Gold mining investment pitch to Boston firm
Lawson Weidenfeld & Co sent a persuasive letter to Brown Riley & Co of Boston proposing to join in promoting the National Hecla gold mines. They describe expert reports, titles, and assays, arguing gold mining can be a safe, profitable investment with improved rail, electricity, and machinery enabling large, prosperous mining cities within two years. The letter dates Boston September 13, 18%.
MENTIONED IN THIS ARTICLE
Messrs. Brown, Riley & CO
Boston
Messrs
G. W., Mabee
Frederick Hessert
W. A. Farish
Chase Withrow
Louis Ross
Lawson, Weidenfeld & CO
National Hecla Gold Min ing Stock Offering Promises 12 Percent Dividends
An offer promotes a fully backed stock in the National Hecla Gold Mining and Reduction Co claiming an established mine in Gilpin County Colorado. It pledges open accounting, promoter-free profits, and management in shareholders’ interest with a Boston Stock Exchange listing and dividends at least twelve percent within ninety days of subscription, backed by ore for a year’s payments.
MENTIONED IN THIS ARTICLE
Hecla Gold Mining and Reduction Company
Mother Lode
Gilpin
Colorado
Boston Stock Exchange
Chicago
Flower
New York
Flowé
Rock Island
Chicago Gas
Bears
Houghton
Mich
Parnell
Kearbarge
Old Dominion Copper Mines
Southern Association
Pinkham
National Hecla Gold Mining and Reduction Company Formed
The National Hecla Gold Mining and Reduction Company is organized under Colorado law with capital stock of 1,000,000 dollars, 100,000 shares at 10 dollars each. It will be governed by a nine member Board of Directors and officers including President Vice-President Treasurer and Secretary. First directors named by subscribing Banking Houses, subject to majority approval. By-Laws require semiannual public financial statements printed in Boston and Denver newspapers, approved by three directors.
MENTIONED IN THIS ARTICLE
National
Hecla Gold Mining and Reduction Company
Colorado
Capital
Psaa Shisha Eels
Wes
Boston
Mass
Denver
Cal
Hecla Mines Stock Plan Seeks 110000 Shares Subscription
National Hecla Mines property held in escrow by Rocky Mountain National Bank in Central City Colorado will be deeded to National Hecla Gold Mining and Reduction Company once Parker C Chandler trustee delivers 110000 shares to banking houses. Subscriptions open Oct 10 18% for 50000 shares at $ per share. Proceeds of 250000 to miners, treasury, and promoters costs. A second 60000 share block to open within forty days with rights to stockholders of record.
MENTIONED IN THIS ARTICLE
National Hecla
Rocky Mountain National Bank
Central City
Col
Parker C. Chandler
Boston
Mass
National Hecla Gold Mining and Reduction Company
Jsq
Treasury
Gold Corporation
Massachusetts
Postoffice
National Hecla Mines Investment Prospectus Summary
The National Hecla Mines are presented as a sound investment in a well located, developed property near Denver. The vein-rich Gilpin County Mother Lode includes mines like Gregory Bobtail and Fiske, with National Hecla forming two claims. Projections indicate $160,000 annual net with $50,000 working capital, rising to $600,000 net within twenty years after a $100,000 upgrade, aiming for a 500,000 yearly output. Subscriptions for 50,000 shares at $5 each offered through Lawson Weidenfeld Co and Brown Riley & Co.
MENTIONED IN THIS ARTICLE
Hecta
Colorado
Gilpin
Central City
Black Hawk
Union Pacific
Denver
Col
Gilpin’ County
Union Pacific Railroad
Pueblo
Gilpin County
Gipin County
Fiske
Gunnell
California
Gregory Bobtail
Indiana
National
United States
Hecla
Ming
Lawson, Weidenfeld & CO
State Street
Boston
Wall Street
New York
Brown, Riley & CO
Concress Street
London
Chicago
Atchison Road
Atchison
Atchison Securities
Merced
Couch
Thomas Couch
A.S. Bigelow
Thomas Nelson
J. A. Cora
Messie Lawson
Weidenfeld & Co
Chicago Gas
Boston United Gas First
Westinghouse
Doctor
Heclar Gold Mining and Reduction Company
Bears on Top in Market Trading Across Commodities
The article surveys a volatile trading day with bears dominating in Chicago Gas and related securities. It notes a late push by Atchison earnings and a wave of speculative short interest, while highlighting reports on Cripple Creek mines and forthcoming stock subscriptions amid a turbulent market atmosphere.
Almanac Notes On Weather And Time Of Day
Miniature almanac item lists decimal times for sunrise and sunset. Mentions day length fourteen minutes and evening phases with specific clock times. Includes sparse references to moon and tides.
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