Los Angeles herald., 1907-02-24


holders of this stock are very loath to
| let go of 1t, as they realize by holding
Mohawk Jr. they will more than double
their money in the next 40 days. Ken
meth Wade, one of Goldheld's best min
| ing engineers. is pushing work as rap
| Idly as conditions will permit and the
shaft he is sinking Is now in very prom
Using ore, and shipping values may be
encountered almost any time. The mo-
ment these values are struck the price
of Mohawk Jr. will jump anywhere
from 25c to s1.O0 a share.
Not content with digging for gold.
this company has installed an abrasive
drill capable of pulling a 5-inch core
to depth of 1000 feet.
RED KING has its shaft now ap-
proximately two hundred feet deep. AS
the Combination Fraction has made
another big strike on its property 10
Gated 1900 feet from the shaft of the
Red King, the people of Goldf1eld are
watching Red King very closely, as
they stand very good chance of strik-
| ing the same values as found on Com
bination Fraction, which would Of
course send Red King soaring.
SILENT FRIEND MINING COM
| PANY promises to be one of the best
paying investments outside of the Ne
vada camps. They are driving a tun-
| Hol WHICH Is HOW competed 90 IceL.
Samples of the ore expressed to us by
j. j. Donovan, the contractor, who has
charge of the work, asSayed $203.17 per
ton. A concentrated test showed that
1t would concentrate 81 to 1. This
stock is an excellent buy at &c, and in
side of a year ought to pay a dividend
of &c per share per annum.
! MANHATTAN-WIsC is still
receiving considerable attention, great
deal of stock being sold from &c to &c
per share by those who purchased two
weeks ago at &c. AS soon as the buy
ers of the 4c stock are through taking
their profits, Wisconsin ought to gain
a point or two.
MANHATTAN COCKTAIL COM
PANY sold 100000 shares of their
stock in the past week, which placed
plenty of money in the treasury to
commence immediate and rapid de-
Velopment of the property, and as $70,-
10000 was taken out of the adjoining
property in three hours there is no rea-
son why Manhattan-Cocktail should
not be paying dividends within IL
months, several times the amount the
stock is now selling for.
/ GOLD ELK COMPANY has called
directors meeting to be held March
18th at the offices of the Company to
some of their territory and listing the
stock on the San Francisco Exchange.
AS soon as this stock is listed we would
advise it's purchase at 10c.
COPPER CZAR MINING COMPANY
have done considerable development on
| their property, and we have received q
shipment of excellent copper ore run
ming in value from $4,000 to $4,000 per
ton. We have compared this ore with
ore from copper mines, stock of which
is selling for from 30c to SOC a share,
and 1t is our opinion that the ore from
the Copper Gear property is better.
There is no reason why Copper Czar
stock should long sell for so low price
as &c per share. Application has been
made to have its stock listed on the
San Francisco Exchange, where the
stock ought to sell to 25c within SIX
months. AS soon as the railway Is
completed to the property the active
and steady development of the prop
erty will be resumed.
IDA MAE ANNEX COMPANY have
resumed work on their shaft. AS stat
ed last week ore has been found run
ming as high as $21700 to the ton. This
ore will be sacked and as soon ss g.
carload has been mined it will be
shipped to the smelter at Needles. ida
Mae Annex ought to pay dividends to
its stockholders within the next u
months and its stock ought to sell to
par. 1t can now be bought at from,
sc to &c per share.
IN CONCLUSION the mining market
is gaining strength toward the clos OF
February, as we predicted some time
ago, and we expect to see the V,tiues
do some active climbing the first part
of March. If you are considering buy
ing any good mining stock, now is your
opportunity. Manhattan mining camp
Is due for a big boom, and we look for
a bull movement in Manhattan stocks
We consider Manhattan Wisconsin and
Manhattan-Cockta two of the best
buys on the Manhattan Board, as these
properties are we'll located and own
several true fissure veins, any one of
which may contain rich shipping ore at
not very great depth. Buying this stock
at sc or &c a share, 1t has only got to
go to 10c or 12c for you to double your
money while buying stock for 50c It
will have to go to $1.o0 before you
double your money. So, considering
both the chances for developing rich
| shipping ore In the mine, and also the
chance for this stock to rise in value
through stock manipulation, we con-
slider both Manhattans Wisconsin and
Manhattan-Cocktail very safe invest
ments
Yours truly.
f. A. MDONALD COMPANY.
NOTE--Hereafter. instead of mailing
our market letter to our clients by let
ter we will publish our market letter
on Saturdays in the Los Angeles E&
press, and on Sundays In the Los An
geles Examiner and Los Angeles Her
aid. Our market letter will always be
found on the financial page OF these
papers mentioned. We do this because
our list of clients has grown to such an
extent that our office force is unable
to take care OF the tremendous amount
OF mail matter necessary to reach our
clients by personal letters
We hope this viii meet with the ap-