Mohave County miner and our mineral wealth., 1921-10-21

cations. One often hears the remark that there was more money put in the ground at Goldfeld than was taken out. The man who makes this state ment admits lack of knowledge of true facts and figures. Goldfeld paid over forty millions in dividends and produced over seventy million dollars.
 Goldfield Con. alone, which was not or
 ganized until 1906, had paid $27, 7,398,-
 215 in dividends by 1914. The discov-
 cry of the real rich ore which caused
 the boom was made by Al Meyers and
 Tom Murphy on the Combination mine
 and by Charles D. Taylor on the Jum-
 bo mine. The ore of shipping grade
 on both these properties ran into the
 hundreds per ton and the three men
 toned were among the millionaires
 made by Goldfeld mines. The big i'm
 petus of the stock end of the Goldfield
 boom came when J. H. Carstairs, a
 Philadelphia capitalist, gave Al Mey- CTS $400,000 spot cash for 100000
 shares of Mohawk stock. Within one
 year Mohawk sold as high as $21 per
 share. Meyers is today developing
 another mine in the Ely district of Nevada, from which he hopes to make
 another fortune and with which he sol emnly promises to build no more
 homes with door knobs of 18-karat gold, as was his hobby with his Mo hawk fortune. The Combination, a mere prospect, was optioned to L. L. Patrick for $75, ,000, with $5,000 cash payment, the balance to be paid the following year. This option was turn ed over to Arthur Winslow and asso- ciates of Chicago and Boston, Patrick holding one-quarter interest as com mission. The royalties taken from ore production paid the balance of the payments before due, as well as pay ing handsomely in dividends to the stockholders. Later this property was put into the Goldfeld Consolidated on a basis of four million dollars. Pat rick became a millionaire from that and other transactions. The Jumbo mine brought Charles D. Taylor check for an even million dollars from George Wingfeld and Senator Nixon, who later organized the Goldfield Con- soldiated, which with their other hold ings made tRem multi-millionaires. Taylor today, it is claimed, owns a "well-stocked" floating island some where in the Pacific, off the British Columbia coast. He named it Jumbo Island" Wingfeld and Nixon put the first real money into Goldfeld by pay ing Harry !Stimler and Will Marsh $10,O00 for the Sandstorm and Ken dall groups. The Goldfield Consoi- dated, headed by Wingfeld with cap ital stock of fifty million dollars, of which approximately thirty-fve mil lion dollars in stock was issued to ab- sorb the subsidiaries that made up the produced by the end of 1914 forty-four million dollars, mak- ing a net recovery of twenty-nine mil lion dollars and paid total of $27,- 398, 215 in dividends. George Wing fields income today is estimated around $40O,000 a year and he practi- cally controls the banking business in mines of Goldfeld being responsible for most of it, together with the fact that he had the courage of his convictions and stayed with it. This sounds like fiction; yet all these facts are a matter of record and are open for investigation at any time.
 Tom Murphy refused million dol lars cash for his 300,000 shares of Combination Fraction, an eight acre piece of ground. The stock was sold as high as $7 per share. Claude Smith at one time paid $150 for a group of Il claims in the early days of Gold field. Later he refused one million dollars for his interest in the Velvet