The sun. [volume] (New York [N.Y.]) 1833-1916, 1891-07-26

y,
rich In minerals
The group comprtses the Enterprise. Laura EUREKA
Ontario Hiawatha. Kitchen. bell Night Watch. Snow
Flake. Song Eird. Thompson. and Anaconda Lode
mining claims the Jumbo group comprising the
Jumbo and Headley Lode mining claims; the GROUP
Tunnel Site and tho onomoo Tunnel Site. with all
plants material nppurtenancss &c. belonging thereto
as on Jan. 1891 An area Of about lbs 10
cred by the claims
There Is a full. working equipment at tho mines
including shafta engine houses for hostinz com.
plets machinery. electric light plant ore houses
and sorting rooms blacksmiths' shops miners board.
ing houses 90
the Enterprise property began to produce In the
latter part of 1884, shipments made 10 1859 and
1850. from which 2.562 tons produced not value Of
$3.50 2so.23. average OF $3.50 per Many OF the
shipments from four to nve in gold per ton
worth $50 per and from 400 to 500 ounces in
silver per ton worth 81 per ounce.
The present output from these properties
10 greater than It has ever been. 1t - safe
to estimste that tho profits to be paid In
dividends during this Year out or tho
mlned up to dan. I, 1909. will not be less
than Five Hundred Thousand Dollars
teSOO.O0O>. and during the arst year to
July 1, 1sO2, Ono Million Dollars (81 .OOO.-
OGO,, or 40 per cent. annum on the cap
itni stoek. These nre virgin mines. and the
territory IL large that It will require
many years exhaust them.
Tho ores produce Cd smelling orea They are
shipped direct from the ore house, 10 the various
smslters. The company therefore requires smslt.
ing plant and the cost Of production Is confined min
ing and citing the For further improving the
working facilities and systematic prospecting OF the
various claims for bodies working capital
OF sI5OOOu fully ample has cen provided Shipments
will at once be facilitated and expenses le'sened by
railroad now 8" nearly completed to Rico that It 10 sx
pecied to be ready for operation by Aug. /.
Mr.. George Crawford. who has been con.
nected with many mining properties or Colo.
RADIO, among them tho Yankee Girl, New
Custom, and others. has agreed to become
General Manager OF the property. He takes
a large number OF share. In this company,
and his interests nro bound up In the fu.
ture success Of tho undertaking. He be.
Meves these arc tho greatest mining Prop
critic. In which he has ever been i.terest.
cd. The Immense bodies OF orc already
Intact. and tho very large amount OF pro.
ductive ground undevel0ped. will enable
this company to pay very handsome a.a
regular dividends.
Mr.. o. Il. Poscy, who has been for many years
associated with Mr. Crawford in his mining operations
fully concurs IN Mr. Crawfords opinion nj these prop
critics Ito has made a thorough personal examination
OF the mines and that he considers them the most
valuable properties which he has ever examined and
that they easily pay ST. COO NO per annum In div
dsnda
The right reserved reject any subscription or 10
accent It in Part Recaip,s will be given for all pay.
ment. made and engraved company's CERTIFICATES will
he delivered A. roon as practicable after the na pay
ment
Dividends will bs paid at the ONCE Of George Craw
ford. 81 all ST.. New York will DO sent BY mall
shareholders upon request
Ills intended to list the shares and arpy for Stock
Exchange quotations
Subscriptions Will he received hy g EOR9E
Ora WFORD, 08 Wall st., New York, and
Room 500. Lewis Block, Pittsburgh, Pa.
EDWARD l.. BREWSTER a. CO.,
bankers md Brokers. Dearborn sad Mon.
roe sts., Chicago.
Third NATIONAL BANK, Wood ST..
Pittsburgh, Pa.
MARK Ell NATIONAL BANK, % State
st.. boston.
Registrar OF stock, THE FARMERS
LOAN AND TRUST CO.. New York.
PROSPECTUSEs WITH FULL DE.
TAILS, INCLUDING A TABULAR
STATEMENT OF ORE SHIPPED FROM
TIE MINES TAKEN FROM THE ORIG.
NAL sMELTEKS' SALES NOTES. AND
FORMS Of APPLICATION CAN BE Oh.
TANNED AT THE OFFICES OF THE
COMPANY, 30 WALL ST, NEW YORK,
AND FROM THE DIFFERENT BANK.
Frs AND BROKERS' WHERE SUI.
SCRIPTIONS ARE RECEIVED.