Morning journal and courier., 1881-11-19
9l,000 Shares Preferred, Registered, Treasury Stock North Horn Silver MINING COMPANY
 OF UTAH. INTEREST AT PER GENT. PER ANNUM, PAYABLE IN GOLD ON JANUARY AND JULY l, FOR SIX YEARS, GUARANTEED AND
 PAYABLE BY THE MUTUAL TRUST co.
 
THE MUTUAL TRUST co.
 OF NEW YORK.

The North Horn Silver Mining Co pany is organ ized der the laws of the State of New York with non-assessable The any has acquired title to \ and anderbit mines, bracing more than 8 mile of the famous aorn Silver Ledge near Frisco, Ush, Spanish mine only 15OU feet from the Horn Silver Mine, ana the croppings of the North Horn Silver vein matter Concerning the Hosn Silver Ledge Pro lessor J. S. Nswberry,f of the Columbia School of ! rope, says .sGhe Horn Silver Mine contains the most valuable body of silver ore known to exist in silver Mine stands to day having greater tained value than any other silver mine known" As an indication of the richness of the ledge it may be said that the Horn Silver produced in the first nine months of this year near, Sl,1G000O; and the quar- | terly dividends amount to $300000 The properties owned by the North Horn Silver Company have been reported on by Thomas Couch, formerly superintendent of the Horn Silver and his report indo sed by Professors Newberry and Clay | ton Mr. Couch, in his report, says: known the Horn SiIver-ths name having been applied to he vein from the first location made It, and because of the immense unparalleled body of 1 argentiferous lead ore developed therein. 'The surface features or indications If the vein traversing the several claims mentioned are, in my opinion indicative of valuable property vein of ! ore at no great depth. I know of no vein in the West that exhibits features so favorable to the deve opment of great mine, nor one with the same linn tied developments that feel so safe in recommend ing to the pnblic ts far-famed neiehbor, the horn | Silver, with the openings, was comparison But at depth of hundred feet it had no rival" of four tu nels and two shafts now in mineral ! the Cope Tunnel being in heavy body of rich cop Mr J. E. Hamburger, ths well known merchant of Salt Lake City, under date of May 27 1881, writes corning this property:
 q arrived here early this morning and visited the mines of the North H Tn Silver Company. I found the developments in most satisfactory condition, | and much beyond my anguine expectations They crosscuttne the vein of the Wolcott B. tn of these workings in mineral correspondi g with that of char acter than the Horn Silver had with the | same amount of work Furthermore the croppings H1o oF yer. The Great Republic and Wolcot veins from 15O to 200 feet de- do not think there is aloth that tIese mines will be the liggest and best l opened and fully equal to the Horn Silver. Every one who has these min 8 confirms my opinion. Superintendent Couch is pushing the work with all possible speed, and he is the most competent man in
 The following IS extract from the report of the Special Committee sent out by the Hoard of Direct in the Spanish Tunnel fine showing of 1ow-grade galena ore This tunnel has been driven elgth of driven 36 feet with the expectation of cutting the ven which, by the oroppings.i. shows %
 shaft also this mine, which has already reached a depth of 50 feet In oo1 Papy with MT Tim Foley the workings in solid body of low-grade gaena ore, ing yth asPth nnd very next nel which is now in 38 Ieet th workings alse being in mini ral. The next mine visited the Wolcott, which to your committee seems the most promising claim of a1 In the upper tunnel of this mine, which is now in 25 feet they struck mineral assaying moderately but the impo tant is, it shows the continuity of the immense vein running through this great property Sev ral hu dred feet below we l found the Cope Tunnel, which is in 65 feet. This tunnel has exposed vein of copper showing
 width of from 20 to 25 feet, yielding about 3O per cent. in copper. It is pt sed to run in 45 feet 1 further and then the vein. If get the vein here as we have 1t elsewhere and only moder- ate gr ade of ore, will have of the largest mines and most valuable properties on the conti- nent
 Since the foregoing report writt further de- velopments have been made which warrant the belief that, with outlay of less than $l00,Ot0. the ny will be able to place the mines in dividend pay | ing condition within the coming year. The entire amount of the treasury stock of the company remaini g unsold (91,OO0 sharesl having is now made for subscription by the undersigned at By special contract between the Syndicate the Mutual Trust Company. fund sufficient for the pur pose has been dep ,sited with the Trust mpany to the interest on the preferred stock for period Interest will be adjusted to commence date of
 The following is the form of the guaranty of inter est which printed upon the face of the certificates and signed by the proper ofoer Of the Mutual Trust THE MUTUAL TRUST COMPANY OF NEW YORK
 Will for six years date hereof pay fifteen cents per share per annum on the shares represented by this certcate payable semi annually January 1st -'-.--'--- Yssi .-'- = 'Ireasurer. Fifteen cents per share is equal to 11o per cent per annum upon the subscription price.
 AIlotmeuts will b made in full of amounts of $2,- 300 a1 under, and the remainder will be allotted pro rata for amounts exreeding s2,5oO
 der of the Mutual Trust Company Trustee or to the undersigned and should accompany the subscription
 Subscriptions will be received until the 21st. day November, 1881, at 3 o'clock p. m., and the allotments made on the following day.
 Applications may be made to
 THE MUTUAL TRUST COMPANY
 115 Broadway, New York.
 THOMAS J. HURLEY Co.,,
 IS Wall street, New York. Where maps reports and full information can be ob tained n5 4d2w
 APPLES! APPLES! 0REENINGs and Baldwins. 35c pk.
 O Sweet Oranges, 25o dog
 Self Raising Buckwheat. BOG package.
 New Buokwheat, 50 ID.
 Extra nice Yellow Onions soc pk
 Also good Soap, So bar.
 Table Salt, 20 per qt.
 Codnsh, 5c per Ib.
 lbs. Tsble Butter, $.
 2 lbs. New Raisins, 25c.
 Extra Mixed Pickles, 15c at.
 Borden's Eagle Condensed Milk 1sc.
 New Haven Sugar Cured Hams. 14c lib.
 lbs bsst rendered Lard. S1.
 Poultry received fres6 Friday and Saturday.
 J. III. Kearney,
 "A and 76 Congress Avenue, no17 Corner of Hill Street. Litchfieid County Poultry ]! EO Chickens, which we will sell all dressed for 18c pound Come at once if you wish to buy; they are going like hos cakes
 l.. SCHONBERGER'S, Nos. i, 2 and 8 Central Market,