davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20
MACKENZIE TALKS OF THE
OUTSIDE MINE INVESTOR

party, ]. F. Mitchell and party. Baxter
and party and Patsy Clark and party.
Ore is being shipped regularly and sew
eral strikes have recently been made.
One strike was made on the Red Boy
last week at the 300-foot level that as
saved from IA to 23 per cent copper, 81
to 81 in gold and little silver. Schwab
has five hoists working on his property
and two more are being installed. 60
horse power is about to be shipped from
San Francisco for the Red Boy and CO.
horse power hoist has been ordered for
the Saratoga. Air compressor and
machine drills have been ordered for
both properties. There are now 23 hoists
in the camp. The boom that was pre-
dicted for Greenwater next fall, says
Mr.. Mackenzie, is already under way
and prices of stocks are higher than
during the boom of last fall.
Mr.. Mackenzie and Mr.. Oliver, his
mine manager, will leave today for Seven
Troughs, Wonder and the Fairview dis
tricts. They will be gone about ten
DAYS. The new Mackenzie building at
First and Ramsey streets is completed
and the ID. Mackenzie & Co. will move
in tomorrow. New mahogany bank furni-
ture is being put in and two new safes
are among the improvements. All the
furniture was made to order and when
the new offices are opened for business
Monday morning. they will be among the
finest in town.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

mixed some high grade with the sam
pies left by Mr. Gray. The high values
shown in the certificate caused Mr.. Gray
to have another assay made, which he
says showed values of $40 a ton.
Mr.. Gray says that at the time he ap-
preached Mr. Condor to enter the stock
pool, he believed that he could obtain
an extension of the lease from c. o.
D. Since that time he received letter
from l.. X Koontz, general manager of
the C. o. d., which, while not directly
refusing to renew the lease, indicated
that Mr.. Koontz and the directors of the
company did not look with favor upon
the application Upon receipt of this
letter, Mr.. Gray says he let go of 100000
shares and bought back about 10000.
In regard to the publication of mis-
leading article regarding the terms OF
the lease, Gray denies responsibility and
the paper publishing it admits its error.
For more than week past the report
has been circulated around camp that
L. X. Koontz, general manager of the
Gold Bar and c. o. d. companies had
refused to extend the lease of the c. O..
d. NJ. & L., which expires August L.
The reason given in the reports was
that the c. o. d. company intended to
sink it's main shaft on the block being
worked by the lessees. When seen
Thursday Mr.. Koontz would neither af-
firm nor deny the truth of the report.
He said he did not care to mix up in
what might be stock Jobbing scheme
and regretted that his name had been
mentioned in connection with the mat
ter.
"The lease does not expire until the
first of August" said Mr.. Koontz. "and
the question lies solely between the
management of the NJ. & l.. and myself.
We appreciate the character of the work
that has been done by the M. & l.. peo-
pie and when the time comes the ques-
tion of renewal of the lease VIII De
taken up. The NJ. e L. has other prop
critics and can protect its stockholders,
whether or not the lease is renewed
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

Considerable light has been thrown
upon the dumping of large blocks of c.
o. D. NJ & l.. stock on the market re-
Gently by a controversy that has arisen
between w. F. Gray, general manager
of the company and Thomas H. Condor
In an open letter to the public, Mr.
Condor charges that he was approached
by Mr.. Gray with a proposition to bear
he was invited to put $1,000 into fund
to be used to forcibly depress the price
of the stock and thereby defraud the
public. He says he refused to become
party to the scheme and that few
days later an article appeared In daily
paper, giving false and misleading In
formation concerning the terms of the
lease. Condor says also that Gray
showed him a certificate of assays, pur-
porting to be returns from ore taken
from the shaft of the c. o. D. M. & l..
company. which were altogether false.
in that they tended to prove that high
grade ore had been struck, when as a
matter of fact, no ore has been found
that assays more than few dollars.
Mr.. Condor concludes his letter with
a denunciation of the methods which
he alleges have been resorted to by the
management of the company. in its
manipulation of the stock.
General Manager w. F. Gray, OF the
c. o. D. NJ. & l.. enters general denial
of the statements made by Mr.. Condor,
although admitting that he asked Con-
don to enter a pool with him to buy up
the outstanding stock.
II did say" said Mr.. Gray, that If
necessary, 1 would dump some of my
own stock on the market for the purpose
of keeping the price down. so we could
get 1t. Mr. Condor declined to enter
the pool but promised to help and has
been buying the stock ever since"
Mr. Gray frankly admitted that the
assay certificate he showed Mr.. Condor
was not a true presentation of the value
of the ore, but claims that an error was
made by the assayer who inadvertently
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

d. Mackenzie, the we'll known broker
and promoter, returned last Tuesday,
after an abs klce of little more than
two weeks. Mr.. Mackenzie first went to
Phoenix to attend the annual meeting OF
the Madonna Mining company of which
he is general manager.
Mr.. Mackenzie Travelled over the Brock
road to its terminus. thence by automo-
bile to Beatty where he connected with
the Clark road From Phoenix Mr.. Mac
kenzie went to Los Angeles on business
connected with the various companies in
which he is interested.
Los Angeles is beginning to take
decided interest in Nevada" said Mr..
Mackenzie Heretofore Los Angeles
real estate has absorbed the attention
and energies of the capitalists of that
CITY. but they are beginning to turn
their ewes toward Nevada and particu-
larly Goldfield. AS an illustration of
the awakened interest in this city, the
first two days after I arrived in Los
Angeles, I received from 25 to 40 callers
all anxious to obtain all the information
possible about this city. / think Los
Angeles will soon be as good market
for Goldfield securities as San Fran
many bankers and they were all greatly
interested in the development OF the
mines of Nevada. One of the leading
trust companies, so l am informed by
one of it's directors, is seriously think
ing of putting man in the Held In Ne
vada, to keep 1t informed as to condi-
tions here, with the intention of accept
ing Nevada securities as pledges FOR
loans If our securities are accorded
recognition of this kind in Los Angeles,
it will be big boost for the state and
the mining industry"
At Amargosa, while coming in on the
train Mr. Mackenzie met number OF
men who are interested in the Green
water country and who were returning
from an inspection of the big copper
camp. They reported great activity In
Greenwater, with many people coming
into the camp. Among the well known
mining men in the camp during this last
week were Malcolm Macdonald and
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

Reports have been current for some
time that on the Johnson group of the
Goldield Sovereign just south of Dia-
mondfeld, ore of shipping value had
been found. few days before the re-
cent troubles, careful inquiry of the
management gives good foundation for
this report. A shaft has been sunk l65
feet on one of the largest lodges yet
opened in the camp. The ledge is fully
one hundred feet wide and every assay
taken has been of more or less value
not a blank among them. Some time
ago a four-foot quartz vein was found
which assayed as high as s45.6o. Just
previous TO the shut down another vein
encountered assayed $500. Consider
able water came in with this vein and
ii was considered inadvisable to con-
tinue futher with only whim to hoist
the rock, and combat with the water.
The labor trouble coming on at this
time the management took advantage
of the tie up in mining and at once or
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20
RANK DEAL EXPOSED In c. 0. D. M. & L. AFFAIRS

The letter written by the c. o. D..
manager on April ., and which had not
been made public at the time of this
authorized statement was as follows:
Goldfeld. April 9.
C. o. d. Mining & Leasing Co..
w f. Gray, General Manager, City.
MISUNDERSTANDING an extension
of time on your lease on blocks and
of the c. o. d., beg to advise that you
are aware in granting this lease we gave
you to distinctly understand that 1t
was to be for period of twelve months
only from August /. 1906, and there was
to be no further extension of time for
the reasons explained: That we were
dependent upon this particular piece of
ground for our main c. o. d. company
shaft. and that to tie 1t up for longer
period would interfere with our intended
DEVELOPMENT of the ground from the
lower levels of the Gold Bar shaft, since
which time. as you are aware, we have
drifted across the c. o. D. line heading
a west drift to connect with your shaft
on C. o. d. company account. This
method of development was explained
at the time to the C. o. d. and Gold Bar
stockholders and directors and con-
as we were reasonably sure of the pres
ence of ore bodies on your ground we
felt that if your leasing company did
not develop them within twelve months
IL would then behoove the G. 0. ID. com
pany to begin active development at
point most likely to produce quick re-
suits, and as we have on hand about
$50. 900 for the purpose of sinking a
.O00-foot shaft and have determined to
sink II at a point where you are now
leasing, we enter into these details to
explain to you our attitude on granting
an extension of this time. Appreciating
the character of the work you have done
thus far and trusting to retain your
friendship and good will. we beg to re-
main. very truly.
GOLDFIELD C. o. ID. MINING OC.
Per l.. X. KooNTZ. General Manager.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

The stock market has furnished
series of surprises during the last week.
The unexpected strength of many OF
the well known stocks made itself felt
early in the week and prices have ad-
vanced steadily all along the line, gains
of five to ten points being common. The
continuation of the labor troubles does
not seem to have any permanent effect
in keeping prices down, particularly
among those known as good traders.
The depression that follows the an
nouncement that there is no prospect of
an immediate settlement is almost in
variably followed by a reaction, some
times slow but certain. The condition
of the stock market is strong proof OF
the confidence of the buying public in
the future and permaneney of the Gold
field district.
without doubt the gradually increas-
ing strength of the market during the
past week was largely owing to the
growing belief that an agreement be-
tween the mine owners and the miners
was in fair way of being consummated,
supplemented by the persistent rumor,
that was neither affirmed nor denied,
that If no settlement was reached by the
urSt Oh next week, many VI tho ioA SCI
operators would open up their proper
ties and give employment to such miners
as chose to work. provided always that
they would renounce affiliation with
the I. w. w. This feeling has gathered
strength from day to day until 1t Is
regarded by the majority of people here
that resumption of work in few days
is foregone conclusion. Many min
ers are known to share this belief and
its effect on the stocks is apparent
Jumbo Extension maintained it's repu-
tation as the most active trader on the
board and possessing the greatest re-
cooperative power. 1t has been in ac-
tive demand all through the week and
the stock, which could have been bought
last Saturday for s2.26, was selling yes
terday for SAP. with heavy sales at
that figure.
Another stock that enjoyed steady
and increasing demand during the week
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20
STOCK MARKET REFLECTS
CONFIDENCE in SETTLEMENT

was Crackerjack Last week 1t closed
at 22k and began to climb at the OPEN
ing of the exchanges Monday morning.
The stock was actively traded In all
week and yesterday afternoon was
bought freely at 2sh. The property
is well thought of and the price will go
higher, is the opinion of those who ought
to know.
Red Hills also had many followers
and the price of the stock went from
40 at the beginning of the week to so
at the close of the afternoon sessions
of the exchanges yesterday. Consoli-
dated was strong at $S.2S, after having
been forced down to $3.50 last week.
Daisy Red Top, Great Bend, Combina-
tion Fraction, Florence, Triangle, Mo-
hawk, Black Butte Bonanza, Black Butte
Extension and ST. Ives were all we'll
supported and gained few points. Sand
storm went up five points during the
week and closed strong at 70 cents.
c. o. d. M. e. l.. was actively dealt
in during the week at prices ranging
around 5A and 514. sensational let
ter by a local capitalist published
few days ago, accusing the manager of
the company with inviting him to join
in a movement to bear the stock, was
denied by the accused and apparently
did not affect the price of the security
although there has been but little de-
mand for the stock during the last few
days.
On the whole the condition of the
market is a subject of congratulation
on the part of both mine owners and
brokers and confident predictions are
made freely that as soon as the labor
troubles are definitely settled there will
be boom in half dozen of the better
class of stocks /lat will carry the
whole market up with it. OF course
the weak stocks are not expected to
maintain false prices for more than
few days. There is certainly a very
optimistic feeling among investors in
Goldfield securities that is very gratify-
ing to those having legitimate stocks
to sell and who are interested in the
future of the city.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

One of the most important mining
deals Of the last week was the purchase
by George Wingfield on behalf Of him
self and Senator Nixon. of the CONTROL
ling interest in the Fairview Golden
Boulder property at Fairview. Wing
field secured approximately 100000
shares Of the stock and at the annual
meeting of the stockholders, which will
be held in the office Of Scott & Amann
in this city on May 9Th. new board Of
directors. affiliated with the interests
of the new owners. will be elected. The
principal stockholders in the Golden
Boulder were Scott q Amann. Harrie
TAYLOR. Gurney Gordon, r. w. Morning
ton, Clyde Garret, John McMullen and
]. J. Moss. McMullen thinks so much
of the property that he is said to have
bought 10000 shares Of the stock at
80 cents, after the sale to Wingfield was
consummated.
Before buying the stock that gave
him control Mr.. Wingfield. had
thorough examination of the property
made by Joseph Morris. the engineer In
charge of the Nixon & Wingfield inter-
ests in the Fairview district. Morris
has taken charge of the property for
the new owners and a new hoist has
been ordered and VIII be installed at
once and active development work
rushed. The news Of the transfer caused
the stock to jump from 33 to 45 cents
in a few hours.
The Golden Boulder. consists of one
claim but is considered as one or the
best properties in the district. 1t was
located over a year ago and shortly
afterward came into the possession OF
r. T. Brackney and s. M. Carey from
whom it was purchased by Harrie Tay-
lor, Gurney Gordon and Clyde Garret.
Later others were taken in on the deal
and the Fairview Golden Boulder COM
pany was formed. The property adJolns
the Dromedary's Hump on one side and
the Fairview Lenas property, on both
of which good values have been found.
About 1900 to $4,000 feet of work has
been done on the Golden Boulder and
ledge fifty feet wide has been opened
up. There are also other good ledges
on the property. Samples taken from
the main ledge run as high as $2,s5o
ton. The shaft is down 10 feet to the
tunnel level. Twenty feet below the
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20
INDUSTRIAL WORKERS ON
TRIAL FOR BRUTAL MURDER

1t is understood that Preston and
Smith will change their pleas from self
defense and assert innocense OF all
knowledge of the crime. 1t is also said
that the defendants will demand sepa-
rate trials, in which case it is probable
that Preston will first be tried for the
murder of Silva at Hawthorne, and that
the trial of Smith as accessory will
take place at Goldfield later. the county
seat removing to that city on the first
of May.
The interests of the defendants are
being looked after by Frank ]. Hangs.
formerly of Cripple Creek. Colo, and
Patsy Bowles of Tonopah. One hundred
and forty prospective jurors are in town
and from that number, twelve jurors
will be selected to determine the guilt
or innocence of the accused. The trial
will be the most important criminal
prosecution in the history of Nevada and
1t is expected to last at least ten days
or two weeks.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20
LITTLE FLORENCE
MAKES BIG DEAL
Bonanza Lease to Extract Ore Through the
MOhawk-FlnrenCe Workings, and the
Latter Gets Fat Royalties
and Good Ground

below the level of the Little Florence.
Under the arrangement, the Little Flor
ence Mining company is to take over the
Mohawk Florence Lease and work 1t, so
that hereafter both leases will be oper-
ated by the Little Florence Mining
company, under the direction OF Superin-
tendent Madden, who has had charge
of both properties separately. Major
W. A. Stanton, represents Mr.. Keelyn's
interests in the property. DR.. w. X.
Robinson and George vickers. as mana
gers OF the property both OF whom are
among the heaviest stockholders In the
Little Florence company, will continue
their active connection with the work OF
making the Little Florence the prize
winner of Godfield. The officers of the
Little Florence Mining company are:
Judge Oliver II. Horton. Chicago. pres
ident; DIR. W. X. Robinson, Goldfield.
vice president: John c. Williams, Evans
ton. ILL.,, secretary; A. A. Herr, Chicago.
assistant secretary: James G. Keelyn.
Evanston, ILL.,, treasurer and managing
director: John s. Cook, Goldfeld. assist
ant treasurer.
The Little Florence will pay the Mo-
hawk Florence a royalty on such ore as
is extracted from the Mohawk Florence
lease and also from a special block of
ground on the Little Florence vein. so
feet in length by 100 feet in height. 1t
is estimated by the operators that this
Llock will produce over 81 10000 This
leaves the Little Florence with approxi-
mately 200 feet on the vein by about 500
feet in height Except the block here
tofore referred 10 50x100 feet, ore will
be extracted on Joint account of the two
companies. for the payment Of royalty
as mentioned. This gives the Little
Florence and the Mohawk Florence one
of the best opportunities for the extrac-
tion of ore in the Goldfie1d district. 1t
enables the Little Florence directors
to use their Mohawk-Florence 25-horse
power double compartment hosting out
fit, together with the S-drill compressor
outfit, recently purchased from the
Hayes Monnette lease. The main shaft
on the Little Florence lease will be
Strengthened and enlarged and put in
first class condition to hoist at least
100 tons day. The tunnel will be ex-
tended into the vein which1is estimated
to be about 80 feet from it's present
CONTINUED on Page Six.)
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

The trial of M. r. Preston and Joseph
Smith, the 1. w. w. agitators charged
with the murder of John Silva, Gold
field restaurant keeper, was begun in the
district court at Hawthorne before
Judge Frank P. Langan of Virginia
City, yesterday. A formidable array
of talent is present on behalf OF the
prosecution and also of the defense and
the trial of the two accused murderers
promises to develop into hard fought
legal battle District Attorney A. H.
Swallow of Esmeralda county. Is in
charge OF the prosecution and will be
assited by Emmett Walsh. an attorney
of Arapahoe county, Colorado. and in
that capacity, conducted scores OF GRIM
inal prosecutions, many of them sem
sational character. His long experience
prosecutor, makes him an invalua-
ble AID 10 the prosecution in this case.
He only recently retired from the dis
trict bench Of Denver.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

This morning about Q o'clock. Fred
Gleason, a deputy sheriff, was riding up
Columbia street to the postoffice and
Just before he reached it the horse be-
gan to buck and his revolver dropped
from his pocket. AS it struck the
ground the horse stepped on it causing
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

An important agreement by the terms
of which. the Little Florence Mining
company will work the ground of the
Mohawk-Florence Leasing and Mining
company, and use the Mohawk Florence
shaft to expedite the extraction OF ore
from the Little Florence. was signed In
Goldfield Thursday. This argument is
particularly advantageous to the Mo-
hawk Florence as they are to receive SO
per cent of the net proceeds on a block
of rich ore 50x100 feet.
The agreement was the direct result
of the visit to this city of James L.
Keelyn. managing director of the Little
Florence Mining company and will have
an important bearing on the develop
ment of the two properties. Mr.. Keelyn
arrived from Chicago. accompanied by
a party of capitalists who are interested
in the Little Florence and other proper
ties of this state. The party includes
Frank F. Corby, of Evanston. ILL.,. gen.
eral manager of the Mark Manufarctur-
ing company of Chicago; J. f. Doerr, of
Doerr Bros, architects of Chicago: l..
w. Senseney. a coal mine owner of Au-
burn, ILL.,: Paul Rudolph of Janesville,
Wis; C. F. Corlie of Madison. Wis. and
Robert w. Hunt. who is connected with
the Office of the Nevada Mine Owners
association, of Chicago. of which Mr..
Keelyn Is managing director.
The party visited the Little Florence
soon after their arrival and were very
much elated over the prospects of rich
returns from their investments. Super
intendent w. 0. Madden showed them
through the workings and they were
very much astonished at the rich values
shown them.
Mr.. Keelyn, for the Little Florence
and Robinson & Vickers. on behalf of
the Mohawk Florence Leasing and Min
ing company completed and signed an
agreement between the two companies,
for an allotment of block of the rich
Florence vein, the extent of which is not
stated The Mohawk Florence has a
block of ground adjoining the Little
Florence on the west, generally known
as the Robinson e. Vickers lease. This
block has double compartment shaft
equipped with 25-horse power hosting
outfit This shaft is $50 feet deep and
crosscuts to within 100 feet of the Little
Florence drift. at point about 65 feet
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-04-20

Abner Enoch and F. p. Gable of Pitts
burgh, president and treasurer of the
Frances Group Mining company have
been in Goldfield for the past few weeks
arranging for starting work on their
property as soon as the labor trouble Is
settled. In the meantime they have
erected an Office building on the ground
and have arranged for boarding house
and blacksmith shop.
The Frances Group embraces 81
acres situated three miles directly east
of town and has splendid outcrops, be-
ing almost a complete network of veins.
The preliminary report of the U. s.
geological survey gives that section OF
the camp great boost regarding it as
the most favorable surface showing
in the district.
There are two shafts on the property
one 100 feet deep and the other SO feet
and considerable trenching has been
done. The company will install COM
plete plant consisting of an electric
hoist, compressor. air drills. etc., and
will open up the mine in the most ap-
proved manner.