The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-02-24


The past week has proved a continued
upward movement Of the stocks of Gold
field which commenced some three
weeks ago The stocks which went up
so rapidly have maintained their figures
in most cases, and two or three OF the
stocks which we have been advising u
clients would go up have made big
Jumps during the week. The rise in
stocks of merit has reflected itself too on
those which have no merit, and it will
be wise for buyers to obtain the most
careful information relative to the stocks
before they invest.
Goldfeld Mining, while f1uctuating
considerably, is looked upon as one Of
the staple stocks of the camp and the
present prices will not be available long
for it will certainly go higher within a
short time.
There is no apparent reason for Jumbo
retaining its present price except proba-
bly, that the bulk of buyers got in around
the present price and prefer to wait I'M
til the property is out of litigation rather
than to take their losses.
We corralled all of the St. Ives stock
and submitted it, advising our clients
that it was one of the best offers on the
market. We could have sold three times
the number of shares if they could have
been obtained. The property is improv-
ing each day under careful management
and it will certainly prove one of the
best stocks in the camp. Shipments
could be made now from this property,
but the management prefers to clean up
and block out sufficient ore to insure
continuous shipments. This will SON
be a dividend payer.
If our clients will refer back to our
letters in the past they will note that
we told them that Red Top was n Of
the best buys in the market. 1t lowered
around IL to 20 cents for sometime.
Upon the announcement being made
that a strike had been made in the
property, the stock Immediately jumped
up into the 40's. Even with the large
number of profit takers placing their
stock on the market the stock did not
recede below 38. The strike made in
this property shows a we'll defined ledge
from a drift on the 5O-foot level, 18
inches of which runs about $500; 4 feet
runs $175, and it is a good buy at the
present figures.
Mohawk, its neighbor, reflected the
advance, going from IA to % during the
week, and is a good buy.
Adams, on the strength of a strike be-
ing reported, went up into the EOS. We
have advised our clients constantly that
Adams was a good buy and we believe
that it will be so demonstrated.
Silver Pick, Diamondfield, Kendall
and Columbia Mountain are all exhibit
lug strength and justly 80.
Black Butte and Blue Bull maintain
the prices which they reached last week
and are going up.
Sandstone is growing stronger every
day. New strikes are being made by
the different leasers on this property
three of which are now in shipping ore.
The machinery for boring for water will
arrive within a week and will be followed
closely by a 3O-stamp mill. This stock
will go higher and is a good buy at the
present figure. Buy it while these prices
prevail.
We are having many inquiries regard.
ing the different stocks of Goldtield, and
are always ready to give our clients the
fullest information obtainable in regard
to any of them.
We quote: