Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1883-09-21
THE ORADO COMPANY.
II Is Organized at Findlay, Ohio, with
aCapital Stock Of 45OO,OOO.

W WIZ Prospectus OI tne OraOO silver
Mining Company of Idaho, whose
mines are situated in Narrow Gauge
gulch, Deer Greek; but pressure of
other matter in our columns COM
pelled us to delay publishing a synop-
sis of it:
The object of this company is to
purchase and work mines, and carry
on general mining business; and to
buy and hold such mines and other
property as may be required i, said
business or connected there With; to
erect and use the necessary buildings,
mills and machinery for mining. and
reducing ores, and to do all other
things necessary and incident there
to, and to that end the company has
purchased the Byron and Baltic
mines, located in Mineral Hill Mining
District, Wood River, Alturas county,
Idaho, about 8 miles from Haley, the
county seat, and taking in part Of the
townsite of Orado.
These mines are in the Wood River
country, in the Territory of Idaho,
and where the company will direct its
operations. This country is compare
lively new, and some facts in regard
to it's wonderfully rich mines will be
found interesting in addition to the
report following, made by J. S. Roller,
Superintendent of the Robert Emmett
and Forest Greek Silver Mining Com
panies of Idaho, and the press Of the
country generally.
The Orado Company is principally
composed of capitalists of Findlay,
Ohio, where the home office is located,
and the following is list of its Off
cels: "A. P. Setback, President; Lem.
McManness, Vice President; w. J.
Frey, Secretary; DR.. G. S. Yingling,
Assistant Secretary; E. J. Totten,
Treasurer; and Mcssrs. McManness,
Setback, Totten, Frey, and YingIing,
Trustees. 1t has capital stock of
100000, divided into $4,000 shares
Of the par value of $40 each.
The property Of the Findlay capt.
talists lies in section of Idaho that
FIVE years ago was an Indian rescrva-
ton. The mines lie eight miles over
from HALEY, the county seat, in the
Mineral Hill Mining District. Two
years ago the first drift Of settlers en-.
tered HALEY. May LIST the terminu.
Of one branch of the Oregon Short
Line Railroad was made there. To.
day there is a population of 1000
which may double itself by Novem-
Der. Alturas county is half as large
as Ohio, having $4,000 square miles.
The Byron and Baltic mines are To-
Gated on the great vein or mother
lode of the district, cropping out
bodily from four to five feet wide, be-
tween lime and granite formation,
lime for the foot and granite for the
hanging walls. These mines were
located in 1881. Wood River valley
in which HALEY is located is 50 miles
long by one to eight wide. Business
lots now sell from $3.50 to $4,000,
resident lots 800 to $500. 1t costs
SIS first class fare to reach it, and the
distance is about 1900 miles from
Findlay.
The Baltic and Byron mines are
on the main mineral belt running
from Bullion through Orado, thence
across Deer Creek. There are three
main lodges on the claims; one con-
tact between lime and granite, the
others in lime. The Baltic is in the
contact, and the Byron in lime.
Splendid lodges from 5 to 10 feet
wide crop out the full length of
the claim, 1,5O0 feet. They are very
easy of access. and can be tapped
with short tunnel at depth of 500
feet. They are both we'll timbered,
but the Byron is one of the best tim
bered claims in the Wood River coun-
try, and not stick of timber or cord
wood need be bought by the COM
pany, for years.
The future Of the Orado is quite
bright, and nothing but msmanagc-
ment can cause it to be otherwise.