The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1870-07-29
A MINING PROJECT.
A Proposition 10 the citizens Of Cairo
An Excellent Opportunity 20 Make
profitable 1nvestmen - Splendi0
Chance for Young Men.
ITO the Editor of Tho Cairo yullctin,l

Sha"cc hor Young Wen.
To the Editor Of the Cairo Bnlletin,I
Tho Rails County Mines, on which
companyis being formed in this city, is
situated on Quartz Hill, in Gilpin county,
Colorado and is closely surrounded with
the best developed mines of the Territory.
1t is on the mountain south Of Nevada
City, and only quarter of q mile from
said town, and is Immediately surrounded
on the same hills with the following well
developed and good paying mines The
famous Bourough (the best developed mine
in the Territory lays within three or four
hundred feet Of il on the north also the
Kansas, Egyptian, Shaw Alps, Forks,
Flack, American Flag that are now pay
ing large dividends on the invested capital,
besides many more that are not being
worked for want Of capital to erect ma
chinery, etc. This is regarded as the
richest mountain in tho discovered mining
districts Of Colorado.
The "Ralls County Lode has crsvice a
little more than three foot wide--say, three
and half which is more than an ordinary
crevice, and 1t pays, by stamp-mill process,
rs much per cord as did tho aboye-named
mines at the same depth; and the quartz
pays n profit for working, from within
three to four feet Of the surface, and
presents therefore the best evidence that
We can have Of being good mine; FOR let
1t be remembered that mine that pays Oh
top mover fails to pay better below, and, as
such, mine never was known to run out
or become exhausted, but, in all cases, grows
better as We go deeper down. We have
good proof that this mine will yield very
large profit for working, growing more
remunerativc day by day as We progress
in the development of this seam. The
part of the mines on which this company
is being formed Ia three hundred consccu-
tive feet, being discovery claim and num-
bers one and two east. Discovery-claim
has two shafts sunk on II, one forty, the
other thirty feet deep. Number one, east
has one shaft sunk thirty feet deep. The
parties working on numbers one and two,
west, are sixty feet deep and have good
pay.
| Tho quartz out of this mino pields, by
the stamp-mill process, from one hundred
and two TO one hundred and forty 1--we dol
lars per cord. II costs from fifteen 10
twenty dollars per cord to take Il out, Eve
dollars to haul It TO the mill and thirty to
get 1t crushed, giving profit Of from nfty-
five to ninety-fve dollars per cord. BY .
bettcrprocess (Bartola pan process) quartz
out Of discovery claims yielded about five
hundred dollars per cord.
The undersigned, who has had ton years
experience in mining, and can furnish con.
elusive evidence Of his entire responsible.
ity, desires to raise In Cairo working and
purchase capital on this mine. Onc-third
Of all the money paid into the hands Of
the treasurer will DO reserved as work.
ing capital and used in the erection Of hoist
ing machinery and improvement Of the
mine, for tue benefit OF the stool. holders.
The amount of money raised as working
and purchase capital shall not exceed
twenty thousand dollars, which shall rep
resent stock 10 three-fourths the estimated
value of the mine, the other onc-fourth Of
the stock being reserved us an interest in
the mine for the benefit Of the personal
owners Of said mine. Said stock will be
divided into shares of twenty-five dollars
each, ndcycry stakeholder will be entitled
T. rs many votes ms he holds shares Of
stock. IL is intended TO take at least TWEEN
~ Of the stockholders to the mines whose
expenses will be- paid, not out Of the CON-
panys money, but by the party making up
this company.
1t is hoped that every young man in
Cair" that can raise s25 or more, will
look into this matter and see the advantage
OF al Investment in this company; and
here make n proposition to whoever may
become stockholders In this company that
Will work for the company, Ms superin-
iendent, for II salary of three thousand
dollars the first year. Said amount to be
paid me out of the companys profits should
there be- n much ~ fifteen thousand dol
lars or more should the profits be less
than fifteen thousand, and not under
twelve thousand dollars, then am only 10
have two thousand dollars; should they
fall under twelve thousand dollars. then /
am not TO have any thing.
All desired Information can DO had by
calling on the undersigned at the CONT
mental Hotel. ID. GREEN.
Coiro, July 2oth, 1870.