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Manhattan Silver Mining Company Corporate Letter Regarding Silver Bars, 1869 [165501]

Currency:USD Category:Coins & Paper Money Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
Manhattan Silver Mining Company Corporate Letter Regarding Silver Bars, 1869 [165501]
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Manhattan Silver Mining Company of Nevada three page corporate letter datelined New York in 1869 from the corporate secretary Morgan L. Ogden to Allen Curtis, the mine manager in Austin. Curtis was the agent for the company as well. The letter acknowledges receipt of silver bars including 21 silver bars, totaling $31,623; 16 silver bars, valued at $23,769 and 14 silver bars valued at $21,706. Ogden notes that the various silver bars had been sold at premiums of 1 3/4% -2%. Transportation fees for the three groups of bars were $727, $953 and $881. Corporate also notes that they paid assorted drafts for the company. Ogden also notes that reclamation of short weights were paid on 36 silver bars. Also, bar #1610 turned out to be 8 points less fine than marked. Sixteen bars were deficient in fineness in total but bar #1630 was 3 points over the fineness marked. Lastly, Ogden requested information from Curtis regarding debts of the company as of October 31st, so as the company could file their annual financial statements by January 20th. Very interesting content regarding the inner workings of this very successful mining company in the Reese River district. The Manhattan Silver Mining Company ultimately produced over $19 million in silver. [ Austin Nevada