Colorado City & Manitou Prospecting and Mining Co. Inquiry
Colorado City & Manitou Prospecting and Mining Co.
ELMIRA, N. Y., July 3, 1893.
Editor of the United States Investor.
Please send me report on the Colorado City & Manitou Prospecting and Mining Co. of Colorado City, Colo. Please give what information you can as to character of men comprising the company, in a general way the value of their properties and prospects, also value of their stock, and oblige,
Yours truly, H.
The gentlemen connected with this company are all reliable men of that town, who have put quite an amount of money into their properties in Cripple Creek. They believe that they have good prospects, but aside from that we have never heard of great returns.
The stock is worth, if there was any demand, about one cent to two cents a share. The number of claims is 18. They are not shipping any ore, but it is reported to assay from $5 to $60. The par value of the share is $1, and the capitalization is $2,000,000.—ED.