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Page: of 8

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CALAVERAS COUNTY
A survey of county records shows
that 145 mining claims were located
in Calaveras county during the: past,
fiscal year and during the same
period assessment work on 143 claims
Squellati.-The fiscal year for doing
was reported to County Clerk John
assessment work and locating mining
‘claims will close at noon, July 1.
According to Squellati, the number
fo claims located during the past
year shows an increase over the two
previous years.
SISKIYOU COUNTY
The Siskiyou Syndicate, also known
as the Quartz ‘Valley mine, has installed a J. B. Pratt rod mill. It has
3500 pound steel rolls and crushes
the ore on an-.average of 18 to 25
ttons in 24 hours.
‘The mill weighs 8265 pounds and
has & mechanical feeder. It feeds
, through a hollow trunnion bearing.
4 The mill has a special classifying
head, which returns automatically
tthe coarse product for regrinding.
The mill is running three shifts
aA day. =
William F. Satterwhite and EB. D.
Murray of San Francisco, with the
State Railroad Commission, were in
‘Yreka recently to hear the case of
‘tthe Victory Gold Mines Company,
‘wherein complaint had been made by
the company, asking that the California Oregon Power Company: be prevented from abandoning its. power
dine over Salmon mountain.
The California Oregon Power
Company claimed it was receiving no
revenue from this line, so decidedl to
abandon it. The case did not come
wo a hearing, as the officials of the
‘Victory mines withdrew their objections. A. M. Duley of Los Angeles,
president of the mining company, and
John Nefroney, manager, were in
Yreka. Gregory Harrison, attorney
from San Francisco, representing the
California Oregon Power Company
~was also present. ;
A tentative agreement was reached wherein the attorneys for both
companies will draw up papers, after which the power company will
abandon the line. It was built a
couple of years ago with the ex. pectation that sufficient revenue
‘would be received to justify it.
Judge C. J. Luttrell rendered a
decision June 23, in the case of W.
L. Roberts and Mabel C. Roberts
against Harry R. Dimmick and Wiltiffs. :
The case was tried in September,
Bill Bull mine, tocated July 1, 1927,
and the June Bug Mine, located July
1, 1928. Before the death of Ike
Kleaver, the original owner of the
mine, he deeded to his niece, Bertha
Roberts, his mining interesis. :
As she did not do the assessment
work, W. L. Roberts relocated the
mines in lieu of such work. Harry
Dimmick’ and William Corbett also
. filed. location notices, claiming the
assessment work had not been done.
The case created considerable interest at the time it was on trial and
the decision has just been handed
down.
MARIPOSA :
J. C. Kemp Van Ee and J. C. Kemp
Van Ee, Jr., mining men of San Francisco, were in Mariposa recently
making an inspection of the Colorado
Quartz gold mine in which they are
interested.
SONORA.COUNTY
The Santa Rosa Quicksilver Mining company, Ltd., with capital of
$200,000, has _ filed incorporation
papers. Directors are F. M. Foye,
Ben F. Hall, Joe Vigeant, A. M.
Hildebrandt and C. W. Anderson.
SHASTA COUNTY
The Redding Consolidated of Nevada, which over a year ago acquired
what is generally called the Boswell
mine near Middletown located forty
or more mines last mining: year in
mountain side was staked out in mining claims.
The company has filed notices that
these claims have been joined in
groups. The. Prosperity, Hermit and
Helen G. are consolidated as. the
Prosperity group. :
Under the name of Quartz Ridge
sroup are the Copper Stain, Copper
Fumes, Old Prosperity, Quartz
Ridge, Old Jefferson and Iron Ledge.
COLD SUPPLY
WILL. HAVE TO
(Continued from page one).
United States was 4,887,607 ounces.
In 1929, it had fallen to the alarmdng total of 2,126,027 ounces (a decline of about 55 per cent). This decline would have been greater, more‘over, had it not been for the production from our copper, lead and silver
mines, which accounted for 575,000
ounces of the 1929 gold production
of 2,128,027.
This by-product gold will decrease
because of the shut-down of many
copper and silver producers—low
metal prices prevailing. And this sensational falling off in gold production has occurred in the face of the
tremendous expansion of American
business, the successful carrying on
of which indefinitely requires more
and more gold from the mine.
‘Is it any wonder then that the
economists and financial Philosophers have been pacing the floor
of nights?
H. C. of L. No Reason
The argument is advanced that the
decline in gold mining and production was due exclusively to the high
cost of living resulting from the war.
But this is by no means wholly true.
No sensible person would undertake
to deny that this factor, particularly
as affecting the cost of mine supplies, transportation, power, wages,
€tc., added greatly to the burden of
the miner for gold, but it does not
by itself explain the héavy decline
in the production of gold. ~~
The record of two outstanding
tage merican gold mines, the Alaska Juneau and the Homestake, is a complete answer to this contention. During the period of the war, and up to
_%%, their joint operations were
ighly profitable. An important fact
to be noted in this connection, moreover, is that the ores of the Alaska
Juneau mine, which continued to operate so profitably during the entire
Period, ran only ninety cents in
‘gold to the ton.
It is interesting to observe, fur.
therifore, that the copper mine, ex» cept for a brief period around 1921,
continued to operate profitably during the entire period, although the
price of copper metal suffered a deline to around 12 cents per pound
and lower, and proportionately the
copper operators suffered the same
from the high costs of living ‘as did
the gold miners.
But capital went freely into copie)
ae
per, in spite of the handicaps of
high costs; whereas, for some singular and as yet unexplained. reason, it
avoided gold as though it were something unclean.
The best explanation of this attitude by capital toward gold seems
to be that for the period following
the last Wilson administration ,capital, both through deliberate oragnization and unconscious leanings, dedicated itself to the great astonished
attention of the world since the election of President Coolidge.
: During that period it became unfashionable to deal in anything else
but “industrials,” which, for the sake
of the argument of capital, included
the coppers.
As for investments in gold mining
however, why “it was just not being
done.” It was distinctly unfashionable, and would have been regarded
as a breach of Wall Street etiquette.
The New Gold Era Is Here
~ However, the new era is about to
dawn. for gold. The world is striving
for gold, and needs it in ‘greatly increased quantities,—far more so than
ever before in history. The need for
new gold is so pressing that many
conservative financial writers and
economists are advocating a government subsidy of ten dollars per ounce
liam Corbett, in favor of the plain1929, and involved the title to: the}
the same neighborhood. The whole!
THE NEVADA
for the gold miner to ‘encourage production, and various other plans of
governmental aid to the gold miner
have been proposed. But~it ‘seems
that these expedients will hardly be
necessary, as capital at last has turned a friendly eye toward the gold
miner and manifested a disposition to
cooperate with him—him whom it
has shunned for so many years.
The situation furnishes to the gold
Miner a last his long looked for and
patiently awaited “place in the sun.”
It is the history of American gold
mining that capital is never so readily
available as during.a dull period on
the big Exchange which follows an
Outstanding but collapsed boom in
the “industrials,” “railroads” and
“utilities.” Innumerable instances of
this may be cited. This fact, taken
together with the great and growing
need for gold, should provide abundant encouragement to the owner of
gold properties of _proven merit, or
even of promising: prospects.
Capital Coming Soon
In respect to the latter, it is almost
certain that capital will be generously available very shortly for exploration and development of new gold
mines, While as to production from
proven ones, capital will be obtainable in abundance.
The ‘‘knowing” mine operator can
put his hands on many partiy, and
nearly completed, gold propositions
of great potential merit which need
only the intelligent appreciation ot
investors who can apply reason to
scientific and sincere developments.
A word should be said in reference
to the high grade deposits, of which
in. scattered localities, and at certain
intervals, sensational discoveries are
sometimes made. The world still remembers the marvelous discveries in
different parts of Colorado, notably
at Cripple Creek; the -record-breakJing strikes in Alaska in the early
nineties, and in 1906-7 the sensational discoveries in the Hohawk, Florence, Combination and. other rich
mines in the great camp of Goldfield, Nevada. Indeed, there are
many men now living who from personal experienge recall thestirring
scenes that accompanied. the discovery of gold in California, which
startled the tide of migration westward and laid the foundations for
the wonderful empire on our Pacific Coast.
High-Grade Provides Thrills
While it has been demontsrated
that gold mines of low grade (like
the Alaska Juneau, for example,
whose ore average only 90 cents per
ton) can be operated profitably, it is
of course true that vastly larger profits in the minimum of time comes
from the high-grade deposits, like
those of Goldfield, for example. Moreover, it is these mines. that furnish
the thrill and romance that make
gold mining the most fascinating of
pursuits, not only for the miner, but
for the investor and shareholder as
well. Herein we find the lure that
Since the dawn of history has enticed man, as no other force could, to
the remotest outposts of the wrld,
regardless of incredible hardships,
whether n the glaciers of Alaska, the
hot sands of Australia, or the boiling
deserts of Ariona and Death Valley.
In the grand economy of nature,
God seems to have decreed that these
high grade treasure vaults of gold
shall be opened only at stated interOre and Bullion
Purchased
Licensed by State of California
Established 1907
WILDBERG BROS.
SMELTING & REFINING Co,
Offices: 742 Market St.,San Francisco
Plant: South rancisco
CITY NUGGET,
discovery. As a matter of fact, nearly
all gold discoveries of great richness
have been made by humble prospectors, or, by men utterly ignorant of
metals and minerals and the science
of geology.
When the hour strikes for a new
treasure vault of gold to be opened
covery falls to the lot, not of your
trained geologist and engineer, btit
the humblest and least informed of
men——your pony express rider, .your
sheepherder who follows his flocks
for months. alone across the trackless desert, your covered wagon pioneer, your cowboy, and even your
Untutored Indian of the western
wilds.
Regardless of the means of discoyery, however, that man or group of
menis to be envied who draws the
coveted capital price ofa rich, highgrade discovery of gold, whether in
the placers of California or the rich
quartz veins of Nevada, Colorado, o
elsewhere. :
> ih conclusion it is interesting to
note the fact that during recent
months several new gold mining enterprises have begun important operations in the development of ancient buried channels of many prehistoric gold-bearing rivers.—Mining
Truth, Spokane, rash,
U—
Ignition Parts and Accessories at
Miner’s Foundry. 24tt
skill is competent to speed the day of.
to the world, the role of actual dis-. .
A portion of yo
appreciated.
"5 \
Our monthly market letter will be sen
if you will fill out the coupon, for a tri
600 Dooly Block
‘AP. RIDGE
Stocks and Bonds
The only broker in Salt Lake City that is squarely behind and
firmly Supporting Nevada County,,.Mines and their best interests.
ur Salt Lake City brokerage business will be
t to your address FREB
al period of six months.
Salt Lake City, Utah.
Es
a
di noo ai eat
pansnnr linha sic
NEVADA CI
values of tailings.
.pbromptly attendea to.
automobile insurance,
Westchester and Gapitai of Califor
TY ASSAY & REFINING OFFICE
E. J. N. Ott, Proprietor
Practical mining tests from 25 to 1000 pounds, giving the free gol@
percentage of suiphurets, value of suiphurets, vaiue of suiphurets and
Assays made for geld. silver, lead and copper. Mail order check work
New York-Cajlifornia Underwriters,
nia Fire iusurances companies, Ais”
Agent for
Co
138 Commercial St:
Examinations
30 Years’ Experience in Western Mining Fields
. JAMES D. STEWART, E. M.
nsulting Mining Engineer
Phone 107
Reports
Code: Bedford-McNeil
a Fa
Aubora, Calif. .
Management
; —
‘hot wa
— a blessing!
< Saves 4 to 6 hours each week
®
3
ter_ instantly,
J. E. KNAPP MACHINERY CO.
593 Market St., San Francisco °
New and used Mining Equipment of all kinds
Krogh Gravel Mill (complete)
Compressors and Air Receivers in all sizes
Electric and Gasoline Mine Hoists ~
Complete line of Pumping Equipment
ELLIS MILLS ARE THE HOST EFFICIENT GRINDERS
The BEST REGRINDING CLASSIFIERS: by overflow.
The BEST AMALGAMATING PAN
te any mesh size. a
The ONY MILL that will work
Happy days for the young
people mean additional cares
for mothers.
But plenty of hot water at
the turn of the faucet washes
away the trouble. Throughout
the year too, it-saves ‘your time
—by giving you hot water
without delay, by quickly
dissolving dirt and grease,
by making it easy to keep
things sweet and fragrant.
When men stop at fine
Automatic Gas Water Heater.
Because of its insulated tank
and efficiency, the cost is less
per gallon to heat water with
an Automatic Gas Water
Heater than with the old-fashjoned methods of waiting for
water to heat.
And once you install the
excellent service, there’s
neverany botherabout having an abundant supply of
hot water—day and night.
CLAY (pipe).
The ONLY MILL that will work
MICA (shéet)
The. ONLY MILL that will work 7”
ASBESTOS and net ruin the fi-“
bre, or EMERY and ‘not ruin
the mill. And Many others.
The ELLIS MILL will grind anything that can be gound or pulverized, wet or dry, to a definite mesh in one operation, using only 1-4 to 1-10 the power.
that others. use.
No Gears. No Grease. No Bearings
No Frictien. 0
1 ELLIS MILLS MANUFACTURING COMPANY
510 Brannan St. _ Phone KEarny 4190. San Fraie!sco
hotels they like the hot wavi, ter at a turn of the faucet
—tor bathing and shaving.
It’s this same service that is
brought to your home by
Come into our office or a
dealer’s store and see the _
modern heaters. Or just
telephone and our representative will call.
PACIFIC GAS AND ELECTRIC COMPANY
asd EE
_ Owned -Operated-Managed _ ae
__ by Californians _ ae ce
inland dena