The Oregon daily journal., August 20, 1908, Page 11, Image 11

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THE OREGON DAILY JOURNAL, PORTLAND, THURSDAY VENING, AUGUST 20. 1908.
11
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ii
iltiiiift NIGHT HAWK
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t
The Niglit Hawk, shown hflow, lnu!d
alone, wit liout any otlicr linldiups the com
pany lias, put the stock to a price far ahovo
the present price, "liooth," ulnch aljoins
the Ai'ht Hawk, is now around 4Sc . the Oro,
adjoining, is selling near t he l"c mark; I.a
goona, just south, is above a dollar, and th
Red Top Consolidated, just a fe.v hundred
feet south, is one of the sensations of the
camp. With such mines as the Kewanas,
"Laoona." "Sand Storm," "Kendel," "l'.lack
Hutte," "Hlack liutte. lionanza," "I)iamon!
I;iell Daisy" and many tit her valuable prop
erties on all sides why should we not claim
the Night Hawk to he a great property? We
have a two-year lease, with a well equipped
plant. Our shaft is 'i'M) feet deep with about
tiu feet of crosscut. We will sink the shaft
2(H) feet deeper when we feel sure we will
get the same ore as the Red Top Consoli
dated, as their ledge is beiiexed to be the
same as ours. Keep your e e on Night Hawk
workings.
rui
we
(Goods!
The pay streak in the operations of the Butte Boys Consolidated Mining Company is no longer a myth, but a reality, and rapidly
occurring events point to the fulfillment in the near future of the long cherished desires of the stockholders in this enterprise. Ori
Saturday, August 15, we received a telegram from our foreman saying: "We are taking out $140 ore on our Lida lease." A later;
telegram says: "Lida first class ore runs $300." This Llda lease is a little surprise we have been saving for our stockholders. On!
Manager Bever's last trip to Goldfield he secured a three-year lease on the Centennial mine at Lida, a short distance from Goldfield,
for which the company had been negotiating for some time. This property is equipped with a steam hoist and paraphernalia, 100 cords
of wood and an abundance of water. At the present time we are following a 13-foot ledge at the 80-foot level, and a mill test of
wagonload of this ore ran $211.19 to the ton. This fact alone, had we no other prospect in the Goldfield region, should make everjj
stockholder's heart beat with anticipation. Time and development alone can only determine the extent and value of this property.
We are following this ledge straight into the hill, and every foot we crosscut gives us almost a foot in depth, and with only an 80-foot
lift we should easily be able to take out a hundred tons of ore per day, and should the ore not increase in value with depth, the
present average would give $14,000 worth of ore per day, or $98,000 peY week, or $392,000 per month, or $4,704,000 per year, and three
times this amount for the term of our lease, so at a glance we can see what the possibilities of this property are. This is what we,
have at Llda, to say nothing of the Butte Boys claims, the Floren ce lease, the Night Hawk lease, the Silver Peak property and the
Hart claims. We believe we can and expect to make the Butte Boys one of the greatest mining companies in Nevada. We have mi
dead properties "to show on paper." We don't buy them and hav e no stock in that kind to sell. Money received for our stock i.
used to develop the interests of our stockholders "the secret of Biutte Boys' success."
isires at I
JWimiAWK M'M. .;
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Cemits Per Share
You arr perhaps asking why we want to sell any stock at all if -we have the showing here we claim to have, which is a natural curiosity. The factf is, we do not have to advertise
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mV i. """y wc ""ucu vaynanoLo wiiu oi.e lul j""- niani-c a3 una. oi mia woum nor De tair to our stocunolders, who have borne the burden of the development to the Dres
ent. Many another corporation would have taken the capitalists monev and not Piven the smaller stockholders a chnnr tn rnm in fnr an, rr-. ... r: : , .. 1 . . .
l. ,,, . . . . rr V j u i r ."w.t. mi a 3 wc m wucn wc ursi meorporatea tne fiorenee central company,
had decided on a unique venture in floating mining companies and we desired the poorer class of investors to make monev in preference to thnxr who a1rarf,7 3 uri., j n i u
we
HaoI fairl,, or, ennor.!,, V, tir !i:.1 .1. Ui:- 1 J ...l... j . . , T J J" ""Y wiuiiiwuuu ail aiUIIE llda UCCI1 IW
v" 7""" vuuuy. vc tan t.uiia,iciiiiuuoiy aiaic ui i wC ucucvc wC nave uuuc una. nuw, wny uo we sen more stocK." simply to guarantee our payrolls for the months of September and October We
are going to make a shipment of ore in a few days to San Francisco and it may take as long as 40 days to get returns from it, and in the meantime we have a large force of men at work and these men will not wait for ther
money, and we never ask them to do so. Again, and this is another secret, after Sunday afternoon at 6 o'clock no more stock will be sold from this office, for we are listing this stock on the San Francisco and Goldfi-ld stock
exchanges. This listing will soon be completed, and when it is all stock must be sold through the exchanges. Are you a stockholder and want to increase your holdings? If you are not do vou want to become one'? If bo
you must act quick. We are only offering 35,000 more shares, which, if taken at all, must be taken before Sunday evening at 6 o'clock, as that will insure our payroll for the next two months. You may buy by pavine one
half down and the remainder in thirty days. v Viay uuy uy paying uuc
lemesiifo
Jj SALE CLOSES SUNDAY, AUG
O I UST 23rd AT 6:00 P. M.
FJ.OREH-CE QVJSEN 7 TUOFLE , r,0
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The Florence Centra
Now just a word about what we hope will
prove to the our greatest property, the Florence
Central. There are many things which go to
make this a desirable investment. The first
is its location in the lidst of so many rich
producers. Another is the favorable terms of
our lease, the amount of development work
already done when we secured it, and the im
minence of striking pay ore at any turn of the
shovel. Instead of having to do four or five
months' dead work in sinking on this prop
erty, we went right to work on the 400-foot
level, with mining machinery and everything
in readiness to make the most of the time
limit. W'e are working three shifts and are
crosscutting at the rate of seven or eight feet
per day toward the contact of the Bee
Fraction ledge, where we believe we have one
of the bonanzas of the district, and not with
out reason. We already have tapped ledges
which go from $6.40 to $48 to the ton and a
tew isolated ones which go very much higher,
and tin's is exactly the formation which all the
other big producers surrounding have passed .
through.
Look on. the accompanying map and note the rich
producers surrounding us on all sides. The Engineers'
Lease has declared the third dividend within the short
space of two months, aggregating a total of $270,000.
V. Florence. Leasing Co., Hall Lease. Rogers Syn
dicate Lease, Pollard Florence. Aureha. Florence An
nex. Otieen Florence, Gem Florence, Habv Florence,
are all proven properties. It i easy t-i see how close
we are to "real richness," and we are expecting to re
ceive word any day that we have struck the "high
crade." And in all fairness to evervbody concerned '
we must say that whenever we do Strike "pay dirt."
whether it is tomorrow or next month, there will be
no more stock for sale.
k Butte Boys Comisrfidlatecl Mmm
The Citizens Bank of Portland will register all
Ru'tte Boys stock. The American National Bank of
an Francisco will act as transfer agents in that city
and Lavis & Jewett will act in the same capacity in
Goldfield. All sales and business negotiations in the,
future, as in the past, must be conducted through the
home office.
Phone Main 5514
325 Chamber of Com
merce, Portland, Oregon
14