The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-06-30
WEEKS MARKET REVIEW.
As Presented by w. Z. Bond & Com.
pauy, Brokers.
Goldfeld, New. June 80, 1905.

GOldncld, New. june oU, ISU0.
\ decided improvement in market
conditions has been noted during the
week. Goldield Mining, the leader,
advanced steadily to 1915, recording
a net gain of IL points. A slight re-
action to 7l-73 followed, due to profit
taking. The exceptional showing
the holdings of the company are max
ing is responsible for the strength
Shown ly the stock. The very rich
strike reported last week is holding
out decidedly well and in addition a
most important discovery has been
made by ~lessees on the February claim,
where a Lody of high grade shipping
ore has been disclosed at n depth of
over 100 feet. Assays indicate values
of 5000 for an average of two and
one-half feet and in addition there is
exposed Il full face of ore in the drift
that will break between $f5 and $50
per ton. 1t certainly looks as though
the Goldield Mining company's mines
will shortly become the greatest pro-
lucers in the camp.
There have been other important de
yelopments in the district and in every
respect conditions, from every point of
view, are most encouraging. The out
put from the producers is heavier than
1T any time in the history of the
camp; more ore is being broken daily;
the payroll of the district is constant
~ being increased; business conditions
IRE improving rapidly; more actual
mining operations are being prosecut-
ed than ever before, and there is not
a single thing to cloud the generally
optimistic outlook for a future of con-
tinued prosperity and progress.
EMPIRE.
Development work on the Empire
is being prosecuted with an energy
that gives promise of great results.
Owing to the fact that there was some
lead work necessary before sinking
could be undertaken the progress made
since last reports has not made any
great change in the physical condition
Of the mine, further than to demon
strate that the rich ore shoot is longer
than at first supposed and that the
richest tense had not been exposed.
The Empire has every earmark of "A
great mine and we are of the opinion,
frequently expressed in past market
letters, this stock is one of the best
III tHt tISJ anu pTtStHtS SutH tttTdCt-
i've investment features that there APP
pears to be every assurance of SPLEEN
lid profits to those who secure hold
ings at current low prices. We conf
IDENTIFY predict a sharp advance in this
security within the next 80 days.
DIXIE.
Work continues uninterruptedly on
the Dixie. The management has out
lined an extensive plan of development
in addition to the continuation of the
shaft to Il greater depth. The ore
bodies exposed in this property show
p~ermanencv and uniformity in values
and every feature of the physical con
dition of the mine indicates a future
Of first Importance. In view of the
fact that the owners Of the Dixie pur-
pose making of it one of the largest
mines IN the country no effort is to
be mate toward production until suf-
tcleut ore has been proved up to war
rant the installation of u big reduc-
tion plant. BY the time this is ac.
complished thc railroad to Goldfeld
will be completed and in operation;
there. will he an abundant water sup
ply developed for milling purposes and
much more satisfactory conditions
generally will obtain for economic
and milling. When once the
Dixie enters the list Of producers it
viii be under such conditions that will
insure years Of productiyeness, With
the CONSEQUENT benefit to stockholders.
As an investment we know of no Sc
curity that compares with this one
and We advise it's purchase for Il hold
for several hundred per cent profit.
Conditions at the Jumbo are rapidly |
being shaped for the active resumption
Of Development work. The hoist is
in place and a force of miners will be
put to work the first of the week. 1t
is the announced plan of the manage
ment TO continue the shaft to as great
depth as will be possible without in
stalling "a pumping plant. Levels are
to be extended and the mine opened
up upon a systematic plan of devel-
opment. Great things may be expect
ed from the Jumbo, although it is
probable the management will not I'M
dertake very extensive operations be-
fore the completion of the Bishop
Creek electric plant, when electrical
power will be available for pumping
and other power purposes.
81 Ives.
Tie management of the st. Ives
company has announced that sinking
to much greater depth is to he prose
cuted ON that property. Large bodies
of good milling ore have been opened
up and it is the belief of the princi-
pal owners of the mine that with CON
siderably greater depth values will be
found to be materially improved.
For an Investment combining conser-
vatism and splendid promise OF big
III the future we know OF no
better investment.
Operations on the Lone Star, Silver
Pick, Red Top, Black Butte, Sand
storm. Columbia Mountain, Blue Bull,
and, in fact, all the operating mines,
is progressing with most satisfactory
results and, as stated above, there is
every reason to predict II future of
continued Improvement and activity |
in all lines of industry. Particularly |
does it look promising for the really
meritOriOus MINING stocks of This dis