New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-26

The company organized to operate group Of nnes
near Rico Dolores County Col, section wonderfully r
in minerals -,
The group comprises the Enterprise Laura, Eureka
Ontario, Hiawatha, Kitchen, Bell, Night "s'o"' 9
Flake Song Bird Thompson and Anaconda Lode mnl's
claims; the Jumbo group, comprising the JUMBO anu
Headley Lode mining claims the Group runner oIIe anu
the Onomoo Tunnel Site, with all plants, materials ap
purtenancos &c. beon ging thereto as on jan l. io'i'
An area OF about 1o5 is covered BY the claims
There is full working equipment at the MINES h'iou
ing shafts engine houses for hosting complete machinery
Nh electric light plant houses and sorting rooms
blacksmiths' shops. miners bo'rdinehouses' &C.
The Enterprise property began TO produce In the latoer
part Of 1885, Shipments made in 1889 ana leSo'
from which 1862 tons produced a net value Of $500
$50 o. an average OF $3.50 per ton. Many OF ae snip
ments four Ave ounces in gold per ton worth
$40 per ounce and from 400 to 800 ounces In silver per
ton worth ~ per
The present output from these properties Is greater
tina has ever BEEN Ii Is safe estimate that the
profits to be paid In dividends during this year ont OF
the mined Jan. 1892, Will not be less man
Five Hundred Thousand Dollars (S0OOOOO), nnd DUR
ing the first yenr July l. 1892. One Million Dollars
81 900 900. 40 cent annum on the capth'
stock These virgin mines, and the territory Is so
large that IL will require many years TO exhaust them
The produced smelling ores. They are shipped
direct from tho ore houses to various smeters The
company therefore requires smelling plant and the cost
N production Is confined mining aud marketing the ore
For further improving the working facilities ana Systematic
pro ,ecung OF the claims for ore bodies
working capital Of $4,000 fully ample, has been pro-
vdod Shipments at be facilitated and expenses
lessened by railroad nearly completed 70 RICO th%1
It is expected to ready for operation by Aug l.
Mr. George Ora wford who has been connected with
mn nv mining Of Colorado, among them the
Yankee Girl. New Custom and others. has ngreed TO
become General Manager Of the property lie taxes
large number of shares In this company and his inter-
bound In the future Of the under-
faLi He bel es n
properties in which he has been Interested The
immense bodies Of already intact and the very
large of productive ground undevcloped VIII
enable this company TO very handsome and regn-
lar dividends
Mr. o. p Posey has been for many years associated
with Mr. Crawford in his mining operations fully concurs
in Mr. Crawfords opinion OF these properties He has
thorough personal examination Of the mines, and
that considers them the most valuable properties
which he has examined and that they can easily pay
81, 900 600 per annum in dividends.
The right reserved reject any subscription TO
cept part. Receipts will be given for all payments
made conpany's certificates viii be delivered
as soon as practicable after the final payment
Dividends will be paid at the Office Of George Crawford
SO wal-st, NewYork will be sent by mail to share
holders upon request.
intended to list the shares and apply for Stock
Exchange quotations.
Subscriptions will be received by GEORGE CRAW-
FORD, 33 Wall ST.. New York. and Room 500 Lewis
Block PitfsburR. Penn.
EDWARD L. BREWSTER & CO, Bankers and
Brokers' Dearborn and Monroe Sis. Chicago.
THIRD NATIONAL BANK, Wood ST., Pittsburg.
Penn.
MARKET NATIONAL BANK, 50 State st, Boston.
| Registrar of Stocks: THE FARMERS LOAN AND
TRUST CO, New-YOrlK.
PROsPECTUSES WITH FULL DETAILS, IN
GLIDING A TABULAR STATEMENT or ORE
| SHIPPED FROM THE MINES TAKEN FROM THE
| ORIGINAL sMELTERS' SALES NOTES, AND
FORMS OF APPLICATION CAN BE OBTAINED Az
| THE OFFICES OF THE COMPANY. 33 WALL ST,
| NEW-YORK, AND FROM THE DIFFERENT