Wednesday, May 20, 190$
THE SUMPTER MINER
11
A PROMISE FULFILLED
THE GOLCONDA'S IMPROVEMENTS
NEARLY COMPLETED, &&&
WHEN THE GOLCONDA CONSOLIDATED HOLD MINES COMPANY
mado ita promise to investors last fall, It Intended to live up to thorn.
Whou this compauy put itsolf on record nud said "WE WILL," it
meant to do these things and IT HAS FULFILLED THESE
PROMISES.
Novor haa tho Investing public had h hottor opportunity of putting money into
a first-class mining proposition than that offered by tho GOLCONDA. From a rich
mine needing Improvements it haa been evolved into a great mine already entering
upon ita period of GREATER PRODUCTION.
WHAT THE GOLCONDA CONSOLIDATED GOLD MINES COMPANY HAS DONE
It ia not what a compauy promlsoa that counts; it ia what It does.
Tho Ooloouda Consolidated Gold Miuoa Compuuy (loos not come boforo luvostors
now with moroly what it will do. It can toll what it HAS DONE.
Tho Milling Plaut is now ruuulug to ita fullest capacity 20 stamps, 12 Johuaon
Concentrators and a Rock Breaker, and it ia roduoitig -
100 TONS OF ORE EACH 24 HOURS
During January tho compauy Installed an additional 80-H. P. Phoenix Doilor,
equipped with a Cameron pump aud au American 80-H. P. feed wator heater.
During January, also, waa installed a 10x14 70-H. P. VULCAN GEARED
HOISTING ENGINE, equipped with a BOLTHOFF INDICATOR aud a No. 2 SINGLE
DECKED CAGE, hung with a J,' inch plow stool wlro cable.
THIS HOIST HAS A LIFTING CAPACITY OF 0,000 pounds, 400 foot PER
MINUTE nud la ADEQUATE TO ENABLE WORKINGS TO THE 1200-FOOT
LEVEL. ' -'
Tho old track from tho tram 600 foot in length was taken out aud n now track
of No. 12 steel was laid aud tho tram has loou carefully balasted.
NEW CARS havo "boon purchased to ouablo tho company to carry Its oro from tho
mine to tho mill by tho traiu load, thus greatly facilitating tho matter of transportation.
Aa motlro power a horso or a small oloctrio motor operated by trolley wlro will
bo used; r ,
The company haa 700 cords of wood, 0,000 lugglug aud 10,000 lluoal foot of . ,
pooled tamarack stulls on its property. " . , ,
DEVELOPMENT WORK DURING THE MONTH OF JANUARY
During January tho following workings wore driven: , -.
00 feet of drift iu tho tunnel level; ' "" '"""
70 foot of crosscut lu tho tuuuol lovol atopoa; . ....
40 foot of drift on i tho 100-foot lovol; . .' ;?',",'
40 foot of crossout on tho 100-foot lovol; v j ''
20 foot of drift ou the 200-foot lovol; ' ..- '' ' '
30 foot of drift on tho .100-foot lovol.
Tho work of deop sinking will bo coutiuuod uutil tho
' oponod to tho 1200-foot lovol. '
GOLCONDA STOCK AND THE CONSERVATIVE INVESTOR
GOLCONDA Stock has lieon aud Is tho stock of tho cousorvatlvo investor. - Ita
tremendous Improvements, ita original known valuo and tho fact. that it will declaro u
dividend in April, aro proofs enough of its Intrinsic valuo. Nowhere In tho world of "
Investments is stock backed by more tanglblo worth tlmn it is in tho Golcouda ml no.
This stock ia COLLATERAL; it ia secured by enough gold oro to pay dividends fof a
generation, aud a milling and hoisting plaut well able to turn tho lutont wealth Into
niotalio gold. r '
Aa ilscal ngont I havo uovor hesitated lu publicly oxpresslug my utmost cbnfldeiico
in tho f uturo of this groat mine. I havo always considered .tliut, tho work accomp
lished by Messrs. English aud Sou was merely preliminary. I consider tliolr de
velopments more scratchiugs that proved tho valuo of tills property.' Their work mado
a fortune for thorn, but tho real values aro now bolug uncovered and tho enlarged
plant will increase tho production of this initio whore it will puy dividends eom
mousurato with its minora! wealth.
Stockholders buying stock prior to tho declaration of divideuds will rocolvo tholr
proportionate sharo of tho earnings.
THIS IS STOCK IN A PRODUCING MINE THAT IS READY TO PAY DIVIDENDS
Investors who recognizor valuablo security should procltro stock .NOW. Tho
Golcouda has been brought up to au industrial period aud is in ho same ranks as . aro
tho larger aud moro prosperous manufacturing outorprlsos of tho country.
If YOU wish furthor information ou ths mine, or wish .to make your Investment
while Golcouda stock romalua on salo, addross'all communications to
ivi i
oro
I
bodies havo boon
l EL
EL
S. O V I T.T
FISCAL AGENT
M. THIRD FLOOR MERRILL BUILDING, MILWAUKEE, WISCONSIN.
New York Office, Suite 120, 280 Broadway. Boston Office, 831 Boa rd of Trade Building.
Pittsburg Office, 700 Penn Building. Sti Louis Office, 417 Odd Fellows Building.
WRITE ME TO ANY OF THE ABOVE OFFICES.