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VOL. XVIII, NO. XXVI
LINCOLN, NEBRASKA, SATURDAY, JULY 5, 1902.
ESTABLISHED IN 1SSG
RICHES LURK IN EARTH'S EMBRACE,
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This picture shows a view of the Manila company's shaft, with hoarding house and B. & M. rail
way In the valley. This valley Is most beautiful and will be the location of the new town site.
It Is a good thing to own a bit of
stock in a gold mine. It is better of
course to own the whole thing, but
whe you can't do that even a small
chunk of stock is a source of comfort
and a balm for a worried soul. You
don't have to fret about marketing
your product. There Is never a fear
about stagnation in the business. An
eager, grasping market not only waits,
it struggles for every ounce you can
furnish. Nothing ever operates to
drag down the price.
Most people are so willing to have a
gold mine that they would traverse
the earth to get it. Situation would
cut no figure. "With perfect assurance
that they could have gold they would
set out for the farmost pojnt of Alas
ka with nothing warmer on their backs
than shirt waists. And a good many
of them would go, as everybody knows,
on rumor and chance, spending for the
privilege every last penny on the prem
ises. Somehow there is an enchant
ment about getting oft! to these far gold
fields and little assurance is necessary
to start th procession. Everyone
thinks that because of the remoteness
of the region only a few will be apt to
go and the result is that hundreds
track each other through the snows,
over the ice and the mountains, into
the frigid zone.
Rich as avarice, right here at Ne
braska's back door, are gold mines
that need only the furtherance of capi
tal for the building of Immense for
tunes. They are in the Black Hills.
Surely not very far distant. Pictures
que in every mile they are rich, not
only in mineral waters, climatic and
scenic attractions, but in all the pre
cious metals. Eyes, soul, heart, bodj,
bank account, all are encompassed in
the qualities and qualifications, of the
Hills. And the greatest sought is the
substance that goes to make up the
bank account. It is gold, gold, gold!
Famed the world over is the Home
stake mine, the center of a group of
thirty-five mines that pay heavy divi
dends, with many others springing into
prominence. These mines occupy a
strip of country sixty miles long by
fif teen wide, the whole thing tilled with
lodes of rich mineral. One of the very
richest of these advancing mining
properties Is that of the Manila Gold
Mining & Milling Co., a concern which
is developing remarkable prospects and
In which many Nebraska people are
vitally Interested. Hardly anywhere in
the world Is there to be found a richer
belt than in the Black Hills, of which
the Manila property Is nearly the cen
ter. The company has a perfect title
to 520 acres of ground, unincumbered,
and with it is a mile and a half of Elk
creek. This Is ail in Lawrence county,
S. D., and this creek Is one of its larg
est streams, furnishing water in plen
tiful supply all the year. Thus there
is no question of doubt with regard to
the power facilities of the company all
the year round.
Railroad facilities are also ns good
and sufficient as anybody could wish.
The property Is crossed by the Bur
lington and ample switches have been
provided. Not far distant Is Lead City.
Alongside Is the "Clover Leaf" or
"Uncle Sam" mine. Justly famed both
east and west. It turns out gold every
month to the value of over $73,000. The
last of its stock sold at $1-5 n share.
Even some of the richest mines have
started out poorly. Four years ago the
stock of this company was offered In
Lincoln and seemed a drug on the mar
ket, at twenty-five cents per share.
The geological formation of this and
the Manila property Is not appreciably
different, with the exception that the
latter shows greater botlles of gold
bearing quartz on the surface than
does any part of the Clover Leaf prop
erty. A shaft was sunk at the east end
of the Manila. At a depth of thirty
, t feet a general sample of the whole was.
1? I HI MS) til - ' ! X IJLI ' ! II ! -.
taken with a gold average of $6.30 a
ton. This is $2 a ton better than that
of the Homestake mine, which has
gained world wide fame as a dividend
payer.
Hardly more than a year has passed
since the reorganization of the com
pany. This was done under the laws
of South Dakota, with the capital
stock divided Into a million shares,
each of a par value of $1. It Is fully
paid and non-assessable. The owners,
however, have placed In the treasury
$230,000 shares for sale In the Interests
of further development. The board of
directors Is to determine at what rate
these shall sell and all the proceeds
are to be used to Increase the produc
tive power of the mines. None of the
officers and none of the men connected
with the administration are receiving a
salary, the money from the sale of
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This view shows the waterj of Elk creek, on the Manila property, just above the mill site, which,
by a fall of sixty feet, will afford ample power for the heaviest machinery for all time to come.