The Sunday Oregonian., October 21, 1906, PART THREE, Page 39, Image 39

39-
SULLIVAN STOCECS ALL MONEY MAKE
RS
$875.00 EARNED $700.00
IN SIX MONTHS
133 Per Cent Profit on Indian Camp
83 Per Cent Profit on Jumping Jack
18 Per Cent Profit on Stray Dog
The Sullivan stocks, promoted in February,. March and April, are now standard securities,
heavily traded in on the San Francisco, Salt Late and Goldfield Stock Exchanges and on the Jer
sey City curb, and command premiums as follows:
Price Today's . Profit
Company . , " ' ' Date of Paid by Market Per
Promotion Public Value' Cent
JUMPING JACK February, 1906 30 55 , . . S3
STRAY DOG ..March; 1906 55 65 18
INDIAN CAMP April, 1906 30 70 133
1000 shares Jumping Jack at 30 Cost" $300, now worth $ 550
500 shares Stray Dog at 55 Cost $275, now worth $ 325
1000 shares Indian Camp at 30 Cost $300, now worth $ 700
Cost $875, now worth $1,575
OUR FALL PROMOTIONS
WILL REPEAT THE
PERFORMANCE
HERE THEY ARE:
Eagle's Nest Fairview Mining Co. ..... 35c Per Share
(Oversubscribed)
Lou Dillon Goldfield Mining Co. . . . . . 30c Per Share
As-You-Like-It Manhattan Mining Co. ; . ' 25c Per Share
The promotion of the Eagle's Nest Fairview Mining Company, which was the first to be an
nounced by us early in the month, has been oversubscribed, and unless you can get some of this stock
from your broker if he be among the fortunate ones who obtained an allotment early it will be
impossible for you to buy any stock in that company except at an advanced price on the San Fran
cisco Stock Exchange or on the Jersey City Curb, immediately after listing, wliich will be in the
course of a week.
This is our first announcement of the promotion of the Lou Dillon Goldfield Mining Company,
and from the number of subscriptions already made by mining men on the ground, it is apparent
that this issue will also be oversubscribed.
"As-You-Like-It Manhattan Mining Company stock is also being taken rapidly by those who
have profited extensively by their investments through us in the Manhattan last Spring, and sub
scriptions are now pouring into our office from every direction. :
' The same management and directorate control all three companies.
Reservations should be made by telegraph to insure consideration, and remittances in full by
bank draft or certified check must be forwarded immediately after allotment is made. Otherwise
allotment Ul be rendered void. The right is reserved to reduce or refuse any subscription tendered.
ADJOINS GOLDFIELD SILVER PICK 1200 FEET FROM GOLDFIELD MOHAWK
(SELLING AT 94c PER SHARE) " ' (SELLING AROUND $4 PER SHARE)
, 800 FEET FROM THE GOLDFIELD COMBINATION
(PAYS 240 PER CENT PER ANNUM DIVIDENDS)
LOU DILLON GOLDFIELD MINING COMPANY
This Is the First and Last Offering'
of Treasury Stock
We Are Already Deluged With Subscriptions
It is your only opportunity this year to buy into a promo
tion of a close-in Goldfield property on a ground-floor basis.
You must act quick if at alL
30 Cents Per Share
Capitalization, 1,000,000 Shares Par Value $1.09
Treasury Stock 350,000 Shares
President. HON. JOHN SPARKS
Governor of the State of Nevada.
Vice-President . JOHN D. CAMPBELL
Mine Operator and Consulting Engineer. ,
Treasurer .. L. M. SULLIVAN
President of the L. M. Sullivan Trust Company.
Secretary JAMES E. DEGAN
Cashier Nye and Ormsby County Bank of Goldfield.
Counsel GEORGE D. PYNE
Attorney-at-Law, Goldfield, Nev.
The development of the Mohawk into one of the greatest
gold mines of the country, with a record production of from
$500,000 to $1,000,000 per month, has attracted the attention of
capitalists and big operators to the immediate territory adjoin
ing Goldfield 's famous bonanza. This has resulted in the con
summation of several important mining deals in contiguous
acreage, one of the most important of which was the purchase
of the Lou Dillon claim by a syndicate of Nevada capitalists, in
cluding L. M. Sullivan, of the L. M. Sullivan Trust Company,
Peter Grant, of the same institution, Governor John Sparks, and
other prominent mining men. The price paid for the valuable
acreage was large and two days later could have been resold at
300 per cent advanee over this figure, but the offer was spurned.
The purchasers have incorporated a company to take over the
property and exhaustively develop it with a view to making it
one of the great producers of the camp.
The Lou Dillon property, comprising approximately 19
acres, adjoins the Silver Pick estate on the west and is not
more than 1200 feet from the great Mohawk. Developments of
recent date on the Silver Pick have been of sufficient impor
tance to give great value to the Lou Dillon, aside from its con
tiguity to the Mohawk. At least eight leasers are actively en
gaged in developing Pick ground and are making a mine show- .
ing that indicates that the property will soon take rank with
the great bonanza mines of the district. On a lease, which is
within a few hundred feet of the Dillon, several veins of high
grade ore have been encountered that carry average values of
from $70 to $340 per ton. Sinking is being done as rapidly as
possible in order to open these veins at the same depth at which
the great Mohawk ore bodies were disclosed. According to
their pitch and trend they come together on the Lou Dillon
ground and, with every degree of certainty possible, it is pre
dicted that when they meet they will form a tremendous deposit
of high-grade ore.
At least four ledges of gold ore have been exposed on the
Lou Dillon ground that have their apexes within the boundaries
of the claim. Several of these it is believed are making history
for the Silver Pick, into which they pitch, and from every view
point the property may be said to present all the earmarks of
a great, high-grade gold mine. The fact that the four ledges
disclosed apex on the property is of far more than transient im
portance, as it precludes any possibility of a legal controversy
over extra-lateral rights.
Exhaustive development work will be inaugurated at once
and prosecuted with every energy to make of the property an
other Mohawk. Lying in direct line with the great ore zone
that strikes through the Florence, Jumbo and Combination,
then through the Mohawk and Red Top, and enters Columbia
Mountain, the property that forms the estate of the Lou Dillon
Goldfield Mining Company, together with the Silver Pick, is
looked upon to furnish the next great sensation in the way of
development of the district, as it seems practically a certainty
that the great ore bodies of these famous bonanza mines must
continue into the adjoining territory so strongly defined and
permanently formed are they.
"With reference to the deal and the practically unlimited
possibilities of the Lou Dillon, the Goldfield News of October
6 said:
"The district lying immediately north and east of Goldfield,
and adjoining the town, promises to be the greatest producer
of gold for' the. area known to the mining world. It is the
general belief that the ore bodies of the great Mohawk underlie
the Silver Pick and other ground further north and west, and
this belief is emphasized by investors who are greedily gobbling
up the choicest ground in that vicinity that can be had. "
"Some days ago Hayes and Monnette, owning the famous
Mohawk lease bearing their name, purchased the Esmeralda
claim, and now follows in quick succession the sale of the Lou
Dillon, the Morning Star, the September claims and the White"
Rock group. ' ' . .
"The L. M. Sullivan Trust Company were the fortunate
purchasers of the Lou Dillon claim. This company has been
operating in Manhattan; Fairview, Bullfrog and other districts ;
but when they found that the Lou Dillon claim could be had,
even though at a princely price, they took it on, and have al
ready organized the Lou Dillon Mining Company to operate the
ground. The Lou Dillon lies immediately west of the Silver
Pick and adjoining it, and endlines the "White Rock group on
the north. The Silver Pick is being worked by eight sets of
leasers. The Lou Dillon has two sets of leasers at work on its
own account, under the manager for the Sullivan Company.
"The Lou Dillon is one of the best pieces of ground, pros
pectively, in this immediate section. It shows four distinct
ledges, all dipping to the southeast toward Silver Pick ground,
which they will undoubtedly enter at depth. The four shallow
shafts on the Lou Dillon all show these veins to be carrying
values. The two leases are promising prospects. The Irvin
Porter lease is down 45 feet and has values running from $10 to
$14 across a 7-foot vein. The Lindsay lease is down 70 feet and
assays have been had running as high as $28. This latter lease
is only 100 feet from the Silver Pick sideline. Company work
ings will be started and pushed with the customary Sullivan
energy, and Jack Campbell will get ore if there is any in that
particular part."
Although this is the first announcement of the purchase by
us of the property and the organization of the Lou Dillon-Gold-field
Mining Company, the initial offering has been practically
subscribed for in its entirety. "When the news first became
known brokers of Goldfield, San Francisco and Eastern centers
of finance immediately began wiring orders for the stock, and in
all the history of quick promotions this one stands pre-eminently
as the most successful. The first day after the perfection of
the incorporation, we sold to the most discriminating investors
140,000 shares of stock, the subscription price being 30 cents
per share. There remain but a few thousand shares in the
allotment to be disposed of, and for immediate returns and
future developments making for dividends there is not an issue
we-know of that holds out greater assurances. Like Eagle's
Nest and As-You-Like-It, the Lou Dillon-Goldfield will be listed
on the principal exchanges at San Francisco, Goldfield, Salt
Lake and New York, and there is not a doubt in the world that
it will advance immediately to 75 cents or $1 per share. "With
out reservation and in the highest terms we present Lou Dillon
as a mining stock that is representative of every known good
quality that might attach to a gilt-edged security and we ur
gently advise its purchase at the initial price, which is not more
than the actual value of the bare ground.
L. M. SULLIVAN TRUST COMPANY
Goldfield, Nevada
losing Trade in Far East.
Wllshlre's.
Already the Japanese dorrfination of
the Asiatic markets Is beginning to show
In the trade returns. During the first
seven mtmths of the last year our capital
ist sold goods to China and Japan of
the value of $78,000,000; for the first seven
months of this year they had fallen to
$43,000,00), a decline of (3.003,060.
Sales to Japan show a falling off par
ticularly in those articles which the Jap
anese now that their time Is not being
taken up in fighting Russia are commenc
ing to manufacture for themselves and
their neighbors. The importations of cot
ton cloth fell from $780,000 in 1905 to
$25,000 In the present year. Electrical
machinery from $950,000 to $410,000.
Locomotives from $1,180,000 to $84,000.
and canned beef from $1,255,000 to
$8478. These figures are given for the
corresponding ' seven months of . 1905
and 1906. What words will they find
to express the condition a few years
from now, when Japan has perfected
her plans for government ownership
and direction of industry, and cheap
Japanese labor expended on the most
perfect machinery makes competition
in the Kastern markets practically impossible?