The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-09-15

G. b. g. Co., Los Ange1es.-Replying
to your inquiry would say that only a
very extended article would do justice to
a description of the present and pros
pective mining conditions in Nevada"
You must know that Nevada has more
than trebled it's mineral output in the
last three years-that it has doubled its
population-that four new railroads are
building through the mining camps, and
that Nevada is upon the tongue of every
mining man in the United States. You
nave doubtless been advised of the
wonderful developments in Goldield
within the last few months, which has
produced the Mohawk. perhaps the most
wonderful mine in the country, If not
in the entire world. The production from
the Mohawk mine alone will reach one
million dollars a month. Other mines
are coming along and the production
from Goldfeld will probably be three
times as great this year as last. The
town is growing rapidly and business is
booming. and the only thing that casts
a shadow over the otherwise magnificent
prospest is possible trouble, which now
seems to be brewing. However, If there
is to be trouble, the sooner it comes the
better, for when it is disposed of the
camp will get dow to a better basis
than ever before. Tonopah, Manhattan,
Bullfrog, Searchlight, Johnnie, and all
Southern Nevada camps are in much the
same physical condition as Goldfeld.
They are developing from the prospect
ing stage to the mining stage. The fact
that Gould, Hartman and Clark are all
building railroads into these rich dis
tricts, which but a few years ago were
bowling and tenantless deserts, should
in itself convince the uniformed that
this country has a magnificent future.
Railroad builders do not build roads
where there are no prospects of future
business, nor without a previous
thorough investigation of conditions.
Those who are seeking investments in
Nevada will never have a more favor
able opportunity than now; for claims
are rapidly becoming prospects and
prospects mines, as more money is be-
ing poured into the state for develop
ment.
W. T. W., Elmira, n. Y.-The report
which The News gave you on the Sho-
shone Extension Gold Mining company
was the one for which you asked and
tAAO OlAy SOAiPal VI that AiAii III IN
Louis L. Finnegan and job Cook are
interested. The report that the COM
pany's claims have been bonded for
$3.50, 900 is not true according to Mr..
Finnegan. Concerning the ownership of
the claims the Shoshone Extension Gold
Mining company seems to have a clear
title to the ground so long as the an
nual assessment work is done. Mining
ground never becomes the unqualified
property of any but Uncle a until
patented. j. c.. Mccormack has taken
an option on the controlling portion of
the stock and is endeavoring to place
this in the east in ar attempt to build
up a treasury. As the majority of the
holders of stock rave declined to pool
their holdings for the protection of the
treasury there is really little hope. Mr..
Mccormack is also interested as an Of
icer and director in the Montgomery
Extension and The News
article to which your letter refers had
no bearing whatever on the company in
which you hold stock. So far as The
News can learn the responsibility for
wrecking this company lies with the
promotion firm who broke the pool and
spoiled the sale of the stock.
L. Z. W., Topeka, xas.-A report was
made or the Hearst-Jaggers Mining
company in The News issue of April
9th. The case is apparently absolutely
hopeless as the company was a Wild
cat ioated by the employees of a well
known promotion house professedly
without the knowledge of the employers.
~ App4r&ntlv worfhlaas l