The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-05-19
II meritorious securities. This decline

all meritorious securities. This decline
has no bearing upon property condi-
tibns. but is due solely to the fact that
local holders segregate their holdings
and are quick to avail themselves of ev-
cry opportunity offered in the first is
sues of different meritorious PROPOSE
tons; and as the Bullfrog district has
OF late occupied the attention OF the in
vesting public to the exclusion OF other
districts, there has been a general desire
to take on the different stocks OF merit
in this section, causing the local holders
to throw their Goldfields and Tonopahs
on the market and resulting in a nat
ural and expected decline. Cool-headed
BUYERS have been taking on these blocks
as fast as offered, and the decline OF the
past few weeks has given to these buy
ers opportunities for handsome profits,
which will be realized in thenear future.
In all the older Goldfeld properties
the satisfactory showings continue, with
a decided improvement as depth is at
tanned. With the encountering OF a for
nation identical with that of Tonopah
in the deeper levels of the Kruger lease
on the Sandstone, the predictions OF the
most celebrated mining engineers as to
the permanency OF the deposits in the
Goldfeld district are now verified be-
yond question, and there is no doubt
that this mineral belt Of southern Neva-
da is the greatest uncovered IN the MS
tory OF the world.
Aside from 1onopah, all other sections
are vet in their infancy. 1t is only dur
ing the past three months that the at
tention OF investors generally has been
attracted to this section, they at last
realizing the truth of what seemed in
credible reports of the marvellous rich
ness of these districts. Each day Is
productive OF wonderful strikes; each
dav marks an opportunity gone to the
over-timid. the incredulous n those
who fail to take time by the forelock
and avail themselves Of the opportunity
of a lifetime now offering to investors IN
every II OF the m%eritorious stocks OF
the different southern Nevada districts.
We advise all our clients to hold thelr
stocks and under no consideration tc
sell at this time, as we confidently eX
pect a heavy advance in the entire line
of Goldfelds and T%onopahs.
BLACK BUTTE-At present fguresthis stocS
i, an exceptional buy. There is no question a.
to the high character OF the property, ana IN!
stock should he selling at double the preseii
figures, but il is Qike all Others mentioned II
the opening paragraphs OF our letter. suher
ing from the general decline. We looA ir
sharp advance.
BLUE BULL-There has been 10. man.
months past but little activity in this stock
| We look for a slight advance, with the possihi
fluctuations.
COLUMBIA MOUNTAIN-At present hsure
this stock is a good buy. We are advised Una
. the company has contracted for the running U
a tunnel through Columbia mountain A iare
additional force OF men has been put on Uni
work. which will start from the west slut
| This company is operating Systematically l
get into the heart OF the big hill. and worI
!, will be pushed with great vigor, With a vie'
, nj ascertaining the exact extent and value Z
the ore in this mountain. The tunnel Whic
;s tn he started on the west side VIII cohhee
with the one which is nov being driven iroI
the east.
The leasers on the propertyoi TINS coihpai
are petting good values, and mining men WI
:. know concur in the belief that the oeVeioi
mont work which is now progressing VIII ui
ooyer an enormous deposit OF ore IN place an
,,hrotcn. The east tunnel is now IN oU Zee
DJAMONpFIELD This being one o. u