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=================== GETS THE -
STAFFORD COAL MINE
Big deal, which has been pending for several months, ends with new company in
control of the Oldest Producer in the Little Bow River District —a very valuable
property —Forty-acre Townsite Included.
The directors of Durham Collieries, Limited, take pleasure in announcing the addi
tion of the Stafford Coal Mine to its already large holdings in the Little Bow River
District of Southern Alberta. The Stafford mine has been in operation for years,
and has supplied a large part of the coal used within a radius of 25 miles of the
property. This mine has an established and very profitable business and it is the
key to what will surely be one of the greatest domestic coal districts of the North
west. The deal just closed, in addition to increasing the coal reserves of this com
pany, also gives it a working property from which coal is being mined every day at
a large profit per ton. It is now a matter of gradually increasing this output in
order to make the shares of this company worth par or more. The deal just con
cluded also gives the company as fine a 40-acre townsite as can be found out of doors.
You know what this will mean in the center of a big coal camp. The company now
controls the coal rights on 2870 acres. It now owns two properties that have pro
duced a big tonnage of coal at enormous profits per ton. It now r owns a property
that is in operation and which is making a profit for the company every day.
Durham Collieries, Limited, is growing into a great enterprise. If you want
to share in this development and receive a part of the profits, G-ET IN NOW.
THE STOCK TO BE SOLD WON'T LAST FOREVER
Coal stocks are the safe stocks. They pay big dividends. No one can
ever obtain wealth from wages alone. Earnings must be saved and then
properly invested. Take advantage of this country's great natural resources.
Here is a gift of nature which simply has to be mined. We have not to
prospect for the coal, we have it—millions of tons of it. Why hesitate 1 A
small sum invested in this stock will return the equivalent of years of toil.
Nobody ever got rich by leaving his money in a bank. The banker gets rich,
of course, but he doesn't leave it there. There is not much difference between
you and the rich man; you have as much ability as he, probably more, but he
has at some time made one investment whereby he put himself on his feet ;
remember that one good investment is worth a life time of labor ; remember
it is the compounding of money that counts—a dollar invested at 4 per cent
compound interest for fifty years only amounts to $4.38, while the same dollar
invested at 7 per cent compound interest amounts to 829.46. Remember that
this investment, making every allowance possible, will pay at least 40 per
cent on the money invested—piobably a great deal more ; as these divi
dends are paid the stock will become enormously valuable: you can make no
mistake; the coal is there; you know the demand for it in this country; it is a
necessity of life. Everything comes to the man who goes after the thing
the other fellow is waiting for ; don't try to live within your income ; make
your income bigger than your living; an investment in this stock is the way
to do it. in 1874 two young men each had a thousand dollars; one placed
it in the bank at 5 per cent and the other bought a few shares of stock in the "Hecla"
mine. The man who put his money in the bank allowed it to accumulate at 5 per
cent per annum. He drew from his bank finally $4311.45. The man who bought
"Hecla" stock for his thousand dollars "cashed in" at the same time as the other fel
low, but drew $650,000 as a result of his share investment—that's the difference
between saving and investing. 25c PER SHARE, REMEMBER. Buy as much or as
little as you can afford at this price.
COLFAX GAZETTE, COLFAX, WASHINGTON, MAY f>, 1910.
Experts estimate that this coal can be mined on a large scale at a cost of
from 85c to $1 per ton. The price at the mine is $3.50 per ton. To be
ultra conservative, put the cost of production at $1.50 per ton, then cut selling
price to $3.00 per ton, limit output to 500 tons per day, for 300 days in the
year, and we have a profit of $225,000 per year still left. It is improb
able that more than 1,500,000 shares will be issued, and, on the basis above,
dividends per share should be at least 15c. Let us cut this estimate, how
ever, to 10c and it will be seen that there would still be an income of 40 per
cent per annum on an investment of 25c per share—an income that should be
paid for half a century at least.
Messrs. Laird & Nicholas, Colfax, Wash,
Enclosed please find $ ; in full
payment for shares of Durham
Colliers, Limited, to be issued to me full
paid and non-assessable.
Note— II you prefer send your money to the Treaa
urer of the Company.
E. W. WEIXBERG, President
R. H. LACEY, Vice President
H. G. DePLEDGE, Treasurer
Col tax, Washington
J. R. GOOD
Colfux, W Tashington
W. F. CONYARD
La Crosse, Washington