Mining Prospectus (2 results)

Sheet of stationery for the company, 10 7/8 x 8 3/8 inches, bearing a partially printed form letter, completed in manuscript and signed by managing editor M.M Welch August 28, 1890, asking a correspondent for a notice on "Dennison" (?). A prospectus for the periodical, to be published monthly at $1 for an annual subscription, describing its intent, listing ad rates, etc., is printed in a column at the left edge of the sheet. The periodical is apparently not recorded on OCLC. Welch served as secretary of Atlanta's chamber of commerce in the 1880s. Very good.…

Oblong 4to. 10 x 7 in. 47, [1] pp. With photo plates, text illustrations, 1 large folding map. Textured beige softcovers, raised embossed copper decorative lettering front cover, yapp fore-edges (slight toning, minor shelfwear), still a VG bright copy. First edition of this exceedingly rare mining investment prospectus issued following World War I by The Western Smelting & Power Company to raise money to build their two-part aerial tramway system to connect the Homestake and Gold Dust mines to the Company's copper smelter just completed in 1921. The WS&P Co. had already built a 350 kilowatt hydro-electric power plant near the 53 foot "Big Fall" waterfall on the Clark's Fork River, which featured a quarter mile wooden flume to carry water to the plant, and in fact the flume required so much lumber, they had also constructed a sawmill producing 800,000 board feet of timber. When completed the tram operated at a speed of 12 mph and was capable of delivering 250 tons of ore to their smelter every six hours. Although the tram was completed four years later, there is no evidence either the smelter or tram was in operation by 1926, and the company never reached commercial production. By late 1926, the Gold Dust Adit had reached 2100 and had not tapped the Homestake's ore body, and in 1929, the WS&P Co. had failed to stockpile any ore. Eventually the smelter was converted to 1000-ton flotation plant, and destroyed by fire in 1988. The Map depicts "Claims surveyed for patent and principal locations, New World (unor) Mining District, Park County, MT. Tanzer (1863-1927) had originally organized the New World Mining & Development Co. in Cooke City, MT in 1904, and after beginning initial construction, and with additional investors, it became the Western Smelting & Power Co. He was an inveterate developer and promoter of Cooke City, MT mining interests. No copies in Worldcat; See: Chapter 4. The Western Power and Smelting Aerial Tram System (24PA879), US Forest Service (2024), pp. 4-1 thru 4-32 (with photos); Historical Note - Week of March 8th, Cooke City Mining Man Dies in Germany, Cooke City Montana Museum (2023).…