FORTUNES MADE IN COLORADO.

Inangahua Times, Volume IX, Issue 1416, 20 June 1884, Page 2

FORTUNES MADE IN COLORADO.

« The London Echo gives the following information about fortunes made iv Colorado : — One of tho wealthiest men in Leadville is Mr Tabor, who kept a little store seven years ago, but to day is worth a million and a half in money, and has an income of i>250,000 a year from his silver mines. One mine alone has yielded him £15,000 in a month and yet this mine was once offered for sale for £600, and could not get 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 first two years of the history of Leadville more than one hundred people had realised from £10,000 to £20,000 each aud those who made from £1000 to £10,000 were too numerous to mention. Mr A. B. Wood was the discoverer of one of Leadville' s richest properties— the iron mme — but he sold his half interest in it for £800, and thereby, as it turned out, threw away two million dollars. Bassick, who discovered the Maine mine near Silvercliff, was m a desperate state when he found some specimens in an abandoned hole, and had tested. Soon after this he sold the hole for £75,000 and 10,000 shares in stocks. The instances of Denver are still more numerous. Men who were paupers one week, have been rich men the next, and millionaires in a month. Of course. one does not hear much about the failures. Miners have prospected year after year, and have-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.