The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-14
Continued from Page 81
A POOR MANS CAMP.


A POOR MANS CAMP.
Rawhide is essentially a leaser 8
camp, and nearly all the mining going
on there is by leasers. The men who
went into the camp, as is usually
the case, were not men of means, and
were unable to develop their ground. 1t
became necessary to lease the ground to
whoever would work it. There was no
treble getting leasers to take hold. The
surface was so rich and the gold so
prevalent that leasers had promise of
pay from the start. Leasers covered
Mcleod or Hooligan hill first, where
the Miller strike was made. hen Bal
loon hill was in demand, then Grutt,
etc. Leasers were generously delt with,
much more so than in Goldfeld. They
were given good sized blocks for long
terms at reasonable royalties. The
smallest blocks were 300x300 feet. Very
few leases read one year; most of them
Is months and two years, and still
others reading three years. Royalties
run from Is per cent on ore running up
to $40 and 20 per cent above. The
owners do not exact the m~ultifarious
conditions as to amount n character
of work to be done, and they were very
liberal in the number of shifts to keep
the leases alive. In fact the liberality
of the Grutt boys and others, is what
is making the camp. They give the
leaser about what he wants. Some OF
the companies have leased out every
foot of ground they own. The whole
of Murray, Grutt, Balloon, Last Chance,
" - IA D., Dnu htllo 10 laacad
and the leases are selling at a premium
ranging from $4,000 to $4,000. In
fact as big as $4,000 and $4,000 was
being offered for certain leases on
Mcleod hill while l was there. One OF
the Kearns leases on Balloon hill sold
for $35, 900, the Murray lease sold fol
81, 900 and couldn't be bought now
for $50, 900. Leasers on Grutt hill can
get any kind of price they will take
ORGANIZING COMPANIES.
Not many sales of leases and claims
are made for ready money. OF course
a part of the consideration is paid in
cash, but the buyer, in taking over a
lease or claim agrees to organize a
company. He pays so much cash and
so much in stock of the company or
ganized, with the stipulation, often,
that so much of the sellers stock shall
be sold by the buyer, to net him, to-
gether with the cash payment, the full
amount of the purchase price. For in
stance, A. c. Minter bought the Muir
ray lease for $4,000. He stocked it,
and sold enough stock to pay for the
lease and put $45, 900 into the treasury,
He then bought the l. x. l.. group of
claims for $4,000 and put it into the
80 acres all told. He was
afterward offered 100000 for 80 acres.
There are 28 sets of leasers on the
ground. The Grutt boys formed the
Grutt leasing company to operate
leases on Grutt hill and other ground
They sold $4,000 worth of stock the
day they opened the books. This shows
how "crazy" the people are. Every
one gets "bug-house" after he has
been around the camp any length of
time, for he sees gold everywhere and
new strikes are being made daily. He
hears stories of riches and wealth that
to the uninoculated tenderfoot are like
ridiculous lies not told to be believed,
But many of them are facts. For in
stance, Tom Acorn, one of the best
mining men of Butte was in camp when
l was there. A Rawhide boomer said
to me: "Do you see that mani Well.
that's Tom Acorn
| oueried, "wonder what he thinks
of Rawhide."
OFFERS $4,000 FOR 8 HOURS HIGH
GRADING.
"I1l tell you what he thinks. He
offered a certified check for $4,000
indorsed by some of the best known
men of Rawhide if the owners of one
of the Grutt leases on Grutt hill would
allow him to go onto the lease and
work five men for 10 hours. He had
his men picked and had agreed to give
them 800 each for their 10 hours
"winked the other eye' and
turned away. $4,000 for the privilege
of working five men 10 hours on a biz
of ground, didn't sound good to me
j. W.. Daily, associated with the
Grutt boys, and their Office man was
in Goldfeld the other day and called
at the office. 1 la%ughingly told hin
the story and imagine my amazement
when he replied: "That story is true
| know it is, for / was the man to whom
the offer was made and the check wal
laid upon my table. The only thing
wrong with it was that the men were
to work only 8 hours, the regular Raw
hide shift, instead of 10 hours, and the
men were to get $50 instead of 500
for their work. I declined the offel
for the Grutt boys. 1t was only a day
or two later, that two men working
on this lease, took out seven sacks o.
ore worth $4,000"
GEOLOGY OF THE DISTRICT.
The Rawhide district is distinctly
porphyry and rhyolite formation. Tn
geology of the camp is not hard t
read. Balloon hill is a reticulated mas
of breciated quartz. Erosion has TAX
en- place so that the ribs of the hi
are laid bare and the rock is at tn
surface. It's a big white hill fairly
network of interlacing veins and seaml
The rhyolite, which is a later formation
comes up through the porphyry, mai
ing a contact on the east and Yves
side. This contact runs the flu. lengt
of Balloon hill. The Kearns leases an