Rensselaer Republican, Volume 21, Number 34, Rensselaer, Jasper County, 25 April 1889 — Form the Mexican Mine. [ARTICLE]
Form the Mexican Mine.
La Chiea Camp, April 17,1889. To The Repubeiuan:-Agreeably to your request I report what I find of interest on arriving here. After many delays on the road 1 arrived on the!3th. On the 15th was ’nrettiug and casting u _ ’2U’pound bar of bullion. It is the largest single bar yet cast in camp and it will arrive at the bank in Chicago, by express in due time. Tomori row we shall retort, melt and Cast, another smaller but more valuable bar of higher grade bullion, and send the same north by ,a passenger who leaves for the States in a few r days. Since April first we have been mining in some lower grade ores from the upper levels of the mine, which we had already mined. This has reduced the grade of ore milled somewhat. Important developments are being made in the mine in order to open it up well and prepare for furnishing ore foran additional ten stamps which will, doubtless, be ordered in a few weeks; Aa soon as -possible themill wll be changed so that we can leach the tailings that come from the concentratoi s instead of | panning them, which is too expensive a process. By the new leaching process we save 15 to 20 per cent, more value from the same grade of ores and ata less expense. The mine will be opened and developed so it will produce enough ore to run a 40 stamp mill and the nnill will be increased to thaL ca pacity within a year. When that is done we can produce enough to pay from 8 to 10 per cent, on the par value of stock. All the earnings for this year will doubtless be applied to developements in the mine and the building of a larger mill and no dividends are expected until 1890. But when dividends are paid I think they will Ibe large enough to make stock I worth par. I am making all efforts I here to fill a large order for stock, which I could fill easily if I had the stock I placed in Rensselaer, ! and at a much better figure than I placed it for there.
After having looked the ground all over carefully again I have only to say to Rensselaer investors that in my opinion the best thing to do is to hold the stock for par. I think it will e?ell for that within a year. If they do not wish to do this they can now realize a profit of at least 50 per cent on their investment. , Most Sincerely, Elmer Dwiggins. The Von Graef Medical Company, No. 3 Park Row, New York City, in 1888, made seven*y-eight per cent, of cures of various diseases of rren, chronic and otherwise, within the time allotted ior treatment. The record of cures of diseases of women was nearly as large. This is the highest record ever achieved in this country by hospitals or private practice. In the treatment and cure of diseases, soienee, skill and discovery keep pace with inventions in other directions' The new i book lately issued by the Von Grae] Company, full of valuable hints and i information to young or old, free to ali • who call for it or order it by mau. Mr. Henry Valerius, of Harper, Keo kuk county. lowa, has found what h< ; regards as a sure cure for rheumatism |He says: “In regard to Chamberlain'i Pain Balm. lam pleased to say that j l ean recommend it with confidence, an< i that it has done mote lor me than an’ , other medicine for rheumatism, o which I have been a great sufferer.’ i Sold by Frank B. Meyer.
