The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1906-07-21

modern mining machinery aud
methods during the past three years,
may be truthfully said 10 be only Ia
is infancy. To what volume this will
attain can only be determined by the
amount of capital and energy invested
in future developments, for the ore Is
here in abundance waiting for those
possessed with sufficient business
energy. foresight and nerve 10 take Il
from Natures great storehouse. The
demand for these minerals is ever IN
increasing a. a much greater extent
\ than the present supply. No great capi~
I tai Is required, e. both the rich and
those in moderate circumstances may
indulge in these opportunities, a. |
will proceed 10 demonstrate. have
ali the data at hand 10 substantiate
my claims and will gladly reply to any
inquiries addressed 10 me-
In the mad rush for the more prec.
ious minerals, gold, silver and copper
capital, 70 large extent seems 70
have overlooked these minor but very
necessary metals The comparative
cost u mining lead and zine and gold
silver copper and iron is as one 70 ten
for fully equipped lead and zine
mine on the most liberal scale does not
exceed $50, 00O. Fifteen thousand dol
lars Is the average cost Of a well
equipped mine and many are furnished
for one third less The extreme cost
Of mining and preparing these min
erals for the market does not exceed
$40 per ton and the price obtained for
lead is from $40 to $50 per ton, &C
cording 10 grades
It will therefore be- perceived that
profits compare very fayorably with
those derived from more precious
metals Another very material and
attractive feature for investors both
large and small IN this class of securit-
les, Is the shortness of time they have
10 wait for returns, for II Is matter
OF record that dividends ARE paid In
from six to twelve months after the
mine il fully equipped. These divi-
dends range all the way from three 70
fifty percent per month. and payments
are male quarterly and in some i'm
stances monthly. Compare this with
the long tedious waiting, in the ma
jority OF cases, extending into years.
investors in gold. silver. copper and
iron propositions have to realize any
thing from their investments and the
balance will show decidedly in favor
of the baser metals. There are hun
dreds Of good paying mines in tnis
district too numerous 10 mention
Many Of them are operated by close
corporations that never publish their
profits. which have ascertained range
from $500 to 1900 per day. Many
others with small capitalization are
paying their investors handsomely. |
will mention few Of these as mat
ter Of illustration, OF big dividends
} payers. towit Baxter Empire Enter
/. prise, ST. Rose, Kennedy Glandyille,
Brown Croft. Sunset Raisteck Fair
play
Grant county where Cuba City is
located. contains the greater number
Of rich mines and r. by far the largest
producer uf lend and zinc iu south
western Wisconsin More ore has heeu
shipped from Cuba city which is
beautifully situated in tile southwest
ern part at the county than amy tive
depots in the entire three c0mtie III
ships about one amid hall TIMES a-
much ore as pluucgille its nearest
competitor Close proximity e the
+ richest mines with thousands of acres
OF land of untold mineral wealth,
makes Cuba City practically the centre
Of the entire mining district of the
FIVE counties mentioned
Properties are daily increasing IN
value and wise investors will do well
10 take advantage Of choice locations
now being offered al reasonable prices.
As before stated will cheerfully
reply to any questions pertaining 70
the possibilities Of this valuable terri
tory and methods q operating here 1
/ will also furnish information o.
proved mineral properties that have
come under my observation.
J. W. welsford