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Show tHE INfTER-MOUNTAIN REPUBLICAN, SALT LAKE CITY, UTAH. SUNDAY, OCTOBER 28, 1906. | LS| AND PROSPECTS FURNACES AND MOHAWK VALUES Perse Sarna 7 : SPRUGE MOUNTAIN 2H > TAKES NEW LIFE EXGITE COLOFIELD : tay,ax reported by MeGor $ | an EMPLOYES Minployer MADE Who Stock MOREY CAN Advised Alone Them on Advice Let ad ily ae Rear Town. PEDRO HAS RIGH |GREAT ORE IN BLACK HORSE ° the of His Partners. amp COPPER Has produced but Is Eagle's Nest Oversubscribed 825,000 Shares at 35 Cents and Already Selling at 45 Cents. DEPOSITS Getting | " ister Companies--Mines Adjoin + Montana Capitalists Are Entertering Old District in Nevada. Biggs | oy wens COs: sae ney rer reer Tane bet Pie carte i Leases From Ore MeaNe SI SO | $70,000 bullion $30,000; Ore, i Wonderful Eagie's Nest Fairview and Fairvicw Hailstone Lead and Into Ked Silver Metal strikes Body iraalive Feet Wide| ae than the work of the high-graders and And then the owners of the lease} doubtless console themselves with the | thought that they are doing very well in spite of the stealing Kecent transfers and big deals in Mohawk stock ing and men started brokers a group off ent mood the other Goldfield Tribune, and in a day, for his told who to New } tle of min-| The Black. reminis- | White Horse Pine the mining county, camp Nev., discovery , . ; of a ore AG SA Alara . j came yesterday from Frank Stewart to the soe is ore in | quite Salt Lake. extensively excited | trict. body of Tt to for rich rd One has | iper lead interested party of men just taken over mines, owned in from the by 16 Wore'. | {2 Justice of the Nevada . for some Superintendent } ;and operated San Pedro com- | L Moats of this elty friends or his clients. One|! pany's headquarters in this city of a number of colored Stewart says that on the 140-foot made money in the stock, | of the workings he encountered a the the the | dis- north Kille 3 and JutiG. F. Talbott, supreme court time by George The purchasers vill, it'is. said, begin at once. an 3 F tive campaign of development and} production at the property Robert Hartley, former postmaster one of whom bought 1,000 shares at/of ore 12 feet across which gives of Spruce Mountain camp 20 cents and held it until George |average values of $35 to $40 a ton, He | #! d father in the city yesterday closing the Wingfield made the first big buy from!}at once started to crosscut both walls, ; ¥ as le of his Spartan, Index and Bingo Jim Forman at $2 This was too/and will follow the best lead He de-| to William Dunn of Bannock, much for the laundress-she sold out/elares that the rock looks better with] ©! laims for a good round cash figure und with her $200 increased to $2,000! every shot. Mc mit Dunn will organize a company for she Invested in a rooming house in| This news proves to the complete Mr actual work Manhattan lsatisfaction of the San Pedro manThe Black Forest property has just A man who had a lease on the jagement that it has a great big mine. ' Wiseman and | been taken over by Mohawk related incidents of his emThe shaft has been going down on Mollett, who also expect very ployes who bought the stock upon his|ore for 100 feet, and from one point |< _ mes mn to begin outputting the red metal advice and all made money, according | 104 tons were taken out and milled Samouti Seott is doing dé velopment to his nerve. Some one said "how much] which gave returns of 256 a ton, and work upon a promising property in did youmake, Joe?" The reply came|the greatly increased 4vidth of the ore camp back With some feeling, "not a cent.|pody at the 140-foot level eliminates | A new wagon road will be built on I depended upon my partners, who}a}l elements of conjecture as to its easy grade from the camp to the at asked ,me not to monkey with the} permanency as well as its richness "vada Northe rn railroad and shipIn earnest as soon ph 1g Will be begun Public Didn't Realize It. attracting attention only since last this. Js Scie shed. S 5 w March, when a prospector uncovered The true significance of the strike some phenomenally rich ore at the made by Hayes & Monnette did not surface, which had been overlooked oo+: 4444+ HHH Heese eee +ere t dawn on the public for many days prospectors and wood-haulers fo r For one thing, the quake and fire at many years. It was then found that ; eo OF PRESIDENT San Francisco demoralized everything jt was but an extension of the disROOSEVELT. ¢tor several weeks. The ore, too; was tflet tn whieh 1s alttud tety the Osceola *much lower In grade than has since mine, six miles away. from which Delegate Matt cease been opened up. Hayes & Monnette, something like $13, 000, 000 fo gold has Salt Lake, said in a speech behowever, were confident of the future been taken The latest development fore the Utah state convention and unhesitatingly invested all the in the San Pedro property will doubt+ of the American party in Salt money they could get hold of They less increase the rush to the camp, + Lake City on Friday, Sept. 21, are credited with a block now that which has been on to some extent + 1906: "Great as he is, I am means a big fortune. Géorge Wing-| since the first discoverles last spring. + ashamed of President Roosevelt, field, too, was Johnny on the ppot, and + every true American has Was kind enough to "wise the same feeling toward him. TI his friends as to the value of the: Sic. . despise President Roosevelt for hawk. It was the Wingfield purchase NITED STATES GETS a the deal he made with the of Jim Forman's 20,000 oe me + people of Utah." The speaker first awakened the public, anc ny | + was tremendously cheered by a fortune has been made by re the convention. operators since that day in July when | + new life was instilled into the lethar+ SH+He+eseee eee ee eee gic market by the boldest plunger in | The Black Horse district Mi level body has | | || | been +++++ Stock.' Bld ORE CONTRACT Local Smelting Firm Signs for 150,000 Tons From eg Nev. wi COMPETITION \ WAS Lewisohn's Salt Lake KEEN to Deliver 100 Company Tons "ive at Tecoma, fic Cabin ant Gold ment Develop- |s ae Companies now one ham street, by Terms street. Nev., railroad, a Day for Years, on just the Southern across line, is assured by the of manager miners Vest vacant South the Temple street south front on Brig- 10 rods east front to sult purchaser. on for Work. 'U Have Th & new str uction South Te PaUtah- the clos- nu or just street, mple mber and in streets |™* are course completed to are value than Salt Lake con- on State They in of and The new |been signed since the Boston Consoli- two And come, GOLDPIELD'Sei MAIL GelaSeld. Nev., Oct. | RECORD. 31--Th WILL Diamond WORK and AT United PARK *Phone-Bell New Private Wire Are) Service. JAS. A. POLLOCK & CO., Bankers and Brokers. 4 W. Second South Street. SALT LAKE CITY. Orders Sromnely Executed in Stocks, Bonds, Cotton, Grain and Provisions wires with of first class |fices of the jmoved from company Colorado are to Springs be reto this| No othér-postoffice of its age injcity and that at the approaching anthe Shieioed of the service has ever|nual meeting some of the Salt Lake | cone the business transacted by the| men interested In. the company 1| Goldfield postoffice. be placed upon the board of directors. | MARKET Issued Friday Secretary, set 302-3 Herald 1081. into the Hailstone ground for JOHN 600 D. CAMPBELL, proved to be northeast and southwest, and the fecuracy and truth, that this vein system penetrates They are situated in a row on this great vein system; is in view oucthe surface of the four properties, only properties, of which it) are the Nevada Hills, Pagle, they adjoin each other, and can be Eagle's ore has directors Sparks, of the Fairview Hailstone Governor of Nevada. The aside J. W. George Langley, D. Pyne, Mine Mine Operator, Operator for Company Consulting are: Engineer. Tonopah. Attorney-at-Law, Company ts incorporated for the treasury. Mining and 1,000,000 Goldfield. shares of a par value of $1 each; 300,000 shares have ' L. M. SULLIVAN TRUST CO. GOLDFIELD, NEVADA. LETTER Building. for 500 fectand -_-_-_-_-_-_-_-_-_-_- --- Afternoon. TELEPHONES ground been Reservations for Fairview Hailstone Mining Company's shares should be telegraphed preferably All ments will be made in the order of receipt. Kemittance should follow immediately after ‘telegra hie: noti 42 allotment re Stock can be forwarded throngh the bank, attached to draft, whenever s re ; «al ae tors we orn reliability we can assure ourselves ee ------ QUICKLY IF AT ALL. It will not be necessary to make a second announcement « is offering Ghavon ra this company are being eagerly picked up by mining men on the «& round, and i the Indications are that the entire treasury offering will be over subscribed several times ~ WM. H. TIBBALS. Broker, BOTH Nest propert at its age, isgnow Counsel, INVESTMENTS. WEEKLY on cach Vice President, John DPD. Campbell, Treasurer, L. M. Sullivan. JOHN C. CUTLER JR. MINING required to work The officers and President, John Ne ew "ork Cc otton iE xe change, Boston Stock Exchange, Chicago Board of Trade. dle all prominent Utah Mining and Commercial Stocks. Our Mr. Pollock now membe CHICAGO BOARD OF TRADE, Ly e et. 27.-The b . "ve ness of the Goldfie Id postoffice Nes oe eee: | INV ree NT BANKER, the first seven months of the fiscal! The Diamond and United properties| Established 1893.) year puts it in the first class, If not|at Park City are to be developed at| BON Ds, SUGAR STOCKS, a two-cent stamp was sold during the }once, announces -H. Leifman of Chi-| STOCKS remaining five months the office would |<ago. president of the company, who} Other High Grade Inve "stments rank in the first class 2 just arrived in the city. The plans ught and Sold. The business for October shows an linclude the erection of a compressor| Both ‘Phones 127. 36 Main St. increase of 600 per cent over the same | plant, and the shaft which is now month of last ear | down 840 feet is to be sunk 500 or| If the business of the office for the l6oo feet further Explorations will! remaining five months of the year! be continued on the 800 level and the! maintains the standard set by October, |mine opened up for production as rap-| it will amount to $160,000 for the |idly as possible, | Quotations and information given oD) cae two and one-half times the min-| Mr, Leifman says also that the of-j|re quest. imum amount offices. Pagie's AT THE TIME WE WRITE THIS ANNOUNCEMENT OUR MAILS ARE CROWDED WITH SUBSCRIPTIONS TO EAGLE'S NEST PAIRVIEW AT 35 CENTS PER SHARE, ALL OF WHICH WE ARE COMPELLED TO RETURN. TO THOSE WILO HAVE PATLED IN THEIR EFFORTS TO PROCURE SOME OF THIS STOCK IN THE BAGLIOS NEST FAIRVIEW MINING COMPANY WE KECOMMEND THE IMMEDIATE PURCHASE OF PAIRVIEW HAILSTONE AT THIRTY CENTS. WE BELIEVE THAT FAIRVIEW HAIL. STONE AFPORDS THLE SAME INDUCEMENTS FOR MONEY-MAKING AS EAGLE'S NEST. WE ARE FIRM IN THE CONVICTION THAT ITS PROSPECTS FORK DEVELOPING INTO ONE OF THE GREAT MINES OF THIS STATE ARE EQUALLY AS GOOD AS THOSE OF ANY PROPERTY IN THE PAIRVIEW DISTRICT. Spe aneEE 57. CITY. Properties across the There can be no two opinions as to the prospective market value of shares in the Eagle's Nest and Hailstone In our recent announcement of the promotion of 1¢ Eagle's est Fairview Mining company we stated that that company was justified in selling its treasury shares at more than double the price they were offered at, but that in conformity with our policy to put investors in on a ground-floor basis-a basis which shall always warrant an immediate profit-we bad seen to It that the price made was below the totrinsic value of the shares, The same policy is being followed in the promotion of the Fairview Hailstone. This company was not acquired until the ground which it owns was proved up, bat the price of 30 cents a share, which Is named for the treasury stock now offered, las been decided upon on the basis of a gold mine prospect, and not a proven gold mine There is no question in anybody's mind in Goldfield or Fairview that if the Sullivan Trust company should walt half a year before the promotion of the Pairview Hailstone company, and itself supply the money for developing the property, it could then dispose of the shares in the open market around par. If there is anything In this world more sure than another it is the Eagle's Nest Fairview will advance in value from the promotion price of 35 cents per share of a fortnight ago to $1 per share before this year is over. And inasmuch as the development work on the Hatlstone will be prosecuted with equal vigor, and the Hailstone has re same vein system and is under the same management, and will be as well financed as the Ioagle's Nest, the re can be no question us to the tremendous opportunity for the investor in' Fairview Hailstone Bfining ~ company's share sat 30 cents pow. in any 2~ company. Nest, 3rd City. = 4 Mining company has a capital stock of $4,| dated-Cactus-Utah Consolidated con500,000 in shares of the par value of j tract was entered into. $1 each, and the stock of the old) The Salt Lake Copper Mining & companies is exchangeable share for | Smelting company is headed by Adolf share for that of the new. The Con-| Lewisohn of New York, and Richard solidated peril ged owns producing |S. McCaffery is manager The commines at Telluride, Colo., as well as its | pany built a smelter north of this city | most promising properties in the Gold | several years ago, but for some rea- } Mountain district of Utah and it is be- } son Pais project was abandoned, and | lieved. that it has a very bright fu-|the company has been confining itself ture It is already prosecuting very |to the mining operations at Tecoma. | active development work on the Gold | w here it has opened great bodies of Mountain properties, ineluding the }good copper ore. | driving of tunnels and sinking ot | A feature of the awarding of this | shafts. \« contract which should appeal to} The Log Cabin tunnel fs in about lanining men is that it was secured by | 1,100 feet and at 1,800 it is expected |the United States company only by the | that It will connect with the mother |closest sort of figuring against its big} lode veln, which extends from the | competitor, the American Smelting & Sunshine crater to the» Edna crater, | Refining company, It shows that there a distance of 2,000 feet, and whose | is competition in the smelting busi-| values are said to run from $80 to | ne ss in this valley. several hundreaoa dollars a ton in gold. | Vagle's West greater on Che stated with absolute Nest and Hailstone. been opened up and Counted in between streets? other re You buildings The properties of the Log Cabin for treatment. The contract covers |S5¢¢ it. No trouble to show property Gold & Copper Mining company and la period of five years, calling for de-|or to quote prices to those who mean the Gold Dévelopment company of |livery of the ore from the mines of business. Utah, in the Marysvale district, have |the Salt Lake company at the rate GEORGE M. CANNON COMPANY, been consolidated under a holding | of about 100 tons a day. It is probably company known as the Utah Gold| jthe largest single contract that. has Rooms 512-513 Templeton Building. Mountain of Fairview has now been under deyelopment half a year. The first great discoveries were made on the Nevada Hills Mining company's ground, stock in which is mow selling at above SS per share, The next great strike was made on the Fairview Eagle Mining company's ground, which adjoins the Nevada Hills on the northeast, with the result that Pairview Eagle has gradually advanced in market value to above par. The Eagle's Nest adjoins the Fagle on the northeast, and the Hailstone adjoins both the Pagle's Nest and the Eagle on the east. The direction of the great vein system which has made the Nevada Hills famous as the greatest silver-gold mine in We are agents for several pieces of ing In the last few days of a contract business and prospective business jby which the Salt Lake Copper Mining & Smelting company tis to furn-] Pr operty on 3rd South street. The ish the Bingham Junction plant of the|time to buy is before prices advance. United States Mining & Smelting comLater you will wonder why you didn't lor. with 150,000 tons of copper ore Unite WE OFFER FOR IMMEDIATE SUBSCRIPTION 250,000 SHARES OF TREASURY STOCK OF THE FAIRVIEW HAILSTONE MINING COMPANY AT 30 CENTS PER SHARE. THIS IS A SISTER COMPANY OF THE EAGLE'S NEST. THE TWO PROPERTIES ADJOIN AND ARE PART OF THE SAME VEIN SYSTEM. THE EAGLE'S NEST ESTATE ADJOINS THAT OF WINGFIELD AND NIXON'S EAGLE MINING COMPANY ON THE NORTH AND EAST, AND THE HAILSTONE PROPERTY ADJOINS BOTH THE EAGLE AND.EAGLE'S NEST ON THE EAST. FAIRVIEW EAGLE STOCK IS SELLING ON THE SAN FRANCISCO STOCK EXCHANGE AT ABOVE $1.10 PER SHARE. IT WAS PROMOTED AT 60 CENTS PER SHARE SIX WEEKS AGO. iw ba the world Agrees LARGE CONSOLIDATION ON GOLD "MOUNTAIN REMe oie Gok alte Log buy WE ANNOUNCE OVERSUBSCRIPTION OF EAGLE'S NEST FAIRVIEW MINING COMPANY'S STOCK TOTALING 825,000 SHARES. PROMOTED AT 35 CENTS PER SHARE WITHIN THE MONTH, IT 1S NOW SELLING ON THE CURB IN GOLDFIELD, TONOPAH AND FAIRVIEW, AND IN SAN FRANCISCO, AT 45c. IT WILL BE LISTED ON THE EXCHANGES OF SAN FRANCISCO, SALT LAKE, GOLDFIELD AND ON THE JERSEY CITY CURB WITHIN A FEW DAYS AND WILL INSTANTLY COMMAND EVEN A HIGHER PREMIUM. AS IS USUAL WITH ALL OF THE SULLIVAN ISSUES, MORE OF THIS STOCK WAS SUBSCRIBED FOR BY MINING MEN ON THE GROUND THAN WAS TAKEN BY INVESTORS LIVING AT DISTANT POINTS. THE LARGEST BLOCK OF EAGLE'S NEST FAIRVIEW SOLD TO AN INDIVIDUAL WAS TAKEN BY MR. GEORGE WINGFIELD, WHO, WITH UNITED STATES SENATOR NIXON, OWNS THE CONTROL OF THE FAIRVIEW EAGLE AND THE SENSATIONAL GOLDFILD-MOHAWK MINE, WHICH HAS ADVANCED IN MARKET VALUE FROM 25 CENTS TO $5 PER SHARE WITHIN HALF A YEAR. IT IS MAKING A NEW RECORD IN THE WORLD'S HISTORY OF PRODUCTIVE GOLD-MINING. feet. Immediately upon the latter discovery the Sullivan interests secured control of the bairview Hailstone Mining Company telegraphed from Fairview October 19, on the significance The following is the report of John dD, ¢ ‘ampbell, of the great strike: edge on which ee Ids man made great strike assays $320 per ton. Ledge passes through endlines Lookout claim of bhagk est ining company, and apexes on Wagle's Nest ground for 500 feet. It then continues and crosses bath agintnka of the Tlailstone; 500 feet of the ledge on Hailstone ground, Ledge then passes from Hailstone into Eagle's Nest Lookout No. t claim. Both Eagle's Nest and Hailstone will make great In addition have ope a up high grade ore in another direction on Hailstone. Have put three shifts of $5,000 ll lots°on cor ner It faces 5 rods Cents Mr. Wingfield's purchase of Pagle's Nest was caused by the discovery by his own mine superintendent of an ore body on the bagle''s Nest, within a few feet of the 1cle's endlines, from which assays of $320 per ton, in silver and gold, have been obtained. This vein was later traced by John D. Campbell, vice president and general mine Ne ov ada, the entire capitalization of 1,000,000 shares in the Mohawk 290 000 shares are yet in the treasury, the | property of the shareholders. Of the | 719,000 shares outstanding, Wingfield & Nixon are credited by a good authority with 490,000; Hayes & Monnette, 66,000; Walter W ‘hitmore, 5,000, and J. H. Carstairs and associates, 100,000, a total of 661,000 shares, leaving ore 49,000 shares to be divided among th outside holders. a0 and contents, but with the advent 3) Iver attention is being |}of the railroad | turned to {ts large bodies of ore which | contain about five per cent copper ' Montana capitalists, are becoming 444444 4444444444444+ himself, broker women Much Camp. says the lover a little| t while every man laid aside the pressing duties for the moment and told a tale of fortunes missed or made, by} Means Hailstone Shares Now Ofiered at | Tales» of the wonderful values of j The Spruce Mountain. district is anore being taken from the Frances at Depth of 140 a her of the oldtime Nevada districts Mohawk leas Goldfield tales that are taking on ne life as a rewhich sound wild. at this distance | Feet. ult of the lamor for coppe 1 th continue to come from the camp it | aes Haétintalt railroad facilith Spruce is declared that many of the miners | in is abou 100 mile north f employed in the lease carry out d its nears hipping nee ha high aS $450 a day in their alothinie " AVERAGES $35 TO $40 A TON |! hewn Wells Nev 45 miles ay. But but the management ts virtually hel it is only nin mriile from the nearest less, for the reason that the lease te | j point on. the Nevada. Northern rail-|! not, long ; a strike trik to Management It Has a Ming ,) reac i I ‘ ul ny : it i ne to run and and ofof miners | Proves se l m i of tl h aut this time would be more disastrous | days fone by have hipped rt t | |