The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-01-06

GoLDFIELD, New, Jan. 8, 1905.

ciously with trading unusually keen and
brisk; Tonopah stocks weaker, Goldfeld
Mining company and Jumbo still on the
decline; Black Butte and Diamondfield
hold their own; Sandstone, Kendall,
Columbia Mountain and Conqueror SELL
ing strong and assuring u big advance.
A new strike is reported on the Blue
Bull which, in addition to the recent
discovery in the Kawich district, have
served t o verify the predictions in our
last letter.
Montana, Belmont, Midway, Extern
sion and Mcnamara show very crafty
ing developments. Mcnamara especi-
ally active, showing a strong upward
tendency. Belmont should not be over
looked, recent work showing it to be
one of the great mines of Tonopah.
The Combination paid it's third divi-
dend of 10 per cent on the 31st ult. Ar
rangements have been completed to
make this payment monthly; in addi-
ton, a reserve fund of $4,000 is in the
treasury. As this is paid on shipping
ore only, and without any special effort
at production, we have no hesitancy in
predicting that dividends will loon be
so per cent monthly; especially after
the water main and new mill is COM
pleted. We learn also that while dig
ging the water ditch running 60 feet
from the shaft, the excavations ran into
$500 assays. This stock is held by a
close corporation. None is to be had,
and we only cite these facts because we
appreciate their bearing on conditions
that might present themselves at any
time on any property in the camp;
hence their Importance to stockholders
and investors generally.
Trading in Jumbo and Goldfield Min
ing company very light. The leases on
the latter expire today and the company
will now take hold, sink a new shaft
and pursue a vigorous plan of develop
ment. We look to see Jumbo much
lower.
Sandstorm-The returns from the re-
cent shipment gave $14, 200, an exceed
inglv high average, and we learn will be
small in comparison with another now
being sacked. This stock has been ex-
ceedingly strong and verified Il pre-
diction of two weeks ago. We look to
see it at the head Of the top-notchers in
a few weeks, and of course some posi-
BILE fluctuations in the meantime.
Kendall and Columbia Mountain,
showing strong upward tendency, adj
joining Sandstone, has naturally felt the
effect of it's high advance. A good buy.
Both are splendid properties in them
selves, and we learn the Kendall has
placed money in it's treasury to declare
Il dividend.
Another mine commanding attention
is the Conqueror. But very little of the
stock is held by the public. Recent de-
velopments show unusually rich depos-
its in this already proven valuable prop
erty. Its finances are in excellent shape
and we look for a sharp advance.
Diamondfield and Black Butte hold
ing up well. Former maintains splendid
showing mentioned in last letter. Both
excellent properties.
There has been considerable inside
buying of Adams. Red Top holding its
own.
Oakland Goldfield continues improv-
ing. The Blue Bull on southwest is in
shipping ore and we learn of a strike of
exceptional richness; more about this
next week, however, as it is received too
late for confirmation.
GOldflelQ- treasure, NlnulcdtOT, DldCk
Butte Extension, Empire and Deadwood
are progressing with their development
work. Good opportunities, especially
the first named, for investors looking
for low priced stocks with indications
for an early and sharp advance.
Florida showing up to expectations.
In addition to the shaft being sunk a
tunnel has beer started to tap the ledge.
200 feet lower down. But very little
stock available. We consider this n
of the best buys.
Original Bullfrog continues upward.
Stockholders firmly holding for advance
which they feel sure will occur.
We wish to call our readers attention
to the absolutely fallacious statements
regarding Goldtield being circulated
throughout the press of the country,
purporting to come from their cores
pondent in Reno, New. The citizens
are taking steps to refute this canard.
The following is copy of telegram for
warded by us to Oakland Equirer:
"Your Reno correspondent biggest liar
on earth. No sickness here. Weather
excellent. No epidemic, plenty of
ey, food and supplies. Town booming.
Kindly correct the injustice being done
u.s."
We quote today: