A mining deal of considerable size and importance was recently closed. The deal included the sale and transfer of two well-located claims in the Cripple Creek District to the Constantine Consolidated Mining Company, which had been incorporated for the purpose of holding and working the same.

The claims in question are the Constantine and Julia E., comprising a little over 10 acres of patented ground and for which a price in the neighborhood of $100,000 was paid.
The deal was promoted by Messrs. J. R. McKinnie, N. S. Gandy and L. R. Ehrich, who completed the purchase of the property and organized the Constantine Company to operate the claims.
The deal has been on foot for some time, but it is now finally consummated, the papers are signed, the deeds turned over and the company perfected its organization.

The new company is capitalized for 1,500,000 shares at the par value of $1 per share. Of this amount 400,000 shares have been set aside in the treasury and in addition to this amount of stock the treasury will also contain about $10,000 in cash.
The officers of the company are:
L. R. Ehrich, President
J. R. McKinnie, Vice President
N. S. Gandy, Secretary
George E. Hasey, Treasurer
These gentlemen, with W. C. Stark, compose the directorate.

Company is active or promise to be active trader on various exchanges.

Name: CONSTANTINE CONSOLIDATED M. CO.
Capital: $1,500,000; par value, $1; 175,000 shares in treasury.
President: Louis R. Ehrich
Vice-President:
Secretary: N. S. Gandy
Treasurer:
Superintendent:
Manager:
Office/Contact: Giddings Bldg., Colorado Springs.
Lessees: 1. Lessees are working the Constantine under contract to sink shaft to the depth of 400 ft.; 20 per cent. royalty.
2. Julia E. also being developed by lessees.
Description/Note: The Raven Hill properties are in the vicinity of the Doctor, Jack Pot, Joe Dandy and other heavy producers of this section. See Plats P, F.
Owns: 1. Julia E. and Constantine, each 5 acres, on Raven Hill, in S. ½ Sec. 19, and
2. 3¾ acres of the Tipton, on Squaw Mt., in N. ½ Sec. 31, all patented.

Denver, Colo.—A streak of ore in the Julia E., on Raven hill, assays $300 gold per ton.

The recent rich find on the Julia E. mine at 200 feet depth assaying $600 a ton ore. The mine is the property of the Jennie Sample Company, and is situated on Raven Hill.