Evening star., 1902-01-04
GOM@IO[L0lA17 TED M]IERGWR
GOLD [MlN]ES GO.
OF UTAH.
Paying ON the Investment 1885.
OF UTAH.

In the light Of recent events it would seem as
though the investment Of money in a metal whose
market price is always uniform, and not subject to
cuts and speculative manipulatons, would espe-
cially commend itself to conservative investors.
We know Of but one such metal. that is, the metal
which itself supplies the standard circulating me-
dunn used in all markets for payment Of cash bal
ances-GOID.
In the shares of the Consolidated Mercur Gold
Mines Company of Utah enabled TO offer
investors an exceptionally favorable opportunity
for safe. yet highly profitable, investment in this
most staple Of all metals.
This company's properties consist of immense
low-grade deposits cover nearly 94i acres, and
in extent. magnitude and values, of very similar
nature to the Homestake, Alaska a-Treadwell Drum
lummon of Montana and other famous properties,
which have been regular payers of large dividends
during the past 20 to 80 years.
+ The Consolidated Mercur mines have a record of
having paid, approximately, 100000 during the
last ten years; now paying a regular quarterly
dividend of 215ee, 10 per cent per annum upon
par, equaling half a million dollars per annum,
which may be shortly increased, as the capacity OF
the roasters is now being enlarged from 12,oOo
to 20 600 tons per month, and the company is COM
mencng to cyanide 100000 tons Of taillngs from
the old Mercur workings. These great properties
have gold ore in sight, including tailngs, and i'm
preyements OF the net value of upwards of THREE
AND ONE.HAI.F MILLION DOLLARS, with LESS
THAN oNE-QUARTER Of the total mine deyel-
oped, so that the ultra conservative investor It
should appeal a permanent income earning in
vestment. with the advantage that I'm proportion
to other equally desirable securities the interest
realized is double to treble the usual rate
The great value of the Rand mines in South Az
rlea is mainly due to their large deposits OF low
grade ore and the of the cyanide process to ex-
tract the gold.
Many other comparisons between the great Mer-
ffaa and Afha rlrld- cd
might be drawn but 1t Is well known to all mining
men, and especially to those who have been fortu-
nate enough to invest In low-grade mines, that
this class properties has proven almost the only
permanently paying While IT is true that q
great many rich streaks like the ''Strattons Inde-
pendence'' and many other mines In Cripple Creek,
California and Arizona, have paid large dividends
for limited time only yet no high-grsde ore has
continued to pay for many years.
1t is the low grade deposits in large veins
that have been and viii continue to be profitable
and permanent.
The .Hemestake," with capital Of $4,000. 600
(snee increased to $2l 600 000 has paid $40, ,453.
$50 in dividends. Its stock first sold at 81 90
per share 1t is now in demand at 500 per share,
a clear net increase Of 4,9ooqe over the original
price.
oAiaska- -TreadweH,'' with $s.oeo.oo0 capital
stock has paid 81 $4,000 in dividends. Its stock
first sold at 81 90 per share: the last sale was
at $40 90. an advance Of 3,1001s over the original
price
The Consolidated Mercur. with s. coo 900 capital.
has paid s2655 600 In dividends. 1t has In sight
ore enough TO net g, 100000 additiossl, and be-
tween or adjacent to the ore bodies now being
worked probably 81, 100000 more Its stock 10
selling now at 1915. Considering the extent Of fts
properties and the character Of Its fthe low
grade bodies, which have always made the perma-
uent paying minss), fts stock should before many
years attain . figure commemorate with those Of