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HOME AND FLOWERS 



COMMENCEAIENT OF DEEP LEVEL TUNNEL 



A PURELY BUSINESS UNDERTAEXISrG. 



The Ethel Consolidated Mines is alto- 

 gether outside the category of mining 

 ventures. It is a producing property with 

 assets in excess of its capital stock. It is 

 earning dividends today, and distribntion 

 of these dividends will begin in April. 

 1903. The ability of the company to pay 

 twelve per cent on the par value of its 

 stock is being demonstrated every day by 

 the actual net earnings of the mill. Inves- 

 tors are not tying up their money for an 

 indefinite period when they buy this stock. 

 These shares will provide a sure and stead- 

 ily increasing income to those who are 

 fortunate enough to own them. The com- 

 pany welcomes the strictest investigation 

 of its claims and of the standing of its 

 officers and trustees. More complete infor- 

 mation about the property, equipment, etc., 

 will be found in the illustrated book, ex- 

 perts' reports and maps, which we will 

 gladly send on request to any one inter- 

 ested. Send at once so as to secure some 

 of the early issues of the treasury stock. 



Many companies owning but two claims 

 are capitalized at $1,000,000. The Ethel 

 Consolidated Mines has forty Mining 

 Claims and its capital is only $3,500,000. 



Altogether aside from its mineral re- 



sources it has as an asset over 25,000,000 

 feet of merchantable timber worth at least 

 $1,000,000. 



It has nearly 100 miners now employed, 

 and this number will soon be increased. 



Dividends will begin in April, 1903, at 

 twelve per cent per annum on par value of 

 stock. As soon as mill is enlarged to 650 

 tons, and smelter built, they will be in- 

 creased in corresponding ratio. 



I do not ask any one to invest their 

 money on the strength of the statements 

 contained in this advertisement. Send 

 for the illustrated book, maps^ and experts' 

 reports. They contain full information 

 about the properties. Write to any Bank 

 or Trust Company in N"ew Castle, Pa., or 

 to the AYashington National Bank of Se- 

 attle, Washington, and ask them about the 

 properties and what they know of the 

 Trustees. 



(^^ote.) Stock costing forty cents per 

 share will yield purchasers thirty per cent 

 on their investment. 



GEO. B. McMANAMON, 



Agent for the sale of Treasury Stock. 

 Offices: 1412-50 Williamsox Building, 

 Cleveland, 0. 

 Phone, Main 150. 



