The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1919-12-06
SALT LAKE MEN
LLEUREKA HOLDINGS
Famous Dunderberg Mine Becomes
Property Of the Eureka -Croesus
Predict Haleyon Days ofthe
Past viii Be Renewed
(salt Lake Tribune Dec. a.

The final payment was made Mon
day by the Eureka-Croesus Mining
Company Of Eureka, Nevada, upon
one-half of the Ruby Pioneer Mines
Company property, which is owned
by local men. among whom are C. e.
Allen, A. P. Mayberry; H. w. Doscher,
Morritz Bamberger, M. 8. Hanausr,
c. N. Streveli, William N. Bradley
and others. This property, which
consists of approximately six patent
ed claims and as many unpatented
claims In the heart of the Eureka
district. exchanged owners for a price
OF $4,000, according to the Ruby
Pioneer Company. The remaining
half. the Lord Byron group of claims,
still owned by the Ruby Pioneer Com
pany, has been bonded by Major Hen
ry G. Catlin and associates.
With this transaction on Monday,
the old Dunderberg mine, one of the
most famous mines of the district,
becomes the property of the Eureka
Croesus Mining Company. This mine
in the past produced several millions
Of dollars and it is the expectation Of
the Eureka-Croesus Company that
with depth mining future operations
Of these old properties will prove as
profitable as those of the past.
DEPTH MINING TRIED
Mining men concede that it is due
to Major Catlin's knowledge of Eu-l
reka geology and the amount of ores
left in the old workings long ago
caved in, and to his belief that depth
mining would reveal great possibil-
tiles that the camp of Eureka, New,
has come back. Developments in the
new workings started by the Eureka
Croesus Company have already dis
closed some remarkable showings. re-
ports from Eureka say.
This last transaction made Mondax.
is only one of the deals made affect
ing the future Of Eureka. In Octo-
ber the Eureka Consolidated and
and Richmond Mines on Ruby Hill
were taken over by a New York syn
dicate. Those interested in the trans
action have announced that the new
company would spend several hun
dred thousand dollars in the devel-
opment of the old mines. In the
days when Eureka was one of the
liveliest camps in the West, the Ruby
Hill mines were famous for the large
deposits of high-grade ore they con-
tanned. Almost $70,000,000 was TAX
en- from one stope alone on the Eu-
reka Consolidated mine.
| In those days English stockholders
owned the Richmond mine. Both
the Richmond and the Eureka Con-
solidated had smelters Of their own.
one at the north end of Eureka and
the other at the south end. Then
the camp was a city of 10000 people.
At one time, it is said, 1000 men
were employed in the surrounding
mountains working up cordwood for
the smelling plants. All of the "es-
sentials" of live mining camp were
possessed by Eureka; an army of
Ifrenzied fortune hunters, engineers
muckers prospectors, professional
gamblers, miners, teamsters, mer-
chants, the fiotsam and jetsam of hu-
lmanity characteristic of frontier set
Elements, formed the bulk of the pop
Iulation. From the Richmond smell
tier to the Eureka Consolidated was
strung the gay white way" an array
lof saloons, gambling houses and dance
halls.
IsuVER DECLINE SPELLS RUIN
With the decline in the price OF
silver, in the late eighties. the glory
of Eureka, once the premier silver
lead producing camp of the world, be-
came gradually but memory. The
mines were worked periodically BY
Ilessees; the population Of the town
ldwindled.
i Due to the increase in the price OF
silver and the activity of the Eureka
lCroesus Company, the camp is onc'
more becoming "a mineral producer
Those interested in developments II
the camp predict that the distric
will enter upon a career of production
which will outstrip that of the past
The transactions mentioned above IL
which two properties changed hands
are only two of the important deal
which promise to affect the future
of the camp.
Recently the Eureka -Palisade rail
road was purchased by Eugene Davis