The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-10-13
MINES N


is increasing at a rati0 haf beyond ina
of any other mining camp that was ever
opened up. At the present rate OF ship
ment. the output for the month OF
October will be at least s4.500. 900
Compare this with $1,000 900 for Sep
tember. and $1,000 o for April. and II you
can realize IL. without being on the
ground. you can then understand why
the stocks of the Goldfield mines how
la gradual increase. OF course they
~iuctuate, and IL is well that they should,
but the tendency is all upward Both
well located properties and leases are
in demand. Development is the order
OF the day. Within the past week. a
dozen leases have been let TO strong
parties who have their propositions al
ready financed, and are ordering ma
chinery preparatory to starting develop
ment work. The stock market has not
begun to feel this influence, as in the
greater majority of cases, people taking
leases have secured blocks OF ownership
stock in the properties they are develop
ing; but this money will. sooner or
later, find its way into the open market,
and l look for a healthy and substantial
advance in the majority of the shares.
The fluctuations of the past week have
been enough to be healthy and keep the
market from growing uggis or top
heavy.
tention to these shares last week, and
find that my information as to a stock
dividend of shares in the Cracker Jack
ard Red Hill, was right, and that this
month. The physical condition of the
mine, and the showing on both the Red
Hill and Cracker Jack properties. is
such as to make me consider this one of
the best investment shares on the mar
ket.
DIAMoNDFIELD. There is an UNI
d%ercurrent of strength to these shares.
which. when taken in connection with
the condition of the mine, makes me be-
lieve they are due for a decided advance
MADONNA. There has been but light
trading in these shares for some time,
and they hang aroun zoe. Thu show
ing on the property IS growing better
the ore bearing zone is reached. Then
you will see these shares take a jump
that will make you wish you owned
some of them. Buy them while you can
at the present price.
TRIANGLE. The reorganization of
this ompan has been announced, and
the new directors are all men of expert
ence and proven mining ability. AS was
to be expected after control had been
secured. the price fell back. but the
break was not as heavy as many antici-
pated. The showing on the Peterson
lease and on other portions of their
property makes me consider the shares
at the present market price, an attrac-
rRANCEs MOHAWK. On Oct. 9th,
this mpa deposited $4,000, being
the net returns on one shipment of ore.
The daily production is running above
500, 900. The amount of money in the
treasury, the value of the ore in transit
and in the mine waiting to be broken
value of these shares far above the
present market price. A new 50-h,p.
electric hoist has been ordered and will
be in working order before the first of
November. After this is installed the
production from the mine will be
doubled. / do not see how the net pro-
duction from this property can be less
in excess of $1.00 per share, and a suf-
fcient working capital to develop the
Frances and James claims owned by. the
justiies them in being placed among the
best prospects in the camp. Buy
Frances-Mohawk at present market
prices, and hold on to it.
FLORENCE LEASING g. MINING
CO. This is a recent organization. Mr..
James /. Lindsay, cashier of the State
r. Argersinger, secretary. The COM
pany owns a group of three we'll located
claims aggregating 90 acres, in the
Round Mountain district, upon which
the showing is first class. They also
own a lease on a block of the celebrated
Florence Co.'S ground. Their shaft is
down 275 feet, is equipped with an cleo
trio hoist, and they are making ship
ments of high grade ore. There is
every indication that this lease is going
to make a production similar to that of
| tn6 famous reilly ledSt OH Tic all
property. The stock was originally Of
fered on the curb at zoe. 1t is now sell
ing at soc. 1t is to be listed in a few
lays on both the Goldfeld and San
Francisco exchanges, and / expect it to
be an exceedingly popular and active
trader.
MINING co. This company owns six
claims, 100 acres, in the Gold Mountain
mining district. about 40 miles south of
Goldield. They are on the same vein
&c 4lA p,,ffo CnldGa1d ond Gn16-
field Granite Mountain. On this prop
erty the ledge crops to the surface and
shows a width of from 8 to 20 feet. A
tunnel is being driven to cut the vein at
depth, and shipping ore should be en-
countered as the surface groupings give
assay values as high as $50. w. II.
b. ogden, of Goidfeld, secretary. The
directorate is strong and the share
holders may depend upon intelligent
and economical development. I expect
to see this mine one of the shippers of
the Gold Mountain district when the
railroad is completed to that camp.
GREAT BEND. This property is be-
ing developed with a view of blocking
out sufficient quantities of milling ore
to justify the erection of their own mill.
Only the ore of shipping values necessar-
lily taken out in the process of develop
ment is being shipped. Therefore you
must not judge the value of Great Bend
by the shipments it is making. Buy
these shares as an investment and you
4 III Do hAAdl - NAtAA tAC -
turns you will receive within 8 months,
COMBINATION FRACTION. Recent
developments in the Florence Leasing
& Mining Co. ground, adjoining this
property, and also on the Frances-Mo-
hawk Lease on the Mohawk, has re
newed interest in these shares. With
the development this property is receiv-
ing, 1 cannot see how it can help but
enter the list of shippers within the
next thirty days. The shares at pres
ent market price are certainly a bar
GoLDFIELD RED KING. The shaft
on the lease on the Florence ground Is
now down rs feet, and is equipped with
horse and within. 1t is being lowered
at the rate of about six feet per day
Every lease on the Florence property
has made good, the showing on the RED
Hills to the south and on the leases &c
the north and east of this, is such thai
it makes ms absolutely certain that ore
within a very short time. This lease is
on a block of ground over 500 feei
square, and runs until October LIST, 1907
Application will be made to list tht
stock on the Goldield Exchange. Until
listed, they can be purchased at q
cents. If you want TO get into another
Frances-Mohawk or Florence Leasing q
Mining Co, buy Red King at once.
CENTENNIAL GoLDFIELD. Thu
double compartment shaft on this prop
erty is now down 100 feet, and the
values are increasing with depth. This
property is going to develop into a bis
shipper. The shares are selling around
II cents.
F. II.
Suite l6.17 Nixon Bl'