, 1880-03-07
COLORADO SILVER-MINES.

A New Chicago Mining Company.
So many Of our Chicago patrons huve been
engaged in silver mining in the region Of Lead
vile, IN the State Of Colorado. with such good
success during the past year, that we take pleas
ure in bringing to the notice of the public the
formation Of "The Chicago and Scott Gulch
Gold and Silver Mining Company corporation
just organized by some of our entcrprtsing
business men. The Company has two lodes or
claims on the east slope Of Hoosicr. Pass, IN
what is knoTn as Scott Gulch three re- miles north
They embrace some twenty acres OF land. win
plenty Of good timber growing uponit. The ore is
''t 6r &
feet on the side Of the Gu1ch, about one, halt
mile below tho timhcr-line, and running horl-
Zontally into the mountain side.
Mr.. Stephens, the well-known EeoloRtst and
practical miner, well known as the partner OF
Mr.. L. z. Letter in his Leadv11le mines gives bis
mines are located will develop the richest car
honato silver mines III the whole state OF Colo-
RADIO.
RIVER at the be- foot FOO % Of Mo9nt Lincoln, accessible
at all seasons Of the year, being on this side Of
the snowy range Of the Rocky Mountains: Sup
s the same ne prices M M as IN Ghcago. The mines are
considered valuable bv reason Of their favorable
location, MS work can be on the full Width OF
the vein 600 feet, and, us no Shuts are necued,
the expense and delay OF sinking and hoisting
are diptnsed with.
A good road Is near Mt hnnd, and it Is but two
miles to Dudley down the Gulch, where theFe IS
a very extensive smelling furnace, and mile
beyond is Alma, whert there are hVe furnaces,
and others in process of building.
The ore at present working Is fully as Eood
and of the same quality us was the ore Of the
Leadyille mines, which Is on the same carbonate
belt and but eight miles west Vt these mines:
It Is the intention 70 hive the interest OF all
stockholders fully protected, the stock ts all
fully paid and worcestershire, and no 1tao1lity
can be imposed on any stockholder: There are
no salaricd officers, ard the Superintendent Is
one Of the Company.
From the character of the men who are in
terested. there cannot be any doubt but what
the affairs will be honestly and economically
conducted. 49,
In addition to the investment in the mines, the
Company has 81 900 to commence on, and also
has capital stock set apart for working capital
amounting to $1,000 shares, 1000 shares Ut which
will be sold at once. The mine, from present
indications. will no doubt pay handsome per
centage In addition to pairing the working c1-
penses from the start.
The officers are MIR. c. A. Orvts. member OF the
Board OF Trade, President; .. W. Pearch, OF
Campbell g. Pearch, commission merchants
Vice-President; Frank Scales, Secretary M ane
Treasurer: John L. North. Superintendent Inc
Board OF Directors includes these gentlemen,
with Albert Dow. superintendent and manager
of the Chicago White Lead s Oil WORKS; ihomas
Armour and A. Osgood, of the firm OF Miller
| Armour Osgood, meat commission merchants
and Joseph Bartee-
Dy applying to Frank Scales, the Treasurer
and Secretary, No. 81 La Sale street, Room any
information wished for can be obtained.