Los Angeles herald., 1905-06-03
GOLDFIELD FAR AHEAD OF
CRIPPLE CREEK
LOS ANGELES SUPPLY POINT
Comment on Present Conditions and
the Future-Recent Bank Fall
ure Simply Robbery-Money
Made In Stocks

recently returned from a personal in
spection of the rich mining sections of
Nevada, in the vicinity of Goldheld.
"Los Angeles should move and move
in no uncertain way about lending help
toward the development of Nevada" g"
said Mr.. Robinson. Los Angeles is
the logical supply point for all of
Southern Nevada, and now that SEN
ator Clarks road has been built and
puts us in so much closer touch with
the Nevada camps, our people should
certainly use every effort possible to
help the camps in every way.
IT am firm in the opinion that Gold
field stands today without peer in
the history Of mining, at least 1 have
never heard of any other mining camp
going ahead of Goldfeld's record in
production. 1t is now a well known
fact that Goldfeld produced during the
first year of it's existence more gold
bullion than Cripple Creek, the former
leader, did during the first three years
and a half of its existence.
Not a Failure
what about the Goldfeld bank fail
ure? don't see how any one can call
1t bank failure. 'Tis true that it
would appear at present that the de-
positors have lost their money, but it
was bank robbery not a failure. The
banks of Goldfeld, worthy of being
called that name, are sound, substan-
tial Institutions.
"The new railroad is being built from
Godfield junction, eight miles from
Tonopah, to Goldfeld proper. The
grading is about completed, and it is
expected that trains will be running
into Goldfeld not later than September
1. This of course will greatly improve
existing conditions there 1t will cut
out the long expensive haul across the
desert, twenty-eight miles from Tono-
pah, enabling the miners to equip with
machinery at much less cost.
Los Angeles Mines
1.-THE California -Goldfield Mining
company, which owns two very prom
Using prospects, one the California
claim, is located just north of the
Dixie, and we are now sinking a shaft
Oil llleiL lilOPClIy W cut IllC lCuS5C ciI q
depth of fifty feet. This ledge extends
across the claim for $50 feet and car
ries values from 81 to $500 per ton on
the surface. We are working two shifts
on the shaft and expect to cut the ledge
in a very few days. On our other
property, the Rambler, located in Sec
tions and 4, little over a mile east
Of OiyTin Nyp ra 11nu rrncTnnfiner
Several we'll defined lodges have been
uncovered on this property, and as
soon as the best point for sinking a
shaft has been determined upon, con-
tract will be let for putting it down.
About Buying Stocks
IT am forced to give some advice
about buying stocks that may not ex-
actly suit a few promoters, and that
is this: NO person should buy specula-
tive stock in GoIdfield or anywhere
else for that matter, unless they can
afford to lose the amount invested,
in other words, when any one asks
me about purchasing Goldfeld stock
in a prospect, even in my own COM
pany, the California -Goldfield,' I tell
each and every one-'kiss your money
good-by; you may never hear from it,;
if not, you may rest assured however,
that it has been spent digging in the
desert of Nevada trying to find some
thing.
GoldfieId the Real Thing
mo man with one ounce of brains,
even though he be crosseyed, can go
to Goldfield and see the immense guam
titles Of high grade ore that is being
daily produced and shipped to the mills,
in some instances so rich it goes out
under armed guard, and truthfully say
that Goldheld exists in name only.
When there, L sat on my horse and
took a photograph of the 'Simmerone'
mine, the property known the world
over as the mine with the stockade
that I afterwards learned netted over
one thousand dollars per sack in Salt
Lake to which point 1t was shipped
by Wells-Fargo express under armed
guard, the guard accompanying the ore
--23 sacks, netting $4,000, all the way
from the mine to the smelter Later 1
learned that only last summer this
same property was being peddled
around the streets of Goldfeld for the
insignificant sum of $3.50, whereas to-
day it has a market value, based on it's
stock quotations, Of about $4OO, 900.
was then forced to admit that Goldfeld
has taken its place among the list Of
Americas greatest mining camps. not
to say, to put it mildly, at the head
Of the list. This is one instance of
fabulous wealth uncovered in a re-
lnarkably short time. The Sand
storm the Combination now paying
$1,000 per month in dividends, the
Gold6eld Mining company the 'Jum-
bo St Ives the Lone STAR Silver
Pick Dixie and many others, stand
out as an irrefutable argument in fa-
yor Of Goldheld as a great producer
New Empire Goldheld stock only d
few weeks ago went begging at A to 5
cents "A share. The company uncover
ed rich ore and the stock Jumped over