The San Francisco call., 1906-11-11

ers in Sfskiyou County, mas been sold to
Oregonians by Seaman & Franklin. The
new owners viii erect 10-stamp mill.
The Los Angeles Times reports that
Randsburg mines are operating as fol-
lows: The Yellow Aster's stamps are
dropping night and day and are pro-
ducing dividends of $4,000 a month.
The mine employs lis men, On the
Yellow Aster dump are 100000 tons
!, of tailings that await cyanide treat
ment The Butte mine, with three
miles of underground workings, is en-
ploying only ten men. A dividend of
S175. 600 was paid last January. In the
Stringer district the Sunshine mine is
operated The Red Dog mill at Jo-
hannesburg is running continuously on
ore from the Gold Coin mine in the
Stringer district. Work on the Wedge
property at Rand Hill is performed by
leasers. The greatest depth of the
workings is 500 feet"
The shipments Of tungsten, from the
mines four miles south of Randsburg
are reported to have amounted to 120
Europe San Francisco operators Sc
cured ffty-three claims two years ago
and established the camp of Atolia and
organized the Papoose Mining Com
pany The mines have been opened
to a depth of $50 feet. According to
local reports the tungsten is found on
the borders of the present district in
new workings. Several mines are
worked.
CONFIDENCE WILL RESUME.
The Confidence mine in Tuolumne
County is about to resume work. Moth
ing has been done at the mine for
some months until recently. A new
shaft will be sunk to a depth of 1000
ID mi han iS hap of "a
enterprise with others. The New Era
reports that 100 men will be employed
soon. The Confidence mine was once
a large producer and has $6,000,00 to
it's credit in output.
In giving judgment against H H.
Markham. George Coffin ct al in the
suit of w. d. Turner and the American
Boy Gold Mining Company at Los An
geles, Judge Wilbur said that the COR
poration had no property and the stock
was valueless. The property that was
transferred to the company was pur-
chased for $4,000. but never was paid
for and was only guaranteed. The
stock was sold for $40 a share, and
every person taking a share in the
mine received an interest on the basis
of a valuation of $4,000. Stockhold-
ers who paid $4,000. instead of getting
the entire property got only one-sixth,
other sixths vesting in the original
owners who might not have paid any
thing.
The American Boy and American Girl
mines were to have been sold together
for s2,50O,O0O. Assuming that both
properties were sold.' said Judge Will
bur. and for $2,5OO.000, and that the
amount of money apportioned by the
directors of the two corporations to the
American Boy was $4,000, the result
he
put up over $4,000 to assist in the
Joint enterprise would receive back the
money invested by them, without any
profit and the promoters would receive
the balance of the $4,000 as profit,
less commissions paid by them.
Judge Wilbur found for s110,253.35
against the defendants, and allowed a
credit of s20,211 for expenditures on
the American Boy mine.
NEVADA MAKES STRIDES.
More men are working in the mines
of Central Nevada than ever before
so boasts the Manhattan News. More
strikes have been made in that section
of late than in Manhattan proper. Sew
en- properties are working in milling
ore and new strikes are made almost
daily"
From waterless little handful of
tents. numbering an even dozen, to a
hustling, building, booming city, with
stores, restaurants, saloons, corrals and
a fiourishing up-to-date newspaper, is
the history of month in the town of
Clearwater" This is the claim of the
Greenwater Times. published in it's first
issue in the new mining region of Inyo
County The Times tells of the cor
porations that have been organized al
ready to work Greenwater properties.
These include the Furnace Creek, the
Furnace Creek Extension, the Green
water Consolidated, the Butte Funeral