American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1866-11-21
THE HAMILTON
Gola 4 SlIrer aeliniug Ca,
u
OF EVA "A.


moth and North Union Hnlnse Districts. Nye County,
state OF Nevada, aud comp the following named
iedges Of siiper bedring qndrts:
LE6GES IN MAMHOTH MINING DISTRICT.
The Winnebago Ledge Twelve hundred feot,
=" Union Ledge.................yOnet thhOusand feet.
Rcd Jacket Ledge, ,...........O One thousand fcot.
" Wabashaw Ledge, ,......... Eighteen hundred fsct
CJibwa Ledge. Twelve hundred feet.
Mammoth COmstock Ledge, Fig htecn hundred feet.
Yellow Jacket Ledge, ,"....... One Thousand feet O..
" Dccoah Ledge, hundred feet.
" Comet tLedge,................0ne thousandd foot.
Levathan Ledge, Eighteen hundred ,.
Emerson Ledge. One tho sld fee
LEDGES IN NORTH UNION DISTRICT.
The Hamilton Ledge, ,,.........Twclvc hundred feet
- Hamilton Ex Ledge, ,.....-Twelye hundred feet.
" 0jtbwa Ledge,.... hundred feet.
" Decotnh Ledge...,..........Twelve hundred feet.
q Grass Valley Fix, Ledge.... Twelve hundred feet.
" Bushnell Ex. Ledge. Twelve hundred fe et
" Forest Queen Ex Ledge,..... Twelve hundred fcot
=" PONY Ex' Ledge. .'-........Tweive hundred foet.
The Officers and Board of Directors OF this Company
present the above combination of twenty rich and va
able Silver Lodges, comprising twenty-five lhousaid
feet, which they confidently believe embraces pronerf
ty for profitable silver mining unsurpassed by any Oh
tie Pacific coast
This property selected and located by practical
and experienced miners, among the first In North Union
and Mammoth, which are justly regarded among the
bos silver mining districts in the State, account Of
richness Of the the width Of the veies the Inc
timber The mcunain, and the salt basins and grass
Ia the valleys
This Company do not design to set forth statements
that will not be verified. and prefer mating
what they believe the results will prove Fuel is
Curry, 0phir, Savage, aud other celebrated mines in
washoe are paying from Afteen to twenty dollars pes
cord for wood. twenty stamp mill will consume hE
cords Of wood per day. SIS per cord amounting
to S225 per day. la the Mammoth and North Union
districts i Would De simply the eating 81 per cord 6r
psumption Of salt, which larg ly used In mining
operations, the saving would be less than $50 per
over many other districts In these two items there
is an advantage in cost of running twenty stamp my
in these districts which would make hanisonro yearly
profit cf itself.
1t is the intention of the Company to work all this
property at the present time but to hold IN reserve
for future disposition. either to form part of into
other organizations or to erect other mills, may be
deemed expcdient twenty stamp mill near a welt
selected lode will pay a large dividend on the ptl
the fist working year, and leave reserved fund III
easury to be applied b the erection OF another mill
This Company intend TO erect frstclass mill near
the Wtnnebago lode, which Is four and one-hnlf feet
wide and is considered of the richest silver hedges
IN Nevada and VIII afford an ample supply Of ore Tor
twenty STAMP mill .
Professor Biatchly, who Is scientific, Sabe, and
very cautions gentleman, says of this lode - ~
" This is a strong well-defned vein, shov,ng every
great richness and rel diGused droughout he veis.
and all he ore wi9 psg for o6rktH9 from The rery
face Phis Is rey rdlndbh mine and can be made 10
pay from the begtnnfh9" A. BLATcHLT,
Mining Engineer
II is than doDbtful If Professor Biatchy speaks
In these terms Of Y1y other mine in nevada.
twenty s.anip mill can crush twenty IONS per day:
but say that II crushes Is per day (choice spec
mems from the Winuebago lode has assayed Sll3l per
toni 1t low estimate to say that 1t will give an ay-
erage yield of slkO per ton taken it from the
VEN Fifteen tons per day would yield Sj250 the ex-
penses OF crushing In these districts will exceed $50
per ton $3.50 for Is TONS leaving net profit of $500
for working day, monthly proRtof over 100000
for one mill.
This statement may seem large, but II Is proven by
the results of other mills In districts loss yorably 10
Gated We confidently believe there Is no other inyes.
men. VIII piy such large r-turns silver property,
when Well located, aud tho miils properly manage
The managing director is Experienced and pra cd
silver ore worker In all tsetrds heis in tho pri sof
life, OF excellent habits, and ndoniube energy; has
been long and fly0raby known .Our President ,roy
Ramsey, and to Mr.. Frank Steel Of the Board Of
Directors and with whose good opinion Of Mr. lIanil
ton the Hon A. w Rondal FIRST Assistant Postmaster
General and Gov. farwel OF Wisconsin, also Col Bur-
bank of Minnesota, fully lie IL one OF tho dis
coyeres Of this property anJ argely Interested In H.
and will certainly take great pl de In dischargng bfs
duties promptly and ecoaomcar and Id such ma
ner as to make the Company asycess which bears his
name.
trustworthy and competent clerk goes out with the
The plan Of Organization Of this Company offers ps
cuar adv9Dages to the Subscribers lit gives them sc-
curiiy, res them large interest upon their money
aud prov j for Its sh ort time eayi
ing them tncir interest in the stock free of cost.
- Ine Company reserves fer the treasury ss5ooJo of
IOOOO shares OF stock, and will sell 1000 shares pay
value of $500, full paid These forty thousand sar
are preferred stock to bear % per cent dividends pei
annum Of tlte first earnings Of the mines until mi
par value isrefunde II also shares in dyidens witt
the common stock all profit of the and aboyJ
twenty-five per cent. the Company reserving le riglt
to Iecem this prefer red stock any time by the ipay
ment Of the par value thereof ond Interest The pt9
ecrre stock after it shall have been paid by dvidens6f
twenty five rcent- or otherwise, TO take grade with
Ihe common stock will share all profits OF the mpzs
Iquay. -"
This equitable plan an evidence Of The go,i aitb f
this Company, and their eoEdence tn hb property IL
qua to the subscriber the WHOLE popety AMI i'm.
provemens tor the payment of THO preferred stock and
insures the Payment Of t speedily leaving his interet
in the Company without cost No other stock will be
sod excepting the drcferfeu stoek until the Uompanya
mines pay diYtdsrJs.
This COmmny hdfe liberal charter graate. by sns.
cal act Of the Legislature Of ienns, yia Tho titla
to this property has been caref dy examined and mrs.
nounee good. The product of silver mines is d,rept
rom iron, coal, copper, lead, which are Influenced
ny ie lamentations OF the Market The precious met
ais are the standard Of value when once prodno L thew
have no market to seek bu. make this their market
Jas 7. MeJuDkin, ESQ.,, Travelling
Agsenltt, IT. to ,,tse take subscsiptious.I