Bisbee daily review., 1916-10-11
APPLICATIONS CROWD
 OFFICE OF JEROME
 DAISY co. FOR STOCK
Opening of Books on Friday Morning Is Expected to See Great Over-Subscription of 100000 Shares on Market.

JEROME, Oct. 10.-When the books of the Jerome Daisy Copper Go. open next Friday morning at o'clock for the sale of 100000 shares of treasury stock at 50 cents. applications for ap- proximately twice that number of shares will be on file. In view of the vast number of inquiries received by mail, telegraph and telephone, this is a conservative estimate.
 That the Jerome Daisy Company is exciting public interest in regions far distant from Arizona is shown by the fact that one of the largest single ap- plications for stock came from brok- CT in Little Rock, Ark, who offered to pay outright for 50,000 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 all the way from 100 to 100000 shares. Most of the brokers are doomed to disappointment. Very few allottments are to be made to brokers outside the state and even those in Arizona will be allotted only small blocks. 5
 At least three-fourths of 100000 shares will be sold directly to the pub lie
 Not since the days of the Green Monster Notation, when s500,O00 was returned to disappointed applicants for stock, has any Verde district prop erty so quickly excited public interest, excitement and clamor as has the Je- rome Daisy. The 100000 shares of reorganization stock was oversub- scribed more than 150,000 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 right iD Jerome by people who knew the prop erty and believe that its great iron capping overlies a body of high grade copper ore which will rival that of the United Verde Extension.
 The preorganization stock is held in pool. subject to release by the board of directors. Realizing that the oversubscribed and that the pool will soon be broken, Jerome traders are offering 45 cents a share for preorgan- ization receipts. This is only fiv5 cents below the price that is being asked for the treasury. To speculate upon the price to which the stock will rise as soon as the treasury is issued, is idle Preliminary steps are already being taken to list it on the New York curb.
 Few companies ever organized in Arizona have started unuer better auspices than has the Jerome Daisy. It's president is James F. Movies. ori- ginal locator of the claims which the Jerome Daisy is to develop. Mir. Movies has been in the Verde district seventeen years and has made several fortunes in U. V. Extension and other Owing to his past success his judgement is regarded as excel lent Among his friends he is known as Lucky Jim" and many local in vestors in Jerome Daisy are intluenc- ed almost as much by the traditional Movies Luck" as by the property it. self
 The vice president is Richard King don. assistant superintendent of the United Verde Extension and wealthy because for years he backed his faith m that mine with every cent he could scrape together. J. J. Cain, Mayor of Jerome, is treasurer, and X. J. Kissel- burg. we'll known in Phoenix and Bis bee, is secretary.
 The capitalization of tfe company ig s1,OGO,OOO. with 2,OOO.OO0 shares. Many companies in the Verde district with far less promising prospects are much higher.
 Thirteen claims. a mile from the United Verde, and half a mile farther from the Extension, are included in the Jerome Daisy group. They cover for a distance of 6,OOO feet the famous