The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-09-03
LIVELY GOSSIP
ON LIVELY CAMP
Lines on Things That Are DOING
in Nevada'S Greatest Gold
District.
.WlNGFIElD'S LAST STROKE
NEW COMPANIES FoRMED-Mo-
HAWKS LEASERs.
WINGFIELD'S LAST STROKE
Especial to The HeraldN

Especial to The Herald)
Goldfield. Sept. 1T has been persist
emily rumored in camp that George Wing
field has obtained control of the Gold
field Mining company The stock has adj
vanced in consequence. Rumor further
has II that r. L. Johns. the former pres
ident OF the company. has sold his entire
holdings. The Goldfield Mining company
owns what is called the January mine.
This mine lying on the south Of the Com
binaton has been a steady producer for
almost a year now but for some rea son
or other has failed to come forward with
the much desired dividends The former
management has been blamed in local cir
cles for this condition and there is no
question but that Winglied's name added
70 the control would greatly increase the
confidence OF investors. The company
owned three groups of claims in different
parts OF the camp. In the new arrange
ment, whatever IL may be in its entirety
the old company retains the January and
the February claims.
Some New Companies.
A group Of three claims, namely, the
September. October and st. Paul, lying
east Of Portland mountain, have been de-
tached and organized under the name of
Goldfield Red Hill Mining company with
r. L. Johns president A c. Eisen vice
president and treasurer. Capital. 100000
shares; 10000 treasury stock This stock
has been listed on the local exchange and
Is sel1ng around 70 cents.
Another group OF claims owned by the
GOldfield Mining company includes the
Cracker Jack Henry Clay and Cracker
Jack Fraction They lie directly east of
Columbia mountain and Sandstone. and
these have been Incorporated into the
Goldfield Cracker Jack company. A c.
Eisen. president; r. L Johns, secretary
s snd stncE eaptS a stock 10000
been listed and is quoted locally at II
cents.
The Goldfield Esmeralda Mining com
pany has been listed locally and is selling
around 10 cents. This company is off
cered by NJ. J. Monnette, president: c..
w. Hayes, vice president. and r. l.. Col
Montezuma and Clara claims just east OF
the TOWNSHIP Of Goldfield and near the
Silver Pick. Some work was done here
in the early days of the camp and a shaft
is already down eighty-five feet. but the
territory did not attract so much atten-
ton until Mohawk made good.
The Portland Strike.
strike was made this week on the
well-known Goldfield- Portland ground.
This company is controlled by Pittsburg
capitalists and il has done an immense
amount of work in the last two years
without making much noise about it. The
ground is just south and east Of the Flor
ence. and when il thought Of the matter
at all the camp ardently wished that here
a big mine would ultimately be developed.
II seems these hopes have been realized.
The work where the strike is reported is
at a depth of nearly 500 feet and on that
account alone. considering what has been
proven in other Goldfield mines, it is i'm
portant.
u should be born in mind that these
various properties near the heart Of the
Godfield district are all attracting in
tense interest recently. There isn't an
inch OF ground within a mile of the pre- !
mier Mohawk and Jumbo but what in /
vestors and spectators are studying and /
watching II Goldfield is to discount |
Cripple Creek everyone of these proper !
ties will be worth considerably more mon /
ey before another spring rolls around. !
Those whose stocks are selling below 30 |
40. 30 and 20 cents viii be great specula- !
tive features on this market. Many be- /
lieve they are the best buys in Nevada.
Mohawk and Its Leases.
OF course most of the news comes from 1
Mohawk ground. The ore is not hauled |
from there now i'm teams II takes steam |
engines. A network of railroad tracks |
have been built all through the some |
fifty acres Of the property and some /
twenty or twenty-five gasoline hoists are |
working three shifts per twenty-four |
hours.
Two or three more leases have been
bought from the company within the last
two weeks. One of them viii be known !
as the Mohawk Leasing syndicate 1t il
a corporation organized by NJ. J. Mon
nette, the man who is at the head OF the /
greatest lease Of all-the Hayes & Mon /
known promoter: Forest J. Swears, the |
engineer and several other local capital |
lists. The block of ground obtained by !
this company is near ithe center of ac- |
tivity. In fact. IL is surrounded by pro-
ducing mines and it is hard to see how /
II can miss catching up with some of the
various ore bodies down in the depth of |
that rich territory.
Leasing stock is becoming more pOpu-
lar every day. II Is quick money. Mac
kenzie leasing stock is a fair example. IL /
was floated month ago at 20 cents and |
IS unobtainable today at 40 cents. while
d. Mackenzie the man behind states
that he will certainly declare = dividend |
before the winter Is over. There are sew
eral other companies of this kind that |
should be in position to pay out big
amounts. The Nevada Leasing company
IS one. This stock was floated some
months ago and affairs at the lease are
looking very prosperous. The best body
Of ore was located at a depth of 200 feet
in a crOsscut and has now been tapped on
the 15O-foot level. Forty tons Of high
grade were shipped this week.
Winning Outside Camps.
Meanwhile outlying districts are not
being forgotten even in Goldfield. Ram
sey will be a winner. according TO the men
who see these things a long way ahead |
Fairview is certsinly a great district /
Round mountain. where the pure gold
comes from is looking better each week |
Mania ttan-poor Manhattan: the camp
that got it's hard blow from the San
Francisco fire--is picking up and is going
TO surprise the mining world very soon
Manhattan stocks are ali low now They
are bound to rise with the buying orders
that will soon commence TO come from
eastern investors. This summer bivinc
has been done by westerners.