Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-02-29

That Tonopah is interested in the
mines Of Rawhide. bias not been bet
ter shown than in the recent sale
here of 100000 shares of the Royal
Coachman stock, which was effected
In a few days by E. c. Simpson, one
of the owners Of the property. He
has gone back to Rawhide with the
proceeds Of the sale, which are to aid
In the development Of the property.
lust before his arrival here came the
announcement that there had been a
big strike on the Royal Coachman,
and this was verified by people com
ing here from the camp
The Royal Coachman Is in the
country of the Royal Tiger, the stock
OF which Is now being sold for fifty
cents a share, and which was origin
ally sold in this camp. Adjoining
the Royal Tiger claim is the Nevada
King claim OF the Nevada King
EiNupi hhu Nhc Sdl1c Nldih euullHeS
the Royal Coachman. This is the
property which vas recently bought
by w. w. Booth and other Tonopah
parties. On the Royal claim is one
Of the biggest leases of the camp,
which was bought by Colorado par
ties for s25. 900. Since that time a
most wonderful showing has been
made on the lease, which is being
worked for all II is worth.
The Rawhide Rustler. which is the
pioneer paper OF the camp, and
which has heretofore been printed at
Nina, is now being published In Raw
hide, the first issue having made its
appearance this week. There will be
in addition to the weekly, a frst-elass
Daily Rustler. The letter press ana
the advertising columns of the Rust
Ter will give a pretty good idea OF
how things are going in the new gold
field.
A stock exchange is being ~organia-
ed In Rawhide, which it is said will
be In operation within the next thirty
days. There will be another tele-
graph line into the camp within 3
few days. and transmission of mes
sages to the outside world will be
much cheaper and the camp will be in
direct wire communication with
Reno, San Francisco and the rest OF
the world.
Reports reach here that there are
On an average OF 100 people a dav
going in there. This looks like draw
ing the long bow, but when one stops
10 consider that there are four auto
mobiles going in from Schurz. two
from Nina, and several from Fallon,
It is easy to count up one hundred
passengers. The majority of these
people have money, or they would
not be making quick trips in auto.
mobiles.
San Francisco has become inter.
ested in the camp, and the newspa-
pers OF that city are giving FIRST page
stories of the wonders that are un.
folded. 1t will be only a matter OF
time when they Will be handling the
stocks of the camp on the San Fran
cisco stock exchange. Los Angeles
too, is looking toward the boom
camp, and il is possible tbat there
may be some OF the securities listed
In that city.
The Murray lease. owned by the
Nevada Reduction and Mining Com
pany, Is proving one of the bonanzas
Of the camp. They ~ down on this
property for r depth OF more thar
100 feet. and they are getting out
ore, the majority Of the values being
In gold, which goes over $500 a ton
In addition TO this there il a biz
body Of milling ore in sight. which
Will assay clear across the face q
thirty feet, $3.50 a ton.
Harry Macmillan or Goldheld Il
another mining mar who has become
an enthusiast owe the camp as a re
suit OF a visit. He was in there a
the same time with Charles q. Gates
son OF John w. Gates OF New York
ar. Gates expressed himself as yer,
much pleased with the camp. and will
return there from the coast.
DR.. Miller, who is conducting NJ
auto line from Schurz into Rawhide