The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1913-01-24

ground, foundations are about
completed, several new build
ings have been erected, mine
tinbered up, a new large air
compressor engine has been in
stalled, roads have been i'm
proved and necessary mining
and store supplies have been
purchased.
Now we stand with about
$3.50, GOO stock sold, about $685.
600 has been used in improve
nent and development. We
have about $50, 600 on hand in
money and bankable notes.
Estimates show it will cost ap-
proximately $40, GOO to complete
the mill which we expect to
have ready for operation by
spring.
Now comes the development
fund which we must provide
to put the mine in physical
condition to furnish the mill
with 100 tons of ore each day
as we go along, without in
terfering with the mines ore
reserves. TO do this we
are instructed by the greatest
authority on mines to sink the
shaft to at least $40 feet, and to
do altogether development that
is figured will cost over $27, 600.
With this amount provided the
company will withdraw the
stock from the market and
lose no time in forcing this
work that we have every rea-
son to believe will continue to
prove with development, one
of the big mines of the United
States.
l will be at the Stone Hotel
for the next week or two and
will be glad to meet any of the
stock holders and others who
may be interested. We are
stalking and will back the Twin
Peaks stock as an investment
with anything we, Fraser Bros.
possess.
We have met with success
wherever we have presented
Twin Peaks stock. At Duncan
and Clifton, Arizon, about $780,,
600 has been raised; at Cedar
Rapids. Iowa, about $40. 600; at
GAINESVILLE, Wisconsin, about
$l4, 600; in Bottineau county
about SOL, 600; in Duluth, Mimi;
about $40, 600.
TwinPeaks Mining and Mill
ing Company, York, Arizona,
has been quoted on,the mining
market in both Chicago and
Milwaukee, up to 6212 cents
per share. The company price
is 70 cents. | have some few
thousand shares left that was
sold on contract in 1910 that |
can deliver at the old price of
80 cents per share while it lasts.
! have beautiful views of the
mountains in the vicinity of
Twin Peaks, showing the COM
pany holdings; also maps and
samples of the different char
acters of the ore taken out of
the Twin Peaks mines.
&. H. Bryan, cyanide metal
lurgist, who designed our mill,
states that the Twin Peaks
camp is located in the heart of
the richest mining throw of
mineral in the world. He
marked on the map between
Arizona and New Mexico a
strip of country taking in ap-
proximately 100 miles on each
side f.the line ard about 60
miles wide which he declares
statistics shows this amount of
country has produced more
millions than. any other like
amount of ground i'm the world.
Fourteen miles northwest is
the Clifton and Morenci district
which has produced over $1l5,-
600, coo. The main producing
companies of this district are
the Arizona Copper Co., the
Shannon Copper Co. and the
Detroit Copper Co. These
three companies have paid over
$50, OOC. 600 in dividends. The
Arizona Copper Company alone
has paid over SIG, 600. coo in
dividends. So many people
think there will be so much
stock sold in the Twin Peaks
that small holders will not
realize anything worth while
on their investment. Com
parison will show that this is
not the case. The Arizona
Copper Co. has :, 1856, 1877 shares
outstanding with a par value
OF $l.2O. The Twin Peaks has