Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-10-24
G0LDF|ELD MINES
ARE DOING WELL
Progress Of Entire Section Has
Been such as to Challenge
Belief.
MOHAWK LEASERS GROW RICH
a 50-Ton Shipment of Ore From Gold
field Now Getting Ready VIII be
Worth $1,000, 900.

! v. H. Mead, representative of d. VI
Pecry In the southern Nevada country
is spending a few days In the city OIL
| business
| Mr. Mead says that while many peo-
| pie from bis section OF the state are
sdccused Of being boomers pure and Sim
| PIE, the truth OF the matter Is that
their statements are as a rule very con.
serva,iye General conditions are such
that were the entire truth to be told
people would not believe IT,
Goldneld is going ahead OF a rate
which Is simply wonderful; new build
lngs are going up every day. and these
are becoming more substantial in char
aoter al the time. II is almost impos-
slble TO get enough carpenters to do the
work. and IN fact labor OF all kinds IL
alta premium. This applies 10 an almost
cqTal extent to the younger camp OF
Manhattan.
In discussing Nevada mining condi-
tons, MIR. Mead said in part.
FORTUNES 10 LEAsERS.
Il can say that the reported sale of
100000 shares Of Mohawk TO Carstairs
of Philadelphia at 81 share is true.
The deal was closed last Friday. The
Mohawk is OF course the sensation Of
the country. The leasers are taking out
fortunes almost every minute. 1t looks
Ike an oil field there. there being IL
HOSTS within a radius of 800 feet. II Is
also true that the million-dola ship
rlent OF ore TO be sent from Goldfield Is
no dream. II viii be a single car OF 80
tons and all will come from the Mo-
hawk property. The rich stuff is being
deposited from day TO day In the vaults
OF the state Bank 4 Trust company
and those of John s. Cook & Co.
Not much has heen said about
Round Mountain continued Mr.. Mead.
hut 1t is making good as fast as any
camp outside Of Gcldfeld. The prop
critics there are neld largely by close
corporations and they are doing good
work and saying little The Round
Mountain Mining company az a depth
OF l65 feet, has six feet Of ore which
runs sl6b a ton. The Sphinx has close
% 30 feet OF ore which goes SIS ton.
This Is probably one of the greatest
milling propositions IN the country
Water Is plentiful there and the rock
can easily be mined aud miled for 50
ton Four leases have already been
given ON the ground and there are APP
plloations for more. But the company.
which Is largely composed OF Salt Lake
people, expects To begin active develop
ment ON It's own account very soon.
SURFACE sHowINGs RICH.
The Fairvlew claim has five feet of
$50 ore al 70 feet depth. and 15O feet
Of tunnel and a shaft over 100 feet deep
have been paid for from the high grade
ore encountered, leaving money In the
treasury besides.
THE surface showings at Wonder
are all that the name implies. At 100
feet depth the Nevada Wonder has a
To- foot vein of ore running over 800
a ton, while the Jack Pot. which Is
down only 20 feet, has already OF the
dunn 800 sacks OF $500 ore.
"Bulfrog, now that II has u railroad,
has begun to make phenomenal ship
ments. In fact reports from all over
the state are better than at any time
since the discovery OF Tonopah
New strikes are reported from Ram
sey. where the Ramsey-C omstock, an
Diner salt Lake company. has show
ing that Is more than satisfactory"
Discussing the copper outlook, Mr.
Mead was ~ the opinion that Yering.
ton Is the coming district for consistent
production OF the red metal. Repre-
sentatiyes Of the biz copper concerns
are in there he said and are acquiring
holdings at rate which means some.
thing. believe 1t IL TO be a greater
district than Ely. The values are larg-
er and the veins are large"