The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-06-09
WEEKS MARKET oyvIEw.
As Presented BY w. F. Bond & Com
pany Brokers.
Gold6eld, New, June 10, 1905.

Goldteld, New, june lO, lSOo.
With extensive resumption of opera
tons on the January mine and a gen
eral Improvement in mining con
, .tions throughout the district =
particularly on the Lone Star,
where two important strikes
have been made-the outlook has pre-
ceptibly frightened, although there
have been no striking features in the
market during the week. No further
declines have been noted. excepting
reactions that were but natural after
the marked advances in Sandstone
and Kendall, indicating that the low
est level has been reached and hold
ings are quietly being added to by
those best Informed as to actual on
ditions. There is more work being
done in development and a heavier
production from the big mines than
e.cr before in the history of the dis
trirt. and obtaining conditions in the
market cannot last a great deal longer
Is we are certain to have an upward
movement after this prolonged dull
spell that will carry prices far above
current quotations and to a level that
will much closer represent the actual
value of our securities.
The fact that mining operations are
being carried on upon a much more ex-
~tensive scale is reflected in the amount
of ore being treated at the several re-
iuction plants of the district. These
are running day and night without in
terruption and a heavy tonnage is be-
ing crushed. Later, when the bullion
output of the camp is totaled and the
information given general publicity
that the district is producing more
gold than at any time in it's history,
there will come that reaction and o n
sequent advance all along the line
that we have been predicting for
some months and are now confidently
anticipating. In the interim we can
only repeat the advice that has ap-
peared in our market letters during
the past two months-if you are not
loaded up average down your invest
ments by purchasing a line of securi-
ties of the proved properties of the
district At the ridiculously low figures
at which they may now be bought;
lay them aside for a time and you
are absolutely sure to reap magnif-
cent profits within a reasonably short
time. If you are not an investor in
Goldfield, securities now is the OppOr-
tunity to purchase a select line of
holdings that represent actual, 'intrin-
sic value. Within a very few months
YOU will be able to make a decidedly
satisfactory entry in your profits ac-
count
The great January mine will short
ly resume its place among the heavy
producers of the district. The pump
ing plant has been installed and is
handling the heavy flow of water
without any difficulty. The working
force at the mine is being increased
every few days and reports from the
property are of the most promising
nature. We consider Goldfeld Min
ing one Of the numerous splendid
buys among the mines list.
On the Lone Star two big strikes
have been made. This fact is not
generally known, as the management
mas not heraldcd it. Consequently
there has been no advance. On the
Lone Star claim 3 feet Of shipping
ore has been opened up by ~lessees and
sucking for an initial shipment is UNI
der way. On the Patrick claim les
sees have ont part of a shipment anJ
are sacking ore daily. Backed by one
Of the largest and most valuable es-
tates in the district and with two
genuinely important strikes, the Lone
Star is unquestionably One of tie
most attractive investments among
the preferred prospects.
1t is given out as authoritative that
the Red Top will shortly begin ship
ping. An immense tonnage of ore has
been blocked out and we feel sure
that this is one Of the greatest buys
in this field. The stock has shown
considerable strength in the face of
the dizziness that has characterized the
market and a sharp advance is our
confident prediction.
Work is progressing with perfect
satisfaction at the Dixie and at present
market this stock should appeal strongly
10 those who desire features of decid-
Cd conservatism in making their in
vestments.
We have received advices that the
directorate has |consummated a deal
whereby the lease on the Silver Tip
claim of the Empire Goldfield com
pany has been purchased from the
former ~lessees and that the mine will
be operated OF company account. This
is good news to Empire stockholders
as it means that the rich ore shoot
opened some time ago by Lessee
O'Brien will be systematically explo-
tied and a heavy production made.
The situation in Empire circles is de-
cidedly encouraging and we have no
doubt as to the future of the stock.
AS stated, a slight reaction has
been noted in Sandstone. This was
but natural and we expect to see the
stock hold firm at present prices.
st. Ives has not shown any change.
At 81 it is one of the best buys that
can be named.
Reports from the Gold Coin strike
of the Jumbo Extension Mining com
panv are that the showing is one of