davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

The visitors arrived in two private
cars, one coming from Pittsburg and
the other from Salt Lake.
After inspecting the Silver Peak mine,
the wonders of Goldfeld were seen
Thursday. Accompanied by j. w. Finch,
manager of the ixon-Wingfeld proper
ties, the party descended into the depths
of the Hayes -Monnette Mohawk lease
and were duly impressed by what they
were there shown. To the Combination
mill another interesting visit was paid.
Speaking of conditions at the Pitts
burg Silver Peak mine, Manager Morton
Effinger said that the workings had
now reached a depth of 1,275 feet.
million tons is the amount of ore ne
estimates already blocked out, and II
will average $40 to the ton. The COM
pany is now erecting a 100-stamp mill
at Blair. a few miles from Silver Peak
which will be completed by July lst
Amalgamating and cyanide processes
will be used. The mine was worked AZ
years ago, and up to date has produced
81 SOC, 900. 1t was recently purchased
by it's present Pittsburg owners fol
$4,000
The sum of s75O.000 was then pu
in the treasury for development am
| a mill.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
FRANCES
=MOHAWK

visible. and in teIlurium and sylvanfte.
There is a faint cast of fluorine stain
wherever the rock is moist
The regularity of the formation is
what impresses one most. TO the lowest
depth of the Frances. $50 feet. there is
not the faintest indication of faulting,
the mud slips being purely local.
From the $50 level several upraises
have been run and from these a tre-
mendous amount of ore has been obtain
ed. These prove on the dip a body
of shipping ore seven feet thick, one
hundred or more feet long and one hun
dred and seventy feet running height
This is the richest section of ground
thus far developed in the property and
is so blocked that it can be easily and
safely knocked down during the remain
ing weeks of the lease. Although the
term of the holding is near it's expira-
tion. Foreman Connolly is still dill
gently prospecting. work that may or
may not financially benefit the owners
of the lease, but will certainly prove
of great advantage to the owning COM
pany, which will doubtless continue to
use the Frances shaft after it comes
into possession of the ground.
There is great activity on the 220-
foot level, where extraction is in prog
ress, as well as below. In fact the track
near the hoist is always holding cars
laden with ore awaiting the cages. Here
also is the treasure vault, chamber
followed out in the rock and protected
by a padlocked door. In this is stored
ore that will run many thousands of
dollars TO the ton. which is shipped daily
to the vaults of the State Bank and
Trust company.
One stope on the 220 level has already
a record of $9S0.000 and is still rich. as
CONTROLS from a car of this ore shipped
last week were $40220 to the ton. On
this level Mr. Connolly showed two
streaks of pure gold. guarded by watch
men. The timbering of the lease is
skillfully done and with view TO
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

absolute safety and permanency. A
number of stulls and square sets are
used, but the crib system. using cross
ties, is in most general vogue, as this
permits the removed of a slice from the
roof and replacing with cribbings
Only one cave-in has occurred in the
property and that did no damage. 1t
was detached from one of the treaeher-
Gus mud strata. The removal of a pillar
of high grade ore is responsible for this
incident
The seven feet mentioned above refers
merely to the high grade streak-up-
wards of $3.50. The distance between
walls, all of which is at least splendid
milling ore, is uniform as shown in a
number of workings One crosscut,
where the original discovery was made.
enters the ledge through the hanging
wall on a 45-degree dip 1t requires
thirty-four steps by a long legged man
to reach the foot wall This wall is an
altered porphyry that has become almost
true quartzite. The ledge itself is
uniform as to the characteristics of the
quartz except that there are numerous
cross shoots of high grade cutting from
wall to wall
The property To date has had returns
on nearly one million dollars worth
of ore. 1t has seven cars loaded at the
mine and number in transit. There
is nearly a carload Of high grade await
ing shipment. 1t will return nearly a
million dollars and, last but not least,
there are seventeen hundred tons of bon
ANA shipping ore on the dump.
An important strike was made Thurs
day in the Frances Mohawk. proving
absolutely the depth and permanency of
the Mohawk fissure A number of sacks
from the find were placed in the sub
state bank yesterday, as the rock is
worth considerably more than its weight
in silver.
The quartz carries considerable spar
and shows gold colors uneountable.
Hitherto the free gold has been in strata
and such formations were found in the
upper levels, but on the crosscut on the
2S0, where this strike was made, the
formation is less fractured and the gold
permeates the quartz.
Net returns from eight carloads. less
than two days shipments, received yes
terday, totaled S76,964.59.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
MINING MARKET is QUIET in
ANTICIPATION OF HOLIDAYS

Goldheld Consolidated Mines company
was called on the local Exchange yester-
day for the first time. IL was bid To IS
a share. This, with capitalization of
five million shares, fixes the valuation
which the public places upon the merged
properties at forty million dollars,
However. that is badly fair test.
for the whole market was off color yes
terady, as it has been ever since Thanks
giving. The first certificate passed from
Naylor to Parkinson and was for 200
shares.
The price fixes or should fix a tempor-
airy valuation for Mohawk at SIG, Red
Top and Jumbo at 81 and Laguna at
$3.50. As matter of fact they were
all traded in at trifle under that fig
ure.
A glance at yesterdays quotations and
those Of week ago shows shading off
of all the Goldheld securities, with the
notable exception of G. O. d., a property
that has demonstrated the presence of
a large and rich ore measure.
Brokers have various ways Of account
Ing FOR the slump which, however, la no
instance has assured the dimensions Of
q break
Stock trading is light at the approach
to the holiday season. Erroneous, If not
malicious, stories have been sent out
regarding damage To the Mohawk
through caving ground The inclement
weather has put damper to business.
Many of the largest traders have depart
ed on Christmas visits. Banks have fol-
lowed their custom of calling in some
~ "a and there
has been considerable profit taking. But
the most potent reason is doubtless that
stocks soaded too suddenly during the
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
DISTINGUISHED
VISITORS IN CAMP

A good deal of capital was represented
in the visit to Goldfeld this week OF
party made up of Pittsburg and Sait
Lake people They are the chief owners
of the old Blair mine at Silver Peak
now known as the Pittsoure Silver PEAK
company, and their coming to Nevada
had as it's main object visit TO this big
property. The party was made up OF
Frank Knox. president and prlnclpal
stakeholder in the National Bank OF
the Republic of Salt Lake. and director
of the Pittsburg Silver Peak Steel COM
many of Pittsburg. the works OF which
are now operated by the L. S. Steel cor
poration. Gus Oliver, son, and Henry
oliver a nephew, of the former; George
Flynn of Pittsburg and connected WITH
a large contracting firm; p. J. Crump
treasurer of the Pittsburg Silver Pear
company; p n. Moore, mining man o.
ST. Louis: Mr.. Boguan. financial editor
of the Pittsburg Gazette-Times; Harr,
Ray and Morton Effinger, manager o
the Silver Peak property.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

making an immense showing Of copper
ore that is very uniform, averaging ;
per cent and carrying about $40 in gold
and IS In silver.
The shafts on the two properties are
down about 80 feet and hoists have been
ordered. In the meantime they VIII be
operated by whims. Ralston Valley cop
per, and adjoining property, with lus'
as good a surface showing but less
development, will also be listed within a
short time.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

Two weeks ago the writer paid visit
to the Hayes -Monnette lease, spending
half day underground. 1t requires a
fortnight to become normal after an in
spection of that king of bonanzas, the
Incompatible Mohawk.
A critical inspection was made this
week of another of the big producers
which is operated by ID. Mackenzie &
Co. The descent was made in company
with Tim Connolly, foreman of the
property The hoist is equipped in every
way for permanent operations. The
shaft is accompaniment, timbered
throughout and cages are used instead
of buckets which are so common in
Goldfield.
The drifts and crosscuts of the mine
are all full seven feet in the clear, SO
that no STOPPING is necessary anywhere.
Electric lights are used throughout the
property and every working is equipped
with machine drills. The air is perfect,
connection having been made with the
Truett and in a few days the Curtis
workings will also be connected.
The first inspection was made on the
$50 level, where a drift on the hanging
wall was followed for $50 feet. Through
out this distance the high grade" shines
in glistening black streaks, either
against or parallel to the hanging wall
gouge, although occasional extra enrich
ments are displayed in the form of
kidneys or ramifications from the par
allel streaks.
The hanging wall is a true andesite'
in places softening and changing into
birdseye porphyry. 1t is in the latter
formation where the mud slips occur.
The dip on this level is in the neigh
borhood of As degrees, growing more
nearly vertical in an incline that is
being put down toward the Curtis and
which is now fifty feet below the floor
of this level The main shaft is also
being lowered and a similar straight
ening of the formation is also notice
able here
The ledge matter is identical to that In
the HAYES -Monnette, being true quartz
containing a little pyrites and great
deal of lime in the form of gypsum. Val
ues are in free gold scattered uniformly
in the hard quartz and punched in crew
ices. where the red metal is frequently
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

last rise I'D are subject to reaction
before they take another upiift. which
Will very probably be higher than before.
There is still another reason, which Is
limited at, namely internecine Disagree
ments among local brokers and promo
tion houses, but that could hardly be
expected To affect stocks to any extent.
The meteorological storm has passed
and the sun is shining. 1t is the general
belief that the same is about To prove
true in the stock world. Already the
low prices of number of the securities
are tempting people to buy in cheap and
the scramble will very probably begin
before the holidays have really COM
menced, Instead of being deferred until
after the first of the year.
The Manhattans have not suffered so
much as the Godfeld securities. In
fact, IL now looks as If Manhattans,
dormant during the Goldheld hurrah,
may take a little turn of its own. There
have been some noticeable gains in the
Manhattans, owing TO several important
strikes In the district, and the whole
list has held firm during the locsl slump.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
COMBINATION FRACTION TO
BECOME ANOTHER MOHAWK

Combination Fraction
o
satisfactory
No n
o h
n
from to to tor and was
10 N Is
to raj
Is 10 be
a
in
is
ore o anot feet
the 2Sooo drift in the Mohawk combina
This lust 50 feet from the LOTUS Davis Sweeney
$ woe of he
LOTUS Davis Sweeney lease be imagined
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
FLORENCE WILL REMAIN
INDEPENDENT OF MERGER


n a
A. D.
. mil by the
with possible consolidation
combination his
possible
r to il
blocking
Parker
Florence al
D.
chief of the Florence mine
hills
furnished
bo mi
= q = = Z = Z Z Z Z = Z = Z Z 4 z 4 2 Z r z
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

Great interest centers in silver Pick
at present, partly because the property
lies on the trend of the great ore body
that has been developed on the merger
group and neighboring properties and
nartIv because of oft reiterated rumors
of strikes made on the estate.
These strikes were all veritable ones
so far as the assays went, but, unfof-
tunately none of them proved 10 nave
been made on lodges In short time
the value bearing matrix was dug out
and there would he nothing TO follow to
another deposit.
The belief is growing that the leasers
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
ACTIVITIES IN NEIGHBoR CAMPS

Manhattan has thoroughly aroused
from it's somnolence of the past few
months and is becoming excited over
recent developments.
Ed Hoffman phoned over last Tuesday
that the Indian Camp ledge has widened
to twelve feet and carries $57 In gold
sulphides. Stray Dog has resumed sack
ing and Jumping Jack is in shipping
ore.
Deep development Is what is bringing
Manhattan TO the front. Toquima led
the way and Bonanza followed suit. Both
were rewarded with splendid values IN
gold and copper. The Consolidated
found rich sulphide formation at zoo
feet and the Pine Nut is running for the
same lead at depth of 170 feet.
But one of the greatest sensations oI
the week in Manhattan's developments IS
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
WILL WORK THE
FIRST LOCATION

+ The first claims located in Cold :
+ field district. Red Light ana eoiu-
+ en- Fleece, are to be developed a.
+ once and upon a most extehsiVe J.
+ scale. Stakes were placed on these :
+ properties by Harry P. Stimler ana :
I. George w. Schmidtlein on Septem-
l. ber 29th. 1902. !,
+ The two claims are located oli :
. an immense porphyry outcrop, J
4 which stands $50 feet In air. ~
/ is scanned with quartz which SHOWS
Z phenomenal values The work done J
= on the property consists OF nIty !.
Z foot shaft and little trenching' IN
= addition to which many SACKS ol
= high grade have been gophered out
= of the seams.
Z ID. Mackenzie & Co. have pur- !
= chased the group and organized
: the Goldfeld Jupiter Mining com
= pany. the planet namesake peihs !
= Mr.. Mackenzies lucky star. Worh
= will begin at once under the man
= agement of Mr.. Frank Oliver. A
= powerful hoist. compressor ana
= machine drills have been ordered.
- = = . . . z 2 2 2 = = =
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
GREAT ACTIVITY DISPLAYED
in DIAMONDFIELD SECTION

out in the Diamondheld section great
activity prevails i'm spite of the inclement
weather. On the Daisy ground there are
the history of the property. This has
been brought about by repeated new
finds in the company's main workings
and also by new development work
among the leasers.
The ledge in the deeper levels of the
company's shaft is wider and the values
are ranging higher, one shoot of ore
giving repeater tests that average $l35
to the ton. This is being sacked and a
300 ton shipment is planned The Detch-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
GOLDFIELD MINING JOINS THE BIG MOHAWK MERGER

The Goldfed
Goldfed
which
Goldfeld Mining Nevada
Stock the Godfed Mining Nevada will be received for
the stock the Godfd Consolidated Mines value $40 share
Godfed Consolidated Gold
field Mining of Nevada
holding outstanding stock
of in
keJack dividend will distributed December
lin
Godfed Nevada held December
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

This find was made at depth of sixty
eight feet, the double compartment
shaft having passed for that distance
through wash containing occasional
boulders of quartz assaying good values.
Emerging from the Gaping the entire
bottom of the shaft covers the apex
of "a ledge of phonolite quartz assaying
$4S4 to the ton in gold. From present
indications, although no drifting or
prosecuting has been done, the ore, is
on the hanging wall. The surface shows
a dyke $50 feet wide which may. or
may not, represent the dimension of the
ledge.
Mr.. Mackenzie has arranged to sink
500 feet without break. The shaft will
cut the formation on it's dip.
fifty-horse power electric hoist has
been installed and sinking will progress
rapidly. A compressor and fun set of
machine drills were ordered several
weeks ago and will be installed as soon
as they arrive.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
HIGH GRADE
FOUND ON THE
SEPTEMBER

operating lease ON the September
claim of the Red Hills company has just
encountered a bunch of high grade sui
phide rock in the drift. Thursday sam
pies taken from or 4-inch seam in the
ledge were submitted for assay. The
return showed a value of $1,207.70 to the
ton. Previous to this some excellent
values had been obtained from this
ground, but the present figures were
a big surprise to the management
The drift from which the high grade
was taken is now in 20 feet from the
shaft. An is horse power hoist is
expected to arrive on the 18th of this
month.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
COAL ARRIVES
In ABUNDANCE

Coal in abundance is assured for
Goldfeld. Two cars of the Bottsford
purchase arrived yesterday for Messrs-
Lotus & Davis and four carloads more
came in during the night. There are
eleven cars more of this shipment on the
road and ten cars from other sources.
It was originally decided to dispose
of the coal in quarter ton lots and the
exact cost figured at s2s.50 a ton. but
the quantity that is coming and a revi-
sion of the actual cost figures have
enabled Messrs. LOTUS & Davis to an.
nounce that larger amounts will be SOLD
to individuals and the price will be only
S275O a ton. Telephone p.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
SANDSTORM MAY
AGAIN GET ORE

+ The company shaft in the Sand +
+ storm claim, upon which the first =
: strike in Godfeld district was 4.
4 made, is now down 29O feet and is Z
= passing into a strongly mineralized Z
+ formation. A strike of considerable 4
+ Importance was rumored this week, 4
+ but the report lacked confirmation I
4 the change in formation leads Z
= the company TO think that import Z
+ ant developments may occur at any Z
= time. The Sandstorm is being thor Z
+ oughly exploited and workings ram Z
Z ify every part of the ground. Z
4 The region around the Sandstorm Z
. Is being more thoroughly prospect !
= ed than ever before. Several COM Z
+ panies have begun work to the west 4
Z north and east of the ridge within .
E the past few weeks. Z
Z There is listle or no wash in that Z
4 portion of the district and strong .
= formations are easily traceable. Z
Z There is every reason TO believe Z
+ that this part of the camp win be- Z
I & come very active the coming sea- Z
+ 4 son-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

Brewer lease is working two shifts and
shipping ore is being encountered near
the hanging wall.
The Daisy Leasing company, which is
working block of ground 500 by 300
feet, adjoining the company workings.
and has yet a year to run, has force
of men employed and is arranging
to continue it's shaft to a depth of 800
feet before beginning to crosscut. Its
new hoist is now on the road and is
expected daily. Henry Kile, the man
ager, states that from surveys made,
the shaft will in all probability cut the
main Daisy vein close to the 300-foot
mark.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
ANorHER WONDER MINE

Up in Wonder they believe they nave
a mining district second to none in the
state. Whether this is true or not Won
der. so far, has certainly opened up rich
ore. and the MARSHALL-ELL1S Inv
Co. have secured, in the Great Eastern
Claims. properties which promise TO
make good mines as any in the district.
The company has opened up wlde
vein which shows good values. and
prosecuting development as rapidly as
conditions will permit. They expect 10
have one of the mines In the district
when sufficient work shall have peen
done on the property. The property is
within half a mile of the Spider whicn
lately opened up a nice body OF ore ana
Goldfeld operators are working on
property which lies between Spider ano
Great Eastern ground.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
CAPITAL Is COMING
INTO THIS STATE

The fame of Goldfeld is rapidly
spreading, says NJ. f. Wadleigh, the
well-known Goldfeld engineer, who has
just returned from a prolonged visit to
New York and Lcndon. England.
Large banking houses in New York are
beginning TO appreciate the fact that
great fortunes may be made in legiti-
mate mining enterprises and they are
now ready to invest big sums in meri-
torious propositions.
English capital, too Mr. Wadleigh
found buying Nevada mining stocks, and
English syndcates are being formed at
the present time to take in considerable
blocks.
From his observations in the east
and abroad, Mr. Wadleigh is satisfied
that Nevada is only on the verge of the
great boom that is to come.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
cHIcAGA WANTS ExcHAnaE

Chicagoans are beginning to appreciate
the advantages of a mining stock ex-
change. Major w A. Stanton, the we'll
known Goldheld mining engineer, has
received a telegram from the Windy
city which reads as follows;
I'VE are organizing a mining stock
exchange which looks good. Any good
parties there wanting membership.
Membership fee is. for the first fifty,
500 each; for second fifty. $3.50, and
next two hundred, $1,000 each. Mem
bership can be subscribed to by. making
telegraphic reservations.
u. e. KEELYN'
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
HIGH ORE PUTS DOWN
DOUBLE COMPARATIVE SHAFT

a contract Was TINS Week let Dy tHe
High ore Gold Mining company for
sinking a 400-foot double compartment
shaft. Work will commence as soon as
weather conditions permit. This COM
pauy owns claims northwest of the
Kendall.
some slight surface work has been
done on the ground to date. The COM
pany will have % horse power electric
hoist in operation within a few weeks
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

The great significance of the strike
is that it proves another great section
of the golden horshoe." the nearest
producers being half a mile to the
north and to the east. This, by triangu-
lation, makes not only possible, but prob
able additional area of about four
full claims
Where the ledge was encountered the
rock is badly shattered and. while ap-
parently in place, it has not yet suffi-
cient consistency TO absolutely assure
permanency,.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
twenty CLAIMS SOLD

p. b. Bangiar, an extensive mine oper-
ator of Manhattan. is in this city today
He concluded a deal yesterday with Tom
opah people for the sale OF the Kruger
ana Dom Paul groups. a total Of lS
claims AT silver Point. and the seven
claim johannesburg group in East Man
haitian. The consideration was partly
cash and partly stock.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
LrsrrNa MANHATTANs

F. T. Torpey of the firm Of MeElvaney
& Torpey was over from Manhattan this
week for the purpose of listing Toquima
copper on the Goldheld stock exchange
He also arranged to list Bonanza Copper
within a week: These properties are
situated in East Manhattan and are
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
Anp1rronAL EourpMrrr

The shaft is now down 115 feet in the
Frances Mohawk mine. property situ-
ated south of the Commonwealth and
east of Blue Bull. A 15-horse power
hoist has been Installed and a COM
pressor and machine drill equipment
have been ordered They viii arrive on
car attached to fast mail train.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08
srnrxE I'm EAsTERN SECTION

At a depth OF z teet the shdAt III INC
Madonna has dropped into good values,
the assays across the bottom OF the
bore averaging from $40 TO $50. For
some time the shaft has been in highly
silicifed altered rhyolite, but IL now
is more crystalized and seems 10 be
true quartz.