The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-08-17

1880 II ftff ! 4
trading in curb stocks here and such
prices as might be given might be far
from the actual market. The prices on
curb stocks differ very much in different
and on the same day. For in
stance Little Florence sold as high as
$3.50 at one time in Chicago, while SELL
Ing at S1.00 to s1.25 in Goldfeld. Chi
caso has been the principal market for
Little Florence, as 1t is the home ONCE.
and 1t was easy to job the stock there.
Likewise other curb stocks traded in at
a distance from Goldfeld. Stocks that
are unlisted. as a general rule. are kept
on the board. just so they can be played.
A listed stock has a market price fixed
by supply and demand. The public sets
the price. In unlisted stocks supply and
demand has little to do with it. The
price depends upon the ability Of the
seller to job the public. OF course. this
does not always apply. There are many
leasing stocks hat are not listed be-
cause II Is against the rule Of the ex-
change to list a stock hat represents a
lease only. Actual ownership of ground
in addition to any other assets, Is re-
Quired. We notice some stocks on the
Chicago, New York and Philadelphia
~ tha u quottQ Ct tWitC lie u8uTc
they would bring in Goldfeld. and still
when you try to sell In any of the above
markets there Is nothing doing" The
prices are made to sell on and moi to
buy on.
=. Q. A., Aurora. j. H. Pope. Colorado
Springs. Colo, calls our attention to our
answer to you query of July 81, in
which we say that the Gold Banner
nAlA AFs-t-- Ao~. .--~-.
on Chute's map under that name, and
we refer to a 'Goldfeld Banner, in the
eastern part of the district Mr.. Pope
describes the property of the Goldfeld
Banner Gold Mining company as being
on Chute's map. in Sec. 80, T. 2 g., r.
43 E., about " mile west of the Roches-
ter" This description would fit either
the "Goldfeld Banner Mining company
or the Banner Mining company, both of
which appear upon Chute's latest map,
but not the "Gold1eld Banner Gold
Mining company" 1t might be an error
in lettering and indexing the map, and
again 1t might not be.
q. q, LAX Forest, Ill The Goldheld
Combination Fraction is a very valuable
property located just east of the city of
Goldfeld. No financial statement has
Dccu PuDiiSucu Dy tnc COnIpduy dIQ iO
dividend has been declared. 1t has been
a heavy producer for lessees and is now
being developed on ompany account.
Reports of dividends ave been current
for some time but there is no probable
ity that dividends will be Forthcoming
in the immediate future.
4. Il. L., Portland, Ore. The Butte
Boys Mining company owns a group of
- --- -
The shaft is down about 200 feet and
the plant includes a 25-horse power
hoist. 1t is reported that within the
last few days a vein was cut that re-
turns very fiattering assays but the
vein has not yet been sufficiently de-
veloped to determine its extent.
A. @. r. Wheeling, ". Va. Be more
definite in the names of the companies
on which you want information. Also
state districts in which they are operat-
ing. There are scores of companies
throughout Nevada with names very
similar. consequently in tracing the
facts you want, we must have the exact
name of a company and everything you
can furnish as a clue.
-. 4. =. W. There are a few Dress
makers in Goldfeld doing independent
business. Two or three dry goods
houses have a dressmaking department.
Gould not advise as to your coming here
to open up your own establishment. Sue
cess in any line depends upon the in
dividual. This is a place of from $4,000
to 10000 people. Wages and prices are
high; likewise living.
r. g, san Diego, Cal. The Jumbo
Leasing and Development company is
working a lease on the Cornishman
claim of the Florence. The shaft Is
down 500 feet and o 1000 feet Of
lateral work has been lone. Four
lodges, carrying fair values have been
cut but the lessees ave not yet en-
countered ore in shipping quantities.
=. O., water It'll, Long Island. The
Goldheld Ledge Mining company owns
the Cleopatra group of seven claims in
the eastern part of the district and the
Montezuma group of five claims. six
miles southeast of Gold1eld. About
$4,000 has been spent In prospecting and
development work and the ground IL
now in process of patent.
". ., vsnsdy. III. The Goldheld Hub
Mining company owns about 81 acres of
ground in the southern part Of the dis
trict and 3.S acres, known as the Bee
Fraction east of Goldfeld, in the heart
of the district. The Bee Fraction is be-
ing developed by the Combined Mining
and Leasing company. which has a
shaft down 200 feet.
=. T., Michigan City. n d The Gold
field Fortune company owns two claims
and a fraction several miles east of the
city. near the Rochester. A shaft has
been sunk SO feet and about 100 feet of
prosecuting has been done No work
is being lone on the property at the
present time.
I. c., san francisco. The typewriting
field Is we'll covered In Goldield. Sew
eral public stenographers. Supply of
typists greater han demand just now.
When promotion season opens UP, there
will be plenty of work.
9. a. p, OAKLAND. Cal. The Lou Dill
Ion, promoted by the Sullivan Trust
company last year. owns q valuable
property in the heart OF the district
which is being developed by leases. See
news item.
Z. =. O., birmingham, Ala. The Gold
field Columbia Mining company's prop
erty at Columbia is being developed by
three ~leasers. who ave don a large
amour of work. News item on another
page.
=. p. A., rutherford, Cal. The Gold
field Great Bend mine is one Of the most
promising properties in the Diamond
field section of the Goldfield district.
See news item for development work.
Q. I. - New York. The Mohawk
Gold Bar is operating a lease on the
Gold Bar property and has o consid-
arablo dayo1apmanf worr hut has NOT vet