Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1911-04-12


rising mining magnate. Wingfield
figured that if he lost fifty grub
stakes and one made good he
would reap the benefit of his eX-
perience.
At the time of the strike on the
lease he had eonsid-
cradle Mohawk stock which stood
him very little. Much of it he
had taken as an act of kindness
to stake some old-timer; more of
it he had bought on the old the
DRY that anything in Goldfield was |
sure to be good. The stock had |
never sold higher than / ) cents |
share; and before the strike it was
going begging at seven cents Wing |
field saw the ore in the lease and |
began quietly to buy the stock. 1t |
has been generally thought that
Ee and Senator Nixon owned con-
troll at the time of the strike, It
this is not the case.
The big strike in the Hayes-Mon-
nette lease occurred in April, few
days before the disaster to San
Francisco. Monnette had left Gold
field and was in Omaha when he
received a wire from Hayes that
they had struck a bonanza. Even
HIN the Goldfeld and Tonoral
ouale believed it was a pocket or
| d fuke; and the fire of San trII-
cisco wiped out all thought of spec
ulation from their calculations for
awhile. The fame of the Mohawk
spread while San Francisco was
getting on her feet, and when the
San Francisco stock exchange re-
opened in July the stock was one
of the leaders. Then came the
story that George Wingfield had
bought 100000 shares of the stock
from James Forman of Tonopah at
81 IA share The world began to
sit up and take notice. Newspaper
men had piled into Goldfield from
all over the country in consequence
Of the Manhattan boom; and George
Graham Rice was sending out the
: dope" to the eastern centers. In
August Goldfeld began filling with
people, and the reports of the high
grade of the Mohawk brought min
, ers from everywhere.
The ore of the lease was going
$50 to $50 to the pound, and a
fortune was being hoisted out OF the
shaft every day. And, Hayes and
Monnette, long alive to what they
had in their lease, had put in ma
chinery, and were getting out all
the ore :, was possible tn raise
They had but few months Mt re
left on the lease.
d. A. Mackenzie, promoter
secured lease adjoining the Hayes
Monnette. and found the continu'
: alton of the ore body. Here was
: another find which set Goldtielt
wild with excitement. The promo
ters turned their attention to the
$ Mohawk and took any lease they
q could get If they only could ge
the name Mohawk in their promo
ton fortune was assured them, to1
!, the stock was sold in two or three
t days. Samples of the Hayes-Mon
f nette and Florence-Mohawk lease
e the latter being MacKenzie's flota
" ton, were to be seen everywhere
: Men whose occupation heretofor
l. had been unknown blossomed on
It as promoters and did a land of
It flee business; high graders were a
a work and many a pound of So
IS and $50 and $40 a pound ore wa
l. sold for cash in Goldfield and neve
IT found its way to the leasers shir
e ments. Money was everywhere;
i. was becoming a cheap commodity
lie and Goldfield was no more a nam
" only; it wasn't what it spelled
W The gold of the Mohawk wa
y, the pure quill; specimen wa
at worth something, and the fame
te the great gold camp was spreat
ut ing to the boundaries of the Unite
n States; to the ends of the eartl
n. About this time the Gans-Nelso
d. fight was being discussed, and I'll
it hackers of the gladiators were lool
s. ing for the best offer. A newspapt
at man went to Rice in josh an
I'D suggested that Goldfield make
Y bid for the fight. Nothing SCENE
he more absurd at the time, but in
ut week Goldfeld had become an a
nd tive factor in the campaign. Ri
'e. saw splendid opportunities for a
no vertising the camp and for adve
ge Using his own promotions I
he talked the matter over with Il
he Richard and Ole Elliott then ru
of ming the Northern saloon, the bi
ad gest gambling resort in the cam
"a Other promoters were taken in
nd the conference, and Rice shove
IN them the ODDOrtunitV of bringiI