FORTUNES MADE IN MINING.

Te Aroha News, Volume II, Issue 56, 28 June 1884, Page 9

FORTUNES MADE IN MINING.

The London Eo! o gives (.ho following information about", fortunes m ide in Colorado :: — '• One of the wealthiest men in Leacvilie is Mr Tabor, who kopt a little store seven years ai>o, but to-day is woi tli a million and a half in money, and has an income of £250,000 a year fr^ni His silver mines. One mine alone has yielded him £15,000 in a month, and \et this mine was once offered for sale f.»r £(s>)o, and coiild not ge' u a buyer. Another of Mr Tabor's mines has turned out £25,000 worth of ore in '24 hours. It is a matter of record that in the fiist U'o yeahs in the history of Leadville niore thaii 100 people had realised from £10,000 to £200,000 eac'i, and those who made from £4000 to £10,000 were too numerous to mention. Mr A. B. Wood Was the discoverer of one of Leadville's richest properties —the iron mine, but he sold his half-interest in it for £8000, and thereby, as it turned out, threw away £2,000,000 dollars. Bassick, who discovered the Maine mine, near iSilvercliffe, was in a desperate state when he found some specimens in an abandoned hole, and had them tested. JSoon after this he sold the hole for £75.000 and 10,000 shaies in stock. The instances of Denver are still more numerous. Men who have been paupers one week have been rich men the next, anil millionaires in a month. Of course one does not hear much about the failures Miners have prospected year after year, and !iave hardly found enough dust to keep them alive. But the unsuccessful prospector can always earn good wages ; and as for actual want, it is a thing Denver has never seen, and finds it hard to credit.''