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Sierra Blanca Silver Mining Company Letterhead - RARE! (104001)

Currency:USD Category:Collectibles / Mining Start Price:90.00 USD Estimated At:180.00 - 300.00 USD
Sierra Blanca Silver Mining Company Letterhead - RARE!   (104001)
SOLD
90.00USDto i*****l+ (22.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 13 @ 10:04UTC-7 : PDT/MST
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Three page letter from President Low on Sierra Blanca Silver MIning Company of California letterhead. The letter was written to provide a status on the mine to its shareholders. "2875 feet of quartz ledge." "Depth of 140 feet." Quartz mill in "fine running order, etc. The only reference we found to this company was in the San Francisco Examiner on October 21, 1865. In a long article on Mono County it is mentioned. Mr. Low and New York capitalist were very choosy in selecting this site to invest in. The area has ample water and power resources. W. H. Dalyrymple of San Francisco is the superintendent. Boarding houses for the workers, stables and ore houses are currently being built. The mill will wait until spring of 1866. First class ore from this site will yield $700 to $1000 a ton and be shipped to England. They have also purchased 600 acres of the Hot Spring Valley - the entire valley! No gambling or whiskey establishment will be tolerated on their property. One hotel has been granted license - that to Mr. Bick of Aurora. The hype was certainly there, but since we found no additional information we assume the ore wasn't.We also found reference to a meeting chaired by Mr. Low on January 12, 1866 at the New York Chamber of Commerce.

Date: 1866
State/Country: California
City/County: Mono