Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1881-11-11

success in placing the Boston and Sheel
Mountain stock upon the market Ths
treasury stock vas placed BY them at q
cents per share, and they feel confident II
will soon advance to two or three times this
price, which is certainly not an unreasonable
superstition if the Boston and Sheep Mountain
claims are continuation Of the Robinson ore
chute"
f, THE Leadville Democrat of Oct SAYS
..B F. Stcklry. managing director of the
Boston and Sheep Mountain Mining Com
pany, was up at the works in Ten Nile
yesterday paying off the men. and returned
last evening The Golf shaft is now down TO
a depth Of ninetv-fife feet. and work is pro-
crossing rapidly. Thew gain as rule about
a foot To the shift. This property is the
immediate extension of the famed Robinson.
and the Company expect to strike il big in
I the near future. II is a business combination.
| and business moves on in a business-like
way"
/ THE Boston Daily Traveller of Oct. IA SAYS
! The property of the Boston and Sheep
Mountain Company sdjoins the famous Rob
/ inson Consolidated Mine. the recent discov-
cries on which have attracted such general
attention among mining men throughout the
country. Its officers are men weil-known in
/ the East; its management thus far has been
| in every way a prudent and able ore. and its
/ future is one of assured excellent returns.
That an immense strike is near at hand is
evidenced by every indication as the devel-
opment progresses.
! THE Boston Commercial Bulletin of Oct.
! Is says:]
among the host of new mining investments
| now upon the Boston market. that OF the Boston
and Sheep Mountain Mining Company. at Ten
/ Mile promises well. IL is being vigorous
ly worked, and is, withou; doubt a coniinu-
alton of the celebrated Robinson Mine, which
/ has paid so richly, and soon hopes TO share
the honors with the Robinson. Ii Is under
able and responsible management, and the
offer for investment is a tattering one.
! THE Boston Daily Star of Oct Is says
The reports from the Boston and Sheep
Mountain Mining Co. are very hattering
| The development work of the mines is being
pushed night and day. with every prospect of
soon striking the extension of the rich ore
bodies now being worked In the 'Smuggler'
and 'Checkma,e' claims of the famous Rob
| inson Consolidated The indications are
that the Boston and Sheep Mountain Mining
Co. will return To its stockholders handsome
returns upon the money invested. Certainly.
if enterprise, pluck and jndicious expendi-
ture of money will accomplish this object. il
| is certain to become fact
| Regarding the Enormous Value of the Rob
inson Mine. the Leadville Mining Index CT
Oct. SAYS
1.-The Robinson Mining Company. on last
Saturday. Oct. l. declared its regular month
/ " dividend of 90 cents per share, and also
the customary extra dividend of an equal
amount, agyregating 100000. We should
not be surprised to hear Of a IS cent or 81
dividend next month"; as the mine is earning
immense profits"
The Boston Journal of Oct. IA says
| 1.-The Boston and Sheep Mountain Mining
Company, capital S2.000,0 900. with 00.000
shares at $40. is full paid and worcestershire.
This mine is located Immediately adjoining
the famous Robinson Consolidated Mines and
partly on same ore chute. Work is being
pushed night and day with expectations OF
soon striking extensions of the very rich ore
bodies of the .Smuggler and 'Checkmate'
claims of the Robinson Consolidated. The
officers and directors are among the promi-
nent Boston a..d Colorado business men. and
the investment seems to be one worthy of
consideration.
The Robinson (Col. Tribune savs:1
''This property is being developed by three
eight hour shafts. and the work is concentrat-
ed on the Golf Shaft, directly on the trend
of the Robinson ore chute, and not to exceed
45 feet from the Smuggler end line. The su-
perintendent Of this company has reputation
second to none in the district as practical
and conservative manager, and we accord
with his judgment in locating his present
workings. The prospective value of the
property is beyond cavil, the discovery of ore
being one of those assured propositions in
mining that depth will demonstrate
The Boston and Sheep Mountain Mining Co.
owns eight full claims Immediately adjoining
the famous Robinson Consolidated Mines. a
large portion being located on the same ore
chute.
The development work of this property is
being pushed night and day with expectation
of soon striking the extensions of the i'm
mensely rich ore bodies nov being worked
in the "Smuggler" and the 'Checkmate''
claims of the Robinson Consolidated.
In order to purchase heavier huisting ma
chinery. new Engines and boilers. with a
raising capacity of forty or fifty tons per dav,
the Company will dispose of q, 900 shares of its
treasury stock at 10 per cent. of its par value.
i. e., $40 shares at 81 per share and there
| is no reason WHY this stock in the course of
year shonld not be selling AT par The
Robinson Mine is developing into the largest
producing silver mine in the world. and is
daily growing richer in the extent of its ore
bodies which are now running straight into
the claims owned by the Boston and Sheep
Mountain Mining Company, which makes the
stock at present prices the best speculative
stock on the market. An investment. with
such excellent chances of large appreciation
in value, is seldom offered here. The wav
to make money in mining stocks is to buy
treasury stock at bed rock price-such as the
Boston and Sheep Mountain Mining Comps-
ny are now offering Our readers should in
vestigste this enterprise at once, and address
their orders to Messrs. Golf, Hastings & Co,
Bankers and Brokers, 13l Devonshire street,
Boston.
Regarding an interview with a party OF
gentlemen recently from Colorado the Boston
Daily Star. of the Sd inst saws:
A party of gentlemen. largely interested
in Colorado mines, have just returned from
the West, where they have been on a tour OF
inspection. Learning they had visited the
Ten Mile District, our reporter called upon
them for any information which would be OF
interest to readers of the Star. He was in
formed that the main object of their visit to
Ten Mile was to examine the famous Rob.
inson Mine. in which they owned considerable
stock After this VAS completed they made