The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-05-26
WEEKS MARKET REVIEW.
As Presented by w. F. Bond q Com
pany, Brokers.

u0nys DFohSES
Although the market hrs remained
dull and depressed there continues every
evidence that bottom has been reached
and that the severe hammeriny stocks
have been receiving il ended. Brighter
days will soon follow and once buovancy
appears tfere will he such a general adj
vance that the list will ip carried to II
much higher level and ,curIti's viii be
quoted ut figures at least lpprrxiinating
tteIr actual value. Their. have been no
declines of consequence during the past
week ami, though We hlrii, l"ok Tor a
RESUMPTION of activity f"r ps~ihiN three
or - weeks, certain il J. the upward
movement will sh rtly bes'u and during
the interim we, with confidence in the
future of the district and the market on
Gnldtield securities, will continue {"
urgently advise prospective investors to
make their purchas es while stocks NAV
be acquired at such riiIcul"u-ly low
prices.
The district generally CONTINUES to inn
prove. THE Florence sent out during
the week 10 tons oi ore that is expected
to return better than 800 per on. This
: the second consignment IT this quan
titv in the past fortnight and represents
an annual output of Sl,456 900. The
Combination mill is running day and
night. crushing "A heavy tonnage of ore
rom the mine and also IL regular OUTPUT
of very considerable Importance from
! the January. The Jumbo has resumed
operations and will undoubtedly shortly
| resume it, place anon the steady pro-
ducers of the camp; the Dixie, st. Ives,
| Kendall, Blue Bull, Black Butte, Lon
| star, Diamondtield, and, in fact, all OF
| the prominent properties of the district
are working to one common end AMI the
! future appears assured beyond any pos
sibilitv. There is everywhere n"ticea-
| BILE a zone of optimism and the conf
dence the heaviest operators have of the
camps future is conclus,vel, shown,
not only in the energy with which the
| mines OF the district are being developed
but in the construction of costly milling
| plants, az we'll a. substantial business
blocks in Goldfield. All these tend to
assure the permanency OF the district
and will undoubtedly have their bearing
on future movements in the stocks. So
| that there is practically no guess as to
| what the market il going to do, and
| those who avail themselves OF this rarest
opportunity and purchase a line OF hold-
ingS among the bona tide stocks of the
list while prices are so low, are AS sure
to realize great profits as that night fol-
lows day. There is no iem'n Of lance
in such investments as all speculative
features have long since disappeared.
The most important news "f the week
in connection with the market, however,
was the amicable settlement of all differ
ences existing between the contending
factions among the directorate OF the
Empire company, that for several weeks
threatened to involve the mine in almost
interminable litigation. All suits
against former Secretary O'Prien have
been withdrawn and active operations
will be resumed at the mine without de-
Law. The new directorate of which L. L..
Patrick is president, Frank NJ. Ish, sec
rotary, and Henry Weber, treasurer, is
composed of men who prosecute their
operations along broad and progressive
lines and that the Empire mine will be
opened up to the best advantage and
the affairs of the company administered
with absolute fairness to all stockh"ld-
ers is now assured. In this statement
no invidious comparisons are Intended
as no reflections could possibly be cast
on former otfici is. We merely desire
to emphasize the strength of the direc-
| ltT1le IL IltlN v illtt. t"o
~tations, 12-l5, Empire is the best thing
we know of.
During the week there was reported a
strike OF first importance on the Desert
Rose claim of the Nav Queen. The
stock showed a substantial advance and
from authentic sources it is learned that
the discovery is equally as big AS first
announced, and is holding out well.
This should give a marked stimulus to
stocks in surrounding properties. such
as Kendall, Sandstone IN others.
The Dixie continues the scene Of great
activity. Work is going on in the sew
eral workings OF the mine and every
r und of shots shows improvement and
reveals conclusive evidence of the inn
portaace OF this property. As al in
vastment there is not a security on the
list that presents such features of safety
associated with practically an absolute
guarantee of future profits.
Black Butte has shown considerable
strength in the face Of the dizziness that
has been so manifest. General Man
ager Mathews reports that work is pro-
crossing satisfactorily, but that there
have been no Developments of great i'm
portance, although there have appeared
many indications hat the extension
OF the Quartzite ledge will be cut within
a short time At the present market
| Black Butte is a good buy.
We can, however, say practically all
there is TO say in one sentence; the lead
ing mines OF the district are being ac-
tivelv developed and are showing on
slant Enforcement and at present low
| prices the better class of securities on
the list are unquestioned investments
that should appeal to the most consnr-
vative and yet promising splendid re-
turns in the near future. We recon-
mend Jumbo, Red TOP, Blue pull, Black
Butte. Dixie, Emrire. Lone Star. ST.
Ives, Kendall, Goldtield, Diamnndfield,
May Queen, Mohawk and Silver Pick.
We desire to emphasiza this axiom in
stock dealing: "THOSE WHO Buy
WHILE PRICES ARE LOW AND
DURING DULL PERIODS ARE
certain OF BIG PROFITS WITH
We ADVANCE THAT INVARIABLY
FLLOWS."
'tivitv continues at Bullfrog and