The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-03-16
>. 4. L., Providence, n. I.-The sand

pany has capltallzatlOn OF l,ZVO,VVu
shares, of which $4,000 shares were
placed in the treasury. Its property
consists of two claims. aggregating 40
acres, south OF the Goldheld district,
and the Sedewa fraction of a slightly
less than six acres in one of the very
best locations in the entire Goldneld
district. This fraction is surrounded by
some of the most famous properties In
the district, including the Sandstone
and Desert Rose and the Argosy of the
Goldfeld Kendall Mining company. As
is natural in the case of so valuable a
piece of ground a controversy over title
arose, but 1t is stated that the Sand
storm kendal Extension Mining com
pany has secured a deed from the par
ties who set up the contesting claim.
The lawyer for the company declares
that the title is now clear and the man.
agement has arranged to start proceed
ings for patent which will be pushed as
rapidly as possible. Contract has re-
Gently been let for so feet of work in
sinking the shaft, and another contract
for so feet additional will be let as soon
as the first is completed, according to
the present plans of the management.
Z. g., Green Bay, Mich.-The Gold
field Hercules Mining and Milling com
pany was incorporated last year under
the laws of South Dakota, with a capt.
talization of 1000, 900 shares of a par
value of 81, of which 100000 shares
were placed in the treasury. The prime
mover in the company is Charles f. Cal
vert of Goldfeld. The property of the
company consists of approximately 126
acres six or seven miles east of the
town of Goldfeld. This is considerably
beyond the developed portion of the
Goldfeld district. but it is stated hat
there is not only a excellent surface
showing. but very good assays have
been obtained. Strong dykes are said
to cross the property, n assays as
high as s147 are reported. The COM
pany appears to be in good condition
and its operations are being watched
with great interest.
J.. A. B., Boston.-The G~reenwater
Saratoga Copper company was incor-
porated last September under the laws
of Arizona. with a capitalization of
1000, 600 shares of a par value of 81
each. of which 500, 900 shares were
placed in the treasury and the balance
pooled for one year. The property con-
sists of six claims in the Greenwater
district, California. The company is
we'll nanced and active work is in pro-
gress with an excellent showing. The
management is in strong hands. Some
of the highest grade ore in the Green
water district has been found OIL this
property. 1t adjoins the property of
the Greenwate Red Boy Copper COM
pany.
H. X. g., Montclair, n. J.-Pittsburg-
Silver Peak is owner of the Blair prop
erty at Silver Peak, reputed to be the
third or fourth richest gold mine in the
world. 1t is erecting a large mill. Dia
mondfeld Black Butte Consolidated is
one of the best thought of mines in the
Diamondfeld section of the Goldield
district. Local investors are heavily in
terested. The Round Mountain Mining
company is strongly financed and pos
sesses splendid ground. which is already
a producer. The stock is closely held.
Daisy Wonder is a recent promotion In
Wonder district. The surface showing
is said to be excellent. Greenwater
Death Valley has a good copper show
ing. The property is being developed.
G. g., Lander, wyo.-The Tonopah
Home Mining ompany has a capitaliza-
ton of 1000, 900 shares of a par value
of 81 each. It's property consists of ap-
proximately Al acres, excellently located
in the Tonopah district adjoining the
Montana Tonopah, Midway and Golden
Anchor. 1t has a steam hosting plant,
capable of sinking to a depth of 1.200
faat an1 hos a nitnn nf 40 000 gallons
capacity. According to our last report,
prosecuting was in progress in two di-
rections at the 500-foot level in a
formation of heavy sulphide. The man
agement was much pleased with the
showing.
W.. g., Chicago, Ills.-Red Top Exten-
sion is still a prospect but it is possible
that it will be in the shipping class be-
fore this answer to your query is read.
Active development is in progress. TIL
property is located on the trend of
known lodges. Fifty cents is a big
price to pay for leasing stock, unless
the capitalization is low, the term of
the lease long and the indications for
obtaining shipping ore first class.
W. 8. NJ, Los Angeies.-The Hand
book published by The News and sold
for so cents is the only directory OF
Nevada Mining companies. 1t is possible
that you could obtain information from
secretaries OF state in the other COM
monwealths mentioned.
W. W. r., Montgomery, Pa.-Careful
perusal of The News will enable you to
Judge of the work of the firm named. 1t
has paid the greatest amount of divi-
dends for amount of cash invested of
any concern in the camp.
z. A. W, Portland, Ore.-Address sec
r~etaries of Goldfeld Stock and Exchange
The requirements for entering stocks
may have changed since the article you
refer to was published.
Many Inquiries-The space allotted to
the query department is not sufficient
to keep pace with the arrival of letters
asking Information. An effort is made
to answer the queries in turn.
b. g.. W., Reno.-All leases on Flor
ence ground extended. A strike of con-
siderable interest has been made on the
January Jones lease on the Cornishman.
1t shows free gold plentifully.
r. g., San Francisco-Columbia
Mountain is excellently located. Since
the decline in B%ullfrogs they have been
holding steady with good indications for
better prices.
A. z, McKeesport, Pa.-Address Sec
rotary Electrical Workers union. AS a
machinist your chances would be fair,
but don't give up good position to come.
H. g., shefield, A1a.-The Century
Mining company is operating a lease on
the Atlanta This paper has no data on