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

have been in demand for the last few
days. and more trading in them than
for a long time. 1t would seem that the
insiders are buying at the present price.
/ expect TO see National Bank make a
good shipment when the Bullfrog train
GOLDEN scEPTRE. The new air
compressor for this property has been
shipped form Salt Lake City and will
this is in working order, the Golden
Sceptre will be the best equipped mine
in the Bullfrog Camp. and the manage
ment is rushing development both in
the tunnel and on the main shaft. The
latter is now down 800 feet. and cross
cutting will be commenced at once. This
cross-cut cuts the entire formation OF
imately 500 feet. and I expect it to dis
close values greater than has yet been
found on this famous mountain The
tunnel is in approximately 500 feet, and
another 100 feet will cut the celebrated
Hobo Ledge. from which the Tramps
Cons. made its shipments of rich ore,
The company is also making an addi-
ton TO their TOWNSHIP properties. and
the estimated value Of the same Is over
500, 900. 90.
to the west of the town OF Rhyolite, and
is now considered the most desirable
residence portion Of the city.
The shares at the present market
price are the best investment in the
BuLLrRoa NUGGET. This ompany
owns some of the best located ground in
the Bullfrog camp. Its shares have sold
as high as 20 cents, but of late they
have been sold down to s cents. 1 be-
lieve Nugget is worth more money.
MONTGOMERY sHosHoNE IT
SION. The new % horsepower gasoline
moist for this property. with all the
equipment, has been shipped from Los
Angeles. and preparations are peing
down 200 feet, and as soon as the
machinery is in place work will be push
ed to the 800 foot level, from which
point drifting will be started on the
big quartz vein that crops from the
Montgomery Shoshone Cons, through
the entire length of the Emerald and
assay from this property give values of
from $100 to 5000 and there is abso-
lutely no question but what this mine
will soon be one OF the big Shippers OF
The railroad crosses within a short
distance of the shaft, and 1t will be no
trouble to load direct, by gravity. from
the ore bins to the cars. The shares
are selling around 10 cents and / advise
their Immediate purchase at market.
GREENwATER DISTRICT
Reports from this district are to the
effect that IL is the largest high grade
copper district that has ever been OPEN
ed up. The strongest and largest opera
tors in the country are rushing in. More
development work will be done in this
camp in the next six months than is
usually performed in a mining camp in
GREENwArER RED BOY. In my
market letter of September 22, ! called
your attention to this company and the
original offering of the treasury stock
at 35c per share. advising you to tele-
graph your reservations. This offer was
largely over-subscribed, stock listed on
the exchange, and is now selling around
roc. The showing on the property. and
it's location, makes me consider this the
most attractive investment proposition
in the Greenwater camp.
GREENWATER SARATOGA. This
company owns five full claims bounded
on the west by the Greenwater Red Boy,
on the south by the Nixon-Wingfield
property, on the east by the Bonanza
group and on the north by the Gates
property. The company is capitalized
for 1000. 900 shares, par value 81 each,
fully paid and worcestershire. The Of
fcers, directors and management is the
same as that of the Greenwater Red Boy
with the exception that M. ]. Monnette,
of the firm of Hayes & Monnette. ~lessees
on the Mohawk, is a director in the place
of A. d. Myers. This property was one
of the earliest discoveries in the camp,
and the surface showing is equal to that
of any in the district. This is the prop
erty that L mentioned in my market
letter of last week, that was being ne
gotiated for on account of the over-sub-
scription of the Red Boy. The original
offering of treasury was practically
made by wire to those who failed to get
in on Red Boy, and it is now over-sub-
scribed. 1t has been listed on the Gold
A0Aa ahA - pt0- " 10y
its purchase at present market prices.
GREENwArER RUBY. This is a new
company that is just being formed to
take over approximately 81 claims of
the best located ground in the Green
water camp. Mr.: Z. s. Chafey. the
original locator of the Transvaal, has
for the past thrifty days. 1t is impos-
sible to give the directorate at this time,
but it will probably be c. o. White
T %o5ei al SAT- ). {. L Meco Glay; (. Of Of 9 GoHis, a.
c. B. Wingate. of Tonopah and Mr..
Chafey. / have secured a block of 25,-
900 shares of the treasury stock. which
1 can furnish to my clients at s1.OO per
share. l advise you to wire me our
reservations at once as this allotment
will BE largely oyer.s1bscribedt -
attracted attention to this camp since
the discovery of the celebrated nugget
in the badger hole, more than the arr
rival in this city of Mr.. Jas. r. Davis,
of the Round Mountain Mining Co., in
an auto, with fifty pounds of gold dust.
taken from their property by the new
process of dry wash or "placering." A
number of these machines have been or
dered for other properties, and / expect
to see the production of this district
such that it will attract the attention of
the mining world. Recently there has
been several good strikes made to the
south of the mountain. AS yet this dis
trict is only scratched, and intelligent
prospecting is pe.ng to prove 1t much
larger than was first supposed.
BOUND MOUNTAIN IMPERIAL. The
shaft is down on this property 81 feet,
and the crosscut has been started to
cut the vein from which the Mullholland
lease on the Daisy Fraction, and the
Fairview people are taking their rich
ore. The treasury shares are selling at
SOC, at which price / advise their i'm
mediate purchase.
coALDALE DISTRICT
The recent ~uneoVering of the vein on
the Bonanza property that gives surface
values of $50. 80, has attracted attention
to this district. The owners of the
property are preparing for active devel-
opment.
The Nevada Big Ledge people are also
arranging to put men at work at once
on their properties. They have been de-
layed on account of the absence of their
within two weeks. I advise immediate
purchase of Nevada Big Ledge shares
at zoe.
Trading i'm the Manhattans is increas-
ing. In my market letter of Sept 22d.
/ recommended the purchase of April
Fool Extension. 1t was then selling at
lie; it is now selling at SC to 3hc. This
should be profit enough to suit anybody.
Development in the camp is proving it
up, and | expect to see a revival of
general interest in Manhattan shares
within the next thirty days. Get in be-
fore the prices ADVANCE.
Manhattan Key is now selling at 22c.
1t will be soc bid before the first day
of November. Why not get some OF
these profits?
DORSEY