Los Angeles herald., 1906-11-26
New Town of oreenwater

been formed and new claims are being
located for development.
New Town of creenwater
Greenwater has a newspaper eighteen
big mining companies. several stores
and saloons, lumber yards and a drug
store.
The Times is the name of the news
paper. James Brown and Frank L.
Reber are the publishers. They admit
in their salutatory that the seat of the
town has been dry, but declare it is the
possessor now of moisture.
The Schwab mining interests are rep
resented throughout the Greenwater
district by Charles P. Brady, formerly
OF Goldfeld.
Malcolm Smith, formerly of Butte
(where he had charge of the Pittsmont
copper mines), is in charge of the
Greenwater estate of the Greenwater
and Death Valley Copper company.
Mrs. Arthur Kunze was until recently
the only woman in the entire district.
but the newspapermen declare many
other women have now Joined the
colony.
Robert Broglemann has installed him
self in the general merchandise busi-
ness and has his goodh housed in the
only 'alf-frame" structure so far
ever. are to be built as soon as the
lumber can be secured.
Among these are to be a hall and
headquarters of the Western Federation
of Miners, who have been presented
by the Greenwater Townsite company
with a first class building lot at the
point where the principal business CEN
ter is expected to be located. The
federation is also contemplating the
early erection of a hospital building.
G. NJ. Smith and W. Owsley have the
newest saloon. in a building 2eX30 feet
in size, and the editors of the Times de-
clare this structure "has a shingle roof
and looks quite metropolitan"
E. L. Phillips has his saloon in
boarded tent. and has contracted for
two buildings "across the street"
That is a way they have in Green
water of describing things. Tom MUIR
ply has an elegant line of gents fur
nishing goods on the way to his tent,
and is also trying to rustic together
enough boards to house them in by the
time winter weather comes along.
One of the most interesting items in
the entire grist of news which the
Times prints is the following: '"The
advent of Mcdonald & Mcpherson with
their water tank assures us OF an
unlimited supply of aqua pura, all of
which leads to the belief that either
the Greenwaterites use little of the
stuff or the Mcpherson Mcdonald tank
is a whale of an affair." containing many
thousand gallons"
Mountain of Jasper
Richardson Bros, C. A. Janney and
H. Jenson, all of San Bernardino, have
struck it rich. While other prospectors
III the vicinity of Barstow were hunt
ing for gold and precious metals the
quartet above named laid claim to a
mountain of the finest building and Or
namental stone ever found in that Sec
tion, and this quarry promises to turn
out an inexhaustible supply of the best
decorative stone to be had anywhere.
The stone found in Richardson's
quarry is jasper, laid with veins OF
opal. OF such excellent quality is this
that a slab, when sawed, needs nG
polishing to bring out the luster. The
blue-white opal veins traverse the
brown and red Jasper in every direction
so that "a face can be cut to the best
advantage without regard to the veins.
The stone is so hard that years of the
hardest wear will make no impression
on it. For soda fountains bank in
teriors and similar purposes, for monu-
ments, tablets and decorative work on
onyx mined in Lower California.
The quarry is located twelve miles
from Barstow, on a good road, and is
of such an extent that it promises to
supply the demand in this part of the
country for many years to come The
owners are contemplating the erection
of a mill at the quarry. With the quail
ity of stone selling at $40 a foot, the
business promising to be profitable.
bn Loo 10
the concern which promises to develop
many of San Bernardino county's rich
prospects, may take charge of the ex-
ploitation of the quarry. The members
of the syndicate will go to Barstow to
examine the property and form an
opinion as to the value of it and deter
mine the best method of procedure to
get the stone on the market.
Mining Dividends
During the ten months of 1906 ended
with October there had been paid in
dividends by ITO companies engaged in
the mining and treating of ores in the
United States the magnificent total of
! $77, ,193, 1886.
These are the figures carefully COM
piled by the Mining World of Chicago:
Twenty-Five copper companies de-
olared dividends of $48, ,027.
Seventy-four gold-silver-lead proper
ties including the American Smelling
and Refining company, declared s26.,
$50, ,063.
Nine zinc properties declared s1,,OS1..
4S4.
Thirty-seven, or about one-third Of
the properties paying dividends, have
already returned their capitalization.
| Among the copper companies tbs
81 eatest dividend payer is the Calumet
& Hecla, which has paid $5,000,000 this
year on an outstanding capitalization
of $500, 900, and whose dividends L
date aggregate $S7, $50, 900. The market
value of the property on October 2I
was $S5, ,000, 600, or thirty-four times III
authorized capitalization.
The Amalgamated company OF Mon.
tana paid $40, ,716,153 during the ter
months this year ON its outstanding
capitalization of $153 0S7, 800, and has
paid since Organization in 1899 tOta
OF $43, ,417, ,2S0.
The American Smelling and Refining
cOmpany's dividends this year have ag.
gregated 81, 100000, and It has paiC
I