davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20

chase Of stocks, that are scattered
broadcast. In recommending the pur-
chase of stocks there is a great respon-
sibility which the conscientious hest.
tate to shoulder. If any brokerage
houses may properly do this it is only
those of high standing which have care
fully investigated what they offer and
present sound engineering reports to
support their advice.
There must be a reform of the Curb
market whereof the chaotic condition
has permitted scandal after scandal to
arise. The swindler with q wildcat to
sell must not be allowed to find a foot
ing in the market. So long as the
New York stock exchange stands in the
way of a curb organization it devolves
upon that exchange to find a way to
correct this phase of the evil.
The whole stock-jobbing business is
bad enough, Heaven knows. 1t would
be chimerical to hope ever to eliminate
all its evils. Stocks, trading in them
and a place for that purpose are
necessities Of commercial civilization.
1t is inevitable that they be attended
by some malpractices or that a gamb-
ling public create unreasonable valua-
tions that every now and then crumble
away. The stock exchange and the
curb markets are full of mining stocks
that are enormously overvalued and
of many of these the interests are
seeking to make a distribution i. e.,
pass them among the public. But at
least they are not doing SO by deceptive
advertising, and %imploring the public
to come and buy, and to some extent
the public has its eyes open. With
respect to these companies the Ameri
can public will gradually learn the true
basis of mine valuation, as the British
public has learned it, and market
quotations will adjust themselves &C.
cordingly.
But this is quite a different matter
from the peddling of wildcats TO poo
sempstresses or the palming off of raw
prospects upon Woodworking me-
chanics with the aid of the curb market,
the press, "newsletters,' and the RESI-
of the machinery. This is the canker
upon the mining industry that we in
tend to lead the way in cutting out and
we shall have the help of our many
thousand readers who are the brains
and spirit of the industry which the
parasites corrupt.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
Pan COMPANY
WILL RESUME WORK

Operations on the ground owned by
the Peter Pan Gold Mining company,
which has been suspended for some
time, will be resumed just as soon as
a few preliminaries are completed, =
said Charles Grout, general manager
for the company, to a Lovelock Review
representative. "When work is finally
started it will be carried out on elabor.
ate plans and nothing will be left un-
done to put the property on a produc
ing basis in the shortest time possible.
"a shaft has been sunk to a depth
of 200 feet on our territory and as soon
as a little cleaning up is lone we pro
pose to start a crosscut to tap the ledge
which lies a short distance from the
shaft. The ledge which we will drive
for runs northeast and southwest and
cuts directly through the Buckhorn, Red
Top and Peter Pan, Situated near the
townsite of Vernon in the Seven
Troughs district.
"The footwall consists of basalt,
while the hanging wall is diabase n
the filing is jasper and quartz, n
altogether we regard our chances very
favorable for encountering pay values.
! Considerable surface work and work on
the upper levels has been done n
/, occasionally lunches of very rich ore
have been found. Near the surface,
however. the formation is somewhat
broken and the values do not occur
regularly. The ledge matter shows
a width of about fifteen feet and 1t IS
believed that when it is opened at a
greater depth it will be more compact
and the values will be more regular.
Mr.. Grout spoke very encouragingiy
for the future outlook for the big DIS
trict and said the camp presented a
very lively appearance.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
WORK GOING
ON NEVADA CONSOLIDATED

ELY, New, Nov. 1s.-Operations ar,
going ahead at a remarkable rate in
the huge steam shovel pit of the Ne
vada Consolidated-at a rate !hat j,
astonishing to those who are moi
familiar with the gigantic scale OF
which this company s work has beer
conducted at that point, as well as 81
a rate highly gratifying to those that
are personally interested in the entire
district.
That the ore is being carried out by
the trainload and that the trains are
moving steadily through Ely toward
the huge concentrating and smelling
plant in Steptoe valley are facts becom-
ing commonplace to the average resi-
dent of the town, but to see the ac!ua,
labor involved in the transfer of the
great volumes of wealth bearing and
wealth-producing ore is to take away
the element of the commonplace AM
cause the average observer to marvel
at the gigantic extent of this great en-
~terprise.
The rate at which the huge pit is be
ing extended to wider areas, and the
depth that this great hole is being
driven in pursuit of the %sulphides, which
are making the camp the greatest cop
per producing section of the world, is
simply astounding. The steam shovels
are constantly engaged in dipping up
great scoops of the sulphides from the
mass that remains, and dumping up
great scoops of the sulphides from the
steam shovels are engaged in shoveling
away the mass of barren overburden.
Many locomotives of various types are
hauling away the overburden TO the
dumping ground. Others are hauling
the ore in the big steel cars to the
joint where they are parked and the
ore trains are made up to be hauled
down the grade to the shelters; Key
stone drills are pounding through the
stubborn overburden and through the
more easily handled sulphides; tons Of
explosives are being used to shake up
the ground and prepare it for the
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20

real importance has been largely
neglected or overlooked by many
prospectors and operators in the dis
trict who have conferred their efforts
where the best surface o~utcropping of
mineral is in evidence, (which in
reality are conditions not to be ignor-
ed-still the fact that the bodies
might have denuded by erosion, or
may be the terminal blow u of a
transverse fissure or off-shoot should
have due and deliberate consideration;
as much time, money and many fail
ures may be averted by ~conceding the
inexorable influence of the p~orphyritic
intrusion and concentrating their ener-
gies as near as possible to the miner
illogical p~rogenitor of the district.
The management of the Phoebe Gold
en- Prince has maintained from the be
ginning Of it's operations that the ores
ON the Prince Consolidated side of
the range owed their origin to the
same geological conditions as those
in the vicinity Of Phoebe. Prospecting
soon disclosed a large body Of rhyolitic
porphyry with a northwesterly strike
passing through Phoebe King ground
east of the present shaft and thence
traversing the Phoebe Golden Prince
domain for $500 feet; thence through
the Gold & Silver Prince property into
the Abe Lincoln ground where it inter
sects with the Yuba dixie diagonally
and continues northerly to the Phoebe
Metals mine. While the dixie is not ex-
posed the entire distance; sufficient out
crops and exposures are in evidence g
confirm these claims.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
WILL Open Freight
TRAFFIC DECEMBER

"We shall open freight traffic De-
cember | or a day or two thereafter,
declared an official of the new Western
Pacific railway in Salt Lake CITY
Passenger traffic will be postponed
for awhile. We shall probably begin
carrying some passengers about Jan
uary /, but the through passenger trains
may not be put on until April.
"Although we found the Western
Pacific in splendid shape, there are al
ways a number of problems to be solv
ed in opening a new road and we be-
lieve they will be best solved by run
ming freight trains until WI see what
time they make and what if any diff
culties they encounter.
eve made our trip very leisurely
and found that the entire road is at
this moment ready to take trains from
here to San Francisco. We have sub
mitted our tariffs to the interstate com
merce commission and will have every.
thing in readiness to accept freight fol-
Pacific coast points December l. vi
course, we shall continue to run the
mixed trains from here to Elko as W.
have been doing until the through
trains are put on.
while there are a number of ap
continents to be made they will %
announced from our general offices II
the Mills building in San Francisco
We shall not make any appointment
while we are here. We leave Thursday
afternoon for San Francisco
Mr.. Schlacks, vice president OF tn
new road, said that the trip over th'
road was a revelation to him. He be
feves that some of the most attractive
scenery in the west is on the Western
Pacific. This, with the low grades IN
surfing fast time and the magpif'cen'
equipment which has been ordered, WI
make the line one of the most popula
IN the United States. Mr.. Setback
SAID that during the entire trip tn
party lived in his private car and stop
pea wherever they wanted to inspec
anything, consequently the trip too
almost a week.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
QUARTZ sTRINGER CUT IN
NEvADA-FLORENCE SHAFT

A small stringer of quartz that shows
good naturalization has been cut In
the bottom of the Nevada-Florence
shaft, and when greater depth has oaen
attained it will be prospected to see #
i. will lead to a body of ore. The Ne
ada Florence lease is a well-located
block of ground, adjoining the old
Rogers Syndicate and Hall-Florence
leases. The company has but recertly
resumed work after an idleness OF e
number of months, and will again at
tempt to find the ore which it is reason
able to anticipate in this territory.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
HIGH GRADE OPENED IN
PIOCHE GOLDEN PRINCE

PIOCHE, New, Nov. ia tele-
phone message from the Golden Prince
mine this morning conveyed the intelli-
gence that the bedded vein on the 500
had led to a assure, which Manager
George Coke declared, is as fine as any
thing he has seen. The assure lad been
penetrated four feet, with the top, bot
tom, sides and face showing high grade
lead-silver ore. The strike is declraed
to be the best one made on that side
of the camp since the rich assures Of
the Prince Consolidated were opened.
The future of the Golden Prince
mine is conclusively established.
Practically no doubt remains that It
is destined, in the very near future,
to become one of the SUBSTANTIAL and
permanent producers of this great
mineralized district. Developments
made during the past few weeks, IS
viewed from a geological STANDPOINT,
have been immensely important and
doubtless will be of material assist
ance in the rapid and effective ex
ploitation of adjacent mines. The fact
that the Golden Prince has ore on
one side, and the Prince Consolidated
on the other, strengthens the position
of the Phoebe King, which company
like the Golden Prince, is prosecuting
a very vigorous development cam
paign.
While it has long been known that
the igneous intrusion (~porphyry
dikes) were the prime factors OF min
eralization Of the mines which frs
brought Phoebe into prominence, its
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
BERG. Secretary.

Suite IS, 81 s. Clark St., Chicago Ill.
I will be pleased to have you send
me a copy of 1.-THE SECRET OF sue
CESS" FREE.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
GOOD NEWS GROUP OF MINES
SOLD TO NEW WORKERS

An important transfer OF mining
.property was made here last week
when the Good News group OF mining
claims in Rosebud district was soid
by J. c.. Lloyd to H. Otterstedt OF
New York. The holdings are 10 De
transferred to a German syndicate
which will extensively operate the
property under the name Of the Goed
News Mining company. The properly
Is situated in what is known as tue
s,,nbur mine section OF the hosepun
district and is only a short "is'anee
from the Western Pacific raiiroau'
Two shafts, one of forty feet ana an
other of fifty feet, have Deen sun.
on the claims and there are eooo
sbowings of ore, some of when IS s
rich in horn silver and gold.-Loveiocs
! Review.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20

Name
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
THE SORE THAT TESTERS
! ON THE MINING INDUSTRY

Continuing its line Of remarks in
~h;ch it exposed the Vaccinations Of
me George Graham Scheftels & Co.
.ioue with Ely Central and other min
;,a stocks of uncertain value on the
New York Curb, the Engineering and
Mining Journal this week comments on
the general proposition as follows:
schemes to entrap the unwary are not
.oo6ned to mining, but for certain OBJ
v;ous reasons it is mines, real or fcti-
.;ous. that lend themselves most attrac-
lively to this sort of thing, and because
Of the evil practices, mines, mining and
mining stocks are in popular ~disrepute.
Yet the mining industry is one of the
ureat basic industries. 1t is one of the
largest employers of labor; it furnishes
The major part Of the freight that the
railways carry; and in the creation of
wealth it is preeminent. The swindling
scbemes that are attached to mining
nv noxious parasites are a sore upon a
great and noble industry.
This mine swindling is an evil that
far surpasses the pool and policy evils
which public sentiment and the strong
arm of the law have nearly eradicated.
II ia a worse evil because it afflicts a
class of people who are not vicious or
idle. but are honest and Woodworking,
a class Of people that is the backbone
Of the nation. 1t is an evil that sucks
away the savings of very poor people.
The Vaccinations of the gang that we
exposed last week were merely an ex-
ample of what has been, and is, going
on. 1t was a particularly fragrant case.
There are others of varying degrees.
The Curb market testers with schemes
TO inveigle the public. 1t is time to
call a halt to this business.
It would be utopian to attempt to de-
wise plans absolutely to protect the
public from its own folly. But we can
At least eliminate the leading-on Of the
ignorant and unwary. The newspaper
that prints alluring advertisements
which are obviously for such a purpose
aids and abets the evil and does so
knowingly. If the newspapers exclude
this kind Of ADVERTISING a great step
will have been taken. We opine that
a portion of the daily press of New FORK
has learned a lesson and will hereafter
be more careful.
There should, moreover, be a stop to
the "smarket letters of irresponsi-
BILE brokerage houses, advising the pur-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
VICTOR-QUEEN Bee Will
INSTALL A STAMP Mill

SEARCHLIGHT, New, Nov. $50
A. Ellis by the latter part of this week
expects to begin moving the old Home
stake mill, on the Colorado River, up in
to Eagle Wash in the Canyon district
The Bley power boat has been chart
cred and that a big job has been un-
dertaken is evidenced from the fact
that three to four months time will be
required to do all the transporting.
The proposed mill site is one mile dis
tant, with a down-hill haul from the
Victor-Queen Bee mine, which property
this mill is to serve. The mill was
erected several years ago, but excepting
for a run of five of the 20 stamps for
about three months time, it is said to
be practically new. The stamps are un'
usually heavy, weighing 1850 pounds
each. There is also a complete concen-
trating plant.
The owning company of this new en-
terprise is the Independence-Nevad
Milling & Development Syndicate, 81
which Mr.. Ellis is the vice president
A matter of five to six months tim.
will be required to get the plant rams
ferred and to operating.
The Victor-Queen Bee has enjoyed
wide publicity for its ore development
and the completion of the enterprise IL
question gives promise of making thu
most forward step in ore reduction t.
come to its locality.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
PROMINENT mining
MEN INSPECT ELY

ELY, New, Nov. 1s.-A hurried and
superficial examination of the vast cop
per mines at Copper Flat and Kimber
lily was made by sixteen prominent min
ing men and fnanciers this week. These
men. represented a number Of the larg
est copper and financial interests In
the west. They we're particularly
pleased by the showing made in the
district.
Included in the party were Charles
Mcneil, president of Utah Copper
company; d. C. Jackling, general man
ager of the Utah Copper company, Ray
Consolidated, ella and Chino Copper
companies; Charles Hayden, Of Hay
den, Stone and company; Sherwood
Aldrich, president of Ray Con and ella
companies; E. b. Shove, treasurer OF
Ray Con and ella; A. Chester Beatty,
consulting engineer; Judge Babbitt,
general counsel of all the companies
visited by the party except Nevada
Con; Col. C. l.. F. Robinson, Dawson
Hawkins, r. A. F. Penrose, a brother
Of Senator Penrose of Pennsylvania;
John B. Cobb, H. H. Blackmore,
George Bowen, president Of the Victor
Fuel company; w. Henkel Smith,
Charles Farnaham and II. Kuhn, of
Kuhn-Loeb company, bankers, New
York.
The members of the party came to
the district on two special trains, the
first reaching Ely Friday afternoon,
the second, bearing the Utah Copper
company's officers and Others, reach
ing here Monday. The trip to Ely
and the district is a part of their com
prehensive program to visit all of the
big copper producing camps of Nevada,
Utah and Arizona, with possibly a hur-
ried trip to Butte, Montana.
The visitors made a hurried trip
through the great concentrating and
smelling plant at McGill. and were
then taken to East Ely where the train
was sidetracked, and the guests were
entertained at luncheon at the Steptoe
hotel. The afternoon was spent at the
mines, where hurried inspection was
made. Owing to the brief time at their
disposal, the visitors were unable to
90 into details of their inspection as
closely as they had wished.
All that they saw, however, confirm
ed their faith in the district, and
prompted them to expression OF the
warmest appreciation OF the wonders
of the district. They united in fore
casting a remarkable future for the
entire district and declared that Ely
would eventually be the center of the
greatest copper producing section in
the world.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
MAJESTIC CLAIMS FOR SALE.

The Goldield Majestic company else
Where in this issue, advertises Its
GAINS east of town for sale. There IS
. ioO-foot shaft on one claim, with
considerable drifting. The property
Is equipped with machinery and is well
'0eated. 1t will prove a good purchase
III any one wishing to mine in tha'
section as it is promising ground.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-20
FREE
The Secret Of Success
FREE

On receipt of this coupon properly
signed, / will mail you a reproduced
copy in pamphlet form, of "The Secret
of Success This article, written by a
man who has had 10 years. experience
in financial and investment securities
and who has made a great deal of
money, should be read by every one
interested in the subject of financial
success. AS the edition is limited you
should write at once.
The Lake County times., 1909-12-21
DYER

The election of a road supervisor in
this precinct took place Saturday and
proved to be rather tame affair. Only
forty eight votes were cast. Out of
these Nicholas Schmidt got forty seven
as he was the only man in the field.
Ice-making has begun here in full
earnest. A fairly good crop is report
ed, too. at an average thickness of
from eight to ten inches.
Peter ]. Liesen felt of Hammond
made a business trip to our town Sat
urday to visit his customers and sup
ply them for the holidays.
Nicholas Hilbrich of Hammond was
a visitor here yesterday.
Bernard Overhage of Chicago was
the guest of his father here over Sun
day.
Mrs. Theodore Hammer is spending
several days with relatives at Chfca-
go at present.
Mrs. Peter Klein and daughter, Bar
bara, made visiting trip to Ham
mond Saturday.
Trustee Frank4F. Scheidt and the ad-
visory board were at Hammond yester-
day to transact some important bust
ness.
The Lake County times., 1909-12-21
TOLI,ESTON.

B. Frank Martin is Chicago shopper
today.
Miss Beulah Chase of Hobart is Wis
iting with Mr.. and Mrs. Porter May
hew.
Mrs. Osborn of Wanatah is spending
a few days with her son, W. G. Os-
born, and family.
Mrs. E. Culver was Hammond shop
per yesterday.
Mrs. NJ Mendenhall was also Ham
mond shopper yesterday
Mrs. August Braun entertained the
ladies Of the Frauen verein of the
Lutheran church yesterday afternoon.
TIE TIMES PAYS WEEKLY SAL.
ARIES TO NEARLY FIFTY PEOPLE
IN HAMMOND, GARY, EAST CHICAGO
WHITING AND OTHER PARTS on
LAKE COUNTY. THEY SPEND TREIn
MONEY AT HOME. DOES 1T DE-
eERVE YOUR SUPPORTB
The Lake County times., 1909-12-21
RORERTsDALE.

Leonard Rought of Cheltenham spent
the day visiting his brother. William
Rought. and family OF Cleveland ave
nue..
Mr.. and Mrs. Johnson entertained Mr..
Black of Blue Island at their home in
Indiana boulevard over Sunday.
Mrs Ed. Jewett is confined to her
home in Pearl street by illness.
George Dorsch of the fire department
was a Hammond visitor yesterday.
Mr.. and Mrs. Flood of Indiana boule-
ward are entertaining their daughter
from Waukegan, Ill. at their home.
Mrs. ConneIls and daughter. Kath-
crime. of Harrison avenue visited
friends in East Side yesterday,
Mrs. C. Abel and children OF Harrison
avenue were Hammond shoppers satur-
day.
Miss Mills of Chicago Is visiting her
sister, Mrs. E. Buell. Of Indiana bouIe-
ward.
Mrs. NJ Hubbard and daughter. Bue-
lah. of Indiana boulevard were in Chi
rago to see Santa Claus yesterday.
Mr. and Mrs. Roy Warren of Oak
Park were guests at the Rought home
In Cleveland avenue over Sunday.
Mrs Ed. Freese of Roberts avenue
was Chicago shopper yesterday.
Miss zena Market of Harrison ave-
nue. visited Hammond friends last even
ing
Mrs. Erwin Hanson of Roberts ave-
nue. spent the week end in Hobart, Ind.
visiting her parents, Mr.. and Mrs. Neef
Mrs. Charles Flaugher still remains
quite i'll at her home in Harrison ave-
nue.
Knickerbocker Ice company started q
large force of men cutting ice at No.
ice house Saturday.
Edward Klemm of Indiana boulevard
visited out-of-town friends yesterday
Miss Hulda Neef of indianapolis Wis.
tied her sister, Mrs. Erwin Hanson OF
Roberts avenue, Monday
Miss q. STAFF Of East Side was the
guest OF the Misses Martinson of Har-
rison avenue last evening.
Miss Wilma Balm Of South Chicago
spent Sunday here visiting Miss Myrtl,
Soltwedel of Harrison avenue.
The Lake County times., 1909-12-21
HEGEWISCH.

Claude Del Marter of Hammond spent
Saturday evening and Sunday with Mr..
and Mrs. II. B. Reed of Carondulet ave-
nue..
Mr. and Mrs. R. Bristol and children
of Blue Island, formerly of this city.
visited relatives here Sunday
Miss Agnes Mcdonnell of Woodlawn
visited friends here Sunday.
The children of the NJ. E. church Sun
day school will give their Christmas
entertainment in the church next
Thursday evening All the parents and
friends of the children are cordially in
vited to come.
Mrs. J. Box entertained friends at
dinner Sunday. and in the afternoon her
sister. Miss Clara Feidemeier, and a
gentleman friends from Chicago came
in and spent the evening.
Mr. and Mrs. Fred Buckmaster enter
tanned Mr.. and Mrs. Daniel Jordan and
family of Ontario avenue at their home
Sunday in honor of Mrs. Buckmaster's
birthday.
Fay and Bert Lammering were among
the Chicago visitors of this city Satur-
day evening.
Miss Nellie Creede of Englewood was
the guest of Mrs. A. A. Kuss of Ontario
avenue over Sunday.
Mr.. and Mrs. v. A. Beckman enter
tained Rev. Stolz at dinner Sunday.
The Misses Lillian and Athena Doe
were Chicago visitors Saturday even
ing