Los Angeles herald., 1905-05-15
Temescal Deposits Show
Greater Riches at
Depth
MORE LOS ANGELES
MEN MAKE INVESTMENTS
New Gold Dredging Fields
Opened-Big Dividends De-
clared by Companies

CalifOrnta Will take on new lie. mat
the deposits of tin have long attracted
the attention of scientists and capital
is known, but recent events show that
a more aggressive policy in development
will be inaugurated. This work Will be
directed upon the Temescal tin mines
that comprise a part of the San Jacinto
estate of $4,000 acres owned by Herbert
B. Praed and John f. Moulton, resid-
ing in England. on January 2, 1905,
Praed and Mouton leased the tin mines
to the United States Mining company.
The officers of this company are II. A.
Schlnnerer, president; DR.. w. 3. Huff,
secretary and treasurer and George d.
Leonard, vice president and general
manager. DR.. Huff succeeded f. J..
Schinnerer as treasurer. The Schin-
nerers are from Los Angeles. DR.. Huff
resides in Corona. The lease is for
ten years and Praed and Moulton are
to receive ten per cent of the gross re-
ceipts, and specifies that four men shall
be employed continually during the first
eighteen months and six men after
wards. While the new company has
been reticent about it's progress and
success the fact is known that in the
past six months the operators have
found greater deposits of tin with
depth and that these exceed the values
anticipated. Everything possible is be-
ing done to put in machinery to in
crease the developing capacity of the
mine and when this has all been put in
place it is believed that the industry will
be an extensive one. At present the
company has installed four standard
concentrators, a complete water plant
has been completed and everything is
in readiness to begin smelling. A new
smelte er has been added to the plant and
a new engine, one much larger than
that in use during the past year, is to
he added.
Quick Mine Venture
Up in Nevada where the full mining
fever is raging they seem to do things
with a rush that is as pleasing as it
is energetic. An instance is at Reno
where Joe A Brown of Moro county,
California, sold the Golden Gate mines
the cash by a financial interest of that
place. The mine was fully examined
and the deal closed over night. Arti-
cles of Incorporation were applied for,
the company being stocked at $1,000,-
900; shares 81 each. OF these 200,-
coo shares went on the market before
the ink upon the official documents was
4 -,f ell,
had set the following day the stock
had all been taken and men and ma
terials were Immediately sent to the
property. The property is free milling
gold and nineteen assays return $21. go
to the ton.
Sovereign Bonds Mine
When l.. Douglass Sovereign left Los
Angeles a few weeks ago for northern
California the fact never occurred to
his friends that he would soon blossom
into a mine owner and promoter. Re-
ports from Grass Valley say that the
largest deal made there in years has
just been consummated by the bonding
of the Erie group of mines near Gran
iteville. Five fine claims have been
bonded by the owner, George Main
hart of Grass Valley, to l.. Sovereign
who represents Los Angeles and east
ern capitalists. The Erie has a COM
plete equipment ready for starting and
work is to be commenced within a
month. The Erie formerly was a good
producer. Regarding the purchase
price little is known, but stated to run
into six figures. Sovereign is an old
all-around newspaper man of Los An
geles and was in charge of the Southern
California mining exhibit at the St.
Louis exposition.
Dredger Strikes Gold
Gold is found where you find it, and
that is further demonstrated when
workmen engaged in throwing up
levee to reclaim the lands in Reclaim
alton District No. 537, in Yolo county.
three miles west of Washington and
north of the Southern Pacific railroad
track, made a discovery of a lead of
gold-bearing cement and sand on prop
erty owned by the Lovdal Bros. COM
pany. Assays made for o. A. Lovdal,
president of the reclamation district in
question, indicate that an extensive and
valuable deposit has been uncovered.
The prospect has been examined by an
expert mining engineer who declares
his belief that the dredger has cut into
what was an ancient bed OF the Sacra-
mento river. Assays of the material
lifted by the dredger give returns vary
ing from $45 to $32.5O ton, the greater
part of the value being in free gold.
Rich Ore Shipped
The first shipment of ore from the
Bullfrog, New, district has arrived in
Salt Lake. There were two carloads
and the product of the Shoshone mine,
located on Montgomery mountain. The
cars are being sampled under the dl-
rection OF Bob Montgomery. the dis
coverer of this remarkable property,
and Malcolm Macdonald. who, with