Show STEADY GROWTH OF searchlight SPECIAL correspondence searchlight nevada june 10 one ona of the best indications of the development throughout this district that is the result 0 I 1 conservative business methods at tendel by successful results from efficient manage ment and effectiveness in the various operations is the large amount of deeds and transactions that are being recorded this is unmistakable evidence of the vast increase of activities now growing in searchlight the quartette company has just ansta instated led a new horsepower western gasoline engine this engine is to furnish power for the new electric light plant air compre compressor and electrical pump the engine is one of the largest largist ever built by the western company the quartette has also acquired some copper property in inthe the cima district california comprising a large group adjoining the standard mine several shipments have been made running from 1500 to a carload the new management intends to do extensive development as three hoists have been ordered for initial work A shipment of ore has been made madd by stoner to the phoenix ariz smelter the shipment consisted of 2100 pounds anch netted after freight and treatment charges which amounted to 32 were deducted this return gave the owners such encouragement that steady shipments can cambs be looked for hereafter the nevada searchlight has struck an excellent ore shoot on the grand central claim this has so encouraged the management that the work of sinking to water level will be rushed with the greatest possible speed as the usual large body of excellent ore is expected at water level which should be encountered at a depth of feet it is rumored that the entire southwestern companas comp anys property is under option this company has extensive holdings in eldorado canyon and the surrounding country all 11 of which is quoted at a price of senator W A dark clark is mentioned as the possible purchaser the searchlight bonanza company is 13 backing its good opinion of its property by putting in a good gasoline hoist and making substantial surface improvements such items of individual activity on a comparatively small scale may not spell much in print but when one looks out over the field and sees a hoist going up here a shaft going down there a new mill towering above this property and houses being erected on another it soon occurs to him that h here ere is a place where mans faith in the ground is being backed by his muscle brain a and nd v money A new innovation will be introduced into searchlight district likewise the entire state of nevada by a new company organizing under the name of the searchlight consolidated mines ltd which is to pattern after the old en english lish venture companies with a capitalization of shares par value 1 of which four m million shares have been placed in the treasury the company has acquired twenty claims in the northern end of the district and is preparing for extensive developments which is made apparent by the fact that two gasoline hoists 25 and 10 h p respectively will be installed immediately ogilby woods has been selected as the superintendent and will have charge of the companas comp anys entire workings summit springs and sunrise the districts east of town are now teeming with activity and reports from summit springs are to the effect that ore running from 10 to 75 is being blocked out on the main property erty of this section the numerous groups of claims are being incorporate i and put in condition for immediate development at sunrise several groups of claims have been sold to minnesota and pittsburg capitalists and the first rush that was occasioned in this district four months ago when hundreds of claims were staked out is now resulting in a vast amount of money being expended in order to develop the ground such development in most every instance is meeting with better results than was anticipated by the owners should this excellent showing continue with depth searchlight will expand into a district that has lain dormant for many years with the prevailing idea that it contained little or no mineral this idea having been disproved as in hundreds of other cases by the ever patient prospector el dorado and nob hilt hill A large number of freight teams loaded down with supplies are passing t through searchlight en route to el dorado and nob hill these districts are keeping up their unceasing activities that commenced several months ago and by the time the railroad is completed into searchlight the el dorado and nob hill district will have enough ore of a shipping grade blocked out to furnish the new railroad with return freight for some time as the management of the various properties state that they will hold all shipping ore until the com completion of the railroad in order to save the additional freight expense which would amount to considerable sid erable at the present time el dorado district among the goodly number of properties coming under the limelight in the el dorado district the geor georgia gla group now stands conspicuously the property out comeri eight claims the georgia and 03 gold co having avin produced the most m encouraging suits of any for the t me and m money ohey p two assays essays taken from a recent sunk shaft one near the surface 7 all ana an n other further down gave returns of 46 ana per ton respectively ROBERT LANKA |