davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
PROMINENT NEW WORKERS
TO OPERATE in GOLDFIELD

taken. The present lease has only ~
odd days to run, and the new company,
which is known as the New York FLOR
ence Leasing company, is getting ready
to take up operations where the pres
ent company leaves them. 1t Is ~nder-
stood that every effort will be made 10
establish a new record for rapid work.
M. D. Martin is now guest at the
Hotel Alexandria and is making active
preparations to remove his home from
the east to Pasadena. He is accom-
panied by ]. Harry Macmillan OF the
Macmillan -Holleran company.
The foregoing excerpt from Los
Angeles Times story is pronounced true
and correct in every detail by j. Harry
Macmillan, who returned yesterday
from New York. Chicago, Philadelphia
and Washington. where he had business
in connection with the affairs OF the
Macmillan -Holleran company. He pro-
nounces the east ripe for mining propo-
sitions of the better sort, the heavy IN
yestors having arrived at the conclusion
that mines are less hazardous than IN
dustrials. both for speculation ana Ior
nermanent investments.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

One of important, if not the most important
lease ever granted into effect today when
naners were signed conveying the Little Florence Min
ing leasehold for eighteen months on the
southern half of the Combination Fraction acreage.
lanes E. Keelyn o Illinois, treasurer, man.
aging director principal shareholder in the Little
Florence the papers for his company one OF the
terms Of the agreement the shaft must be sunk
to depth 1000 and be double compartment with
IN unusually large clearance. Preparations have
heer made for beginning and the indications
ore tbal shaft sinking will be made in the
rrrnnr from the Frances Mohawk workings into
territory this is not the ledge that the
Little Florence people expect to develop
Mr. E<eelyn Hotel Goldfeld last evening
nv News whom he gave the Following
authorized interviews
"Tbe Little Mining company Will not pass Out
of existence as people have been led TO suppose
With the termination lease the Florence which
nrov,ng the banner leases OF Godheld we
have already something in the neighborhood OF
90 oOO or0 worth and have paid $43o0Oo in div-
dends leaving treasury than some people imagine
Tbe dividends paid money returned TO snare
holders and cent interest with the assur
anee oe many dividends in the future FOR am
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
Red HILLS 1zAsuna BEGINS wozx
NEWHOJJSE NEGOTIATING
FOR BIG SILVER PEAK NINE

regarding the deal and the OMearas
are also reticent as to the pending
transaction, although admitting that he
had the option.
The Valcalda mine under option TO
Mr. Newhouse Is on great ledge located
half a century ago. upon which was the
famous Drinkwater. Two years ago the
property passed to the Pittsburg-Silver
Peak Mining company. which has built
a railroad, tramway and 100-stamp
mill, involving $2.000,000. The Valcalda
was formed by w. p. and M. J. OMeara
and John Lynch. Some months ago the
last named sold out to the OMearas.
who built ten-stamp mill which is now
grinding out thousands a month in bull
lion.
Mr.. Newhouse came to Goldfield from
Silver Peak Thursday night in COM
pany with George Wingfield. In the
Newhouse party were Count Leon de
Laborde of Paris. whose name is con-
nected with that of the Countess Castel-
lane, as a suitor, NJ M. Johnson. Mr..
Newhouse's expert and engineer. and
W. P. O'Meara, one of the owners of the
Valcalda.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
GOOD DEVELOPMENT WORK
ON TWO JUMBO LEASES

Under direction of Arnold Becker, who
is conducting operations on two other
properties in the district. development
work is progressing rapidly and thor
oughly in the Jumbo Ledge and Jumbo
Lease blocks. The former is the two
northerly subdivisions of the Atlanta
and the latter is the southerly block OF
tho Jumbo.
listed ON the Goldield and Los Angeles
exchanges There will doubtless be
some lively trading in the stock on ac-
count of the location of the leasehold.
which is the adjoining block to the one
in which the zinn crowd operated In the
early days OF the camp and from which
they extracted we'll rounded fortune.
The two leasing companies have en-
tered into an arrangement whereby the
shaft on Atlanta ground is used for
hoisting from both properties. Work
is being pressed northerly on the $50
level to a point beneath the Zinn shaft.
where an upraise will be run to con-
meet, after which this shaft will be used
also. When the Zinn lease expired a
large body of ore remained in sight and
it is Mr.. Becker's belief that this ore
body extends downward and Will be cut
on the $50. As soon as the upraise is
completed the Zinn shaft will be sunk
an additional hundred feet.
Already on the Jumbo side the $50 is
revealing values. Beginning last Mon
day ore has been accumulating on the
dump. The enriched material is silici-
fed porphyry, rich in iron. Although
below water level, the iron is oxydized.
While the ore body may not prove to be
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

A deal of more than ordinary interest
and consequence is about to be effected,
if the option held by Samuel Newhouse
on the Valcalda property is exercised,
and the indications are that the transfer
will be made within few days The
Valcalda is one of the big mines of
Southern Nevada. 1t is situated in the
Silver Peak district, near the town of
Blair and is thirty miles west of Gold
field. This property is owned by
O'Meara Brothers of Tonopah, who have
equipped the property with 20-stamp
mill and are grinding out treasure at a
rapid rate.
According to the terms of the agree
ment between Mr.. Newhouse and the
O'Mearas. the transfer is to be made
upon the payment of $1,000.000 cash, q
sum not out of the reach of Mr.. New
house, who is one of the heaviest and
wealthiest operators of Utah. Not long
ago the O'Mearas were urgently re-
quested by the Pittsburg-Silver Peak
people to set price upon their property
but they refused to enter into negotia-
tions Mr.. Newhouse is now in Gold
field, but he declines to be interviewed
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
LITTLE FLORENCE TAKES
ANOTHER VALUABLE LEASE

confident that company will be paying proposition
for twenty to come .
whie / desire at present to disclose their
identity. that have three or the gut
edged Goldheld including the lease on the
Florence
sure yot that they claims and easehods that are
well situated promise of rare merit The Little
Florence add greatly to the exchequer OF the
compan, befor termination, as General Manager
new ore containing gold returning assays from
precious metal is associated with
either tetrahedre tellurium matter that
has not definitely decided but 1t Is possibly
the appearance and certainly contains bases
be determined as soon as possl-
ble but Mr. consideration is to get as much
of the surface possible in the least magn
tsae
The production from until the closing hours OF
the lease something bigger than might De
maein.d l have divers word that the extraction
will be almost the 4O0-foot level and con-
1.-The policy of the Little Florence company is ana
the best possible results Tor the
shareholders be considered selhsh motive
nasmuch controlling interest IN the eaPi,ai-
ization nd advantage to pay as many diVi-
possible"
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
KEANE WONDER A REGULAR
PRODUCER OF GOLD BULLION

The finances of the company are in
good shape. With the output of the
property the past three months, the COM
pany has paid off every cent of indebted
ness and will begin the next month
with a clean sheet and the earnings
from that time on will be available for
dividends. unless 1t is decided to add
another 20 stamps to the mill. There is
ore to keep the present mill at work for
two years, without another foot of de-
velopment work. In fact the mine is
nothing but big quarry and the ore is
broken down and handled as in a
quarry.
The Keane- Wonder has been much be-
fore the public lately in connection with
the gossip about the State Bank and
Trust company, as Mr.. Hickey of the
bank. is one of the largest stockholders
of the Keane- Wonder and 1t was sup
posed that much of the banks money
went into that mine. Mr.. Wilson says
there is now no connection whatever be-
tween the bank and the mine. The mine
does not owe the bank penny. and
whatever entanglements that Mr.. Hickey
has gotten into does not involve the
mine in the least, but his share of the
stock The company is capitalized at
1900 900 shares of 81 each. Mr.. Hickey
and Mr.. Wilson. jointly, own $4,000
shares, and there are $4,000 shares still
in the treasury
I'VE have not got hat may be called
a big mine or high grss- NINE" said
Mr.. Wilson, 'but a nice little PROPOSE
tion that will clear good and dependable
money every month in the year, and
from looks of things, for many years
hence"
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

John W. Gates, the Wall Street plung-
er, with his son, Charles G. Gates, M.
D Martin, James Hopkins, who is Mar
tins father-in-law and vice president or
the Diamond Match company are to form
large holding company to operate In
Nevada mines, and the details will be
completed upon the arrival of the
Gates party. who are expected here dur
ing the first week in April.
They will be associated with the
hacMllan-Holleran company of Gold
held who are we'll known to mining
men throughout the state as the pro-
moters of the Mohawk-Jumbo lease.
which paid big profit. The general
management of the new company, which
VIII have the financial backing of some
Oh the largest interests in the country,
viii be in the hands of the Macmillan
holleran company
AS nucleus around which the opera
uons OF the parent company will revolve.
uie management has secured a six
nohtns lease upon the famous Little
florence ground now being worked by
'ne Little Florence company and from
which over s1,OOo.o00 has already been
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
MOHAWK=REDTOP
in SHIPPING ORE


in
Of
of
poxmaing IS Three
o
the intention of the continue the
Eioln
the
of ar
n
n
Of in
q . q . 4 q Z . . . . . Z . . . . = q q . 4 = 4 4 = 4 4 q . 4 . .
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
STATE BANK TANGLE is
GROWING WORSE DAILY

The troubles-or, shall 1t be said, the
the State Bank and
Trust company are multiplying like
homing dragons dark upon the west
Grand juries in three counties have
returned indictments and the justice and
district courts of the same counties have
been engaged with injunctions. attach
ments and criminal and civil proceed
ings of all manner and sort.
Wednesday evening the grand jury
Of Esmeralda county submitted it's re-
port to Judge O'Brien of the district
court and made the accusation that the
bank had been gutted of its good Sc
curities' as the result of trading ac-
counts, which. in other words. made pre-
ferred creditors of some, and notably
the larger. depositors Particular stress
was laid upon the manipulations which
permitted the Anglo-California bank OF
San Francisco to get from under and
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
SYLVANITE FOUND IN THE
LITTLE FLORENCE LEASE

discovery was made on the 5oo-foo'
level.
General Manager oliver is naturally
pleased to discover that the Florence
Annex vein has dipped into Little flor-
ence territory. Connection has peen
made on the 400 with this splendio ore
shoot and ore is being extracted a' 'ne
rate of twelve tons daily. Inc ore -
,sou,,, and averages from $3.50 to s170
to the ton.
operations are now being rushed De-
,yoen the 400 and 500 levels, where
this shoot evidences itself close to the
Annex line. seventy-four miners are
employed in the property and they are
straining every nerve and muscle since
the bonus was added to their wages ages
,rbe lease promises to be heavy pro-
ducer up to the hour that its term eN'
pires.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

,,o,,sr Wilson, manager of the Keane-
wanaer mine near Rhyolite, was in
c.,ass,d this week transacting business.
n, ana Mrs. Wilson make their home
:. tho mine now, and Mr.. Wilson gives
i. ent,re time to the management of
ths mine and mill.
The Keane- Wonder is one of the big
a,t,e mines of California, and is now, af-
,er years of development work, and the
erection of a mill, about to enter upon
The dividend paying period. The mine is
. milling proposition pure and simple,
and its output can be calculated upon as
accurately from month to month, as a
factory Of known capacity.
The Keane-- Wonder has two years OF
ore blocked out, running from SIS to SIT
per ton, with unvarying regularity. The
mine is equipped with a mill of 20
stamps A cyanide plant is being In
stalled to treat the tailings. The mill
is bothered with a shortage of water.
Four DAYS a week the mill is able to run
"A hours, the other three, 16 hours per
day. the remaining time being needed
for the water, which is conserved in
tanks, to settle Ore to the amount OF
rs to so tons per day is treated, and
during the last three months. the first
Of the mills operation. between $4,000
and $4,000 was saved on the plates.
The saving is about Sc per cent. The
tsilings will be treated by cyanide pro-
cess and a 80 per cent extraction is ex-
pected. wher the mire gets the addf-
tional water which is being, developed,
II Is expected to make a saving each
month on the plates of $4,000 and in
the cyanide watts. $4,000. or total mill
product of $4,000.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

one OF the phenomenal properties of
"' uoidneld mining district is the Lit
N'orehce' and it's wonders have ap-
sA'eh'iy not ceased. 1t has the record
'ne largest shipment of high grade
0ne lot in the history of the camp. if
VI the world. 1t has produced some
'ne finest picture ore ever brought
~" the depths of earth. 1t sunk it's
,so. shaft in the briefest time ever
co,sn Tor such an undertaking in
b.s b'eid' and now. the Little Florence
in. evhuine sylvanite; not the glitter
ths ,,y ,nVery stuff of Cripple Creek. nor
b.r s piack telluride sylvanite Of the Mo-
st,,.s out sylvanite just the same. The
pa,a,,. was made on a formation lying
w,,s,N 10 the main shoot and well
'''e confines of the territory This
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
PHONOLITE COMING TO FRONT

H. w. Bruner, an old Cripple Creek
operator. who sold all his interests in
Goldfeld a year or more ago. to cast his
fortunes with the then almost unknown
camp of Phonolite. has written to The
News regarding the situation in that
camp. and from his letter. Phonolite is
one of the good ones that are being
overlooked. Mr.. Bruner says:
THE Phonolite district is now fast
coming to the front and ! predict for 1t
one of the largest camps in the state
In the near future: that is camp that
will be permanent. The last assays made
In the Phonolite Paymaster Gold Mining
company's property had run in Austin.
Nevada. by J. II. Trolson. One sample
run $1,000 in gold and sl15 In silver and
the other one s55.1oo In gold and si.s45
In silver.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

-, net profit of $40 900 month is
Ia word s.ord established and sustained by
tho later ner Geddes. general manager of
Disny' Daisy' the king pin property of the
produc,,n"i district. SO far as present
ror sr''lon is concerned.
|proper,,, n'ns the main shaft on the
we'll mas been a copiously flowing
/ with m hsulrins three pumps to cope
has hsa supply. but gradually the flow
|ble ~ overcome and 1t is now possi-
A sta,,a" aik through the 4oo-foot level.
On bo,S mas been cut on the 900 and
run 10 - 'nese levels crosscuts will be
reacbsn me middle vein. which viii be
fore ~. W both points Of vantage be-
from ths or. ore measure in the upraise
5ins the ,V. from which is now produc-
shipping ore. 10 exhausted.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

escape. practically without loss, from
the crash which brought absolute want
to the hundreds of minor patrons of the
institution.
A rather thrilling clause in the find
ings of the grand jury is it's excoriation
of the state bank commissioners fos per-
mitting the alleged looting of a bank.
which they are believed to have reason
to have adjudged defunct.
The rehabilitation committee also
came in for large bunch of censure, it
being alleged that the members were all
either relatives of directors of the bank
or attorneys in their pay and that the
salaries paid them came out of the
dwindling funds belonging to the de-
positors.
1t was urged by the grand jury that
the attorney general Immediately pro-
ceed for the appointment of a receiver
for the bank.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
ROGERS LEASE
PAYS DIVIDEND

5oldheId to idend paying
ALL
the
ship ,.st justp $4,000
VI II having
of
for
on w os all future dividends will be-
evident dividends
life lease
= sas than 100000
he that
ns a 1t.
be hear a
- only Connection with
- workings andth
intoR
in the
= = = = = q Z = = = = = = = = = =
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

] L. Kalfus and III. Hardy nave re-
sumed operations on their lease on the
Great Bend Annex. The shaft, which is
,25 feet deep. has been unwatered and re-
haired during the past week and sinking
to the 15o-foot point will be begun at
once.
The company plans to then crosscut
49, ,ba 15O unless the ledge is encoun-
tered in the shaft. which is deemed very
probable.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

The vein seems to be permanent and
Etching downward The tunnel is in
about 500 feet and I think can say
what no other new camp can say in this
state, the tunnel has been driven this
distance and not one single dollar in
money used. The miners have taken
treasury stock at Is per cent per share
for their pay. The Phonolite Paysmaster
Mining company is only capitalized for
s1.ooo. 900. 100000 shares In the treas
ury. The Phonolite Silent Friend COM
pany is the same capitalization. The
Mohawk Duluth Mining company is In
good ore in their shaft down 500 feet.
III you can show new camp that
can beat this In values In the stste. or
any other state. ] am from Missouri
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
TWO LEASES THAT ARE
BEING ACTIVELY DEVELOPED

Under the management OF Major
Stanton sixteen miners are employed by
the Golconda Leasing company. The
shaft is now down 420 feet. Major
Stanton is also operating the No. 22
Keelyn lease on the Gold Bar. The
shaft has reached a depth of $40 feet
1t will be sunk to the 500. Eighteen
miners are employed. These two leases
are principally owned by Chicago people.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28

All these mills are either now built OF are IN
the process while there other mills, such as the
Daisy, in embryo The statement, therefore, of the
milling capacity of this camp October 1, this
year, when all these mills will be completed and
in operation, is already proven fact.
The average of the now being treated by
the Combination mill and by the Nevada Gold
field, is little above $40 per ton. The ore going
out to smelters over the railroads is of higher value
and will easily bring the average of the entire
camp up to $780, With an output of 1000 tons per
day of $50 ORE this camp will be producing at the
rata of $4,000 per day nearly s3o,o000o0 per
year.
That the district can furnish ore for 1000
stamps is a matter of common knowledge. The Gold
field Consolidated will easily supply its new 300
ton Consolidated mill and its Combination mill Of
100 tons, which will account for over half the ag-
gregate mill capacity. The Nevada Goldfeld is al
ready overrun with custom ores, and the other
mills will be kept busy with the from lesser
mines and leases not to mention the Florence which
has millions in low grade blocked out ready to be
knocked down on the completion OF the mill. In
fact the ore is and has long been waiting for
these mills and by time they completed there
will be much more ore than thousand ton mill
will be able to accommodate.
But the mines will not alone reap the beneht Of
n this new milling regime. It will mean much to the
benefit of the entire camp Of Goldfeld. 1t means
the employment Of hundreds of additional men;
it means the distribution Of those $4,000 railroad
and smclter charges among mine owners and mine
workers, and eventually through the various chan
nes of local trade It larger and richer and
better Goldfeld community independent and
self contained in every way.
Surely Goldfeld's trials and tribulations are
near an end. The present is reassuring while the
future is most brilliant indeed.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
DAISY MEETING $4,000 A MONTH

! The roads between eoiu, tied by
mondfield are being oeep,s ants aggre-
DAISY ore teams. the shipments as,, eSer-
eating ten tons daily OF ore ''A'
ages slo3 to the ton. o,ns into the
The money that is going .s,nments INN
w,, be used later in the season Saas a left s4
construction q for sonora and orovilie to to
TINS ,1ns mo' mining properties in when ne
IL interested.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-28
MILLING ERA in IGOLDFIELD
DISTRICT is NOW AT HAND
Mills Now in Operation and Under Construction
Will Have Capacity of 1000 Tons Day, and
Save to the District Many
Millions Yearly

The shut down in the camp during the winter as
result of labor conditions while it worked severe
hardship for the time upon mine operators and leas
ers, and caused serious business stagnation in
Goldfeld and severe reaction was not an un-mxed
evil by any means and the time will come when the
camp will realize the compensatng advantages and
blessings, it looks over its profit and loss ac
3 count
For the few weeks before the strike and
quent shut down of the Mines the Goldfeld district
was sending to sampler and smelter average Of
1000 tons of ore per week. This
average of s75 per ton although of the stats
ticans of the camp put it higher. The gross value
of the therefore not less than $4,000 per
week. Practically all this went to sampler and
rmelter only mill in the district treating any
considerable amount-the Combination mill which
handling about 600 tons every seven days.
} All the rest of the going out of camp and
, paying tribute to the railroads and smelters.
The freight and smelter charges of which Gold
, field drained weekly, something that would
paraiyze almost any other camp than this Together
they amounted to not less than $50 per ton which
meant 100000 per week or $6,24O,oo0 per annum.
; This enormous amount being taken out Of Gold
, field, not to be returned in different form, but
distributed through the and in foreign parts,
among shareholders in the railroads. smelters and
, mills 1t dead loss to the camp that could in
no way be recouped.
When the strike came on, all the properties Of
the camp closed down. Not single mine attempted
! to produce a pound of ore. few men were en-
ployed at first to keep the mines dry of water and
others to protect the workings against caving.
Later men were put to work but not on ore;
, they were put dead work and the time was
; proisaby spent in development against the day
when production should be resumed But the ore
remained in the mines and to this day most of it
still remains and will remain until the mines
treat their upon the ground and to their
companies and the district the enormous tolls that
otherwise would be paid to railroads and smelters.
, The time when Goldfeld shall be able to treat
her own ores and be independent of railroads and
, smellers is not far off. The first of October will
; see the mill situation complete in this camp. By
that time there will be milling capacity to the
tent of 1000 tons per day and $4,000 per day in
tolls will be saved to the district to be distributed
in dividends among shareholders and circulated