Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1908-01-16
FAIRVIEW IS
BONANZA CAMP

COuul9, Nef., is paying 9oUO,UOU IN
dividends per annum, is giving the
railroads $4,000 a year for ore
haulage and in 1908 will produce 100
tons of ore daily, averaging SIS to
the ton.
That is the Nevada Hills. Its ad-
joining neighbor, the Fairview Eagle,
controlled by George Wingfield.
promises before the end of the COM
ing year to reach status on a par
with the Nevada Hills. Fairview
Aztec endlines the Eagle and has
proved the extension of the vein sys-
TEN. Fairview Hailstone and Eagles
Nest, next in geographic line, give
evidence of becoming next also in
production. Dromedary Hump, Col
den Boulder, Nevada Fairview, CHM
ak, Hot Onion, Rock Bed, and a score
of other prospects appear to require
only depth for entry into the shipping
list.
Fairview district has accomplished
this much in less than two years.
The first pick was struck into the
ground of that camp early in 1906,
the initial stampede having occurred
in February. The district is within
forty-two miles of Fallon, whittier
branch of the Southern Pacific rail-
way was built for Fairview traffic,
and before the passing of another
twelve months it will be the terminus
either of this line, to be extended by
the Southern Pacific, if it hurries, or
a road projected by the Nevada Hills
on its own account.
The Southern Pacific's survey from
Fallon to Fairview and Wonder was
completed nine months ago, the cost
of the extension being estimated at
about 100000. 1t was promised
that the road would be ready for
service in October of this year. There
came no fulfillment, and the Nevada
Hills mine, its Slopes and bins glutted
and its directorate impatient at de-
lay, has virtually determined to con-
struct broad-gauge outlet of it's
own. In executing such plans there
arises no question of raising funds
by bond issue or otherwise. The
cash is in the treasury. The great
shipper is now merely waiting to as
certain whether the Southern Pacific
will redeem it's pledge and whether
the advantageous exit of Fairview
ores would be via that route or the
Western Pacific. In any event, a
railroad will run to Fairview before
1909.
Meanwhile the Fairview Electric
Railway & Power Company will put
in a trolley from the city to the pro-
ducing diggings Lighting of the
town and the mines is one of the OBJ
jects of the enterprise, headed by
E. D. Lidstone and backed by local
and San Francisco capital
Contracts granted by the govern
ment give Fairview water power
equal to 4000-horse power and cap
able of development to much great
er capacity. The supply comes from
a dam across the Carson River near
Fallon, where 10,000-horse power is
available.
The stocks of Fairview have felt
the depression of 1907. less than
those of any other camp in Nevada
No sign of labor troubles has been
in evidence here, where miners took
scrip as wages when such course was
necessitated by the banking policy
adopted. English capital has wax
ened to Fairview's virtues and is TAX
ing strong hand in it's exploitation.
Nature has done much of the sink
ing in Fairview, as is evident on
properties in the eastern section Of
the district, where groupings on such
claims as the Climax correspond to a
depth of 500 feet from the surface
and reveal the same sort of quartz,
taking into account the teaching that
has been in process for centuries.
Fairview is relatively 1000 feet deep
er than Wonder
Nevada Hills is capitalized at :
100000 shares of a par value of IS
each, there being issued 100000
shares, upon which $500, 900 in divi-
dends is being paid annually, a profit
of per cent per annum on the par
value of the stock. Hardly another
mine in all the West has made n
better showing in so brief a perio /
of development.
The two claims that comprise the
eompany's holdings were located In
the early days of the camp by Porlev
I4angdell and sold for $500 in March
of 1905, TO ". II. Clark. James r.
Davis. John I. Hodson. John A..
Kirby. NJ. y Rice and W. II. Web
ster. In June of that wear those mon