TWO COPIES RECEIVED, r N 4 8 3 .Z61Z6 S&COWB (• Compliments of FREDERICK R. TIBBITTS, Banker and Broker, 21, 22, 23 Ames Building, Boston, Mass. THE ONLY KNOWN / NEGATIVE METAL Copyright, 1899 , by United Zinc Companies ft. ISSUED BY UNITED ZINC COMPANIES 53 AMES BUILDING BOSTON, MASS. L . T Rock Island MAHA St. Joseph Decatur nibal Clinton eiKANSAS CITY Rolla Lamar Carthage Springfield Monett IND/TE TWO COPIES RECEIVED. Library of Office of the , MAR 5 - 1900 " ,-zk. A. 5b016 Register of Copyrights NEB Parsons L of UNITED ZINC COMPANIES. UCH interest has been manifested during the past few months in the Zinc mining district of Southwestern Missouri and Southeastern Kansas. Investors have found upon examination that a field of unequalled possi¬ bilities for judicious investment has been opened to them, and have been quick to take advantage of the opportunities thus presented. JOPLIN, MO. Joplin, Missouri, the centre of this mining district, lies about one hundred and fifty tSniles south of Kansas City, and three hundred miles southwest of St. Louis. It is a city of some 25,000 people, and is an important business point on four trunk line railroads ; namely, the Missouri Pacific, the Kansas City, Fort Scott, and Memphis, the St. Louis and San Francisco, and the Kansas City, Pittsburg, and Gulf. Most excellent banking facilities, encouraged by the enormous weekly production of about a quarter of a million of dollars in wealth, are afforded by the Joplin National, the Miners’, the First National, the Bank of Joplin, and the International. As an indication of the volume of business, the fact may be mentioned that the deposits of the Joplin UNITED ZINC COMPANIES. National have averaged about a million dollars for the spring and summer months of 1899, while their capital stock is only one hundred thousand dollars. ; Considering the number of men who have made large fortune$ in Zinc and Lead mining, there are comparatively few modern buildings in this city, and like the mining- camps, which are mostly operated in a crude and superficial manner, there are many opportunities for successful investment in real estate. The Keystone Hotel is a mod¬ ern building to which an annex has recently been added. The city has an excellent system of water works, gas works, and electric plants, good sewerage, and the general sanitary condition is of the best. Driving is a pleasure in and about Joplin, from the fact that practically every street and road is macadamized with refuse from the mines. The country round about is hilly, but land is fertile and occasionally covered with a growth of hickory, oak, and elm. The climate is mild, seldom being severe enough to interfere with mining operations at any season of the year. OTHER CITIES. While Joplin is the centre of the district, prosperous cities and “ camps ” are / fHrnTWkThiriffiTn'frrfyffr-iT-iifrBittHTrtri TTtiiiTmnnrrm' n i n■ ii iT TirwMtfrni mTnMWiiT tfTifWv'^ Ti t ———— KbhhKtNUL AAA Zinc and Lead Mines- • •• Tripoli Mines

.72 4.32 1897. 10.50 1897, 16 1898 11.63 15.60 3.95 4.66 1898. 10.50 1898, 17 1899 18.33 29.63 4.52 5.82 1899, 19 1899. 34 Increase, 57% 90% 14% 24% 80% 100% This Mine has produced $ 1 , 000,000 from less than one acre of ground, and is still producing. ZINC COMPANIES. UNITED FROM THE INVESTOR’S STANDPOINT. The immense wealth-producing power of the district can best be appreciated from the fact that ores valued at over $80,000,000 have been taken therefrom since its discovery, a total of over 2,250,000 tons of Zinc and 425,000 tons of Lead, which at present values would reach the sum of $113,000,000. The above output has not been the result of a large investment of capital, but has been produced by the most primitive methods. A prospector with pick and shovel and a “ grub stake ” has had his chance to make a fortune. Even to-day, after the introduction into the district of modern machinery and better business methods, it does not require large capital to equip one of the best of concentrating plants. Mines that are sufficiently productive are provided with modern ore dressing and concen¬ trating plants, which cost from $5,000 to $20,000. These plants have a capacity of handling from thirty to two hundred tons of rough ore a day. In these plants the ore is hoisted from the shafts, the tubs run on cars over a trestle, and the ore is dumped into the crusher-bin. The ore is fed to a large crusher and then over a screen, then into other crushers and over screens until it is fine enough to go into the jig-boxes. These Interior of a Concentrating Plant , Property of the United Zinc Companies. UNITED ZINC COMPANIES. jig-boxes are arranged in banks. They are filled with water, and instead of having motion of themselves, the water in them is in a state of constant agitation. The crushed ore passes into the first box, where the lead crystals, being the heaviest, at once sink to the bottom, and the material remaining is carried down into the next box, where the heavier particles of Zinc ore sink. The material continues to flow down through the boxes, of which there are usually two banks of five boxes each, until the finest particles of both Zinc and Lead ore have been extracted. The waste, or tailings, is then carried by a bucket elevator to the top of a tower, and runs through a trough to the distant dump pile. The Lead and Zinc ores are let out of the jig-boxes into troughs and carried away to separate bins. Some mines will turn out ore that will clean up from fifty to sixty per cent of ore as taken from the mine. The next mine may not make an average of over twenty-five per cent, although on solid shooting ground. Then again, large deposits of disseminated ores are found that will not make an average of over ten per cent. Some mines require large sums of money to be spent in timbering, while others have not a timber in them. The greatest expense in many mines is pumping, a heavy flow of water passing into them all A Mine Adjoining the United Zinc Companies’ Property, Which Has Earned 1,000 per cent in Dividends within Three Years. UNITED ZINC COMPANIES. Wv^:wwMiw«vji , iwMw«MwwwwMiai«Mww , wwnyw»Minii!Wt»»iwiH»wii.iiii■U7 .»wf» innim—n n. -i m»mi«wan» t v.^v -v<,< e\ r-:*ctwwr« W2 SIa::;:^/, - v *? the time. However, it is often the case that a camp, or several sections of mines, will have a large pumping-station and shaft on it that will drain all the adjacent mines. It is thought that the average cost of producing Zinc ore in the district is about $10 a ton. The Lead ore which is found in nearly every mine is practically a clear profit to the oper¬ ator after the royalty is paid to the landowner. It is believed that the present cost of pro¬ duction will eventually be much reduced by a still more systematic method of working the ores. Many millions of dollars are represented in the developments located principally in the vicinity of Joplin, Webb City, Carterville, Oronogo, Galena, and Empire. Other sections are coming into prominence with a large production of ore; and judg¬ ing the mining-camp as a whole, it is practically in the same position as was the coal district of Pennsylvania thirty years ago. Land which is selling to-day at $25 to $50 per acre will undoubtedly be worth from $500 to $1,000 per acre within the next ten years. Millions of acres are still undeveloped, notwithstanding the fact that the smelting capacity is at the present time one-third greater than the output of ore and there are four new smelters of large capacity in the course of construction in the vicinity of Iola and ~ ' . . Mine and Mill, on Property of United Zinc Companies. UNITED ZINC COMPANIES. Cherryvale, in the natural gas belt. There is no mining-camp in the world which can show so few failures and so many men made rich who began mining with practically no capital. From 1850 to 1860 only $40,000 worth of ore was taken from the Missouri Lead and Zinc district and sold for about $4 per ton. The ore output for six months ending July 1st, 1899, has averaged over $220,000 per week, and sales of Zinc ore have been recorded at $55 per ton. The landowner usually leases to the miner, who pays from 10 to 30 per cent royalty upon the gross amount of ore produced. The lease costs nothing originally. The pros¬ pector, either by drilling or in sinking a shaft, commences the development of the land, and upon finding a body of “ pay dirt,” a concentrating plant is erected. This system has given to the small operator the greatest possible chance, and to such an extent has it been car¬ ried that the whole surrounding district is one succession of immense, white, waste, dump piles, in many instances representing a fortune made. The prospector is the most opti¬ mistic of men. He always has a fortune just in sight. This happy faculty makes the miners a most pleasant and agreeable class of people to deal with. The employee to-day expects to be employer to-morrow. Hence no labor troubles. " Strikes are unknown and faBonoMHi MM View of Three New Mines on United Zinc Companies’ Property. UNITED ZINC COMPANIES. labor is well paid and of a most efficient character. All of these things tend to make the district attractive to the investor. Some years ago Zinc spelter was selling at an average of 7 cents a pound. At that time the best price that could be obtained for Zinc ore at the mines averaged $12 per ton. At the present time Zinc ore is selling at about $45 per ton, and spelter at 5f cents a pound. The increase in the price of Zinc ore in the year 1899 has been partly owing to the increase in smelting capacity, and hence greater competition among the buyers for the ore. In the early history of the district the smelting capacity was less than the ore pro¬ duction and hence the ore buyers for the smelter were enabled to fix their own prices on the ore. At present the smelting capacity is largely in excess of the ore supply. When ore was $12 per ton transportation facilities were insufficient and charges high for shipping ore to the smelters. All of the largest Zinc smelters are located at the coal¬ mines or gas-wells, as it requires three car-loads of coal to smelt one car-load of Zinc ore after it has been concentrated. Concentrating mills are located at the Zinc-mines, and ore-buyers purchase the ore MM UNITED ZINC COMPANIES. for the smelters for cash at the mines. As railroad rates gradually became lower, the ore-buyers were enabled to pay a higher price without interfering with the smelter’s profit. The crude and superficial mining of Zinc ore 15 or 20 years ago by individual workers with small capital, who were forced to sell their output for cash every week, has given way to a certain extent to corporations with sufficient capital to make the ore-producers somewhat more independent and demand a greater degree of recognition from the ore- buyers regarding the price of ore in ratio to the price of spelter or refined Zinc, making a more equitable division of profits between the miner and the consumer. The Zinc-producing business to-day is in better shape than ever before, yet there is opportunity for much greater development and improvement, which may be brought about by the displacement with modern machinery of old methods of mining. It may also be stated that since Zinc was first discovered, in the latter part of the Middle Ages, there has been no change nor radical improvement in the process of smelting ore. From the above description may be noted the necessity of careful selection in making investments, and the eight (8) per cent cumulative treasury preferred stock of the United Zinc Companies is commended to your attention. UNITED ZINC COMPANIES. EFORE making an investment in any Zinc stock the previous records of the mines should be fully looked up and one should also ascertain if the manager in charge of the property has had years of experience in the Joplin district. A mining company may make a good showing for a few weeks, but the physical condition of the property can only be ascertained by a careful review of the output of ore as published weekly in the Joplin Sunday Herald or Globe. It is usually best to invest in a company which depends principally upon a royalty for its income; that is, a company which owns the land in fee simple and leases to miners upon a royalty of the amount of ore taken from the property. The “ Conqueror ” mill illustrated on the previous page was first put in operation March, 1899, and for the succeeding nine months turned in 2,337,340 pounds of zinc and 47,830 pounds of lead, which sold for $50,806.03, and paid the United Zinc Companies $10,161.18 in royalties. A second and third shaft which are in rich ore will increase the output of the mine in the future. This is only one of ten mines, located upon the 80-acre tract which cost the Company in fee simple $77,500, paying them a 20 per cent royalty. The Company own several other tracts of land in fee simple and lease to miners upon a royalty. A full description of properties and engineers’ reports can be seen at the office of the Company, 53 Ames Building, Boston, or 303 Main Street, Joplin, Mo. Further in¬ formation regarding the property will be mailed upon application. DONE AT THE EVERETT PRESS. JOPLIN DISTRICT OUTPUT, 1899- The Sale of Ores tor the Year and the Prices Paid. A Handy Table Showing the Price Each Week and the Average Price for the Year. O W O O L < 2 £3 « w v c u r o _h U -m X < ~ v 4 v "-OqOOOOOOOOOOOOOOOOOOO'-OOOOOOOOOOOOOOOOOOOOOOOOOOOOO O O O O O O O O muimuMno O O O O O O O O O imnunnmo O O O O O O O O O u“> O O O O O ul Si r^o vo v/~i\dso iAin v/iio\6 vd vo\d\d\d \o \d \o vd tArAt'SrAtX.t'ttAiX.tAt'ST.rAt'tL. Ko rTo" iX iX iX tA tX tA tA oooooooooooooooooooooooooooooooooooooooooooooooooooo t/~\ o im O tm O O O O O O O O O »m O »m O O O O O O O rri o o im im 0 s O O O O O O O O O O O O O mmO O O O ur 0 s p) co 4 oO 1 mco O') co cb co co i-AxO h lAnO m m 6 DO N 4 N 4 ro 4 't^uriruriirnnirirororocoro 4 ro 6 p) m 4 x 0 4 x 0 * hlt^rOt^rOTTT'd-T’t'd-T’tLr>ic»rriiriir,u-iir 1 'tT}-'t-d-Tr-^Tj-Tt-rfTt-Ttd-'d-'tT'tTrTH-H-’trf'trot r )roo r )rOrorO^ ik -h naoi nioox tOh o or o xo d- o xo pom coxo ok -t h m o o m o xo cm^ n o oo xkco co no h 0 s oc xo d- Ik d"CO xO rONurioNOX rOO O co m OtONN N MJ O O OO ton h d* m xij Pi no O CO O' CP (J m OOOoo O d" P) 0 s CPCO \£> o O M N M O^ M'O vO Vd- h rOiOH co PI COCO xO O CP COCO CPCO mroo rOnOCO im CP COCO CPxO d - O m cOxO OCOOvOXO d- O o' PI CT'^CT' h\£) m d-xO imxO m irsiovO O >p PI O O CO d*xO im P) i/p cb pT 4 - o o ^ 4 4 0\0 4-00 tm CP Cpcb'xb' CPxb~ CP 44 o' inNO O P) CPxO Nh\£) immniricCO X) mm d-mo d* m m O ioO CP^m tmxO P) COCO O O'OO d-xO xO tome d- O m Ik m im H H N N H HHNNNNNNNNNNNNNNNNNNHNHNNNNNHHHHNHHMhHHHHNNHNH *** Q W < J w < K> O T d" CP T T fO PI m imxO d*CO n CP O CTO CP CO O hX N CPDO in CP-O rrO G’O COCO P)CO ^d- — P) OX^NO CP O CO P) CP CP O O P) COP) COO N mNn co P) CO O d-mNO O^irrco 4 4 pTvrToo 4 co i pivoT coc /4 -t-co co co xk coco cp o -d- >pi cpco m o m >— co^o knh tp xk jpco inn 4 4 co~ co cp pi nh 4 4 t 4 cox 4 MC>o P>. m P) 0 x 0 CP IP -d-xO COO P) O m o ni w- CP m OO CO CP P) m OxOCO d'nimnN CPCO xO CP IK O COCO P) CO xO pi O^CO XkxD tP O s cO O'' O OO i/"O 0 l P> O O CP O CP O 0^00 O^ CPOO CPO^CPCPO^CPXKTPCP 0 X 0 P^CPO O'P) CO 0 s O m tKxO NNO O O CO m o CO P) xQ 4 4mmmmm m m mmm mm 444444 O m CP irs CO 0 s m XkxO no rf ipixO 'd - m ipjxO c^,C 0 O N ip h X N PI P) O O d-xO CP d - O d"CO tP d* P) O CP CP d - CPCO Xk P) ipt Tk 0 s CP xO NOxO com N'Pd-KHXOO CP CP P) xO co O d- — xO Xk CPxO xO xO P) CPOxm h- Nind-H\£) pj CO m hh CP CP CP CP O KNX CPOO rONPrO no d” 0 O K Pi KN m T O^ N N K m^ m^ no N^ N n^ h O^ d^ m^ doCPO^xOO xO Xk irroc CO P) d - no m n m 0 X 0 xO no d* m x>. o K Pi 44in4co 44 pf 1-riocT c4 cT Xk 4 m" o ' 4orT pr PI P) no CPxO xO nOxO N -d co d- d- no no no P] NPinNro P)P)MMMmM|HP)P)P)P)i-(MMMI—(MMMM l-lMMMMMMMI—lh-( rRvrT K 4 OO m o d- CP CPxO 0 x 0 d" CP m m hcO p) d" d*CO CO irr Xk P) CO 4 tK NOCO d" m CP no P) P) no no md-mco no P) P) d- m to CO CO d N N PI Cod-NNOOO d* m CP no PI P) nonomd-'nconopi P) hhh hh HMHNNNNNNNNNNNN noOOOOOOOOOOOOOOOOOOOOpOOOOOOOOOOOOOOOOPlOOOOOOOOOOOO S rp 4 } d- no M CO d- O co dCO CO immxKO no d- d- Xk p) XkxO loKh d d-xO xO K d lx p| NdO Nd-PmK d-co O'O d Xkco , 7 , 4 V cS'fip o M M 5 o 4 kO CPCO H h CPnOMO d-M OOOXK d-xO P) M coco inM o d COCO 0 X 0 XKPMn' - ~ ^ - - O CPCO H H PCOM xO^ d- m O O O XK d-xO PI M coco in M O d* noco 0 X 0 OO KN inw o P) CP m CO XkxO o O *-ri 0 s CO CP m no co Xk co P) com m nq pi m o co xO O PI d- 4 no d- 4 xcT 44 cf' 4 m 4 4 O CP Xk o' CO m P) CPxO no O KdMCO d-MCO d-P) PmroOxO no O Ikpj CPxO nO 1 O CO mp| CP PI CPxO no O NCOO KdM CO d* m cO m d - » M P) P) M H N 1 ^ ^ 4- - - z>~ PH C ^ Ct 3 c " ^ m N no M N N C 0 C CuCC- P) m pi no m P) P) M N CO m N N CD C- - bo V' r Tl > o nO XkxO 0x0 O Xk XkxO mKmO'd-cONxO CP CP vmco xQ CP COxO PI Xk O m CP cT o 4 4xcT coxb'eo o r n 4 4 n 4 4 o 4 o r o o m m o p o o n cpco' 4 4 4 4 d'eo 4 4 cp cp 4xd'co' 4 4c4 o cp 4 pToo ^ xk M M P) CO Total, . 511 , 657,470 | $ 9 , 590,456 48 , 212,720 $ 1 , 272,008 | $ 10 , 862,464 Average Price of Zinc Ore, $42.74 per ton. Average Price of Lead Ore, $26.33 per thousand pounds.