davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
ANOTHER EXPERT VIEW.


JeineN y. Piynn, iormetiE nlno ~,
perintenuchl or INC oin ,u, 80 ,.
MohaWk MINES OF 'toldlleu; H"S i w.
uie i"iioWlhg report on tue tr" ,l'
mn portion OF the dlstrict' nav
spent tnfee days IN n'uN'hg nv,
tno,uugh ana complete SSt'i,'.'''lut ~
haliooh hlll. ana amy douols ertv
'alhvd OF It's containing lniihuns " w
precious metal nave oeen @ ~,
SQUAT on the mn are tne nl.hpiE I've
,,oHS Known aS lne pauuou' 1000, $500
.raction, trey Eagle rr',SI'V ~, N''sv w,
no, !, biauase ana Noitl i,ose, az ~,
Grey Eagle fracll9n ~ miusr 1--WE. u,
~ ehtlrety 10 the oIeS r.aslu = '"Vs sr,,i
Mlnhe ana Leas'ne Volt ,.',.s, 49,,
Mascot NO Is as Eet uninvo'p inse'i'
Inc saloon clalm. .ne D" ,t',, 10, ~
ton, inc Dltoase hnu we -, , ,,0se
are tne properly o. 'He na " ,, 80.
MINES company Inc ~ 'i'I ,'l'1, -
pnyry ana rhyo,,,e' ne s my s Vil,p y. r. !"
laige lhlruslNe ulhe uu '3 Nj NJ, NJ, ,,,,
ruiliRhB patailel WIN WIN wy M ~, -.
la1tv WIN 'le pul p'l! , 'm ~ oas.s
slue-ls pelns prospeoi,eu W n.. a,.'. 10,
among tue .hoSt a r,, ~ a.. ~
me Grey Eagie fracSion, a.lu vs.
henrns NO hearhs ~. =. ~ ,,s'S,,..,,,
psllvle' 81; ives anu M - t SuoaM "a
on, me Sallooi ava ballooil r.aS,,p ~,
Ai OF THESE leases nave !eI', ''. n ,e,,,u
snoW'nss TOT lhe a,i,ouht 81 W. uo ,,,,o
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
STRIKES OF DAILY OCCURRENCE

In addition 10 these great strikes re-
marltablc discoveries are being made
daily OH adjoining and neighhorlng
properties. notably the Murray lease. on
the estate of the Rawhide Consolidated
Mines company: the Gray Eagle Frac-
ton. adjoining the kearns No. ON the
northeast; the Grutt, Proskcy and Lun-
ing leases on the Wild West claim of
the Rawhide Coalition Mines company;
the Miller. De Armand and other leases
on Hooligan Hlll, within the estate OF
the Rawhide Coalition; the Litigator
claim of the Rawhida Balloon Hill Min
ing company, the Ogilvie- Reynolds aud
Nat. C. Goodwin leases Oh the Balloon
claim Of the Rawhide Queen, aud other
properties in the vicinity.
In the western section of the district.
nearly three miles from the town of
Rawhide, several important strikes
weeks, indicating that that part of the
district contains several promising
properties The Royal and Tiger Bull
whacoar and Steinheimer, situated in
that locality. have opened UP shipping
ore at a depth varying from % to 50
feet. the strike in the Royal on the CO.
foot level having disclosed ore running
as high as $1,000 a ton.
In short, the developments through
out the dlSliictu ullnS Ifst past lOrt-
night have fully verified the predictions
made IN the last issue of this Fort
nightly Market Review and placed
Rawhide among the great gold camps
of the world
All the big operators In The country
now haze their representatives on the
ground making examinations OF the
principal properties. ana number of
important deals have already been con-
summated. Prices of inside properties
are going up by leaps and bounds, and
claims representing outside territory,
which could have been bought for few
thousand dollars two weeks ago. can
not be touched for less than $50. 600 to-
day. Eugene Grutt and associates. who
own the Grey Eagle Fraction, which
adjoins the Balloon claim and the Bal
loon Fraction of the Rawhide Queen
Mines company on the northeast. and is
under lease to the Grey Eagle Fraction
Mining & Leasing company. have re-
fused 100000 for that piece of ground.
which contains less than eight acres. T..
W. King, president of the Rawhde
Queen Mines company. who owns 80
per cent of the stock of that corpora
ton, which is capitalized for 100000
shares. has just refused 81 n share for
his holdings, and he says that he would
not for a moment consider an offer of
less than 81 a share. Many leases that
are still IN the prospect stage have
changed hands during the past two
weeks at prices ranging from $4,000 TO
$4,000
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
PERMANENCY OF ORE BODIES.

In discussing the question of the
nermanency of the ore depsits on Bal
loon lin, President King said:
When ! first visited the district last
October, one of the features that led
me to believe that the ore deposits
would prove TO be permanent is that
all the evidences point to the deposit
ton of the gold having been made by
ascending solutions and that the
naturalization is therefore apt TO be
strong for many feet i'm depth. In
fact would not be surprised to see the
values continue to depth of 1000 or
5000 feet. II very often happens in a
lime formation, such as we have in
Montana. where the lime has been
tilted by eruptive rocks, that the gold
bearing solutions have cons up
through the eruptlve rocks and flown
downward through the strata OF lime
and deposited their gold values at
comparatively shallow depth. That was
my experience in Montana, particularly
IN the Gilt Edge and Barnes-I<ins
mines.
Another thing that strengthens my
belief that the ore deposits of the camp
so TO Il great depth is the prevalence of
silver values. Nearly all collaborating
solutions carry more or less silver, and
that is generally deposited farther
down in the veins; so that the pres
ence of silver is always a good indica-
ton OF permanency. The ores ON the
Comstock carried a large percentage or
silver, and the depth TO which those
mines could be profitably worked was
limited only by the high temperature
which prevails on the lower levels. The
Gilt Edge and Barnes King mines arc
In lime formation. and they were
pockety and gradually 'petered out at
"a comparatively shallow depth. We did
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
EXPERIENCE IN MONTANA.

During my experience In Montana
have been able to mine and mill ores
for as low as 81 u ton, but the veins
IN Rawhlde being narrower than the
largo deposits in lime in Montana. the
cost would be much greater. The
higher cost of labor and power and
the cost OF water would also add to
the expense. But there Is no reason
why the ores of Rawhidc cannot be
mined and inilIed at Il cost not to eS-
coed 50 or So a ton. while In eScep-
tion0l cases, such as those of tho
Kearns and Ogilvie- Reynolds leases.
they can be treated for SO or 81
ton. This would bring to the stamps
an almost unlimited tonnage of low
grade ore that could he handled at q
profit
several outside parties have as
sured me that they will erect a large
custom mill i'm the camp within a
short time, and the company is await
ing their decision. II actual construc
ton work Is not begun by some one
within the next twenty days, the COM
pany Will at once begin the erection
of a mill of sufficient capacity to treat
all the ores from its mines"
MIR. Kings experience in managing
some of the best gold mines in Mon
tana has peculiarly fitted him for solv-
ing the problem of econmically reduc-
ing the ores of the new cempy. His
first great success was putting the
GILT Edge mine, situated in Fergus
county, Mont, on q dividend paying
basis. Several companies had operated
the property, but In every instance
When Mr. King took charge of the
mine the cyanide process of extracting
gold from refractory ores was in its
infancy. by the method in use Mt the
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
RAWHIDE QUEEN MINES COM.
PANY.

The Rawhide queen Mines company.
whose ground is centrally located on
Balloon Hill, is Incorporated for 1000,
600 shares of par value of 81 each, or
which 100000 shares are retained in
the treasury for development purposes
The officers of the corporation, which
was the first holdign company organ
lied in the district, are II. w. King,
president; j. II. Barrett, vice president;
William Lane. secretary, and ID, "
Snowgoosc, treasurer. The property
conaists of three full claims and thtee
Fractions, viz: the Balloon, March Rose
and Diabase claims and the Balloon
Fraction and two small fractions not
yet named. The estate contains G5
acres, situated sduarely ON Balloon Hill.
with the exception of small area on
the extreme north end. a controlling
interest in the property was taken over
ON January | OF the present year by -.
W. King, the well known banker and
mine-ownor Of Montana, MI King has
been operating i'm Montana for nearly
20 years, being tho moving spirit in tho
Gilt Edge Mining company, the Great
Northern Development company. tho
Barnes King Mining company, the
Kendall Mining company and the Alder
Guloh Mining company. He built three
large mills In Montana ana has many
mining interests throughout the north
west IN bQulllnn Ia iloac mentioned.
MI, Kings control produced more than
half the gold output OF Montana, and
hu Ia considered one Of the most emf
nent authorities on gold mining In the
west. lie is speaker OF the house
In the Montana legislature ana former
president Of the Montana Society Of
Mining Engineers. A little over four
months ago Kings attention was called
20 Rnwhde by G. q. Walker, pioneer
Of the camp. and he came down from
Montana and paid a visit 90 the new
district. After few days Inspection
OF mo camp ana its properties no
bought some stock In the Ruby Silver
Mining company, which was operating
n lease on the Balloon claim now
owned by the Rawhlde Queen Miues
company, lie learned that j. IL. Barrett
and ID. Y. Snowgouse had bond on ali
OF Balloon Hin and that they had re-
bonded 1t 20 ilinciley a. Harris Of Reno
for 100000 lie then came TO Reno and
bought nineteenth interest ia The
bond from HinclSley q llarrlsand when
the payments came due he made them
and organizod the Rawhlde Queen
Mines company. Four well defined
ledges have been opened up ON the
I,aWhide Queen estate. ana an OF these
have been traced into the property OF
the Rawhide Balloon Hi Mining com
pany which adjoins the Rawhide Queen
on the north and east. There are
tweity-one ~ oriing leases on the os-
tate OF the Rawhidc Queen Mines COM
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
RAWHIDE MINES
AND PROSPECTS

wy proceed to a review OF the i'm
w portant mining companies of
Rawhide that own inside ground on or
surrounding or situated between Bal
loon Hill, Grutt Hill, Hooligan Hill,
silver King Hill and Murray Hill,
which mark the center of activity. In
doing so. we bear in mind the mistakes
and shortcomings OF camp boomers and
minng-stock promoters of the Green
water type and of other districts that
have been overboomed to the cost and
heavy loss of investors. In this con-
nection 1t should be pointed out that
Green water was the outgrowth of
conspiracy Matched up in the cafe of
the Waldorf Astoria in New York, and
that the securities OF that camp were
manufactured to feed a growing de-
mand for mining stocks that grew out
of the tremendous boom that was
brought about by the merger of various
Goldfeld producers in the Goldfeld
Consolidated There is nothing IMAM
ufactured" about Rawhide. The camp
has grown despite depressed financial
conditions throughout the country, and
ore discoveries alone are responsible
for It. Indeed. but for the fact that
the strikes Of high-grade made in
Rawhide have been Of such tremendous
significance, the boom would have been
throttled in it's infancy by the alb
sence of buying power for securities
OF the average variety, which for
months has been evidenced throughout
the country, and Rawhidc would have
died still-hnrn.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
KEARNS ON WATER AND MILLS

Thomas keaIns owner OF the famous
kearns leases at Rawhiae, was in Reno
Monday. on his way back to the great
gold camp from San Francisco, where
he spent week or ten days perfecting
plans for the installation of water
works and electric lighting system and
the erection of a stamp mill at Raw
hide. In talking of his plans Mr..
Kearns said: Some time ago decided
TO erect a 200-ton plant at Rawhide to
reduce the ores from the Kearns leases,
ana the first problem that confronted
me was the development OF water
supply | sunk n well In the fiat. about
six miles below the camp of Rawhide,
aud was gratified TO find that 1 could
develop AN inexhaustible supply of
water at depth OF fifty or sixty feet.
then conceived the idea of putting in
a water system and electric lighting
plant for the camp, and my engineers
have been working for several weeks
on the plans, making preliminary SUR
yeys, etc. AS a result OF their work l
have formed company and have raised
Sl35OOO cash, the sum estimated to be
necessary 70 carry out the project. We
VIII put In pumping plant of suffi-
Client capacity 10 supply a town OF TO-
600 people and operate 200 stamps. We
expect to have the pipe laid within
the next sixty days, and IL there Is no
uneNgsCled delay we VIII have water
running In the streets of Rawhi-r
Wlthinin three months We are con
structlng two reservoirs ON the top OF
Balloon iiill, which viii give sufficient
pressure TO afford perfect fire protec-
ton. We intend TO put In a 200 ton
reduction plant at the foot OF Balloon
lin To handle the ores from the
kearns leases, and this work win
be started I'm ample time 10 have the
plant IN commission by the time the
water system is Installed"
w. T.. DevereduN, N. Of w. n, Dever-
eauX x Sons, New York. mining engi-
pcers and extensive mine owners In
california, Mexico and Panama the on-
gineers Of u. II. Hartman, has made
critical ana extensive examination OF
the properties in Rnwhide.
II ana prepared 10 say he SAID, mat
| never SAW such remarkable show
Ing Of gold over such a large area IN
my life aH that revealed In n tour over
these hills II any one should tell me
that there would not be NJ least half
dozen biz mines In this district !
would tell him he was crazy ! went
down the shaft Of Kcarns No, lease
nn Balloon lin. the ground Of the Raw
hide Queen Mines company, and they
have two feet ten inches of orc that
win rom between $4,000 and $4,000 TO the
ton. nine feet of shipping one ana an
indenhite amount OF milling ore.
have not taken any ones word for the
values represented but made nuns
Der OF tests personally, ana my opln-
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
RAWHIDE COALITION MINES
COMPANY.

This company owns n vast es'aN
which covers moro of the choice ~
side area of the close-in part OF W
Rawhide district than any other ~
companies. The acreage is neaig
three times as large as thar oi .
Rnwhide Queen. which IS ltsclI "
estate. The property consists OF es-
claims and three fractions or IVY
acres in all. II Is q compact g4o3
and embraces all of the gronna
Hooligan Cor McLeod) Hin, a par, y
Balloon iQll, nearly half Of Grant w
all OF silver King H5ll and ali OF us
townsite ground, and may BE- salo
be the heart of the bonanza portion \
Tho district. The names OF an W
Conditions claims ara as follows w
silver King Nos. /, and g cues
Happy Hoolignn, Happy Day SuiipeI.
aud wild West claims and tae ssng.
King Annex, wild West aud SUI
Slice fractions. All of the claims o.-
fractions are prior locations. ana o' ,,s
prise an estate Approximately ~,
feet wide by 1900 feet long p, sS,
more than half mile square
estate adjoins all of the propclg
that have so far produced the SEM
lions of the cnmp. Adjoining Y,
the north are the Grutt Fraction "A,
The Mascot claim, on the east are ua
balloon claim of the Rawhldo wv
Mines company ana the Grey ~
Fraction, two bonanZas ana on "a.
cast and south ~ the noted i'aN" IS,
claim, tho original location
camp. Eugene Grutt, the big plou''
operator of tho G,strict, VINO OWL
heavy interest IN the Mascot o,
Grutt Fraction, Grey Eagle plN',',
and Rawhide claim, announce
under no consideration Wi nc
nose of his holdings I'm these b,,
properties. Other noted pfopu
that surround the vast mineral ere
OF the Rawhido Coalition Mines ooal
many are the lioseberry knWhlas az" .ca
the Hoodlum group; the Last SnpF
claim, which recently furnished u 'ei.
sensation. only 400 feet from tup
yer King AnnoN and The Eiea' ~
hide Consolidated estate, when " I'm
400 feet away. There IN not lhst
OF claims In tho heart OF tho osihp iaoi
does not either adJoin inc Iuu,' vi
group or lie within few linlihlp lu,llbs
OF H. There are forty-nishl Mv'.eids
Leases IN the estate pi ti' l,.nl,.
Coalition Mines company ana tht,rii,.
one Of these are already pfsip,, NJ
hlgh -grado orc. Among the p0ss IN
the latter Is lie noted Lease ~" as
tho Happy Hooligan claim kl,ue kca
the Miller Lease. II was roctiuS ,f.ihs
over by Thomas keagas owner ~ I'M.
famous kearns leases on l5ehoo" ,p.s
and three shifts OF five men tSol ,.enp
immediately put 10 work OF sl's n.
ety. lie began cross-eutuhs s,,les
sixty-hve-foot Level 20 pSsa
the width Of the ron
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14

Reno CNev), March G, 1905
~ INcE our last Formishtly Mar
@ ket Review was issued the
camp of Rawhide has more
than doubled its population and
the camp now contains more than sooo
people. The rush to the district is in
oreaging in volume hourly and the new
corners are pouring into the district "'
the rate OF $50 or 200 day.
Many sensational strikes have been
made during the past fortnight, sew
eral of them disclosing at depth
varying from 60 TO 1875 feet large
bodies of high grade ore that exceed
IN size and values any previous DIS
coveries in the state.
The developments TO date fully sub
stantiate the prediction made in the
last issue of this Market Review mat
Rawhide is developing INTO the great
est gold camp in the United States.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
IRA w HIDE
ANALYTIC REVIEW OF
MINES AND SECURITIES
OF GREAT GOLD CAMP
Expert Opinion Based on Thorough Elk
animation of District and Inquiry
Into interpretations.
EARLY PRODUCTION ASTONISHING

Rawhide Proving Its Right to an Eminence in the
World of Gold Mining Geology of the Dis
trict Assures Permanently to Fabulously Rich
Ore Bodies-No Milling Problems Ores Are
Not Refractory Camps Important Mining
Securities Which Represent Inside" Proper
ties With Queen, Coalition, Grey Eagle
Fraction, Ballon Hill, Mascot and Other
Offerings.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14

estate, consisting of 90 acres practi-
cany covering the center of Balloon
Hill, and including the Balloon, March
Rose and Diabase claims and the Bal
loon Fraction. This company is incor-
porated for 100000 shares of par
value of 81 each; 100000 shares are
in the company's treasury.
Rawbldc Coalition Mines Company's
holdings, embracing eight claims and
there fractions, or little more than
100 acres. covering large part of Bal
loon Hill. Grutt Hin. Murray Hill all
of ETooligan Hill, all of Silver-King
Hill and all of the townsite. The conf
pany is incorporated for 100000
shares of par value of 81 each; 75o,.
600 shares are in the treasury.
Grey Eagle Fraction, which has been
leased in its entirety for two years TO
the Grey Eagle Fraction Mining and
Leasing Company, which has just been
| Incorporated with a capitalization of
| 1000, 900 shares; $4,000 shares are in
the compaDy's treasury. This fraction
which contains about eight acres, is
probably the most valuable piece of
ground of its size in the district. 1t
adjoins the Balloon claim and the Bal
loon Fraction of the Rawhide Queen
Mines Company on the northeast, and
has the extension of the great Kearns
No. vein opened up on the Balloon
Fraction. next door. 1t is bordered ON
. cid IN Ia
claim and by the ground of the Raw
hide Coalition Mines company.
Mascot and Mascot No. claims. not
yet Incorporated.
Gru,t Fraction, adjoining the Silver
King Annex claim of this Rawhide CO.
alition Mines company.
Rawhide Consolidated Mines Com
pany's estate of eight claims and four
fractions, Incorporated for 1000, 600
shares of par value of 81. The MUIR
ray lease, one OF the big bonanzas OF
the district, is situated on the Bald
Hornet claim of this estate.
Rawhidc Balloon Hin Mining com
pany's estate, consisting Of 65 acres
and including the Litigator, CONNER
cial and Commodore claims and the
Litigator Fraction. This company is
incorporated for 1000, 600 shares of a
par value of 81. The Kearns No. 1
vein passes through the Litigator claim
and the Pike and Howard veins OF the
Rawhide Queen Mines company extend
| through the Commercial and Commo-
dore claims Of this company.
Rawhidc claim, the original location
of the district, not yet Incorporated.
Roscbcry Rawhde Mining compa-
ny, of ninety-seven acres, situated be-
| tween Rawhide Consolidated and Coal
ition ground on the south. Inoorpor-
ated for 1.25O,OOO shares. of which
100000 shares are in the treasury.
Rawhidc Combination Mining COM
| pnny owning the Last Chance claim.
ALL OF THEM HAVE ORE.
On every claim IN this aggregated
area, ore ranging from good milling
| grade to sensauonally rich shipping
value has been developed. II is, in our
opinion the most valuable mineral tor
ritory of It's acreage Ia the world.
Kearns Lense No, ., ON the Balloon
, claim of the Rawhide Queen Mines
company has just opened up a body of
phenomenally rich ore which places
that piece Of ground in the front rank
OF ,he great bonanzas OF history. on
| the sixty-five-foot level the vein has
|
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14

Union of the properties can best be eN-
pressed by the statement that ] am
willing to put my money into the camp.
The distribution oe the gold deposit IS
not limited to one or two lodges. Any
where IN the mineral belt man has
chance In mike moneVr
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14
PROCESS OF REPLACEMENT.

we now come to the third process,
and really the one which IL destined
10 make Rawhide famous, and that ls
the process of replacement strange
metasomutic trick OF nature by which
the worthless foldspars arc replaced
by silica, gold and silver. Tho replace
ment process Is clearly demonstrible
in the keams, Murray Grutt and other
leases. II Is "a hurblnger OF glad tid-
ings TO those IN Rawhde and to those
who are to go there for II means big
ore bodies and q big camp.
The other features of the district,
from geological standpoint. are all
extremely favorable To It's future. Dixie,
Of basalt ana dacto may be seen crop
ping here and there most OF them run
ming IN a northorly and southery
direction, and, as rule. cutting
through the country rock at nearly a
right angle to the main axis OF strait
ncation
The center OF mining activity liz on
and around Balloon Hin, Grutt Mn
Murray I'M aud Hooligan COR McLeod)
AIN. THESE four hills adjoin ono
another and compose the backbone OF
the district
The properties embraced in this "in-
SIDE territory are the following;
isawhido Queen Mines Company 5
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-14

Kept dropping day and night on the
present Development in the leases 1
have just named.