davidaulloa/AmericanStories huggingface dataset:
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
REVIEW OF mining 0PERATl0NSN GOLDF|ELD DISTRICT

was taken upon the petition of Mrs.
Lucy V. s. Ames of Missouri, a
stockholder of the Merger company,
who is believed to be supported in
the proceedings by certain stock
holders more heavily interested
than herself. Mrs. Ames alleges
long series of frauds in the manage
ment of the Merger company in con-
nection with the sale of the Velvet
claim. She maintains that the
claim is worth $1O,OOO,O00; that it
was sold ''for a song;" that its
latent wealth had been proved prior
to the transfer; that it's great value
was kept secret and that the Jumbo
Extension stock received in part pay
ment was sold "for song" and
bought up by the sellers through
brokers.
Consulting Engineer J. X. Tur-
ner of the Jumbo Extension COM
pany takes issue with the petitioner
as to the value of the Velvet claim.
He asserts that at the time of the
purchase less than 200 feet of de-
velopment work had been perform
ed in the ground by the Merger COM
pany; that no payable ore had been
exposed and that the Jumbo Exten-
sion management made the pur-
chase wholly upon the ore showing
in it's own territory, namely, the
Poleverda claim, adjoining the Vel
vet. Engineer Turner AYERS that
the Velvet at the time of it's purs
chase by the Jumbo Extension was
not worth $10,OO0,000 nor does
the actual ore in sight at the pres
ent time justify such valuation; !;
furthermore, he maintains that the
management of the Jumbo Exten-
sion considered that it was paying
a good price for the ground when
it turned over to the Merger COM
pany for it $4,000 in cash and
III, 900 shares of stock.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
COAL PROPERTY
LOOKING GOOD
NEW SHAFT AT DARMS NINE
HAS DEPTH OF 428
FEET

The operations of the Darms Coal
Mining company, which have been in
progress for about four years on a
promising coal property four and
half miles southwest of Coaldale sta
ton on the TOnopah and Goldfield
railroad, and rapidly nearing stage
where substantial results can rea-
sonably be expected. The efforts of
II. A. Darms, president and general
manager of the company, give prom
ise OF soon bearing fruit and placing
southern Nevada among the import
ant coal producing centers.
After sinking a prospect shaft to
a depth of 4S0 feet on the main out
cropping vein and opening up to
large feeder veins, the company some
time ago started new shaft on
20 degree angle. One of the feeders
exposed is seven feet wide and the
other three, and both show marked
regularity. The new shaft, located
LOO feet from the prospect snaf.,
has attained depth of 42S feet. 1t
has cut one of the branch veins and
is nearing the other The product OF
the mine is a semi-bituminOus coal
and has been used for more than
three years in the generation of
steam for the operation of the 25
hoist on the ground.
Manager Darms states that he in
tends to soon increase the capaicty
of the hosting plant to expedite
work. A number of the business men
of Goldfield and TonOpah are inter-
ested in the property and have great
faith in it.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
OBTAINS LEASE
ON BLUE BELL
H. Ii. LIND PLANS no DEVELOP
PROPERTY ON EXTENSIVE
SCALE

Secretary Bert Ward of the Gold
field Blue Bell Mining company, an
nounced today that three-years'
lease on the company's property had
been granted to H. B. Lind OF Gold
field. Operations have already been
started by Mr.. Lind.
The Blue Bell property, which is
controlled by the Phelps-Stokes in
terests of New York city, is composed
of two claims and fraction, COM
prising practically fifty acres of pat
ented ground 1t adjoins one the
east the property of the Spearhead
Gold Mining company. In the early
days of the camp the property was
prospected to a depth of 2oO feet
with drills and with highly pleasing
results, but 1t has been idle for sew
eral years.
Mr.. Lind has started TO sink a
double-compartment shaft on the
Neversweat claim of the property
near the point at which the prospect
drills were sent down. 1t is his in
tentiOnS to sink not only to the ore
body penetrated at a depth of 25O
feet by the drills but to send the
shaft down to the latite-shale con-
tact. which is estimated to lie at a
depth of less than 500 feet.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
KL0NOyKE FIND
BEING EXPLORED
Two FEET OF $1O4 ORE IN
EIGHTEEN-FOOT
SHAFT

highly encouraging results are
attending the exploration of the
strike recently made on the prop
erty in the Klondyke district, miH-
way between Goldfield and Tono-
pah. The property is owned by j.
F. Henry. Michael Hill, John Witte
and Ben Rosenthal, ,all of Goldfield,
who intend to thoroughly develop it.
The shaft being sunk on the prop
erty has attained depth of eighteen
feet and has an excellent showing.
In addition to considerable vein
matter, the ledge shows width of
two feet of ore that averages $104
per ton in gold and silver, the latter
predominating. Considerable ore
has been extracted and sacked for
shipment. Picked samples of the
ore show large pieces of free gold.
which are found in bug g-holes" in
the quartz. The ledge trends north
and south and lies almost fiat. dip
ping slightly to the east.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
NEW MOTOR NOW
BEING INSTALLED
YELLOW TIGER WILL RUSH DE-
VELOPMENT WORK AT
DEPTH

According to General Manager
Charles ID. Wilkinson, the Yellow
Tiger Mining company will be in IL
position to resume underground op-
erations on large scale within the
next few days. The 100 h. p. cleo
trio motor, which will drive the
eight-drill air compressor, has ar
rived on the ground from Denver,
Col, where it was purchased, and it
is now being placed in position.
The new motor replaces the one
OF like capacity damaged by the
lire of supposed incendiary origin
that also destroyed all the buildings
on the property about three months
ago. The work of constructing new
buildings was completed several
weeks ago, since which time opera
tions on small scale have been
prosecuted with hand steel on the
7OO-foot level of the property. AS
soon as the new motor is complete
ly installed and the compressor
again placed in commission, machine
drills will be used in the extension
of the north drift on the vein on the
7OO-foot level. Manager Wilkinson
announces that he will soon begin
sinking winze below the south
drift on the level named and a raise
from the north drift to connect with
the 60O-foot level.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06

To the people of Goldfield the re-
cent appointment by the United
States district court in Seattle,
Washington, of Carl M. Johanson
of that city as receiver of the Gold
field Merger Mines company and
the Goldfield Deep Mines company,
the holding corporation of the for
mer, was like thunderbolt out of
clear sky, so great was their as
constituent when the news of the
action of the court became known
the early part of this week. For
several weeks there have been ru-
mors of dissatisfaction among GER
tain stockholders over the sale by
the Merger company to the Jumbo
Extension Mining company of the
Velvet claim, which subsequently
proved a veritable storehouse of
wealth, but litigation was considered
a remote possibility.
The action of the federal tribunal
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06

Receiver Johanson arrived in
Goldfield from Seattle Thursday
and took charge of the affairs of the
Merger company, which he states
he will not disturb but conserve inn
partially for all concerned. He
further stated he did not anticipate
that the litigation will in the least
affect operations in the mine. The
hearing upon the application to
make the receivership permanent,
originally set by the federal court
in Seattle for February 8, has been
continued until March 1 in order
that the petitioner in the action
may file additional affidavits and
give oral testimony. According to
a telegram from the clerk of the
court the Jumbo Extension has not
been made a party to the action
and no authorization to sue has been
asked for. 1t is the opinion of To-
cal mining men conversant with
the Velvet deal that when a hear
ing is had the federal court will dis
charge the receiver and the !itiga-
tion be ended.
GOldfield Consolidated
An idea of the conditions prevail
ing in the properties OF the Gpldfield
Consolidated Mines company can be
cleaned from the fact that the net
profits of the corporation for Janu-
ary were the largest since March,
1918. The preliminary estimate of
!. the earnings and production of the
company last month, which has just
been made public by A. II. Howe,
secretary and treasurer, shows:
Total tons of ore mined, 30,563;
gross extraction, $414,00O; Operat-
ing expenses, $1S2.000; net realiza-
ton $232,OOO.
Jumbo Extension
Stopping operations on the lower
levels of the property having again
been temporarily suspended, the
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06

management of the Jumbo Extension
Mining company is at present devot-
ing it's attention largely to devel-
opment work, which, however, is
yielding the major portion of the
shipments of one carload of ore
daily These shipments are made up
of the mixed yield from the various
workings being extended in the ore
body and are averaging around $50
per ton. The most important
work being prosecuted at present is
the extension of the east crosscut
on the 1017-foot level of the Velvet
territory. 1t will be advanced an
additional seventy feet and a new
raise to the ore body started. Prep
arations continue incident to the en-
largement of the Old Original Vel
vet lease shaft from two to three
compartment size to the 400-foot
point, to which it was sunk in the
Continued on Page Eight)
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
RECEIVER FOR
MERGER ARRIVES
HE SAYS HE WILL CONSERVE
AND NOT DISTURB
AFFAIRS

Carl M. Johanson of Seattle, who
was last Saturday appointed by the
United States court in that city re-
ceivcr of the Goldfield Merger Mines
company and the GOldfield Deep
Mines company upon the petition of
Mrs. Lucy V. S. Ames of Missouri,
a stockholder of the former corpor--
alton, arrived in GOldfield Thursday
to take charge of the affairs of
the two companies.
Mr.. JOhansOn, who is former
mining operator of Alaska and who
still has interests there, was reluct-
ant to discuss the litigation. explain
ing that he did not wish to make
any statements until he had famil-
iarized himself with local matters
involved in the action. He did
state, however. that he is here to
of the company and that he does
not anticipate that the litigation will
affect operations in the Merger
mine. He further announced that
make the restraining order perman-
ent had been continued by the fed
eral court in Seattle from next Mon-
day until March 1. The attorneys
of both sides in the action will ar
rive in camp in the next day or two,
according to Receiver Johanson.
In reply to an inquiry the follow
Continued on Page Eight)
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
WILL CONSIDER
SINKING PLAN
STOCKHOLDERS OF FLORENCE
TO HOLD ANNUAL MEET
ING MARCH 1

The question as to whether the
Florence Goldfield Mining company
shall continue the main working
shaft on the famous property, now
down 1870 feet, to the latite-shale
contact will be determined at the an
nual stockholders meeting to be
held in Goldfield on Monday, March
/. A. d. Parker of Denver, Colo,
president of the company, will jour
ney to camp for the meeting and
lay the plan before the stockhold-
ers. In view of the results that
have been attained at depth along
the contact in the properties of the
Goldfield Consolidated, Jumbo Ex-
tension, Atlanta and Merger, it is
reasonably certain that the stock
holders will vote to put the plan
into execution.
President Parker and General SUI
perintendent Harry b. Clapp have
for some time past been giving
thought to the plan and obtaining es-
Inmates on the new machinery that
would be required. If the plan is
favorably considered by the stock
holders, the present 100 h. p. cleo
trio hoist will be replaced with an
equipment capable of sinking to
depth of $500 feet, and the present
4o-foot gallows frame replaced with
one rs feet in height. The new
equipment would also include pumps
of sufficient capacity to handle all
water that could possibly find its
way to the shaft. Although the pro-
posed new equipment, if installed,
would he sufficient to sink to the
250O-foot point, it is calculated that
the contact would be revealed at a
depth of around 1000 feet.
General Superintendent Clapp Is
at present giving attention to the
continued exploration of the bonanza
discovery made several weeks ago
in the new vein exposed about three
months ago to the 250-foot level
by a 65-foot west ecrosscut from the
main north drift. At height OF
forty-four feet from main raise
a." work in the incline branch
raise was recently suspended on ac-
count of bad air. The face of the
incline raise shows at present nine
feet of ore that averages better than
$50 per ton. New raise B. from
the south drift on the vein was re-
Gently started about forty feet south
of raise "a" and is now penetrating
the ore body exposed by the incline
raise at height of approximately
twenty feet Sixty feet still farther
south from raise 3D." third raise.
known as e. has been started in
the drift on a foot and a half OF
$40 ore.
On the 35O-foot level. an east
crOsscut has been started from tho
main north drift to intercept the
downward extension of the ore bod1
1t is calculated that the new cross
cut will reach the objective point
within the next rs or 100 feet, ac-
cording to the dip of the vein. The
output of the mine during January
totaled approximately 800 tons OF
ore, which was 100 tons in excess
of the December yield. Complete
returns upon the January shipments
have not thus far been received.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
SHIPPING CAR
OF ORE DAILY
JUMBO EXTENSION RESUMES
DEVELOPMENT WORK IN
BIG ORE BODY

Although the management of the
Jumbo Extension Mining company on
February 1 ceased stopping on the
lower levels of the mine in order
that operations could be largely
confined to more extensively prov
ing up the great ore body, the out
put of the mine is averaging a car
road W oIe daily carrying values of
around $50 ton. The shipments
mixed yield from the upper leva!s
of the Velvet territory.
The northeast drift from vertical
raise 503-D above the 1017-foot
level east crosscut is being advanc-
ed on eight feet of $40 ore. A SINH
lar showing prevails in the south
west drift on the same level, but
work has been suspended in that di-
rection for the present. Stope Ala
above the east drift on the 921-foot
level is yielding four feet of ore
that ranges in value from $40 to $50
per ton. Five feet of $50 ore is
being broken down from the face
of the east drift from vertical raise
5O3-C above the east crosscut on
the 1O17-foot level. In the Pole
verda territory a raise from the
south crosscut on the shale "a"
level, which is eighteen feet below
the 921-foot level, has revealed the
contact of latte and shale and
about two and half feet of $40
ore The ore body was exposed at
a height of forty-three feet above
the crosscut and a drift has been
started southeast on the new find.
Work has been resumed in the
south crosscut off the northeast
drift from vertical raise 503-B,
which connects with the incline air
raise from vertical raise 503-C, to
determine the contour and dip of
the latte formation, which thus far
has not been revealed by vertical
raises C or d. After exposing the
ore bodyss raise c exposed con-
gloremMesI ,hsle and latte. hut not
a true latte. Work was recently re-
sumed in d raise, which re-entered
the shale after passing through
eight feet of quartz, three feet of
which gave excellent values. The
raise is now up eighty feet above
the east crosscut on the 1017-foot
level and is at present exposing
six-inch vertical streak of quartz in
the shale that assays $S per ton.
The position of this streak of quartz
and attending conditions indicate
that the raise is going up in a hill
of shale. Similar conditions have
been found at other points along
the famous contact.
Preparations continue to be made
for the sinking of the old Or
iginal Velvet lease shaft, which was
sunk to depth of 400 feet in the
early days of the camp, to the 1917
foot level to provide additional
hosting facilities and permit of the
thorough exploration of the north
eastern section of the Velvet claim.
The eight-drill air compressor for
the shaft, which about week ago
arrived from San Francisco, has
been completely installed. The
double drum electric hoist for the
lease shaft is expected to arrive in
camp from Denver in the next week.
--
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
ORC OBTAINING
GOOD RESULTS
CROSSCUT BEING EXTENDED On
500 LEVEL TO CUT QUARTZ
BODY

A steady improvement is oc-
curing In the conditions prevailing
at the property of the Goldfield Orc
Mining company, according to the
management The operations are
being carried ahead as rapidly as
possible and results of importance
are being obtained.
On the SOO-foot level crosscut is
being extended from the main drift
to catch the downward extension OF
a body of twelve feet of quartz re-
Gently revealed by a raise from an
intermediate level at point 80
feet north of the shaft. The south
drift on the S0O-foOt level has
been ex ended a total distance OF
ninety feet. Recently the drift was
turned slightly to the east and 1T
revealed a body of quartz. 1t has
been found that the drift has been
passing along intermediately be-
meath the quartz body for distance
of forty feet After the drift has
been advanced a short distance fur
ther a raise will be started to ex-
plore the quartz body, it is stated.
On the 700-foot level crosscutting
west and drifting south continues.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
pKIETING ON 100 LEVEL
IN THE COMMONWEALTH

At the Commonwealth property,
the south drift on the 10O-foot level
is being advanced to intercept the
downward extension of the shoot of
rich ore opened up on the surface
Of the property in the early days Of
the camp. 1t is the intention of
the company to soon resume sink
ing in the main shaft on the prop
erty. which has at present depth
of 412 feet.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
FEDERAL COURT JUDGE APPOINTS
RECEIVER FOR MERGER COMPANY

cised and payment of $4,000
months $1,000 month was paid
on the purchase price, and on Octo-
ber % the remaining six monthly in
stallments of $1,000 were paid in a
lump sum of $4,000 and the stock in
volved turned over to the Merger
company, which executed deed in
favor of the Jumbo Extension COM
pany. The Merger company sold in
the open market the Jumbo Exten-
sion shares received when the stock
was around 35 cents share, and it
was not purchased by the Merger Of
ficials.
At the time the deal was made no
payable ore had been exposed in
the Velvet claim by the development
work performed by the Merger COM
pany, which totaled less than 200
feet, being prosecuted on the 100
and 847-fOot levels. At the time of
the deal the officials of the Merger
company considered that they were
obtaining a good price for the Vel
vet claim and the officials of the
Jumbo Extension company thought
that they We're paying enough for it..
When the Jumbo Extension stock
was sold the Merger officials consid-
cred that they obtained good
price for it. 1t was wholly through
development work prosecuted by
the Jumbo Extension company in
it's own ground and the Velvet
claim, after it's &C Aisition, that the
latent riches of the territory were
proven up. The appointment of a
receiver of the Merger and Deep
Mines companies without first hold
ing hearing is an uncommon pro-
cedure. 1t is usually the custom of
courts, when applications for re-
ceivers are made, to fix time for
the defendant to show cause why
The Jumbo Extension company has
no connection with the Goldfield
Consolidated Mines company.
In commenting upon the present
litigation and the acquisition of the
Velvet claim by his company, Con-
sulting Engineer j. K Turner of the
Jumbo Extension, who returned to
Goldfield yesterday after an absence
of three weeks, today said
Il know nothing of the merits OF
the suit, as reported in press dis
patches, but l do know something of
the conditions that prevailed in the
Velvet claim at the time of it's pur-
chase by the Jumbo Extension Co.
The Merger company had perform
ed less than 200 feet of development
work in the claim and had not open.
ed ur any payable ore. We have
done a great deal of work since we
acquired the claim and great
of ore has been developed
in the Velvet but it is not worth to-
day 100000. When we bought
the claim we considered that we
were paying good price for it and
were guided in purchasing it by dis
coveries made in the Poleverda
claim workings adjoining"
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06

GEORGE r. HENNIG of Reno is
a guest of the Goldfield. He arriv-
ed from the south yesterday eve
ming.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
CONSOLIDATED JANUARY
PRELIMINARY ESTIMATES

The preliminary estimate of \
= the production and earnings \
y of the GOldfield Consolidated \
= Mines company in January, \
y just made public by A. II. \
y Howe, secretary and treasurer, \
y follows: y
= Total tons mined 30,563 y
y Gross extraction $414,OOO \
= Operating expenses .-- $4,000 y
' Net realization ---..-..- $4,000 \
= y \ = . 4 4 4 4
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-06
LOOKING OVER CAMP

]. c. Mccormack of Los Angeles
who was prominently identified with
mining in the early days of the camp.
is visitor in town. arriving Thurs
day evening. He will spend a few
days looking over the camp with
view to again locating here.