Los Angeles herald., 1906-04-01
Il g. IN
( MANHATTAN IS '
An ACTIVE ACTIVE CAMP CANT
PAST WEEK MARKS DISCOVERY
OF RICH ORE
Stock Which Sold at s1.oo a Few
= Days Ago Now Commanding
y $1.es With None for
Sale
Special to The Herald.

Special to The Herald.
/ MANHATTAN. New, March 2i.-The
past week. has been one of important
finds and remarkable activity In or.
ganization Of new companies, as we'll as
OF gigantic development operations in
camp. Manhattan continues to be. the
wonder Of modern mining. Reflection
of its glory shines in the latest QUOTA
tions OF stocks listed on change.
Manhattan Consolidated, which hov-
cred about the dollar mark week
ago. is now quoted at s1.25. It's price
| thirty days ago was 25. Manhattan
Dexter has risen in the same period
from 10 to n. Beyler- has
| como up from Is to 40. Other stocks
which q month ago were quoted, at 10
to Is cents now read as follows: Man
haitian Mustang. 81; Manhattan Cow
boy, 20; Manhattan Mining. "a; Man
haitian Bronco. %.
Many Manhattan stocks are not for
sale at any price. In the Pine Nut
| claim adjoining the Manhattan Con-
solidated on the east a strike OF Inn
portance equal to any heretofore made
Is reported. Specimens literally alive
with free gold have been taken from
the find:
Open Up Main Ore shoetF
Manhattan Consolidated. has also
opened UP an extension Of the main ore
shoot. Developments at shaft No. 2
indicate that the vein will continue for
some distance to the west, giving an
additional ore reserve OF more than
transient import.
The Manhattan Consolidated is
acknowledged by, all mining engineers
who have examined it to be not only
the greatest prospect in Nevada. but
giving promise Of developing into the
Greatest gold mine in the, United
States.
Greater Manhattan Consolidated is
owned by Los Angeles capitalists. rep
resented by the Pacific coast mining
bureau. It has been Incorporated under
the laws Of Arizona and is to be ope-
rated by Los Angeles management. A
large Los Angeles firm is reported to
have sought to secure an option lately
on Manhattan Midway. which opens for
investment. A shipment OF ten tons Of
ore will be made by the Stray Dog
claim. which will average between 5000
and $500 ton. A shaft has been sunk
on the Chipmunk claim. adjoining
Bronco on the east. Leasers of blocks
7 and and OF the Mustang mine have
developed at fifty feet body Of high |
grade. milling ore.
The formation of new companies goes |
on apace. It Is now reported that the |
immense holdings Of the Manhattan
Dexter, amounting to twenty-three
claims, are to be subdivided into several |
smaller companies.
A great many. inquirieaare addressed
to mining men here on the ground |
from their friends in various parts of
the United States inquirlng as to the
certainty OF the future of Manhattan
as a gold-bearing district-inquries
provoked doubtless by impulses to
invest.
The immediate success Of Manhattan
camp is. assured. It's production ex-
Feeds by five times the outputs of Gold
field or Tonopah in the same measure
IF early existence. The average value
IF Manhattan's gold production to date
Is almost $500 ton. This means the
record Of production OF any gold camp
n the world.
Great fortunes are going to be made
n the next few months in Manhattan.
SUIT ever since the first pick was driven
has been distinctly and con-
poor mans camp Poor
men made the discoveries, staked the
Iaims, opened up the properties and are
working the leases. When the rich
'uyers come along they must take the
mines at the poor mans own figures,
which will be fabulous. ~