Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1902-04-14
THE ALTA HAS IBE ORR. :

Readers of this paper have during the
last three months been made familiar
with the name of The Alta Mines Com
pany. Our advertisements have recited
with minute detail the facts regarding
the Alta mine. the Alta Company's other
properties, the present sales of ore the
prospective sales of the near future We
believe that any person who has given
due consideration to these facts will per-
ceive N Alta stock one Of the most sub
stantial and promising investments ever
offered to the public.
Let US state, once more. the principal
foundation stones upon which the Atlas
merit as great mining property is so
securely established:
1. '"The Alta has the ore" The Alta
is mine-not a prospect. Over two
million dollars worth Of goId-bearing
quartz is blocked out and in sight in its
workings
2. The Alta has as completp a reduc-
ton mill. equipped with the most mod
ern machinery, as 100000 could build
1t has two aerial tramwayS, costing $780,
900 and saving many dollorS daily in the
transportation of ore from mine to mill.
3. The Alta has the largest unfailing
water supply controlled by any mine in
its district. owning in fee simple three
lakes on Silver Mountain above its mill,
having an area of about 35 acres.
q. The Alta Company possesses TWEEN
ty other mining claims contiguous to the
Alta. tunnel sites. mill sites and inn
menselv valuable timber claims.
&. The Alta mill is only 216 miles
from the Rio Grande Southern Railway
station at Ophir, whence it ships its ore,
In this highly important economical mat
ter it possesses y distinct advantage over
many other mines in the district.
6. The Alta mill has in its more re-
cent operations accomplished marvellous
savings of values in the reduction of low
grade ores. INCREASING the average value
Of its mill dirt fully 30 per cent. There
are about 100000 tons of this mill dirt
stopped and in sight.
z. The Atlas principal officers are
known throughout the United States in
business circles as men of judgment,
character and success in life. Mr.. John
Z. Koch, Of Milwaukee is the companv's
president: Mr. Albert G. Blatz. of Mil
waukee. is the comDany's treasurer.
| These names. of themselves. lend digni-
ty and weight to anv enterprise with
which they are associated.
3. Less than a year ago The Alta
Mines Comnanv. having contracted to
purchase the properties now in its pos
/ session. had undertaken TO meet obliSa-
tons amounting to S514000. OF this
large sHm $3.50 900 has been naid from
the earrin0s of the mine and sales of
stock. Within seven months the COM
pony will not owe dollar.
D. The Alta mine oncrnting nh TO it's
present canacitv under moderately favor
ahIe circumstances. can earn at least 20
Der cent. dividends unon stock nurcha sed
at the ruling price IT is intended to
double the canacitv Of the mill as soon
as winter leaves the mountains The
earning nower Of the mine will then be
vastly augmented
The financial agents Of the company
now nffer Alto stock 1T 20 "nrts . share,
| it will never he cheanpr. It is sound "a
a government bond: &c likely to prove q
| bonanZo as auv stock ever nlaced on
| sale We will gladly resnond bv letter
or in nerson to anv INQUIRIES made to us
recording this great property. Respect
| fully.