davidaulloa/AmericanStories huggingface dataset:
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
URANIUM DEPOSITS FOUND
12 MILES WEST OF HART

What is thought to be the most I'M
portant uranium discovery IN recent
Years has Just been made by DIR. W. j..
Murphy on a group of three claims TO-
Gated in the foot hills OF New York
mountains, about II miles west of Hart,
saws the Enterprise. The ore occurs
in calcium phosphate, and an analysis
made by w. r. Meade of Barnweli
shows IL per cent uranium oxide. AS
uranium oxide is quoted at $500 per
mound the market value of the ore Is
$40 per ton.
Besides running high in uranium tho
ore carries S72 in gold and 10 ounces
in silver to the ton. The ledge matter
Is hematite of iron and the assure cut
the sandstone formation in a north
westerly and southeasterly direction
The iron capped outcrop can be traces
ON the surface n distance of 1900 feet
As vet there has been no work don
ON the property outside OF surfae'
prospecting.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
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The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20

Carson, March 1%6.-Judge Bartine,
chairman of the state railroad commits
sion received word Saturday from the
secretary of the interstate commerce
commission that the hearing of the
Rene shippers against the Southern Pa
cifc and Nevada California railroads
would be held in Reno March 20, and
asking that a suitable hall for the hear
ing be provided.
This is the news for which the com
mission has been waiting and prepar-
ing evor since the brief in the case was
filed. That the announcement comes
SO quickly after the Spokane decision
is believed to augur an early decision.
The Spokane findings, creating as they
do IA precedent, are believed to fore
east a favorable decision in the Reno
case since the latter is far stronger
and shows, according to the com
plainants far more depressing over
charges than the complaints made by
the Washington city.
Among other showings made in the
brief are the following:
That the Sacramento merchant can
buy goods in Chicago, ship them di-
rectly through the said city of Reno,
over the heavy mountain grade to the
said city of Sacramento, then back
again over said grades through the
city of Reno, a second time, and un-
dersell the Reno merchant at Elko,
Winnemucca, Goldfeld, Tonopah, )r
any other consuming points within
the state of Nevada, served by the de-
PENDANT companies lines.
On goods of class / of the ~classifi-
cation now in effect the rate from
New York to Sacramento is So per
hundred, to Reno the charge is 1929,
the $1.29 representing the back haul
charge.
The same goods delivered at Sacra-
mento at So can be reshipped to Gold
field, Nevada, at $2.SS, making in all
$5.SS per hundred. If stopped at Reno
and there reshipped the charges
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
TALLMAN BANKING ACT
PROVIDES A STATE BOARD

The Tallman banking act now in the
Nevada legislature vas prepared by
Senator Tallman and Attorney General
Stoddard, after many days of research
and comparison with the banking laws
Of Oklahoma, Nebraska, Wisconsin,,
California and other states. According
to Senator Tallman it provides a COM
pltte and comparatively inexpensive
method of bank supervision by a state
toard appointed by the governor from
among the experienced bankers OF the
state, each of the board to be chosen
from a bank having a different capital
~iZation. One member from a bank haV-
ing $4,000 or less, the next from a
hank having between fifty and a hun
dred thousand, and so on. The govef-
nor is chairman.
The board appoints a bank examiner
who must nave had at least three
years actual experience as a practical
banker and furnished a bond of $4,000.
The salary of the bank examiner IS
| $4,000 per annum, while the members
of the board receive only their actual
travelling expenses when meeting IN
regular session at Carson City. The
act provides penalties for every viola
ton of its provisions and in addition
makes directors civilly liable to per
sons injured by the wilful negligence
of such directors.
Every bank must incorporate und,r
the laws of Nevada and obtain a
license from the state board after an
examination and report by the bank
examiner. The paid up capital stock
and surplus must in each instance be
kept up to a certain amount accord
ing to the population of the city OF
town wherein the bank is located. A
certain amount must be at all times
kept on hand as a reserve fund, and
unless the same is maintained at sucf
figure no new loans can re negotiated
or dividends declared.
No bank can permit its loans ane
investments to exceed in the aggregate
eight times the amount of its capital
neither can loans lie made to officer,
or directors except under certain eoi
d~itions. No single corporation, hrn
or individual may borrow more thar
20 per cent of the amount of the paia
up capital stock. No branch bank eai
be maintained in any other city OF
town, nor can any bank except savinc'
banks, hold more than certain
mount of real estate.
A complete method Of guaranteeing
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
TOWN WILL TAKE NAME
OF FAMOUS HUMORIsT

Years ago Mark Twain lived IN hum
boldt county, Nevada, near the point
where several well known Salt Lake
capitalists are bringing TO life a new
town. In honor of the famous humor-
ist. the Salt Lakers have named the
new mining town Twain, and they ex
peet it TO be as successful in its sphere
as Marek Twain was and still is IN ms,
saws the Salt Lake Tribune. rwaih
will be the metropolis of the BLACK
can ountry, which contains the In
dian Ike, Golden Stairs, Nevada-Hum-
boldt and other well known mining
nroperties on which recent strikes nave
eapsed considerable excitement and IN
terest. George Wilson of Salt Lake
who is now seeing to shaping things
nm for himself and local associates
writes that the work Of laying OUT
Twain is going forward with rapidity
The properties being operated stu arr
looking fine, and Mr.. Wilson expects V
be sending in some mighty good "or'
from the Indian Ike soon.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
COMMERCE COMMISSION TOHEAR
NEVADA FREIGHT RATE CASE

F, would be 1920 from New York t.
Reno and $2.14 from Reno to Gold
field, making $6.43 per hundred, and
giving the Sacramento merchant 8
clear advantage of 80 cents a hun
dred.
On the same goods shipped from
Chicago, ILL.,, to Sacramento and thence
lack to Goldfeld, the charges are the
same, j. e., $5.SS per hundred. Shipped
via Reno the charges are, Chicago to
Reno 1890 per hundred. Reno to Gold
field $2.14, total 1904, an advantage of
Ii cents on a hundred pounds in favor
of the Sacramento dealer. >
When these matters were brought to
the attention of the commission, a re
quest for reductions was filed with the
railroads, as follows:
First, on ear load lots from Colorado
points, Missouri river points and all
points east to Reno, twenty-five (25)
per cent of the present commodity
rates.
Second, on less than car load lots,
twenty (20) per cent of the present
commodity rates for the same points.
Third, in all cases where the pres
cit back haul charge is less than 80
cents, reduce to actual terminal ex-
listing rates.
Fourth, on all class rates now in eff
feet, reduce fifty (50) per cent of the
present back haul charge.
These pleas were ignored and the
suit was filed with the Interstate com
merce commission, which is now ap-
preaching it's hearing. The state com
m~issioners, Judge Horace Bartine, j.
F. Shaughnessy and Professor +. Thur
tell, have made the most minute prep
arations possible for the winning of this
suit. With the assistance of Frank Me
Cune, the freight rate expert whose
efforts resulted in the victory for Spo-
kane, every point that can be raised
by the railroads has been meet and un-
less some side issue is injected into the
matter, the discrimination is shown
absolutely.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20

deposits is provided by levying an
assessment against the capital stock
of ] per cent of the Tally average de-
posts for six months last past, based
upon the sworn statements of the Of
f%icers, which are required to be filed
within 80 days after the act is eff
~fective. On January l, 1910, and July J.,
1910. an assessment of half of / per
cent is likewise levied against each
bank. These assessments will be
sufficient to raise a depositors guar
anty fund of approximately 100000
by July /, 1910, after which time Il
semi-annual assessment of one-twontieth
of l per cent is levied.
Provision is made for pro rating
and equalizing the assessments levied
against banks hereafter organized.
The guaranty fund is set aside in
every bank and whenever necessary
the board may draw upon the same
pro rata against all banks according
to the amount necessary to pay de-
positors the deficiency remaining after
the assets in an insolvcnt bank have
been distributed to the depositors.
1t is made a felony for any Office,
of a bank to permit the diversion OF
wrongful use of the guaranty fun
set aside in his bank. Whenever IT
shall appear to the board that the
capital of any bank is impaired, OF
that it is conducting business in an
unsafe or unauthorized manner, such
facts shall be communicated to the
attorney general who is then author
lied to make application for a re
ceiver.
The receiver is allowed from So t,
so a day and reasonable attorney
fees to be paid by the bank. The act
fixes a proportion between the capita
and surplus on the one hand, and th'
loans on the other, thus preventing :
bank becoming top heavy with de
p%osits. The depositors are proteete'
by the margin formed by the capita
and surplus.
The danger of failure is great.
lessened as the act compels an inereas
in capital or surplus to correspond wit
increased deposits. The fixing of
criminal penalty prevents overloanina
which is the cause of failure nearl.
every ease of insolvency. While it ;
conceded that no legislation upon thi
subject can be absolutely perfect, ye
this measure is a long step toward bet
ter banking.
The regulations are reasonable an
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
SEVEN TROUGHS IS MAKING A GREAT
SHOWING FOR A YOUNG MINING CAMP

il is the lest Illustration that we have
had of the extension of the vein sys-
TEN to the north. The vein on which
Mr.. Reagan has opened his rich shoot
is the Badger Hill vein from which Mr..
Preston is operating his mill to such adj
vantage ON the English-G George lease.
The vein crosses the gulch from the
Badger Hill and has been opened up
on the Gold Chain where some very
good values have been obtained. Then
the vein is picked up again a mile to
the north on the Silver Pick group, and
it is found further along in Wild Horse
CANYON on the Morrison oiter lease OF.
the Golden Horseshoe, where they have
secured values as high as 1892 a ton.
They are now sinking on the Morrison
Molter to a depth of 2o0 feet. From
this holding the vein has been picked
up by Mr.. Reagan on the Wild Bull and
some of the coarsest gold that was ever
found in the district has been developed
in the paintings. In the shoot that has
been opened up by Mr.. Reagan there
are fully three feet of ore which Will
average between $50 and 500 a ton, and
in this there is a ten-inch streak which
will 90 better than 800 a ton. And
besides this there is a seam running
from half an inch to three inches IN
width that carries very high grade
rock, ore that will go into the thousands
of dollars in values.
The same vein has been found on the
J.. and b. group still further to the
north. and there is no doubt that de
velopment here viii produce just as
rich shoots as have been opened up on
the Badger Hill, on the Morrison Molter
and the Reagan. The findings give at
least a two mile length to the remark
able vein.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20

Hill Top, New, March l9.-The see
ond shipment from the Philadelphia
Western, consisting of 40 tons, is now
on its way to the smelter in Salt Lake,
and the company is preparing a third
shipment that will exceed both in guam
tity and quality it's predecessors. The
estimated value of the second shipment
is about 1915 per ton. The net returns
from the first twenty ton shipment made
from this property YVES $6,5so, or $329
per ton. The value of the second con
slgnment is undoubtedly much greater,
and the management would not lie sur
prised to find it running as high as
1900 per ton. rhis shipment with the
~ tons of the Hin Top mine that Will
average 500 per ton makes Hill Top "A
camp to lie recKoned with in the future.
1ttring Out the Ore.
Had this district been discovered in
the boom days, it would now have d
population of several thousand people
and its name would be as familiar to the
investing public as vas that of Man
haitian or other southern camps. The
people who W the two principal prop
critics here are also owners of the town
site. and it is amusing to note their
Indifference when the future of the
townsite is discussed. "Let the town
take care of ITSELF" said one of the
owners the other day. 1--WE have all
we can handle in operating and getting
the ore out of our mines.' That is the
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20

Mazuma, Seven Troughs district,
March 10 Within the next month
Seven Troughs will boast of II ship
ping properties; there are now in the
camp seven shippers. These are the
Seven Troughs Mining company (Fair-
view, kindergarten mine (Seven
Troughs Coalition company Mazuma
Hills Mining company, Wihuja lease,
Harris lease, Reagan lease and the Bad
ger Hill or English George lease. BY
the time that the big mill for the Lon
don syndicate is completed the follow
ing properties will be ready to ship,
some of them in fact being ready at a
days notice: The Signal Peak Mining
company, Hero Nevada Mines com
pany, S~nowsquall, Cleghorn lease and
the new Reagan lease on the Wild Bull
claim in Wild Horse canyon.
This is a pretty good showing for any
mining district, more especially when
it is taken into consideration that the
mills are here for the ore, not on paper
nor in prospect. There are now three
mills running and the fourth, that of
the English syndicate, will he ready for
operation in a month at the latest.
Seven Troughs is a high grade camp,
hut there are besides the picture ore
| great bodies of milling ore, ore of Il
grade which would be naturally ship
ping ore in any other camp, where tn,
facilities for crushing were not to &c
had at home.
The kindergarten shaft of tbs
Seven Troughs Coalition company II
down now 290 feet, and it is expected
to cut the celebrated KindergarteI
vein at a depth not to exceed 300 feet
The vein would have been cut before
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
HILLTOP MINES SHOW HIGHER VALUES
WITH EACH ADDITIONAL SHIPMENT

, tunnels with a force of 16 men. Sew
eral stringers have been cut that show
good milling values. The east tunnel,
however, is being driven as fast as pos
sible toward the contact on the main
ledge where sinking will IN to
a depth of 200 feet. The company con
tinues to sack and ship the dollar-a-
pound rock, and have several tons of
it besides the twenty ton of very high
grade, which marked their second ship
ment.
Simpkins brothers have discovered "a
rich ledge one and ~one-quarter Eiles
east of camp that pans remarkably well
across two and one half feet. This dis
covery demonstrates the fact that the
district may develop values along the
northerly and southerly ledge trend for
four or five miles.
Pay Roll Is Good.
Yesterday was pay day in camp,
about $1,000 being distributed among
the miners by the Philadelphia Western
and the Hill Top companies. The town
presented a scene of the usual activity
common to mining camps when there is
a plentitude Of the paper issued from
the bureau of engraving.
Another stage line entered the field
last week and we now have three stage
lines and one auto company taking care
of the new corners.
The camp is growing rapidly and
many leasers are taking over ground
as fast as they can prevail on the com
panies to grant them.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
(By Joseph S. Jordan.)

Lut for the fact that it has been
Strengthening up for the past several
feet. This vein has been pretty thor
oughly explored by tunneliing and drift
ing, and once it is cut by the main
working shaft there are going to be de
velopments in the kindergarten worth
while. Connection has been made with
the air compressor of the Wihuja, am
there is nothing to interrupt the carry
ing out of the work. From the Kinder
garten have come the same rich punches
which have characterized the upper AMI
lower levels of the Fairview and which
is also now being hoisted from the
Wihuja lease.
The Wihuja is getting another ship
nlent ready for the kindergarten mill,
and a shipment will be made as soon as
the cleanup of the Harris lease ore
takes place which will he early next
week. The Wihuja is hosting ore from
the 375-foot level, and it is believed
that the next cleanup will he the rich
est of thom all. Not two weeks ago
they cleaned up 81 tons which Melted
$500 approximately, which was an
average of 1923 a ton, and the ore that
is now coming from the mine promises
even better returns. At the $40 they
are stopping on one shoot and drifting
on another, one being the kindergarten
vein and the other the Wihuja lead. 1t
is expected and with good reason that
these two veins will come together at
another level, in the event OF which
the Wihuja must he reekoned with al
: one of the great mines of Nevada.
The strike which has been made on
the new Reagan lease on the Wild Bull
is one of the most important occur
rences in the camp. 1t is not only q
good thing for that one property, Du'
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
ANOTHER REDUCTION PLANT
IS PROJECTED FOR BEATTY

The International Ore Treating Ma
chinery company of Los Angeles, which
is represented by w. S. Taylor, at Beat
ty, will put in a plant at Beatty, says
the Rhyolite Herald. A company has
been formed to erect works with fifty
ton capacity at once Mr.. Taylor Will
90 to Los Angeles the last of the week
TO arrang for the forwarding of the
machinery. 1t is claimed that tins mill
will be able to reduce ores, especially
those of high grade, at much less cost
than any other process. 1t is proposed
that the top rate for treatment OF higi
grade ore will be not more than so per
ton. while that for lower grade will be
less.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
Cuts Splendid Vein.

Last week the contractors in the
Philadelphia Western tunnel cut a five
foot ledge, two feet of which is sacking
ore. The tunnel has now penetrated
the hill a distance of 2s5 feet and this
ledge was both a surprise in values and
width. The ledge outcrops on the sur
face both a surprise in values and
width. The ledge outerops on the sur
face about two and one-half feet wide
and has a shaft ON it about % feet
deep. The value of the two feet in the
tunnel will not run much below $500,
while the whole five feet will average
$40 per ton. The main or Blackmer
ledge is expected to lie tapped by driv-
mold out in this ledge as they have in
the shaft above when the tunnel inter
s,cts it. and where about $4,000 has
Eeen taken from the shaft above at a
dc pth of 50 feet, it will demonstrate
the fact that there is between two and
three feet of sacking ore for a depth
of 215 feet from the surface. The
management will also be sacking from
three different points and its production
will be in the neighborhood of $4,000
per day.
Driving Two Tunnels.
The Hill Top people are driving two
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
STARTS SMALL STOCK
EXCHANGE AT PIONEER

An embryo exchange has been started
in Pioneer in the Office of Judge Ray,
and although no calls are had, many OF
the people of Pioneer gather there and
make sales of stock. Eight companies
have been listed on the board and daily
quotations are given.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
NICKEL STRIKE REPORTED

A very important strike of nickel
ore has been reported from the prop
erty of the American Nickel company,
near Boyer. 1t is stated that the dis
covery Of this body will prove to be OF
great Importance.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
MINERS AND
MERCHANTS

should keep their funds in this strong,
~ap-'o-date bank. We pay 2 per ccnt in.
'''es' on checking balances, n YOU
save the high exchange charges by
pay ny your Los Angeles bills b.
D'ek on this bank. We pay 4 per cent
''rm deposits. Send for booker.
0'umbia Trust Co., Columbia Truss Co.
Bldg, 81 W. ard, Los Angeles.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20

the restrictions just. The guaranty
feature gives confidence to depositors
and induces people TO bank their
funds instead of boarding and hiding
them.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
(By Anthony McCauley.)

spirit that dominates those most heav
ilv interested here. Get the ore out, =
is the slogan, and hat is what they are
doing.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
PIONEER MAPS

Pioneer claim map, official and com
plete in every respect at the News Map
store.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
YOU WISH

A practical way of making more
money in miningf There is a way and
we can outline that way to you by tell
ing you in our special mining reports,
what we have for sale in mining prop
critics.
We know we can sell you a good one
and we come pretty near knowing what
we are talking about. How would a
blocked mine, with a mill strike you!
Today is the day to write.
FIDELITY TRUST Co,
40 Columbia St., Goldfeld, New.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1909-10-22
Letter to A. H. DAVIDSON.
Welsh La,

Dear Sir: Here's a mail-order
paint-there are several such-45 per
cent of its solid part is barytes and
whiting, and IS per cent of it's oil is
benzine and water; the rest is zinc
lead and oil.
Barytes whiting benzine and water
have nothing to do with paint, except
to make more gallons for victims to
buy at IS a gallon put-on.
IS gallon put-on will buy the best
paint there is IN the world; here's a
paint, about half neither pigment
nor oil, imposed on the unsuspecting.
What is the remedy? What is the
victim to do? Do you favor a pure
paint law in your State?
North Dakota has lately passed
such a law; it is worth, we presume,
IS year to the average man. What
is wanted, of course, is paint of such
strength that 10 gallons will do a 10
gallon job and wear a long time.
DevOe is that paint. Should confer
feits be put-down by law?
Yours truly
81 F. w. DevOe & Co
Taught Lumber Co sells our paint.