Up for consideration is a New Idria Quicksilver
Mining Company stock certificate from 1915:
#A835
Issued to Charles Pfaff and Fulton Trust for 100
shares on September 21, 1915
Signed by Edmund H. Marion as president and H. P.
Baker as assistant treasurer
Incorporated in Wyoming
Capital stock of $500,000
Datelined: Boston
Printer: John A. Lowell Bank Note Company, Boston
Uncancelled
Certificate in good condition
The New Idria Quicksilver Mining Company was formed
in 1896 to mine cinnabar at the former mining town of New Idria, in San Benito
County, California in the Diablo Mountain Range (in Coastal, Central
California). The original mining in the area began in in the early 1850s at the
New Idria Mine, and by 1857 the town of New Idria sprang up on the northeastern
slope of San Carlos Peak. By the 1860s the New Idria Mining Company had as many
as 90 employees, with a school house, post office and many homes and businesses.
In the later part of the 19th century the need for
cinnabar (the mineral used to produce quicksilver, or mercury) was required in
the gold mining industry of the California Gold Rush to extract the gold from
the quartzite host rock. The discovery of rich cinnabar deposits in the
southern Diablo Mountains in 1853 lead to the development of the world's fourth
largest quicksilver mine at New Idria.
In 1896 the New Idria Quicksilver Mining Company
took over operations after purchasing the New Idria Mining Company and
continued operations up until 1920 when it filed for bankruptcy. Mining
operations resumed in 1923 under the new name of New Idria Quicksilver Mines,
Inc. By 1948 Quicksilver Prices had dropped and the mine operations began lay
offs, although survived through the next century working skeletal crews as
small as 20 men. It was in 1972 that all operations had finally seized never to
reopen.