The labor advocate. [volume] (Cincinnati, Ohio) 1912-1937, 1916-11-18
MINING INVESTMENTS

One of the most fascinating and, at
the same time, the most remunerative OF
investments. is one in an established and
producing Mine, whether it be gold, sill
ver copper or coal.
Mining investments in the precious
metals and in copper are at present at
tracing a tremendous lot of attention
throughout the country because of the
enormous profits reported in the Mining
Industry. For the eight months ending
August 81, 1916, about $50 mines paid
dividends to their fortunate stockhold
ers aggregatlng the enormous total of
S170.00O000. This is only a portion of
the dividend paying mines in America as
a large number are privately owned and
make no report OF earnings. No other
industry, whether it be banking, manu-
featuring or merchandising shows such
substantial and consistent earnings.
Many of the mining stocks have increas-
ed 1000 per cent in market value in the
past three years, in addition to return
ing handsome dividends to the lucky
owners of the stock 1t is believed that
mining stocks are more widely dis
tributed in small amounts than the
stocks OF any other industry.
There is little need of taking much of
a chance in selecting mining investment.
The principal requirements are to be
sure that the mine is actually a de-
veloped and producing one, and under
competent management. with an ample
supply OF paying ore in sight If these
conditions are present then the opera
tons can be planned, estimated and car
ried on with all the precision and ac
curacy Of reaping and marketing d grown
crop of wheat, corn or oats. 1t is simply
a matter of breaking down the ore in
the shafts and on the Levels, bringing
it to the surface, putting it through the
stamp mills or smelter, and selling it i'll
an eager market at the prevailing prices
for gold and silver
A large number of Ohio and Kentucky
men and women are interested in The
Gilpin-Eureka Mines Company which
owns six mining claims at Central City
Colorado, about forty miles from Den
yer. The Gilpin-Eureka is a developed
producing gold and silver mine, being
operated now on six levels down to
about $50 feet below the surface in rich
ore bodies. More capital is being raised
to sink the present shaft 400 feet more
and double the present Mill capacity of
forty tons per day The opportunity to
become interested with the 400 present
stockholders of the GilpinEureka is set
forth in the advertising columns of this
issue. The officers and directors are:
President, Senator A. f. Stricklctt. OF
Covington, Ky; NicePresdent and
Treasurer, George w. Plat, of Cncin
matt; Secretary, Dr. +. Roudebush, of
Covington; General Manager, +. l..
Clark, of Central City, Colo, these, with
Martin NJ Durrett, L. s. Referee in
Bankruptcy of Covington; X +. Relche,
Jeweer of Denver, Colo; Harry +.
Smith, Broker of Cincinnati; and w. p.
Marchbank. of New York City, CON
stitute the Board of Directors.
The Company has just run into pay
ing ore Of high value in gold and silver
on the 6OO-foot level. Assays by G.. w.
Scifried and w. Simonson, Assayers of
Cincinnati Ohio, show values of $50
per ton in GOLD and silver. A ncighbor
ing Mine to the GilpinSEureka, the Gun.
nell Group. is being operated at 1,S00
feet below the surface of the earth and
has produced gold and silver to the big
total of SS.000,000. Colorado is the
richest and largest gold and silver pro-
ducng State in the world. The total
production last year in Colorado OF gold
and silver was about S30,00O,0OO. The
Gilpin-Eur eka Mines Company has pre-
pared very interesting and valuable cir
cular describing the Company, its prop
erty and How Gold is mined. Free
copies may be had on application to the
Company's office in the Fourth National
| Bank Building, Cincinnati