The daily morning journal and courier., 1902-04-10

This company is organized to own and | operate mines, to erect and operate re- | auction or concentration works for the l treatment of ores of the precious met als and their byproducts, copper and l lead, under a contract with the Ken 1 drick & Gelder Smelling company; also | for the reduction of ores from its own | mines and mines of other companies, and transact such mining and other business as the directors may deem best for the stockholders.
 The contract made by the Oliver Re duction company with the Kendrick x Gelder Smelling company for the mill ing of four hundred tons of ore per day leaves a net profit per day of s576, and per month (the mill runs every day) of $112S0, net profits for the Oliver Re duction company. The Oliver Reduc- tion company owns a dozen very Valu-
 able mines in which enormous bodies of
 ore are already opened up and are
 pushing further development work.
 The stock of the Oliver Reduction com
 pany can now be purchased at 50 cents
 per share; from the work being done by
 the company there is no doubt but that
 this stock will be worth several dollars
 per share by the end of this year. The
 Kendrick Promotion company ot Den
 ver of which MT w. F. Kendrick IS
 president and manager, has been ill the
 field for many years. The stupendous
 undertakings it has launched, financed
 and either carried to success or placed
 in the safe way to success, are the re-
 S,fx eiol, uo l-Hi
 effort, guided by experience. None of
 them are of mushroom growth. The
 capitalization and surplus of the Ken
 drick Promotion company exceeds
 $575,0 and the magnitude of it's busi-
 ness operations is indicated by the fact
 that offices forty two and one-half feet
 in width by one hundred feet in length,
 in the Exchange building, Denver are
 fitted up as banking institution and
 filled with a clerical force to handle
 each and every department of their
 business promptly and carefully, and hundreds of people are employed in the mines, shelter and oil fields operated and controlled by them largely in Col orado. although operating in different mining states of the west. The Denver Sunday Times, the oldest evening pa per in Denver, in a recent article on this firm, states that for many years to come mining will be the feature and chief industry of Colorado. and the hon. est reliable mining promoter will al ways be of value to, the state. Among the most successful mining promoters in Colorado is the Kendrick Promotion The firm has men with phe success in it's efforts It has been instrumental in raising funds for several of the better class of mining The members of the firm have had many years of practical ex perience in development of mining and in the netallurgical treatment of ores, having been connect ed with different smelters and success l full mining enterprises, so they are posted in the different branches of their business, and able to advise their large clientage intelligent y." Nothing Succeeds Like Success.
 The Oliver Reduction company starts l put with assurance of being extremely | good dividend earner from he very beginning, working in harmo- | " with the Kendrick & Gelder Smelt- |  ng company each supplementing the ,ther. and each making the mines and ! of the other more valuable. This is one of the sarest and most | stock propositions offered for public subscription from San Juan 'ounty or from the state. It has both | he opportunity of large profits from he operation of it's mining properties md the assurance of a steady paying investment from it's contracts for the eduction of ores. Everything that ex- and expert skill. and knowl- ,dge, could suggest has been done to nsure the safety of the plans and esti- mates The office of the Kendrick Pro- notion company and the Oliver Reduc- ion company are in the First National Bank building of this city, and are rep esented by MT. w. H. Ruffhead who will be pleased to furnish all informa- ion regarding these enterprises to pro- pective investors.