The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-13

pan "thCo Woo iVpotS toho VI ~
estimated value of $212,656.
|. Tonopah Mining company's pro-
position for taking over control of
White Caps of Manhattan was turn
ed down, less than the necessary
three : fourths of the outstanding
stock being voted in favor.
Tonopah Belmont's output for the
week vas 3,647 tons. Dew elnpment
continues to produce good results.
Tonopah Extension sh rped SO
bars of bullion, weighing 100000
ounces and worth in the neighbor-
HOOD of $6G,5O0 Twenty IONS of
concentrates, valued II $500 went
Dut at the came time. This is the
result; of clean up of will Tor two
weeks and is the record clean Up for
t,,s property
MtEt:Jt Tonopd. Commonwealth
n.,a" c,sl rs anothe good strife Of
Ugh grade re at - 1oj foo; point.
Tonopah Merger again in ranks Of
producers. Ore in north vein at
ITO level maintains width and
good values. Same is true of ore
body on 1880 level.
Jim Butler produced 1850 IONS of
good mill ore.
West End shipped 20 bars of bull
lion which weighed 35,4S5 ounces
and are orth in the neighborhood
of $24,500. This is the result of the
cleanup of the mill for the last 10
days in January.
Rescue Eula reports progress in
sinking the shaft and prosecuting
in Maggie May ground. Shaft now
down $50 feet below the collar.
Halifax still retimbering shaft,
which will be completed within the
hex ten days.
Victor is still baling, pump being
out of commission temporarily.
North Star west drift on McDon-
aid vein on 1880 level has encoun-
tered a fault which it is now cutting
through. Other development work
making good progress.
Umatilla made 10 feet in north
crosscut and "a feet in east drift
No changes.
Monarch Pittsburgh prosecuting
ledge recently encountered, which is
at least IA feet wide.
Midway making preparations for a
resumption of operations.
Mizpah Extension being examined
by Mr.. Spur preparatory to laying
out campaign of development.
Cash Boy down 1920 feet in the
shaft and making three feet per
day, with three shifts working.
Gypsy Queen made usual progress
in the north crosscut but shows no
} chaneg in formation.
Buckeye Belmont o prosecuting
work in four faces on the 1900 lev
ell. Stringers of quartz continue in
the north crosscut.
TOnopah Mining
At the regular annual meeting OF
the Dexter White Caps Mining COM
pany of Manhattan, which was held
in Tonopah Tuesday of this week,
the proposition looking to the taking
over of the control of that company
by the Tonopah Mining company OF
Nevada, and which had been &C
cepted by the directors of the for
mer company, was up before the
White Caps stockholders for ratifi-
cation or rejection. The details of
this proposition were given in a pre-
vious issue and for that and another
good reason need not be repeated
here.
The Dexter White Caps company
is incorporated under the laws of
South Dakota and under the sta
tutes of that state it requires an
aggregate three-fourths vote of the
issued and outstanding stock to au-
thorize a valid conveyance Of the
whole corporate assets.
At the meeting of the White Caps
company there were '32,147 votes
cast in favor of the proposed deal
with the Tonopah Mining company
but as there are 100000 shares of
the capital stock of the former COM
pany issued and outstanding the
proposition failed to carry and the
deal is now off. However, Manhat-
tan and the Dexter White Caps
company have received some very
good advertising and as the Tono-
pah Mining company has plenty of
other properties to keep it busy, so
there has been no particular harm
done.
Mr.. Spur, who is the consulting
engineer and geologist of the Tono-
pah Mining company for a number
of years has been in camp this week
on one of his periodical visits OF
inspection but he reports nothing
new from the mines that has not
been covered from week to week.
There was an increase of 63 feet
in the amount of new ground bro
ken in development work during the
week. On the $40 level of the Silver