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Show CRACKER TROST PEOPLE BUYING NEVADA MINE 1 Leading stockholders In the famous cracker-baking trust ot the United States are Investing heavily throughout Nevada. Ne-vada. A conservative estimate, made by , a well-known Salt Lake man who was recently re-cently located at Rhyollte, places the ag- ( gregate sum which these cracker bakers have applied In the entire State at $300,- . 000 to $400,000. Most of It. however, is at Bullfrog, which they regard as the likely largest camp of the State, on ac- : count of Its big veins. They have placed , money behind their confidence, also. In what Is known as Eldorado canyon, in : the Searchlight district, and In the Gold Mountain country, half way between Goldfleld and Bullfrog. , ! The representative of the cracker trust I in Nevada Is A. A. McKnlght. but his backers have not been known, although It has been a matter of comment frequently fre-quently where he secured the funds almost al-most Instantly upon the completion of a deal to close It. Most ot the pur- -chases have been bargains for the buyers, buy-ers, however, as "cash down" payments ' have always caught prospectors' hearts ' In Nevada as elsewhere very quickly. Probably one of the biggest things secured se-cured in' this way by Mr. McKnlght for .. the trust members was the. big mine at Gold Mountain, wherein there is al- i ready In sight a vein fifty to sixty feet wide of ore that averages $40 to $50 silver and some gold per ton. Very soon the owners contemplate construction of a mill for the reduction of this ore, which surrenders values easily te ordinary, mill- . ing processes. - The syndicate la also a large holder in Diamond Bullfrog, as well as the Sho-bone Sho-bone Bullfrog Gold Mining company. Its ramifications having extended throughout. -the State so largely and the properties secured having been so satisfactory, it is' said that other deals are pending for further fur-ther acquirements by these people. |