davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
-MOHAWK.JUMBO MAKES
UNSATISFACTORY SHOWING

Jumbo. a stock that sold for
sixty-fve cents before the payment OF
it's dividends, sagged this week until it
is nearly off the board. This is despite
the fact that the lease has been ship
ming about one hundred tons of ore a
dav. together with having an alleged
$9l 900 surplus when it resumed work
after the settlement of the apex diff
ficulties.
When asked for an explanation of the
slump. Mr.. Holleran, one OF the promo
ters of the company, replied that the
lease had exhausted its ore lens to the
Mohawk line and that the company IN
vested a portion of it's profits in the
Mohawk-Red Top, another Macmillan
Holleran promotion, and which has not
vet encountered commercial ore.
A number of Mohawk-Jumbo share
holders are dissatisfied with the show
ing and state that there will probably
be an Investigation. Mr.. Holleran says
the company has only $4,000 IN It's
treasury with this months expenses to
meet.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
PROSPECTING ACTIVE IN
VICINITY OF SEARCHLIGHT

CLAYTON and Crittenden, holding a
lease above the 200 level of the New
Years Gift claim of the Duplex group
have encountered a 14-inch streak on
the $50 level that assays $40 to the ton
in gold. The great Importance of this
find is that it shows rich ore so feet
west of the faulting.
Fourteen miles south of here at camp
Thurman the Lloyd Searchlight COM
pany is grading preparatory to the
erecting of a 10-stamp mill. The shaft
is down to 200 feet and several laterals
or drifts have been run exposing ex-
cellent ore which in places is of very
high grade.
In this locality is the Longfellow No.
9 owned by w. w. Williams, who re-
ports finding 800 ore at a depth or 20
feet. In the ore is a very large per-
eentage of silver values.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
MANY PROPERTIES ARE
OPERATING NEAR GOLCONDA

The shaft on the Oswald and Thomp-
son lease on the Kramer hill property
Is now down 125 feet on the vein. The
rock from the bottom of the shaft shows
visible gold. The ledge is large and
hundreds of IONS of milling ore are
blocked out. A gasoline hoist is being
used in sinking.
Ore is being sorted for shipment on
the dump of the Last Chance mine
owned by Siesnop and Roderiek. The
ore is galena carrying high values IN
silver.
CAPTAIN Abilene Case, who is operat-
ing property near Iron Point, is sinking
a shaft on the ledge which shows good
values in gold and silver, principally IN
silver.
The new gasoline hoist at the prop
ertv of the Nevada Crown Mining com
panv in the Gold Run district, the first
TO be installed in the district is now
in operation. 1t was put in under the
su~perintendence of j.. H. Thomas, man
ager of the Goleonda Copper company :
property adjoining. J.. II. Playter is
manager of the Nevada Crown com
pany.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
NEW ACQUISITION OF THE
GOLDFIELD BLUE BELL co

Work on the mill and in the mines at
Berlin, south of Austin, has commenced
under the new owners in great earnest.
When these mines were closed down less
than a year ago all the tracks an |
pumps were removed from the workings
These are rapidly being reinstalled by
General Manager Pearson, who en-
gineered the deal by which the Blue
Bell Mining company of Goldfeld pur-
chased the Berlin mines and mill out
right for cash. As soon as this rein
stallation of machinery and equipment
is completed, miners will be put to stop
ing on known ore shoots and to making
extensions of the workings on various
levels. Meanwhile the 30-stamp mill is
being entirely overhauled under Mr..
Trenneman, who previously had charge
of the mill, and under whose manage
ment So ore was treated at a profit. The
mill is one of the best equipped in the
state and will be running again at full
capacity before the end of the month.
There are now on the dumps ready
for the stamps over 1000 tons of ore.
This will be run Immediately and by
the time it is out of the way, ore from
the mine will be coming to the surface
fast enough to keep the mill running
constantly.
The Berlin mines are among the best
known in the state. While owned by
the Stokes people of New York the mine
Welded something more than one mil
lion dollars.
The deepest workings are at the 800
foot level and when the property is
under full steam, employment will be
given to 200 men.-Austin Reveille.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19

Word has reached Goldfeld that the
Fairview Mizpah Mining company has
just paid off the balance of s4o,ooo re-
naming on the original purchase price
of 1925, 900, and the deed to the com
pany has been placed on record IN the
office of the Churchill county recorder 8
office, the date of the recording being
September Sth, 1908.
The money for the remaining pay
ment was furnished by John J. Me
Donald. Steve Wolschlag, Rudolph
Kneer, ID. j. Kennedy and other stock
holders of the company.
They all visited the Mizpah last week
to see the recent big strike of two feet
of ore that goes better thar $1,000 a
ton. and which lies along side OF a ten
foot body of ore that averaged $Ss.91
as measured and sampled by w. P. Day
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19

of fifty feet west of the shaft, after reaching this point by
devious crosscuts. The crosscut broke into the ore about a
month ago, and, since that time, the company has been
busily engaged in driving on the vein and stopping.
The course of the vein where the ore was found was
nearly east and west, and the values were about s5 per ton.
After driving on the vein for a distance Of about fifty feet,
it took a sharp turn to the south. About three feet Of ship
ping grade had been opened the entire fifty feet, and slopes
opened the ore for forty feet above the level.
From the point where the vein turned to a southerly
course, the values percepsibly increased and the ore body
widened to better than -four feet. After driving in a south.
erly direction for a distance of about 35 feet, the vein sud
denly widened to over nine feet between walls, and every
pound of this nine feet is shipping ore. The drift has been
driven ten feet through the nine foot vein, and in the breast
it is stronger than ever, assaying nearly four ounces just as
broken down, without screening or sorting.
Crosseuts are now being driven from the S00-foot level
to pick up the ore body, and WINES will be sunk from the
173-foot level on the ore to connect with the 300.
At this writing, the company is breaking down and ship.
ping about forty tons of ore per day that will average
about $50 per ton. This will be increased as the ore body
is opened mp and places made for more miners.
To date, the company has shipped 35 tons of ore aver
aging in value from three TO six ounces in gold. A large
electric hoist is now on the ground and will soon be in
stalled, and arrangements are now being made to install
power drills in the workings. The lease has nearly five
months to run.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
ACTIVITY IN EASTERN END
Is CONSTANTLY IMPROVING

With the increasing activity in the
eastern section of the camp there Is
every reason to believe that excellent
values will eventually be
there. The Goldfeld Horseshoe Mining
company, which has been one OF the
most actively developed properties IN
the section, has energetieally been push
inn It's work with a view to crosscut-
ting and interseetiong a large iedge
which runs through its property to the
west of its shaft and it is believed by
mining men that a little patience IS al
that will be required to develop a pro
ducing mine out of this property az
well as others in the immediate viein
ity.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
CONDITIONS OF
EASTERN MARKET
Especial Correspondence

NoPSNh"i
New York, Sept. 13.-It was pointed
out in this colmn last week that the
larger interests in the stock market
would not permit any serious reaction,
but on the contrary would work for the
betterment of prices. 1t was also sug-
gested that holders of Smelters need
fear no serious break in that stock.
The events of the past few days show
the soundness of this conclusion drawn
from an analysis of underlying market
conditions. Shelters has already re-
covered the loss made following the
publication of the company s annual re-
port and the market is several points
higher than it was a week ago.
The manipulation which has been go
ing on in the general stock market for
the past four or five months and the
improvement in security prices result
ing therefrom has been of incalculable
benefit to business and is ~abundantly
justified by the general Improvement in
business conditions. Men who had
borrowed to the breaking point
have been relieved of their loads. 1t is
possible to borrow more money on good
securities and to put that money to con
structive uses. 1t has instilled conf
dence into business men and paved the
way for a general business revival.
The stock markets may be expected
to improve further. There is no present
menace to the situation except the pos
sibility of Bryan's election and this the
financial interests of the country are in
clined to minimize.
In the west there is a growing c%onvic-
ton that Bryan will give Taft a close
race and that he may win. His advo-
cacy of a government guarantee for
national bank depositors is winning him
friends, even among bankers. A con-
siderable number of national bank of
fcials of note favor the adoption of this
policy. Furthermore the country is still
filed with idle and discontinued men
who will vote for a change. Bryan
nav carry some western states that the
Republicans look upon as safe for Taft.
Certain it is that the Taft managers
are awakening to the fact tina they
have a serious fight on their hands
In New York the larger financial in
~terests profess to believe that the cleo
ton Of Bryan would have no bad or
lasting effect ON business. They re-
pard BRYAN as no more of "A reactionary
than Roosevelt and consider him quite
as safe. Bryan is not impulsive as is
the present occupant of the White
House. In the event of his election he
can be counted upon to move more slow
" and to assume a conservatism which
an election to the presidency nearly al
ways gives. The financial and business
interests of the country do not expect
Bryan's election, but they do fear it.
Cumberland Ely is being vigorously
tipped for much higher prices, and VIII
doubtless sell higher, but on any 20 pei
cent rise. holders are advised to take
profits.
The Goldfeid situation remains about
the same. Florence and Goldfieid Con
solidated are purchases for investmen'
and good speculative profits. Gooc
Goldfeld prospects are speculatively
very attractive.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
SEVEN TROUGHS SETTLES
DOWN TO STEADY GAIT

of a new leasing company upon which
operations of considerable Importance
are about to begin. Fred l.. Tyler, who
has been operating what is known as
the Tyler lease for more than a year
has been granted a lease on the Pierce
block by the Therein company and has
made the two blocks the basis of the
Lookout Mining and Milling company,
a corporation with capitalization of
100000 shares with a par value Of 81
per share. The domain is 600x600 feet
In extent and covers ground upon which
there are several very promising ex-
posures of ore.
Extensive Work Planned
A. N. Rice, of Boston, and N. A.
Brown, formerly of New York, the re-
cent purchasers of the Black & Camp
bell lease on the Wild Bull estate in
Wild Horse Canyon, are inaugurating
one Of the most important mining cam
paigns in the history of the district.
With enough capital behind the enter
prise to insure a colossal outlay Of
money, the lease is to be one of the
most active properties in that section
during the remaining term of its life.
win BE Big Producer
As the result Of the visit of President
w. J. Robinson of the Signal Peak Min
ing company to this district and on ac-
count of the splendid condition in which
he found the Signal Peak property,
plans Of colossal magnitude calculated
to transform this property into n OF
the big permanent producers of the dis
trict, have been laid and their early ex-
ecution will materially add to the pros
perity Of the district.
The first big undertaking is the min
ing of FIVE hundred tons of ore and it's
transportation to the Mazuma Hills mill
at Mazuma. As big as this sounds for
a property that is still in its infant
stages of development, it will be done,
if present plans do not fail, within the
present month. Superintendent Meln-
tire has given his assurance to the Sig
nal Peak company through Mr.. Robin
son that this will actually be done on
schedule time as the Wine is simply
dropping into a mountain of ore ana
when stopping begins in a short time
from the drifts that viii be run from a
depth of fifty feet in the winze.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
FAIRVIEW MIZPAH COMPANY
HAS GAINED ITS TITLE

for John j. Mcdonald and other stock
holders.
The company has not offered a single
share of treasury stock to the public
and has none for sale. Regular ship
ping of high grade ore will lei
promptly November lst.
The Steinheimer brothers, Otto and
Frank, formerly operated in Goldfeld,
running an assay office, beside mining.
they made quite a sum of money here,
and when Fairview was first discovered
got in on some excellent locations
which they afterward bonded to the
Fairview Mizpah company, for sl25,o0o.
They have now received the fun pur
chase price, which adds considerably
to their bank account. 1t is understood
that they still own valuable interests
in Rawhide and other camps.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
NEW DISCOVERIES .
AT GOLD CIRCLE
Especial Correspondence

Midas, New, Sept. 17.-One of the
most sensational strikes wei made in
the camp, was made four days ago, on
the Hillside claim, owned by Noble,
Johnson and Stone. A vein was I'M
covered on the surface, eight feet wide,
that averaged SIS with a streak on the
hanging wall, ten inches wide, averag-
ing over $500 in gold. In sinking, the
values have held their own, and the
streak increased in size.
The new tunnel on the Gold Crown is
now in two hundred and thirty-five feet.
The face of the tunnel is in suphide ore
of good milling grade, the values in.
creasing with every shift. Enough ore
is blocked out on this property to jus
tify the installation of a twenty-stamp
mill.
The ore reserves on the Rex mine are
being increased daily, ten thousand tons
of ore, of an average value of $50, now
being in sight. This mine is rapidly be-
coming one of the biggest high grade
milling propositions in the west.
On the st. Paul, drifts are being run
north and south on both levels in ore,
the best showing being on the lower
levels. Over two sacks of ore are ready
for shipment. This ore has been taken
out in the course of development, no
stopping having been done.
The Esmeralda s three leases are now
being operated on this ground, all of
them on the same vein, and all in ore
that goes from twenty to one hundred
dollars. This seems to be one of the
strongest veins in the district, as the
groupings can be traced for nine hun
dred feet.
The Harrington lease on the Golden
Chariot is also looking exceptionally
well, the shaft being down fifty feet on
a three-foot vein, that assays from fifty
to one hundred dollars.
The Williams lease and the Matthews
& Gibson lease on this ground are both
in ore of a fair milling grade.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
Especial Correspondence.)

Rockefeller, Sept. 1.-THE Goldfeld
Double Triangle company is pushing
development work and, from assays just
received, it is evident that the pay
shoot in the lower level from their
working shaft will be cut at an early
date. A strong ledge of blue sulphide
quartz crossing this group has recently
been discovered on claim No. 2. The
shaft that has been started on this
ledge shows it to be FIVE feet between
walls.
Jonn McEtchen, who is backed by .
Spokane company, has a group OF
claims close to Cactus springs. A shaft
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
ROCKEFELLER DISTRICT
BEING STEADILY DEVELOPED

has beer sent to a depth of eighty feet
and considerable lateral work done on
that level 70 cut a strong ~porphyry
dyke that crops close to the shaft.
Good assays are ~obtainable from the
formation.
The Cactus Range Gold Mining COM
pany is pushing operations. A depth of
220 feet has peer obtained. Crosscut-
ting is in progress on the 200-foot level.
A sale of considerable importance to
the district is practically consum-
mated. The Cockings group, one Of the
biggest low grade properties in the
camp. is likely to be taken over by
Pasadena capitalists.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
& TIDEWATER CO.
(Bullfrog-G oldfeld r. b.

TRAIN 10. SOUTHBOUND. Leave
uoldfield, 2:05 p. m; Cuprite, 2:4o p.
a.; Bonnie Clare, 3:19 p. M; Spring
pale, 400 p. m; Beatty, 4:30 p. m;
hnyolite, SOC p. M; Ludlow, ll:lo p.
~ ~; arrive Los Angeles, 500 a. m.
main 8. NORTHBOUND. Leave
Los Angeles, 8 p. m; Ludlow, 400 a.
~; ~Rhyolite, 1929 a. M; Beatty,
tl'oo a. M; Springdale, 11:25 a. M;
bonnie Clare, 1918 p. m; Cuprite'
WI P. m; arrive Goldfeld, 1:45 p. m.
infoughtickets to all Eastern points.
IN. JENIFER, d. ASHLAND,
1eneral Agent. Ticket Agent.
w. w. KEITH,
om. Assistant General Agent. !,
N1ee' Whitmore Building, Main and
Hall Streets, Goldfeld.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19

able prospecting from now on. A south
e%rosseut is out ITO feet, and this will
be continued in order to open up the
southern portion Of its ground on this
level. Thus far the formation has been
lode p%orphyry, with stringers of quartz,
carrying low values.
Jim Butler
As work progresses on this property
the ore bodies show continued i'm
provement, and the showing in the
mine today is better than at any time
since work was resumed through the
Stone Cabin shaft. The most of their
energy is being concentrated in gain
ing depth in the shaft and running
crosscuts on the 200 and 400-foot levels
in order to open up the ground to the
south. The improvement is most
marked in the raises from the 100 and
200-foot levels, where the veins have
shown increased strength. with the orc
fully maintaining its values. The ore
bins at the Stone Cabin shaft are Just
about completed and will be put in
commission next week. The bins are
supplied with sorting tables and griz-
lilies and have a capacity of about 60
tons, and will enable the company to
handle and load the ore to much bet
ter advantage than heretofore, and
shipments of ore win go forward regu-
larly every week.
West End
The work of developing and blocking
out the big ore body encountered in
the Corkill shaft is going along very
satisfactory, but the extent of it is not
yet known, as the top of the stope is
full of ore. The west drift from the
bottom of the shaft is also exposing
some very good ore.
Tonopah Mining
The task of getting depth in the Miz-
pah workings of this company is pro-
crossing very favorably, the three COM
partment shaft having been lowered ID
feet during the past week, now being
down 1852 feet. The formation
shows no change, being still in dacite.
The shaft will be continued to the
1,500-foot level, where a station will be
cut and crosscuts sent out to prospect
the ground at that depth. From the
9O0-foot point down station timbers
have been put in the shaft every 100
feet, which will enable them to cut out
stations without interfering with the
timbers in the shaft. No progress was
made this week by the drill from the
bottom of the Red Plume shaft.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19


shipments over the Tonopah
,s.ld6eld Railroad for the week to
- - western Ore Purchasing company,
Of 90 tons from the Tonopan
So s.;ou and 200 tons from the Mac.
yauars. con. o-zo
-. Belmont company $50 tons,
ie's v.n,aua- Tonopah 1910 tons, the
m~.v $50 tons, the MacNamara 30
w. Wv West End $50 tons, and Jim But
gus "a tons to the mills, making the
.h;nments for the week to the
mns 4,74O n
N ,otal output of the Tonopah
was 5000 tons, of an estimated
=. ftbe shipping ore being valued at
=. . ton and the milling ore at $25 a
~, of s1S5,9oo.
shipments were light this week ow-
- the mines being closed down ON
labor Day.
Belmont
c.nerintendent Brady is keeping up
81. mace in the development of this
..osrty. having broken a total of 1sS
!, Of new ground the past week
49,, The different workings come the
.,.l encouraging reports, and every
as work is proving that property
10 a mine in fact as well as in name
The most activity at present is on the
,0oNfoot level, where important work
!. being carried on at several points
N Of which promise to reward the
engagement handsomely for its efforts.
r.,aqiallv is this so in the west drift
slang the north or hanging wall side of
ne Mizpah fault, where the vein being
mened up is improving steadily, both
!, values and size. Much of the ore
aiming from this drift runs high in the
,hree figures, while the balance is a
,srv high grade milling product. In
i,t the entire ledge, which is 4 feet
ride. would make a high grade ship
nps ore. Preparations are now being
made to sink for the ledge, a station
nav being cut to install a hoist, which
vl enable them to make good pro-
rss. The winze on the big vein on
ne l0OO-foot level has nearly reached
| ne lOO.foot point, and while the values
the bottom are not so good as here
dcre, there is no cause for worry, as
veins, and especially one of this
q, contain spots of low grade. A no.
Ae improvement is noticed in the
rise from the East drift on the south
vein on the 900-foot level, the top of
vhsh exposes 4 feet of good milling
ore, the most strength this vein has
shown thus far on this level.
Montana Tonopah
For the first time in its history the
Montana Tonopah Mining company
held its annual meeting of stockholders
IN 1onopah last Tuesday. Being incor-
psed under the laws of Utah, it has
h~nsofore been compelled to hold its
annual meeting in that state, but the
hte action of Utah in amending the
mporation act SO as to allow com
nnies the privilege of having main Of
lees and holding meetings outside OF
the state, permitted the Montana-To-
Npah Mining company to hold It's
Meeting in Tonopah. There was a large
representation of stockholders in per-
son and by proxy. Those present and
anticipating in the meeting were Chas.
E. Knox, president and general man
ager; Charles f. Morris, vice president;
s. A. Mendenhall of Bozeman, Mon
tana; R. P. Dunlap, vice president; w.
B. Alexander, secretary and treasurer,
and Edgar A. Collins, superintendent.
The following board of directors was
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
MusHErr STOCK LISTED

Stock in the Mushett lease on the
Laguna has beer listed on the Goldheld
exchange. Trading in the security has
been heavy at each session.