davidaulloa/AmericanStories huggingface dataset:
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
ANOTHER BIG SHELTER.

The article recently published in the Star, announcing the prelmin-
ay plans Of the Golconda Consolidated, Ltd, al English company, or
the construction of a big custom smeher at Golconda, has been extern
stvelyr reproduced by the press of the State. The proposed building OF au
independent smelter at a central point in the State, al Gonconda is, has
been favorably commented on by many of the State papers, n opnloa
being expressed that the building of such a smelter would go far toward
freeing the State from the clutches Of the trust, which has within a te"
months raised the treatment charges IN Nevada ores to a point which
makes IT impossible for mine owners to ship re to the trust smelters
nnless they submit to being robbed. The Seven Troughs Miner has
this to say of the proposed Golconda smelter:
Mine owners of Nevada, especially of Humboldt county, will re-
cefve the news of the project of the English company with great salts
faction, as in it they sec probable relief from the smelter trust SUCH
relief Is entirely problemateal, however, as it is also probable that II ne
proposed smelter carries out its announced intentions of reducing Gus
tom ores. the trust will likely zee to it that the Southern Pacific stands
pat n its short haul rates. If no better rate than those can be b
tanned by shippers, it will likely prove more profitable to them to con
tinue sending their ores to the smalters at Salt Lake or elsewhere
Providing reasonable rates can be secured, the construction OF an
other smeltera at GoIconda will materially aid mining in Humboldt coun-
t, and, in fact, the entire State. 1t is ito be hoped that the Southern
Pacific railway will not discriminate against Goconda by enforcing the
short haul rates, as it will enable Seven Troughs and other districts OF
Humboldt county within a short distance of the railroad, to ship a much
lower grade of ore than at present 1t is approximately one hundred
miles by wagon road from Seven Troughs to Golconda, and the freight
rate should be reasonably low"-5umboldt Star
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
ON CASH BASIS.

The banks of Chicago have gone on a cash basis. In this respect,
the lead of the banks of Salt Lake a followed, and 10Y what city will
be the next to follow this example? The majority Of the Western banks
are waiting o the banks of New York, and the financial institutions of
Gotham seem to be holding back to the last minute, as without a doubt
they have more responsibility resting upon them. But It cannot be much
longer that we will have o wait for the New York banks 10 take action,
and then the entire country will follow suit, and put the banks once
more on a sound basis This is what the country is waiting for. In San
Francisco the banks IN now ready to call in the clearing house certif-
Gates, and a a matter of fact they are paying out a good deal of cash az
present. Within the next thirty days, without a doubt, We will zee all
the banks In the same condition.
That this is SC. is evident from the fact that the wheels of indus
try. which werec closed down during the strenuous months of financial
spasms, have again begun to revolve Manufacturing institutions are
recalling the mn that we're laid off, and there is a demand for building
material and all sorts of construction work. The country is on 4
sound basis. no matter whether the banks are paying in cash or scrip,
and the year promises to see more 'eal money in circulation than was
ever known before. A
In the windup. the financial slump will be a good thing for the
West, for it goes without saying that the Western banks will no longer
keep their big cash reserves in the banks of New York; they will keep
them at home. and there will be Tor money in the West for investment
in the West. And this will be a good thing for this country; it will mean
the greater and more speedy development of properties, and all good prop
critics will then have a better show to the utter humiliation of Wild
cat schemes
The signs of the times show this to be a fact, The Nevada stock
MARKET is rs sensitive al a weather vane a is to be witnessed the action
of tie market of tate. The least little report affects it, and this is an
INDICATION of how closely it is being watched n the outside, both in
the East and in the West With plenty of money at hand, and the labor
troubles Of Goldfdd eliminated, there would be one of the greatest ad
vances known, and even with the banks on a cash basis, and the labor
troubles not eliminated, money would pour into the country to hell
develop the country wherever the indications were that the showing war
ranted the development. Within thirty days there will be any amour
of money for the Nevada mines aud properties.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
PROPERTY
BREAKS INTO ORE
NEVADA RICO DISCOVERS GOOD
VALUES IN GOLD AND
SILVER.

The Nevada Rico Mining Company
received the information on Monday
that a large body of ore had been
discovered on it's ground at Blair.
Samples of the new find were assayed
here yesterday and gave the follow
ing results: Two feet of ore aver
ages $71.SO in gold and silver per
ton; the rest of the vein, which Is 40
feet wide, averages 1920 in gold
per ton; average sample of the whole
vein, $6.75 per ton. The full width
of the ore shoot has not been deter
mined, as the porphyry dixie which
forms the walls averages $3.50 in
gold per ton, so far as dug into.
Miss L. L. Gilman, president and
largest stakeholder of this company,
is highly elated over the results OBJ
tanned and stated that the ore shoot
recently discovered was found while
doing the annual work for last year.
This work consisted of prospecting
the lodges by means of surface
trenches. Sinking on the vein was
started on Wednesday. The Silver
Peak district is noted for the inn
mense bodies of low grade milling
gold ore which is o so successfully
treated in the Valcalda and the Pitts
burg Silver Peak mills. The Nevada
Rico, with its large vein of free mill
ing gold ore averaging owe six dol
lars a ton at a depth of from five to
ten feet, and the unexpected find OF
high grade ore, bids fair to rival the
older mines in the camp, located on
ar ore at the same depth.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
MONEY CoMING OUR WAY.

The banks of Salt Lake are the first to break away from the clear
ance house certificates, and to pay all cash. This was the message re-
ceHed here yesterday from the National Bank of the Republic by the
Nevada First National Bank.
The banks OF the West have been waiting for the action of the New
York banks in this respect, but the Salt Lake banks have decided to wait
no longer. The e Is good news for Nevada, for the reason that the
in more and more in a business way. Salt Lake is interested in Ely, Yer
rington, Seven Troughs. in Rosebud, Fairview, in Gold Circle, and in
Battle Mountain. They are interested in the districts named by their
holdings in properties. and they are interested in the stocks of Tonopah
and Goldfeld.
The opening UP of the banks means the eXpending Of money n the
districts where the Salt Lake people are interested, and it means the
branching out into more districts. There arc three cities with which the
business interests of Nevada are closely identified. These are Salt Lake,
San Francisco and Los Angeles The breaking away from the scrip
means that San Francisco and Los Angeles will soon follow the example
Of Salt Lake, and that there will be plenty of money coming out of the
banks Of these three cities for Investment in this country.
The money cannot be invested to better purpose or 1t a better time
With every shovel of development work that has been done in this coun-
try. the showing has been better, and every district has made good
During the slump there have been a great many new people here, and
there has not come a a who has not been much impressed with the
country, and who is not satisfied that the ground of Nevada has only
been scratched. and that there are more fortunes to be taken from the
ground than ever, There is no better investment than the mines of
Nevada; no better speculation than the securities of the State.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18

omical n in which they are
working the mine. They can take
out the ore at SO little cost, that It
would pay them to work a very low
grade ore, but | must confess that
l saw nothing but high grade. AT
the present time there are three sep
arate veins being developed, and
there is ore in all of them.
''The property could not be better
located for the economic working OF
it. There is a wide range of hills,
perhaps a mile wide, and there are
several veins outcropping, and they
are prosecuting the hill to tap these
veins. This will make the cheapest
working ever tried In a mine. Ube.
hebe is an ideal copper proposition
from all view points. Nearly all of
it being a high percentage makes it
look good. and being of a high grade
On the surface, is a splendid indica-
ton of what Is to be found at the
depths. 1t will be richer, for that is
the history Of copper. What / found
there far exceeded my expectations.
| was genuinely surprised. Even the
townsite is ideal, and when the rail-
road is completed into Ubehebe, it
will be a trip well worth taking"
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
KEARNS LEASE TO
ship REGULARLY

Advices from Rawhide state that
the fine weather has been helping
along development work, which is
increasing rapidly. There are now
over 500 men at work on the differ
ent leases in the camp. The Kearns
lease on the Balloon claim commenc-
ed regular shipments of fifteen tons
per day of high grade ore on Janu-
airy 18th. They are mining and sack
ing only the ore that will mill over
$500 per ton.
In this lease, at a depth OF so feet,
a crosscut drift has developed four
teen feet of ore with no wall in sight
seven feet of which 1t is claimed av-
erages $500 per ton as broken down.
On the Happy Hooligan claim ore
assaying $1,000 per ton is reported to
have just been struck. On the Muir
ray lease another great strike is also
reported, it being claimed that some
of the ore goes as high as SAT, 900
per ton.
In the vicinity of the Tiger group,
a great deal of development is in
progress. The Tiger is regarded as
being one of the greatest strikes yet
made at Rawhide. Its lodges seem
to run northwest and southeast. This
has stimulated activity in both these
directions.
The Rawhide Regent Mining Com
pany, northwest, the first Rawhide
company organized to own its prop
erty outright, has put men to work
on a 50-foot contract to crosscut the
quartz ledge %outeropping on the
south side of Nil Desperandum Peak.
The camp is booming and many
buildings are in course of construc-
tion.-State Journal.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
j. p. MORGAN,s LIBRARY.

There is no more beautiful build
ing in New York than J. p. Morgan's
private library on East Thirty-sixth
street. II was designed by Charles
McKim in the style of the Italian
Renaissance. The material is Ten
nessee marble, whose Wilderness is re-
lieved by a suggestion of pink. The
blocks are set without cement and
so close that the facade appears to
be one solid sheet of stone. Not
wi~thstanding its great solidity, the
building is a model of lightness and
grace. 1t makes all lovers of liter
airy and artistic treasures breathe
more freely to know that Mr.. Nor
gan's priceless collection of manu-
scripts and rare editions is now
housed in a fireproof building. Not
only that, but that they are so ar
ranged as to be seen to the best adj
vantage. Before the library was
built the basement of his dwelling
house next door was used by Dir.
Morgan as a storage place. The new
building Is apparently destined to be-
come famous lot only as ~a~iibrary
but to have it's place in the hnancia'
history of the country; for 1t wai
within its marble walls that Mr.. Nor
gan held those all-day and all-nigh'
business conferences in October
which resulted in averting a PAM,
and in saving the credit of the cit!
at a time of almost unprecedented
storm and stress. THE Lounger" il
Putnam's.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
AN ORE ROAD.

A traction road between Goldbanks
and Mill City is now being advocated
by mining men interested in the var
ious mining properties in the south
eastern portion of Humboldt county.
says the Silver State. 1t Is claimed
that such a road will shorten the
wagon haul Of ore from any of a
dozen districts, including Tobin, Ken
nedy, Goldbanks and Boyer, at least
81 miles. The only road that can be
used at present is the road to Win
nemucca, which is 81 miles further
from Goldbanks than Mill City, Love
lock is a near railroad point, nearer
than Mill City, but the high East
range of mountains makes shipping
to this point impossible. The divide
Is at Muckelberry Hill. and the grade
in this range on the Lovelock road
here is very heavy.
Such are the statements of j. M.
O'Brien, the we'll known operator and
broker, who is interested in various
properties in Nye. Humboldt ana
Churchill counties. and who is also 4
member of the Healy-O'Brien broker
age firm of San Francisco. Mr..
O'Brien. with his brother, w. s.
O'Brien. superintendent of the Rex
and June Wonder mines at Wonder.
Fred Heutel. a professor of mineral
ogy, and Attorney Callahan. were IT
Winnemucca last Saturday in connec
ton with the recent session of the
District Court.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18

all vel the world have been,
and some Of them are now at Col
conda to watch the operations Of the
new process. A professor from
Heidelberg is there. and representa-
tives of the Guggenheims and others
are watching the performance of the
mill, which has a capacity of 100 tons
a day, very closely. 1t is claimed
that all the values in carbonate cop
per ores, such as abound near the
surface, both at Ely and Yerington,
yield s%plendidly to the new process,
II Is claimed that 1t will revolution
lie the practices Of concentration. be-
cause II will not only do Just as well
as any other process, but because its
chief feature is in its ability to collect
the values in all ores where the gan.
que is as heavy or heavier than tho
ore.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
LEASERS ARE WORKING
AT CAMP TOBEN

Many favorable reports continue 10
come from Camp Toben, situated IL
miles from Goldbanks. The latest is
contained in a letter received the
early part of this week by f. p.
Waldo from his partner, A. II. Hoyt,
who is developing properties there
in which Mr.. Waldo is interested,
In an interview with a Tribune
representative Mr.. Waldo stated that
development was being vigorously
prosecuted in hat section this win
ter. Several leasers are at work and
many %prospectors are developing
their ground with good results.
On the White Iris claim. in which
he is interested. a crosseut tunnel is
being run to intersect the main lead
%traversing the property. This ledge
is about eight feet wide and on the
surface yields average values of
about $50, principally in gold. The
tunnel is now in 80 feet, at which
point a blind lead about three feet
In width has been encountered.
which shows a goodly quantity of
the yellow metal In the pan. Mr..
Waldo Is much pleased over this lat
est development and is confident that
when the main ledge is tapped pay
rock is shipping quantities will be
found.
On the Squires lease on the Dandy
claim or the Hill property, a shaft
has been started about 40 feet from
the ledge. At a depth of 10 feet a
! vein three feet wide was encountered.
from which the leasers are sacking
, ore. This ledge shows some free
gold and the leasers intend to thor
oughly prospect it. at the same time
4 continuing the shaft down to tap the
main lead, which will require about
y 80 feet of sinking.
The largest and most important
development during the past three
weeks was made on the Gypsy group,
Wv ANA w Muiiin anu Otiblitihs -
I tunnel has been driven in on the vein
t for a distance of so feet. The ledge
is composed of p%orphyritic quartz,
Q with about two feet of tale oil the
I hanging wall. On the surface this
I ledge gave returns of SIS. but In the
face of the tunnel the quartz
which is ten feet in width, has turn
cd into galena and copper %sulphides
! and the values have greatly increas.
Q ed. No assays have as yet been made
n bnt solid chunks of galena weighing
Z over 100 pounds are taken out dali,
h and the owners are confident of haV
ing a shipper with a little more de
% yolopment Exchange.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
UNDER THE SPELL
OF UBEHEBE DISTRICT


b. /. Hoxie, foreman of the Mac
namara mine, is another man who
has fallen under the spell of Ubehebe.
Mr.. Hoxie. in company with Fred
Grifiths, and chaufeured by Vale1-
tine Hush, left here on Thursday
night, and returned from the copper
deposits last Saturday afternoon.
1T is a great country" said Mr..
Hoxie, yesterday, "a wonderful coun-
try, | had been long trying to get
there, having heard so much about
IL. and | was surprised at the show
ing. | did not see as much of the
property as | should have liked, but
saw enough to satisfy myself that
they were surely making a great
property of it. | went over three or
four claims where they are working.
The work comprises chiefly tunnel.
ing, but there has also been some
shafts sunk. There is one shaft down
eighty feet, and they are %tunnelinp
into the hill far below that to catch
the vein at a depth of 729 feet.
'The depth and size of the ore
bodies leave no doubt as to then
being permanent, and the practica
man is at once struck with the econ
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
Buy CLAIMS AT RAwHIDE.

Ed. Rename and James Dugan. well
known Nevada mining men, yester-
day closed a deal for eighteen claims
in the heart of the Rawhide district.
They leave this morning for that
camp to take charge of their prop
erty and begin development work.
Some excellent assays have already
been secured from the surface crop
pings on the estate and big things
are expected. The property adjoins
the nov famous Tiger and Royal
properties of Rawhide. Benane and
Dugan have many mining interests
throughout the State,-State Jour.
nal.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
WILL BEAUTIFY CAMPUS
or NEVADA UNIVERSITY

RENO, Jan. l5.@Ciarence Mac
kay, president of the Postal Teie-
graph Company, viii spend 500. 900
beautifying the University of Ne
vada campus surrounding the Borg
ium statue Of John w. Mackay. Bliss
and Faville Of San Francisco started
the landscape improvements today.
President Joseph Edward Stubbs OF
the college has returned from New
York, where he conferred with Mac
kay concerning his plans. the latte.
directing that the work be completes
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18

at once Mackay accepted the quad
rangle architectural drawings, and
the proposed buildings will be con-
structed as a quad" as they are at
Stanford. A s75. 900 library is in.
cluded in the specifications, but
whether Mackey intends to add this
donation to that of the School OF
Mines structure is not stated by Or.
Stubs.
Among tho campus improvements
mentioned by the college authorities
are an artificial lake. to be made il
the deep ravine between the dormi
tories and the recitation halls, ant
the t%erracing Of the lawns on tn,
hills.
Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1908-01-18
GREAT IS RAWHIDE'
CONTINUED from Page ~

money is coming. There are lotS 81
transients coming and going, all of
whom are looking for something, and
a camp is a pretty good n that eau
at the stage that Rawhide has reach
ed command $4,000 for a lease, and
$4,000 for a group of claims.
THE saloons are crowded every
night, and so are the lodging houses
and restaurants. The saloons are
not making a great deal of money,
and there is very little gambling go
ing on, but the restaurants and the
lodging houses are getting the best
play, and are making big money.
There will be lots of money there be-
fore long; it can't be helped, from the
way that things are going"
II never say anything that could
touch it in any camp that | have ever
been in" said Roger Dougherty. ut
is a pippin, for sure. At the present
stage of development it has Tonopah,
Goldfeld and Virginia City, all in "a
group, backed clean off the board.
You look up at the hillsides, for sew
eral thousand feet, and see hills of
ore sacked ready for shipment. There
is gold. gold, gold, everywhere. Gold
field, with twice as much work done,
never looked anything like as good
as Rawhide. You can't describe the
camp; at least, | can't, for 1t is abb
solutely be%wildering. And, when you
come to think of it, there has been
a good deal of work done for tie
time that the camp has been in eX-
istence. The shafts are al four feet
by seven feet, and are good looking
shafts. They are nearly all timbered
for the first few sets.
"On the Kearns lease. they have
the ore stacked up as high as the
Bonanza office, all of it high grade.
They are shipping from the lease to
Goldield every day. We met the
teams coming out as WI went in.
They have tunnels driven in for a
distance Of zoo and 500 feet, and
the Kearns lease is down to a depth
of eighty-fve feet, and twelve OF
fourteen feet of 1t in ore that will
go over 5000 a ton. Why, If nc
greater depth Is obtained than thai
of the Kearns lease, the camp is goof
for at least five years. OF course
nobody can tell anything of the fu.
ture, but I am willing to take my
chances on Rawhide being II of tn,
greatest camps in the world. Sh'
can't help making good. | neve
saw anything in my life which en-
Unused me as much as this camp
and there is the place that the none,
is going to be made"
ut is the most wonderful showing
that | v e saw" said Georg,
Thatcher, "and it must be seen
really, to be appreciated, The yer,
appearance of the camp gives a maj
an idea Of what there is there befor
he has seen anything of the under
ground conditions. On all sides o
you, there are to be eel evidence
of the richness of the camp. and tn
stuff Is there in plenty. The sack
of ore are piled up like so man
sacks of wheat in a granary. and the
are filled with high grade ore. Near
ly every lease seems to have struc
the ore, and have the real stuff.
ever there was a camp going to mai
good, It surely is Rawhide."