Los Angeles herald., 1907-03-17
LoETus & DAVIS

1t decidedly refreshing, at times, to
touch upon the personnel of a business,
where there is not even the shadow
of commercial interest" and to while
away a few moments time and at the
same time secure some very essential
information regarding the development
of Goldfleld, the writer called at the
office of LOTUS & Davis, the owners of
the LOTUS s-Davis-Sweeney lease on the
| Combination Traction" celebrated
throughout the world on account Of
its wonderful output of rich yellow
gold. After a courteous reception from
the senior member of the firm, and
general conversation along the lines Of
the development of the mines and city
of Goldfeld, the Herald man did a
stunt in the way of asking questions
that to him appeared a record breaker;
but bless your heart, it never feazed"
Mr.. LOTUS a little bit, for he was
ready with the needed information,
proving that he was keenly alive to all
that pertained to the welfare of the
| city and its support, the mines.
Much of the information embraced
| in this issue was secured from Mr.
LOTUS, but what will interest the world
particularly are the facts connected
with the operations of this firm-now
millionaires, though practical mining
operatives. To the Goldfielders the firm
|
for they have created a reputation for
making as many mines as have the
Nixon Wingfeld crowd or Davis &
| Wheeler.
It is we'll known fact that when
Lotus & Davis take over the control of
a mining property the value of the
stock always advances to the high
water mark, for they are miners who
never have touched dead one," and
/. | their ventures have a1waUS nrOUad
success. Messrs. LOTUS & Davis are
both from Colorado, came into the
camp with a big bundle of experience
but little capital, and at once went
into the mining game for all that II
was worth, and it has been worth g
pretty penny" to them, for both are
now millionaires of the class that can
not be spoiled by success in amassing
wealth, and both are happy in the fact
that their wealth was not taken from
some hapless individual whose wit was
not able to cope with their strong men,
tality; but, on the other hand, was
taken from the depths of the rich
mines of Goldfeld and adjacent camps
Enter Manhattan District
Their first venture, and big one
was the famous Block lease on the
Sandstone" which began operation:
; along toward the latter part of Novem
II DtIy IJutJ MllSl SAClltlllGllL Idll nlSl
f and everybody was leading the siren
uous life and hustling for patch o
ground upon which to "sink' for tn
t metal for which men have in thousand
I of cases bartered their very souls
r After making the lease Jim Davis, tn
field man" of the firm, made the frs
big record in the way Of getting hi
: hoist and other machinery on tn
o ground, and very soon the shafts wer
going down, and cross cuts were mad
a to catch the high grade ore shoots
Sounds easy, but as applied to tn
@ Sandstorm veins was not a picnic b
g any means, for the veins, while fabu
= lously rich, were oftimes narrow an
- "faulted," necessitating keen method
9 and thorough knowledge of mining t
= | follow. Well, the story is told whe
the statement is made that the
"cleaned up over one-quarter of mil
- lion of dollars from the venture, thu
= placing them in line to handle large
:, u propositions.
9 With the opening of the Bullfro
: district Mr. Davis was advised by MI
u Lotus to take few days "off" an
. go and see what opportunities Wer
. afforded in that field, and venture M
> 2 was the result. and the name of thi
,, success is the Bullfrog Gold Bar Min
u ing Company, with a gross acreage c
l. 100, four miles north of Rhyolite. Thi
:, property is well known as one of tn
Il biggest milling propositions in south
5 ern Nevada, and constant development
S work has resulted in blocking out sui
o ficient ore of rich grade to keep a mi
s going for many years; and not onl
: is the ore blocked out, but thousand
e of tons are on the dumps, and tn
n highest grade will be shipped as 500
= as the "Clark road" completes it's lin
e to the mine, which will be in yer
t few weeks over $4,000 has been ex
d pended in development work, and tn
e value of the ore blocked out is estimate
d to be worth nearly $4,000,000. The mai
q shaft is dowIr 400 feet, with levels a
n every 100 feet. The drifts and eros
a cuts aggregate over 1000 feet, an
n some idea of the value of this propert
!, may be gained when ii is stated tina
n the vein is from 40 to 100 feet wild,
A The value of the shipping ore is fror
d $40 to $500 per ton, while the millin
n ore runs from So to $40. The larg
amount Of work accomplished easil
places the Gold Bar next to the Mont
gomery- -Shoshone. A water supply c
n, 10000 gallons has been developed fiV
q miles east Of the mine, and the pip
N line is now in. A 100-ton mill will
ls installed as soon as railroad facilitie
a. viii admit. l.. r. Bedford superir
- tendent Of the mine, is one of the hes
~ engineers in the Bullfrog district, an
- his work on the Gold Bar is an elc
~ quent testimonial to his genius j. /
a LOTUS Is president of the Gold ia
=, and James r. Davis general manage
10 After getting matters in running ordt
on the Gold Bar, Lotus & Davis 81
cured the controlling interest In II
Ks Great Bend Mining Company, nea
Diamondheld. Work was inaugurate
ne in January. 1906 and the exploration
it OF the 100 acres OF the company's hole
ings were pushed with vigor and ali