The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-03-31
WEEKLY MARKET T
Comments on the Local Situation by
Kenneth Donnellsn q Cd.

The telegraph wires have been out OF
working order during the better part of
the week shutting Tonopah and Gold
field out OF wire communication with
the outside and, as is always the case
when such a condition exists, the prices
of the stocks showed a slight falling off
in most instances in the speculative
stocks while the more staple stocks re-
manned at about the same figures as last
week. In our last weeks market letter
we referred to a new policy adopted by
the flake" mining concerns of running
down the really meritorious properties
i'm the prospectuses which they issue and
then boosting the company or companies
which they are foisting on the public
and which are purely flake" PROPOSE
tons. United action will now be taken
bv the Tonopah and Goldfeld brokers
and mine owners to expose these fakes"
to the public, and if the public will on
tinue to be caught by the misrepresen-
tations made by such concerns after re-
peated warnings, it will have no one to
blame for having a lot of worthless stock
on its hands.
OF the Tonopah stocks the one to show
the greatest strength was Tonapah COM
mon, which on the rumor of a dividend
W De utCldItu dtNdICCu uuilHS lit
week to the $15 mark, but reacted.
Midway continues its rise slowly and
is a good buy at present figures.
Montana lowered around the So mark
but will not do so very long. West End
after its meteoric fight of last week set
tied around soc, but the knowing ones
will not let go their stock as by holding
they are sure OF large profits in the very
,aar f,,tnrn linn Rnflar has oIyanep1
to around Soc and will go higher.
Mcnamara, Extension, Belmont and
Golden Anchor maintained about the
same prices as prevailed last week.
The Goldfield stocks maintained steady
prices, and no sensational flights or
falls were recorded, but steady buying
seemed to prevail.
Goldfield Mining is inactive around
the seventies, but after the installment
of new machinery which will facilitate
the working of the property this stock
will jump.
Jumbo, on account of the near APP
proach of the annual meeting, when it
is hoped radical steps will be taken to
place this property on a proper footing,
remains firm around the soc mark.
Red Top in spite of strong bear move
ment continues in demand around 40c,
and will 90 higher.
Diamondfield should advance this
coming week after the dissolution of the
pool. Black Butte, too, while strong
around 42c, will show advance within
the mex ten days.
The St. Ives machinery is ready for
installment and the price on this stock
will 90 up; there is a strong demand for
this stock with the biggest portion OF it
held by those who will not let 90.
Kendall, Columbia Mountain, Nernal
and Jumbo Extension were inactive.
Active work is going on on the Mohawk
and this property will o o be heard
from.
About every method known which is
used to bear stocks has been resorted to
to bear Sandstone, but the price re-
mains firm and will advance. The
holders of this stock are people who are
not easily frightened and knowing the
merits OF the property are not influ-
enced by the %unsought for advice of I'M
scrupulous promoters OF wildcat" prop
ositiOns.
We quote: