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McCrackin Consolidated Mining Company Stock (88021)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
McCrackin Consolidated Mining Company Stock  (88021)
SOLD
60.00USD+ (15.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Jan 26 @ 13:23UTC-8 : PST/AKDT
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Location printed in the upper right: Owen Mining District, Mohave Co., Arizona. No. 1156, issued for 50 shares to A Frank. Signed by H August Whiting and president E. Casserly. Dateline San Francisco 1878. 'Consolidated October 7, 1876'. Lith. Britton, Rey & Co. Folds. 4 x 8.5" Not cancelled. One rip and nicks at fold edges. The mine was discovered by Jackson McCracken (notice slight spelling difference) in 1874. Located twelve miles from Greenwood, six miles north from Bill Williams Fork. Owned three claims: the Alta, Senator, and Palmetto, on the crest of a mountain. In 1879, it was reported as having a shaft 365 ft. deep, and the vein explored with many tunnels. The ore is described as "earthy, oxidized ore, dry and friable, easily mined and milled." Assays run from $25-70 per ton. Weekly ore extraction is 600 tons. They also have a 20 stamp mill. The mine is described favorably and promising. [Ref: United States Annual Mining Review and Stock Ledger, 1879, pg 217] Prag Collection State: Arizona City: Mohave County - Owen Mining District Date: 1878