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North American Mining Prospectuses
Auction #16 Select the section you would like to view: Illinois, Indian Territory, Indiana, Kansas, Kentucky Maine, Maryland, Michigan, Missouri New York, North Carolina, Oregon, Pennsylvania, Texas Utah, Virginia |
UTAH BEAVER 939. Beaver. Beaver Lake. Skylark Copper Mining & Milling Co, c.1903. Lot of 3 different prospectuses. The company owned the Skylark group which included the Skylark, Ole Tipa, Oregon, Argo, Hermit, Maine, Buena Vista and High Point mines all located in the Beaver Lake district. The prospectus offers a short history of the district. Ore occurred at the contact between limestone and granite with average of 4% copper and varying amounts of silver and gold values. The primary claim was the Ole Tipa, which had a 225 shaft. The lot includes a Letter from the President, 1902, that shows that the budget from April 1901 to April 1902 has deficit of $76.80. This required an assessment to be levied on all shareholders. The assessment was expected to bring in $1500. This report is dated June 9, 1902 with assessment due June 28, 1902. Failure to pay resulted in forfeiture of stock. (It is amazing anyone ever invested in mining companies - vp). There are 2 copies of the Letters of the President. In 1904, the Skylark was purchased by the Utah United Mines Co. All 3 items are 4 x 9”. Very fine. Est. $75-150 940. Beaver. Frisco. Majestic Copper & Smelting Co, c.1903. Lot of 6 different pcs. This lot contains documents that outline the financial demise of the Majestic Copper Mining & Smelting Co and the reorganization to the Majestic Copper MC in 1904. The first is mailing to the stock holders, dated October 9, 1903. The mailing is 2 typed pages informing the investors that a Voting-Trust will be established to resolve the financial crisis that company was experiencing. This letter does not outline the depth to which debt had accrued and is an attempt a investor placation. The second item is a letter to stockholders informing them that the Voting-Trust was established per the company meeting held Sept 29th, 1903. One typed page. A third item is also a 1 type page sent to the stockholders. However, this letter is refuting the attacks of an angry stockholder, Mr. Q. W. Boese, who had contacted other investors about his believe of the poor handling of the company’s affairs and finances. This letter is less than flattering and is a down right vicious attack on Boese. The fourth item is a 3 typed page letter to the stockholders from the Mystic Defense Committee, dated arch 19th, 1904. The letter is informing the stockholders that the Voting-Trust has failed to raise a “single dollar” to help save the company, which was then in receivership and the committee was readying for reorganization. This letter damns the directors and committee that drove the company to bankruptcy and were offering the stockholders a terrible stock exchange with new company to be formed. This letter is a rallying of the stockholders to action by a group of investors who wish to replace the management before all is lost. This letter leads into the next item which is the official announcement of reorganization of the company to the Majestic Mining Co with new directors. The old management wanted to reorganize as Monarch MC as part of a merger with several other companies. This item is dated Sept 30, 1904, a year later after the first document about the financial collapse, announcing the expenditures over the 2 year period of the company’s existence, and that the receiver had been discharged and creditors were at bay. The new prospectus also outlines how the company got into financial trouble, clearly an attempt to be honest with investors and a valiant effort to save the company. 8 pages, original blue cover with red print. On the 6th page is a listing of the new officers and management of the company. One of these individuals is Henry Altman. This leads directly to the last item in the archive. A copy of a letter sent to the former president of the Majestic Copper MC, Mr. A. B. Lewis, datelined Sept, 1904, from Henry Altman, apparently after he and others were able to take control of the company. This 5 page letter is a scathing attack of Lewis, outlining the scandalous, unscrupulous tactics andschemes Lewis had achieved since about 1895. There is no mincing of words by Altman, who is clearly very upset. Altman includes a copy of a short letter sent to him around 1899 from a lawyer of A. B. Lewis. The wording in this letter borders on liable which Altman is able to refute with a copy of another letter from the same lawyer, sent at a later date, who apologizes for his slanderous comments. There is not enough space here to list the fantastic quotes found in this letter, or for that matter, quotes from any of the documents. Fantastic Collection!. All very fine. Est. $250-500 941. Beaver. Frisco. Majestic Copper Mining & Smelting Co, 1902. Lot of 2 different prospectuses The first prospectus contains 18 photographs of the different claims listed below. At the middle of the prospectus is a 2 page map titled the “Milford Frisco Mineral Belt” showing the property in the district with each claim lettered and a corresponding explanation. At left is a portrait of Mr. A. B. Lewis. At right are a few paragraphs offering a biography of Lewis. 40 pages, printed on glossy paper, original brown cover with red and brown print, 6 x 9”. The second prospectus does not offer the location of the mines or the entire title of the Company and is almost entirely made of testimonials from a group of men that visited the mines in 1902. The first page offers the names of the mine claims and indicates the plan to build a smelter and a new town site. There are several references to the Colorado Iron Works, but not why. It turns out that the Colorado Iron Works was the contractor who built the smelter, located at Lewisville, which was the company townsite and named after the first president A. B. Lewis. The 8 mine groups listed in the prospectus were described in the Copper Handbook, 1904, p.479-481. The O. K. was the principal mine and had about 1400 tons shipped by 1903 assaying at 40% copper, 7.5 ounces silver and $3.80 gold per ton. The Old Hickory had ore running 4% copper, with gold silver values averaging around $2 per ton. Harrington-Hickory had nearly 12,000 feet of workings with pits and shafts. Ore ran 25% lead, 2% copper, 50 ounces silver and $1 gold per ton. Vicksburg, Hoosier Boy, Copperfield and Treasure groups were basically undeveloped. ȁThe Majestic is a property of much more than ordinary promise, but has been very badly financed. A. B. Lewis…is said to have greatly interfered with the raising of funds by sales of his personal holdings…What the Majestic needs to make it the big mine that there is every reason to believe it can be made, is about $2 million is cash, and a capable management that can devote its entire time and efforts to development and operation, rather than to the matter of financing the property by sales of stock.” The Majestic Copper & Smelting Co was taken over by the Majestic Copper Co in 1903, and later by the Majestic Mines Co in 1904. However, as pointed out by the Copper Handbook, 1908, the original company was still in operation and a stand alone corporation. Very odd! 8 pages, 8 x 11”. Very fine. Est. $150-300 942. Beaver. San Francisco. Imperial Copper Mining Co, c.1903. Marketing letters and other correspondence. A convoluted story emerged from a simple check of the Copper Handbooks regarding this company. Checking the company arose from the second item in this lot - a typed, 2 page letter to the Editor of the New York Commercial Mining Department, 1904. The letter states, “These mines are known as the Imperial Copper Mining Co…were discovered, located and staked out by me (Ralph A. Hawkins), several years ago and I was the exclusive owner in un-disputed possession of the same. I met A. B. Lewis…and showed him my mines.” The letter goes on to described how a business relation developed between Lewis and Hawkings resulting in the incorporation of the Imperial Copper Mining Co. According to the letter, Lewis took control of the property and sold it to the Imperial Silver & Copper Mining Co which became the Monarch Mines & Smelters Co. Hawkins claims that the Imperial Copper Mining Co never existed as a legitimate corporation. The letter is signed by Hawkins. This letter inspired the check of the Copper Handbooks to see if there was merit to Hawkins claims. As stated before, this check leads to a convoluted story of company reorganizations, fraud charges and consistent officer changes without ever having a pertinent production. The Imperial Copper MC was reorganized by the Neveda-Utah Mines & Smelters Co, 1907, which owned property in Nevada and Utah in several different districts and counties. The infamous Thomas W. Lawson was involved with the Nevada-Utah Cons. ȁThe standing of the company has been greatly injured by its connection with the notorious Thos W Lawson, who concocted a very clever scheme with the rigging of the stock market, in March, 1907. On Feb 28, 1907, Lawson advertised, at heavy cost, that he was planning taking up Nevada-Utah, and, by clever manipulation, strung along the speculators for two weeks, but, on March 13, announced that he was through with the property, as it was not as represented, following this statement with another that he, himself, would double the market price, or thereabouts, to help out the speculators, and, of course, unloaded his holdings. The stock was sold mainly to street hawkers, newsboys, bar porters, scrubwomen and other unfortunates of similar caliber, who comprise the bulk of ‘Lawson’s Following’. These, as a rule, were wiped out completely, and the profits accruing doubtless went to the virtuous Lawson. The company states that Lawson took an option on a large amount of its stock, and allowed the option to lapse, this being the company’s version of its connection with the malodorous campaign.” (Copper Handbook, 1908, p.1027). The Nevada-Utah was bankrupt by 1910 and reorganized to the Consolidated Nevada-Utah. This company persisted through 1930, but the officers had changed hands in every Copper Handbooks (Mines Handbooks) published through 1931. 4 pages, printed on yellow paper, 8.5 x 11”. Very fine. Est. $100-200 943. Beaver. San Francisco. Royal Copper Mining Co, c.1902. Prospectus. The property owned the Cactus claim group in the San Francisco district. In 1902-1903, the company was merged, or bought, by the Cactus Copper MC, which was purchased by the Newhouse Smelters and Mines Co. The Cactus group of mines had changed hands often had never been successfully worked until Newhouse Smelters and Mines Co. Production began in 1906 with 125,000 pounds of copper. Like a skip on a bad record, Newhouse was viewed questionably and it was believed that production and assay values were exaggerated (Copper Handbook, 1908). 4 pages, 3.5 x 6”. Vf. Est. $50-100 BOX ELDER 944. Box Elder. Park City. Century Gold Mining & Milling Co, c.1900. A 3 page, no frills, typed prospectus outlining the facts of the company, minus assay values. The company claimed to own 10 claims: Laura, Marion, Lizzey, Century, Patrick, Century Mine No. 2, June Bug, Uncle Jim, Gold Star and Gold Star No. 2. Also owned to ranches and had squatters rights to a large chunk of “railroad land”. There was a 50 ton mill in place. The erection of this mill by the original owner of the company, Dr. White, drove him into bankruptcy and the company was taken over, forcing White out. In a legal document format, 8.5 x 13”, with staining of outer cover. Very fine. Est. $75-150 945. Box Elder. Park City. Flagstaff Bonanza Mining Co, c.1934. A one page prospectus for the Flagstaff mine located in the Park City district. The mine was situated near the Old Quincy (the most famous in the district) and other pertinent mines. The letter is soliciting investors with an offer to acquire 5000 shares for $125 paid over about a 8-9 month period of time. On the reverse of the typed letter is a note back to Chas. Moore, the promoter for Flagstaff Bonanza, from a C. E. Weeks, requesting purchase of 5000 shares, dated at top Nov. 21, ‘34. Fold creases. Vf. Est. $50-150 CACHE 946. Cache. La Plata. La Plata Consolidated Mining Co, c.1902. Prospectus. The story being sold in this prospectus is that a sheep herder found mineralized ore outcropping in veins. A camp sprang up and operations ensued. The Union Pacific RR stepped in and claimed the property was owned by the railroad and killed the camp and mining with continued court action. Three men prevailed, won the case against the UPRR, and secured all the property incorporating the La Plata Cons MC. By 1901, there was a 270 incline shaft and a 180 foot tunnel that was reported to have intersected several rich veins. The ore from the veins is listed as $54 per ton (of what minerals we are not sure). The company is listed in the Copper Handbook, 1908, p.865, as a being dead and was a bad egg. 4 pages, blue paper with dark blue print, 8.5 x 11”. Fold creases. Very fine. Est. $50-150 EMERY 947. Emery. Keg Springs. Utah-Nevada Copper Co, 1905. Prospectus. The company owned 900 acres in the Ked Springs district of Emery County. The company also owned lands in Wayne County, Utah, that had deposits of either coal, oil or gas. The Keg Springs property carried ore in a contact zone between limestone and porphyry. Assays were 70% copper, 30-50 ounce silver and $5-15 gold per ton. ȁMill tests of second-grade ore gave concentration of 6 into 1, ore treated being said to assay 18.8% copper, 4 ounce silver and 2 ounce gold, which would give concentrates of the exceptional richness of 112.8% copper. Owing to the serious dissensions, and complaints about the handling of the company’s affairs, the management was taken away from Wm F. Kendrick and associates, after work had been suspended for some time because the latter furnished no funds.” The company was dead soon after this entry in the Copper Handbook (1908, p.1383). The prospectus has a deep rich purple cover with blue print. At the middle is a two page map that shows the area surrounding the confluence of the Lower Green, Lower Grand and Colorado Rivers. Text is in black print with red accents. 3.5 x 9”. Extremely fine. Est. $100-200 GRAND 948. Grand. Sonoma. National Copper Mining Co, c.1903. Prospectus. Property included the National group located on Dry Fork of Onion Creek situated on the La Sal Mountains. There were 4 tunnels, the most elaborate is 344 feet long. The Copper Handbook, 1908, p.1007, lists the ore running 9.5% copper and 17.5 ounces silver per ton. Company was idle and presumably idle (Copper Handbook, 1906). 8 pages, 3.5 x 6”, original brown cover. Extremely fine. Est. $75-150 JUAB 949. Juab. Tintic. Boston & Tintic Mining Co, 1900. Prospectus. The company owned property between the Rabbit Foot and Star Consolidated companies. By 1900, a tunnel had reached 350 feet. The ore reported assayed at 48% lead, 160 ounces, and 0.04 ounce gold per ton. The 1910 Mines Handbook, p.462, list that there were 3 tunnels of 40’, 70’ and 103’ with assays of 1-3% copper, 20-55% lead, 25-45 ounces silver and $0.80 gold per ton. The company was idle since 1905 with a little worked report in 1909. 5.5 x 8” with original blue cover. There is a square cut out in the middle of the front cover and we are not sure why. 20 pages, fold creases near left edge. Printed by Tribune Job Printing, Salt Lake. Vf. Est. $50-150 950. Juab. Tintic. Carisa Copper & Gold Mining Co, c.1902. Prospectus. Owned 57 acres that included the Carisa, Northern Spy, Jim Fisk, Wolf, Miners’ Delight, California, Nevada, Lake View, Victor and Cordelia Orton claims. The brief outline of the property indicates that assays were 12% copper, 5 ounces silver and $1 gold per ton. However, the assay reports listed in the inspection report shows average values of 2% copper and lesser values of gold and silver. In the Copper Handbook, 1906, p.337, reports assays of 5% copper, 3 ounces silver and $2 gold per ton. Production, as reported in the Copper Handbook, was 600,000 pounds copper in 1904; 400,000 pounds in 1905. The company was planning on a 1.2 million pound copper production for 1906. Unfortunately, the company was dead by 1907 and taken over by the Carisa Gold & Copper Mining Co. 17 pages, with original cover. There are 10 photographs of the workings and ore bins, of which have 300-500 ton capacities. 9 x 11”. Extremely fine. Est. $100-300 951. Juab. Tintic. Dakota Mining Co, 1902. Letter to Stockholders. The company owned the Buckeye mine in the Tintic district. Ore was said to carry copper, lead, silver and gold but no hard numbers offered. This is more a response letter than a prospectus for the company. It would appear that this letter accompanied a subscription slip for stock purchase. Promoted by Brigham T. Cannon of New York with the company office in Sioux City, South Dakota. Frank Cannon, probably the brother of the promoter, was the president. Not listed in the Copper Handbooks and has the earmarks of a stock jobbing corporation. Foxing and minor tears along edges. Very fine. Est. $50-100 952. Juab/Utah. Tintic. Tintic and North Tintic Mining Districts Massive Cloth-backed Folding Map, 1932 of the compiled by the Chief Consolidated MC, Jan. 1, 1932. 1” = 800’. 52” long, 100” high. The Chief was a major mining company. They incorporated in 1909 (Arizona). In 1931 [Mines Handbook pp1822-1823] they reported that they held the holdings of 29 different mining companies including the Grand Central and Eureka Hill MC. They paid handsome dividends from 1913 to 1926 of ten to forty percent, but did not pay dividends in 1927 and 1929. In 1929 they produced $1.3 million. They produced about 40 million ounces of silver from 1909-1929, but were hurt by the drop in silver price in 1929 corresponding to the market crash. The map shows all of the surveyed and patented claims and which companies held specific claim groups. Outstanding research tool. Est. $300-600 953. Juab/Utah. Tintic/North Tintic. Tintic & North Tintic District Property Map, 1927. The map shows the claims of the Tintic and North Tintic districts, which has the Juab and Utah County line running through the middle. There are 3 companies featured on the map: Tintic Standard, Chief Cons. & International Smelting. The map was compliments of the Ralph A. Badger & Co Brokers of Salt Lake. 18 x 24” when unfolded. At the bottom left is a chart showing annual production of the Tintic district. In 1899, the gross value was $5 million. In 1907, that value jumped to $7.1 million and by 1926, the gross value had grown to $16.2 million. The total estimated production for the district up to 1928 was $305 million. The map has a small tear at the fold crease in the middle of the map. Very fine. Est. $50-150 PIUTE 954. Piute. Gold Mountain. Deer Creek Mining Co, 1902. Prospectus. The company controlled 2400 acres in the Gold Mountain district that adjoins the Annie Laurie. The Annie Laurie was the most famous mine in the Gold Mountain district. Reported assays ran from a trace to 100 ounces silver and $2 to $275 gold per ton. At the end of the prospectus is a full page excerpt from the Salt Lake Herald that discusses the Gold Mountain district, the Annie Laurie mine and the method of ore treatment. The first page is a stunning claim map of the Deer Creek Mining Co. At the top is the title of the company attractively laid out. Below is a shaded relief map with Township, Range and Sections marked. The property of the company is clearly marked in green, blue and yellow with red dashed lines marking out the mineralized veins. At the left of the map is a wonderful vignette of a stream running from mountains. 8.5 x 11”. Extremely fine. Est. $100-300 SALT LAKE 955. Salt Lake. Bingham. Bingham Souvenir & Promotional Book, 1909. Titled “Bingham, The Greatest Copper Tonnage Camp in the World” being a souvenir and promotional item published by the Bingham Commercial Club, printed by Tribune Reporter Printing Co, Salt Lake. An amazing 103 pages of photographs with at least 100 pages of text. Most are full page photographs showing all aspects of Bingham, Bingham Canyon and the district. Nearly every major mine is shown, many underground views, shots of the mill works and even group shots of the volunteer fireman. The last page has portraits of the Bingham Councilmen. 7.5 x 10”. Original cover. Inner pages are now detached from the cover. A great piece. Rare. Est. $100-300 956. Salt Lake. Bingham. Kennecott Copper Corp, The Utah Copper Story, c.1956. This booklet was published by the Utah Copper Division of Kennecott Copper Corp to highlight the nearly 60 years of mining at Bingham Canyon. There is a wonderfully written history of the district leading to acquisition by Kennecott and the eventual full development into one the world’s largest open pit mines. Included in the booklet are statistics of the decrease in the ore percentage, the massive amounts of dirt that has to be move to produce 1 pound of copper or even an ounce of gold. 10 photographs, my favorite being a three page fold out photograph of the Bingham pit. 31 pages, original copper colored cover, 6.5 x 10”. Minor wear to left edge. Very fine. Est. $25-75 957. Salt Lake. Bingham. Utah Copper Co Annual Report, 1915 & Souvenir Booklet, 1937. The 11th annual report states that the company produced over 156,000 pounds of copper, 36,760 ounces of gold and 371,700 ounces of silver which resulted from the handling of 8.5 million tons of ore. In 1915, there was still a proven ore reserve of over 345 million tons at 1.45% copper. 2 fold out maps. One shows a cross section of the pit, 11 x 15”. The other shows the company’s property, 22 x 24”. The report has other mundane operating information typical of an established, large company. 20 pages, original gray cover with raised copper lettering, 8.5 x 11”. Extremely fine. An attractive booklet offering a brief history of the Utah Copper Co. Several photographs with a 3 page fold out photograph of the pit. Original bright copper colored cover, 6 pages, 6 x 9”. Extremely fine. Est. $150-300 958. Salt Lake. Bingham. Utah Copper Co., 1919 by T. A. Rickard, San Francisco. 9.5 x 12.5”, 107pp, Abbott Press. Soft simple cover, “Compliments of L. S. Pates” on cover, which is rough at outer edges. On page 9 under the title, states: “From the Mining and Scientific Press of December 28, 1918”. Loaded with photos, maps and sections of the mines and camps. Owned by ASARCO and Kennecott. This was a world-class copper company, paying outstanding dividends, having produced billions of pounds of copper from 1916 to 1929 at the rate of more than 200 million pounds per year. They owned and operated the Bingham copper mine in Utah. [1931 Mines Handbook, p135-145]. This was the quintessential paper published by one of America’s most foremost and respected mining engineers on one of the world’s largest copper deposits. D. Jackling, the father of open pit mining, was the president. Contents VF. Ex Rare. Est. $300-600 959. Salt Lake. Salt Lake. New York Smelting & Refining Co, c.1902. Prospectus. The company was planning on constructing a 500 ton smelter in the Salt Lake Valley. The prospectus has an interesting layout design. Part of the brochure is of semi rigid paper that folds out to 8 pages with an attached thinner paper fold out. This insert is glued to part of page 78 slightly obscuring that page. 3.5 x 6”. Blue print on brown paper. Company not listed in the Copper Handbooks. Very fine. Est. $50-150 960. Salt Lake. Salt Lake. Weekly Comments and Market Letters, 1900. Lot of 6 different pcs. E. W. Young published these weekly Utah mining stock reports to promote his brokerage firm. On March 23, 1900, there were 2 strong stock performers: Centennial Eureka trading at $26 and West Mountain Placer trading at almost $30 per share. 4 of the items are all the same format being 4 pages and 6 x 9”. The last item is page which folds out to 12 x 15”. All are slightly worn along fold creases. A wonderful resource of the mining companies performance during the 1900’s. Very fine. Est. $100-200 961. Salt Lake. Salt Lake. Weekly Review of Mining Investments, 1900-1901. Lot of 3 different pcs. William H. Tibbals published these concise 4 page reviews of Utah mining companies stock prices. Tibbals was a broker in Salt Lake who was also a regular name on the boards of many a Utah mining company. The reviews are dated from February 2, 1900, January 25, 1901 and February 1, 1901. The format of the reviews are the same with a brief one page discussion of the recent happenings. The second page has a listing of the mining company and the exchange quotations of Utah mining stocks. In the February, 1901, listing, the Centennial Eureka was trading at an outstanding $25 per share. 6 x 9”. All very fine. Est. $100-300 962. Salt Lake. West Mountain. Bingham Consolidated Mining & Smelting Co, 1904. A concise, 3 page promotional flyer titled “Nearing the Dividend Class” put out by F. S. Colton & Co, Boston. The company owned the Dalton & Lark, Antelope, Brooklyn, Commercial, Miner’s Dream, Sampson, Old Hickory, Vernard, Bingham and other smaller claims and mines. The company also owned a majority of stock in the Tesora mine in the Tintic district and the Eagle & Bluebell MC. There was a plethora shafts, tunnels and workings on the properties with ore averaging 2.5% copper and gold and silver values totaling around $2 per ton. In 1902, production of copper was near 10 million pounds. In 1905, the company had increased production to nearly 15 million pounds copper, 1.24 million ounces silver and 29,000 ounces gold. Amazingly, the company was dead with the property being sold by the sheriff in 1908. Bingham Mines Co purchased the property. (Copper Handbook, 1910). Foxing along edges. Small tears along fold creases. Very fine. Est. $50-150 963. Salt Lake. West Mountain. Bingham Copper Boy Mining Co, 1903. Prospectus. The title of the gray front cover, with blue and red print is, “Results of Bingham Copper Boy Mining Co of Utah Excursion, Leaving Boston, May 6, 1902.” Most of the prospectus recaps the trip of 27 capital investors who traveled from Boston to Bingham Station in a specially chartered car. There are 16 photographs and sketches of the Bingham Copper Boy property and other prominent sites in Utah as well as poses of the men who made the trip. Three of the images show the famous Saltair Pavilion when it was in its full glory and opened. Today this pavilion is closed and falling into disrepair. The second half of the 32 page prospectus has testimonials from selected men on the trip. The Bingham Copper Boy property adjoined the Highland Boy of the Utah Consolidated Co. The property was considered very promising. Assays reported to the Copper Handbook, 1908, p.370-371, were 6% copper, 20% lead, 1.5% zinc, 18 ounces silver and $2.50 gold per ton, considered gross exaggerations. ȁMine has an 800’ crosscut tunnel and a 2000’ lower tunnel, with circa 6500’ of workings, claimed by company to put 1.5 million tons of ore in sight, which figures are excessive.” By 1908, the company was out of money and not considered to recover. 6 x 8”. Extremely fine. Est. $100-200 964. Salt Lake. West Mountain. Boston Consolidated Copper & Gold Mining Co, Ltd., 1902. This is a letter dated from Boston, 1902. The letter is in reference to stock in the Boston Consolidated Copper & Gold MC, Ltd, which was a British company which was the parent of the Boston Consolidated Co, an American based company, that operated the mines at Bingham. The Boston Consolidated Co produced 3.5 million pounds of copper in 1906. In 1907, the mines produced 6.15 million pounds copper, 78,000 ounces silver and 12,500 ounces gold. In 1909, the parent company and Boston Cons were purchased by the Utah Copper Co. (Copper Handbook, 1908, 1910). 2 pages with attached newspaper advertisement. Very fine. Est. $25-75 965. Salt Lake. West Mountain. Butte & Bingham Copper Mining & Development Co, 1900. Prospectus. The company owned claims in the West Mountain district near Bingham including the Snow Bird and Mirror mines. Both of these claims were reported to have short tunnels showing very rich gold and silver bearing copper ore. The prospectus does not offer an average assay value, rather reports assays from specific locations. Assays values were 0.5-12% copper, trace to $3.40 gold, trace to 90 ounces silver and as high as 73% lead per ton. 7 photographs, 3 of which are underground shots showing a miner in the claimed ore zone. There are 3 different maps of the claims and workings. This is a quote from the Mines Handbook, 1910, p.495, “Lands supposedly were in the West Mountain Mining District, but nor trace of operations thereon ever secured.” 5 x 6.5” with original tan cover and gilt lettering. Stain along top edge. Minor fold creases at left. Very fine. Est. $100-200 966. Salt Lake. West Mountain. Dewey Consolidated Copper & Gold Mining & Milling Co, c.1904. The prospectus is concise with only 3 pages, 7 x 8.5” with a map of the claims at the center of pages 2 & 3. There were 5 claims under its control that supposedly had a rich stand of timber with a value of $5000. The assays reported ran as high as 28% lead, 12 ounces silver and $1.80 gold per ton. The stock offering was only for 10,000 of the total 100,000 at 5 cents per share. Not a very large capital enrichment for the company. There were 2 women officers of the company, Mrs. E. V. Bryant, vice president and Miss Eva M. Branting, secretary of the company. There is some confusion surrounding this company. In the 1905 Copper Handbook, this company was listed as having the letter returned unclaimed from the office at Salt Lake City. But the Copper Handbook lists that the company had its mine property at Grangeville, Idaho County, Idaho. There is no mention of the Bingham properties. The company is listed as dead by 1908, Copper Handbook. A few pencil notes on inside. Very fine. Est. $50-100 967. Salt Lake. West Mountain. Lombard Mining Co, 1901. The title of this item is Report of the Lombard Group of Mining Claims.” The company owned the Nevada, I.X.L., Fire Clay, Copper King No. 1, Copper King No. 2 and Copper King No. 3. There was no development work done and the surface outcrops were extremely leached. The property was initially worked for clay that was used in fire bricks, later thought to be have metalliferous ores. The report was done by Daniel Kane. 2 page, typed, carbon copy in a legal document format. 8 x 13”. There are a few colored pencil markings. Very fine. Est. $50-100 968. Salt Lake. West Mountain. Mystic Shrine Gold & Copper Mining Co, 1903. Lot of 2 different promotional items. The property was located on the south side of Markham Gulch about 1000 feet from Bingham Gulch. Accompanying the prospectus is a letter sent to stockholders in late 1903 informing that the former company directors have exaggerated the ore values and driven the company deep into debt, more than $250,000 with $100,000 due immediately. The company was unsuccessful at reorganization with property being sold to the Intermountain Mining & Industrial Association (Copper Handbook, 1906, p.730). The prospectus is a single 6 x 14” that is folded four times and printed on both sides. The included sheet is 8.5 x 11” typed form letter. Both very fine. Est. $75-150 969. Salt Lake. West Mountain. North Utah Mining Co, c.1908. Prospectus. Incorporated in Maine. Owned 15 claims adjoining the famous Bingham mines. An average ore sample ran at 1.2% copper, 3.8% lead, 6.2 oz silver and 0.03 gold. In the 1908 Copper Handbook, p.1059, is the following quote, “No trace of operations secured.” This clearly got the attention of the management, because in the 1910 Copper Handbook, p.1318-1319, has a full description of the company and property. 6 pages, 8.5 x 11”. Tear at right edge affecting last 2 pages. Discoloration on front and back. Fine to very fine. Est. $50-150 970. Salt Lake. West Mountain. Red Wing Gold Mining Co, c.1899. Prospectus. The company claims to own the Red Wing property near Bingham. At the same time as this prospectus was published there was 2 other companies entitled Red Wing operating in the Bingham area. Only one of these had title to the Red Wing mine and that was the Red Wing Mining Co which was taken over by the New Red Wing MC in 1900. Later the New Red Wing was succeeded by the Utah Development Co, which itself was presumed dead by 1906 (Copper Handbook, 1906). The prospectus for the Red Wing Gold MC does say that they operated the Red Wing mine (which had limited gold values) or the absolute location of the property controlled. It may have been a scam using the Red Wing name. 4 pages, with blue print, 6 x 7”. Blue pencil mark on front page. Minor foxing along edges. Very fine. Est. $50-100 971. Salt Lake. West Mountain. St. Joe Mining Co, c.1902. Prospectus. The company owned 17 claims that had the Uhlig Tunnel at 1700 feet, Rexite Tunnel at 1250 feet, Upper St. Joe at 265 feet and the St. Joe Deep Tunnel at 280 feet. The company had grand plans of driving a tunnel more than a mile underneath the more famous mines in the West Mountain district such as the Highland Boy, United States MC and Boston Cons. There are 4 photographs showing different mine properties. At the end is a fold out map showing the proposed St. Joe Deep Tunnel course and the properties it will underlie; map is 4.5 x 11.5”. The St. Joe Mining Co experienced litigation over properties but was successful in the US Supreme Court in 1905. At that time, the company had the second longest tunnel in the Bingham area at about 2500 feet. The company was dead by 1908, with the property sold by the sheriff. The sale of the property was insufficient to meet the debt of the company. (Copper Handbook, 1906, p.881; 1908, p.1199). 6 x 9”, with exposure stain along top edge of front cover and back cover. The cover and text are printed in blue with red print accents at edges. Very fine. Est. $75-150 972. Salt Lake. West Mountain. West Mountain Mining Co, c.1903. Prospectus. On the second page is a property map of the West Mountain MC. The first 2.5 pages are devoted to a short history of the mining in the Bingham area. The last paragraph is a wonderful resource for it lists the producing mines in the area (that list is far to extensive to list here). The company had 8 claims that included the Freeman, Kansas No. 1 & No. 2, Wedge, Anderson No. 2, Snyder, Chubb and one unnamed. These claims adjoined the Red Wing, Red Wing Extension and Montezuma mines. Development was minor with short shafts. Ore was assaying at 24% lead, 20 ounces silver and $1.60 gold per ton. The Copper Handbook (1908, p.1423) lists that the company lost its lands and money was refunded to the stock holders. 8 pages, 8.5 x 10.5”. Discolored by sun exposure. Small tears on last page. Very fine. Est. $50-150 TOOELE 973. Tooele. Ophir. Lion Hill Consolidated Mining & Milling Co, c.1905. Newsprint style prospectus. The company incorporated to merge the properties of three companies, Chloride Point, Northern Light and Columbia. None of these companies are listed in the Copper Handbooks. There are listings for Columbia and Northern Light as companies that were located in Nevada. The prospectus states that the properties were located on Ophir Hill about 4 miles from Mercur and near the Ophir Hill mine which was owned by W. A. Clark, (we assume this is the same Clark from Montana). One of the directors of the company is E. W. Clark, which the prospectus implies is a relative of W. A. Clark, but not directly. The ore was reported to carry 100-250 ounces of silver and minor gold values. Promoted by M. Rothenberger & Co, NY. There are 2 photos of the mine site. 4 pages, 9.5 x 14”. Very fine. Est. $75-150 UTAH COUNTY 974. Utah. Peepstone. Massasoit Gold & Copper Co, 1900. Correspondence and market letters. The company had 16 claims that adjoined the Alice and Gypsy Queen that had a 95 foot shaft with several drifts. No assays offered. The last page has a claim map. In th 1908, Copper Handbook, p.919, is the following quote “Location of lands, if any, unknown.” There is a 2 x 0.5 inch piece missing from the upper left corner. Promoted from Boston. Fine to very fine. The second item is a typed letterhead from the Smith & Stern Bankers and Brokers of Boston dated 1900. The first sentence of the second paragraph is “The Company has just been organized, and owns a valuable property in Utah.” A vague allusion to the property which is reinforced by the Copper Handbook, 1908, p.919, which states in one sentence, “Location of lands, if any, unknown.” 1 page, typed, 8.5 x 11”. Very fine. Est. $50-100 WASHINGTON 975. Washington. Harrisburg (Silver Reef). Brundage Mining & Reduction Co, c.1902. Prospectus. The company operated a series of mines near Silver Reef. The Walker mine had a 200 foot incline shaft. ȁThis mine was worked for about 2 years, both there is no record known to show quantity of ore produced.” (an odd statement to put into a prospectus, don’t you think - vp). The Barbee mine had a shaft that connected with the Walker mine and was once a strong producer. The Jumbo, Wonder, Free Coinage, Jack Whacker and Side Lode No.1 & No. 2 mines all had glory and dog holes as interpreted from the description in the prospectus. Ore samples assayed prior to purchase of the property and formation of the company offered silver values ranging from 12 to 3000 ounces of silver per ton. On page 14, the prospectus makes reference to the developing mining camps near Peoche (sic), Nevada. 10 photographs and 1 cross sectional view of the “reef” formation. 27 pages, 7 x 9”, original dark gray cover with white lettering and original book mark style string. Stains along edges. Not listed in the Copper Handbook. In the 1870’s, Silver Reef was a small thriving camp of nearly 1500 miners. The prospectus offers a short history indicating that miners strikes led to the demise of the camp along with the camp at Pioche. Very fine. Est. $100-200 VIRGINIA 976. Carroll. Woltz. New York & Virginia Copper Co, 1902. The 3 different prospectuses of the New York & Virginia Copper Co all contain the same information. The company owned 748 acres in Carroll County in the extreme southwestern part of the state. The ore contained chalcopyrite, bornite, sulphurets with traces of silver and gold. Each of the prospectuses show assay values placing the copper content ranging from 10-40% with varying amounts of silver and gold. The company made a valiant effort to promote itself with several promotional prospectuses printed in 1902 and promoted by Walter S. McGregor of New York. The reality of this company is more intriguing than the reported 10% average copper value per ton. The public announcement of 10% copper, 25 ounces silver and 1 ounce gold per ton and 40,000 tons on the dumps waiting to be smelted were deliberate falsehoods. The property in Carroll County was abandoned in 1903. Later, the company purchased property in Floyd County of which title was never secured and also subsequently lost. A small smelter was built by Louis Strauss, who sold bogus bills of lading for several carloads of ore and committed suicide on discovery of his crime. Receivers were appointed by the circuit court of Kanawha County, West Virginia, in 1909. Various charges of fraud are made against Col. Dunn (the president of the company) and presumably are well founded, considering the flagrant nature of the company’s shortcomings” (Copper Handbook, 1910, p.1296). One prospectus is 5.5 x 8.5”, 20 pages, with original crème cover and contains 11 photographs and 2 mailer circulars. The second is 8 x 10” with gray cover, 10 pages and appears to be a proof copy with a few revisions near the back of the text. The last items are 4 pages, 8 x 11”, promotional mailers. All ver fine. Est. $150-300 977. Fauquier. Linden Station. Carter Copper Co, 1902. Two different prospectuses for the Carter Copper Co. The first is 4 x 9” with original crème colored cover with gilt lettering that is tri-folded around the prospectus. The cover has a picture of a miner working ore with a pick, photo courtesy of the J. Eugene Geer, New York Herald. 12 pages with 2 photographs. At the end there is a very authentic looking assay report that is made to look like the original from the assayer. There is a concise two page map at the middle. The second prospectus has a rich red cover with gilt lettering, 5 x 6.5. Copper ore was reported to assay at around 4% on average. In 1903, the company was reorganized and renamed to Manassas-Gap Copper Mines. In the process of reorganization, Carter, the president of the Carter Copper Co, was removed from the board. Copper Handbook, 1910. (Please see the Manassas Gap Copper Mines below). Est. $150-300 978. Fauquier. Linden Station. Manassa Gap Copper Mines, 1903. Prospectus and market flyer. This company was a reorganization of the Carter Copper Co (see lot above) with the removal of Carter from the board of directors. The first prospectus has an attractive gray cover with dark blue and red print with a design at the middle. 10 photographs show the different sites and buildings on the property. 15 pages with a map of the property on page 2. This prospectus is in extremely fine condition. The second prospectus shows assay reports indicating copper ran at 5% copper with 23 ounces silver and 0.2 ounces gold per ton. This company was dead by 1907 (Copper Handbook, 1908). Printed on pink paper with black print. 8.5 x 14”. Stained from exposure along top edge. Very fine. Est. $75-150 979. General. Shenandoah Land & Anthracite Coal Co, 1875. Prospectus. Incorporated in New York, 1874. In 1875, the company purchased 93,000 acres in Rockingham, Augusta, Pendleton and Hardy Counties in Virginia. The company was planning on developing and shipping coal and iron. 8 pages, original purple cover, 5 x 8”. Printed by Old Commonwealth Press, Harrisonburg, VA. The cover is stained to a brown by exposure or water. For its age, Very fine. Est. $200-400 980. Greene. Elkton. High Top Copper Mining Co, 1903. Lot of 2 different prospectuses. The company owned about 1000 acres in Greene County employing about 125 men with ore running at 6% copper, 10 ounce silver and $15 gold per ton (Copper Handbook, 1905, p.464). The first prospectus has a black cover with copper gilt lettering measuring 4.5 x 6.5”. Original string tie at binding and overall in fabulous condition. The second prospectus has the original gray cover with blue print with red outline, 3.5 x 7.5”. This 15 page prospectus has 2 testimonials, one from Senator William P. Richardson of New York and the other by Professor George Treadwell. George Treadwell, especially his name, was very active in the turn of the century copper mining companies in Arizona. Every company Treadwell was involved was found to be a blatant scam and Treadwell himself was considered a bumbling idiot used as a front (Please see our Auction #12 Arizona Auction Catalog for more information.). Extremely fine. Est. $100-300 |
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