The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-22


} SUSQUEHANNA PLACER GOLD
} MINE FIRST MORTGAGE d.
VIDEND BEARING CERTIFI-
Gates.
100000 sold in one week. The
limit is $500. 900: 100000 sold at
) cents first four days; 100, 900 left at
} cents each. Then 500 900 at 8 cents,
then 100000 at 10 cents. then 500, 900
{ 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
Creek. Lemhi county, Idaho. 1t
contains 100 acres. or S,90O, 600 cubic
yards of placer gravel. estimated
by the expert to run from ST to So
yard, or total of $1,000 0c0.
The American Mining Investment
Company, which now owns the
mine. estimates the output at
$S,oc0,000 or $S2 for each dollar in
vested, within three years.
EXPERTS REPORT.
{ Professor w. S. Eberman. for
many years state chemist of the
state Of Minnesota, has thoroughly
exported this rich placer gold field,
ana among his many strong in
dorsements of the great value of
the property he says:
} About 600 feet above the cabin
q NO. l. we commenced on the west
size OF the creek to run a ditch
1 rms open cut was extended up the
Z creek about 100 feet, and at the lat
ter point a shaft was sunk
The distance to bed rock at this
/, place was about II or IS feet The
character of the gravel at the
smart was first alluvium for about
IL inches: We then encountered a
) stratum intermixed with boulders.
) when were easy to handle, this
} Stratum SRA continued for 10 feet, we
) then came to quartz sand,
) schistone and some pipe clay.
FROM THE TOP ALL THE WAY
DOWN THE GRAVEL PROS
PECTED WELL. RUNNING
s FKOM TWO TO THREE CENTS
! 81 PER CLLBIC YARD. THERE
{ WE'RE FIVE SHAFTS SUNK ON
) THE PROPERTY AND EACH
) GGARRRIED. ABOUT THE SAME
THE THE BARS HAVE BEEN
WITH FYrFrLENT RF sST I rs
} BAR AND GULCH CARRfES
I FROM 81 TO 50 PER CUBIC
YARD.
!, From the first of May until the
} the nrst of August, Hughes creek
, will furnish from 5000 to 10 ON
inches of water The company has has
the right to 1000 inches on the
also. q
."On the west side and at the
mouth of Hughes creek an open
} cur mas been made for the purpose
; OF OF a ped rock f1ume. The f1ume is
QUO feet in length and rests on the
solid bed rock. 1t has the follow
ing dimensions and is made of ma
terlal as described: 1t Is five feet
IN the clear, four feet high and 500
} Ieet In length. 1t Is made in sec
IONS, on boxes, each box being
a Leet IN length. These boxes are
n III or the best two-inch plank
q inches wide, edges dressed and
cl0SeIy matched. The stills on
Wnch the f1ume rests are 8x8
incneS, the standards are exS
} l1ches' braced and capped with 2x6
} prank the entire distance. The
} ooXes. are well fastened and an
} chored to the bed rock.
} The camp Is provided with ex-
celient quarters for the men. a
I wen arranged office. a large din
} ing room, kitchen, storeroom
meathouse. blacksmith shop. coal
Seu, tdoleS, etc. The location is
neaItnfui. climate superb, the
} water pure, and fish and game
son. '--s'i sea-
J To assure an abundance Of
wafer for hydraulic purposes. an
eXceIient Hume of the following d.
menslons has ben constructed to
} G G%mGuct the water from the North
} Fork of the Salmon river TO This
} property on Hughes creek The
} hume I13n IS made Of 11a-inch plank,
!ZXIb feet long, laid on Axe siI1s 4
} feet long. Standards AKA inches
I Feet high, well braced and cap
I pea. The f1ume is battened and
rests on a solid bedrock road. 6
egeL VICE. The entire length of the
hume from the point of intake TO
Z the pressure box, is 4% miles The
grade is seven feet to the mile and,
! VIII easily carry. 1900 inches. or IN
) cuD1c feet Of water per second. The
) Tan at the pressure box is 800 feet :
the pressure being $50 pounds to the
} square inch. There IS 1900 feet Of
, NO II hydraulic steel pipe running
from the fume; this pipe is per-
fectly laid. well anchored in the
pest possible manner and waller
) -ught The pipe at the pressure
} box IS 80 inches In diameter. taper-
ing down to p inches, and at the
AiiS!eS. 4H6re are two No.
} giants. with four nozzles, varying
} from to AZ inches"
PLANT PAID FOR.
The company owns this plant
which has cost over $40, coo, an and d
VIII put 30 mincrs at work N April
I next and will run the mine to its
I full capacity of $500 cubic Yards q
day, or 81 200 cash o11fnIlt @
day, with three big dividend
clean-ups next summer. It viii
also double the capacity Of the
) plant so as to clean UP the whole
) mine In from three to five wears
} The magnificent new hydraulic
plant now on the mine is of the
latest improved design. See Prof
Eberman's report in full.
PLAN OF INVESTMENT
Inc company has issued a Trust
Deed covering the property, its
product for twenty years, and the
plant, to secure the entire product
OF the mine as dividends to be d.
Vlded among holders of first mort
gage certificates. The total nun1-
per or certificates authorized in the
) trust deed $500. 600, and these are
{ issued and sold in block eerffica tas
OF 80 100, 200, 300, 500, 900. 3 0a0
and 5000, and sold at the foIIowin~
prices: fixed in the trust deed.
200W (sold) at cents. "a nm
100000 at cents. * 00S
SIG OO0 at &