Mohave County miner and our mineral wealth., 1921-11-25
M. B. DUDLEY DEVELOPMENTS
 AT KATHERINE
(Continued from Page )

clearing house for mining issues and
 affairs west of the Mississippi river,
 the sponsoring of the new camp of
 Katherine by San Francisco stock
 exchange would bring the merits of
 the new camp to the attention of a
 great host of investors living in the area between the Pacific coast and
 the great river.
 To a lesser degree the conditions
 in Los Angeles are analogous to those
 of San Francisco; although in the
 opinion of MT. Dudley the interest in
 mining issues there is likely for a
 time at least to be shared, and possi
 bly, overshadowed, by the investment
 in various oil issues. However, he
 reports strong sentiment favorable
 to the new camp of Katherine and
 is of the opinion that before long the
 people of Los Angeles will be as not ably identified with the Katherine dis
 trict as they were with the Oatman district a number of years ago.
 In connection with MT. Dudley's visit to San Francisco the Daily Com mercial News of that city under date of November 18th, prints the follow ing: ..
 "To the Treasure Vault goes the honor of being the first of the Kath- erine District gold mine stocks that will be listed on the San Francisco Exchange. Those who are supposed to know about such things thought that the bonanza Katherine, about which so much has been heard of late, would be the first of the Rather inc stocks to be offered to the public on what is probably the greatest min ing exchange in the United States. Mining men are conjuring about why the Treasure Vault was the first to appear on the local list, but the an swer comes from the fact that Nor ris B. Dudley, president of the Mo have County Chamber of Mines and Commerce, has been in this city sew eral days attending to such affairs, and his achievements were not herald ed to the public until he had made all arrangements and was ready to leave the city last night for King man, to go out to the mining proper ties and supervise the work of devel- opment. ...... :,
 According to Dudley's statements, work on the Treasure Vault is now 1 down to the depth of 60 feet, and a crosscut is under way at the 5o-foot level, as will be the case at every depth of 50 feet in the sinking of the shaft. At the 60-foot level the find ings passed out of the calcite and into the quartz formations, known to that district, and the showings of values has taken a tendency of in- crease with depth, which is the thing that appeals to mining men. |
 So quietly did Dudley carry out his his errand here that practically no one. knew of what had taken place until he was ready to leave the city. That many people here familiar with or fi- interested in the Katherine District, will watch with moro than passing interest the attitude in which the investing public will look upon atis first offering from the new gold E fields goes without passing the word.
 M. B. Dudley stated that he would give his entire attention to work in he Katherine District from now on, out. .easide from that, would give no other information regarding his flu ,ure activities nor what else he had placed before his San Francisco as- ;ociates for consideration during his several days stay here." |: