The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-11-24

OWING 10 DELAYS In the mall and tele-
graph service. the market for the past
week has been nervous. and subject Ia
many fluctuations. The volume OF trad
INK has somewhat declined, but is sttii
heavy. In the excitement OF the past
month. many stocks were carried above
their real worth. and the reaction in all
such is healthy. showing that investors
IN NeNada securities are exercising more
b ordinary intelligence and precau-
ton There has been no decided SEN
satton, but the showings on a number OF
properties are such that at any ordlnar.
time IL would have been announced with
"A blaze of trumpets.
There seems to be a well founded ru-
NOR ON the streets that the Combination
Mines company N the Goldheld filming
Viii both be taken over by the new
deaf. n contaminated, gives the new
company the largest acreage and the
richest gold mining property in the
world. one that should nay generous div
idends from the start.
SILVER PICK on n reported strike
by one of the leSsees on this property,
the shares sold last Monday as high as
$2,5o, but at this price such a Hood Of
selling orders came out that they rapid
~ declined to around S2.O0, at which
price they seem firm. We believe the
on the property justifies their
purchase at present market price.
SANDSTONE. Reports from this
property are to the effect that IL Is
showing better thar ever. A large
amount of extremely high grade mil
ore Is being blocked out and some very
rich shipping ore is being saved. In
siders are buying these shares when
ever they are offered around soc.
GREAT BEND. These shares have de-
citned aud have been very active around
800. We consider them at this price,
one of the best investments in the en-
tire Goldheld District.
JUMBO AND RED TOP. But little
can be learned as to what is being done
with these properties, and nothing de-
finite will be given out until all of the
fully matured. The shares OF both
companies are selling between $500 and
$f.25, at which price we believe they are
a decided purchase.
MOHAWK. During the past week
these shares have been offered as low as
$3.50. The showing is growing better
on the property as development pro-
crosses. New ore bodies are being
opened up almost daily. by some one OF
the various lessees. We consider a
share of Mohawk equivalent to a twenty
dollar gold piece. and any time you are
offered one for less. you are securing a
bargain.
FRANCEs-MoHAwK. In a winze
from the 220-foot level, now down APP
p~roximately 100 feet. they have opened
up some of the richest ore that has vet
been uncovered on this bonanza prop
erty. The mine is keeping up it's usual
production and we look for a 25c divi-
dend next month. on account of the
general close down last September, the
time of the lease has been extended six
days. Therefore IL does not expire un-
til January 9Th. This extra six days
means at least $4,000 to the treasury
of the These shares should
be bought at anything under $1.0O.
c. o. d. II GOLD BAR. Both of
these properties are controlled by Pitts
burg people. and there is a rumor that
they are to be consolidated, but we are
unable to learn upon what basis. The
stock of both companies has been in de-
mand between $1.00 and $1.10. This
would indicate that the consolidation is
on the basis of share and share alike,
Both properties have good ore. and at
present market prices are attractive.
GoLDFIELD MINING. On the Febru-
covered the richest ore they have ever
had on this property. The shares sold
as high as 500. at which price many
took their profits, 1t is now selling at
$f.S5 and should be bought,
LONE STAR. Trading for the past
week in these shares has been very light.
and they "A now be purchased at 40c.
We believe If bought at his time. they
VIII show a handsome profit before the
aoLDFIELD Fed KING. The way
this property is responding to develop
ment makes us consider 1t, from a spec
ulative standpoint, the most attractive
buy in the entire Goldfield District.
Present market price is zoe to 22c.
PALACE Two sets of
lessees are developing this property.
and on the Harden lease they have a
very good body of ore that runs as high
as $4,000. Additional depth will be re-
CURED to. reach the rich sulphides from
which other properties on the sameAvein
system are making their heavy produc-
ton. We advise the immediate purchase
of these shares at market price.
GoLDFxELD COMBINATION. "a
new lease has been let ON the south half
of this property. a 30-h.p.s hoist has been
ordered, the leasing company has a
treasury of SIS, 000. and intend to thor
oughly develop their block of ground.
Some of the rich veins from which the
Gold Bar and c.. o. ID are now shipping
must pass through this estate. The
shares at 25c or under are a bargain.
NEVADA PEARL MINING g. LEAs-
ING. Application has been made TO list
this stock on the Goldleld Mining Stock
Exchange. The shaft on the Combination
lease is down 100 feet. fully timbered
and equipped with horse and within.
Work has Just been started on the lease
on the Palace ground adjoining the
Great Bend. We expect to see both of
these leases shipping ore before the
first of the year. The company has an
ample treasury and is negotiating for
other valuable leases. Treasury shares
we their purchase.
TRIANGLE. The trading in these
shares has been heavy, and with wide
fluctuations They sord OF the curb last
Saturday as high as roc. Monday they
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