Show GREAT INTEREST AT OATMAN numerous transfers of mining prone property r t y 1 tom reed gold road belt by william P dewolf oatman arizona may 24 ano 0 arf niora ore strike in any section of the tom reed gold road district will be followed by an i inal of capital and population such as attached to the early days in chiple creek and gold gold field the foregoing statement was made by j 0 A carper a prominent mining man of oil colorado who has recently made ex tensie purchases of mine acreage here in sum ming up the prevailing conditions in their bearing upon the future mr carpers opinion is shared by th great majority of mining men who have hate visited this camp during the last few months and they like he have lent emphasis to that opinion by the weight of their dollars that is to say their money is doing most of the talking mining and building activity is general throughout the district and is featured feature dof of late by the option or purchase of a large number of valuable mining properties it is the down to the minute scope of these activities tivi ties and the prosperity that pervades the camp which called forth mr carpers forceful comment emanating from a man of his wide experience in the mining camps 0 oz the west it is worthy of acceptance at its face value and it is withal a trite commentary on the work the mine makers of this district are doing camps busy scenes miners and mine buyers from all sections of the country are flocking to the camp and the con census of their opinions is that the local mines and prospects afford the most favorable opportunity for profitable investment that has been presented since cripple creek and the camps of southern nevada began adding their generous quotas of treasure to the gold output OL 0 the united states in the aggregate the purchases and prospective purchases of these men have a value approximating halt half a million dollars the capital represented represent ei comes from as far east as new york city and from as far west as san francisco and ad los angeles the auto stages from kingman kopocs kopoc and needles the points of debarkation from the railroad arrive daily well freighted with passengers and are supplement true trucks at intervals by the arrival of auto and freight teams loaded with mine mille 02 chinery and merchandise in general en couo ho earlier throughout the day and the of evening the main street of the camps cadle of divers d at times so crowded with vehicles of sorts interspersed with long strings skillful i the s mule teams that it would tax I 1 to un untie a ingenuity of a traffic policeman the on oil the various units and keep them move in the absence of traffic regulations and a traffic cop the scene is often one 0 oz C confusion interlarded inter larded with much picturesque esque profanity in anticipation of the growing needs of the district buildings are being hastened to completion at oatman and at old trails the latter being the new camp recently established on the broad and level stretch q ain hn the neighborhood of the boundary cone 1 I that massive uplift of gold bearing rock across whose conical top passes the thirty fifth parallel prominent among the buildings ings being erected at oatman are a large store for the mercantile firm of lovin and withers an equally large store for the arizona stores company and a two story office and store structure for M force at old trails a number of houses and stores have been erected and they are soon jo to be supplemented by several buildings of concrete blocks among the latter the most pretentious will be the hotel contracted tor for by denton and hamlin the townsite building to be erected for rowley and blakesley and the office building to be erected for the lexington arizona mining company roster of transfers the deal of greatest magnitude in local mining circles was closed the current week when the directorate of the pioneer consolidated soli dated mines company for the stockholders divided the companas comp anys acreage into four groups and authorized the transfer of the pioneer group to a syndicate of colorado capitalists headed by whitney newton of denver this transfer calls for the payment of several hundred of thousands of dollars in installments howard bancroft the noted geologist formerly of the united states geological survey made the examination which resulted in the deal for the pioneer with the Colora doans the main shaft on the pioneer has a depth of feet and is fitted with one of the most powerful machinery plants in the district the equipment includes a 10 stamp mill and cyanide plant an 80 horse bower power engine and cubic foot compressor a 22 horse power hoist a 15 horse power hoist and a full complement of tools and mine buildings all of which pass to the possession of the Colora doans the latter 11 will begin development work in the main pioneer shaft on june 1st ast under mineral conditions that apparently bespeak the reduction of ore at an early date I 1 it is the intention to lower the shaft t to a depth depth of feet and at that level to crosscut the large ore bodies exposed on the and foot levels the crosscut and adrift drift north on the foot level show a foot oot ore shoot that samples from 5 to 16 per ton while the development work to the south on the foot level has opened an ore shoot that samples an average of 12 per ton cripple creepers Cre ekers invest fred crosley a well known mining engineer who is interested in the development of the valuable vindicator and cresson mines in cripple creek and J 0 A carper who is prominently identified with mining at cripple creek have taken over for themselves and other Colora doans the Strai hardy and cash entry groups and the moonlight and sunlight claims the two last mentioned adjoining the estate of the united eastern company and carrying a ledge parallel with the rich lead being worked in the united eastern mine work is to be started on the moonlight and sunlight claims at an early date it is understood that fessenden and wilson the former owners retain an interest in the property the straight group of five claims was purchased from walsh and mcdonald it adjoins adjo ins the valuable ivanhoe estate and carries the extension of the ivanhoe ledge on the south it adjoins the pittsburg property the hardy and cash entry groups are held under option and I 1 am reliably informed that the options will be exercised at once mr crosley who is now here also has in view the option ing of two other promising properties joe onetto superintendent of the pittsburg mine has optioned option ed two groups of valuable claims to san francisco people one adjoining the straight group and the other adjoining the lazy boy property both are considered promising prospects as they are traversed by bold and well mineralized ledges william formerly of cripple creek has optioned option ed the last chance group from stockier and brough the ac creage adjoins the lexington companas comp anys estate on the southeast and carries the extension of the lexington ledge one of the largest in the district new yorkers in field new york capital has recently become interested here by the purchase of the gilt edge property from W A brooks charles oster a capitalist of new york city is the moving spirit in the venture brooks is said to have received a cash payment of and a large block of stock in the company which is being incorporated to take over and work the estate it consists of six claims carrying a ledge from four to six feet wide that samples as high as per ton H K wheeler formerly of cripple creek has optioned option ed for los angeles people the lazy boy group of five claims from joe kraus the acreage lies between the iowa and paragon groups and is considered one of the most valuable in the south end of the district of the district john ward formerly of cripple creek has optioned option ed the gray eagle group of four claims and a fraction from dunbar edmunds and thornton he is negotiating the sale of his option with frank busch who formerly operated the moose mine in cripple creek operations will be resumed in the vic tor virgin mine on june 1st ast the property was recently bought by the orion mining and milling company it is equipped with electrical machinery a stamp mill and a full complement of tools and mine buildings I 1 A contract for electric power has been signed |