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Collection: Newspapers > Nevada City Nugget

November 21, 1930 (6 pages)

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ee east a) peter ~ “ABOLISH TAX ON The Nugget is California’s Leadin ci g Mining Weekly evada City N get po NOL UME IV, NUMBER 49. THE GOLD CENTER-. NEVADA CITY, NEVADA COUNTY, CALIFORNIA, ihe COUN! Y SEAT PAPER NOVEMBER 21, 1930 4 GOLD MINES . S . ~ —— ADVOCATED Banker Says Abolish Taxes on} Gold Mines—Raise Vahie to $25—Lauds Nugget . Alden Anderson, prominent Ban. ker of Sacramento, in a communica: tion to the Mining Association of . California comes out plainly and . ‘advocates the abolition of all tana-' tion upon gold mining and the revaluation of gold by the government . at $25 the ounce. He embodied his{ theory in a letter to a group of prom: . inent New York ecaitmists in which ! he says: . A greater produviion of g¢vid must’ be obtained if gold is to be maintain-. ed_as the standaré of monetary vah-. ues. He also says that the government shouki “‘peg”’ or raise the ates of ‘gold te at least $25 am ounce aud! insists that all gold mined stiwald . be delivered to the government } Figures ‘are given in tue commeini. cation to ‘show that the produstion : of gold is steadily detlining in ‘Cali-; fornia, the nition ami the waeld. “This cannot continue,’ he *vrites, “Gif we are to rely wpon gold ‘as our commodity «of ultimate redwrnption. “Tl am net a miner, nor am I in-. q continues,”“‘but. it is that the ‘Federal @overnment should take. the initiatiwe now and commence working «reasing ‘the. goilb ‘supphy. “It should be immedia#ely: provilsed that gold miming companies pay no taxes of any king, eorporation, income, ete., arrangessants sheuld PROSPECTOR FIND GOLD inch streamer of schist running with; the hanging wall from the very grass . the latest find in the California Rand ‘GOING $2000 TO THE TON MOHAVE, Calif., Nov. -14—A gen roewis down the shaft for-24 feet, the present depth. that wil pan through~' out as good as $2,000 to the ton is mining “istrict. The vein at the #rass roots sl»wed 18 inthes wide. As it proteeded downward the widening becomes naturaliy between the hanging wall and the foot walls At the bottom there) is nothing to indicate that the vein; will decrease in size. This high grade ore is being sacked for shipment to the Selby Smelter of the American. Smelting and Refining Company.. Thirty tors from the main vein as-: sayed $15 per ton. Like ull of the ore from the Randsburg gold hills, there is no stiver or other miyverals presztit. The “discovery was made on the extretve east end of the Yellow Astor range, a section of the district that ‘has had but Tittle developmént in all of the 36°years of active min-} ing.’ George Renko, Foe Shea afd Ray . Miller made the Uitcovery in Following up a streak on the Hercules claim ; FAMOUS OLD CHEROKEE MINE IS TO REOPEN BY NEW COMPANY. ‘CONGRESSMAN AND MRS ~ ENGELBRIGHT GO EAST . Property Acquired by San Francisco Interests and will Operate Without Usmg Monitors—To be Completely Electrified and ‘NEXT WEEK Congressman and Mrs. H. L. Engelbright are leaving some time next . week for Washington where “Harry” . will resume his labors for his disRehabilitated ‘OROVILLE, (Butte The old Cherokee mine, once famous hydtaulic property, whose Ynon-} work has been itors roated and hillsides came 4umb-. Chfokee. This includes a e pers sold and muck} feet by twelve-feet in diamater and . Stituency. bling down bearing will yeopen again within the next . two tionths. However, its re-opening past objectionable features will be eliminated. Instead of tearing the hiifs away with water, mawern, methods of raining, in whith electrial tuckers, sefubbers and sluice boxes} ‘to handle the gravel. will be used. This is made known: by Jack Johnson of San Francisco, widely known mining enmzineer and “capitalist, whd with Jack Sullivan, hotel chain owner, announced ‘tBey had purchts; ed the mine from. ‘the Vinton Estate. The Cherokee mine embraces nearly 2,000 acres di land. Operations started at the Ctérokee in 1853 and eontinued until $900. During time from ene “ind ‘one-eighth “mile! of channel the éwners took out $17,this. County}—_. erators from $2.75 to $3. ‘solf@ bedrock. This is the tunnel in 50 a yerd.{trict. However, he has not been idle A large amount of development: during the past sunmmer months a completed ~at the. jhe has covered over 11,000 mités in tunnel ten: his district in the interest of his con2.765 feet in length, driven through. His travels took him to neéarly..evlery county in the district on which whith all the gravel of the once fa-. he endured theheat of Merced in moms old Cherokee was washed. A . September and was caught in a snow secpnd tunnel 900 feet in length was;storm in Lassen county ariven by Lou Glass, once manager . ber. He has personally inspected all of the mine and later president of ; the government projects in his disthe Pacific Telephone and Telegraph ' trict including National Parks; Natcompany. The Glass tunnel travels . ional roads and geological surveys through nearly 1,000 feet of pay dirt and forest service development. His mueh of which is easily available, . main object'is to speed up the work so as to make a satisfactory report Renewed activity at the Cherokee . : has been made possible by the for-. to Consress and thus make possible mation of irrigation districts in the another raid — the treasury for Oroville district from which the mine . ™ore appropriations. . The last session of Congress saw will obtain water. Besides the supply . ee wt from the irrigation districts five pig . the rere is the Bngelbright ire reserveirs have been purchased by; Prevention bill which calls for a the mining men. These reservoirs, hundred million dollars to be spent Bottori Falls Out of Winz— Murchie mine last Thursday and 3 men had a most meraculous escape from death. The accident occurred at about eleven o’clock in Novem-. Alvarado, Geo. Saunders went on shift. two men were working in the breast CLOSE SHAVE IN MURCHIE Mud, Water and Rock Hurls Treo 70 feet A near tragedy took place at the when Phil and his helper The a miner, of an upraise that ran upward at an angle of about 50 decreas and -was being driven to tap and drain 9 wi" above which contained als ay feet of water, muck ard de_. oe. U>on gaining the breast, Alvar. ° ticed a small trickle of water coming through the rock overhead and returned to the surface to make a report to Foreman Cole. Cole accompaniéd Alvarado back to the face and as the three men were inspecting the roof, through which the water ' >, . xover over one thousand acres of, OV! {road building program: a period of twenty years on a This will was oozing, the bottom of the winz VO000 ta -Bdld. Tt is the only mingp ee O78 Oe Ot Sy POReeR to Hee” suddenly gave way like a heavy blast terested In mining in any ®ay,” he, Se ee ee eee jing in this partiewlar region so mutch to the nd ‘of in-} Wweated in Fiddlers Gulch spposiie! the second bridge ‘on the pateed road 5 +“ Califorsita, the experts say, ‘which i keast and south ‘of camp. as yielded ‘every owner a profit.! : During the early days of the Cherodet i kee it wxs‘oWned by Secretary of the plain to. me i dug, trenched and mined fer a show: " hee . the last Way the moniters tore . that it may be the reaxon ‘that otnnase bavie ot the PLN sons ieee alae: Dek I Raha teas Chamse . qorge *leanops were recorded. Opera. hands year after year. It may be the!,. % : ir re : , ‘tions sceasai when the waver rights ‘same reason wiih this trio of part-. j ‘were s0ld“to the Parific Gas. and fb Ls a ck Te ners when they i ed jay : y interested Gustav; Electric(@émpany and after the axtij débis law Hecame effective. . Bender of ‘San ‘Francisvo,:a new ar-* vrival in the district to take a three The meted whaxausti call } ‘he ‘operztion calls ariel . be made to catry all atompensation : : i {mine insurance. The several wstates sieula . shewing “made on the Tind and un: ‘for tt ‘aml mill. After stzing up a : , be importuned to amegd their Jaws so that no-soid mining ‘ghoutd be compelled to tay avy state or county taxes. Theve is no impropriety in the <overnment doing this. The government is nesponsibie for the “maintenance of a:stable and an adequate financial spstem, by a sufficient gold »eserve tinres for its needs. “The status can well afferd not to *tax gold imines, for from the na‘ture of the ‘business ‘the mimes are ‘}ocated in areas wirsre the>normal taxes, witheut devébopment would practically amount: te nothing. When development starts, men are put to work, suppliessare purchased, machinery and ~quipment obtained and the whole ‘community is bewsTitted and enriched.”’ "In arguiwe that ‘tre should increase the price the writer takes occasion to lamd the Nugget for our feeble efforts in direction and ‘says in part: ’’Tae government showld increase the «rice or ‘peg’ the:price of gold and ttake délivery on aN gold ‘mined and the government ‘could then distribmte to the arts and sciences sweh a parX as they see fit. "He says that if all the gold in the world was attracted tere to this country we shoulé then:be in a position to dictate terms and eentrol of the world’ scommverce. Qn ithe other ‘hand, hewever, ‘be says it is likely that the price setting would force other countries to ‘‘peg” the price of gold also in order to keep their gold at home, and ‘the result would be that of stimulating gold mining all over the world. ba GOLD HILL REPORT ON PRODUCTION The Gold Hill, (Nev.) Development Company report a bullion production of $24,700 for the month of October. This company are operating a group of gold properties five miles noth of Round Mountain Ne‘at all govermment {vear’s tease on the Cperator Divide} of electrical e “installation od! { mutkers, a tyonorail systex and mfth‘er snachimery. hneon, who wifi be ! Tesgent an investment of over $300,-. 000. { ' The Cherokee will be operated under a corporate mame of the Chero. 1 Interior Andtew Mellon. Even up eat kee Gold Drift amd Mining Company . hae officers of which are Jack :Suilivan, San Francisco, president; ;Jonanson, San Franciscs, vice-presiident and general manager; Alex b. ‘Wilson @f Oroville, “secretary-treasuner, E. Hutchings, -prominent SanFrancisse specialist will compose the (board .of directars of the mew mining ewmpans. ; i : It «is at the ©herokse where the pre prove a great boon to the unemploynyrent problem!, which is the greatest blem facing the nation today. With the mining interest at heart he will press further exemption . of and tons of water and mud were precipitated down on them. foreman Cole was standing close to a safety nich and dodged most of the deluge, but Alvarado and Saunders were the Federal Income Gold Tax which Jack . Should speed up production of gold} land thus, give empioymeut to more! ee The re-valuation of gold will also come up for consideration. ; One of the biggest fights that con!fronts Congressman Engelbright in , the coming session will be jp protect the Reapportionment bill which was . passed in June 1929, due to the ‘Jeadership of two of overwhelmed and swept down the incline by the flood for a distance of about. seventy. feet. Both. mien’ escaped with their lives but both were more or less injured. Alvarado was driven against and partly under a heavy timber where he lay helpless while the flood swept over him and escaped with a slightly mangled nand and wrist. : aeeords of the United States mint} California’s a COME ADy. covering the:srrface, Bender took ini ow ave cloan-upof=$470,000.ses5Plendid statesmen, Senator, wacked . the same, . contention ihe $5,080 asked. La ieash we a ‘first payment with the
proviso that ‘ihe venors stay on fhe job and open it up. As it has been ; Many wnoons since that much cash was ‘tendered on a ‘“tirst payment here ‘the offer was aceepied. Bender has me assoéiates in the deal. i Asked what value ire placed on ‘his purchase, he replied ‘that a milion dollars woul not toweh it. “Prve al ways ‘wantedse mine; 8? my own nd now T've got at.” BRADLEY ‘ACQUIRES LOW _ GRADE‘GOLD PROPERTY ‘Worv6 has *ween reecived that con rol of the Imperial Goid Mines Corporation, owtimg ‘the Independence gold properties near ‘Goepper Canyon: Nevada has passed into the hands of the F. ‘W. 'Bratley interests of San: let to Charles ‘W. ‘Birum, former owner of the ¢idims, ty drive a 200 foot tunnel ‘bélow the present workings. The work -will be uxder Roy H. Clark, a staff engineer ‘for the Bradley interests. { Property of the Imperial company consisting of four claims,.covers a large mineralized ‘belt cemposed of quartzite breccia from 75 ‘to 100 feet wide, forming a zene of altered ‘quartzite on; a schist foot-wail. The Kkdeposit is developed ‘by two crosscut ‘tunnels and surface work shewing a ~width of 95 feet of material that is ‘gnilicated to be ore of milling grade. The claims were purchased ‘fer the Imperial. Gold Mines Corporatien in Mareh ,of last year by H. Z%. Peters and &d. J. Roberts, organizers ana heads of the Imiperial Company. Under the terms of transfer to the : Bradley ‘interests the latter takes over a majority of the stock in the wada and report a sufficient amount jy nerial Company which has authof ore exposed to insure a long run ef the mill, The drift from the 225 foot level has advanced 1,200 . feet in ore and development is being inwreased on the 400 level. fey . Soe FORMER OPERATOR DIES John Jory, formerly a prominent mining operator and rancher, died at Los Angeles recently. The deceased ‘was a prominent mine operator and cattle rancher and a pioneer of Nevada. Fifty years ago he was the owner and operator of the famous eld Copper Canyon mines near Battle Mountain, Nevada. ih Nhe IRS ee SSG AT Re Dae SEMEN UE OU Oar ty mer ~ orized capital of two million dollars in shares of one dollar each par vaiue. Present officers of the company are to resign at once and will be replaced by Bradley men. It is stated that the Bradley Management will proceed with operations on a scale that will depend upon the results obtained in development. No. 4 tunnel is to be driven 200 feet by contract and has been started already but has not entered the ore zone. It is near the center of the deposit and 100 feet below the elevation of the lowest tunnel that is in ore, ss ee ter on he mate an offer of $1,000! : . Francisco and a sontract has been, { in -chars#e-of operrtions says ww is his intention of hailing &,000 yards . ling has proved that a ‘larse acreage . ever three hundred diamons have; whieh raised =, ¥, AATS LYDA NS te « ; y Ao hf, ie Lan cheb Bicuat walt ada ie 0 oh faa: es status of California from one of Re. ee eee ee ee oe a CESS ,comparative obscurity to one of maof:grave} each day. Exhaustive semp-) 1 A is also at ‘the Cherokee where state . S®" and Congressman Engelbright. ; maining bureau records show that . This bill gives to California 9 ad. ditional Congressmea == MINE A om "Ray H. Harris, well krown :minimg oman, was a visitor iin this secj tion foré part of ‘mst ‘week. Mr. Harris was completing a iteur of the Mother Lode sectivon on @n_ insyection of various miming properties. i He was very enthusiastic wver ‘fhe prospeets of a revival of the ‘gdld mining industry and expressed the “opinion -that the cornties of the lMiother Lode would be a enter of ‘the ativity that woukd be ‘manifest 4am ‘the wery future. From ‘rere Mr. ‘Harris went to Reno -where be visit— ed several mining properties. The Reno "Gazette had the following to; suy rélative to his visit in thet ity:; “After -an absene of. eight Ray D. “Harris, widely Known as a ‘pnoker, ~writer and mise operator, has arrived in Remo after a two weeks’ visit of inspetion to the warious mining distrits along the Mother Lode*is Tuolumne, Calaveras, Nevada and Amador ounties of California. He was a pioneer in the southern Nevada amps, inluding Tonopah ‘awd Goldfield, amd later operated preperties im the various amps of the state, partiularly at Seven Troughs, now in Pershing ounty, where ‘he developed the rih Harris lease on a part of the vast territory omprising the estate of the Seven Troughs Gold MMine, Ine. H,e now resides in Los Angeles and wiki spend a day or two here before returning home. In speaking of his observations on the Mother Lode, Harris said: “It would seem that Mother Lode: mine and claim owners have taken it into their heads,to do their bit in retieving the much talked of shortage of gold, frequently advanced as ene of the causes of the eurrent financial depression througkout the world. It is amazing to see the renewed and, steadily increasing mining activity,. particularly in Amador and Calaveras coonties. I. found that capital from all parts of the country, out especially from San Franciseo and Los Angeles, is taking hold of both old and new lode and placer properties and obtaining remarkably good results. : MOTHER LODE WILL SEE BiG q -years, present ; ! The three-compartment ‘gained a depth of 230 feet, . jor mmportance. However, California’s 'gain meant the loss to some of the a¥le as x<he losation of the Argonaut ani Kenneily mimes, is a partieularly «active spot. Ata depth of! 58)0 feet, the #rgonaut has openman Engelbright Zressman still has a few tricks. t Seuthern and Eastern states. who: ts ae to fight heavily for!had three cuts on the head; one ear ‘ : ‘their rights. A clever piece of straegy, eonsidered the finest since the ‘Civil War, on the part of Congresswon the southern . i vote last time so no doubt our Con& uiiders was not .so fortunate. Struck by the flood he was hurled down the shaft a distance of some seventy feet and was picked up by ea workmen“for dead, who had rushed to the rescue. Reviving later, it was found that he had sustained serious, though not fatal injuries, The examination revealed that he drum had burst from the concussion _ {and one hand. was badly mashed and. bruised. \ » < Other workmen in the mine detlared that when the breast gave way ed up a body of ore runxing better than 25 .a ton fer a width ‘of over fifty feet, and wh only:one of the wakis of ‘the vein sexposed. The Kennedy is .alap obtaining exellent re-; sults at-great depth. In consequence! of these Heep ore <disclosunes, other properties mot only in. Jaekson but for miles north an®& south are either alrea#iy sending théir shafts to lower ‘hexizons «mr are \preparing to do so, and practically all of them are being s“ewarded by the expesure of new ore ‘bodies. The Boston Calaveras properties near Mok@lumne ‘Hill, of which ‘Bat’ :Sullivam, oldtime Southern Nevada operater,, is general »manager, is showing yp in excellent fashien. The ,drift-placer properties are also giving an acesunt of themsetres, notably the Boundary Come mine, in ‘the same :general Joality, of which John MeSorley :aiso a fermer Nevada operater is general manager.”’ little of their distinguished busy sessien at Congress. STRINGER sce YIELDS THREE MOHAVE, property miay lead to the exploration of a large area of virgin ground. The mime is leased to Edward E. Kelley, of Los Angeles, an attorney, and the discovery was made by Al Sanderson and Joe Shea. On. the. Bing Hole claim south of the Lillian V. Sandersop and Shea are running a crosscut turne] 200 feet to cut a good surface showing. The adit has been advanced about 160 feet and when it reaches the vein will give 175 feet of backing. : 0SINKING OF SHAFTON . ; GOLDFIELD PROPERTY 0 of the). H. & S. COMPANY vertical shaft at the Pitisburgh-Goldfield Mine (Goldfield, Nev.) has with “The Bunker Hill and _ Sullivan Company has taken up its option So, if Nevada Cityians have seen Congsressman during his i } . 8 vacation they . pow any three men could ¢ “oug May rest assured that he has been! go, through busy every minute preparing for a} ! TONS OF RICH GOLD ORE Calif—The discovery! Both the Kelly and Santa Fe mines of a one inch stringer of gold ore; Of the old California Rand mining that yielded $275 a ton on the Lillian. company, now operating by the Ware V claim of the Consolidated Mines ! tley Consolidated Mines, TAKES UP OPTION} {siderable promise. seams of quartz and alaskite shewing in the bottom. The workings are apparently entering a zone of conThe company has just completed the installation of a powerful hoist and the installation of a huge compressor and plans tg sink to the 600 foot level before starting lateral work. The shaft will be sent down to a total depth of 2,000 feet unless important ore bodies are developed above that point. Repairing of the Goldfield DeepMines shaft is proceeding near the 2,750. foot level, preparatory to resuming sinking to a depth of 2,750 feet. The management ‘states that the core drills indicate promising on the Imperial group of gold properties near Battle Mountain (Nev.) and started vigorous work. The holdings are located in the Galena district amd the deal ranks among the taost important consummated in the past several years. ~~ 0 ‘GIBSONVILLE MINE IS REPAIRING DITCHES The Gold Cup mine above Gibsonville, is busy repairing and building ditches and flume for catching all the fall and winter rain possible to be used in their spring operations. Mrs. Belle C. Brown and William and the flood started down the inci it made.a report very similar . lo a heavy blast. and the wonder ig ; Such an ordeal and come out alive —9§~————_ OLD KELLY MINEAT = . RANDSBURG PROSPERING RANDSBURG, Calf. Nov. 16— are producd the property is taking on . its old\air of prosperity with leases flourishing. ingore an ‘Frank M. ‘Lamley, engineer in charge of operations, report that a station has been eut at the: new strike on the twelfth level of the Santa Fe property preparatory to sinking of a winze on the ore body. The ore body, he says is 38 feet wide and is looking fine. Over 400 tons of ore has been taken out and milled while in process of cutting the sta; tion. cee Shipments have been made in the _ bast two weeks by McKinney an@ Whitney, Cole and Fisher, Ronning . : and Ferblick, Bohen and Torsney _ and Tibbits, leasing in the Kelley mine according to reports. Charles Norman will have a car of oxide ore ready this week from the second levi of the Kelly No. 1 shaft and the. company will send a ecarload of concentrates to the smelter from tz Santa Fe ore, i ite Manager Lamley reports’ new hoist is running fine shipping and milling ore hoisted through the Kel 7 % Brown of Fresno are the main owners and confidently expect to mal “Jackson in Amador ; * County, not-