ticn receipts. This is only cents be- low the price that is being asked for the treasury. Preliminary steps are already being taken to list the stocks on the New York curb.
 Few companies organized in Ari- zona have started under better aus pices than has the Jerome Daisy. Its president is James F. Movies, original locator of the claims which the Jerome Daisy is to develop. Mir. Movies has been in the Verde district IT years and has made several fortunes in United Verde Extension and other companies. Owing to his success, his judgment is regarded as excellent. Among his friends he is known as Lucky Jim," and many local investors in Jerome Daisy are influenced almost as much by the traditional "Mowles luck" as by the property itself.
 The vice president is Richard King don, assistant superintendent of the United Verde Extension. J. J. Cain, mayor of Jerome, is treasurer, and A. J. Kisselburg, well known in Phoenix and Bisbee, is secretary. The capital izatiOn of the company is S1,OOO,OOO, with 2,0OO,OOO shares. Many com panies in the Verde district with far less promising prospects are capital ized much higher.
 LAAAA bCCAA NAcAAAAAo5 O lllllc lIOIn the United Verde and half mile farther rom the Extension, are included in the Jerome Daisy group. They cover, for a distance of 5000 feet, the famous Verde fault, on which are the ore bodies of the United Verde and United Verde Extension are located. Surface indications are much the same as on the United Verde, but more erosion has taken place there than anywhere else in the district, so if there is ore under the iron capping which carries more than one per cent copper, from trace to S26 a ton in gold, and a lit tie silver, it should lie at comparative ly shallow depth. At 600 feet the ex- tension cut the identical iron capping that the Daisy has on the sdrface and one of the biggest body of high grade copper ore in the world was struck e00 faaf dpaDar