Los Angeles herald., 1907-03-17
ELOQUENT STORY
FROM GOLOF|ELD
Union of the Vast Interests of Highly
MineraIized Properties in the
Bonanza Group-Story
in Figures =

The title "the Goldfeld Consolidated
Mines company" conveys nothing as
to the gigantic mining enterprise re-
Gently organized among the big pro-
ducers of Goldfeld, and while thou
sands of pages have been written re-
garding the individual properties it is
even more interesting to note the or
ganization of the biggest gold mining
syndicate in the world.
Plan Big Things
The Goldfield Consolidated Mines
company is organized under the laws
of Wyoming with an authorized cap
italization of 100000 shares, par value
$40 and to assure thereby to all con-
cerned the realization of the utmost
profits from 1865 acres of proved boz
nanZa ground in the heart of the Cold
field mining district, of which area it
has acquired control. The corporation
is empowered to and will purchase or
otherwise acquire property in addition
to the territory it already controls,
and will concentrate, treat and reduce
the output Of it's mines.
The companies participating in this
union of interests have passed their
management and control to the Gold
field Consolidated Mines company by
in each into shares of the Goldfield
Consolidated Mines company on the
basis recently announced to the public.
The shares of the constituent compa-
nies so transferred form a part of the
assets of the Consolidated company,
the latter thereby becoming a majority
stockholder in each of the four COM
panieS named.
The union of interests Of the several
nrODartiag involved randara Y,nSefhla
the systematic development of the
group of known ore bodies and the
intelligent and economical search for
others as yet unknown. The study OF
their relations by a corps of engineers
familiar with them all will be tho
means of avoiding futile and useless
expense in blind prospecting for ore.
Shafts have already been so located
as to develop not only the ground trib-
utary to each, but to serve also as
units in a broader schema of develop
ment which will be so comprehensive
as to leave uneXplored no part of the
valuable territory controlled.
The ores of the several contributing
companies will be milled In a common
plant of large capacity, which will
avoid for each any investment in am
individual milling plant and also se-
cure to each the advantage of the
economies due to handling of a large
tonnage.
Production Of Properties
Previous to March II, 1907, the prop
critics included I'm these interests have
produced as follows:
Ore shipped from
Jumbo mine--leases. 80. S1.625,297.2
/ Goldheld Mining Comm. 216,92460
Red Top mine Gore shipped
and milled) ............. 3Bs,20270
Mohawk mine ...........t. 6,S41,OSo.7s
Totals ...............S9 .S9.os1. .62O.st
The above figures tell an eloquent
story and still the properties enumer-
ated have only mined at the grass
roots, no work having been done be-
low the 500-foot level.
You say you were IN the saloon at
the time of the assault referred TO In
the complaint?" questioned the lawyer.
Il was, sor," replied the witness.
did you take cognizanca OF the
barkeeper at the timer"
Il don't know what he called Il, sor.
but 1 took what the rest did."-Mll-
waukee Sentinel