The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-01-14


past nineteen months. There are hun
dreds of feet of tunnels and shafts, prop
erty paid for, smelter Q70-ton) almost
complete, everything being done to ex-
pedite matters and pay to it's stockhold-
ers, not or 4 per cent, as you would get
from bank or trust companies, but 100 per
cent on investment. With present capacl-
ty OF smelter, present quantity and
quality of ore, this can easily be done,
and have surplus left. Remember, 100
per cent on present investment. | desire
you to read the following letters and see
what others think about the Great West
ern.
Letter from the president of the COM
pany: II ,Aig
st. Louis, Dec 80, 1908.
w. p. Fife, brownsville, n. c.:
Dear Brother Fife:
We have your esteemed favor, and are
pleased to note your continued success
with the stock OF the Great Western Gold
Mining Company. In selling Great West
ern stock you are doing a favor for every
man with whom you come in contact, and
we say to you here and now that you VIII
never be ashamed or afrail to meet
man to whom you sold Great Western
Every day this property is growing better
More ore is uncovered, and in TACT, MI
Dittmar says that every day that passes
over our head adds $4,000 to the ore re-
serve Mr. Scott sent a sample OF Alter
thought ore to the State Mineralogist,
weighing 100 pounds, for exhibition at
the ST. Louis worlds Fair, and this has
created quite a stir in California. Many
favorable comments in newspapers all over
the State, and the people of the golden
West are beginning to realize that the
Great Western Gold Company has more
than kept faith with the stockholders. and
has done more than 1t ever promised 10
do for the stockholders.
You know that in the beginning the
Great Western Gold Company only had
eighty acres Of land. This has been grad
ually added to until today this magnifl-
cent organization is the owner OF more
than 600 acres of valuable mineral land.
We started out in the beginning to erect
| twcnty-ton smelter. This has grown
until today we have almost completed a
| 170-ton latest, up-to-date, pyritic smelter,
| and Mr. Diltmar assures us that this plant
| will treat at least 5000 tons Of ore per
month, figuring the ore at a low average
of $50 per ton, would give us gross out
put of $150,00O monthly. We believe we
are very liberal in allowing one-third OF
| this for treatment charges, which would
leave a net profit of 100000 per month
| for stockholders, or more than million
dollars year. We want to call youl
particular attention to the fact that this
is the production of only one mife, yet
it is not the best mine that the company
has This is only one mine from the 5000
acres We do not believe that there is any
property in the vicinity of the After
thought holdings which woul1 start an
other smelling plant, consequently there
is no chance for. rival companies to enter
the field against u.s. This then, would
| give us complete control of that mining
district This means that we have all O
the custom ores. AS the smelter grow:
we can not only treat our own ore, bu
the custom ore at profit, and we predic
that within two years we will have in
creased the Great Western Gold Compa
nys smelter to 500 tons per day. Then
what would your profits be? tell you
Brother Fife, that it is almost impossible
for a man to calculate the future profits
of the Great Western. and the man wht
buys its stock today should thank you
for presenting the opportunity to him.
hope that you will present these point
clearly before the people of your State
ONT out to them the possibilities of TIL
company; point out to them the progress
it has made; point out to them that i
has done all the time more than it eve
lagreed to do. You must judge its futur
by its past, and with its brilliant recort
behind it, where is the man who can doub
its future.
Thanking you for this handsome order
and for your good wishes, 1 beg to remain
Yours to command,
T. S. HENDERSON.