The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1904-08-19
WEEKLY MARKET LETTER
ELLIOTT, WILLIAMS 4a60EBURN.

New strikes since last report are a.
follows:
Velvet claim, quarter Of mile northeast
of Jumbo, owned by Claude NJ. Smith
and George 4. Kernick, discovery made
by p%anning surface dirt, ledge'in place
easily found. panhings Indicate values
into Thousands. Strike indicates proba-
bility of another Jumbo or January.
Blind ledge, discovered by p,nning wag-
on road dirt, all the way from Jumbo.
Entire claim'leased hundred feet blocks
'one year, ~ per cent royalty straight.
Jumbo shipping daily approximately
$4,000. Heaviest shippers during week
sDr. Bowes, McKane, and Kernick, Ridge
and Curtis, Fuller, Mcdonald, Rich
ard and Co., Nermilyea and Bartlett,
linn Go. Subieases iet'to FL. Lynch
on August 8 by Richard 4 Co. Hosts
arriving TO take place 81 whims.
In Bowes-Kernick lease shaft shows
values at 2OO'feet s16S4 for shipping ore.
No question about the Jumbo having
tho same high values at depth.
January mine usual progress. One OF
'the shipments during week returned val
'ues ei'$lSoO per ton.
On the Combination .ulphide ore
showing free gold is being extracted.
Mill foundations being built.
On the St. Ives the "Curly George
Tease shows values from $40 to $4,000.
Wilson and McClelland, leases extracting
shipping ore.
New strike on the Cook Bros. and
Stimmel lease on Florence s%tringer, very
rich free gold ore.
Mclaughlin bros. ON Lone Star nave
$1,000 average ore'for two feet.
On the Cfermont claim Of the Jumbo
company, Currie and Price ,'~lessees, have
'one.foot running between $3.50 and $500;
five feet $4l to So; surface dirt on the
sid dill $i4 to&2l.
Red Top-East DRIFT ms o feet, II feet
averages $4l 20. Read this carefully.
because the stock hoard prices at san
francisco are very much Il of line.
tDur advice is "huy Red Top" This
.S4l 20 can be screened and a portion OF
it shipped daily like the Jumbo. The
average OF the big ledge on Jumbo is
very much less than the Red Top. But
the ore when screened increases values
OF the fine To high grade shipping ore.
We know the Red Top and are positive,
that ii is one Of the best prospects in
icamp
Buy the Jumbo Extension, Coming
Nation and Hazel Kirk for advances.
They surround tile Jumbo and are work
ing bi. crews to uncoyar the Extensions.
The discoveries Ju Ciermont. - Ives,
Velvet, Lone Star;Jumt Combination,
January and Florence surro ind on all
sides these properties, making it prae-
tically impossible for failure The
quoted prices will last onlyHntil discor-
cries are m2a~,anI the stock is limited
re- prices.
few weeks ago we advised pur-
III January at 50 cents. We still
..1Tise its purchase at sl.23.
The Silver Pickcompany winch Muir
-phv and Myers own, between the Com
lbination, january and Red Top has let
four leases this week. This is proven
:oround and the stock is a'bargain.
Mining men Of world wide reputation
continue to arrive daily. All of them
are of one mind: ave could not believe
that ore could contain so much gold
.'sNo other lodges in the world compare
with Goldfield's."
Diamondfeld viii make a camp. The
Aeasers there leased On the Mizpah and
know what they are about.
We are putting our telegraph and tel
.ephone line in there on the strength OF
what they nave and the railroad officials
advise that they will construct via Dia-
mondfield.
The outside brokers will be pleased to
learn that our new telegraph line will
give them a % cent rate from Sodaville.
1t will be complete in about 3 weeks.
Dlectnic light stock at IS cents is a
great bargain. First class steam plant,
Officers our best and wealthiest men.
When Goldfeld reaches the Is 5000 mark
mills erected, mines all working, this
company will have some big digidends,
Buy a few hundred shares.
We quote:
Goldfeld Mining Co..............Sl .25
Jumbo 81
Goldfield Electric Light & Power ...75
Columbia Mountain 81
Mohawk 80
Blue Bull Mining . ..........25
Goldfeld Water NJ. & NJ. Co. ....... %
Bulls & Bears ~
Red Top Mining Co.................2p
Coldfeld Silver Pick Mining Co.. Is
Black Butte l712
Ad.ms. Goldfpld 10