The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-03-02
EVIDENCES OF A BOOM

coldheld is just beginning to feel the first temors o. a great boom, the
like of which has so far never been experienced in the district Not that there
wub 70 Al thrush Of "sooners" nor will the scenes of the earliest days of Gold
field be reenated. The boom will be of a different character more substantial
ments nov being witnessed from day to day, which are bo"n to attract Inc
attention of the entire mining and investing world. and create a demand for
and stocks that will put the mining business in this camp upon an n
trey icy and different basis
Close readers of The Goldheld News must before this have been impressed
with the gradual but constant Improvement in the mine conditions OF this camp.
As depth and development increase there is a uniform increase in the values of
greatly augmented Up until recently, here had been no sahon develop
ment fr some time to starhe the mining world and fix its attention o N this
camp, but a combination of fortuituos circumstances, resultant upon intelligent
md persistent mining produced a cumulative effect which was already being
distinctly felt both in camp and mining market to the greatest satisfaction of
the friends of Goldfeld.
But on top of these conditions comes wv OF the most startling character
which viii aus the entire mining and investing world to 'st up and take
notice of Goidfeld; for the revelations being made al the Great Bend min
JUS create the most profound impression throughout the country. and cause ar
inflow of capital sch as las nev before been witnessed in Godhed- With all
due regard and reverence for the greatness If other camps-Tonopah and Bull
frog. especially, they will have to lay down the palm to aoldaeld, for this camp
is the home of what is destined to be- apparently. the greatest gold mine in the
state Of Nevada, and of the United States Those who have been privileged to
examine the property are emphatic III their statements that the Great Bend is to
become n Of the famous mines of the entire world. rivalng in strength and
statements. but they are warranted. at least by the present allowing Develop
ments disclose three different and distinct parallel veins within . radius OF 100
feet each Of which has shipping pre-, of high grade and great quantity. The most
the camp in any quantities, which signifies permanently with depth. This dis
covey is Of the greatest possible consequence indicating lot only the permanency
prospecsor, wo las neresoiore ignored inc parucusS ofmaN0n ~mchs AYES
these great values. The Importance Of the discovery Of this great mine cannot
be over-esttmated and results will be farreaching establishing dodhed, with
out doubt as the premier gold camp of Nevada.
But time has been making other great mines in Golddod, which but a cor
parativey few months ago. were promising prospects only The Florence min
today, although the general public is ignorant of the fact, due to the company
being a close corporation-is greater than either If the famous properties of
Cripple Cnek-the Portland or the stratton Independence, and this fact will
become apparent when milling provisions for the vast bodies of s5 IRE re
provided. The Red Top and Sandstone thu Jumbo ant Combination and January
were neve as great as they are today, and thu same may be said of other prop
critics of lesser note, fast making into mines Of large production.
The mining stock business is contributing no little to the development of this
mining district Godfed is the mining bourse for all Southern Nevada mines
and stocks and enormou amounts of money con to this camp through this
channel Other mining centersm may undertake to establish mining exchanges, but
they must look to the parent exchange and get their quotations FROM odfed,
which already has the business pretty well in hand. The market for Goldfed
and other Southern Nevada stocks is fast widening. San Francisco las at last
come to appreciate III opportunities offered in our stocks; Los Angeles is about
10 list or securities oil its mining exchange; New York is jealousy claiming to
be making the prices on Dur shares. A recent issue If the New York Evening
Mail says: 1.-THE local market for shares If Goldfeld. Tonopah and Bunfrog has
become a very broad on and I'll now generally recognized that New York and its
stocks The fact is that while the price OIL locals stocks is made on the home
exchange, the eastA absorbing N enormous amount of our securities an 10 that
degree is helping to establish prices The current weeks business on the local
stock exchange was the greatest by $4,000 shares, If any week in its history
and this was not the result of any especial hurrsh- only he elimination of a
steadily increasing business which will continue to grow Sc long as the stock
exchange is governed by rules which will protect the public and insure honest
and legitimate dealings
Altogether Goldfeld has signal rcasons for rejoicing over. the present stua-
an and faces the year yet young, with most hopeful assurances FOL greata and
increasing prosperity.