Collection of business papers of several mining companies including Savage Mining Company and the Hale and Norcross Mining
One of the earlier successful mines at the Comstock Lode in Nevada was the Savage, which commenced producing in 1863 and yielded
almost $8 million at its peak from 1865 to 1869. John P. Jones and Alvinza Hayward gained control of the Savage Mining Company
in 1871, but the boom collapsed when Hayward manipulated the stock of the mine. The Hale and Norcross Mine, controlled by
the Bank of California combine, was producing $2 million worth of ore in 1866 to 1867, but its stock fell rapidly in 1868.
The future Bonanza Kings (Fair, Flood, Mackay, and O'Brien) succeeded in buying up the stock and in taking control of the
Hale and Norcross in 1869, and the mine prospered until 1872. Many of the Comstock mines continued to operate for several
years, but never again produced the wealth that flowed during the boom from 1860 to 1880.
20.90 Linear Feet
(24 boxes and 27 volumes)
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