davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

The closing of the banks and the gen.
eral financial stringency has in no way
interfered with the development of the
Mackenzie properties although d. Mac
kenzie has something like 100000 tied
UP in the State Bank and Trust COM
pany. I'VE will continue to operate our
properties, said Mr.. Mackenzie yester-
day, "and the miners will not be asked
to wait for their pay"
The low grade body of ore that was
opened up on the 270-foot level of the
Jupiter mine several weeks ago is
steadily improving both in extent and
value The entire face of the drift is
now showing ore that averages $14
ton. The management is very much
pleased with the showing In the mine.
The Frances Mohawk mine. the Frances
lease, the Combination Extension mine
and the Madonna mine are all in hne
shape and the work on all the properties
is being pushed forward as rapidly as
possible.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

The Pollard Florence lease has started
after the high grade in earnest. work
was resumed yesterday, sinking the
shaft from the $50 to 45O-foot level TWO
shifts being employed to push the smart
down with all possible speed. That the
Pollard Florence has the main florehce
ledge there appears to be no oouo'
President Lockhart of the Florence CON"
pany says it is the real thlhs anu .na'
there is no reason why the Pollard fior-
ence neonle should not strike the same
hip values that have been found by the
little Florence and other fortunate
leasers. This big vein was entered on
the 35O-foot level and is go feet across
OF course this 60 feet is not all ven,
matter and the values in the streaks oi
ore that appear to be separated ny
horses are not continuous.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
DAISY OPENS TWO-FOOT
VEIN OF HIGH-GRADE ORE

A OF high frcms been
in
dollars sio5s drift is being the
he streak.
a
for
that
sufficient
o he
N "A wa o ing greaiiz
. . Z - q Z Z q = Z = - 4 = = 4 - = = n q
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
LITTLE FLORENCE PILING
UP A BIG HIGH GRADE DUMP

The Little Florence Mining company
has entirely completed its new two com
partment shaft TO the 500-foot level and
is now putting in a sump. station
has been cut at the 500-foot level and
crosscut will be started in a day or
two for the high grade vein that should
be cut within fifty feet of the shaft
II is also the intention of the manage
ment to sink the shaft an additional 100
feet and tap the vein again at that
depth. As soon as the ore body is en-
tered on the 500-foot level the output
of the lease will be increased from so
tons a day to 200 and possibly 500 tons
day.
The vein on the 4oo-foot level is Wild
ening and the values are increasing. the
ore breaking at about $500 a ton. There
is plenty of this ore in sight and the
output is limited only by the hoisting
capacity Of the plant. On account OF
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
1T. IVES LEASIN0 co.
coHrxNUEs sIMxIN0 sxArz

The st. Ives Leasing CO., operating
the Codd lease on the st. Ives claim. Is
continuing sinking with two shifts. The
closing of the banks has tied up some OF
the funds of the company, but Manager
Codd says that this Will. not delay the
work in any way. The Reduction COM
pany having refused to take any more
ore, will cut on the revenue from the
sale of ore for a short time. but ar
rangements are being made with smelt-
ers outside to take the ore. and as soon
as satisfactory arrangements are made,
the leasing company win ship it's ore d.
rect to the smelter. The indications In
the shaft are improving every day and
the management is greatly pleased over
the showing that is being made.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
CONSOLIDATED DECLARES
SECOND 10 CENT DIVIDEND

a
Of
a
madeon orr of the month.
had given out that declaring
directors
dividend of cents share payable Jan 25th
read JAM 18TH
be
condit
shareholders
all the the city closed
notm in a ma
4 4 Z q 4 . = . q = Z q q z Z q q q . q = z z q q z z q
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
pnGERS SYNDICATE LEASE
DEVELOPING INTO BONANZA

the upraise will be carried up to the Soo-
foot level and IL the very high vaiues
continue all the way it will give the
syndicate people nice body OF SNIP
ping ore.
The two veins are now dipping toward
each other and the management IS Oh
Tho oninion that they form junction
little further down. Sinking Will be re-
sumed in a short time and an attempt
made TO locate the point of intersection
of the two ore bodies. If the theory OF
the MANAGEMENT proves to be corree'
an immense body of shipping grace ore
is certain to reward their enorts- ihe
closing of the banks has prevented the
carving out the elaborate plans tha'
rad been formed for opening up the ore
bodies. for the time being. but the worH
is nevertheless being pushed forward az
ranidly as possible under the eircum
stances.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

all his banks Monday morning without
fail. The Reno bank opened for bust
ness last Monday but did not open Tues
day morning. When this news was re-
ceived in Goldfield 1T created some ap-
prehension but it was explained that II
it had remained open depositors in the
other Golden banks could withdraw
their deposits through the institution
at Reno. AS this would probably have
precipitated run on the bank at Reno,
on the advice of his attorneys, Mr..
Golden decided to postpone the opening
until all the Nye & Ormsby banks were
ready to transact business.
Thomas b. Hickey of the State Bank
and Trust company has returned to Car
son City from San Francisco and has
announced in an interview that he ex-
poets to reopen his banks next Tuesday.
He declares that the State Bank is per-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
HIGGINSON M. & L. co.
DEVELOPING RUBY GROUP

the 100 and 200-foot levels to tap
known lodges.
This company also has lease on the
Wedge claim of the Jumbo Extension
from which II took out more than $780,
600 worth of ore. Negotiations are now
pending for an extension of the lease
and II II Is secured. the shaft will be
sunk another 100 feet. at which depth
the management believes the vein OF
high grade can again he picked up. II
the extension II not secured the COM
pany will devote it's money and energies
solely TO developing the Ruby group.
which is regarded as very promising
property.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
VICKERS BUYS VALUABLE
PROPERTY AT CAMP STIMLER

George Vickers, of the firm of Robin
son vickers has purchased the Slim
ler group Of claims in the recently or
ganized Stimler district, IL miles south
west of Blair from H. C. Stimler and
Henry Jagels, the original locators.
The purchase price is not made public
but it is believed to be in the neighbor-
hood of $4,000.
The group acquired by Mr. Vickers
comprises ten claims on which the vein
can be traced for distance Of $4,000
feet Some sensational values have
been obtained from a great many places
on the surface, causing a stampede to
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

said Mr.. Jones, I'VE should have apou,
75 feet on the strike of the ledge on the
a00-foot level and about twice as much
on the 400 and 500-foot levels III TINS
thing works out that way we VIII De
able to make a great killing in the An
nov The ore body we are working on
now is fully eighteen feet between walls
"a thare is about two feet of shipping
grade. Rough sampllhs places
value of this ore at slo0 toh- nm"
lots of quartz that shows an apuhoahoe
of free gold and the values may 20
higher. We will leave lot OF this DIE
ore body for Lockharts mill, Tor nearly
all of it will come within the mining
grade
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
POLLARD FLORENCE AGAIN
GOING FOR THE HIGH GRADE

go deeper" advised Mr.. Lockhart,
'and you will get the values all right
Similar advice was given by NUMBER
of well known mining men who nave
examined the property but on account
of the prevailing stringency the COM
many found it almost Impossible 10
raise the necessary funds TO SINK 'he
shaft to the required depth. Arrange
ments have finally been made, however
whereby the work can be carried on
Manager Charles Calvert declares tha'
,hara is absolutely no doubt of the
bigb grade being in the Pollard blocR
and he is confident that the lease can
begin shipping as soon as the VEN Il
tapped on the 450-foot level. AT 'he
same time, profiting by the experience
of other successful leasers. ne 1htehos
TO sink to the 500 and possibly the eoo-
foot level eventually.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
NEW coMPANY To1AzD
TO Wo8x on ATLANTA

The Jumbo Ledge Leasing company
has been Incorporated by party of
Los Angeles capitalists. for the purpose
of working the block Of ground on the
north end of the Atlanta claim, formerly
worked by the Atlanta Leasing COM
pany. Arnold Becker. the engineer in
charge of the new company's operations
says he believes that the Jumbo vein
passes through the ground, taking a
curve to the eastward south of the
Zinn lease. There Is already a shaft
down 374 feet and sinking will prob
ably be continued until the 400-foot
level Is reached, at once. The Jumbo
Ledge Leasing company Is close cor
poration and among it's principal stock
holders are c. o. Garfield. the oil king
of Los, Angeles. J. L. Boyle and H. d.
Thompson. also rof LBS Arg sles and
Arthur N. Rice of GoIdfield.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

rho new strike of high grade ore maoe
,v The Rogers-Goldfeld Syndicate ias.
W week continues to hold out and there there u J
every indication that it VIII pros, mt
ssnn,ne bonanza. Slopes are oeihs pus
in on the vein, at the point wn no
rich ore was encountered Oh -. have
foot level, and several ship asseu, has
haen driven entirely through the ven en-
and is being pushed forward to tap the ,he
parallel par vein that was found 3D., on xben eep
soo-foot level. This second VEN VII VII
cut on the upper level. was Ve,s the
richer than the first vein. IN VIZ M .oe-
high grade has been founa VI =, the
foot level and 1t is the an,,nue to
maaA ho,a ,ss values as greater depth is al "a
ta,ued' npIu This second vein lies about Ss bs
feet beyond the first vein and snoua san,,me
reached in few days. In 'he
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
DAIgY L. AND -. sEDx1u0
oxE At o1HArE1 DEPTH

The Daisy Leasing and Mining COM
pany Is drifting on the vein on the $50
foot level, that was found to carry some
very high grade ore when first entered
several weeks ago. The high values
have not been maintained but the vein
continues to look promising and the
management believes that 1t is only a
question of a short time when the lease
will be producing shipping ore. Plans
are being made to sink the shaft an
other 100 feet and undercut the vein
at that depth. where. the experts agree,
1t should prove even larger and richer
than on the upper level.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

The Higginson Mining and Leasing
company is preparing for active devel-
opment work ON its recently purchased
The shaft is already down fifty feet in
formation of quartz and porphyry.
showing good values A gallows frame
Is being erected and bunk house.
blacksmith shop and other necessary
buildings are being put up; As soon as
the gallows frame Is In position Is
horse power hoist will be installed and
the shaft will be sunk to the 200-foot
level Crosscuts will be driven on both
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

the district several weeks ago, when
the news of the discovery became
known. There are at present twenty
leasers at work on the group and every
one of them is in ore.
Mr. vickers went to Stimler last Mon
day accompanied by Edwin Christy of
the r. L. Bernier company of Chicago.
for the purpose of making thorough
examination of the property. He quickly
satisfied himself that the reported
strikes were the real thing and closed
the deal for the purchase Of the group.
He will at once organize company to
develop the ground.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
nonruson on BEE FRACTION

The Baltimore Belle Mining company
is making good progress on its Bee
Fraction lease. The crosscut, which is
being driven on the 200-foot level is
already in nearly $50 feet and DIR. Rod
inson. who controls the lease expects to
cut the big Jumbo vein before the end
of another week.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
LOCAL BANKING SITUATION

fectly solvent and that the depositors
will receive dollar for dollar of their
deposits.
THE bank is now solvent" said Mr..
Hickey. but the money is represented
by securities which cannot be sold now
on account of market conditions which
exist over the entire country. There are
many. i am told who are shorting the
market on the theory that the big
blocks OF securities which We hold will
be thrown onto the market within a
short ime and they will be able to re-
cover on a slumped market. The bank
will hold these securities and see what
effect this will have on the men short
ing"
Mr. Hickey says the cause of the tenn
porary suspension of the State bank can
be traced to the labor troubles in South
Do
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

The Alta Goldfeld Leasing and Min
ing company struck a fine looking vein
at a depth of zoo feet in it's lease block
on the Velvet few days ago. The ore
is lively looking quartz and has all
the characteristics of Mohawk ore But
the values did not materialize when the
rock was assayed. the showing being
about 40 cents ton. Although disap-
pointed, the leasers are not discouraged
but have started to explore the vein
and hope to run into high grade before
Lar,
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
spIEHDYD P1osPECTs Fo1
TIVE Txo1EMCE ANNEX LEASE

The vein of high grade that was
opened up in the Florence Annex is ho''
in the opinion of Manager Charles A.
Jones. the Little Florence vein' ou.
narallel vein. Mr.. Jones beiieVes 'ha'
the little Florence vein is further 10
the west and is now driving crosscu'
10 tan IT. According to the surveys .he
Iittle Florence vein should dip INTO .ne
Annax ground between the 800 and 4oo
foot levels The Annex is down 500 1ee'
and the shaft will probably be sunk an
other 100 feet. $,
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

the refusal of the smelters to pay for
consignments of ore. except at their
convenience. the Little Florence is not
shipssng but piling the ore on the
ground at the rate of about $4,000 a
day or s55G.000 a month. As result
the management will have an enor-
mously valuable shipment to send out
as soon as the smelters are prepared to
receive and pay for the ore
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
TO sINX SHATT ON
AxBENARLE TO 5oo-F0oT DEPTH

The shaft on the Albemarle property
which is controlled by James F. Burns,
the Colorado millionaire will be sunk
+o tho 5OO-foot level at once. Stations
will be cut at every 100 feet and cross
cuts driven to thoroughly explore the
ground. On the 1Oo-foot ieVei 'ie
crosscut has been cleaned out anu Is
now being driven ahead Tor the purpose
of cutting the big ledge that outcrops
on the surface.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
POSITION OF ORE PURCHASING COMPANIES
AND SHELTERS is misunderstood

gold ores are not only a position vastly
shippers commodities which subject
panies fully the unchangng value of gold
willing settlement from the smelters bull
lion can be produced assume, response
bity make that responsibility enec
tive by advancing delivered of
their ability daily receipts There is good reason
to doubt of the smelling industry of the
American Smelling and Refining company
EMsAzaAssMEHT OF RICHES
The announcement shipment must be
grade $50 per embarrassment-but
will be embarrassment of riches So far
be learned there is not producer In this district
his grade holding them for
shipment and have high grade product that
will pay of operation and profit The embargo
grade largely due to the great increase
late total shipments having approximaed 1000
tons for the regular production This
caused partly of during the recent
partly by the usual forced production by
easers at this partly by normal increase
of production due to development The smell
ters over-supped with Goldfed and time must
be given them piles 1t is better to
shipments holding back the low grade ores Tor the
CAN HANDLE 1900 ToHs A WEEK
1t is reliably stated smeers regularly
handle week of the refractory ores Of
district Although opinions vary very greatly as to
what the Godfeld should be
safely assumed mat norman ou'lu' " ,, % ~ e. 80,
week II were provided to prohtabiy
grades $50 $50 locally There has been
great need for milling plants of large capacity. and
doubt that these will now be provided Al
unlimited for milling purposes is available at
Alka fat Godfed, under which is
voir the drainage from large watershed
mill been lowered The of this
district developed. not difficult to treat-the
best agreeing that with large mills 80 per cent
can be a a about IS ton Counting the
allowing 81 ton for local
sbipmen could therefore be treated
locally SIG agnst $3.50 including penalties as
could be treated for about $3.50 per
ton reduced these costs will be less
on the contents of the ores con-
tines increase modification and perhaps
practice will be There
chemical composition in sight how
building of large local plants for its
treatment be done IL Is probable that mills
be reached by rail- will be leased
or available for of low grade
o this district
NO CAUSE FOE ALAHM
In the there be found valid cause
for alarm and will continue somewhat re-
but with net out
Payrolls of producing
profits be realized within
grade must be held for while
but and better market Will be created
While staggering because of financial
panic daily producing that with which to
finance its quick revival of business
enterprise safety interval be reasonably
expected
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

Davis & Wheeler received some SAM
pies OF ore taken from their Copper
Glance group. at Lee. 25 miles south of
Rhyolite. a few days ago that show the
property TO be most promising Picked
samples of the ore assay s1so in gold.
1o4 ounces in silver and IS per cent cop
per-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
(For The News by Arnold Becker. NJ Ed

(For The News by Becker NJ. Ed
The position and of purchasing
companies at vital matters of ship
ments and generally misunderstood with
the result that felt by mine
and those indirectly dependent upon the mining
industry in this district
1t has been print parts of the
that purchases in this district have ceased ana
that until after those
the bullion marketed and the pro-
Godfed There is just enough truth IN
this upon hang utterly false conclusion The
facts these:
The ore purchasing companies of prepared
to ship all grade of $50 per on
and take and treat such ores
For the present and accumulation of
$50 to $50 be cleaned up low grace must
be held at the mines
ONLY rE,uozAHY CONDITION.
The ore companies the whole net
advance heretofore because the pas
will not finance such
security gold ore in transit This is temporary
and which has upset usual business
methods and obvious alternative
such remttances for already delivered as
of payrolls and costs OF mining ana as
rapid settlement profit balances as possible from
actual the remainder of this period wheh
be conducted without banking assistance
1t is stated authority which believe to be un
the purchasing companies are IN re-
CENT of daily smelters for ores already
delivered not only payrols and
costs but account of profits that
settlements in full fairly though made in
instalments
In time of sringeney this. producers of ore
will only willing wait reasonable time for prohts
realize that their position is SIN
only because the value OF goid
bullion industry If necessary get
along without banking be taken certain that
gold ores be the first securities that
banks will avorably after the present crisis mas
passed
sEExT1N0 COMPANY Is SOLVENT
There feeling uneasiness among shippers as 10 te
solvency Smelling and Refining company
Guggenheims nave iost suns
up to copper for which they mad sete
at prices ranging 25 pound of metal
sell at around IL cents me
figures given manifestly incorrect The Guggenfem
smeters handle than 20 per cent OF there-
abous copper OF this country The copper
surplus is 40Oo0oo0o pounds and the 6uggeh
helm loss cannot well amount 10 more
than s1 could not cripple the smeei
the sustained by the American smei'iis
and Refining fall of copper II mas pee o
counted by would have been so without
factor in purchasing situation II banks had no'
been Obliged support from all industries tenn
of determined value are ,he
and there is not the ssh
est danger purchase and treatment the
lean Smelling Refining will fan 10 realze
heavy profits rapidly This being the case shippers OIL
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02
THE WEEKS OUTPUT HAS
VALUATION OF $348,6OO
Action of the Selters in Delaying Settlements for
Ore Shipments and Temporary Closing OF
One of the Large Producers Cuts the
Treated Product to 3,73l Tons

rda for mewee tons Mt vi
The Of OF the for
avnga yh o.
m
his o from he
int
shipment ppd N which
= swek received by to b
can
= ship nh a.
ton or pc
might P
= Fnree
= ma y
ahay a
= onoN 5000 rcivd from Great wt
hv Of
ton W that Walt
the weka Guh hgod n
o
. extracted n the
= .
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

CONTINUED on Page Five.)
Decorah-posten og ved arnen., 1907-10-01
Oondren.

Geune fiGre gen4 for bois Sinh
hi sisr iaa nte8et, os til bpeln pi bar
lia Siaio, at ri balpt for Ilpor fol
Ser Den "olmGatig", par Der hos Of
oprinbelia en- SsIpmpnt, iom ifnloC
babe famine @egt os @erSi iom Ell
ipanif IiaIter. Senere, I 1887, be-
Iutteoe a~oneresien at Soaareu
itulbe bore IiNt Iettere emo fsr; tbl
Sslppriien bopoe saaet op. 0oua'
rem ifuIoe efter ben Sio peie 41212
Grains, bporaf 80 Srocent ifuIoe
bore purt SsIu. Oct er ben SsIp'
Dollar, iom ri enbnn bar. Ssrit
1s49 bespnSte Rpntuinscn al Cub
Dollars. elsie ffuISe peie 25.S
groirs, bporai IiselsSes 80 9rocen.
itilSe prre Set rene Sub. Neflen1
1878 % 1883 5apoe ni ogiaa De iao'
falSte "SrnSe EclIorSM, Tom inoe'
boIot mere SsIo eno De andre, nerrlia
420 Grains, men iom BOG sialSt for
minbre, fprbi De life bar tplrngeni
Decorah-posten og ved arnen., 1907-10-01
S]oppmmftet al elegance.

Observation-Disclosures er bsi
8rao u0pifIct, life oIeile blanot Oct
merfe SoItIanbs Ibefatte, men ogInn
bIauot Observation-Disclosures, fortGIler
Tnrit Gbiuipe sc Garamm'G btnap,
iom / Wcoembcr flor bc9ao iig pao
Ell Ipnqcre Serb iuOieiernem aon9o.
Sans forte 2ebiogere b%eltnoreoe mo-
ttrIiapi8 ole ben bpioe Wauo8 gien'
bcIc; men set Tom olermeit pofte De-
res @%eumoriua, bar bans Ronofle.
Set rlnoe @IoSitpffe | Siet forefom
6em at uure Soppunftet al cirrcp9i't
elegance, % flere al bem moIte bot
ti0clia rltnSt set enc Sie Ell botN
Ring. Tom itof bcipnberli9 al MOB DC
forte GmgipcIier. s MougeI al @loS
frrot sc, at oeune Rtua 9ioroe goo
Ticrcite, % 6en bar ittfert biorogct
til Of p0e ncreS NuieeIie bIonbt bcres
iorte 2arbsmUn0.