International., 1925-08-24
CLEARING The DECKS FOR ACTION
GREAT STOCK SELLING CAMPAIGN TO RE
LAUNCHED SHORTLY BY kINo copprp ~

the stock situation will appear at
the end of this article, to wit: the
number OF shares which the Ari-
zona Corporation Commission per
mlts to be issued for properties
and services, and ordered es-
crowed Immediately; total num-
Der of shares sold fot cash; and to-
tai number of shares unissued and
IN the Treasury over and above
the 100000 shares to be issued
presently and offered for sale.
The above mentioned Permit is
sued to "The Kino Copper Com
pany' is now on the press; and as
soon as it is proofread verbatim
copies will be released with the
Prospectus, which is next in or
der and will be ready directly.
In making application to the
Arizona Corporation fo the Per-
nit, the sponsors for "The Kino
Company, represented by Presi-
dent Bird, recited full and COM
plete details, clearly and frankly,
of each and every phase of their
proposition. No attempt whatso-
ever was made to insert any
"jokers," nor any attempt at
secrecy. The matter was ap-
proved as fast as the State Ex-
perts read the voluminous appli-
cation, paragraph by paragraph
After the first few paragraphs it
became a matter Of simple cleri-
cal detail,
The sponsors feel elated at the
all-round results of their labors-
and especially SO Of their success
in practically making the enter
prise pay its own way during the
critical time Of the perils of par
turition, In carrying out the
foregoing strenuous itinerary so
far the Company has spent the
Ientire receipts derived from sales
of Treasury Stock. Other than
$244 current accounts, which sum
is covered by stock subscription
pledges, the Company has no
debt.
Competent experts accentuate
the belief of the sponsors that
proper development will bring in
one or more big copper mines at
the very door of Nogales, Ari-
zona, and, moreover, on the
United States side of the Inter-
national Boundary. 1t seems to
be the concensus cf opinion that
development in such promising
surface indications of copper bios
som, or gossan, should indicate
that they have another big Ari-
zona Copper mine in the making,
"cribbed, cabined and confined"
The following excerpt is well
worth reproduction here:
1.-The idea seems to be pre-
valent that the proceeds from
mining are chiefly profits.As
a matter Of fact, almost half
the income Of the industry
goes for wages for workmen.
In Arizona, last year, where
$1O0,O00,00O in gold silver,
copper, zinc and lead was
mined, As per cent was paid
out for labor and 45 percent
more for supplies, freight
and taxes. That is why min
ing should have all possible
encouragement because it is
one of the big producing,
employing and taxpaying in
dustrles.-Prescott Courier.
/ Old-timers in Nogales, and for
that matter later residents of the
border city need no eloquent arg
ument to make them sit up and
take notice of the advantages to
an American community Of hay
ing close at hand a big mining
proposition, whether in the devel-
opment stage, and in the making.
or IN the later operating and
dividend stages. The payroll and
contingent expenses are in evil
dence always, from the moment
OF conception to maturity, while
IN the meantime promoting pro-
CESS and prosperity for Nogales.
If "The Kino Copper Com
pany's' proposition is not a fair.
square, ground-floor, economical
ly and efficiently conducted busi-
ness risk and legitimate specula-
ton, where the sponsors have
made no secret profits nor acted
the hog in grabbing" dispro-
portionate allotment of stock for
properties and services, then in
mining camp vernacular - "their
haint no such animal"