The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-01-16
Sinanetal.
Capital Stock, $1,000 600


udpltdl oluCk, @IbuuVtuUu
sc. 900 Preference shares of $500 each, s43o,ooo.
$4,000 Common shares OF $500 each. e5TO,oOO.
OF which 4T.697 Preference and $4,000 Common
Shares were act aside as Treasury Stock to secure
working capital.
The Preference shares are preferential only rs to a
division of the drst $40, 900 Of not earnings, which
amount to H3c. per share, after which they become
Common Stock.
President FREDERICK G. CORNING, New York.
Transfer Agonts-THE EXPLORATION SYNDt.
CATE, Mills Building, New York, and . Grace
Church ST.. London.
THE K~NICKERBoCKER TRUST CO.,
Bankers- THE AMERICAN suRETY COMPANY
BANK. CITY of Mexico.
This Company was formed to take over and equip
with modern machinery one Of the largest mining
estates in the Republic of Mexico. all the original
owners of which remain interested as holders Of the
Common Shares. These interests consist of'
First. LINING INTERESTS:
"a per cent. Of the sircna Mine, with extensive
improvements. having ~, 900 feet of workings
and gold and silver ore awaiting treatment. ca
timated by experts at 4b2, T%2otons, valued az
$1,000. 900.
% per cent. of the Alanitos Tunnel. with 100
feet of the mother lode.
30 per cent, of the Cardones Mines. containing
17s, $50 tons OF ore. valued at 81, 73s.3 800 by
experts.
~ per cent. of the Rayas tConCordia) Mine, Pre-
ferred Stock.
8 per cent. OF the Rayas CConcordia) Mine, Com
mon Stock.
% per cent. of the Barragana Mine and improve
ments.
100 per cent. of the San Vicente Mine and improve
ments.
Second. PLANT AND H IMPROVEMENTS:
MI. r.,m n. - Nk..-1, II ,,La1n - Ia,
Francisco dc Plstith, including numerous substan-
t!al buildings. all tools and eqnipment., which, Wit!
9ne.quarter OF a million dollars. The main Sirena
1 Tunnel and nT x x. fie tr,a has h sSa G MdI,s,I A'T Tmt. 5000 S,3
other permanent improvements. OH the properties
MfRLLIoN bEo IL the ~ Entire II @at teT' W tt's sy1:
ten Of Mata and san Franr'.co. with nlnedncts and
connection with the above.
The property is situated In and near tha City OF
people. and is on a branch OF :he Mexican Central
Railroad, IA miles from the main line and go miles
The object Of the Company is to more systemati-
caily and economically operate these Interests ac;
methods. and to that end it is erecting nj its Haci.
Gold silver mill Of the most improved type mod.
eilgd after the pr,htlhis mili1 OF NJ; p B1I - 4prrStdnS
aud electric hoist and pump.
The General Manager writes under recent date that
which VIII yield a net MIL profit Of 300 per ton,
making for the 5Qton PLANT: now being erected; 20
of the mines.
The property OF the GuanRjuato Consolidated
Mining and Milling Company has been reported
on by Herbert =. Sellon, NJ. f., who spent several
weeks in his examinations, and in February OF last
year was again examined by Mcssrs. l. A. Wilt~cu
and Conner y Grant. we'll known experts of san
Francisco, and NJ. +. Macdonald. VI. f., of ZaCateCRs.
Mexico. and on their joint recommendation was pur-
chased.
Mr.. Sellon estimates the minimum net profit from
the new 5o.ton mill at $4,000, per month. which
alone means IL per cent. on the par value of the
stock, or II per cent. per annum on the price at
which the same Is offered.
Applications for shares received by
THE ALTON SYNDICATE,
3h WALL STREET.