davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
STOCK QUOTATIONS
Prices on the OoldfieId Consolidated Minlns OWN
Exchange for Friday, May u ~oS

There was a general strengthening all
along the line in the list of stocks this
morning. Combination Fraction is
rapidly recovering from the slump that
ensued after the annual meeting a few
days ago, and Daisy is gradually re-
gaining its old form. Atlanta is show
ing splendid strength, and rejecting the
growing confidence in that territory.
Consolidated was active again this
morning, 600 shares selling at $3.50.
The proposed change in hours for hold
ing the calls, $3.50 a. m. and l to 2:30
p. m, abandoning the night session,
meets with the approval of the big
traders, but is not particularly pleasing
to some of the lesser lights. The big
fellows see a great advantage in being
able to get into touch with New York
during the call, and believe that it will
greatly facilitate business. San Fran
cisco will be connected with on the
later call, so that the trading during
the day will reach from coast to coast.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
DAISY CROSSCUT AT 500
FOOT LEVEL REACHES VEIN

The crosscut from the 500 level of
the main shaft of the Daisy has reached
the vein, and drifting will be prese-
cuted theoretically to open the ground
so that it will drain the water as rap
idly as possible, and relieve the flow in
the 400 level. There is a strong flow in
the new workings at 500, but the levels
above that are now in as good condi-
ton, so far as water is concerned, as
could be expected.
Manager Charles Wilkerson is still
directing work toward opening the
vein on the fourth level that is produc-
ing the good ore above, but which has
been twisted and faulted so badly at a
certain point that it has been a problem
to find it.
During the last ten days of April the
shipments were increased to about
twenty tons a day SO as to provide "a
good surplus as a reserve above the
operation expenses, but this production
will not be kept up as a regular propo-
sition until the main shaft can be used
for hosting ore without interfering
with the contractors. About 60 men
are on the payroll, and the mine is in
good condition in the way of ore.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
ISH HOLDS CONTROL Of
DIAMONDF'D BLACK BUTTE

The annual meeting of the Diamond
field Black Butte company, which was
held Tuesday night, did not develop any
sensational contest for control on the
part of the eastern stockholders who
have been making a literary campaign
for some time to GUST the old manage
ment in the affairs of the company.
By general consent of those in con
troll, the opposition was given repre-
sentation on the board by the election
of one director who will represent their
interests.
+. NJ. Ish was reelected president
and director; M. c. Howard, secretary,
treasurer and director; w. II. Eddy is
vice president and director; E. G. Wat
son and j. G. Mckay comprise the bal
ance of the board Of directors, the lat
ter representing the opposing eastern
interests.
The treasures report for the fiscal
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
BUYS SOME GOOD PLACER
LEASES AT MANHATTAN

w. +. Gray of the Fidelity Trust
company. returned last Wednesday from
a weeks stay at Manhattan during
which time he visited all the placer
properties in operation, making numer-
Gus paintings in each property to satisfy
himself as to the merit of the camp.
He says that his opinion of the camp is
that it is everything that is claimed
for it.
Mr.. Gray was so much pleased that
the Fidelity Trust company, r.. u.
Denny of Stanford, KY, and b. +. Wal
dron purchased a W. years lease from
Milo Plamenaz, s. w. Martin and W.
NJ. yeith on Dexter No. IA mining
claim, taking in the entire claim l4oo
feet in length by 600 feet in width
Also q lease ON the Pedro Fraction min
ing claim. The parties are in posses
sion now and they have eight men EN-
ployed. Heavier machinery and pumps
will be placed upon the ground imme-
diately.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08

year showed: Cash on hand May l,
1908, $4,945.ss, receipts for year from
shipments of ore by company and
~lessees, ~$29,222.26; disbursements, $33,
0s4.1s; balance on hand May l, 1909,
s. ,Os3.96.
Considerable work is being done by
the company, and occasional shipments
are made of ore that will average about
$45 a ton. Four sets of ~lessees are also
at work, but the output from these
leases has been small. As to the future
plans of the company for extending its
own development work on a larger
scale, or the granting of more leases,
that is a question that has not been
definitely decided at present, but some
action will be probably taken within a
short time that will decide upon the
future policy of the company along
these lines.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
SHAFT ON VICTOR SHOWS
PAINTINGS AT 400 FEET

Nearly down to 400 feet, the Victor
shaft on the C. o. ID. Consolidated es-
tate is beginning to show encouraging
pannines. as an indication that the ore
shoot opened on the 800 level, so feet
from the shaft, is probably dipping to-
ward the shaft and permeating the
dyke with values in it's proximity. Sink
ing will be continued until the 4OO
level is reached and a sump established
below it. Then drifting will be started
to open the ore, which it is expected
v;u be found nearer the shaft than in
the level above. As soon as the ore Is
opened here, production will begin from
this level.
No Stopping has been done recently
nm the ore above the 800 level, on ac-
eount of the inconvenience of trying to
hoist ore while sinking the shaft. Stop
inc will be resumed here, however,
when the shaft is completed to 400 feet.
Drifting is under way at the oVo
level of the Nevada Gold Ore lease on
the Gold Bar claim, under the manage
meut of w. II. Stills. The ledge at TINS
point is very strong and promising
and is returning assay values OF from
81 to $3.50 per ton. Drifts VIII DC
driven both ways on the lode, and
Manager Stills is hopeful of catching the
same ore shoot that has been opened
on the Victor workings, some d STAGE
away. This shoot has been opehea TOT
a considerable distance in the Victor,
showing fair milling values with great
persistency, and one shoot carrying
especially good shipping values. There
is every logical reason to confidently
expect good results from development
on the Gold Ore lease, and it will be a.
important piece of news for Goidhei'
when it can be said that 4 strike ha'
been made.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
DIAMONDFIELD PROPERTIES
WILL SOON BE OPERATED

Work will begin within the next two
months upon the Fog Horn and the
Jessie groups, near D~iamondfeld, ac-
cording to the statement of A. Lund-
berg, who own the property and who
now is visiting in Goldfeld. Mr.. Lund-
berg says that the people of Utah are
watching Nevada and Goldfeld closely,
and he is confident that within the next
month or so considerable Utah capital
will be invested here. ~ never had
more confidence in the camp said Mr..
"and the people of Goldfeld
only have to wait until this summer to
witness a strong revival in operations"
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
BUSINESS STILL INCREASING
ON TONOPAH & GOLDFlELD

The report of the Tonopah T. Goldfeld
railroad which has just been completed
for April, shows that the business of the
road is still on the increase, and that
the receipts for the month just ended
are encouraging compared with those of
March.
can the different branches of the
business are increasing said II. K.
Grier, general agent of the road, this
morning. "This is due in some in
stances to the new camps which have
opened recently, while the increase in
the passenger travel shows that the peo-
pie are getting out their money and be-
ginning to move around again.
"The striking example shown by the
rush into Lucky Boy and Hawthorne is
paralleled ON a smaller plane by other
camps. Where the Southern Pacific
heretofore has been unable to find
enough for one man to keep him busy,
at the town of Thorne, about seven
miles from Hawthorne, the force at that
place has been increased lately to four
men, and it keeps them busy all the
time.
cit seems as if all of the second hand
furniture and household goods has been
rushed into Lucky Boy from Goldfeld,
and the business men are still securing
this city for enough to make up other
shipments. The rush into Lucky Boy
has caused much of the increase also in
the freight end of the roads business.
"The force at the local freight office
has been increased lately to handle the
increasing amount of forwarding which
is being lone by the road. The ore ship
ments continue to hold up to the vol
ume set in the early part of last month,
and some weeks exceed those of the be-
ginning of the revival.
"Whiie the March business was bet
ter than that of the preceding months, =
concluded Mr.. Grier, "the business OF
April has surpassed it, and our passen-
ger travel was about $4,000 better dur
ing April than in March,
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
MUCH WORK BEING DONE
IN THE CACTUS RANGE

S. s. Chambers, of San Francisco,
has returned to Goldfeld from a three
weeks visit to the Cactus range, and
reports that things are looking good
there. During his stay in that dis
triet he vas engaged in perfecting as
sessment work upon his group of seven
claims. He reports that the Little
Johnnie mine is shipping good ore and
installing additional machinery.
Mr.. Chambers says that t. l.. Scott,
who owns the Double Triangle property
there has pay rock on the dumps and is
negotiating for a 25-stamp mill. Heller,
on the Turquoise group, has entered a
l4-foot ledge which assays SIS to the
ton. Hook has bonded his claims to
Los Angeles parties. The Old Hundred
property is making plans for exten-
sive development, and has good ore al
62 feet.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
GOOD LOOKING PROSPECT
ON NANCY DONALDSON

A fine looking prospect is being
opened in a new shaft recently started
ON the Nancy Donaldson property, eight
miles east of Goldfeld, controlled by J.
G. Mccormack. The shaft is about
seven feet deep, and is going down OH a
strong vein between a basalt and Dor.
phyry contact. Several inches of
oxidized quartz is showing along side
OF a strong tale streak, and it has the
characteristics of the rich ore that was
taken out from the old shaft several
years ago. In addition to this work a
erosseut is being driven from the bot.
tom Of the 7o-foot shaft, and consider
able surface prospecting is also BEING
done.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
CONTEST PROMISED OVER
MAYFLOWER CONSOLIDATED

Stockholders of the Mayflower Con
solidated Mining company viii hoid
their annual meeting at Rhyolite May
18th, at which time new officials VIII
be elected for the ensuing year and the
policies of the company outlined.
There was a split in the directorate
of the company recently, President A.
G. Eisen of Goldfeld and his associates
on the one side and Secretary John i.
Overbury Of Rhyolite and his friends
on the other.
Tho Essen faction is DESTROYS Of GUST
ing Sydney Addition, the present genera
manage and superintendent, claiming
he has proved that he is not capable OF
getting results from the property, wniie
on the other hand the Overbury faction
is DESTROYS of retaining Addition, under
whose management the present mill was
built and is being operated.
Mr.. Eisen said, in reference to the at
tempt of Overbury to get control:
uMr. Overbury has $4,000 shares OF
stock to his credit on the company :
books. 1 have 100000 shares. also
represent heavy and important inter
ests other than m y owl. l have asso'
ciated with me in the management o.
the company affairs some OF the Des'
known mining men in the country, mel
Of financial and mining prominence
Mr.. Overbury's statement that ! an
irving to ruin the mine, therefor ooe'
not look reasonable, as / and my friends
would be the largest sufferers.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
Circuit Court Of Christian County. Illinois

and ancillary decree of the District
Court OF Yavapai County, Arizona, at
SALE by a Special Master-in-
chancery at the Court House in Pres
colt, Arizona, on MAY 18TH. 1909 AT
1000 O'CLOCK A. M.
IN seven years of operations these
mines produced 35.474 tons of ore which
miiied out $504.S27.69 in Bullion and
sioo,tz4.Ss IN Concentrates, and resulted
IN szio,llO.oO in Dividends being paid
20 lds stockholders besides about $780,
ovo.oo IN Salaries to it's Officers. and
Also aodlng extensive improvements and
equipment to the property from the pro-
eeeas' all while operating fifty miles
from a railroad.
Inc Santa Fe Railway is now extended
70 TINS mining camp from Prescott Arj,
ana this improved means of marketing
me product and obtaining supplies. fo'
gether with an abundance of water. ana
me proposed reopening of large. rednc-
uon works and the establishment Of
extensive electric power all in the i'm
insuiate mining district, makes this
INNING property an interesting pronosI-
ton for new capita,. In litieaftor h.-
tween the stockholders the court has
uecreed that all of the properties and
be sold for not less than
s,o,ovV' ana the corporations Affairs he
civseu up through a receivershin
rartles interested in an investigation
this mining property may Obtain in
iormation concerning its record of pro-
uuctlon and present condition and terms
Of sale from Geo. F. Harrington. at the
Supervisors office in Prescott.
Asizona, or from the undersigned at the
noinourg' Illinois. office of the Company.
B. A. TURNER. Receiver.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
GOLDFIELD GETS DIRECT
EXCHANGE WITH GOTHAM

Direct exchange of drafts between
Goldfeld and New York City has been
arranged by a special committee of the
Goldfeld Stock exchange with w. Z.
johnson, cashier of the John s. Cook d
Co. bank, which will greatly facilitate
the exchange of drafts between New
York City and Goldfeld, saving foul or
five days in time. The custom has been
to send drafts from New York to the
Croker oolworth National bank OF
San Francisco, and then deliver to Gold
field. The same course was followed
back in sending drafts to New York.
Under the old arrangement it required
about twelve days to make the ex-
change, while the new arrangement will
permit the exchange to be made in
seven.
1t has been reported that negotiations
have been opened by the stock exchange
for a direct leased wire to New York,
hut officers of the exchange declare that
such a move is not being considered
Negotiations are, however, under way
with the telegraph company for a more
complete service between the stock ex-
changes of San Francisco and Goldtield.
There is also a proposition on foot to
have the Goldfeld exchange convene at
$50 in the morning, so as to be in
touch with the New York exchange.
This would place Goldfeld in a much
stronger position in the stock market,
and make San Francisco a secondary
factor.
Goldfeld Consolidated stock will
probably be listed on the Boston stock
exchange within a few days. George
Wingfeld states that negotiations to
that end are now under way, at the re-
Quest of Boston holders OF the stock,
and as Mr.. Wingield is personally raw
orable to it, there is every probability
that Consolidated will soon be on the
regular call at Boston, in addition TO
San Francisco and Goldfeld.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
TO MINING INVESTORS

DO you desire an opportunity "a
secure control, or full ownership n
promising properties In the vicinity =,
great properties in the great Goldaeld
ore zone? We offer a number of good
properties, some of which show fns
lodges and values. and we have no doub,
but what mines may DE developed ON,
of these properties, equal perhaps to the
Mohawk. The same character of ora
with large outcrops fair values ara
present on some of the claims We in.
cluded in this offer. Parties owning
properties must realize some money
Terms reasonable. Send your engineers
to examine the ground. Booklet free
Write.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08

I, ouire the same to be designated as
"treasury' or promotion" stock, as
such stock is therein defined, in order
to prevent and discourage the issue and
sale of shares of stock in alleged ''min-
ing corporations formed int promoted
solely for stock selling purposes, and
not owning or possessing actual or pros
pective mineral rights or property suf-
ficient to warrant the innocent pur-
chaser of stock to invest his good money
with the expectation of acquiring any
thing of value.
A Great Stride Forward
Legislation upon any new subject is
Invariably defective in some respect and
this statute is no exception, but it is al
most universally conceded that this act
is a giant stride toward the protection
of the mining company operating and
selling stock in good faith as well as
the stock investing public, and that
with a few minor amendments it will
accomplish the good purpose for which
it is intended.
Notices to Be Published in 1910
i.
Section one of the act requires GER
tain statements to be filed with the
county recorder and attorney general.
There is a diversity Of opinion as to
whether these statements are required
to be filed this year (1so9), or not until
next year (191o); that portion of the
section relating to the time of fling be-
ing as follows:
every corporation owning----
and selling or Offering for side
any of its shares of capital stock shall,
during the months of June and Novem-
Der of each calendar year hereafter
fle,' etc.
If the word hereafter" were
omitted, this question would, Of course,
not arise, hut it being in elementary
rule of statutory construction that
every word in a statute means some
thing and must be given effect, the
word thereafter having for it's ante
cedents the words calendar year it
cannot be said that the legislature
meant June and November hereafter,
Chat is June and November, 1909, else
it would have omitted the word "calen-
dar' or used other appropriate Ian
guage in expressing such an intent. The
word calendar" used in the above
sense is defined by the authorities as
meaning
"the established order of the division
of time into years, months, weeks an1
days"
Words and Phrases Judicially Defined
Blacks Law Dictionary, etc.
The act became effective March 8
1909. 1t says that certain statements
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08

Very promising mining ground on
Gold Mountain, on ledge between I've
vada Empress and Gold Crest Mines,
and only a short distance from inc
Frances Williams Royal Flush claims
(the long lost B~reyfogle mine) VIII DC
leased in blocks to suit on easy terms
to reliable persons, WHO MEAN Buoi
NESS.
Five claims. about 80 acres OF groans'
every claim showing ledge on surface;
Assays $4,000 in gold, also silver anu
lead to the ton each Of two shaIts ~
ready sunk to rs fee from surface. No;
strike rich shipping ore at any sho-
Highly m~ineralized.
Nevada Gold Mountain Mining COMPANY.
Apply to Joseph l.. Hasman, faisSe
Hardware Co, Goldfield; Capt. {. a. 4,
Kinley. Rawhide, or to General Jonn :.
Sheehan, Union League CLUB. san r.S
cisco, or Veterans Home, Napa Counss'
California, or Hon. z. Garter Eo"ai'''
attorney, GOldfield.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08

Some days g Chas. s. Spragu,
wrote to Attorney General Stoddard
asking that certain parts of the new
state mining, or "anti- wildcat law be
explained for the benefit of the genera
public. The letter and explanation sent
by Attorney General tSoddard follows
in full:
Chas. s. Sprague, Esq,
Goldfeld, Nevada.
Dear Sir-Replying to yours Of the
Sd inst. / am enclosing herewith a cir
eular letter regarding the regulation of
mining corporations under the act of
1909, copies Of which have this day
been mailed to the various districts at
orneys.
BY imposing a penalty upon any per
son who shall act as agent for a foreign
corporation, subject to, but not comply
ing with this act, such corporations are
compelled, in order to do business In
this state to strictly comply Herewith.
No person is compelled to act as such
agent or file such statement, therefore
it is incumbent upon such corporation to
file the statement required and to other
wise obey this act for the reasons
stated.
Resident Agents
No person may act as resident agent
Of a foreign corporation unless such
corporation has fully complied with this
act. Very truly yours,
r. c. STODDARD,
Attorney General.
Attorney Generals Office,
State of Nevada.
May 9Th, 1909.
To the District Attorneys of the several
counties of the State of Nevada:
Gentlemen-Many inquiries regarding
the construction of certain portions OF
what is popularity known as the "wild-
cat" bill passed by the Legislature Of
1908 Statutes, page 62) are being re-
ceived by this Office, therefore in order
that you may be advised as to the views
entertained by this Office regarding the
construction of those portions OF this
act which seem to be ambiguous, | beg
leave to submit the following conciu-
sions:
The purpose of the act is to require
mining corporations owning, working
and developing mining property within
the state, and selling or offering for sale
any of its shares of stock, to furnish
certain information as to its affairs and
general condition for the use OF the
public, and also to classify, so far as
possible, the kinds of stock usually Is
sued by such corporations and to re-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
TO BIZ RESUMED ON
GoLDFIEID SOVEREIGN

With the return of g. q. Neucompe'
manager of the Goldfeld Sovereign,
from Lower California, the work upon
the property will be resumed at once
and three men will be put to WORK 70
start things in shape. The property Is
adjoining the Magnet, and contains two
shafts, one of which is down 2oo ieet
and another down IT'S feet, with nun
dreds of feet of cross cuts n drl's'
Mr.. Neueombe says that work VIII be
continued actively, as the owners are
determined to make a mine il the stun
is there.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
NOTICE OF SALE

There will be sold at public auction
at the French residence near the Gold
field Trading & Transfer company of
ice, Columbia, on Monday, June 18th,
1909, at Z p. m. sufficient of the fol
lowing shares of the Atlanta Blake
Leasing company's stock to cover de-
%linquent assessments:
s. w. BROOKS, Secretary.
w. II. French, President.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
FIDELITY TRUST CO.
40 Columbia st. 0oldnsld, Few.
NOTICE.

The principal office of the National
Mining Company of Nevada, was, on
the 23rd day of February, 1909, chang.
ed from Room 203 News Building.
Goldfeld, Esmeralda County, Nevada,
to the second room, in the brick build,
ing at the northerly corner of Fourth
and Bridge streets, Winnemucca, Hum.
boldt County, Nevada, and VIM. S. Bon.
nifeld is the resident agent to have
charge of such office after said change.
April 9th, 1909.
S. w. GUNDAKER, President,
National Mining Company of Nevada.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-08
wTNCFIELD IS PRESIDENT
OF JNo. 8. COOK BANK I

. George Wingfeld was elected :
: president Of the John 8. Cook :
= Co. bank in this city at the annual :
: meeting Of the stockholders satur- :
: dav 70 succeed Senator George >. =
= Nixon, who ~retires from the cor .
: poration. John s. Cook, formerly :
= cashier, was elected vice president :
: in place Of Mr.. w~ingfeld, ana W. !
: E.. johnson was selected as cashier ).
: Melvin Z. Hill is first assistant !.
: cashier, and J. Otto Waltner Is :.
. second assistant. George wing !
= Aeld. John 8. Cook and w. E. John !
= son comprise the board OF diree- :
= tors Tho bank vas reported to be :
= il exeellent condition.