The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1904-06-10
WILLIAMS MARKET LETTER

N for IOldtield, as the larg-
est values ever found in the district, on
the surface, were discovered on the jun
DO claim, n of the Jumbo group. This
piece of ground has been bonded, has
been leased and given up and released.
Mr.. George kernick. one of the original
locators, with associates secured a lease
and in trenching found values that salts
fled him. After a small amount of work
they struck ore that runs as high as $780,
900 to the on. In going over there, Mr..
kernick kindly picked some fine quartz
around the four sides of the shaft, about
-four feet deep, and PANIED it. The pan
ming would go at least So a pound. They
have over lOO sacks of ore ready for ship
ment. This morning their shaft is down
90 feet, after ten days wo'k. and they
started to crosscut to the ledge.
In Colorado last week ore was found
that averaged $50 to the ton. People
shut up their shops. miners quit their
work, and a stampede was on. Here at
Goldheld we nave no stampede, and the
ore on this lease will average from S6OU
to 5000 to the ton. The outside world
cannot believe our statement, yet it is
the truth, and people who are skeptical
and will not purchase our stocks now
will some day pay many dollars a share
for what they can now buy for a few
cents.
We are urging you to buy Red Top.
The main shaft is now down 50 feet and
its ledge is a continuation of the ledge
on which the rich strike was made in the
Jumbo. The Red Top has just passed
through a lead of three feet of shipping
ore, but it is the intention of the COM
pany to sink to IS or 100 feet before
prosecuting.
The Adams Goldtield commenced work
and their stock has gone to Is cents. At
that price it will pay you to get in.
The ST. Ives ~lessees are working day
and night and are being rewarded for
their work by getting shipping ore.
Shipping ore in Goldfield means ore that
runs $40 per ton or better.
The Comlngnation property, which lies
between the Jumbo group and the ST.
Ives Is oOn to start work and have al
ready sold a large number of shares in
the east. This stock at 5 cents a share is
bound to make money for the investors
and will not remain long at that price.
Buy a few thousand shares and you will
quickly double your money.
The Goldtield Water, , ming and Null
ing Co. is still working on their system
II developing more water, and last
week. in one of their wells, struck a flow
of water that flowed out Of the drill hole
for over three feet and caused all work
to be stopped until they could put on IA
steam pump to keep the water down.
They will also run their system to the
Jumbo, January and Combination mines
as o as the pipe arrives from San
Francisco. They also intend putting in
. ,n,,, ~, ,1,o -, I>,IlE II
thereby increasing their system. The
demand for water is daily becoming
greater and stock in this company at rs
cents a share is as good II buy as buying
stock in ii gold mine. Wagons are still
in great demand TO haul ore from the
January and Combination, and stock IN
the GOldtield , lining company is hard to
buy even at 81. IT..
Reports just come to us of a strike four
and a half miles east of here in a part of
this district that has hardly had any
prospecting. We will give full details in
our mex letter.
The Goldfield indicator is looking
fine and will be one of the best milling
propositions in the camp. We need
some more money to hasten development
and are putting every cent i'll he's ground.
A strike has just been reported on the
Wedge claim that lies on the western
slope of Columbia mountain. The i'm
mense ledge that is over 100 feet in
width assays from $40 to $50 per ton.
This is a splendid showing on the sur
face and will make one of the largest
milling propositions in the camp Re
member We have our men over the
ground in this great camp every day and
know exactly what is going n We are
prepared to report on any property in
the district and will truthfully represent
things just as we fluid them. We would
advise our clients to subscribe for The
GOLDFIELD News, a strictly reliable
weekly paper telling you more OF the
news of the camp than we can and tell
ing OF many new strikes on property that
has not been Incorporated that we have
not the space for.
Our advice to one and all is to buy any
of the following. and we cannot guaran-
tee any of them at this price, but will
confirm all orders by wire and quote the
lowest possible price.
Goldfeld Mining Co. .$1.1O
Red Top Mining Co......... ....... 40
Goldfield Water NJ. & M. Co ......., 25
Goldfield indicator. . ........lO
Adams-G oldtield ..... ........... Is
Fortuna Goldtield 10
Goldtield Comingnation -. ....O5
Gold .O5
w. S. WILLIAMS Co.