Newspaper Page Text
rTZS&8$
"K4aa4-5" iVrftTl
ffiit
met.
VOL. XXX.
KINGMAN, ARIZONA, SATURDAY, FEBRUARY 17, 1912.
NO. 21
Jfwfjcwe
Cotmtj)
ill
'-.V
Eastern Capital
Respond Readily.
Old Humboldt ring's true and is
bound not to be tilted. In a quiet and
unostentatious way its hidden resources
are being developed and the pro
ducing record largely unfolded for a
record surpassing the past, says the
National Miner. With National, Win-
nemucca Mountain, Seven Troughs
and other lesser points Humboldt
county surely rings true.
Not alone in quartz seems and veins
is the gold found, but in placer beds
which in times past have added their
quota to the world's gold production.
Among the latter which are making a
creditable record is the Associated
Placer company of Spring valley of
which J. W. Wenzel is manager. Mr.
Wenzel just returned from a thirty-day
eastern trip, where he was fortunate
in acquiring strong financial support
to develop and operate the 780 acres
of placer holdings owned and control
led by his company in American can
yon.
Mr. Wenzel ordered over a mile of
pipe and is at the same time installing
a thlrty-two-horse power hoist and
Krough mill which will handle 203
yards of dirt a day and extract for
shipment to the United Stales mint
the gold contents thereof.
The American placer diggings of the
Associated Placer company are very
rich and with improved methods be
ing installed an assurance of great
profit: Some of the gravel and quan
tity treated rates from 3$ to 12$ a
-cubic yard. Mr. Wenzel has confi
dence that with the Krough mill and
the thirty-two-horse power hoist that
he will accomplish startling results.
In speaking of his eastern success
Wenzel was impressed that eastern
capital was instantaneously and en
' thusiilsiivjaH'reijctiive- for Nevada
investments where merit and responsi
bility was combined. He said he found
no difficulty in financing his projects
and stated that capital was manifest
ing a great interest in Nevada and
ready to respond to its needs upon an
honest certificate. ,lBy this," he said,
"I do not mean that capital will not
take a liberal chance when it knows
it will get a show for its white ally or
is confident that the money will be
honestly applied in development and
legitimate effort in making it count
in opening up the fine wealth re
sources of Nevad.i. The great divi
dend record of recent years is giving
the state a standing in the court where
money rules and makes things move."
Rye Patch Mines Pushing Work.
It is expected that the long tunnel
being run by the Humbolt Consoli
dated Mines company on its property
near Rye Patch will cut at depth the
two veins which cross each other on
the surface about the first of next
month.
J. B. Newman came down from Rye
Patch yesterday and reports the tun
nel in a distance of 2S5 feet. The tun
nel recently encountered a change of
formation, making it almost certain
that the judgment of the men who are
interested in the property is correct
and that within a short distance the
vein shows for over 1,000 feet on the
surface, with good values along its en
tire surface opened by the tunnel.
The tunnel was undertaken with the
idea in view that it would open two
veins close to their junction where
they could be productive of large
quantities of milling ore close to easy
and cheap railroad facilities.
The company's property consists of
eight claims in the Humboldt range,
about four miles from Rye Patch and
little more than a mile from the Rye
Patch mine.
Last fall the property was visited by
W. R. Crippen of New York and W.
N. Simpson of Chicago, both of whom
were much impressed by the showing
on the property and in the Humboldt
rarge. .Mr. Crippen was formerly as
sociated with the Guggenheim Ex
ploration company, and Mr. Simpson
is a Chicago capitalist who has invest
ed heavily in the stock of the company
on the strength of his own personal
investigation on the property.
The claims of the Humboldt Consoli
dated company are on the same con
taut as the Sheba and Arizona mines,
probably the two oldest and in their
time best-known mines in the Hum
boldt range.
Walker and Kelly the leasers who
are operating on the property owned
by John G. Taylor and associates at
Black canyon, where three years ago
a considerable amount of high-grade
ore was taken out and shipped, and
have cut the ledge from which ttie
shipments were made with a 200-foot
tunnel, giving them a depth of ap
proximately 153 feet on the vein.
Drifting will be commenced at once,
and it is expected that within a few
feet the dyke which is supposed to
have caused ore deposits will be en
countered. Lovelock Review.
Some Interesting Records.
Nevada heads the list among the
gold and silver producing states in the
matter of large dividends paid during
19U, with Colora'do second and South
Dakota third.
The largest amount paid by any one
company was by the Goidfield Consoli
dated, which disbursed 7,188.260$.
Second domes the Tonopah Mining,
which disbursed during the year the
sum of 1,600,000$.
The first company represents the
gold producers strictly, while the Ton
opah Mining production is largely sil
ver, with additional values in gold.
Since incorporation these compan'es
have paid, the Goidfield Consolidated,
18,146,183$, and the Tonopah Mlninc,
8,050,0003.
The third on the list of large dlvi
dend payers for the year is a Colorado
corporation, a gold producer, the Gold
en Cjcle of Cripple Creek. This com
pany paid one large dividend of 1,050,
000$, and in addition.! regular monthly
atVl(I8nN of 30;CCOjr'Thaking a tots! foH
the year of 1,410,000$. This company
is credited with having given its stock
holders a total profit of 2,028,000.
Fourth place in this l'st of large div
idend payers istaken by another Nev-i-da
company, giving Neva la credit for
three of the principal prtfl -producing
properties of the present day. This
fourth company is the Tonopah Bel
mont, which company, by the way, may
take a position even nearer the top
during the present year. During 11)11
it paid 1,350,000$, making a total to
dale of 2,093,000$.
Ranking fifth in the figures for ttie
year, but first in total payments since
incorporation, is the Homestake of
South Dakota. Sin e it first began to
pay dividends a quarter-century ago,
this company has been giving its stock
holders practically continuous profits,
in all having disbursed the sum of 21,
372,5503. In lull it, paid 1,303,000$
The contest for first place amoog the
companies having disbursed the largest,
amount now lies between the Home
stake and the Goidfield and Consoli
dated, with indications that thi- year
will witness the Goidfield Consolidated
taking equal rank with the Homestake.
Not only does Goldtieli Consolidated
;,'ive promise of taking first place
among the big dividend payers of
the gold-silver producers but already
it holds an unusual record in that its
profits have been earned in a shorter
space of time than has been true of any
other company.
These are interesting figures, show
ing the records made by five of the
most widely known mining companies
of the presVnt day. These companies
not only slibw big earnings for the
past year, but as well for a series of
years preceding, in one instance going
back a quarter century or more, and
with equally as great promise for the
future. Denver Mining Record.
Second Bisbee His Prophecy.
J. P. Richardson principal owner of
the Centurion property, was in Bisbee
yesterday and while in the city attend
ing to business matters, was seen by a
representative of The Review. He
told of the development of his property,
and of the work that is planned both
in the immediate future and later.
"Depth, development and explora
tion are the keynote of our plans,"
said Mr. Richardson. "We are now at
the 640 level, and are installing air
compressors and drills, and expect to
start drilling about the first of next
week. We shall drill as far into the
water as we can without putting in
pumps. Then, later, when we put in
the pumps, we will continue the drill
ing. Our plan is to go to the 800 foot
level and then drift, cross-cutting and
prospecting. Our prospecting work
will be thorough. As to what depth
the water will be reached, that is to be
determined. We encountered a little
water the other day, but that may
come from a pocket, as was the case at
less depth. We are now encountering
a different formation, getting out of
the leached zone and into a region and
formation indicative of the approach
to water and richer ore."
Mr. Richardson declares that the
525-foot level they cross-cut in both
directions 75 feet (150 feet of work)
but did not cross-cut on the 625 level.
He states that they have now blocked
out about 25.000 tons of ore. The for
mation is wedge-shaped, with the apex
up and was 14 feet long at the 525-foot
level. The property extends 1,600 feet
each way. At present eight men in
two shifts, are being worked, and it is
planned to put a third shift on when
the drilling starts.
Mr. Richardson states that even
tually the company will have its own
smelter. With depth it is expected to
strike the sulphides. The ore at pres
ent predominates in red iron oxides,
which, combined with sulphides, will
be ideal for reduction purposes.
Mr. Richardson declares that the
Centurion is by no' means the only
property in tl e district, and that it is
destine i t develop into a second Bis
bee. Bisbee Review.
Passing of the Pocket Hunter.
Joaquin Miller, "the poet of the
Sierras," once said: "The genuine
pocket hunter, like the other men of
the old west, is a part of a sto -y that,
has been told. He has struck his last
trace, and panned his last color." The
pocket hunter's "coyote diggin's,"
shallow as they were, marked the
route to richer fields. They pointed
the way to ledge-ribbed hills, from
which millions are now being extract
ed. Pocket hunting in the early days
was followed as a business, and the
pocket hunter was proud of being a
professional min. He was no ordinary
quartz hunter or placer digger. He
cared for naught but the free gold.
His was an art learned only by years
of hard experience. He was not a
capitalist. His stock in trade was his
faithful pack animal, his grub kit,
shovel and pan. Pocket hunting was
a most absorbing pursuit, as any old
veteran of the trail will affirm. Many
died ricli at the game, many others
died o r;ndagreal number labor
ed assiduously for years without strik
ing a traje; but they lived and worked
and passed the seasons in golden hope.
Pockets were found in California
and southern Oregon during the palmy
days that yielded from 1000$ to 1,0 0,
000$ each. The Divoll pocket of So
nora, Cal., contained 500,000$ and was
emptied in 5 weeks. The Gold Hill
pocket of southern Oregon, gave up"
450,000$, yielding its lucky discoverers
over 25,000$ per week.
The method of operation followed
by the pocket hunter was very simple.
When he found favorable ground he
halted and struck camp, usually near
a stream. He followed the stream and
panned the dirt, washing each pan
down carefully, and eagerly scanning
the residue for colors. If a little
string of yellow followed closely at the
heels of the black sand, across the
bottom of the pan, his grizzled features
brightened with a smile. That little
string of yellow was colors of gold, and
the black sand to which it closely
clung, its inseparable companion. If
the pocket hunter struck good colors
he panned again and again near about,
and if the colors grew better with each
pan he knew he was on a trace, which,
if he followed unerringly, would lead
him to a pocket.
Once on a trace, thero was no stop-
ping him. Here was where the real
knowledge of the profession manifested
Itself. Tracing was hard work, and it
had to be done systematically and in
telligently. No two pockets were a-
like. Each one presented problems
peculiar to itself, and which had to be
solved entirely independent of all pre
vious ones. Such things as precedents
were not a part o! the pocket hunting
game. Nor was finding pockets al
ways luck. It was mostly hard, per
sistent work guided by the knowledge
of experience. Mining and Engineer
ing World.
Good Run on Leasers' Ore.
The Quartette mill has just finished
a fifty-ton mill run for Charleston and
Lund, the leaser, operating to the
west of the main shaft. While the
exact values of the run are not yet
known, the returns will be very good,
estimated to be between 930$ and
1200J.
Messrs. Carleson and Lund have
started a second shaft, a short dis
tance west of the first one. The new
shaft is down fifteen feet and shows a
beautiful vein all the way down from
which is being taken g"od rock. In
fact, some of it is well in the high
grade class. They already have a
five-ton car loaded for the mill from
this shaft. At the same time work is
progressing in the first shaft, now
down about sixty feet. The leasers
are getting out a second mill run.
The mill is still grinding away on
ore from the Hoine and Ray lease at
Fourth of July Mountain, and from the
Huff lease on the 1100 level of the
main working.3. Mr. Huff has over
200 tons of ore In sight being milled
and being gotten out for the mill.
The values cannot be stated, but it
is evident from the way the plates are
looking that there will be handsome
reuima-fr-om thcmo-... -y
James Montgomery has started a
new shaft back of the boarding house
on the piece of ground leaded by him,
and is finding some good rock on the
surface.
The ore body on the 1350 level is
looking better as work goes on. The
values are low, but it is expected that
there will be an increase as the body
is opened into. An increase in the
water flow has been noted, and this is
taken as a good indication. Search
light Bulletin.
Developing Gypsum Deposit.
Will N. Munsey, formerly of Bakers-
T
I No anxiety on i
I Baking-day
Dr Prices
Baking
Insures ligni, sweeil
wholesome -f o o a I
mmmmw A pure f ream of Tarter I
tWJtal Powder I
Fs
k
It
SKKKKSKKKKKKSKKSKKS
field, but now sojourning on the desert
near Kane Springs, was in town yes
terday and says that the California
Gypsum Company, which has 740 acres
of gypsum land close to the Salt Lake,
is making excellent grogress in the de
velopment of its property. It has
erected a mill close to the railroad
and about two and a half miles from
the gypsum deposits and is turning
out seventy tons of plaster c day when
the plant is running full capacity.
The gypsum, which covers the
ground to a depth of six inches to
fourteen feet, is so free from im
purities that little is done to it save to
sift out the grass roots and calcine it.
The mineral is scraped with horses
and scrapers to the top of a platform
from which it is dropped through a
trap Into wagons hauled by a foriy-five-horse
power traction engine. The
wagon train carries thirty tons at a
trip. At the mill the gypsum is drop
ped through a revolving screen and
then elevated to two kettles, where it
is raised to the'requlred heat to expel
the water. Bakersfield Echo.
Big Find Made in
A Desert Mine.
A Goidfield dispatch says: A new
lens of ore has been discovered on the
Whlpsaw claim of the Keane Wonder
mine in Death valley, which has head
quarters in San Francisco, that will
raise that property from the position
of a small mine to one o the best in
the southland. The lens is at least
fifteen feet thick and, according to the
measurment of the adjacent forma
tion, may reach the thickness of forty
feet. Its length and depth will not be
known for possibly a year, as this tlmt
will be required to carry out the de
velopment. The ore will average over 1003 a
ton. The first two years of the opera
tion of the Keane Wonder mill showed
the ore average i2$ a ton, ut the last
eight months the recovery has been
about 20$ per ton.
The Corondo mine is meeting with
gjod fortune in its operation, of la e
in that it has been successful in an at
tempt to drain the shafts and drifts of
water and has since broken into a fine
body of ore in the formerly subraergtd
levels. The comp.iny will commence
more extensive operations there soon.
This is good news for that section of
the country, which has alwsus been
noted for its rich gold mines. The
Coronado is a close neighbor of the fa
mous old Congress mine and will prob
ably take its turn as one of the big
gold producers. Wickenburg Miner.
. . I
if you use
Powder
mitstMi
A
r
