The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-08-10

d ence. often to elicit desired in y
- formation. and a. the demands =
4 upon hie department are very =
4 srciss patience, and allow for two >
- o. three weeks time for answera =
= No answers BY mail :
. 4. 4, Fort worm, xsx. The KAN
sas City Goldneld company has recently
undertaken a campaign for raising a
treasury. and a fiscal agent was
appointed in Kansas City. The capital
ization was raised from 1000, 900 shares
to 10000 o shares. and the treasury
stock was fixed at 5 cents. This Increase
Of stock vas made on the theory. II IL
claimed, that 1t was easier to sell many
shares at a low price rather than a few
shares at a high price. OF the increased
stock old shareholders are to receive
three shares for one. We understand
that the money raising campaign has
been very successful. and that within
the two or three weeks period. $25, 900
in cash has been realized from sale Of
stock. and that there still remains at
least a half million shares in the treas
ury. We can't account for discrepancy
In h statement of acreage owned. May
been q typographical error. The
right amount IL $40 acres. The COM
has done the mou Of work
claimed in its advertisement. Its leased
ground Is we'll located. Ground owned.
of prospective value only. No develop
ments in that particular neighborhood.
so far.
J. Z. G., Atlantic 1ighlands.-The
Dt~fa v-tDa ho. uhoFt Io-.u occ <nox
and has lone about 5000 feet Of cross
cutting. The mine has been closed
down for some time but arrangements
have been completed for resuming oper-
ations on an extensive scale. The prop
erty Is well located. The Skylark mine
was closed down some time ago on ac-
of the deman of the miners union
that the Waterman be discharged but
work will be resumed In about ten days.
The shaft is down l35 feet at which
point q heavy flow of water was en-
.countered. Samples of ore taken from
the shaft ran as high as $35 a ton. Work
has been resumed on the Great Bend
Fraction and a hoist is being installed,
to sinking the shaft to
greater depth. Will try to answer re-
garding other properties In which you
are interested nex week.
y. =. -, Monrovia, l1d.-The Gold
field Roanoke Company is sinking a dou-
BILE compartment shaft and has reached
a depth of owe $50 feet, with every APP
parent intention of making a mine If
is to be found on their claims.
Considerable work has been done in the
of this property but in
N aorraxhot at.urr focI;ar a.. -
Is not possible as yet to determine the
value of that immediate district. Some
one must pioneer the way n 1t seems
the Roanoke has assumed the bur-
den. That section has nan firm advo-
Gates who believe that it will become
one of the largest producers Of the en-
tire Goldfield region. The stock Of the
Roanoke company was put out by Irving
K. Harrington & Co., New York, as a
prospect, and 100, 900 shares were sold
at 9 cents. we understand. 1t is listed
on the New Fork curl and is selling be-
tween IL and Is cents.
1Grs. :. =. O., gSAakopss, Ninn.-The
Amalgamated Mines company
owns 226 acres Of well located land in
h Fairview district. The ground has
been examined by competent engineers
and pronounced exceptionally promis-
ing. Considerable surface prospecting
has been don and development work
will be started in a few weeks. The
Goldfeld Velvet Consolidated Mines
company SOM time ago ~endeavored to
bring about a consolidation Of a number
Of sub-leases on the Velvet property but
the scheme never materialized. If the
company owns any property, we have
been unable to get any information con-
it.
4. @. T., Slater, No.-The Gold But
Mining company owns about $50
acres Of patented ground, about a mile
of Goldield. The company
spent about $4,000 in developing the
ground and some work has been done
leasers. One leaser mas started sink
ing a shaft but the company is not doing
any work on the property at present.
H. N. Wood is president and Frank ].
Campbell is of the company
and both are men of standing in the
world. You might write to
the secretary. George A. Stahl, sos
Symes building. Denver for information
as to the future plans of the company.
d 0y XIV 00AOOs DCSCit
Chief has been working steadily and
has a shaft down about 1876 feet. The
mine was closed down a few days ago
but will resume In about a week, when
Manager Bates returns from Los An
geles. The Grandma. comprising a little
less than twenty acres. has been leased
for three years to a syndicate of Eng
lish and Canadian capitalists who will
begin extensive work at once. News
item in another column.
q. \. w., Augusta, Tla.-Have the
taken up by the postoffice de-
at Washington. An Inspector
into Goldfeld frequently to look
into complaints regarding fake concerns.
There ought to be some way of putting
such people out of business. We have
attempted to get together the evil
dence, tina would convict, but as you
nave their literature, think on that evil
dence an inspector might easily make a
case.
J. r. H., Flat River, Ho.-"Sharehold-
ers of record" means those in whose
names the shares are recorded on the
books of the company issuing them.
When you buy shares. send them to the
of the company, with the re-
quest that they be transferred on the
books in your name. You will then be-
a shareholder of record" and be
to draw any dividends that the
shares may earn.
=. =, Kansas City.-The perseverance,
Mining n Leasing company has
secured a renewal of its lease
on the Velvet until January I, 1909. The
claims to AVE arranged
for all the none necessary to develop
The nronertY. III company has REIN