The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-26
MINES AND MINING.

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) NO SUCCESS EQUAL
TO THE SALE OF
, SUSQUEHANNA PLACER GOLD
: MINE FIRST MORTGAGE d.
I vIDEND BEARING CERTIFI-
( 100000 sold in one week. The
8 limit IS 1000: 200. GOO sold at z
& cents first four days; 100, 900 left at
: cents each. Then 100000 at cents,
& at 1212 cents, then the final 500, 900 at
{ 10 cents. Hurry up your orders If
want to get in on the cent issue.
& The mine IS located on Hughes
{ Greek, Lemhi county. Idaho. 1t
6 contains 100 acres, or 5000 900 cubic
z yards Of placer gravel, estimated
z by the expert to run from 81 to So
a. yard, or a total Of 1900, 0C0.
Z The American Mining Investment
{ company, which now owns the
NINE, estimates the output at
} SS,OOO.QOO. or $50 for each dollar in
, vested, within three years.
) EXPERTS REPORT.
7 Professor W. 8. Eberman, for
many years state chemist Of the
Z state Of Minnesota, has thoroughly
exported this rich placer gold field,
ana among his many strong in
dorsements of the great value Of
Z the property he says:
, About 900 feet above the cabin
, NO. l. we commenced on the west
, Slde OF the creek to run a ditch.
, RMS open cut was extended I'D the
creek about 400 feet, and at the lat
Ter point shaft was sunk.
Z The distance to bed rock at this
Z place was about II or IS feet. The
character Of the gravel at the
Z shaft was first alluVium for about
10 inches. We then encountered a
stratum tntermixed with boulders,
( stratum continued for 10 feet, we
Z then came to quartz sand.
( schistone and some pipe clay
{ From THE TOP ALL THE WAY
6 PBQ 81 1TG,,, THE GRAVEL PROS
{ FFPPC oI4 I47z-,, WELL 2I5 l.. RUNNING
Z PER PAN. OR AN AVERAGE OF
y PER CUBIC YARD. THERE
{ WERE FIVE SHAFTS SUNK. ON
& THE PROPERTY AND EACH
s SARRRIED ABOUT THE SAME
! THE BARS HAVE BEEN
{ TUNNELED AND DRIFTED
WITH FXCFF LENT RESULTS.
5aH GRAVEL AT RANSACK
7 R RR6m AID > GUiLCH CARRIES
7 TE0 0M ~ TO 50 PER, CUBIC
) From the first of May until the
; the first of August, Hughes creek
: VIII furnish from 5000 to 10000
Inches OF water. The company has
& also. '---01 i4'ei
{ On the west side and at the
mouth OF Hughes creek an open
e9t mas been made for the purpose
s OF OF a bed rock f1ume. The fume is
6 QUO feet in length and rests on the
solid bed rock It has the follow
Z ing dimensions and is made of ma
z terial as described: It is Ave feet
IN the clear, four feet high and 500
{ Teet IN length. It is made in sec
: % i5ot rs on boxes, each box being
made of the best two-inch plank
z z In9ches9 wide edges DRESSED and
g. closely. matched. The siIIs- on
H MnIcn the fume' rests 7are sx8
, incnes, the standards are 6x8
& n IIenEs' praced and capped with 2x6
& prank the entire distance The
boxes are well fastened and an
{ chored to the bed rock
& me camp is provided with ex-
ceIient quarters for the men, a
! ing eH T arranged ,,, once. a large din
-
meathouse. blacksmith shop. coal
} Shed, stables, etc. The location ia
} heaItnIul, climate superb. the
water pure, and fish and game
ABOUND IN abundance IN their sea-
( ITO assure an abundance .or
s water for hydraulic purposes. an
> ,e&ceIient Hume of the folIoWiner d.
G IlensIons has ben constructed to
s Fo nLuc ae tne water from the North
} proper ~ me ne Salmon river, to this
hume hume is made Of 115-fnch plank
6 LZX!o feet long, laid on Axe stills 4
feet long. Standards AKA inches
teet nLgh, well braced and cap
PEG. Inc fume Is battened and
} 1Heet Wlde. The entire length of the
hume, from the point of intake m
z tne pressure box, Is AZ miles Tho
SIdue Is seven feet to the mile and
7 VIII easily carry 1900 inches. or 81
S Sn rect OF water per second The
Tan at the pressure box is 300 feet
{ the pressure being $50 pounds to the
& square inch. There is 1000 feet Of
: NO. II hydraulic steel pipe running
5 from the fiume: this pipe is per-
; Lecty Ia1d; we'll anchored in the
{ tight The pipe at the pressure ss1re
box IS 30 inches in diameter. taper
ing down to % inches, and et the
t Y "A inches. There are two No
& grants, with four nozzles, varying
& from to AZ inches"
2 PLANT PAID FOR
Which has cGer U over $3.50 a6ls plant and
Will put 30 m!nCr; at work N Anrii
( next, and will run the mine to lis
, full capacity of 2,5cO cubic Yards q
; day, or $1,000 cash oufnit NUS d
? day, with three big dividard
, ''clean-ups" next SUMMER "t r. en-
also double the capacity of the
Z plant so as to clean up the whole
mihe IN from three to five years.
{ The magnificent new hydrau1ic
plant now on the mine is of fhe
latest improved design. See Prof
Eberman's report In full.
PLAN OF INVESTMENT
The company has issued Trust
Deed covering the property. IFS
product for twenty years. and the
plant, to secure the entire product
2 OF the mine as dividends to be di-
2 Vided among holders of first mort
z gage certificates. The total num-
Der of certificates authorized in the
Z trust deed 2.500. 900. and these are
= issued and sold in block certificafee
OF So 100, 200, 300, 500. 1000. 2 oO0
and 5000, and sold at the following
prices, fixed in the trust deed:
2 100000 (sold) at 2 cents. $4,000
100000 at 5 cents. .... Is, coo
& 5O0e00 at 3 cents. 40, 900