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Territorial Mining Telegraph About George Hearst & the Comstock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Territorial Mining Telegraph About George Hearst & the Comstock
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225.00USDto 9***6+ buyer's premium (56.25)
This item SOLD at 2018 Oct 20 @ 15:21UTC-7 : PDT/MST
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California State Telegraph Co. telegraph sent Jan. 6, 1864 from San Francisco to Robert Morrow, mining superintendent on the Comstock Lode. Message simply reads: "Cannot do anything with Hearst." Folds. Sent by Lent, which is certainly William Lent, one of Heart's mining partners. Comstock documents related to George Hearst are incredibly rare. At the time of this telegraph (during Nevada Territory), Morrow was the superintendent of the Savage Mine (according to the Collins Comstock Directory). Was he hoping Hearst would become involved with this famous mine? According to the History of the San Francisco Stock Exchange, Morrow was the first superintendent for the Savage and came to Virginia City at the beginning in 1859 when the Savage was involved in litigation. "He conducted it safely through all its troubles, litigation and early developments. He found its first body of good ore about the 200 or 300 foot level by drifting in through the Gould & Curry." Morrow also brought William M. Stewart to Virginia City, so beginning Stewart's long career fighting legal battles on the Comstock. Morrow got a board seat on the SF Stock Exchange in 1875. He was closely associated with the Bank of California and the "Bank Crowd," working extensively with William Sharon until Sharon's death. George Hearst also came to the Comstock in 1859. He agreed to pay $3,000 to Patrick McLaughlin for his one-sixth share of the Ophir Mine, an investment that began Hearst's mining empire. William Lent worked with Hearst starting in those early days, operating from San Francisco and also being one of the first incorporators for the Ophir. He is described in Goodwin's "As I Remember Them" as being close to many of the mines and superintendents on the Comstock. Lent also was involved in mining at Bodie (investing in the Standard Mine in 1876). The Lent Shaft in Bodie bears his name. City: Virginia City State: Nevada Date: 1864 HWAC# 78637