Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-09-23
Premier Oil State Amazes
World Again by Richest
Metal Deposits Ever
Known.
THOUSANDS ARE MADE RICH
Many Mines Earn 100000 to
100000 Monthly; Okla
homa City Man Made
Nearly $2,O00,000.
OKLAHOMA CITY, Okla. Sept 22-ot.


lahoma seems TO delight in startling the world
with her vast wealth or ating resources No
sooner has she achieved the position of the
greatest oil producing state in the Union,
ping I'M 5000 900 900 Annually from this
source and jumping herself bodily into
seventh place as an Income tax paving state
than she steps in and takes first honors as
lead and zinc mining state.
The Pioneers who q couple OF years ago
prospected with drills for The rich faces OF
ore now Welding millions Of doI'ars hoped
perhaps to find another Joplin. Webb City
district, whore ore in plentiful bodies would
What they did find was The richest boav
OF lead and zinc ore known in all the world
the stuff running from iOe5 TO 100 and in
some cases 0oS lead and zinc
The three wise men who discovered tho
field bought lenses right and lcf, p
Robinson. George l.. Coleman and c. NJ
made miionaircs as are l.. G Church and
T. +. Lennon. who entered the field in il,
early days. They still own many hundreds
Of acres of leases Some Of these have made
and sub.leased
The small h,ock Of 10 acres upon which
the frmous Ramage Mill now stands was
purchased at the enormous price Of si25. 900
sum in lead and zinc per annum. In fact
many mills earn This much monthly amony
them is one dose nv the Montreal Anotbar
is the Blue Goose about a bnlf mile 10 Tho
D.
during its first three months
The landscape around Century is mass
OF mills and shafts and in this small district
OF not more than mile In radius are most Of
the richest mines in the old Miami district
They. inclmde such famous properties as the
Jaybird. Woodchuck, ShorthOrn Vinegar HILL
Luck Bill, Croesus, Admiralty and score or
more OF others. In this same neighborhood Is
the famous Welch property, in which A. L.
Welch OF Oklahoma City. its chief owner, 10
said to have made about 50 100000,
IL was right In this district, within y Of
mile from practically all Of the above rich
properties that L. e.. Mile. an extensive
gram dealer of Miami, picked forty-acre
lease as The best property in the field, when
the development was in its early stages. Mr..
Miller has deaf in many other leases, but
reserved this one to develop himself Re
Gently, with group OF prominent business
men IN oklahoma CITY, he mas organized the
Miami Metal Company TO sink shafts and
oulId mills to tap this rich land.
The company is incorporated with an
authorized capital OF 100000. The Of
hcers and directors are among the
most prominent and best.known men in
Oklahoma, including II. d. Chandler, Presi
dent member OF the firm of Nichols and
uhanhier: oklahoma city home builders;
Wells w: Miller Secretary; J. l.. Sadler,
Vice President; G. A. Nichols, Treasurer, and
Paul NJ. Pope, Counsel. II these gentlemen
turn mp few months hence. among the
Miami lead and zinc millionares, IT viii be
no more than has happened to men who de-
The COMPANY owns in addition to the re.
markable forty in the heart OF the biggest
mining district several other leases almost
as good The first effort. however will be
made in developing this forty acres which il /,
estimated should easily earn 80 600 600 q
year, figured upon the most conservative
basis A l0OOton mill. working in only
l5o, ore. will turn out about AZ tons OF
lead and iii tons OF zinc concentrate daily.
tos for II the zinc III am and '0G dedacins e @ So 81 tom
for mining and milling expense and 17h96
royalty. the daily net earnings will run about
81, 900 a day, or approximately 50 900. 900 .
year. These estimates are figured on only
l5ob ore while IL Is well TO remember that
many mines find faces OF ore running from
20o5 to 50e;
1t is easy TO see how this company should
soon enter the class OF huge dividend payers,
since its entire capi.ai stock Is only 100000.
should easily realize $40 for 81 a year on
their Investments. Think of sI0O netting one
an income Of $1,000 a year Such stock
should have a marketable value OF at least
That the company is a safe. sound PROPOSE.
ton seems proved beyond ali doubt by tho
liberal endorsement given it's officers and
directors by, several q the lsrses, bank. in
the Guaranty state, the Wilkin Hale State
banks all Of Oklahoma City and the First
National Bank OF Miami Mr. NJ r. Tidwell,
cashier Of the Miami bank. saws; 1--WE have
known L. A. Miller for years and have done
much business with him. We have found him
to be absolutely straight and reliable. We
think the property is bound to become one
OF the best in the Century Camp
ANY one who knows the wild stampede
for leases, subleasos and any sort of promo.
sitions enabling operators to get into the rich
part OF this district, will readily appreciate
now rare is the opportunity TO share in the
profits Of so rich a lease rs the forty held
by the Miami Metal Company, at so late a
date. II is only because Mr.. Miller who
was on the ground and had his eyes open.
secured this lease months ahead Of the