The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-01-05
FINANCIAL.
CONSOLIDATED MERCUR
GOLD Mines co.
OF UTAH.
Paving on the Investment 1880.

In tho light Of recent events it would seem
a- though fNa Investment ot money in a metal
whose market price il always uniform. and not
subject =. outs and speculative rnanipula-
;iaH. woaiI especially commend itself to con
s~,ryativo investors
We know Of hut ono such metal. that IS, the
,as,.. which I;s"Ic supplies m" standard circu-
,atlug medium used in all markets Tor payment
90 cash 1aIarccs. GOLD
In n" shares - IN" Consolidated Mercur
cold Mines CO. ~ 2 ;ah We are enable! to offer
Investors an exceptionally favorable cp3ortu-
nifty for safe. yat hiEhly profitable Investment.
in this most staple Of all metals.
This camiany's properties consist II immense
lav-grado gold ur" deposits: cover nearly s4i
acros. and in extent. maguitud" and Values. Of
q very similar G,tusr 20 the homestaEe. Alaska
Tr.adw.u. Drumlgmmon Of Montana, and other
famous properties. which hay" been pguiar
Tay,rs ~ largo dividends during the past - l."
e., years
Tile consolidated Meroar mines have a record
O.: having paid approximately sf.r-.c'p during
tho last ton years. are now paving a regular
quarterly dividend Of 2isT. or ten per cent per
auuum u7un pay. cGua!!HE half a million dot
lars Per anUgn. which may be shortly in
creased, as the capacity Of the ore roasters Is
now being ,ularsod from I2."D to 2t.oop tons
Jog month. and tho company is commencing Ia
.sauiic D-ayl, tons OF tailings from the old
Mercur workings. These great properties hLv"
gold orc in sight. including tailings and i'm
Iroysm,uts. Of II" net -alue of upwards Of
three and one-hnIf million dollars,
with less than o~ne-qunrtrr f the total
miH~ developed. 80 that To- tn" ultra coHserva-
tive investor il should appeal - J.. permanent
INCOME earning Investment, with the advan-
tage that In proportion to other equally desirable
securities the interest realized is double 10
treble the usual rlt~.
The great value OF the Rand mines in South
- H.. -. tl-Hw. larr- .HE -
low grade ore and the use OF the cyanide proc
,ss to extract the gold.
Many other comparisons between thu great
Nier"ur properties and other worid-Teaowned
mines might be- drawn, but it Is We'll known to
al mining men. and especially 10 those who
have been fortunate enough to invest in low
grade mines, that this class OF properties has
proven almost the only permanently paying
ones. While 1t IS true that a great many rich
strcaks Ike the 'Stratton's independence"
and many other mines IN Cripple Creek, Cali
fornia and Arizona, have paid large dividends
tor a limited time only. yet no high-grade ore
has ever continued to pay for many years.
1t is the low-grade ore deposits in large
veins that have been aud VIII continue to he
profitable and permanent.
The "Homestake," with a capita! OF $40
OD,G1D ,since increased - l2i.rJ.er), has
paid S~1O.453,.50 in dividends. Its stock
was first sold At 500 per share. it is now in
demand at 800 per share. a clear net IN
crease II 1.90Of over the original price.
'Alasku-TreadwelI, with S5.0vO.G)o capital
stock, has paid $3.50 900 in dividends. Its
stock was first sold at $lO0 per share: the last
sale was at 5000, an advance of 3.IOof over
the original price.
The Consolidated Mercur. with s.. 01 900
capital, has paid S2.G.j5 900 in dividends. II
mss in sight ore enough to net S2,3OO,O 200 ad-
dItional. and between or adjacent to the ore
III. ,,,u- I,g-, ,.,rly,4 ,,,l.,bl, pa s,An Rlts
more. Its stock is selling now at 81 10. Con-
FiderinE the extent Of ats properties and the
character Of its ores Che low-grade bodies
which have always made the permanent pay
ing mines). its stock should before many years
attain a figure commensurate with those OF the