The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-05-26

c. p. J., Rosebud, s. D.-The only in
formation we have of the Goldfeld Sc
c~urities Syndicate Company OF Denver
is what the president, Samuel X. House
of Denver. furnishes. We have a list OF
securities or stocks held in Goldheld
companies but not the amount. Some
of the stocks are among the pest;
others we know little or nothing or
they are not active, at least. we nave
il upon good authority that the officers
of the Securities Syndicate are honor
able men and working hard to make
their undertaking a success. President
House writes as follows: The company
was organized in February, 1908, and
commenced business about March LIST
the same year. with a capital or 3,0UO,-
900 shares, par value 81 per share. All
the stock placed in the treasury. NO
promoters stock in this syndicate Tor
ANYBODY. We nave sold UP to the pres
ent time in round numbers 100000
shares of the stock, leaving 100000
shares still in the treasury, which all
belong to the stockholders of the COM
nanv We started out for a square deal
from start to finish and are keeping 1t
4 I'LL TlKDL dlOHE. OuI NihC
to make a great success of this COM
pany. You will understand that this Is
a holding company, an investment COM
pany, and a promotion company, the
latter only under favorable conditions,
such as in cases where after thorough
investigation we take the fiscal agency
of the company and the entire control
of IL through the officers and directors
of the company, and not only sell the
stock but also see that the money IS
properly applied to develop the COM
pany's property. You will notice by
reading our prospectus carefully, which
we hope you will do, that the plan OF
our company is a very safe one, in that
we scatter our investments among many
mining properties and other good in
vestments. Up to the present time we
nave made over forty different invest
ments for the company some OF when
are paying dividends at the present time
and others will be in a short time. we
are now having our books audited ana
accounted and by the first of July Will
be prepared to give a full and detailed
statement of the We have re-
Gently purchased and taken over into
the Goldfeld Securities Syndicate COM
pany the Amalgamated Copper Mining
& Extraction mpa capitalized at
9, 1000. 900 shares, par value so cents each,
owning eleven full claims, 220 acres, at
Hecla. Wyo., two of which already have
shafts down to the ore, and samples
taken out show very rich in Upper. The
Goldfeld Securities Syndicate has pur-
chased 1900, 900 shares, three-fourths of
- ito aoDifaJ Stook and obtained
entire control of it by the election of a
majority of the board of trustees from
members of the Syndicate, so that we
actually control the property in it's en-
tirety, and snail soon proceed to begin
development on it. We value this
property very highly and at the present
time a moderate estimate of our assets
we believe would be 100000 actual
market value.
]. p. M, Waco, Texas.-The Golden
Glow mpan was Incorporated for
49, 900, 600 with 81, 500. 900 in the treas
ury. The Incorporation stock in this
company was sold to pay for the prop
erty at u cent a share, IS a thousand.
The company owns Josephine, Golden
Glow, Lucky Strike and January No. 5,
all situated in the Goldfield mining dis
trict within a short distance of the city
of Goldfeld. The development on the
property consists of considerable trench
work trying to locate the ore chutes.
When the company gets out of money
they have to quit work. They have
again accumulated a few hundred dol
lars in the treasury and will do addi-
tional work on the January No. 8. The
mpa have no debts of any kind and
it is the intention of the officers only to
carry on development as they can raise
money from the sale of treasury stock
which is being sold at liz cents a share
without any commission. The company
has been receiving quite a few orders
within the last few weeks. One of the
officers of the company will come to
Goldheld at an early date to look after
further development. 1t is the intention
to thoroughly prospect the property and
should they fail to find high grade ore
in large enough quantities to handle
they will endeavor to secure property
that has ore of that character. There
is no stock being disposed of except
treasury stock. This company has
filed all the required papers in Nevada.
s. M. p, Anderson, s.. C.-The Free
Coinage company owns three properties
consisting of sixty acres in the Gold
field district. They are known as the
Dulce, Kimberly No. l and Kimberly
No. 2. There is a good LEDGE on the
property and some very high assays
nave been received but the ore seems
to be in small punches. The company
did considerable trench work and sunk
a shaft down in the neighborhood of
fifty feet but have not discovered large
enough bodies of ore to handle 1t with a
profit up to this time. The company
has no debts and has at this time a few
hundred dollars still on hand, and is
making an effort to raise more money
from the sale of treasury stock to carry
on further development. The officers
say they will not go one dollar in debt:
they must nave the money on land to
carry ON development. If they fail to
find large enough shipping quantities of
ore on their property, it is their inten-
ton to secure another and better prop
erty for the company. The company
- s. . EAn nm xrfkl