| Show YELLOW TIGER consolidation special correspondence goldfield nevada dec 8 one of the most important deals in the history of the famous goldfield district has just been consummated sum mated in the merging of the properties of the yellow tiger consolidated mining company the desert chief consolidated mining company and the new goldfield sierra mining company this merger is in effect an absorption by the yellow tiger of the other companies by an exchange of stock and assumption of outstanding indebtedness the yellow tiger also owns substantial claims against the property of the red lion consolidated mining company and when negotiations now under way are completed this company will also be merged with the yellow tiger this will give the yellow tiger company about acres of very promising ground in various parts of the goldfield district and will enable the company to not only carry on development work of importance on its own account but to reap the benefit of work performed by other companies the main offices of the company will be moved to golda goldfield beld and aff affairs airs will be directed b by y some of the most widely known and competent operators in nevada H G mcmahon widely known as the moving spirit in the formation of the goldfield development company will be a director and will devote much of his time to the affairs of the tiger company mr mcmahon is general manager of the cracker jack and red hills companies and has large interests in many other successful ven ventures tures it is a tradition in southern nevada that companies in which mr mcmahon is 1 interested enjoy efficient and economical management mr mcmahons hons ability as a business man and engineer is best attested by the steady tenor of the stocks of companies under his charge A I 1 darcy is another prominent operator who will hold a seat on the directorate of the tiger company his wide experience and known standing make his operation cooperation co invaluable mr darcy is well known in the mining world as consulting engineer for the wingfield nevada interests including the great tonopah divide mine however mr darcy recently resigned from most of his many important posts to devote his time almost entirely to the management of the goldfield development company and to direct the affairs of many other well known goldfield properties considering mr darcas DAr cys eminent position in the mining world this action on his part is prophetic of a long period of prosperity for the goldfield district settles bettles will be manager the active management of the yellow tiger will be in the hands of gordon M bottles bettles mr bettles has a prominent post tion among development engineers in nevada and with the operation cooperation co of his associates will make a most favorable showing in the development of the yellow tiger holdings H A riedel biedel of denver colorado for years president of yellow tiger will remain 0 on n the board of directors mr riedel feels assured that the new management will make the yellow tiger one of the prominent and successful companies of nevada the new directors are now planning an extensive campaign of development with the object in view of rapidly bringing the tiger to the producing state by economical management and public announcement of all developments they will keep the stock popular and active one of the most important pieces of work will be the thorough prospecting of the surface of all the claims in an endeavor to uncover the sources of high grade float found at times in the past this trenching drenching tren ching will be commenced in the near future and aside from the possibility of finding high grade surface shoots will furnish geological data of importance in the prosecution of underground developments due to the excellent ground owned by the company much of which is conceded by authorities to be the most promising ground in the goldfield district not already thoroughly developed and due to the excellent supervision that the affairs of the company will receive it seems assured that the yellow tiger company will enjoy a long period of prosperity resulting in profit to all concerned the shares will be actively traded in on the san francisco exchange and new york curb and should become a popular issue |
