The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-03-12
BIG CALIENTE SALE.
Boston People Purchase Group for
Much Less Than Value.
Special 10 Tho Tribunc

Special 10 Tho Tribune
CALIENTE, March n..Murphy 6.
Whalen. owners of the Twin Springs
group of gold claims, north of Moapa.
closed a deal for the sale of their prop
critics this week to Lasscn & Blummer.
mining brokers Of Boston. Mass, for 5000
of which 10 per cent cash was paid, the
balance to be paid within one year. They
have completed over 600 feet Of develop
ment work on the claims and have opened
up three veins showing 1, and 10 feet
of ore at varying depths, averaging sis
In gold and GS ounces silver per ton.
These are among the best properties In
the district. and mining men In that sec
ton think they were sold at about one
tenth their value. They have shipped four
carloads of ore TO Salt Lake reduction
works which netted them 50 per ton.
McLain * WcolriCh, owners of the Bo-
nanZa group OF gold-Slvcr claims. west
OF Caliente struck a four-foot vein OF
very rich chloride this week showing 900
ounces in silver and $l2 gold per ton
They have run a drift in 120 feet on a
two-foot vein of SO ore and encountered
the recent strike at the breast OF the tun-
mel; They have cross-cut the vein and
will drift on the vein and stopc out an
early shipment OF this valuable orc for re-
ductlon at Salt Lake.
George D Furman half owner In the
True Blue group OF claims on Virgin
river, is spending few days I'm camp.
He says he has completed his assessment
work Cor this year on four claims. which
show very high gold values, one of which
the Turkey Gobblcr. at a depth of 30
feet, shows a two-foot vein of SI2 10 free
gold ore on which drift VIII be run dur
Ing his absence. He goes to Ogden where
his associates and hackers reside to make
arrangements for more extensive develop
ment of his claims
1t IS reported that the branch limo of
railroad between this camp and Ploche
viii be started up within the next ten
days. Salt Lake engineers for the San
Pedro line were In town today busily en-
gagged in going over the right OF way be-
tween the two towns and looking over the
old Oregon Short Line grade. which VIII
lie used by tho Salt Lake Route for the
branch line. This line, when completed.
viii be q Godsend to the two camps. as
well as q tonnage producer to the rail-
road.
McNulty, Fletcher & Boyce. real estate
and mining brokers OF London, England.
are represented In southern Nevada by J
Jerrold Lansing. who passed through
camp today en- route 10 the recently dis
covered bonanza camp at Manhat titan lie
VIII examine into the good things of this
entire district ard If things look right
TO him from n mining STANDPOINT states
that his people and their clients can put
ten millions into anything which he rec
ommends They already have large in
terests in Tonopah and Goldfcld. and are
now looking for additional opportunities
for investment of their hard British
pounds sterling. Mr. Lansing states that
at the present low rate of interest paid
in England an enormous amount of Bril-
ish capital is anxious to find reasonable
opportunities for Investment In the mitI--
ing districts OF this Western country. .