Rensselaer Republican, Volume 21, Number 31, Rensselaer, Jasper County, 4 April 1889 — More About the Dwiggins Mine [ARTICLE]

More About the Dwiggins Mine

Two gentlemen who are prominent stockholders in the Dwiggins gold mine arrived in Chicago from MexicoTast Friday, bringing with them four bars of gold and silverbuilion, weighing 26 pounds, which were produced by the first ten days run of the mill. It is now on deposit at the bank in Chicago. R. 8. Dwiggins has mode an estimate showing the value of the shares at $7.50 when another twenty stamp mill is added. There is no doubt but that this mill will be Erected and running within six- months. The expectation now is that another of ten stamps will be immediately added and Jeter another of twenty or forty stamps as may seem best. Upon this estimate and expectation stock sold up as high as $4. One 250 share sale is reported at that figure. Although the stock is Tot offered in any large blocks anywhere, the price is not considered firm at $4 yet. Elmer Dwiggins left for the mine this week and a report is expected from him on his arrival as to the outlook and fu-, ture policy of the company.