Randshurg Mining District Sees High Activity Amid Gold Rush
The Randshurg district reported heavy movement as 70 tons of crushing and cyaniding gear moved from Oatman to the Kelly mine in Randsburg. Miners, leasers, and prospectors pressed gains with new ore purchases, 600 ton daily capacity, and renewed drilling at No 1 shaft hornsilver and Bender mine indications. Local bankers urged lending to spur development as capital and prospectors unite to uncover California gold, with St George hotel sale highlighting ongoing desert investment.
MENTIONED IN THIS ARTICLE
Los Angeles Times
Oatman
Arizona
United Eastern
Kelly
Randsburg
California
Mojave
Bakersfield
San Bernardino
Los Angeles
Eaton
Worthington
Norman
Denver
Santa Fe
Johannesburg
Hattons
Williams
Veiu
Minnehaha
Rand
King Solomon Company
Tex Lovett
Jim Christensen
Meridian Oil Co
Kendall Development Co
Paul Staples
Soledad Mountain
Staples
Grass Valley
St. George
Nels Hoff
Atlas
Hoff
Lizzie O’connor
Jean Trueblood
California banks and idle gold mines tied to depression
A writer argues that activating idle California gold mines could bolster the economy and strengthen the Gold Reserve. The piece blames banks for the low mood, citing bootleg loans to stock market speculators. It notes a fall from 3.94 billion to 430 million in these loans and links this to crashes and business turmoil.
MENTIONED IN THIS ARTICLE
California
Also Mentioned on This Page
Randshurg
J. B. MacAnear
Bob Harrington
L. J. Sain
Stringer
O. K
and Mining Journal’ of New York
Graton
Engineering and Mining Journal
Essex
W. Main Street
Barstow
Shing
Blue & White
Alaska
Dunbar
EAGLE
Kellogg’s Pep
Pendleton Dillingham
Cash and Carry the Burden
Helendale
Bruce McCormick
Yermo
Lucian
Carnation
Table Queen
Blue Phil Stores
Ante Ao