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Four Different Idaho Mining Stocks (116953)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:360.00 - 700.00 USD
Four Different Idaho Mining Stocks  (116953)
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Lot of 4.

1) South Mountain Cons. Mining Co. Extra rare and a GT Brown lith. Location of Works: South Mountain District, Owyhee County, Idaho Territory (printed to the right of the vignette). Inc. 1874. No. 190, issued for 500 shares to company secretary William Willis on April 8, 1875 in San Francisco. Also signed by the president (illegible). Not cancelled. Black border and print. Fancy company logo and vignette of mine hoisting scene. Printed by noted African-American lithographer G.T. Brown. Many folds, some creases. 4 x 9.25" According to Raymond (1877), the failure of this company "brought operations in that camp to a dead stand-still" (pg. 203). He reports the whole South Mountain is a "dead camp", having not escaped "the financial crisis which so seriously crippled mining activities in Silver City..." "With the company, the whole camp went down..." (pg. 227). It's failure was tied to many things: the failure of the Bank of California and the resulting panic that had on stockholders; the company's large expenditures; and the miners going on strike until they were paid. The camp had 800 people at its peak. Located 26 miles south of Silver City. [See Raymond, 1877, pgs. 227-229]

2)Silver Crescent Mining Co. of Indianapolis. Location: Alturas County, Idaho (printed at bottom left). Inc. in Indiana. No. 40, issued for 100 shares in 1885. Signed by president WP Johnson and secretary Jno. Richardson. Not cancelled. "Silver" is crossed out in the title. Black border and print. Nice mining vignette. Staple holes, large pinhole, deep folds, bent corner. 5.5 x 9.5" Not in Filer or Holabird indexes.

3) Idaho Consolidated Gold & Silver Mining Company. Located at Soldier, Idaho, according to The Mining World, Vol. 22. Inc. in New York. No. 909, issued for 100 shares to treasurer John O. Hayt on March 31st, 1882 in New York. Signed by Hayt and the vice-president. Not cancelled. Green border and background, underground mining vignette. Printed by Kendall Bank Note Co., NY. Folds, light wear. Very clean. 8 x 11"

4) New York & Idaho Gold & Silver Mining Co. Inc. in New York. No. 42, issued for 100 shares to James T. Richards on May 24th, 1881 in NY. Signed by president Edward J. Curtis and secretary Samuel Pickey. Not cancelled. Black border and print, gold seal, underground mining vignette. Printed by E. Wells, Sackett, & Rankin. 7 x 11" Pinholes, folds. According to An Illustrated History of the State of Idaho, 1899, the company shipped a 30-stamp mill to South Boise in 1863. Formed by RB Farnham.

Provenance: Ken Prag Collection
Country (if not USA):
State: Idaho
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