The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-11-20
BEN HUR In ZINC AND LEAD.
An indianapolis Company Has Rich Wine
In Missouri.
A History of the Mine-ks Location and the
Taiue OF Its Stock.

A number of well-known gentlemen Of
Indianapolis are interested in a mining en-
terprise which is attracting attention. as
the investment bids fair to materialize into
richly-paying property.
THE BEGINNING OF IT.
About year ago A. f. Kopp,, cashier OF
the Meridian National Bank. ana S. Z. Gal
laway. wholesale dealer in furs, went
on q prospecting tour TO Missouri.
Upon their report other gentlemen
went last spring. The result was the
formation of company and the
purchase of 80 acres of developed mineral
land In section 81. township &c. range IS.
THIS tract lies In Newton county. Missouri.
IL miles south OF Joplin and miles north
of the station of Day ton. on the st. Louis
a. San Francisco railroad.
THE BEN HUR MINE AND COMPANY.
The name of the organization lie the Ben
Hur Lead and Zinc Mining Company.
which has been incorporated under the
laws OF Indiana and of Missouri, with
1926 900 capital stock, divided into shares
of $50 each. The officers are DIR. E 8.
Elder, president; Walter j. Hubbard, vice.
president; s. +. Galloway, secretary. and
A. +. Kopp. treasurer. These gentlemen.
al of this city, and James q. Blythe.
cashier of the Citizens National Bank. OF
Delphi. constitute the board of directors
The assets OF the company consist or the
property already named. together with
new producing shalt completely tImbered
with oak. 80 feet deep; one water storage
reservoir; one new lead and zinc reduction
snd extraction concentrating mill com,
plete. consisting of one l5-inch steel
crusher; sets of rolls; 2 boilers lone GO
and one 40-horse-power); 9 new engines
lone 40 and one 20-horse- power; one steam
pump and hosting apparatus; one CONF
plete set of steam ligs. bins. pits. scales.
etc. and all the appliances of q complete
modern lead and zinc-mining plant. In n
heavily -timbered new building. all first
class, all in operation and the entire prop
erty paid for and free from incumorance-
WHERE 1T Is SITUATED.
This mine is situated in the center of the
greatest mineral region in the world, and
the com pIsted shaft demonstrates the fact
that the water Is easily controlled. The
ground is rotten limestone and soft flint.
Is easily worked. and does not cave OF slip.
thus comparing favorsbly with the largest
and richest zinc silicate mines.
THE QUALITY OF THE ORE.
The shaft discloses both lead and zinc
ores. The lead consists of carbonate aud
culpuitC- no Ltno oAC 10 - AACn oto
and blend Tor '.jack''l. the silicste largely
predominating. The shaft at IS feet shows
lead in carbonate; ct % feet zinc ore IL
struck, and this extends to the foil depth
of the shaft. showing 40-foot face or
stratum of silicate ore. Drifts have been
run In different directions from 81 TO 40
| feet, and these disclose ore through their
| entire extent. Attic bottom of the shaft
| the drill has gone TO the depth of zoo feet.
| showing different strata of zinc and lead
| under the entire tract
/ WHAT THE AssAYERs SAY.
Assays of this zinc ore prove NJ TO be
| wonderfully rich In metal Different sam
| pies from this Ben Hur mine. assayed by
| different chemists. yield about the same
| result. An assay of ore by Prof. }. N.
| Hurry, of this city. showed 35.5 per cent.
metallic zinc; that by Prof. Dan &. Jack
| ling Missouri School OF Mines. Rollo,
| So II and 3l.s7; by @. K. Schmiterlow,
asssyer Premier steel Company, this city !.
| PAW University. 36.S. Professor Jsckling
says; The ore is zinc silicate of excellent
| quality"
Tne blend, OF Jack" assays 90 per cent.
metallic zinc. AS is we'll known. however.
| zinc silicate 10 now the favorite ore. Ii Is
| so easily worked and yields so readily that
| in the past two years IL has trebled in
| market value The richest and most pro-
ductive mines In the world are the zinc
| silicate mines
| WORCESTERSHIRE STOCK AND 2)PER CENT.
DIVIDEND GUARANTEED
The company will soon place on sale q
quantity of stock. The extent and quail
ity of ore in sight justifies the directors in
making the stock on-sssessable. and Civ
ing with every certificate of stock the
guaranty of 20 per cent dividend at the
close of the first year Charles Walker.
payiJg teller of the Meridian National
Bank, certiies that the directors of the
| Ben Hur have on deposit in that bank
sufficient securities to pay the guaranteed
| dividend mentioned.
No stock will be sold at less than par.
and no stock shall be issued until paid for
in full. but may be issued at any time on
payment OF the amount of subscription.
All stock sold participates In the earnings
and guaranteed dividend from the day of
sale. Payments on stock are TO be IN ad G
in five installments: 10 per cent on filing
| application. ID per cent on notice of sllot-
ment. 25 per cent. In 30 days, p i,t- cen Z
IN 20 days. and % per cent. in 90 days; all
payments to be made TO A. r. Kopp. treas
urer. at the Meridian National Bank. In,
| dianapolis. Applications for stock iiled in
the order of thelr receipt, and the right II
reserved to withdraw the stock or advance
the price without further notice.
MORE ABOUT THE PROPERTY.
Five of the lots labout five acres) sur.
rounding the shaft will be reserved for the
operation of the mill and shafts of the
company. The remaining 81 lots are
already leased or will be leased to partie,
TO put down shafts. thew paying n roy alt,
of 10 per cent. on all zinc ores and 20 pei
cent. on all lead ores. and additional II
per cent for pumping and 10 per cent fol
water Miners are now binding house,
preparatory to sinking shafts IL Is conf
IDENTIFY expected that the roy alties thus
received will moro than pay the guaran
teed dividend the first year. and that tn,
receipts will rapidly increase as the mines
| are extended.