New-York tribune., 1906-11-26
In THE MINING FIEIn
Gross Production of Nine Leo,,, !.
GOLdfeld.

Consolidated Mines company has issued q, -.
statement giving the gross production :. e'ne2
leases. Seven on the Mohawk for the IA ne
ended November % produced s507ss1s2a 80 IN
the production os leases for the remainds- -
life at S4.5SS.O10. The Hayes Monetta bs -
worth OF ore stored In bank vaults Tba
production OF the Hayes Monette lease -
assf acre IN T four me, months Is Ss.sf7, 81 S.
million dollar os ore from the lease 49,
pires January l. 1861 T.
The Consolidated Company announces -.
shares VIII be listed and that a dividend a.
Of 10 per cent year will be paid T5a .,n-- e
plans to erect reduction works and UTf zJ
the Mohawk. Red Top. Jumbo and IAzu,,
on large scale and will add their Drouar-,.,
holdings. No official announcenaent is mad.
the disposition OF the Combination mine -.
purchased by Nixon & Wfngheld who o-v.-,.-,
the Consolidated Company. other rha, -. itec
purchase of this mine by the company viii - - y.
sidered in the future. Insiders believe th.. -
Combination Combination Fraction C,oIdasls ~, y.
ing and Florence. which are all t0gatbs- @.t In
eventually form the basis OF a new Company. ~
The City OF GoIddeId Mining Company has s...
organized 10 explore the ground underlvin, q.
town OF Goldfeld. which Is believed ~ con,,,.
body OF ore equally as rich as the Mobawk ~
official roster contains the names Of the r,,,,..
OF the camp. who have made fortunes from, ...-
locations l. L. Patrick, who promoted the c.
md
Meyers and T d Murphy who located - 50 "a a.
hawk and other big mines. ara directors. 'S
The profits that have accrued n ,,vss.o-,
Goldfeid stocks by the recent rise IN the p-s-. !.
these securities variously estimated here =.
$50 10000 10 s1O0G00O0O The largest profit. - -
made by those who acquired their holdings a, -
promotion period OF the various mining comn,,s-
operating here-when stocks that are selling =.
dollars were selling for cents. Red Ton Witt, :.
now selling around s. a share. was sold here a.,
nally at 10 cents. Mohawk which IS selling -,
sIs was soiI 10 SpycuIetorS and investors az 3
cents JuTn9o, which Is commanding $ sSs-a
cost the original holders p cents Ec-.r -
stocks os Goldfeld. Tonopah and Bullfrog W.. w,
nsUy promoted on a basis OF . cents 0a1 - -
companies have supplied as many examples
Within the heart Of the Fairvievv dist-t,. a. 80.
time are seven properties. half OF which cours :
shipping high grade ore were It not for the ,0
servattve policy which IS being pursued bv ,,.s
managements. The Nevada Hills nina Ia, -
shipping upward OF 100000 monthly since JrIr :.
ore assaying from $50 70 s. 500 a ton with o,r,
sional shipments running as high as s.Oso . =.
The next regular shipper from this camp viii b..s
Wingf1eld-NixOn property known "a the u,,,.
Eagle. which could be shipping ore Vhirh wors
sack SlCO TO 500 a ton. a considerable quantirv -
tnls character OF ore having been sacked IN e..
sinking or the shaft that is opening IN rba n-,,~
PAL 4ortn and south vein OF the district. knovu :,
the Nlngdeld vein.
II IS seldom that the initial years dAvs,onr.,.
or single camp has so completely demonst-a,.,
the richness and permanency OF the ore bo=a
as IL has In Fairview. The business ,,,s.
ests OF the camp now completing ths srs
scriptions necessary for the funds needed 2, cou
struct two miles of electric railroad to conusr, n.
heart OF the camp with the town This railrnas
VIII tap the principal mining properties osss.x
py tne Nevada Hills. the Fairview Eagle N.
Easles Nest and the HaiStone having lis ups,
terminus on or near this latter mine The ra,1ss
VIII aIford more rapid and economical trznsuo-ta-
ton or the oreS of these properties together Win
those OF the Dromedary Hump the Azta, rss
NeVada Hills Leasing Company and a few Others
whose development has not Vet warranted thai
entry 70 the ranks OF the shipping list
In dispatch dated Salt Lake Cftv Novsnb.r
TO rhe president OF the Ely Consolidated Copps.
Company. D. c. Jackling. mining engineer says
IN regard 20 the Nevada Consolidated and Gun.
oerland Ely: I never expect 10 see such devea,-
ment IN copper mines again.
owing to the many prospects that are being r%
raEzed and marketed on the New York Curb s
compared with actual mines. there is a disposiar
among owners OF mines TO insist that SONS dzEL-
tion OF mine be agreed on. Thomas s Robins,
an incorporation Of the Go,dfed Mining and Stocs
Exchange. is IN the city. He said Saturday :,n
on the Goldheld exchange nothing can be ra,et |
a mine unless II has produced IN the last currs1i
year at least S12.N.0 worth OF ore