The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-05-16

. N4AAM " NNAaAAt AAaA AAN - NAAhA N9N
could buy a share VA $40 acres the CON-
pany owned
We are anxious to commence shipping
ore inside u ninety days was one Of the
attractive features Of thia first appeal
FOR the money in the banks. According
10 WoOdford Brooks, who Was president
| 81 this company and Il an old associate
| OF Frceman's there were veins In sight that
would develop into a. big produOsrs a.
some OF the big silver mines az Cobalt.
Right on top % this came the announce
ment from Mr.. Hawthorne that the Tema-
garni shares had gone like hot cakes.
his own friends taking aiO.Oc0 At q jump.
but there was still q chance Tor the folks
lucky enough TO set his letters. There
was the Elklake- Cobalt Mines Company.
His associate, Freeman. had grabbed Il
| quick, just when everybody was after Il,
and although the Tamagami shareholders
who had had first whack had taken 800 900
sharps Cf u right on the bat in addition
| tn their other Contrihut ions. there were
2OO 600 shares left for % cents q share.
! This 81 O0O.0OO company had nothing
| less than I. i8O aCres on Dtahase Peninsula,
fifty miles north Il Cobalt. in what was
described - new camp. 10 which every
ons with the thirst for riches was hurry
ing. II had Cobalt eclipsed
on the Elklaks company's property in
less than two months. said Mr.. Hawthorne
through the mails. and tho assays showed
about 20 000 ounces Of silver to the ton.
We will ship ore from this property by
the first 1T February aanR tho typewritera
In the Cambridge Building In December.
lole. Give this matter cOnaiderafi ion
You will be- ustifed in doing Il. I assure
you. and u you decide thar you want
any ~ this stock by all means act
promptly
Lest there might he somebody on the
mailing list that would doubt the word
81 q writer ~ rumAnces when Il came 90
mining. Mr. Hawthorne enclosed letter
from Freeman. written right from the
camp. Everything had been snapped w.
said Freeman. and he did really wish his
friend Hawthorne could he up there with
him and watch the excited prJNpectOr s
The tlklake would pay annual dividends
elualling the entire capitalization 81 thu
company. 81 ,On.OOO. he thought, and
Iemagsmi which owned the controlling
share Il the new company. shOtld bs self
ing ~ SO share inside year or he would
he completely fooled Freeman had de-
voted his life to mining and knew what
he was talking about. Mr.. Hawthorne
wrote 10 everybody on HIS mailing liRf
INK from the Cambridge building 70 a
waiting world anxious 70 give Mr. HaW-
thorne its money. Scarcely three months
elapsed between this chapter and the
next ot the serial that Mr. Hawthorne has
been writing A new company was born
last spring 10 was the MOntreal-Jamea
Company Shares in the others had been
oversubscribed began our author in
this chapter and added this just 10 make
people feel pad that they hadn't sent IN
their cash
IL is not on the score Of TemaEaml
that ! nov address you That chapter
u closed. The little property on Diabase
Peninsula has grown great and lie I 100
contiguous acres. richly mineralized
eUual one-fourth Of the total producing
area u ell Cobalt. The stockholders.
many ~ whom personally visited the
property before subscribing. seem well
content with their investment. and those
who delayed investing too long must bid
for it in the open market through the
brokers
Mr. Hawthorne indorscd a story. which
he asked everybody on the mailing list
20 read written by an honest man who
knows his business II was written BY
Freeman and he wanted money quick
in order 20 get right 20 work and get the
silver out II another 10 acres hs had
Just bought in the same wav A great
deal II the ore found was a. rich az any
thing Cobalt had ever produced Again
1etnagari Stockholders had gathered
no the lions share % the stock, but Mr.
Hawthorne had a small batch Of 81. 900
shares TO part with az Is cents a share.
and b. offered these not because h. really
wanted the money. because $3.50 OOO had
ALREADY been taken. but because he wanted
20 feel that he had the -confdsncs and
approval d every one on his mailing
hsr
Curiorsly enough while an this excite
ment has been going on In the Cambridge
building aud IN FreemRnz shack IN
q anada and Uncle San's mails have been
burdsned with Mr. HawthOrue's latest |
form - literature there hasn't been the I
least hit OF connection among thosa /
who have big mining interests IN Cobalt
over the way Mcszrs Hawthorne aud
rseman have been grabbing up slices % [.
Cauada
Tie reason Tor this. a. was explained /
90 Tvs SrN bya man thoroughly informed /
m regard 10 all % this section. has hesn .
because ell ~ this territory has been I
gone over by expert pruspeCtOrs employed !
Uv the big Cobalt companies who re-
ported thai 10 vas not profitable invest
ment field and that silver W workable,
paying quantities wa. confined 10 tbs .
lew square miles ~ the real Cobalt camp
Outside ~ tins You eau buy plenty II
Ming Georges dominion 10 the Juno Of
81 an acre and perhaps gel "A showing Of
-lver here and there % the surface " it l.
In case you want Co ~ u ~ a basis for
selling mining stock You can also pick
lp O few samples - iron and lttln lead
for u-" ia prospe'tuzsz From the in /
= To- "A 4
appear that there are acres and acres vet
oblRinshlr. ~ that there il a prospect
N a good many more companies being
IA the Cambridge building
unless the Post ONCE Department de-
Drives some ~ the companies already
formed 81 the uss Of the mails for stock
selling purposes Here IL sample Of
he literary output from the Cambridge
regarding the region Just de-
.srib~i showing how the serial Ia de-
'rluping
Do addition ~ our tEo great contact veins
10 have uncovered and sampled scores of
minor veins packed with metals And
yer. dsv our pr0speotors forcing their way (
,r,k tp osmp out Of the Jungle with pockets
uII NJ samples aud mouths fuil u excite
l-uf fsIi No. 81 fresh finds 10 match the old
Your muney has not been wasted nor has
: lain idle vou can bs assured NJ 'hat II
.as been wisely apr llsl ~ men vho snow
tlf they are about
% Bt- 70 hiE piece n wor'- that W. had n
Ia. eur material was a virsin wilderness.
t.I then by man and Inhabited
rir hv morse. mink. chirmunls md Wild
'Irds What roads and trails we cut out.
What pfa end shafts We dug. that drifts
rr ran, what huts We built 70 protrc, our I
900" army " miners from the terrible
Juiar0 inter- ard to-day there - not In ,
10 On'urIn y buster spot thln our peninsula. ! I