The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-06-02

IAA1L0 10 oAg
here or for men to fill positions other
iaborers. We cannot take the re-
sponsibility of advising you in this
Business is good in Goldfeld,
with work always to be had in the mines
for the right kin of men. Hundreds of
men are being employed on the railroad
grading within the Goldield district.
improvements on different mines are
in progress and men in good
health and willing to work ought to be
able to find employment here easily.
You can best determine. however, by
coming here yourself. h legal pro-
fession is pretty we'll represented. Sup
pose there are forty to fifty lawyers
here.
J. D., Chicago.-The Bullfrog Key
stone company is capitalized at 1.0O0,-
600 shares, par value 81, with 800, 900
shares of treasury stock. They own one
full claim and a fraction, a total of "a
acres located just south of and adjoin-
ing the Denver Bullfrog. Development
work consists of a shaft 175 feet deep
and a tunnel $50 feet in the mountain.
Salt Lake people control the Keystone,
Ernest Bamberger of that city being
president. Medium values have been
found during development. The stock
is now selling at 27h to so cents per
share. There is another keystone COM
pany, with property located in Funeral
range which we understand is doing
business under the name of Bullfrog
keystone. Don't know who are back of
it at this time.
G.. G. D., worcester, Mass.-There is
a group of the Ohio Girl claims located
IL miles southeast of Goldfeld, and this
might be the group about which you are
asking instead of the Bullfrog group,
of which we gave information a week or
two ago. The Ohio group consists of
four claims and belongs to the Goldfield
American Mining company, of which the
Spears American Mining Syndicate of
New York is fiscal agent. No work has
ever been lone on this group of claims,
but we understand the company is figur-
ing on $50 feet of work to be done this
summer. Assays have been had on the
groupings of from $500 to $3.50. AS
this is a good showing, development
work may prove the claims to be a good
property.
J. p. O., New York.-The Ida Gold
field Mining company is capitalized at
$4,000 0 % shares, one dollar par value.
Principal office. Milton, Pa. Owns
seven claims fourteen miles west from
Goldfeld in the Montezuma mountains.
This company was reorganized last Sep
TENDER, eastern people buying out con-
troll of the stock. The new
purchased several claims in M~onteZuma,
for which they paid $4,000. Full pay
ment of this has been made, excepting
$3.50, which is due July Is. The COM
pany is working seven men on the Belle
Isle claim and has a shaft down about
So feet. Within the past few days, the
workings nave cut through the hanging
wall and our another vein of
galena IL feet wide and only one
wall reached. The galena assays, we
are told, $3.50 per ton. The properties
are being worked in a systematic man
ner and if there is a mine on the prop
erty it will be found. The company has
LILO, 500 shares in the treasury, about
50, 600 cash on hand, wages and ac-
counts all paid to May 10, 1906. Treas
ury stock is being sold at 20 cents per
share.
W.. n. J., Cairo, In.-The Sandstone
Kendall Extension Mining company has
a capitalization of 1905 900 shares. the
treasury allotment being $4,000 shares.
The property consists of two claims
known as the National Bank Nos. / and
2. to the south of the Goldfe1d district,
which contain about 40 acres, and also
the Sedewa of five and three-fifths acres
surrounded by rich producing properties
in a location not to be excelled any
where in the Goldfeld district. This
claim is bounded on the north by the
Argosy Of the Goldfeld Kendall Mining
company, and Myrtle; on the east by the
Sandstorm; on the west and south by
the Yankee Doodle and Desert Rose
claims of the May Queen Mining COM
pany. These surrounding properties in
clude some of the most famous prop
critics in the Goldfeld district. A three
foot ledge on the Sedew claim gives an
average assay of Sc per ton and a two
inch streak averages 5000 per ton. The
claim which this company calls the
Sedewa, appears on Chute's map as the
Mandalov. and is probably one of the
several fractions and claims jumped in
that section the first of the year. If so.
the real title to the ground will doubt
less AVE to be fought out.
e. 8. d, Portland, Maine.-The Red
Wing Gold Mining company is incorpor-
ated for 10000 shares, par value 81.
Stock in treasury, 100000 shares. The
promotion stock was divided into MEM
bership of $40 each, by which means
enough money was secured to pay for
the property. The company WINS four
claims south and east of Goldfield about
three miles. The work already done
consists of only open trench work here
n there. Good grade float has been
found on the property, but rs yet no
ledge or vein have been discovered. The
property has been handled so far purely
as a speculative proposition. The COM
pany has some money in the treasury
and the officers say that they will I'M
derwrite sufficient of the stock them
selves to assure money enough to do
development work and determine the
value of the property. 1t is understood
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