[Colorado Mining]:

$850 · Offered by William Reese Company · No longer available

THE LEADVILLE MINING COMPANY. OFFICE, No. 57 BROADWAY, NEW YORK. CAPITAL STOCK, - $2,000,000. 200,000 SHARES, $10 EACH [wrapper title]. Very rare prospectus for the incorporation of an early mine in Leadville, Colorado. Leadville was the epicenter of the great Colorado Silver Boom, which began in the late 1870s. This prospectus dates from the earliest days of that boom, and reports on the fine details of the Carbonate Mine, located less than a quarter mile from the town on the same hill where silver was first discovered. The Leadville Mining Company proposes to invest heavily into this already operational mine, and the text of the prospectus provides reports which describe and analyze the Carbonate's operations in detail as well as the company's plans for improvement. The last three pages are occupied by a table recording lead and silver yields from the mine for 1878. The president of the Leadville Mining Company, Andrew W. Gill, was a wealthy New Yorker who invested heavily into Colorado in the 1870s and 80s. As early as 1879, he was already owner of no fewer than seven mines in five different counties surrounding Denver, some of them (including the Carbonate) quite successful. He also poured millions into Denver hotels and breweries, including Anheuser-Busch.A rare piece of ephemera from the early Silver Boom. OCLC locates only one copy, held by Yale University.

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