Los Angeles herald., 1905-10-02

involve the expenditure OF plV,VVV,VVV'
Rich Placer Secured
Theo. Reames of Callahan has sold
his placer mining ground on the East
Fork of Scott river, near Angels, Cal,
to A. B. Downe of Los Angeles, who
expects to equip it with pipe and giant.
and put the property in readiness to
operate this winter. The ground LIS
considered very rich and will no doubt
give handsome returns to the new
owner as soon as it is properly
equipped with machinery and plenty of
water.
GodfieId Mine Merger
A report comes from Goldfield that
syndicate of capitalists headed by
Charles NJ. Schwab has undertaken to
secure control of the more important
mines of the Goldheld district, and to
merge them into the control Of one
huge corporation. Multi-millionaires
are credited at Goldfield with the in
tention of taking the pick of the dis
trict's developed properties. Schwab
Of the richer mines In Tonopah, twenty
five miles north of Goldfeld, on the
same stretch of mountainous desert.
Among the properties that are likely
to be merged, according to current re-
port are the Combination, Jumbo,
Florence, January and Atlanta mines.
These have all produced a heavy tom
mage of high grade shipping ore. The
group forms the core of the district.
Possession of these properties in one
ownership would illustrate the modern
tendency to concentration of great in
terests in new field.
According to the statements of
Goldfeld correspondent the represen-
tatives of the syndicate first ap-
preached the principal owners Of the
Atlanta group of mines with an offer
for a controlling interest in the COR
poration. Since then owners of the
other properties mentioned have been
offered tempting prices for their hold
ings. The Atlanta mines are reported
to be just passing from the prospect
stage to the producing stage. The
owners of the controlling interest IN
the properties are Henry Weber of
Milwaukee and Marvin Ish of Denver.
They went into the district without
money, but made good" at Goldfield.
Display of Gems
About October Is the magnificent
exhibit of gems from San Diego county
now at the Lewis and Clark exposition
will be taken from Portland to Los An
geles. In the Angel City it is planned
to place the exhibit in the chamber of
commerce for two or three weeks. 1t
will then be returned to this city. For
q time the whole display will be kept
together and exhibited at the chamber
of commerce rooms. While all the
gems cannot be allowed to remain idle,
a permanent exhibit of great value will
be retained at the chamber
There is no doubt but that the gems
constituted practically the best adver-
tisement San Diego has ever had. The
display was the greatest feature
among the many exhibits at the expo
sition, and all the visitors who were
at Portland this summer had the fact
that San Diego was great gem coun-
try permanently and forcibly impressed
upon their minds.
Midas Ore Body
The rich ore body in the Midas mine
at Harrison gulch has been encoun-
tered in the 900-foot level-the lowest
workings of the famous western Shasta
county mine. The strike was made
during the past few days and Superin-
tendent Oswald's contentious that the
values would carry as depth was at
tanned have been verified, says the
Redding Free Press.
A large body of exceptionally rich ore
has been encountered in the 900-foot
level, and the Midas owners are con-
sequently elated over the discovery.
On the Midas ledge there has now
been reached a depth Of 300 feet below
the collar of the shaft, or a total of 1850
feet below the apex. Both the small
ana unlIOrm size OF Ine VEIN, DIS wen
as it's great length of pay chute, have
been the special characteristics. The
longest horizontal development on the
chute was in the fifth shaft, where it
was stopped continuously for 1900 feet.
The ledge runs from twelve to thirteen
inches and from $50 to $50 per ton. In
spite of it's small size it has kept Tie
twenty-stamp mill running for four
years and has produced total output
of $4,000 and during the next four
years the indications are that the out
put will be doubled.
Nevada Mine Strike
Frank Montgomery, in charge of the
Shoshone Chieftain mines in the Bull
frog district, has cut a 16-foot vein OF
good looking quartz with true walls.
The headquarters of this company,
which are in Los Angeles, have not re-
ceived the returns from the assayer.
Bob" Montgomery, who was in the