The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-05-11

=. =. o., Laquiu, Pa.-The Goldield
Princeton Mining owns 100
acres located in the extreme southern
part of the Goldheld district, as shown
on Chute's map. There is a 100-foot
shaft on the property and about 200 feet
of drifting. Four men are at work, n
from recent reports. the main ledge on
the property has been cut without dis
closing any values. The company has a
treasury balance Of $500. with $4,000
due on installment stock. We undei-
stand she price of the treasury stock
was advanced to 10 cents On the 10th
day of April and that a further advance
is contemplated. The company is In
corporated under the laws of Arizona
with a capitalization of 1900, 900 shares;
par value $1.00. A million shares was
placed in the treasury on the ~organiza-
ton. The stock was originally placed
on the market at 2 cents. The stock Is
not listed. The officers are v. d. Foster,
Idaho Springs, Colo, president; Ell
Kaufman, Goldfeld, New, vice president;
]. ID. Williamson, Idaho Springs, Colo,
secretary and treasurer. The COM
pany was promoted by the ]. ID. William
son Investment company of Idaho
Springs, Colo. We have received COM
plants from three or four subscribers
that they were unable to get any in
formation from the ]. d. Williamson In
vestment company regarding any of
their promotions. In our correspond
ence with the manager he replies: w
cannot understand these complaints for
the reason that we furnish full particu-
lars about our different enterprises
enc called upon to do So"
A d. G., Newark, n. I've w had
several inquiries about Kawich COM
panies, but our correspondents do not
seem to state very clearly the names of
the companies about which they seek
information. There is a similarity of
names in all the Kawich companies
which make it necessary to state the
exact corporate name inquired about.
For some time there has been but little
work going on in the Kawich district.
While there are some good lodges there,
general mining conditions are not very
favorable. There is a great scarcity of
water among other things. Only one
company has had shipping ore in guam
titles; tina is the Kawich Gold Reed
Mining The company, which
we take it you inquire about. is not
working. The Mims-Sutro company
which promoted this scheme was dis
solved several months ago. Minis retir-
ing. Perhaps the Emil Sutro company
of Tonopah, successors to the Minis
Sutro company. might give you adIi
tional information.
w. q. p, Los Ange1es.-While the
weather becomes pretty hot in the sum
mer time in Goldfeld, business con-
tinues without interruption. The nights
are delightful and refreshing. Goldfeld
, is unusually lively just now. More men
of money are coming into the district
seeking investments than at any time
previous in the history Of the camp.
Good houses for rent or sale are very
few, the demand largely exceeding The
supply. Many people are building house
tents which they find very comfortable,
especially during the warm weather.
More good houses are needed. Rents are
good and pay we'll ON the investment.
The camp never looked so good and the
town is destined to grow very much
larger in size.
G. s., Montreal-Much already has
been said of the Fairview camp. in. the
news columns of this paper. Concisely
it might be said the present camp Of
Fairview numbers 500 people, and is
rapidly approaching the estate of a mod
ern western mining amp. Frame build
ings are fast replacing the tented city,
and the mining operations have been Of
such a character as to Immediately es-
tablish it as a permanent camp. The
formation is true assure. and the ores
pah district, and particularly the prod
uct of the Tonopah Extension mine, that
they cannot be distinguished ever by
those familiar with both the Fairview
district and the pioneer camp. The pre-
dominating values are silver, averaging
about one-ffth gold and four-ffths sill
yer. Assays running well into he
thousands, which means a good deal on
a silver property. have been secured.
A. J. s., Huron, notwithstanding
the change of name of the January
Jones companies, the manage gives
the following explanations: The Janu-
airy Jones Exploration company was a
corporation organized for the purpose
of and doing a general brokerage bust
ness up to the first of March of the
present year. Mr.. Jones saw fit to
change the name of the first ompany
and since the first of March, we have
been doing business under the corporate
name of the January Jones company.
The January Jones Exploration COM
pany is nc longer in existence. For
very good reasons Mr.. Jones sold all Of
the interests of the January Jones Leas-
ing and Developing company to the jan
uary Jones Leasing and Mining COM
pany and all of the leases formerly
owned by the January Jones Leasing
and Developing company are now owned
by the January Jones Leasing n Min
ing company and all of the stockholders
in the leasing and developing company
will receive stock in the January Jones
Leasing and Mining company in ex-
change for their old stock.
G. r. ST. Philadelphia--The Red Top
Extension owns a fraction north of the
Jumbo and Jumbo Extension. and cor
nering on the Red Ton. Work for some