The Idaho Springs siftings-news., 1909-02-27
An Investor With Confidence.

Consolidated Mines com pany, DR. J. Enos Wait of
Superior, Nebraska, spent nearly week in investi-
eating the affairs of the pany and its property
holdings, for he wanted his friends and investors to
feel assured that everything represented and
that they would get square deal. Following is
part of his report:
On Tuesday, February 2nd in company with
Superintendent Charles L. Jaynes, visited the Chi
cago Belle properties, consisting of five claims, or
about twenty acres This property has Improvements
costing very close to $250O0 consisting of fine shaft
house, complete equipment of machinery all in the
very best of condition, fuel in the building ready
fire up The main shaft is 253 feet deep, with 200
feet Of levels the 1OOfoot line and levels have also
been started at 200 feet The shaft double compart
ment, one for ladder way with ladders in place. and
for hosting About week will be required
to pump the water from this mine. 1t can then be
kept in workable condition by pumping from to B
o'clock every day. Some very rich
tered in this shaft running high SIT $40 per ton
This mine will be put in operation a suffi
cent sum has been accumulated in the working fund
to justify it. About 400 feet of the shaft house
at the point of the junction of the Chicago Belle and
Chloride Belle veins shaft is down twenty-five feet,
showing large vein of extremely rich A short
distance east of this property the Almira group,
tunnel is now being driven. One of their drifts
within about twenty feet of property. By driv-
ing this forty fifty feet further would bring
der this twenty fivefoot shaft at depth of 100 to-
$50 feet where would find very rich ore if it in
creases in value in proportion did in sinking
twenty foot shaft. This be done at ex-
pense of $400 to $500, and arrangements be-
ing made to the track, and dump of the AL
mira Company Directly beneath their dump is
road which joins the fine county and state road short
distance away leading to Dumont about two miles dis
tant, where there is completely equipped mill for
treating This plan is very practical and we
shall begin work it within three four weeks
The following day visited the Bronaber group
of six claims This property is situated mile
west of Idaho Springs. The lower tunnel is about
one-eghth of mile from the Stanley mill, wher:
is being treated every day the year around. Air
pped directly to the breast of this tunnel from the
Stanley compressor and all the tools there ready
to begin immediate operations. thoroughly examined
all the workings this property and in the upper
tunnel immense chunks of fine The driv.
ing of the lower tunnel short distance further will
open a wonderful body of and drain the upper
workings, that mining be successfully carried
This is grand property and, best of ALL lays at
the very door of mills and markets should like
to give further description of the properties
acquiring, but cannot do so here They all fine
and the very best among those obtainable in this
derful district.
Let me urge you to give your hearty support and
every possible assistance to your officers who are
so Loyalty striving to build up and establish thor
oughly reliable and conservative mining company.
Thousands of people looking for opportunities to
invest little money if they are assured OF a
''SQUARE DEAL Do not hesitate to recommend
stock and bonds your friends. If they are fair
minded they will appreciate your kindness and ad-
mire the stand taking for an honest, legitimate
purpose Legitimate mining MUST continue Stop
the production Of the mines Of the world today and all
nature of manufacturing mercantile and agricultural
pursuits would 60 to rack and ruin in very short
time -
And Just here let call your attention to the fol
lowing table, compiled by well-known banking es-
tablishment of the Middle West, showing what an IN
vestment of $1OO has done:
800 Invested in Bell Telephone stock has
made 100000
800 Put in Mergenthaler Linotype has net
ted $4,000 yearly for seven years l2o,ooo
@i'o antesaIu ent vaIue - 100000
800 Put in Dunlap Rubber Tires has made oO,OUO
800 Put in Welsbach Light has made oO,OUO
500 Invested in American Radiator, present 80
800 Put in Air Brake stock now worth h. 2o,UOO
sA'O ra,e ,nhee'eu : SAs. 1000