The Average Man and Wealth Advice
The piece argues most men desire wealth and comfort and offers cautious guidance rather than quick riches. It urges careful reading to learn new ideas while leaving personal judgment to the reader.
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Newspaper
Sedalia Evening Sentinel
Location
Sedalia, Missouri, United States of America
Date
Apr 18, 1902
Page
12
The piece argues most men desire wealth and comfort and offers cautious guidance rather than quick riches. It urges careful reading to learn new ideas while leaving personal judgment to the reader.
The Merrell Lead Mining company reports a major discovery at Brady Diggings near Tipton, with ore running 81.9 percent lead and over $3,000 extracted. Plans include a 100 ton mill and steam plant, aiming for $5,000 daily output. the company emphasizes open books, stockholder reports, and cautious, profit driven growth. Noted mining expert S. J. Hatch hails the field as the richest opened, likening it to Cripple Creek in value.
The Rev Robert McIntyre of Chicago defends funding a Klondike miner, arguing miner wealth is pure and beneficial. He contrasts mining with board and stock wealth, saying mining adds permanent world wealth and causes no others' harm, unlike other ventures. The view is reported from The Black Hills Mining Review.
The article argues mining yields higher and steadier dividends than banking, with claims of strong national figures and a booming Joplin, Missouri mining district. It highlights rising activity, large payrolls, and numerous new shafts and mills as evidence of wealth potential.
Experts note high grade ore in Quigley mine with costs under ten dollars per ton and a potential net profit of forty dollars per ton. Joplin reports zinc and lead boom with prices at thirty seven fifty per ton and strong demand from smelters, drawing many buyers and large payrolls across mining towns.
Merrill Mining reports two drill holes near Greenhorn shaft six miles southwest of California uncovering a fifty six foot face of zinc and lead ore. Ore grades 10 to 25 percent with 8 5 percent purity and sufficient to run two 100 ton mills daily for over twenty five years. The claim lists over a million dollars in ore and rivals Fortuna as the richest in the world.
Webb City reports the Hudson mine and mill near Carthage along with 49 acres of land were sold by James I. Gidden of Joplin to John Morton and St Louis capitalists. Estimated price around 200000 dollars. The mine, among the district’s most valuable, pays over 3000 dollars weekly in dividends and began operations less than six months ago.
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