Los Angeles herald., 1906-02-19
EXCITING TIMES
IN GOLD CAMPS
Los ANGELES CAPITAL IN TON
0PAH DISTRICT
Campaign Of Development Effect Of
Schwab's stments-Fine Ore
Speeimens-Mining News
In General

or the western area OF the TOnOpan
camp is evidenced by the recent incor-
poration of the Tonopah Wall Street
Mining company.
The company owns five fractional
the close-in area of the Tonopah, Ne
wada, camp, close to and adjoining
some of the most famous mines of that
wonderful district. The Tonopah Com
stock group, owned by Lynch &
O'Meara, two of the richest operators
in the district, adjoins the ground.
Likewise it Is closely sidellned by the
West Tonopah, close corporation
financed by e. e. Hutton e. Co., bank
ers of New York, San Francisco and
Chicago, and also by Little Tonopah
Mining and Development company to
the north. To the east and within a
claims length is the McKane Mining
company, Charles Schwabs great en-
terprise, and the ground of the latter
company adjoins the Tonopah Exten-
sion, now selling at about $40 share
and end-lnes the Tonopah Mining COM
pany, selling at over $40 share.
From group to group the course of
the great ore bearing lodges of the
camp has been traced from the shafts
on the Tonopah Mining company into
the Tonopah Extension and thence to
the West Tonopah neighbor to Tono-
pah Wall Street. whose close proximity
is marked by the fact that the lines of
the two groups virtually join.
y Nature has also aided in demonstrat-
ing the course Of the great lodges that
trend in and through the Tonopah Wall
Street, for dixie that carries values at
the surface passes from east to west
through the property. Even the float
on the surface is said to carry values
up. to 5000 a ton in gold and silver, and
it is a matter of common report in the
camp that over $50 loads of shipping
ore were picked up along the ledge by
the early locaterS and sent direct to the
Smelters.
Deep Bodies of Ore
These splendid indications on the sur
face seem to give assurances that at
depth bodies of ore will be opened up,
and, taking past experience as a rule
of the future, this company is said to
be as sure to get into shipping ore by
sinking as was the Tonopah Mining
company now a nineteen million dollar
mine; Tonopah Extension, now a ten
smillion dollar company, or the West
-Ia4lltl, llCW IL Out IIlllllOIl lllHe UuluTeu
-thousand dollar property, all of which
are in direct line with the Tonopah
Wall Street group and are less than
four claims lengths distant.
= The legitimacy of this enterprise is
added to by the fact that the holdings
are located on the official map of Tono-
pah, and the officers of the company
are all prominent business men of Los
Angeles who, in some instances, have
1,o1 Ia, ,i,,t,,r n
Dickinson one of the directors, is an
experienced mining man, while H.
VI. Rudisill, the vice president, is a
recognized mining expert 1t was he
who visited Tonopah and advised the
requirement of the group at figure
close to $50, 900.
. The company has now decided upon
a vigorous campaign of development
work and negotiations are pending for
the purchase of heavy steam hoist A
main working shaft will be sunk to the
lode porphyry and cross cuts will then
sbe run to find the ore bearing quartz
veins. 1t is estimated that this shaft
Will have to go to a depth of about
$40 feet, for this Is the level at which
the shaft on the West Tonopah di-
rectly south, reached pay values.
The officers of the company are Matt
S. Robertson, president; H. T. Rudisill,
=. M. f., vice president; A. T. Jergins of
A. L. Jergins & Co., real estate own
ers, secretary, and Perry w. Weidner,
vice president Central bank, treasurer.
Frank A. Garbutt is a large share
holder in the company.
Excitement at BuIIfrog
BULLFROG, New, Feb. 12.-The
most interesting news that Bulfrog
has received in many a day was the re-
s port of the sale to Chas. M. Schwab,
the steel king, of the Montgomery
Shoshone, Shoshone Polaris and the
Rand. This, together with the Crystal
which Schwab controlled prior to the
last important deal, comprise the
strongest consolidation on the famous
Montgomery mountain. That this is
not the end of the deal may be safely
, asserted In fact in can now be said
that plans are on foot to swing the
largest deal that the mining world has
seen in years. All of the most prom
inent properties on the mountain will
be taken In and merged into one giant
concern, with the capitalization running
ITO tens of millions. Mills and smelters
will be built and all the properties will
be worked to their fullest capacity. This
means for Bullfrog more than her most
'sangulne citizens ever dreamed Of. AL
ready the effects of all these deals is
being felt on all sides. Bullfrog stocks
-oI every description are soaring to the
SKY. The buyer must investigate and
read the most reliable mining Journals
else he may get in wrong, but there are
at least two dozen properties here that
are today as safe to buy as government
bonds.
The camp is excited. Everyone here
knew that the goods We're here, but
Few realized that Americas most prom
fnent financiers knew the same thing
and now the unlooked-for prosperity OF
dozens has thrown the camp into a
frenzy, and no one is sure one day what
his wealth will be the next. The gam
Ing tables and saloons are reaping a
golden harvest. Money easily gotten is
hard to keep. Every newsboy can pro-
duce his roll of bills with a hundred
dollar bill for a cover. Everyone has
II and everyone spends it like a king
This is the awakening Of Bullfrog.
Mining Camp Notes
An important suit has been COM
meneed in the superior court of Inyo
county Cal, by Charles del Bondio,
an attorney here, against Richard Lee
and Gus Lee, two half-breed Indians,
to enforce specific performance of con-
tract In writing to sell and convey the
Hayseed and State Line mining claims