C. L. Godard and J. L. Rebstock to S. ?. Ferrier, the Mollie Dwyer lode; $ 10000
Molly Dwyre Mining Co. Inquiry
Molly Dwyre Mining Co.
4533. (Shaker Station, Ct.) Will you kindly state your opinion of the Molly Dwyre stock recently offered at 3½ cents per share by the Ramsay C. Bogy Investment Co., Equitable building, ground floor, Stout street side, Denver, Colo.?
Ans.: This company is capitalized for 1,500,000 shares, par value $1 per share, fully paid and non assessable. It has about $1,700 cash in the treasury and about 200,000 shares of stock, with no debts.
It owns the Molly Dwyre claim on Gold Hill (United States receiver's receipt), adjoining the Robert E. Lee and Blanch claims of the Blue Bell Company, also adjoining the Independence, of the Mutual Company, and in the immediate vicinity of properties of such well-known companies as the Alamo, the Anchoria Leland, the Anaconda, the Jack Pot, the Lexington, and other prominent shippers.
The company also owns the New Discovery (patented) on Squaw mountain, adjoining the Viola of the Cripple Creek Consolidated Company, and within a few hundred feet of the Alpine, of the same company, also adjoining the Black Diamond of the American Consolidated Company and very near many other well and favorably known properties.
Mr. J. A. Sill, of the Union Gold Company, of Colorado Springs, Colo., is president; Mr. John C. Mitchell, cashier of the Denver National Bank, is vice-president; Mr. A. W. Chamberlin, of Denver, is secretary and treasurer.
Work is being pushed on the Molly Dwyre claim. The stock is listed on the Colorado Springs exchange among the prospects, which, of course, assures a ready market for it. The latest quotation on it is about four cents. Since being put on the open market, the price has fluctuated between 3 and 5 cents on this stock.
Work on the Molly Dwyre claim is making a good showing, and very good assays, we understand, have already been secured and good veins found in places. The location of the property is good, and prospects are considered favorable for the company.