The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-23

than double the premium- Every IN
vestor VIII has watched Nevada Hills
recovery from the quick slump follow
ing the embarrassment of the banks.
and climb from 50 to "a bid I'm the face
of a gradual decline In all stocks. must
be convinced that behind these shares
there IL mer.. And the figures will bear
him out in this conclusion.
For the month Of October the labor
accoun. of Nevada Hills was between
$4,000 and $4,000: for the ore hauled TO
Falion there war distributed TO the
freight outfits $4,000. The actual ton
mage going out was less than for Sep
TENDER. for the sole reason that . NUM-
Der OF the frefehters took advantage Of
the extortionate prices that were paid
for hau! to Rawhide during the first
rush to that excitement. when a. high
as Z cents per pound was paid. The re-
action IL now on. and there.is . very no.
ticeable increase in the number Of
freight outfits passing up Main street
this week. At the mine there 81 the
same congestion Of ole. with from 5000
to 10000 sacks OF ore on the dumpa-
Signs are that h tonnage. will exceed
1900 tons for this month. A mine that
distributes nearly $50. 900 per month
among the laborers and freighters. UNI
der conditions uch as confront Nevada
Hills IL indeed a wonder.
1A1svuw sAsxn
The finishing touches on the installa-
ton OF the immense plant of machinery
for the Fairview Eagle were put on this
week. the final connections with the air
compressor system are being made. and
the mine is shaped up for production.
With a s0-h.p. compressor engine. at
tached to the pumping plant M air
drills. there IL no Imaginable impedi-
ment 10 starting producing from the Inn
mense sulphide vein without further de-
lay. Not only H. the water now dimin-
ishing. but the present equipment will
enable the management to handle nve
times as much water as ever ran into
the lower levels, and II may be stated
that The hindrance from water IL abb
soiutely removeda
There Is reason why ore wagons from
the Fairview Eagle should not be trail
Ing through Main street within another
80 lays and every citizen OF the camp
confidently expects to witness such pro-
ceedings.
NEVADA HILLS 1xx1H11o1
Very little has been heard from the
Nevada Hills Extension. for the reason
hat the work there has been confined to
sinking a main shaft. and no develops
men were expected there. This week
the shaft measured Is feet short Of the
s00-foot mark. and orders are in force
to go right on down.
This .s the deepest shaft in the dis
trict. although not the greatest depth IL
attained, as the Hills proper has a winxe
from the tunnel No. 5 that Is lower. The
Extension management believes that
with each foot of depth the shaft IL get
ting closer to the vein on Its dip. and
the sinking may be continued TO $50 or
ever 400 feet before q crosscut IL
started.
DAVIS 3 HA11oxx x1As1
Drifting Is now In progress at the
Atchison. Davis and PARROT lease on the
Fairview. Clipper, where a ribbon streak
of extremely rich ore was followed
from a point ten feet below the surface
in the shaft. with values that were suf-
iciently rich to make the lease pay its
way. After sinking so feet with their
shaft the leasers started drifts in both
directions. since which time values have
been high but Intermittent, and the
large ore body for which they are
searching continues to elude them,
Each drift Is now in Is feet on the vein
and spots OF high grade are continually
encountered. After following The cas-
and west course of the vein for awhile
it may be decided to sink to greater
depth in the exploration work. In any
event the prospect of making good on
this lease is most encouraging-Fair-
view News.