[Telegraph]—C. O. D. is a property located in Poverty gulch that only the other day was turned down as barren and worthless. Today it records the biggest find of the season. Demonstrating the fact that below Globe hill and northeast of town, there is at least one well defined vein of handsome pay.
Some ten days ago a shaft through the wash for twenty-five feet came upon a seam of good mineral. When first found, it proved to be two and a half feet wide. In sinking ten feet on the ore a strong vein has been opened up, with walls well and distinctly outlined. The distance is three and a half feet between the walls and it is all good ore.
Assays from $60 to $750 have been had. In this ten feet of development a car load has been taken out, ready for shipment, that goes $100 a ton. There is no other claim that can show a record anywhere to compare with this.
A ten inch seam in the vein is 35 cents a pound, as shown by a number of careful tests. The gold is fine and thoroughly diffused throughout this vein filling, which is rather out of the common, as in most instances the gold lies between small seams and in bunches.
Such is the development that the C.O. D. records at this time.

When the Gold King stopped work Poverty gulch was given out as a back number and that a better name could not have been selected for that immediate locality. The knowing ones quite generally agreed that it was so. Now, exactly in the bottom of the gulch, where nothing but disappointment and poverty—1000 fine—were to be found, the best discovery of the season, as it promises today, is brought to light.

The C.O.D. is a patented claim, belonging to the C.O.D. company, which is incorporated with 500,000 shares. The stock has been selling of late from one and a half to two and this find ought to make it jump upward in a handsome way. Here is another illustration of the manner and suddenness apparently worthless stocks become of value.
Manager Charles L. Tutt was the locator of the claim and under his direction last season a shaft was put down 160 feet and from the bottom eighty feet of drifts were run without finding mineral in pay quantity.
The present find is a considerable distance down the gulch from the original workings. From the strike of the vein, as indicated by the present exploitations, it extends for 750 feet within the lines of the C.O.D.
P. E. C. Burke, a well known mining man of Aspen, is in charge of affairs at the mine and is entitled to a large share of the credit of the discovery of which there will be many chapters more to relate.

The C.O.D. mine is one of the prominent mines who still ships regularly, even when the labor troubles in the camp continues and greatly interfering with the output of the Cripple Creek district.

In the C. O. D. the ore-shoot is 125 feet long, pitching south with slickensided walls.

During the years 1890 and 1891 Bob Womack had between thirty and forty locations in the camp. Generous to a fault, whenever one of his friends was looking for a location, Bob would present them with a claim, and thus it came to pass that some of the best properties in the district passed through his hands without his having received the slightest benefit therefrom.
Among the properties upon the claims which the generous prospector gave away were such as the Kittie M., the Lone Star, the Abe Lincoln, the C. O. D., the Rebecca, and dozens of others on Bull hill and Battle mountain.

C.O.D.—This mine, in Poverty gulch, has reentered the ranks of producers, lessees having recently made two shipments of ore of fair grade.

The C. O. D. mine, originally owned by the Rebecca G. M. Co., has been leased for 2,5 years to H. P. Reiton, Cripple Creek operator, and work has been resumed through the main 3-compartment shaft.