The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-08-31

Manhattan. New. Aug. 2s.-Apathetic
conditions here have been super
seeded by q more active market and all
classes of business are auickening 10 the
demand The transition IL attributable
to q single csuse-a general revival in
n mining industry. While the condi-
tons are synchronous they are yet
of a paradox as mine develop
OF an extensive scale has been in
vogue for a sixmonth. and concurrentiy.
until very recently. general trade has
been on the wane. However. the aver
age Manhattanste possesses an adapta-
biIity sufncient for his needs. and he
therefor accepts the agreeable change In
his fortunes with the same equanimity
with which he searched the financial
horizon for the rift in the clouds during
the stringent period Of business depres-
sion.
The merchants report a decided SWELL
ing In their daily receipts. both in mine
supply, general hardware and provision
departments. and incline to the belief
that the era Of permanent prosperity has
arrived. Manhattan brokers announce a
pre~ponderance OF buying orders In lieu
of the incessant demand of clients that
accounts be closed out. They anticipate
a decided upward trend in the price OF
Manhattan mining shares within a
month and are preparing to reap a hnan-
cial harvest for themselves and CUSTOM
ers by investing heavily in mining Sc
at prevailing low prices
Inside mining property is again In
demand and. as a rule. Is being offered
at a price commensurate with its Known,
or prospective value. Owners of mining
realty as a class are no longer afflicted
with obsession and other brainstorm
phenomena and now that their intellects
are working normally can be approached
on the matter of sale without danger OF
bringing on an attack of inflated value
hysteria. A number of important deals
involving the transfer Of aoriferous
acreage are now pending. not the least
OF which is the Westheimer tende Tor
the wolftone mine and his tentative OF
fer for Gold Wedge n Little Grey
acreages, detailed mention of which was
in these dispatches of recent date.
Rumors Of important mergers OF min
ing companies interests are also ABROAD
and in certain instances are evidently
based on more substantial ground man
the mischievous dame usually seeks be-
fore finging wide the lid of her Pandora
box Of h~it-and-miss Information I. b.
Hickey, president of the reorganized
Sullivan Trust company of Goldheld. Is
authority for the statement that plans
are afoot for the grouping of a large
acreage on Gold Hill. including the
stray Dog, Jumping Jack. As-You-Like-
II. Indian Camp-Sullivan Trust hold
ings-whale, Verdi. Gold Wedge and
Big Four estates. the same to pass into
the possession of a singl holding COM
pany and under the management OF a
single directorate. The Westheimer
project contemplates the merging OF the
Gold Wedge. Little Grey and Woiftone
properties.
From statements secured from mine
managers and other reliable sources
your correspondent Is in position to esti-
mate the number Of miners employed
within the confines of the Manhattan
mining district at 800. As the average
wage scale for mine employees Is 80 per
shift. 1t will be seen that their aggre-
gate wage per day amounts to the tidy
sum of 81, 500, or a total monthly wage
of $4,000. Now. this is the monthly
nav roll of the miners alone. to which
should be added in summing up the
monthly account at the various mines
and prospects the monetary outlay Tor
powder, fuse. cap steel. mber hard
ware. fuel and other material necessary
for the proper development and blocking
out Of ore bodies.
These items practically cover the
mine expense account, but to gain a
comprehensive idea of the gross month
Nv expediture In the camp one must OF
necessity d thereto the aggregate
monthly wage of carpenters. plumbers,
electricians and other skilled craftsmen;
mercantile clerks. bank clerks, broker
clerks and / k employees. who in min
ing camps are paid decent. respectable
salaries; cooks, walters. barkeepers'
gamblers and the followers of all the
multifarious occupations which modern
civilization demands in order thai II
NAV get all that is coming. All OF
.base people have to be housed, fed and
clothed, and as they are a pretty loyal
little family most OF their money Is
spent in Manhattan. considerably less
than a 1.-THE finding its way to the large
mercantile centers through the COM
bined mediums Of business house cata-
logue and wells-Fargo Express order.
One OF the most noticeable features
in connection with the undermining OF
Manhattan--if the word modernizins IS
permissible in writing of a camp put
two years of age-is the rapidity with
which tent domiciles and stores are CIV
ing place to substantial wooden struc-
lures. Signs of the builders are every
where In evidence, along Main and inter-