Los Angeles herald., 1906-12-02

from Ely. He went into leasing and
made money In Goldheld, where he is
now operating some Of the best blocks of
land and taking enormous daily profits
He also has invested heavily I'm proner-
Ties IN Ely, where he is making another
fortune.
The list Of mining and leasing million
aires Is so long that there is not space
to speak of all OF them Among them.
Ehowever, are LoftuaD and Davis who
nave done as much In making the mines
of Nevada as any two men within the
borders of that state Special interest
attaches to ]. p. LOTUS, who was
reporter before he became millionaire
He is q man of great executive abil-
ity and has complete knowledge of
details. James Davis, his partner. is q
mining engineer of very high ability aud
is considered one of the best iudges
of mining property in America. All
their properties in Goldheld. Round
Mountain and the other camns bevo
been uniformly successful, and il would
be hard to estimate the wealth of these
two men,
Others have made their millions and
have gone to New York to spend n bu1
these two mine makers are still in Ne
vada. developing the states great re-
sources. Their latest success was I'm
developing the Mohawk bonanza orc On
that mine to be rated on the open mar
ket on the basis of Ss0O0.00O. which
meant millions of profit for shareholders
scattered everywhere.
1t is not so very long ago that John
s. Cook came from Ely New, to accent
a clerkship in a Tonopah bank. He is
now the head of John S. Cook g. Co.
a large owner i'm many mines and holds
an interest in a number of the success
ful leases
Frank Ish. who is taking out 100000
a day on the Combination, is also a
young man who laid the foundation of
his fortune in Tonopah and is multiply.
ing 1t In Goldfeld. Likewise Higginson,
the successful leaser, is a young man
and partner of Harry Stimler, the dis.
coverer of Goldfield.
Fortunes in Day
Also looming out from among the very
rich leasers is a young lawyer, Milton
Detch. lie has made q study of min
ing on the ground where mining has
reached its highest state of efficiency.
and he owns the famous Detch leases on
number of the best properties, and has
Just developed the Daisy mine, three
and one-half miles off the money map,
into a bonanza that has market value
of about $6,0O0,000. Judge Vermilyea,
who had reputation as the greatest
CIIlllulttl lawyer III nevada, look up
leasing and has made a fortune inside
of year in Goldheld.
There are men in Goldfield who have
made at least three fortunes in the three
short years that the camp has been in
existence Money came so quickly that
they did not realize the value of 1t. and
many of them squandered the first for
tune or two, but they have got over that
and are laying away the third fortune
which they are making during these
present days.
Sc enormous has become the volume
of business on the Goldfield stock ex-
change that on several occasions recent
ly the exchange has been forced to close
so that the brokers could catch up with
their business. There are 10000 strang-
ers in Goldfield, most of them speculat-
ing in mining stocks. There is not shell
ter for half of them, and men who have
made $4,000 to $4,000 in a days trad
ing have to sit around in saloons all
night because it was impossible for them
to get a bed. Surely Goldfield is the
land where fortunes are hot in the max.
ing.