The herald., 1897-10-25
MINES AND MINERS
California

c. w. Pauly has filed his first report as
receiver of the Golden Cross Mining and
Milling company at Hedges in San Di-
ego county. Mr.. Pauly in his report
states that on July 7th last when he took
charge as receiver there were 100 mer, ir
the employ of the company and that fifty
stamps were in operation. The number
of stamps was increased to ninety-five
and the Eumber of men to 1T. The forty
stamp mill has been placed in good con-
dition. When Receiver Pauly took
charge there was $916960 due the en-
ployes. He has paid out altogether fol
the benefit of and operation of the prop
erty $4S,117.07, which does not include the
September pay roll not yet due. There
is OH hand and in the bank the sum OF
$50, 1885, showing a profit for the three
months of about $4,000. The report
shows that the net earnings are increas-
ing and that large bodies of free gold
ore is in sight. "A Mining Man" writes
The Herald as follows:
This report. which has recently been
placed on file in the Office OF the county
clerk for the county of San Diego, is de-
serving of more than passing notice, for
pleasing light upon the value of this great
property, it does much more, because It
shows conclusively how right Thomas 8.
Fuller one of the owners of the mine,
has been in his expressions of opinion in
regarding the diverse and clashing inter-
ests involved.
Put the mine into the hands of any
honest, careful and economical, but not
necessarily parsimonious, man. and / care
not whether he is a practical miner or
not, it will speedily pay its debts and re-
vert to its proper owners" said Mr.. Fuller.
The history of the mine and the lack of
good management, which have been open
to the inspection of all who take an in
terest in the least Objectionable of all meth
DDS of adding to the wealth of the world,
are we'll known, and the so-called reports
which have been filed with the courts have
done much to create disbelief in the in
trinsic value of this great property. 1t
would not be fair to criticise too severely
the management. or mismanagement, of
the different parties who have been at va
rious times placed in charge of the Golden
Cross Mining and Milling company's prop
erty, but there can be no valid objection
against comparison of the results OBJ
tanned under previous receivers and the
present incumbent, Charles W. Pauly. Mr.
Pauly has taken out sos, 900 in gold in three
months, at an expense of $4,000, leaving
a surplus of $4,000, or at the rate of 5000 0O
per annum. Mr.. Pauly took charge of the
property without any previous experience
in mining, but he showed very early in tn,
action that he was determined to know
every detail of the complicated business
and he applied himself to the task witt
energy and fidelity. Looping off expense
here and there, but not with rash hand
he first showed that for every dollar whicl
he paid out he must have something in re
turn, and in this he was ably aided by T.
Fuller one of the owners of the mine, VIII
gave his services freely and without com
pensation to the carrying out of the plal
of economy which he recognized as tn
only safe measure to put the mine out o
debt and develop this, most valuable an,
much-abused property
The johannesburg Gold Mining com
pany has Incorporated under the law
of Arizona. The incorporators includ
some of the best known and most sue
cessful business men in Southern Cali
| fornia, men whose names associate
with an enterprise are an ample guaran
tee of it's merit and stability. They are
Fl. j. Woollacott, president of the Stat
Loan and Trust company Of this city
Warren Gillelen, president of the Broad
( way bank, also Of Los Angeles; VIM. H
McEwen superintendent of the Alamo
da mine at Johannesburg; G. NJ Ros
of Randsburg, who is associated will
Mr.. McEwen In other properties; c. L
Hanson of this city; A. A. Daugherty
president of the Randsburg and Krame
Railroad company. Los Angeles. and ]
S. Salkey of the Partisan cloak house o
Los Angeles. The company. which or
ganized with capital stock of 1000, 90
shares of par value of 81 each, wa.
formed for the purpose of operating il
the Rand district and has secured. {
group Of four contiguous claims adjoin
ing the famous Alameda mine on tn,
north and east, namely, the Mont,
Cristo, Alameda No. 2, Golden Wedg,
and Croesus. The location of this groul
in such close proximity to the Alameda
and Val Verde mines, where develop
ment work has demonstrated that vas
deposits of rich mineral exists through
out that entire range of hills, gives tn,
new company an unusually favorable
field in which to begin its labors.--
Randsburg Miner.
In the Little Butte Manager Allen re-