Elkton Gold Mining Co.
3408. (Belfast, Me.) Will you kindly give me what information you can of the Elkton Gold Mining Company, of Cripple Creek.

Ans.: There is no such company now as the Elkton Gold Mining Company. There was at one time, but it became merged into the Elkton Consolidated Mining & Milling Company, with a capitalization of 1,250,000 shares, of a par value of $1 per share; 250,000 shares are in the treasury, and there is about $118,000 cash also in the treasury.
The company owns the Elkton, Kentucky Bill and Walter Lodes on Raven Hill, in the Cripple Creek district, comprising 23 acres.

The stock has lately sold down as low as 51½ cents per share. It has been paying dividends of two cents per share monthly with great regularity for some time past, and has occasionally paid a one cent per share extra dividend.

The following are the officers:
George Bernard, Colorado Springs, Colo., president;
W. S. Jackson, Colorado Springs, vice-president;
J. H. Avery, Colorado Springs, secretary and treasurer.
The main shaft is on the Kentucky Bill, 395 feet deep with 20 feet sump. There are four levels, aggregating over 1,100 feet of drifts. There is a full equipment of expensive and efficient hoisting and pumping machinery.
This property is locally regarded as one of the leading mines of Cripple Creek, and has paid a large amount in dividends, including $270,000 during 1897. Better ore is now being taken from the Elkton, at the lower or 400-foot level than has ever been found at any point in the workings.
During the month of March the output was approximately 1,200 tons, and it is expected that the production for April will show a gratifying increase over that figure. The lower workings are encountering considerable water.

At the last regular monthly meeting of the company, a dividend of two cents per share was made payable April 20. When this dividend shall have been paid, the company will have distributed a total of $516,960.57 among its stockholders.

Cripple Creek—The Elkton Con., working one shift six days a week, continues to ship at the rate of 1,200 tons monthly and the net smelting returns are about $35,000.

Denver.—The Elkton has shipped thus far this month 24 cars of 2-ounce grade. The output for December is reckoned at $50,000.

Cripple Creek.—The strike recently made in the fifth level of the Elkton, on Raven hill, promises to become one of the greatest rinds in the district. The vein carrying the rich ore is located 75 feet west of the main shaft, and as development work continues it increases in width. All the way across it gives returns of $35 to the ton, while small knifeblade seams carry values as high as $400 and $500.
The Elkton is crosscutting now for an extension of the vein in the fourth level, and it is expected to expose the ore body proper with any round of shots.

Denver, Colo.—During January three new strikes were made in the Elkton property, in blocks 7, 8, and 13, at different depths. The company is working 100 men.
The Hayden lease on the Gregory claim of the Elkton has cleaned up about $300,000 in the last six months. The royalties paid from this lease have furnished sufficient funds to pay for the large amount of development work performed by the company in the main workings of the Elkton proper.

Colorado Springs, Col., Feb. 20.—On the Elkton property operations are being carried forward on a tremendous scale, not only by the company, but by different lessees and from the different operators between 3000 and 4000 tons of ore are going out each month, which leaves a profit balance of over $25,000 to the company each thirty days.

The production at the Elkton mine at Cripple Creek was raised to 60 tons a day several weeks ago. This output is being steadily maintained.

NOTICE OF SALE OF REAL ESTATE
BY ADMINISTRATOR.
Notice is hereby given that by order of the county court of Teller county, Colorado, I, the undersigned, as administrator of the estate of J. T. Holmes, deceased, will on Tuesday, the 27th day of March, A. D. 1900, between the hours of 10 o'clock a.m. and 3 o'clock p.m., of said day, at the front door of the county court room in the city of Cripple Creek, in Teller county, Colorado, offer for sale and sell at public sale the following described tracts of land belonging to the estate of said deceased as follows, to-wit:
an undivided one-seventh (1-7) interest in the Kentucky, Minnie Bell, El Paso, Lucky Bird and Mountain View placer claims, situated in the Cripple Creek mining district, Teller county, state of Colorado; said tracts of land will be offered for sale and sold for the highest price obtainable for cash in hand, and not less than the appraised value thereof.
The right to adjourn said sale for good reason will be reserved by said administrator.
Dated at Cripple Creek, Colorado, February 28, A. D. 1900.
CHARLES W. PECK,
Administrator
THOMPSON & THOMPSON,
Attorneys for Administrator