, 1881-11-09

An Iron and Copper
Investment.
In 1876 The lncosporutors Of tito
NORTH STATE MINING COMPANY

brG1n tho examination md Development OF tho mln~
erI wealth Of Sorth tnrona, ind. nfter tive years VI
n1nr nft expehse. becnme satisfied tint they were
possessed Ut rich Nrd vnluabll Inlt,rTn properties
tllAt uny required tneuad tu enable theiJ tu pour
into tc pockets of their stockhudsEs Thousands Of
dollars Ut dividends.
Tie ptincii properties hulnG in Asho County, ro-
Mhlc from transportation. the Legislature oi North
Cnro!na was nsxut u Gfnnt n steeaa charter for
MnlnR. rnrond. ana Telegraph I,ItposeA This char
LOT MAS .runtcd Fob. II. 1881. incorporating tho North
Suite AtnsiE coMtnJ. tdur t1'Is charter the cutu-
pa1y ava acquired yusy valuabte prtvlIeRss; power
III buy md soil act and mineral Iuhds, tU carry un
the n!,ln4 al,l reduction Of in all ta hrances
~ construct railroads und lele1ral l,es connaotlEx
hs mnes with trunk tlnes u sutroau nnd sGIuxruplI
fines. und fur tta puT0s1 Ut constructing sald rn
ruad and teearaph tsnes II Inns ruwor u lBsuu buns
10 tho amount Ut sziup per n'c. Tho capsal slock
Ut she company Ii f!uuuAuD, divided tntu 4NWJ
bhnrea. of par yatua ut IL ,,ar sharu.
In StnhIy County. twenty-thrga t1liIss from sashn
n. un thu Piedmont Atr-lne 1snnd. In Sorlh Caro-.
llnn, is the wet!-kMuwn Crowsi Guild aino, which s
vel! equIped nnd developed. Tho estaso consists Ut
63l of land Te,l and 1ersi!c xO tUveteA with
heavy gtowt Ut timber. II has numerous veins u
guild quartz aioh It. and alt Nv acres OF nurtcsona
frnyel wiel yIgt4s humorous tinu nuggets und
toit- The company H!1o OWN una 0p1sssu 4. large
aw.nl!ll IN connection With tlU ullne.
In Ashu county tho ctnipaay h4va largo traits oE
n,iluEa1 land. AEnGnR th0m f0rY rnlunAlo Curprr
ruu. carrying gold and silver. which Il property Ut
INncrus, covered With hsnyy i,MhoE. Tta ln1no IL
fully equipped with Mod9rA niAthlnSry. Ahd hns nt-
rsady produced largo quanslty VI rch and valuable
orc.
rEof. Emmons. late stnso Ueo1o9Ist Ut North Caro-
llna rTof. Kerr. STATE GeuiaEfst of furth Carolina;
Prof. j. II. AcChpanuy. Ntnlng Gu1fUGlstf Walter
Hamilton II. E.i lruf. It. II. Eancs. haTo nnda
favorable reports ntuut this miue TheY concur III
tho beltuf tMt gives Indication of Rroat conssrca
yauo. A4 that by tho character atd Rrae Of the ore
promises u bs ouo Of shc best payIng Copper udus
In thta Country.
When the sMotIng furnaces nto anishcd. tho daily
pruacnt Jled OF Tits mnD IL estimated as follaws
Thirty inns ut oEu Itas dHyi AseEn9e, ~ por cont cap
pot, ant TO III Eold ana alIyuf fI9F tun. will equnt
Et6 por lay and avotaad Jn tsYa 10 tho rear, wilt
equn' ekNua sruss o1rnlnHA yuar. whun The new
shaft IL tisaud, md cross cuts nEs naIu 70 ths yon
tho ,rst year thu laIno Will DO earning toFo averaging
u NJ prusent) ovar Il .aAlap per yoar.
TAe seurstena 4uasgses, KMosin n1naA ard Mtc.
ulAcs. situate abuut fur tIs4 trunt ihe Copper
lulac4, tho xay lho Mngnule troh.uru bu!s
Tim eatntu cins!stx Ut aver lttn acT,s Ut furtlte
lands. cosurod with i haavy gsumlh Ut t'nnber and
nlsu incudos watoF'powoF Ut about An hotse.
p3wCr.
Tho addition Of ral,raad transportation Ii only
qaIrud 10 turn these Iron m!,,es Into aouanla u
wcalth. .... ...-.
Prof Kcyr. State 0oulux.at Of SDrth t'aEona, ro-
fas to this prupory IN hs report to thu sats III s7
paKs 4, Yuk Id cocludva hts rtnaaFks bY shy.
lnE "1hIa IL InanlfUstIy All Iron region. aHd worthy
" thorough ihy1sttKnuon."
Tho FniA0 Ut kh1su nuan1ta tr3n'ofe beos caahot
bu eu4,y cltfMatud. Al tlu h'wcst calculation terSss
IN sHt tulciuns u lust for l JcaEs, with All out
put OF atlt1N tUns yoaf.
Y1tu pu.upanY aru pfoparlnH 10 hut 1lno Of rail.
road lat viii connect THUR iron nlihes viii the Ohio
vupy, xnd n tho tiae ~ trunk l!no from Tho
Nortl,wust u tl,u s1utheus Thas zoaa viii b9 known
u Tho CaFollna, firgints Northwestern Railroad.
mud will co1.nec& ls most feMs1o lsunt with tho
Chesapeake : Uh,u !saasroaA In Weat vsaa.a. thua
giving direct communication With Tho Ohio Valley
pu le Eosslwust uni u the Aau0 ttngho cunst1uu
ton Ut tho yat!rsad Esom 190vsseh 10 Waasshos0.
viii 9su uutot suukl u tho Atlantte S1Abuatd-
judging frun' thu present ssoFaKa OF GRO frota tho
Copper slne ustttap4 tlat dlsh!vadA " tie vx.
tsMt VI two and un0a't 3 dotlarx pps sharo cs.l,
10 lml during lSsA The completion VI tho conpa-
MY4 tallr04. III lsS will give lnarkct 10 thelF yau-
apls aupuats nt Manstte Iron Ore. which Will upsbla
em u pay d.yidells VI u laast ss 10 toilass pr
xAnro.
T1IN SToClk Or THE COMPANY CAN
uE OBTAINED THROUGH ANY NEt'.
UTAIsLE NnOKEM FONSEEIEn WITH
THE MINING ExC11ANaE&. At r1IE
uuKH EMIT 1tAuKE RATES.
:tapa pamphlets. and full Information eau be OBJ
taue1 thu c1mpaus's ulaes. No u bsosaxay. XIV"
.lurk CIt1.