Weekly journal-miner., 1920-02-11
N.C.-4 GETS NEW
 SUPPORT IN THE EAST

It is stated that the NC4 Silver Mining company has practically com pleted arrangements for the hnanc- ing of development and operation of their property This has been ac- complished through the influence of gentleman from the east who has recently located here, and will devote his time and attention to the mining industry. having completed the fin ancing of a promising silver mining property, now operating in Copper
 Basin district.
 The stockholders of the NC4 are being congratulated that the manage ment of the company has succeeded in interesting this gentlemen in the company, who has interested his clients and business associates in the east to the extent that the full and complete 6r'aaseeiHfHa9gyoif E of- the company is = U e-4 +5aal their arrival, which will be within the next week or ten days.
 If present plans are completed as expected, it IS understood no more
 stock will then be offered for sale in Prescott.
 Local investors consider them selves fortunate in being privileged to get in practically at the inception of company having under control such a property as the NC4. which was originally located and known as the Zero" mine.
 This property was discovered by J. (. Bradbury and A. C. Gilmore and operated under a lease by F. X. O'Brien, when silver was only G. cents an ounce. MT. O'Brien made good with the property until the price of silver went so low that all silver mines in the country were shut down. Many noted mining engineers have examined and reported favor ably on this property, not one has ever condemned it, and this is true also of many well known successful mining men. The shipping record of the property speaks stronger for the mine than all other things combined, except the geological and mineral ogical conditions of the ground. It IS stated by an official of the com Oany that the ground has only been scratched, and. that with proper de velopment and operation the NC4, with the money furnished by the eastern parties now on the way here. i Prescott may expect this company to become one of the principal busi-
 ess feeders of the city and commun- ity. ]
 The most important natural re source of Yavapai county is mining, { md every business man and every -esident of the county should be glad 70 see capital take hold and put this great industry where it belongs. IlI would mean more money for good roads, more money for good streets, nore money for better schools and :olleges; in fact do what it should 10, make Prescott the Denver of the southwest. This city, instead of ,oasting only of $500 Inhabitants. should have at least 5O,OO0 people md will have if once the great min ral wealth of this county can be de -elOped. This IS a correct statement nothing but .thsu uSilver mines of Iavapai county cs e-N developed, nd local capitalists eginning to ealize this and join in iba financing If silver properties.
 Experts have repeatedly stated, ( trough publications for which they ' rrite, that silver will go to aS2 per unce, and with the conditions eSist- lg in the Old World as result of he recent great war, together With he fact that this nation must be de- , ended upon for most of the pre- . ious metals, and especially silver. it eems as though the writers in ques- f on know whereof they write, and C le eastern parties mentioned above r re showing their keen judgment in r citing into this important business this time.