The Pioche weekly record. [volume] (Pioche, Nev.) 1906-1908, 1906-04-27
Sowing Dollars
in Nevada

iAdOO III 4NOFoud, olOliS OilO liOS
of the mining industry, by men
who have but little to invest and
who are possessed of but little
capital outside Of a goodly re-
serve of push, energy and good
judgment, the fact still remains
that the greatest measure of sue
ces is being meted out to those
who are making heavy invest
ment in mining in this state, and
who are putting in many
thousands with the expectation
of eventually taking out an
equal number of millions. In
reality, it is the men who are
sowing dollars" who will soon
take rank as mining kings in the
Battle Born" state.
There are those who are
amazed at the seemingly reckless
manner with which "big men"
a d noted financiers are spend
ing mon ~ in the acquisition,
development and equipment of
Nevada mining properties but,
this seeming lavish expenditure
is backed by good judgement, a
knowledge of actual conditions
and an almost certainty of result
Therefore, when leading capital
lists and noted mining men of
means begin sowing dollars in
Nevada or any other of the nu-
merous mining camps of the
west, people who are wise will
get in and follow their lead.
There is hardly a mining man
in Utah and Nevada who would
not willingly follow the lead of
Samual Newhouse when he be-
gins to sow his dollars, and his
advent into the campus of Bull
frog and Ely, Nevada, means
that his staff of experts and
engineers, after a careful and
exhaustive examination of these
camps, have recommended them
to their principal as sure fields
for safe and profitable invest
ment, and this is why Mr., New
house has acquired valuable and
promising property in the
Montgomery Mountain, at Bull
frog, and the Highland group at
Ely.
Charles Schwab, another
magnate who is sowing dollars.
in Nevada, took no chances
when he purchased the Mont
gomery-Shoshone, at Bullfrog,
for five millions, and the dollars
he has been sowing in this camp
he reckons as just so much seed
sown in fertile ground, and he
expects harvest that will be al
least ten-fold. No one considers
that he is throwing his dollars
away, and yet his millions are
making things lively in south
western Nevada.
Gates, the steel and iroI
magnate, who is now sowing hi
dollars in the camp of Goo,
Springs, in Lincoln county
Nevada, expects that in tn
reaping, when the harveat tim
arrives, every dollar will com
back to him accompanied by !.
dozen others. and that his min
!; ing investments and enterprise!
will double his millions, which, i
confined in strong boxes and il
: iron safes, would bring him NJ
increase.
1t is the same way with DAME
I
Guggenheim, who is now S
, heavily interested in the Nevad,
, Consolidated, at Ely, who's
; stock is so steadily increasing
value; whose shares a few week
ago were quoted at Sill a share
and which are now near the 81
mark, while it is believed that
the near future they will be
ready demand at from $40 to s.
A What has been done once
/ Nevada can be done again, ar
records can be duplicated, III
3 new bonanza camps Of Nevac
t are top-notcher, but it must
remembered that the Sag
4 brush state has had its Cor
!. stock. its Eureka, and 9th
: wonder camps whose records
Il will be hard to eclipse; and We
n before the great mines of the
camps were made so wonde