Hopkinsville Kentuckian. [volume] (Hopkinsville, Ky.) 1889-1918, 1902-10-21

IN the property and with their
limited means commenced to de-
yelop the mine. Naturally it was
very slow with such meager support
as they could draw from the re-
luctant Missourians, but after two
years of hard and unceasing work,
there came a day when the stock
leaped from 10c to 25c, then to 35c,
from that point to SOC, it then Jump.
ed to dollar, next to $3.50. Every
body thought it had reached its eli
max, but on 1t went until it was sell
ing at $500. People went wild,
dividends were rolling in and the
stock gradually crept up to $1,000
share, and in fact could not be
bought at any price. Dividends
were distributed in the city of st.
Louis at the rate of 100000 per
month, and today the people of that
city have received over S12,OOO,OCO
in dividends from Granite Mountain
stock.
Millionaires were made in an
hour. L. M. and Moses Rumsey are
today millionaires from the trans
action. The immense granite block
occupying the entire square on
Washington avenue, the most pala.
tial residence in the city, and a
large block Of Third National Bank
stock, represent the dividends which
Granite Mountain gave to John w.
Lionburger. Mcclure and Clark,
who were sneered and laughed at
as they walked the streets of St.
Louis day after day trying to sell
stock, are today owners of the La
clede building on Fourth and Olive,
and Mcclure occupies a palatial
home in Vandeverter place.
From a few hundred dollars in.
vested, August Ewing was able to
resign a $1,000 position and is now
spending his days in elegant luxu-
ry on the dividends of Granite
Mountain. Louis Fuss, and others
OF the fortunate ones have put up
little of their Granite Mountain div
idends into the Madison Car Works,
worth a million.
The Bank of Commerce seized the
Granite Mountain stock owned by
Edwin Harrison, from the proceeds
Of which they increased the banks
capital from 100000 to 81 900, 900,
bought the valuable corner on
Broadway and Olive and erected
thereon one of the most magnificent
office buildings in the world. Hun
dreds of people, clerks, mechanics,
and housewives, were swept into a
life Of independence and luxury on
the stream of wealth that flowed
from the Granite Mountain Gold
and Silver Nine.
There are hundreds Of just such
instances to be cited. The wealth
If Boston was created out of mining
stocks. 1t is said that one half the
wealth of Brooklyn, the wealthiest
;ity IN the United States and a sub.
arb of Boston, came from mining
stocks. San Franclsco's financial
oundatIOn was laid by the wealth
IF California $ gold bearing lodges.
Salt Lake City and the Mormons
nave acquired their wealth from
he hills. Colorado Springs, a city
If only 10000 souls, has a million
lire for every thousand people, al
made out Of the precious metals ex-
racted from Mother Earth. Den
'er, with its beautiful streets, mag
lihcent hotels, and palatial homes on
,apitol Hill, received its start from
he mines in Clear Creek county,
,ol., and in the face of these abso-
utely incontrovertible facts, you
lear the croaker say "there is no
money in mining" Absurd, foolish
md ridiculous falsehood, it don't
deserve the consideration for a mo-
nent of a single sensible man.
The Consolidated Alpine, our
lone company, has just as good
prospects as Granite Mountain had.
t is located in a territory proven
" forty years of development, to be
f unsurpassed in mineral resource
S. Some of the greatest mines in the
World are its nearest neighbors,
nd the sun never rose and set up
n better investment than stock in