davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25

shaft and struck rich copper sulphides
at so feet The vein pitching out of the
shaft, another shaft was started to
the south 125 feet to catch the ledge
on the dip at the 250-foot point. At 100
feet a crosscut was run to the ledge,
20 feet and the ore was again encount-
cred, and heavy ssulphides were found
in quantities The ledge is very wide
and the crosscut has not yet reached
the footwall, where there is every rea-
son to believe a heavy body of high
grade ore will be found. Ore is being
sacked from the rich veins already cut,
although only ore taken from the devel-
opment work is being saved. A
shipment will be made in few days.
Champaign, Mccormack !, and Ward.
operating at the Buckskin. Mining and
Leasing company have two leases adjoin-
ing the Jack Bell lease on both sides.
and both leases are in fine ore. All
leases on the Kennedy have been ex-
tended for period of one year, giving
IS months time to run, in which time
the leases should make big money.
BY reason of the showing made by
the leasers, two-thirds interest in the
Kennedy property was sold last week
10 San FTduClsco CdpitdliSlS, ~. a iiec
approximating $l50.000 for the property,
although rumor has it at a much higher
figure.
These and other strikes have stimu-
lated mining in Buckskin to marked
degree and several properties have pur-
chased machinery for deep mining.
Power will be furnished by one of the
greatest electric power companies of
the West, which is now stringing its
wires from the Truckee river down to
Buckskin and over to Yerington. A
railroad survey has been made from the
Southern Pacific from waubuska. via
Yerington to Buckskin and the line will
| be built this fall.
! Ruckskin is yet a young camp. but Il
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25

The Ida Bell mine at Ida has been
purchased by T. b. Hickey and asso-
ciates. Mr.. Hickey and Ernest Ken
nedy went out last Wednesday to look
at the property and so impressed were
they at the showing made that the deal
was consummated without delay. The
price is not given but 1t was sub
stantial sum. The Ida Bell Is an old
mine which has produced more than
100000 in silver and lead ore. taken
out Of big open cut in the side of the
hill. There is also an S0-foot shaft on
the property that is all in ore. The ore
is extremely rich in silver and lead,
running 40 ounces of the white metal"
and 20 per cent lead.
The new owners of the mine have al
ready started development work. The
shaft will be abandoned for the pres
ent and a tunnel has been started to tap
the main ledge at depth of 300 feet.
It is expected that the ledge will be
reached at about $50 feet on the tun-
mel level
Mr.. Kennedy says there is great ac-
tivity at Ida and he predicts that it
will soon develop into big camp. On
the Thanksgiving property a complete
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
LOS ANGELES TO
SEE THE SIGHTS
Prominent Business Men of Southern Metro
polls to Pay Their Respects to Gold
field to Foster Friendship and
s. Encourage Trade Relation

Tie News is in receipt of the follow
ing letter which is self explanatory:
Goldneld News. Goldfeld. New.
Los Angeles, May 21.
Gentlemen: Confirming my telegram
of yesterday, 1 beg to advise you that
on next Saturday, May 25th. special
train of Pullmans and diner will leave
Los Angeles for Rhyolite, Beatty, Gold
field and Tonopah. conveying a party of
from fifty to seventy-five of the lead
ing business men of Los Angeles. They
are coming for the sole purpose Of ac-
quainting themselves with your district
and to further a more friendly feeling
between the respective communities.
They will arrive in Goldfield Monday.
This is not an ordinary excursion, az
there will be no reduced rates. and the
party is to be made up only of invited
guests, all leaders in their respective
lines. The schedule of the special train
as at present arranged, is enclosed here
with.
AS chairman of the committee in
charge, 1 am writing to you personally,
to assure you Of the character of the
men who will compose the party. We
shall live upon the train throughout the
trip, but should appreciate any facili-
ties which may be offered for quickly
and intelligently seeing your district
and becoming better acquainted with
your leading men.
We hope that the trip may result in
bringing about closer relations between
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
GATzEM GETS n6ACHIMERx
FOR RED KING LEASE

The Florence-Goldfield Red King
Claim Leasing company has at last re-
ceived it's machinery outfit and General
Manager w. A. Gatzen now expects to
beat the record in Goldfeld for quick
work. Superintendent o. J. Buchanan
Of the company went to Tonopah few
days ago to hurry up the shipment and
being an old railroad man. he was able
to accomplish his object in quick time.
The carload of machinery arrived in
Goldfield last night and will be installed
as quickly as possible. The shipment
includes a powerful gasoline engine. a
compressed air outfit and pump. with a
capacity of 20 gallons a minute and four
Ingersol drills. Chief Engineer A.
Wandel says it will take only few
days to install the plant as the ma
chinery beds are all prepared. The
company has run a drift along the side
of the rich stringers that have been
encountered and as soon as the drills
are in commission the work of taking
out the ore will begin. ~
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
THE WEEKS MARKET SHOWS
FLASH AND THEN RECEDES

Trading on both the Goldfeld stock
exchanges during the week has been ex-
tremely erratic and generally weak.
There has been practically no market
for the general run of stocks and the
few that have displayed any symptoms
of activity have done SO only in spas
modic manner.
Last week the market closed strong
as a result of the phenomenal strikes
reported on the Mohawk Florence lease
and the leases on the Jumbo Extension.
1t began to look as though the period
of depression was passed and there was
a general feeling OF satisfaction over
the outlook. Jumbo Extension which
had dropped below $3.50, took decided
squirt and at Monday nights session of
the exchanges was quoted at s2.0S But
for some unexplained reason the squirt
was short-lived and Tuesday Jumbo Ex-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
MACKENZlE'S
MAKING FOR
MANY, MINES
Pushing Development Work On
All His Properties in Various
Camps With Prospects Of
Several Producers

Development work is in active prog
ress on all the properties controlled by
ID. Mackenzie & Company On the Ma
donna mine the shaft IS down las feet.
well timbered throughout and is going
down at the rate of Ave and a half feet
day. The property is equipped with
gasoline hoist. air compressor ard
machine drills and three shifts of men
are constantly employed. The bottom
of the shaft Is just entering an excel
lent ledge of quartz. similar in charac-
ter to that of the Mohawk. The man.
agement intends to sink to the 900
foot level and crosscut. A crosscut will
also be driven at the, 2oo-foot level
but sinking will continue at the same
time. 90
The Frances Mohawk mine shaft is
down 420 feet crossccut at the 300
foot level is now in SIS feet from the
shaft and three shifts of men are at
work sinking and prosecuting. An
other crosscut will be started at the 400
foot level and the shaft will be sunk
to 500 feet. The plant is equipped with
a 25-horse power hoist and complete
air compressor and machine drill out
fit. Thirty-five men are employed on
the property.
On the Frances Mohawk lease the
shaft is down 800 feet and crosscuts
have been started in both directions at
that level. A fine ledge of high grade
ore Is expected to be cut at a distance
Of about 75 or so feet from the shaft
and should be reached in about two
weeks. Another ledge is expected to
be cut in the south crosscut, at about
the same distance from the shaft. The
plant has a 75-horse power electric
hoist and the largest air compressor
outfit in the camp. having sufficient
power to operate eighteen drills.
The Combination Extension shaft is
down 80 feet and sinking is being
rushed by three shifts of men. During
the past week the formation showed
every appearance of forming a casing
for a ledge. The dyke, through which
the shaft is passing. will be cut in a
few days. This dyke can be traced
from the ground of the Combination
mine. The plant is equipped with
50-horse power double drum hoist. air
compressor and machine drill outfit.
The shaft on the Jupiter is down 200
feet and station is being cut at that
point. At a depth of 40 feet three
foot ledge was cut that carried good
values, and an immense flow of water
was encountered. Sixty to eighty buck
cts Of water are removed from the
shaft for each shift. The shaft will
be sent down 300 feet at which point
crossccut will be driven to the west
to cut the big dyke. This dyke is the
strongest that has Been found in the
GoldfeId dfstricr and carries higher
values than are found at any other point
in the camp. The plant is a 50-horse
power hoist and full air compressor
and machine drill outfit.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
BIG THINGS
EXPECTED Of
MOHAWK-JUMBO
Indications That When Ore Body
is Properly Opened Up it
Will Prove One Of the
Big Producers

The big strike of high grade ore that
was made last week by the Mohawk
Jumbo leasers on the Jumbo Extension
continues to be the talk OF the camp. A
new body OF ore was opened up during
the week that ran up into the big fig
ures but the 500 assay that the orig
inal strike produced is sui the record.
The rich ore bearing ledge has been
cut through and there is about six feet
of the phenomenally rich Tstuff Stations
are now being cut at the 4l5-foot level
and drifts will be run on the ledge to
develop the big find. About twenty
feet of the ledge has been uncovered
and shows ore of extraordinary richness
throughout its entire length.
j. II. Macmillan of thetJ H. Macmil-
Ian Company. Inc. managers of the
lease, took number of experts out to
look at the strike during fthe week and
the opinions of these men was all to the
effect that the indications pointed to
one of the richest strikes. both in point
of value and extent of the ore body,
ever uncovered in the GoIdheld district
No shipments will be made until the
ledge has been stripped for consider
able distance, but the property is
equipped with full plant of machin-
cry and with big three- compartment
shaft the lease is in position to turn
out a big daily production.
The report of the find caused the price
of Jumbo Extension to soar last Satur-
day, and the stock jumped from around
$40 to $2.09. While ii did not hold
up to that figure under the bear raid,
it fully established the fact that the
property is all that has1been claimed
for 1t. One of the heaviest buyers of
Jumbo Elk was Mr. Macmillan. who pur-
chased about $4,000 shares of the stock
last Saturday.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25

average assay value OF II per cent. Mr..
Goodale's son, a product OF the Colo
RADIO state school of mines, is superin-
tendent of the property. The company
is being financed by the Consolidated
Mines Investment company of Denver
and as the company has been successful
in placing the stock. ARRANGEMENTS have
been made to work double shift until
the ore body is reached. Mr.. Goodale is
also interested in the Union Blue group
of eight claims adjoining the Honest
Endeavor property. on which a five
foot vein giving an average value of
IL per cent has been opened up during
the assessment work Arrangements are
being perfected TO work this property
and commence shipping at once.
NORTH END
Nine or ten miles northeast of Buck
skin. DR.. Green, of California has a
group of nine claims. This side is an
iron group belonging 10 Tulbut & Son,
which formerly was the source of the
iron supply for the Yerington smelter.
The surface shows big iron groupings,
with strong indications that copper will
Goldheld people have bought a half in
terest.
Dan Croft. formerly of Goldfield has
the Broken Hills group adjoining the
iron claims above mentioned, with ex-
cellent showings for work done. One of
the veins is 20 feet wide.
To the southeast of the Croft. Ray &
Co. have a large acreage comprising 80
claims. They have strong eastern back
ing and are about to begin operations on
large scale. South of these claims
Clark and associates have bunch of
or claims that show good ore.
Two miles north of Buckskin proper
Reno people, calling themselves tht
German Mining company have a grouI
/ now in course of development with &
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25

tension was down to $f.75 and still
dropping. 1t continued to fall all the
week. although there was a slight rally
yesterday, the stock going to s155.
Jumbo Extension was easily the most
active stock on the board during the
week, thousands of shares being dealt
In at varying prices. The other stocks,
usually regarded as active, were only
slightly so and while prices were some
what improved early in the week the
transactions were small and unsatisfac-
tory while prices steadily declined
Florence was selling at $40 yesterday,
Crackerjack at 10. Red Hills at 35h,
Combination Fraction at $40 and
Frances Mohawk at $1.40
Reports OF stock manipulation came
from San Francisco yesterday, that may
account in a measure for the bearish
conditions that have been so apparent
for several weeks past. 1t was to the
effect that the ever recurring sIumps
in stocks was due to the manipulations
of the bear clique which has been sell
ing big blocks of stock that they did
not own and had no orders to sell. Brok-
ers are charged with deliberately under
selling the market and postponing de-
sufficiently low to enable them to buy
in at a price to insure them substan-
tial profit.
There is not the least doubt but that
the present stagnation is due in large
degree to manipulation by INSCRIPTIONS
brokers. as well as to the stringency in
the money market, both in New York
and San Francisco. Conditions in San
Francisco are said to be deplorable.
both from a financial and an industrial
standpoint and as Goldfield stocks are
largely held in that city, the local mar
ket suffers in consequence.
That the conditions in Goldfield
should warrant strong market no per-
son at all familiar with the situation
will attempt to deny. There is more
work being done in the mines and more
ore bodies being opened up than at any
time in the history of the camp But
when series of marvelously rich
strikes are made within forty-eight
hours on various properties, and fail
to stimulate the stock market, except
for very brief space of time, it is
only too clearly apparent that the in
vesting public is short of cash.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
RICKEY AND KENNEDY BUY
WELL-KNOWN Ida BELL

outfit of machinery has just been in
stalled and men are at work drifting
and sinking.
On the Florida the new double COM
partmentr shaft is down SO feet and
the plant is equipped with complete
outfit of machinery and mill.
The Centennial has struck some very
rich ore at the 50-foot level and the
o.d January Jones hoist is being in
stalled on the ground.
The old Centennial has a tunnel in
31O feet and another tunnel in 275 feet
and a double compartment shaft down
CO feet Water has been encountered in
tue shaft and a hoist and pump are now
being installed.
lie Storm cloud which side lines the
Ida Bell, is working e. full force of
mcn and is new sacking ere for ship
ment.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25

The shaft on the st. Ives lease is now
down to the 311-foot point. Manager
compressor, machine drill outfit and
pump. He has also started to cut sta
tions at the 300-foot level, from which
point cross-cuts will be driven to cut
the ledge. Upraises Will be started in
a few days to open up the ore that was
blocked out on the 100-foot level. Man
aged Codd says that as soon as the
cross-cuts and upraises reach the ore
the company will be prepared to handle
heavy production. Until the new ma
chinery is installed, which will be in
few days. no attempt will be made
to ship.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
smpprxa HIGH GRADE ORE

The work of opening up the rich body
of ore that was struck last week on the
DcNaughton lease on Mohawk No. 2
is being pushed vigorously and the vein
is widening steadily. The vein contin-
ues to give wonderfully high values and
as 1t has been opened up on both the
100 foot and tho 200 foot levels, the
leasers know that they have an i'm
rlense body Of high grade in sight.
Folr carloads have been shipped to the
mill since the strike was made on the
a)0-toot lefal the latter part of last
week and carload will be sent out ev-
cry other day from now on. The ship
n,nts will average several hundred dol
lars a ton.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
(Staff Correspondence.

Buckskin, New, May ga week s
visit in Smith and Mason valleys will
convince anyone of the growing great
ness of Yerington and it's sister camp
of Buckskin. There are no two camps
in the state outside of Goldfield that
show greater activity, and evidences of
growing faith in the mineral deposits
of this section are manifest by the
innumerable important interests that
are acquiring prosperity hereabout.
The Yerington district lies between
Mason and Smith valleys, both rich in
all agricultural products. Buckskin lies
across Smith valley to the west of
Yerington, and the two districts join
at the head of the valley. making sub
stantially one continuous district in the
form of a horseshoe or wishbone. The
geology of these districts has been
set forth in the Goldfeld News from
time to time. by Judge Deane and
others and much of the attention at
tracted to these camps, is justly attri-
butable to The News.
The special interest aroused in Buck
skin the past two weeks, and which has
drawn scores of mining experts ano
investors to this district was due TO the
important copper strikes made on Tx
Kennedy Consolidated ground, at the
head of Main street in the town ol
Ruckskin The Kennedy was the orig
inal location in this camp, and was
located as a gold property. as were al
others surrounding. the surface snow
ing rich gold paintings everywhere The
work done on the Kennedy for severa
months after its location revealed goot
gold values to a depth Of 70 feet Bu
the working were on top or the hill
The Jack Bell Gold Mining company
which had some locations in the camp
on the Yerington side. saw the possioih
ties of the Kennedy ground and took
lease on a block of ground furthel
down the hill. The company put dow
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
LEASE AT silver BOW
Is sH1PPrNa oRE

The w. G. Cook Leasing company. OPP
Grating on the Silver Glance claim at
Silver Bow, has been making test ship
ments to Reno and the returns have
been so satisfactory that they have
increase their working force and Will
make regular shipments as soon as ar
rangements can be made for hauling
the ore.
The shaft is down to depth of 5s
feet and the pay streak has wldened
from 22 inches at the surface to about
four feet. Careful assays in the bot
tom of the shaft show returns OF $20o
in ruby and horn silver and almost 500
in gold. There is also six to eight feet
of the vein that will mill from s25 to
$50 to the ton.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
sIlElERONE LEASING
GETS ENCOURAGING VALUES

The Simmerone Leasing ad Mining
company has completed the station at
the 25o-foot level and started cross
cutting to the east and west. In the
west cross-cut, about five feet from the
shaft, a vein has been cut that assays
$22.40 ton. which is considered very
encouraging. The management does not
look for high values until the main
ledge is cut. which Superintendent Ross
expects to get about 60 or so feet from
the shaft. Good progress is being
made in both cross-cuts.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25

The 50-horse power hoist for the Gold
field Centennial at Ida which was or
dered sometime ago but was delayed en-
route, has arrived on the ground at last
and is being installed with all possi-
BILE dispatch. The mine is controlled by
Goldfield capitalists and the property
will be developed on an extensive scale.
The old mine has produced many thou
sands Of dollars
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
NEVADA SOUTHERN GETS
GOOD VALUES IN TUNNEL

The Nevada Southern Gold Mining
company has just received returns OF
$3.50 from a vein cut in the breast OF
the tunnel on their property. the val
ues being principally in silver. The
tunnel is now in 800 feet and has cut
a number of veins carrying good val
ues and when the contact is reached
should open up a good body of shipping
ore. The management is pushing work
in miner like way and is deserving OF
success.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
1ELIEv1MG BAD AIR
IN rxE aIo0INsoN

The Higginscn lease on the Wedge
claim is pus',i'1g ~ork on the cross-cut
to connect with the McNaughton lease
wc1 c1kings on Mohawk No. 2. When this
connection is made it will give the Hig-
ginson people plenty of air in their
workings and enable them to make
much better headway with the devel-
opment work. At present, on account
of the bad afr, but three men can work
at time. They expect to reach the
McNaughton workings in few days.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
JANUARY yorrs SHIPPING ORE

The January Jones lease on the cor
nishman claim of the Florence is taking
out shipping ore from the 175-foot level
The shaft is down to the 300-foot level
and they are now cross-cutting for the
Florence vein. which Mr.. Jones expects
to cut in about rs feet shipment
will be made in a few days.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25

will be produced The first shipment
will be made next week and the re-
turns are expected to stir the stock
market up.
The Mohawk Florence is controlled
by and under the management of DIR.
Robinson and Geo. vickers and their
phenomenal success on the Little Flor
ence is being duplicated in their lat
est bonanza.
The Little Florence shaft has been
Strengthened and today they COM
menced hosting ore from II and from
now on win make steady shipments.
With thece two immense ore bodies
to draw from with first class equipment
an enormous tonnage can be produced.
MCCORMACK TAKES A
LOOK AT xBAUUvAAx
j. G. Mccormack returned from Rhyo-
lite in his big Thomas flyer last Thurs
day, bringing with him party of Fres-
no capitalists. who are largely inter-
ested in the Goldfield Transvaal mine
In the new Transvaal district The party
included w. NJ. Griffin. ID. III. Trowbridge,
Montgomery Thomas, Mr. Wilson and
Walter r. Pratt. Mr.. McCormack's sec
retary. The Californians are enthu-
siastic over the splendid surface show
ings In the new district. which is
about fourteen miles south Of Beatty.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-05-25
coMsIxATIoH FnAc11oN L. = n.
LEASES on LUcxY srnrxn

Two leases have been let on the
ground of the Lucky Strike within the
last few days. one on the Kathlyn Carol
and one ON the Minnewas claim. The
leasers are e. c. Mccarthy. F. r. Red
and J. II. Good. who are preparing to
begin extensive development work on
both blocks as soon as possible.