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ELMIRA, N. Y., July 3, 1893.
Editor of the United States Investor.
Please send me report on the Colorado City & Manitou Prospecting and Mining Co. of Colorado City, Colo. Please give what information you can as to character of men comprising the company, in a general way the value of their properties and prospects, also value of their stock, and oblige,
Yours truly, H.
The gentlemen connected with this company are all reliable men of that town, who have put quite an amount of money into their properties in Cripple Creek. They believe that they have good prospects, but aside from that we have never heard of great returns.
The stock is worth, if there was any demand, about one cent to two cents a share. The number of claims is 18. They are not shipping any ore, but it is reported to assay from $5 to $60. The par value of the share is $1, and the capitalization is $2,000,000.—ED.
The new plant on the Little Maggie on Galena hill was started yesterday. The shaft is down to a depth of 105 feet and has struck the lead that was cut in the Jeannette tunnel. Sinking is to be resumed.
Name: COLORADO CITY AND MANITOU P. & M. CO.
Capital: $2,000,000; par value, $1; 2,000 shares in treasury.
President: A. Z. Sheldon
Vice-President:
Secretary: Jno. M. Jackson
Treasurer:
Superintendent:
Manager:
Office/Contact: Midland Block, Colorado Springs.
Lessees: The lease on the S. 750 ft. of the Red Rock, Iron King and Ella runs three years from Feb., 1900.
Description/Note: All but three of the company's claims are being worked under lease, royalties 20 per cent., $1,000 indebtedness.
Deepest shaft 400 ft., 1,100 ft. of development. See Plats D, R, A-2, A-6.
Owns: 1. the Iron King, Ella, Red Rock, Genoa and Frank Lee, 39.875 acres, on Tenderfoot Hill, in the N. E. ¼ Sec. 18 and N. W. ¼ Sec. 17, adjoining the Hoosier;
2. the Little Allie, Two Earls, Good Luck and Tom Patterson, 36.138 acres, on Bull Hill, in the N. W. ¼ Sec. 21;
3. the M. W. S., 10.331 acres, on Bull Hill, same ¼ Sec.;
4. the Jennette and Little Maggie, 19.683 acres, on Galena, in the N. W. ¼ Sec. 17, all patented; total acres 106.
5795. (Barton Landing, Vt.) Please report on the Cripple Creek gold stocks of the Colorado City & Manitou Prospecting & Mining Co., A. Z. Sheldon, president.
Ans.: The Colorado City & Manitou Prospecting & Mining Company is another of the older companies, owning some 106 acres on Bull Hill, Galena and Tenderfoot Hill. All but three of the company's claims are being worked under lease, royalties 20 per cent.
Indebtedness $1,000. The deepest shaft is 400 feet and the total development work is 1,100 feet.(Special Correspondence. Cripple Creek, January 8.)—A stockholders meeting of the Holliston Mines Co.* has been called to consider the sale of the company's holdings in this district.
* This is Most Likely a name error/mistake done, as I can't find any hits on that name. But there is a Hollister Mines Company, which has a link to a Cripple Creek property owner company. -> However, that "non-named here" company in itself is a most likely another name error in that source text...