The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-02-10
WEEKLY MARKET T


during Tire life of Tonopah and Goldfeld
as has been displayed in the past two
weeks. The volume Of trading in the
stocks has been very large. Orders COM
ing i'm from all parts of the country.
The consequence has been that the
prices this week have advanced mater
ially in most stocks over last week. BY
referring back to our previous market
letters our clients will note that we have
given most space to those stocks which
have advanced rapidly, and it is not for
want of advice that they have not gotten
i'm at the low figures.
Goldfeld Mining has, az We predicted,
gone up rapidly and in spite Of a num-
Der of profit takers the stock remains
active and in demand. This stock adj
vanced SC a share between noon and the
close OF business on the 9th.
Jumbo has fallen off some which IL
only naturally owing to the fact that no
work is being done.
Red Top continues strong at 23c bid
and will 20 higher.
Blue Bull showed considerable strength
and was in demand.
Kendall owing to the fact that . ship
ment is soon to be made was strong and
advanced during the week.
Adams was in demand, a large num-
Der of shares being dealt in during the
week, some few holders taking their
profits, but we advise our clients to hold
their stock, or if they have none, to buy,
as active work is being prosecuted and
there are strong indications that the
same ledge which has been encountered
on the Cracker Jack will soon be fully
developed on this property. Get in on
some of this stock now as it will be i'm
possible to buy at these figures in a very
short space of time.
We have told you before of the rich
Simmerone ore. The ore from this
property is divided into three classes,
the first class running $4,000 to the
ton; the second class, S7,340; the third
class, 1874; with lots of it in sight, and
it will be evident to our readers that
will soon be a dividend payer. The
during the week at $1.65 per share.
Diamondfeld and Black Butte showed
remarkable strength during the past
week.
The St. Ives stock has met with a
very cordial reception on the market
and with good reason. At the time the
property was in the hands of the leasers
we had many inquiries for the stock.
At that time there was none to be had.
Smelter returns on ore shipped by
leasers showed q gross value of $272.68
per ton. These leases have all expired
and the company, under able manage
ment, will soon be on the shipping list
sight, and offered all sorts of induce
p,an<a En- Tho nv,nnro ~ tho pro,>ortv for
an extension of the leases. There are
dumps.
A reported strike on Sandstone
ground has been verified. 1t is on the
Davis lease, block seven of the Kruger
claim, less than 500 feet east from the
bonanza gravel, block five.
Saturday, Mr.. Davis, who made the
original discovery on the hill opposite,
struck the ledge a few inches below the
surface. Only a portion of the ledge has
yet been exploited-stripped for about
10 feet. A streak IL to IA inches wide
pans gold from $3.50 to $3.50 a ton. All
the ground outside of this shows gold
values from $40 to $50 a ton. The ex-
tent of the ledge has not been deter
mined. 1t is a massive one, possibly 80
feet thick, and gives every assurance of
making a great mine.
Soaking for a shipment will begin at
once. The parties interested with Mr..
Davis are the same fortunate few now
operating block 5-Judge Sherman, Mr..
Wayne and Mr.. Lotus.
The incline on block five is going down
rapidly, timber for the hoist frame is on
the ground, and they are sacking at the
rate of two tons a day for shipment.
The Sandstone situation is best ever,
and the effect on the stock has been to
lift it Is points in five days-the last
quotation being 75c bid-with the dol
lar point clearly in sight, as the stock is
closely held.
We quote:
TIES BIDS.