davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04
STUDY IN MINING STOCKS
UPHOLDs CONSOLIDATED

The first fact that strikes n who is
considering the stock of the Goldieli
Consolidated Mines company, either as
an investment or as a speculation, is
the large dividend which is being dis
bursed each quarter, says the Mining
Record. 1t has been pointed out in the
columns of The Record that the an
nual rate, based upon the two disburse-
ments that have already been made
this year, is greater than the DIVIDENDS
paid by any other mining company in
the United States during 1905, NOT cx-
eepting the Amalgamated Copper COM
pany; greater than the preferred adA
common stock dividends Of the National
Lead company, and equal to more than
66 per cent. of the preferred and COM
mon stock dividends Of the American
Smelling and Refining company, other
wise known as the smelter trust. No
other American gold mining company
approaches the rate Of $~4,250,O0O which
has been established, Is q preser.
standard at least by the Gold6eld Con
solidated directors. Dividends for one
half Of the year have already been
paid at this rate, and it is considered
likely that a similar rate will be fol-
lowed ut the next quarterly meeting Of
the directors, while one nears talk about
the regular rate At the fourth quarte--
ly meeting plus an extra for Christmas.
A further examination Of the Ooldfclc
Consolidated dividend rate, the life OF
the investment and the price of the
stock in the open market il therefore
worth while.
The ~company's capital stock (au-
thorizsd) is 100000 shares, par value
so, or $50, 600, 900. At the date Of the
last annual report there were 3w,542,511
shares outstanding, but this amount
has been increased by the issuance Of
stock to the shareholders Of the sub
sidiary companies which have finally
been absorbed. The amount Of the in
vestment upon which the company ex-
poets to earn dividends il therefore to
be rated 1T almost es6,00o,O 900. The
quarterly dividend rate now in force u
80 cents . share, or 8 per cent; that Il,
9l,0s0.0 oo.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04
F. w. KING GIVES SOLID
TALK ON RAWHIDE MINES

of about $12 per ton. This same boa~
Of ore has been developed in av.-
level of the Mint workings to a ds,,.
of 425 feet and to the line ~
reserve. We intend to construct VA
large ore bins at the old Coal;,;a.
dump, close to Nevada street. VIII
teams can drive up and load with :.
from the company workings, the N;,,
lease, the Grutt Mining, the prosL..
and the Toledo leases. We will Al.
equip the Mint shaft with a compre....
and air drills, and put on three sb;f,.
of miners to drive the develoums,,
work in u reserve from every lsv.,
of the Mint shaft.
"On the Miller, the Truett and ~.
Portland leases on Hooligan hill, tbs,.
are larger bodies of profitable mili,,
ore opened, and the same thing NAV h.
said of the Kearns No. / and Kear,,
No. 2 on Balloon hill. Both of the.
properties are making good production
not only of milling ore but of a good
grade Of shipping ore. Is
Zone Of the most favorable deyelon.
ments in the camp is the Grutt- Balloon
hill lease, near the Kearns No. l. Thsv
are just entering the ore shoot on the
25O-level which has been making a hiob
grade production at the 125 and l5
levels. Returns from a 32-ton shin.
ments have been received during the
past few days, and showed an average
value of $257.20 per ton, or more tina,
$1,000 for the lot. They are now in.
stalling a new hosting plant, and the
main shaft will be sunk from $50 to $50
feet as soon as the plant is ready for
F, operation.
"a. A. Codd is making good head.
way in sinking the shaft on the St.
Ives lease, which is surrounded by the
Grutt- Balloon Hill, the Kearns No. |
and the Kearns No. 2 leases. His first
objective point is the 500-foot level,
where he will crosscut to reach the
Grutt- Balloon Hill vein. Then, under
the terms of his lease, he will continue
sinking to the 1000 level. He has re.
Gently put in a compressor and power
drills, and will soon double his working
force.
"New people are coming into camp
for the purpose of mining, and l now
have on file more applications for leases
than ] ever have at any one time.
Those who have stayed with the camp
through it's trying times now have a
show to be rewarded for their con.
fidence and labors, for they will now
have a chance to get a market for their
mill ores, where in the past there was
no profitable outlet for them. / have
every faith in the future of Rawhide,
which has been injured by boom,
ing of mining stocks, as well as having
several other hard blows to contend
with, including financial stringency
fire, knockers, and peculiar geological
conditions which were most difficult to
figure out"
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04
NINE INSPECTOR STUART
TO ISSUE GREAT REPORT

one-fourth of the entire mineral wealth
Of the world and that her vast min
eral have hardly been
touched.
Each county is described as to e1'
tent, geographical aspect and geolog'
zeal condition. Each district is descrlb-
ed in a similar manner. Nearly every
producing mine in the state is described
in detail. The extent of the work done,
the amount of precious metal recovered
or in sight and tie details of operation
in a general way are included.
The tone of the report is in favor
of the undeveloped resources without
any attempt at advice regarding meth
DDS to be pursued or costs of develop
ment. The fact that a certain resource
is present and should be developed IS
stated, together with the location and
extent of the body to be developed. Al
a compendium of information on the
opportunity for future activity the re-
port is simply unsurpassed. Nevada Is
fortunate to have in Ed Stuart an ON
eial who has risen to the occasion ano
has performed a labor for his state
no man has heretofore taken upon MN
self to perform. In addition to Dis
address before the congress his report
will he circulated in Goldfeld ana
mailed broadcast. 1t will form the
basis for his more intimate and PEI
sonal report to the governor at the END
of the term and will be a valuable thing
for all time to come. -Tonopah Miner
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04
DID GELDER SLIP PACKAGE
TO PEOPLE OF YERINGTON?

The Yerington Times is wondering il
W. l.. Gelder, one time a Colorado poll
tieian and later a Goldfeld mining CD
orator. now of Broadway, N. Y.,n mas
quietly slipped a package to Yerington
and gathered in a large and valuable
territory that is rich in copper. The
Times says: u
"You know the bridge crossing the
Walker river to which the ~macadamized
road leadsi Have you ever stood on
the railing with a good field glass and
taken in the surrounding country; the
wide green sheet Of fertile soil extend
ing south thirty miles to where it but
tons to the foothills Of the Sierras; the
Yerington Copper and Butte Yerington
in the low hills across the valley to the
east; the road to Wabuska fringed with
shade trees and green fields ON either
side, and to the west and above you, the
properties of the Reno Yerington, Blue
stone and Mason valleyi Between the
bridge and the Bluestone and where
the opalescent river with countless little
falls leaves the Y~erington range, 1t sep
arates from the valley, are the CORFU
gated copper fields, that fan-iike piece
of ground containing about 5,OOO acres
and strewn with red and green ban
ners OF oxidized ores.
'.It is rumored that in the large ex
oavatien lack of tGe ruins Of the old
mill. situated near the center Of these
fields, Mr.. Smith, better known as Borax
Smith, received his start in life. Mr..
John Gallagher and Charles w. Lane
made their shipments to Virginia City
from the Mcconnell and the Bluestone,
but they are credited with owning
claims adjoining the mill. Mr.. Gala
CHER, about that time, came into promi-
nence as a leader in the State legisla-
ture, and to this day he chuckles over
joking old time Nevadans, with his own
desires, before becoming an American
citizen.
1.-TWO years g Mr.. Gelder Of AZ
Broadway, purchased fifteen claims in
the heart of these fields and by means
of keystone churn drills, succeeded in
boring seven holes, ranging in depth
from 500 to 1900 feet. The contractors
employed made no comments, and when
answering questions simply shrugged
their shoulders. What became of the
core, no one knows, it never was ex
hibited, but the impression gathered
was that the experiment proved disap-
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04

The report being compiled by State
Mining Inspector Stuart will be the
first complete report ever made or the
mineral resources and production Of
Nevada. 1t takes up the whole state
in detail, by counties and by districts.
1t gives the authenticated figures Of
production from the first activity until
the present day. Stuart has delved in
to ancient files of newspapers, into old
reports, into laws and into every rec
ord that would give him the slightest
information about the subject he is
treating. Mines that produced millions
years ago, some that have ceased to
exist ven in memory, districts that
once were fourishing and are now be-
ing ~reopened, facts and figures by the
column and page are included in the
work and when it is completed, print
ed and circulated, Nevada will have a
hand book that will form the basis for
all future compilations on the subject.
The Importance of this work can
only be realized by a perusal of the
report itself and the inspector is en-
titled to a vote of thanks from the
whole mining industry of the state for
his arduous labor. Stuart is to deliver
an address at the mining congress at
Goldield. He has entered heart ami
soul into the work of showing the con
gress that Nevada is the greatest min
district in the world, bar none. His
figures show that Nevada has produced
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04

Katherine Gehrett and Florence Parker,
fifth grade; Mabel Ashley, fourth AID
Afth grades; Julia Post, third grade;
Augusta Gillespie, second grade; Bess
Van Auken, first grade.
Mclaughlin School vangeline An
schuetz, principal, sixth and seventh
grades; Irene Rousch, third grace, Ina
b. Wheeler, second grade; Lula +. Reel
first grade.
West Side School, loreucs Dinegan.
Special Observation-Disclosures Ge.iett
drawing; Florence Parker, physical
training; Sarah Strain, music.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04

Z. ". King, president of the Raw
hide Coalition Mines company, has besn
spending a few days in Goldheld on
the trial of an adverse case in court.
Mr.. King is of q type Of mining man
that believes solid and persistent work
in development is the only way to make
a mine, and his personal statements CT
the outlook in the district are conser-
~vative. but at the same time optimistic,
and reflect good reasons why Rawhide
can be expected to make good as a mill
ing camp, without regard to the bodies
of high grade that are frequently en-
countered.
az am satisfied that Rawhide is des
tined to enjoy a long and active period
as a milling camp said Mr.. King.
1.-TWO mills are now running success
fully. the Murray mill which was re-
Gently taken over by the management
of the Victor lease IN the Coalition
estate. and the King Heisner mill, in
which the Rawhide Coalition and the
Rawhide Queen companies recently
purchased control, and l have become
vice president and managing director
of the milling company. Rawhide has
large bodies of good milling ore, and
these two mills will furnish a profitable
outlet or market. / have not yet form
ulated a milling schedule, and will not
until / rave made thorough tests on all
the ores of the district and determined
lust what we can treat it for, but the
lowest possible rate will be made when
] know exactly what we can do. The
capacity of the mill is % IS ons per
day, but we have decided to double it
without delay. The present plant cost
approximately 800 900, and the i'm
provements will cost $4,000 more.
"The Watt and Weiss mills are not
being operated at present, as there
seems to have been some defects in the
kind of machinery that was installed,
hut these defects may be remedied some
time, and the mills again put in com
mission.
"The Victor lease has a large ton
mage of milling ore blocked out and is
keeping the Murray mill pounding on
an average grade of $1S per ton. ]
understand that a cyanide plant will
soon be added. The ng-Heisner mil
will be run exclusively on lessee and
company ores from the Coalition and
Queen properties. Development worl
on company account will be undertaken
through the Mint lease shaft on Grutt
Hill, which is now $50 feet deep, the
terms of which lease permit us to carry
on company work through this shaft
Adjoining the Mint, the Marigold and
Grutt Mining leases we have reserved
five blocks of ground through which
pass the same system of veins that are
being developed with good results in
the leases mentioned. We are now
driving in ore from the 300-level of the
Mint lease, and repeated sampline
shows that the ore will net an average
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04
GOLDFIELD SCHOOLS BREAK
ALL ENROLMENT RECORDS

Goldfeld schools broke all frst-day
records Monday, with a total of 654 stu
dents enrolled in all grades-the heav-
lest enrolment ever placed ON the
school books on the first day of a
school term in this city. In the kim
dergarten alone are As little pupils,
and all departments of the school are
well filed already. The school officials
figure that the enrolment by the end
of the first month of school will be
500, as school began much earlier this
year than usual.
Monday was a busy day all around.
In the morning the teachers were en-
rolling the names of their students, an
filing out the books wanted on requisi
ton blanks, as today, for the first
time, the grade students received their
text books free. The high school pu
pills received their books at actual cost,
through the school board. As fast
as the acquisitions for books were filed
they were sent to officials in charge os
them. This afternoon the books were
delivered, and tomorrow all depart
ments of the schools will be running
smoothly, and lessons and ~recitations
will be the order Of the day.
The streets we're full of little people
morning, noon and evening, going to OF
from the schools, and judging from
the expressions on their faces they
were not sorry that school had com
menced again.
The Teaching Force
On Saturday the teachers were 81. en-
their assignments and the teaching
staff as is is now lined up 10 as fol-
lows:
High School-Charles Il. Ova;man,
principal and science; Cora NJ. Paine,
English; Laura A. White, history; Max
Esternaux, languages; Abigail N. Cue,
mathematics; r. C. Wilton, Latin
Charlottesville Meighan, eighth
grade; Nina T~regallas, fourth grade;
Lois b. White, second grade; Edwina
Alan, first grade; Adelaide Ashley, kin
dtrgarten; Jane Hopkins, kindergarten
assistant.
sundog School-Thors Paulsop, priu.
cipal and sixth and seventh grades;
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-04
YugB STATIONERY

Tho finest Of box stationery, fancy
and staple, at the News Stationery
store.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1909-10-29
Selling Prices.
Oct. 22-29, Nov. 5.
ORnER EOR LEA lMG ON HI

Oct. 22-29. Nov s.
ORDER FOR HEARING ON CLAIMS.
STATE OF MINNESOTA. County of
Blue Earth.-ss. In Probate Court
In the matter of the estate of Lowry
Hook, deceased.
Letters testamentary on the estate of
said deceased being thIe day granted
unto Mary e. Hook of said county
1T is ORDERED. That all claims and
demands of all persons against said es-
tate be presented to this court for ex-
animation and allowance, at the probate
Blue Earth County, on the following
day. viz:
Monday. the 18th day of January. A.
d. 1910 at ten o'clock in the forenoon
of said day.
IT is FURTHER ORDERED. That
three months from the date hereof be
allowed to creditors to present their
pration of which time all claims not
presented to said court. or not proven
to its satisfaction, shall be forever bar
red unless for cause shown further
time be allowed.
ORDERED FURTHER. That notice of
the time and place of hearing and ex-
animation of said claims and demands
order for three successive weeks prior
to the day appointed for such examina-
ton. in the Mankato Free Press a
weekly newspaper printed and published
at Mankato, in said county.
Dated at Mankato, the 18th day of
October, A. D. 1909.
BY the Court,
VIM. F. HUGHES,
Judge of Probate.
probate Court Seal)
Jno. G. Noe,
Atty.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1909-10-29
Oct 22-29 Nov. 5.
ORDER FOR HEARING ON CLAIMS.
probate Court Seal.)
Benjamin Taylor,
A ttV

STATE OF MINNESOTA. County OF
Blue Eartb-ss In Probate Court.
In the matter of the estate of Archi-
bald d. Crane, deceased.
Letters testamentary on the estate Of
said decea sed being this day granted
unto David Crane of said county,
1T IS ORDERED, That all claims and
demands of all persons against said es
tate be presented to this court. for ex-
bate office in the City of Mankato in
said Blue Earth County. on the fol-
lowing day, viz:
Monday, the 18th day of April, A. D.
1910, ait ten o'clock in the forenoon Of
IT IS FURTHER ORDERED. That
six months from the date hereof be
allowed to creditors to present their
claims against said estate. at the ex-
piration of which time all claims not
presented to said court or not proven
red unless for cause shown further time
be allowed.
ORDERED FURTHER. That notice of
the time and place of hearing and eX-
animation of said claims and demands
shall be given by publication of this
order for three successive weeks prior
to the day appointed for such examina-
ton, in the Mankato Free Press a week.
ly newspaper printed and published at
Mankato, in said county.
Dated at Mankato, the 18th day Of
October, A. D. 1909.
By the Court.
VIM. F. HUGHES.
Judge Of Probate.
probate Court Seal)
w. r. e c. w. Geddes.
AttyS.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1909-10-29

NOTICE OF FORECLOSURE SALE.
WHEREAS, default has been made in
the conditions of that certain mortgage
executed by Edward FrenZel (unmar-
rieD as mortgagor to the Mankato
Savings Bank. corporation, as mort
gage, dated the 18th day of December,
A. D.. 1905. and recorded in the office
of the register of deeds in and for the
County of Blue Earth and State of Min
nesota, on the 10th day of December,
a. D., 1905 at 1870 o'clock M, in
book 40 of mortgages on page 305, upon
which there Is due and claimed to be
due at the date of this notice the sum
of three hundred ninety and 21100
(390.2D dollars;
Now therefore. notice is hereby given
that by virtue of the power of sale in
said mortgage contained and the stat
utes in such case made and provided
the said mortgage will be forecloSed by
sale of the premises, to be made at
, public auction by the sheriff of Blue
Earth County, Minnesota, at the easter
ly front door of the court house in the
City of Mankato. Blue Earth County,
Minnesota, on Saturday, the 9Th day of
November, A. d. 1909, at 2 o'clock in
the afternoon. to satisfy the amount
which will then be due upon said mort
gage, the costs and disbursements of
sale, and taxes, if any, paid by said
mortgage, together with twenty five
| (25) dollars attorneys fees stipulated to
| be paid in case of a foreclosure of said
mortgage. The premises described in
said mortgage and so to be sold are all
! that tract or parcel of land in the
County of Blue Earth and State of
minnesota, described as follows. to-wit:
! The south ten Q0) acres of the west
fourteen O4) acres of the south twenty
! (20l acres of the southeast quarter
! (SEA) of the northwest quarter (NWA)
| of section 10. in township 10S north of
range 26 west. according to the gov
eminent survey thereof
Dated this 22nd day of September, A
! d. 1909.
MANKATO SAVINGS BANK,
| Mortgage.
BENJAMIN Taylor,
ATTORNEY for Mortgage.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1909-10-29
STOLE FR0MAHO
TWELVE DOLLARS IN CASH, WATCH
AND CHAINS TAKEN.
House Was Ransacked During the Abb
sence of Mr.. and Mrs. w. w.
Davis; Two Men Attempted to
Gain Entrance at the Homer
Daniels Residence; Frightened
Away BY a Normal Student.
From Mondays Daily.

From Mondays Daily.
Bold burglars made their way into
the residence of w. w. Davis on State
street last evening, stole $l2 in cash
and a. gold watch and two chains be-
longing to Mrs. Davis. They left no
clue. Mr.. and Mrs. Davis were alb
sent from their home between five and
nine o'clock, and it is believed that the
robbery occurred during those hours.
On their return, Mr.. and Mrs. DAVIS
discovered that burglars had been there
and Mr.. Davis notified :. the police sta
ton at once. This morning about eight
o'clock Officer Edwards was ON the
scene to make an investigation.
The house was ransacked by the
burglars. Dresser drawers were turned
upside down and the place presented
scene of wild confusion and disorder.
the burglars broke the lock on the
door at the side of the house and
easily gained an entrance.
The watch stolen was one that had
been presented to Mrs. Davis by her
brother number of years ago, and
was valued at more than 500. One
of the chains was short one and the
other was neck chain.
Visited Homer Daniels Home.
The residence of Homer Daniels on
Marshall, near State street, would
have been entered also had it not been
for the presence of Archie Tanner, a
normal student, who observed a cou-
pie of fellows at work trying to pry
open one of the lower side windows.
Mr.. Tanner and Miss Daniels were
seated near the window, and when Mr..
Tanner saw the mental and short
he at once stepped to an open door
at the rear of the house. The men
were headed that way also, but when
they saw Mr.. Tanner standing in the
doorway, they ran, disappearing in the
darkness.
This happened close to 1870. The po-
lice station was notified, but it is not
known how soon thereafter an officer
was on the scene, or whether one was
sent to make an investigation of the
affair."
Miss Daniels stated today that she
believed she could identify the men.
No doubt they are the same men that
robbed the Davis residence
About two o'clock Sunday morning
burglars tapped the till at the Clifton
house, securing between So and 81.
They got to the till while the night
clerk was busy in room adjoining
the office. A couple of fellows were
detained at the police station, but the
night clerk could not identify them.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1909-10-29

sale of the premises, to be made at
public auction by the sheriff of Blue
Earth County, Minnesota, at the easter
ly front door of the court house in the
City of Mankato, Blue Earth County,
Minnesota. on Saturday the 4th day of
December, A. d. 1909, at 2 o'clock in
the afternoon, to satisfy the amount
which will then be due upon said mort
gage. the costs and disbursements of
sale, and taxes, if any, paid by said
MORTGAGE, together with fifty 600 dol
lars attorneys fees stipulated to be paid
in case of foreclosure of said mort
gage. The premises described in said
mortgage and so to be sold are all that
tract or parcel of land in the County of
Blue Earth and State of Minnesota, de-
scribed as follows, to-wit: the southwest
quarter of the northwest quarter (SWA
of NWA) of section sixteen (16), town.
ship one hundred eight (10o) north of
range twenty-siX $3.50 west, according
to the government survey thereof
Dated this 18th day of OCTOBER, A. D.
1909.
MANKATO SAVINGS BANK,
Mortgage.
Benjamin Taylor,
Attorney for Mortgage.