The Real Cobalt the Story of Canadas Marvellous Silver Mining Camp

Cover The Real Cobalt the Story of Canadas Marvellous Silver Mining Camp
The Real Cobalt the Story of Canadas Marvellous Silver Mining Camp
Anson Albert Gard
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Cap- italization, $3, 000, 000 par $5. The Wright Brothers are still in Haileybury. They have recently opened a large mining brokerage business.
As showing how little the mine engineer knows of a mine's value, Milton Hersey, the king of 'em all, once owned an interest in the then "Jacobs, " and when the $17, - ooo car of ore was taken out, this great authority said, "She's pinched, " and sold his holdings sold for $9, 000 what is now worth more than $100, 000. Young J. A. Jacobs had more faith
...and held on but he wasn't a min- ing engineer and hadn't any more sense, for the lack has brought him many dollars. Incidentally, the Jacobs' his- tory is interesting. In the sixties the father came to Canada from Russia. From nothing but grit, good judgment and honest purpose, he was soon on the road to fortune and never left it till he "arrived. " His son, J. A. , got into the Cobalt game quite early. Phenomenal luck got up along- side, and from a few thousand dollars it has pushed him up to the guessers say four millions.

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