INDUSTRY · HISTORICAL MARKER
Goldfield
Goldfield, Nevada
· A Generation of Boom and Bust
Industry
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Goldfield rose from three small mining claims, or grubstakes, in 1902 to become the state's largest city by 1907, growing from 8,000 people in the spring of 1905 to 15,000 by the fall of 1906 and reaching 20,000 by 1907 across more than 50 city blocks. Its original tent camp, Gran Pah, vanished as the town filled with 49 saloons, 27 restaurants, 15 barbershops, 6 bakeries, 54 assayers, 84 attorneys, 162 brokers, 14 cigar stores, 21 grocers, 22 hotels, 17 laundries, 40 doctors, 2 undertakers, 4 schools, 3 railroads, and 2 daily and 3 weekly newspapers. More than $90 million in gold was produced there from 1901 through 1940, about $2 billion at today's prices. By 1910 mining production was declining, many owners were dismantling buildings and moving on or abandoning them to the desert, and the city of 20,000 had shrunk to about 5,000. By 1920 that number had fallen to 1,500. Goldfield was hit by three blows as production fell, a flood struck in 1913, and in 1923 a fire caused by a bootlegger's exploding still leveled 25 blocks. It did not disappear completely, but today its population is hardly 270 residents.
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Goldfield, Nevada
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