Bisbee daily review., 1917-05-27
CECIL RHOADES TELLS
 OF MINE INVESTMENT
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 the vein being about seven feet The capital of this company was $5,6O0,- 000.00. Many of you bought this stock. You made hundreds per cent. It is now selling at sS0.00 per share. Yet you paid but $500 per share, the richness of this ore continued dur ing the entire 1000 feet of the vein. and it also increased as I told you it would, as depth was attained. and it has already paid nearly, s1O.000,0OO and is good for s1O0,0O0,0O0 more. To get such stock is like finding money, and Africa offers many other oppor- tunities fully as good and better
 see few white heads before me who went to California, in the United States of America. in 1S49. They were known as the fforty-niners.' know people who put their all in those California companies. and who made more than 5000 for every dollar they invested. I knew an old mother from Warwick who invested her all in Cal ifornia in 1850, which was about s95O. In three years it paid her $610,000. Just think. of it!
 In answer to your question, as to what l think of men and women of small means investing in mining stocks or in mines, my answer Is that these are the very people who should invest in good mining stock. above all others. They have too little mon- ey for three, four, five or six per cent to do them much good; while on the other hand. twelve. twenty, thirty. forty. fifty and sixty per cent on their small investments would bring com fort and plenty to them. There are plenty of good mining companies which pay from twelve to fifty per cent on the early investments in the stock, and pay these large profitsI steadily; and often there are excep- tional opportunities in the growth of many of these companies, where thou sands of per cent is made on the in vestment almost immediately. For man or woman who has only $500, three to six per cent is not much, be- ing only from s15 to S30 in interest per year. while forty per cent on $500 would be s200 income per year. which would be an income that would really be substantial for anyone on such an investment. A man with S5000 if he | tc Ar year. which is not much on s5000. but this same s50OO invested wisely | in a good mining company, located in a good mining country, is practi- tally certain to pay the investor from five to fifteen per cent every three months, which would be from $200 | to $500 every three months, or S2,- 400 per year income; but people who need most of all to invest their mon- ey in good mining, stock are those who can invest only from s25 to s1O0 the small investor; because, if they are held. can soon be resold for hun dreds of per cent profit, and in this way often the poorest manor woman can quickly climb the ladder of wealth."
 Thomas Lawson. of Boston, says: ''The soundest. safest, surest prin- ciple of speculation is to buy 100 shares of something selling at from s1 Q s2 share to make 100 points pro fit, instead of buying 100 shares of anything at s100 share, to make two points profit. Your liability on S1O0 per share is s100O0; at s1.O0 to s2.00 is only 100 to 200. The great est fortunes in the world have all been laid on this foundation.
 My own fortune in financial sue cess was laid in buying Butte and Boston at $2 share. Standard Oil, Rogers and Rockefeller who were my partners in the deal. and every broker in Boston and New York will vouch for the fact. They will vouch, 'oo, for the fact that advertised that all who bought at s2 per share would be able to sell at S100 per share, and also for the fact that inside of two years from the time I advertised they could have sold at S130 per share.
 Jay Gould said: When you in vest in mining stocks, don't look for the company with all risk eliminated, for you will never find it, but look for a good company, having a good proposition, officered and prompted by good. reliable men. then invest; and do it quickly. Don't wait to see if it proves out, for there's where you lose out. You must make money in mining by good judgment and fore sight"