The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-11-24
MINES N
Weekly Review by hcCormack-Dorse Company
November "a, 1905

opened on the exchange at Soc. sold down
to Zoe in the evening. Tuesday they ad-
vanced to so. fell back as1sn THURSDAY
to as. and no one knows what thev are
going to do next. The showing on tiie
property justihes some where between
soc and Csc for the shares. It is cur
rently reported that the %e3ntroi sas
been old to a New Iotk syn6ieate. Ne
cannot see how this, IN any marne Of
fccts the real value OF tho shares. We
consider them, at present narkcs pt'ce.
ATLANTA. we are informed that en-
the Belcher Lease Syndicate lease on
this ground. some very rich ore has been
opened up. We ale Ln1blc to learn Just
how important the ssiikC T.. The rYC7-
erty Is exceedinsiy vel tast-"l ani -
being developed by numerous l~essces.
BLACK BUTTE BONANZA. These
shares are selling down arouGd &c aLd
lie. at vtich price We cons'ler tliGm a
BuLLFRoa DISTRICT. Since the ar
rival of the railroad in this camp there
has been one continual stream of ma
properties that are being equipped, gives
"A faint idea of what may be expected In
the way Of production after it is in
GOLDEN There Is moth
ing especially new to report in reference
to this property. Work in shaft and
tunnel is progressing in a satisfactory
manner. The ore bodies are being prov
en- up and the mine placed In shape to
maintain a heavy production, when the
management Is ready to hoist
ing ore. The shares have iuctuated be-
tween &C and zoe during the past week,
closing strong at the higher price. We
advise their Immediate purchase at
NUGGET. These shares have been
quite active the past week, selling
as high as 22e. Arrangements are being
made TO commence development work ON
company account, and the recent rich
strike on the Victor has given them
every confidence of opening up the same
vein on their Last Chance claim. The
MONTGOMERY sHoNsHoNE Elk
TENSION Owing to an accident in the
factory, the machinery for this company
was delayed a few days. A telegram
from Fairbanks. Morse &c Co, stated
that IL would be shipped from Los An
geles not later than Nov. Goth. This
will put it on the ground early in De-
cember. In the meantime shaft is being
sunk. as rapidly as nine men with a
horse and whsm can do II. The shares
have been quite active between 25c and
soc. We recommend their purchase at
present market price.
BULLFRoG q T1ANsvAAL. The de-
~velopment OF this property IL going for
ward under the direction of Mr.. Geo.
Probasco. Blacksmith shop and other
buildings have been erected and the
shaft has been started TO tap the rich
Homestake Consolidated vein. which
passes through this ground. Our pre-
liminary Offering of the treasury shares
at &c has been over-subscribed. Appli-
on the Goldheld Exchange. and from now
on the shares will have to be bought on
the open market. We recommend their
purchase at market price.
MANHATTAN.
Trading in the Manhattan's is again
becoming popular. Manhattan Mining
has taken a decided advance and is in
good demand. April FOOL Extension Is
another popular trader. Atlantic a. Pa
cific is also in demand between &c and &c.
ROUND MOUNTAIN.
ROUND MOUNTAIN EXTENSION.
Owing to the improved condition of
this property, there has been a strong
demand for their shares for the past
week, but the buyers seemingly want
the shares at a lower price than that at
which the sellers are willing to part
with them. These shares around loo
ROUND MOUNTAIN IMPERIAL. The
shaft on this property Is now down 70
feet, from which a crosseut has been
run As feet. One vein was
8 and 8 feet wide, which gave
an average value OF $500 per ton. The
crosscut Will be extended In the search
for the vein from which the rich surface
paintings have been obtained. Located
as this ground IS, adjoining the cele-
brated Round Mountain Fairview claim.
we do not see how it can help but de-
velop into a mine. We have a limited
amount Of treasury shares which we can
furnish our clients at zoe and consider
luem one ~ lUt moSb dttTtcllNc Du1S
in the Round Mountain district.
WONDER DISTRICT.
. Everything IN the Wonder camp is
booming, The telephone line reached
there last week, the railroad is com
pleted to Fallon, and should reach Won
der by the first of the year. Wonder is
primarily a silver camp, but carries good
WONDER GOLD g SILVER. In our
market letter of last week we stated
that this company owned a total OF 40
acres. Since then other properties have
been added. and the holdings of the COM
at this time are as follwa: The
June. Lucky Boy, Jersey, Hunch and
Hunch No. ., a total of So acres. The
June claim adjoins the Stray Horse on
the East and the Nevada No. 1. of the
Alice Mining Co, ON the south. and is to
the west and north of the Castle Rock
Group. The Stray Horse veins have
been traced through the June and Lucky
Boy, and the ore opened up in three dir
ferent places, with assay values run
ming from $1,000 to $4,000. 1t is the
opinion Of Mr.. James J. Moss, the man
ager, that this will develop into one of
the big mines of the district.
The preliminary offering was over
subscribed. Application has been made
to list the stock on the Goldfeld Mining
Stock Exchange. We expect to see it
become an active and popular trader.
We advise You to wire your orders to
buy at anything under zoe.