The Seattle Star Newspaper, June 23, 1899, Page 7

ss Ginnie aa lade ante rnc meieane eee THE SEATTLE STAR. 7 Sale of Treasury Stock Saturday, June 24, onthe Seattle Mining Exchange THE SEAL BAY COPPER COMPANY Principal Office, Seattle, Wash. Principal Office, Seattle, Wash. OR nnn PPA ALLEL ALLL L. H. GRIFFITH ‘Capital Stock $1,000,000 | Offices: 3 AND | Number of Shares 1,000,000 | : MES STREET DUDLEY & SAYLOR, | Par Value Es eleeal cer ain Bebcyene on ¢ hee i eee Butler Hotel Block, Seattle This Property Consists of Five Full Claims _ Namely, the “Grace Darling,” “Jumbo,” “Little Jo," “ Shamrock” and Hazel Dell,” all situated in the Ketchikan Mining District, 12 miles from Ketchikan, and opposite Metlakahtla, on the route of Alaska steamers. In American territory, about half way to Skagway. Forty-eight hours’ steamer ride frorn Seattle. The surface showing and development work so far as advanced have demon- Strated that this group is second to none in this district in point of values and size of ledges. We call your attention to assay values given below. These assays were made from samples taken with a view of determining what values the ledges carry rather than that of a carefully selected piece of ore. RN AN At i te ttt ASSAYS: i igato ASSAYS: 5 | | We Invite You to Investigate No. 1, C. He Voll vocecsesscsoo ce $12.25 3 No. 7. Tacoma Smelter’... sos 6.80 ' No. 2,C. H. Voll iy bonind renee see 40,58 3 ie a Hl No. 8, C. E. Bogardus Pe No. 3, C. H. Voll Uwe 37.31 Each and Every Statement Herein Contained | No. 9,€ E. Bogardus..... No, 4, C. H. Voll wes senesanesens sonnanveanes coe 2LSS | . - Not as Represente » y ’ No. 10, Tacoma Smelter... No. 5, C,H VOU i ie sossnnee 10.52 and if} . . m4 weg ar ul Pay No. 11, Tacoma Smelter... cesses 18,78 No, 6, Tacoma Smelter ............. : 27.40 | All Costs of Such Inv estigation. Samples May Be Seen at 114 James Street. All the Stock of the Company Is Pledged Collaterally To secure for the treasury the full sum of $50,000 for company purposes. $35,000 of which will be used in opening the ledges and constructing a concentrating plant, which insures full develop- ment and operation to a DIVIDEND BASIS before the owners or promoters shall receive one dollar from the sale of stock, and not a share of stock except for company purposes will be placed on the market until the mine shall pay or $50,000.00 shall have been paid into the treasury. THE FIRST BLOCK OF 100,000 SHARES will be ofiered on the Seattle Mining Exchange Saturday, June 24, at 5 cents per share just to start work and introduce this property to the attention of Seattle investors, and it is hoped it will be distributed among 100 buyers. We confidently believe the expenditure of $5000 of the treasury proceeds in development work WILL EXPOSE IN PLACE ORE BODIES WORTH MANY THOUSAND DOLLARS. — $5.00 will buy at this sale 100 shares: $ro,00 will buy 200 shares: $25 will buy Soo shares; $50 will buy 1000 shares; $500 will buy a block of 10,000 shares—-the foundation for a fortune. We predict from our knowledge and examination of this property that every share of stock issued will aol ter 50 cents, at least, within 90 days. This group is recognized as the best COPPER AND GOLD showing in the 3 srr Is Ad f hi p Located on tide-water; easily accessible to ships or steamets: on the route of Alaska steamers having ONLY north-bound cargoes, in- tura vantages 0 t IS roper ly suring the CHEAPEST competition rates for the shipment of ores or concentrates. No railways to build; no unnecessary expenditure tenis ' - of capital. Machinery and supplies can be landed at the mine ata minimum cost and almost daily service. Climatic conditions per- mit ing work the year round. A great prospect in a new district. BE SURE AND OWN SOME OF THIS STOCK. DEVELOPMENT OF THIS SECTION WILL BENEFIT SEATTLE. Re- member, this company does not start business with a little cropping in sight, but has five full claims, well-defined lodes and rich assays, and promoted by men well known in the community. Report of Mr. Russell L. Dunn, the Well-known Mining Engineer Speculative Possibilities and Optimistic Views of the Promoters. of San Francisco, Cal. $5000 wil » 400 feet of development work, and will expose in place measured length, width and depth 190,609 tons of ore, Surface assays indicate that a net pla valu S per ton may be realized, thus pro- ducing a mine value of $500,000, making every share of stock worth 4 nts per share, $100 invested now | at Scents per share will bring $1000 and all can be accomplished in three months. ? Q Cable Address at San Francisce “RUSSELDUNN” RUSSEL L. DUNN, MINING ENGINEER, San Francisco, California, U. 8. A. r Why Not Buy Now and Help Create Values? $20,000 will erect a concentration plant, with a capacity of 100 tons of ore per day, and this plant will Produce 4 to 1-25 tons of concentrates per day, 7 tons per month, ready to ship to Tacoma, Everett or Sel- by amelters by water e Concentratior or a revenue from product of $45,000 per month. The Mining and concentrating 3000 tons of ores at trates, at $8, $6,000; total cost, $13,500; leaving f stock In the company will sell at $1 per 900; sacking, abipping yrofit for divide & share or better, a SEATTLE, WASH., June 19, 1899. L. H. GRIFFITH, Esq, Seattie, Wash 5 y a 7, ’ \ 2 " o $ Why Not Buy Now and Make Money? Dear Sir: At I caede recently an examination of the Clark & Martin group of Copper ° 5 mining claims, sit P tay, at the southern end of Gravina land, twelve miles south of Ketchi- Do you wonder why theTreadwe ll m s worth $5,000,0007 Why the Republic is worth $3,000,000; Why kan postoffice, in southeastern Alaska. ‘ the Le Rol is worth $5,000,000? Why e ockholder who invested in these properties while “prospects” got rich? The several claims in the group are: The Grace Darling, Jumbo, Little Joe, Shamrock and Hazel Dell $ y , i " " 7 4 ‘s nes -¢, , > The first named makes an ore exposure on the beach of Seal Bay at high water line. Tee Jumbo ; Fill Up This Blank and Instruct Your Brokers to Buy for You Seal shows a strong ledge about 30 feet wide 200 yards back from the beach. The Little Joe is, where an ore Bay Copper Stock Saturdry, June 24, at the Opening Sale. body i 7 tt © yard« back from the beach; and the amrock and ae] Dell are adjoining “ * Al claima on »ady, 700 yards back from the beach, The elevation of the outcrop of the two late Licensed Brokers: Seattle, Wash QQ me L. H. Grimith 114 James J i pay) apie 5 J.» McManus & Son. .Second ave. D ne » 7 site AiSUARAMMr us Gl Satdied taatons. tahie oki vibe taallasl GwA ant Ay soccnery dikes ; Biater & Smith 1A Tacnee'h veseeeoen snssesavenos cases LASRDON DEOREE Seal Bay Copper * are large unconnected lodes, or more property, lenses. The lode filling is quartz, carry- ? Dudley & Saylor 114 James ‘0; . natituent copper in chalcopyrite, which is more or less mixed with pyrite 4 oO. R. Dahl New York Block diss dyes . Ce mpany. es of my exa ic f one or more surface cuts 5 Bullock, Givens & Co..New York bik OFFICERS 299 ppg Bice cap Nafta tian ak ei , aig gel FE cable Please Duy for my account...... ........80are | J. W. Hughes....President reasonable ant eveloping what are now gc scta”” into prom H Horton Hultding | 1h the Seal Bay Copper Mining Company at not BW ei ee ‘The explo m 1 exploitation will necessarily have to be by shaft and tunnel The « { Geo, W. Dickens & Co..Mutual Life R shah L Du Sec.-Tress cost work ar favorable. Seal Bay i* a # ered harbor which can be entered at all seasons § Forrest & Maxwell Haller bik A ussell L., Dunn..... Eng. by v ¢ water. Wood for fuel is avaiable on the ground. ™ will have to be hand cattle Mining Ex..Mutual Lite bid | CXCGCUINZ............... cents per share. led trammed from the several ledges to a conce fon plant located on the bay f . shore, Stam 122 Columbia St Cc. B. Holman & Co,.112 Columbia 8t , Lestimate that you can mine and concentrate these ores at a charge, including the charge for the opening 2 In closing this announcement on behalf of the SEAL BAY COPPE NY we desire to add that shafts and levels 2.5) per ton of ore mined. The cost of sacking, transporting and smelting the con n offering this new: field for Investments we do so with the anit) tote, abe n charge, but you may safely figure while the smelter price of copper remains other property in. Alnales presenta stronger assurances of production ant As will be no- r cent y and quan ¢ a thorough exploration ticed, the time to secure shares in this company at a low figure is very short, and as ¥ onsider this an opportunity which no investor should allow to pass, we invite you to call at 114 James street and exam: ine samples of ores and make any inquiry you may desire to make. and #0 velopme th lL. DUNN ene L. H. GRIFFITH and DUDLEY & SAYLOR, 114 James Street, Seattle. We'have the handling of a group of claims'at Helm bay, Joining the famous Gold Standard group owned by Capt. Dyer and Mr. Johnson, and a block of treasury stock will be placed on the market at a low price. Save your money.