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North American Mining Prospectuses
Auction #16

ILLINOIS

647. Hardin. Elizabethtown. Elizabeth Mining & Investment Co, c.1903. The prospectus opens with a citation from Contributions to Economic Geology, Lead & Zinc Deposits of Illinois, by H. Foster Bain, 1903. Following this excerpt, there is a short history of the town of Elizabeth and the area. Information pertaining to the company starts on page 15 with general facts concerning the property. The ore was reported to assay 87% lead, worth $65 per ton. There are 11 lithographed photos showing the different mines of Elizabeth and one showing 2 miners underground. On the last page is an excerpt from the Mining Investor justifying why “To Own a Thousand Shares in a Million Dollar Company”. 30 pages, 6 x 9”, with brown cover and dark brown print. The prospectus has been folded with a crease from top to bottom about 1/3 from right edge. Minor wear to stapled binding. Very fine. Est. $75-150


648. Hardin. Elizabethtown. Ohio Valley Zinc, Lead & Spar Co, c.1903. The prospectus is in a similar format to a legal document with the outer cover of gray-blue paper stapled at top and folded twice. When opened, the first page lists the company title, directors and locations of offices. There were several named mineralized veins (Rosiclare, Jack Point, Lavender and Montgomery) that were reported to cross the 300 acres owned by the company. &#x201C conservative estimate of the working and product of the Ohio Valley Zinc, Lead and Spar Co property is as follows: Fluor Spar, 80%, 13 million tons at $10; Lead, 15%, 1 million tons at $45; Zinc, 5%, 880,000 tons at $35. The report sells the Fluor Spar as being the valuable commodity. Fluor Spar was used as a flux in the steel manufacturing process. 5 pages, unfolds to 8.5 x 13”. Very fine. Est. $50-150

649. Jo Daviess. Galena. Illinois Lead & Zinc Mining Co, c.1903. The property of the company was located near the famous Skene Mines. The first sentence of the 4th paragraph states “In first open(ing) our holdings, a simple sinking of a shaft to a depth of 17 feet, developed large deposits of mineral of phenomenal richness, and about 33,000 pounds of ore was taken out which assayed 82.5 per cent pure lead.” An outstanding high grade lead ledge by anyone’s standards. Front cover has “A Lead Mine.” on brown paper. 3.5 x 6.5”. Small tear at right edge below upper right corner. 6 pages. Very fine. Est. $50-150

INDIAN TERRITORY

650. Indian Territory. Quapaw Reservation. Baxter Mining Co, 1904. Prospectus. The Baxter Mining Co controlled 5000 acres on the Quepaw Reservation located 1 mile south of Baxter Springs, KS, across the Indian Territory. This company’s prospectus offers a very different approach to getting rich on mining investments. Rather than selling the investor on the company and encouraging stock purchases, the Baxter MC was selling leases from the 5000 acres of lead-zinc property. 6 full page photographs of drill rigs and small mills around Baxter Springs. Attached inside the back cover is a fold out map of the Quepaw Reservation on light weight paper. 9 x 6”, with original gray cover. Printed by Hendee-Bamford-Crandall Co, Milwaukee, WI. Very fine. Est. $75-150

651. Indian Territory. Quapaw Reservation. Baxter Royalty Co, 1906. Prospectus. Baxter Royalty Co is most likely affiliated with the Baxter MC, only Baxter Royalty is promotion its own stock, not leases. There is a 2 page map at center showing a shaded relief of the mining region. 12 full page photographs of underground miners and the mills the company owned. 18 pages with original black cover with gilt lettering. 7.5 x 10”. Minor water staining along edges of pages. The binding staples are rusted at center page where the 2 page map is located. Very fine. A great companion to the lot above. Est. $75-150

INDIANA

652. Martin. National Promoters Co, c.1904. Prospectus. The company doesn’t offer the exact locations of its mines other than Martin County. Mining properties included a sandstone quarry, 3 coal mines, iron ore, kaolin clay, brick clay and red ochre mines. The sandstone quarry was within the Hindsootan Sandstone that was free of lime and used in buildings and whetstones. 11 pages, 4 x 9”. Brown cover with dark brown print. Extremely fine. Est. $50-150

KANSAS

653. Cherokee. Baxter Springs. Mission Mining Co, 1906. Prospectus and letters. Owned and operated the Mission Mine located in the Baxter Springs district of Cherokee County, Kansas. A lead zinc mine showing 40% lead and 60% zinc (rather difficult to believe the numbers, but the ore may have been a solid mass) contained within a 30 foot blanket that was drill tested to underlie the entire 40 acres the company controlled. The prospectus has a blue cover with an image of a mission at the center. There is a small tear of the glued on image at lower left which has slightly raised the paper. 30 pages long with a pencil sketching of the proposed mill, 6 underground photographs and a 2 page map at the center of the prospectus. Unfortunately, the top staple has rusted and affects the map directly around it. With the prospectus is the original subscription form and return envelope. Included is a typed property report by M. S. Parker, Consulting Engineer from Baxter Springs, KS, dated 1906. Parker writes a glowing report of the Mission Mine, stating it is one of the richest lead-zinc deposits every found. All very fine. Est. $75-150

654. Cherokee. Galena. New Century Zinc & Lead Mining Co, c.1902. Prospectus. Controlled 200 acres in Kansas and another 800 acres in Missouri. Of the 200 acres in Kansas, 100 were broken into 6 different leases. These included the Page, Yukon, Central, Brookline, Dividend and Belmont that a total of nearly 38 different shafts and seven mills. The company made money from the royalties of the leases and by financing the construction of mills. New Century is not promoting it leases in its prospectus, rather pushing the company’s stock. 7 full page photos of the mills. Attached inside of front cover is a two page map of the Kansas Missouri state line area near Galena. At the end is a tri-folded map of the 100 leased acres of the company showing ore bodies and the location of the different shafts. 36 pages, 5 x 8”. Original gray cover. Minor fold crease along binding from reading of text. Extremely fine. Est. $75-150

655. Cherokee. Galena. Union Zinc & Lead Co, c.1902. Prospectus and report. The prospectus style of the Union Lead & Zinc MC is so similar to that of the New Century, that the companies were most likely run by the same individuals. In fact, the Union appears to be a company formed to promote a lease that New Century reports in its prospectus. The property operated by Union L & Z MC covered 40 acres that had 2 mills and several shafts. There are 2 full page photos of each of the mills. At the end is a tri-fold map of the workings of the Union property. 17 pages, with original gray cover, 5 x 8”. Included is an abstract of the prospectus on 3 typed pages that measure 8 x 13”. Both extremely fine. Est. $75-150

KENTUCKY

656. Elliott. Catlettsburg. Kentucky Diamond Mining & Developing Co, c.1905. This 14 page prospectus combines a short history of diamond discoveries with geologic “buzz” words, such as peridotite volcanic breccia. The pitch of this company was that the peridotite of Kentucky was similar to the kimberlite pipes of Kimberly, South Africa. It is interesting how the discussion of diamonds found in the US begins with discussing the ice sheets that flowed across the of the Great Lakes area leaving behind the gem stones in the glacial till. Not really related to in place peridotites that the company was planning to pursue in Kentucky. Later exploration was conducted in 1907, when the Kentucky Kimberlite Diamond Mining Company, Catlettsburg, KY was formed. Cominco tested the area in the early 1980’s and found no diamonds. Hausel reports that the kimberlites here lack common “G10” Pyrope garnets, a necessary indicator of commercial diamonds. The prospectus is very interesting to anyone researching diamonds in the United States. Extremely fine condition. The 8 x 11” prospectus has a glue binding at the top with a stiff rear cover. Extremely fine. Unique. Est. $100-200