The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-01-12

past nineteen months. There are nun
dreds of feet of tunnels and shafts prop
erty paid Tor, smelter (170-ton) almost
complete, everything being done to ex-
pedite matters and pay to its stockhold-
ers, not or 4 per cent, as you would get
from bank OF trust companies, but 100 per
cent on investment. With present capaci-
ty of smelter, present quantity and
quality Of ore, this can easily be done,
and have a surplus left. Remember, 100
per cent on present investment. l desire
you to read the following letters and see
what others think about the Great West
err.
Letter from the president of the com
pany: ia!G
st. Louis, Dec 30, 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 favor for every
man with whom you come in contact, and
we say to you here and now that you will
never be ashamed or afrail to meet a
Every day this property is growing better.
More ore is uncovered, and in fact, Mr..
Dittmar says that every day that passes
over our head adds $20,000 to the ore re-
,erve. Mr.. Scott sent a sample of After
bought ore to the State Mineraloglst,
weighing 100 pounds, for exhibition at
the St. Louis Worlds Fair, and this has
.reated quite stir in California. Many
favorable comments in newspapers all over
he State, and the people OF the golden
West are beginning to realize that the
Great Western Gold Company has more
han kept faith with the stockholders. and
has done more than it ever promised to
10 for the stockholders
You know that in the beginning the
Great Western Gold Company only had
eighty acres of land. This has been grad
lally added TO until today this magnifi-
ent organization is the owner Of more
han 6 000 acres of valuable mineral land.
We started out in the beginning to erect
a twcnty-ton smelter This has grown
until today we have almost completed a
17O-tor latest, up-to-date, pyritic smelter,
and Mr.. Dittmat 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 a gross out
put of $150,O00 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, OF more than a million
dollars a year We want to call your
particular attention to the fact that this
is the production Of only one mine, 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 woull start an
other smelling plant, consequently there
is no chance for rival companies to enter
the field against us. This then, would
give US complete control of that mining
district. This means that we have all of
| the custom ores AS the smelter grows
we can not only treat our own ore, but
the custom ore at profit, and we predict
that within two years we will have in
creased the Great Western Gold Compa-
nys snielter to 500 tons per day. Then,
what would your profits be? / tell you,
Brother Fife, that it is almost impossible
for man to calculate the future profits
| of the Great Western. and the man who
| buys it's stock today should thank you
| for presenting the opportunity to him. I
hope that you will present these points
clearly before the people of your State;
/ oint out to them the possibilities OF the
company; point out to them the progress
! it has made; point out to them that it
has done ali the time more than it ever
agreed to do. You must judge its future
by its past. and with its brilliant record
behind it, where is the man who can doubt
its future.
Thanking you for this handsome order,
and for your good wishes, l beg to remain,
Yours to command,
T. S. HENDERSON.