The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-04-28
WEEKS MARKET REVIEW.
As Presented BY w. T. Bond q Gem
pany, Brokers.

uOLDFlELD, NeN., ApTll ~, iJUo.
Dizziness, indicating almost total neg
lect on the part of investors has charac-
terized trading during the past week.
This is unquestionably due to the rush
now on to Bullfrog, the new district 20
miles south of Goldfield. The mines
here are looking better with each days
development, and several strikes of first
importance have been recorded during
the past few DAYS. Another fact that
seems to be lost sight OF is that during
periods of dizziness buyers should by all
means make their investments so that
best market prices may be secured.
There is not a cloud on the horizon. A
boom of greater proportions than has
heretofore been shown will be upon us
in the neal future. As We nave stated,
the most successful operators ON Wall
street quietly add to their holdings dur
ing Just such periods as the one O OBJ
tanning here, and all good securities
should be acquired before the advance.
There has been no slump, and with every
slight break offerings have been taken,
indicating conclusively that those most
closely in touch with conditions in min
ing and stock circles are adding to their
holdings at present low prices,
You may have noted that we have
regularly advised Dixie as a splendid in
vestment. We are gratified to state that
with every foot of work done the mine
is improving. Recently the value OF the
ore in the lowest workings has mater
tally improved. Careful sampling of
four feet OF the ledge, as opened up OF
the 2l0 loot level, proved values of bet
ter than 5000 per ton. The returns were:
SIPS; S236; S25i; 1923. These were
not picked samples, but assays taken to
determine the actual average value of
the ore as exposed in the DRIFT. \ better
showing could hardly be asked for. The
hoist has been repaired and work is
being prosecuted with vigor. With the
report of the improvement in values the
stock advanced to 81 cents, with Il slight
reaction following. At present market,
rs to 30, it is the greatest buy on the
list.
Empire is almost equally as good.
Some heavy offerings have been picked
up by some of the strongests interests in
camp, and it is openly stated that these
are after the control. Whether or not
this is true, the showing or the mine
warrants at least 40 cents for the stock.
In the last two days the ore shoot has
widened to three feet. and values have
been maintained above $500 per ton.
Empire is a mine that gives every assur-
ance OF becoming one OF the greatest
bonanzas in this remarkable district.
Keep our prediction with reference to
Empire in your mind and you will be
convinced that we know whereof we
speak.
Red Top has remained around 40.
The stock will 90 higher, surely above
80. 1t is worth that price at least.
There is very little doing in Jumbo.
Everything apparently depends upon
the resumption OF wor on this bonanza.
Buy Jumbo with a view to laying it
away in the safe and forgetting you have
it. Some day it will make you money,
but not until all litigation is ended and
the mine again worked.
Goldtield Mining has declined to 65.
At this price ii Is a decidedly attractive
buy. Owing to a heavy flow of water
the mine has been idle for some time.
Pumping machinery is expected every
day, and in a very short time operations
will be resumed The stock Will then
advance materially.
Diamondtield looks weak. We advise
clients to let it alone for the present.
Lone Star, Silver Pick and Black
Butte are other good buys. There has
bttH = II q itPOip W IL NV 'iiop
an extraordinary rich strike has
been made on the property OF the Cal
umet company. We have SO far been
unable to confirm the report but will
know by our next letter and we will
then give the facts. Today there is
some activity in Kendall. The stock
looks stronger. We like St. Ives very |
much. The hoisting machinery has
been installed and the mine is looking
in fine shape. For a conservative in
vestment there are few as good as this
stock. Extensive bodies of high grade
milling ore have been opened up and
the mine will make record. The stock
will shortly go much higher.
Bullfrog is now i'll the fore in mining
circles. The district is OF the eve OF
great events. Its Importance has been
proven and there are now several of the
best mines in the west opened up there.
Our outside man has just returned from
that section. lie states the district is
one of the most wonderful ever opened
up. He describes the ShOshone- Mont
gOmery as one of the greatest mines in
the world. The ledge has been exposed
for 45 feet along its trend and in width
fully as far, without either wall being
exposed. This ore will break from
800 to 81 900 per ton. The Montgom
cry Mountain Mining company, which
owns a group of claims adjoining the
Shoshone, is sure TO catch the extension
of the great Shoshone lead. A big strike
has been made on the Bullfrog National
Bank. This mine has 10 feet of ore that
averages above $500 per ton. Other
properties are looking well and indica-
tons point to great activity in that sec
ton.
Today's quotations:
GOLDFIEID DISTRICT. Bid. Asked. !