The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-06-16

KTeAICI I1AIOIlNl VI thQ RAOBCA - NaO
Goldfeld camp show the faith of the
owners and the lessees in their own
propositions, and with everything pro-
crossing in good shape and the splendid
showings that are being made on the
various properties, 1t seems strange that
there should be even a slight decline In
prices, yet such is the condition. The
most satisfactory feature of the market
is that the trading is decidedly light.
We do not look for any great decline in
the better grade of stocks where the
properties are being intelligently de-
veloped, n this is the only class of
securities that the investor should
touch. Look well to the management of
the companies whose shares you buy,
and If you are satisfied that they are
making an honest e"ort to develop a
mine lay your shares away for a suf-
fcient time for the property to be de-
veloped, and the management given an
opportunity to demonstrate whether a
mine can be built or not. Pay no at
tention to the e~uctuation in the shares
the price at which they are selling on
the open market has nothing to do with
the real value or merit of the property.
MOHAWK. This ground is a beehive
of industry. The Hayes and Monnette
lease continues it's heavy production.
The Lord Brothers-Oddie lease is in a
better grade of ore and shipping. The
Mackenzie No. / and Mackenzie No. 2
are working every man possible In sink
ing for the ore. The Mohawk Leasing
and Development company are also sink
lINr -~A.,l -
mediately south of the Hayes and Mon
nette shaft. The Kalfus lease is saving
ore. The amount of the production
from this property between now and
January 1, 1907, Cat which date all OF
the leases expire) will put the produce
ton for Mohawk several times more
thar tina of any other property In this
camp for a like period of time. The
royalties from leasing will undoubtedly
enable them to pay dividends and still
have money to go Oh with the develop
ment of the property on company ac-
count. We believe the management of
this property will do this, and look to
see early dividends paid by the Mo-
hawk. These shares seem to hang
around $1.40, ouctuating a few points
every day or so. Buy Mohawk for divi-
dends and profits.
declined to down around 40 cents, at
which price the insiders are buying
them and we advise you to do the same.
This property is receiving the best OF
systematic development, and is being
put in shape to maintain a steady
production. A new noisting plant has
been ordered so that further develop
ment can be continued on an extensive
scale. Some high grade ore has been
shipped from this property, but it's true
value lies in it's large bodies of high
grade milling ore.
COMBINATION FRACTION. These
shares made a sensational advance and
under heavy trading reached 40 cents,
but after the insiders ceased buying
there seemed to be but little demand
for them. Wednesday they sold down
to 80 cents; the management is in good
hands. and the showing on the property
justiies a higher price.
..FRANCEs-MoHAwK MINING AND
LEASING COMPANY. This is a new
company recently organized, which has
purchased the Mackenzie Lease No. 2
vi Ah0 CAA N oA1 ta1O $3.50
of three claims in the Knickerbocker
Mountain section of the camp. There
is a first class showing on the prop
erty, and with the active development
that these people will give 1T. there is
every promise of 1T becoming a ship
ping proposition. The lease alone is
worth all that is being asked for
the stock. The first allotment of
treasury stock is being offered at 20
cents per share. We unhesitatingly
recommend the purchase of these shares
and believe that they will be selling
at several times their present price be
fore the first day of November. The
management of the company is closely
associated with that of the Madonna,
which is one of the few companies
whose shares have shown no decline
since the day they We're listed,
PALACE aoLDFIELD. The men
who nave been working on the lease on
this property have taken one on their
own account. They are practical min
ers and evidently have found something
that looks good to them or they would
not have been anxious to have gone to
work on their own account. This prop
erty Will receive active anu ln~teillBenl
development on company account, and
we look to see 1t develop into a mine.
The treasury stock at 15 cents is a
buy.
GREAT BEND ANNEX. There has
been some little demand for these
shares the past week. The property is
being developed on company account,
and the showing on their Red Butte
claim is certainly encouraging.
GREAT BEND EXTENSION. This
property is being actively developed on
compan account, and the showing is
better today han when the shares were
in demand at above 20 cents. But these
shares at the present price, you will
max good money.
LAGUNA. This property with devel-
opment is showing batter than was ex-
pected. and the shares have been in
decided demand, but the advance in price
has been but slight. The location of
the property and the development that