The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-30

=. D.. J., Detroit. The Ajax Bullfrog
Mining was Incorporated under
the laws of Arizona. capitalized fr
81. 500, 900 and divided into 100000
shares of stock at the par value of 81
each. 1.2O0, 900 shares of which were
placed In the treasury. The company
owns about Zoe acres. outright free
from debts, two claims of which are
known as the Horse and Stud Horse ana
are described In the deed as located
about a mile and a half north OF Rhyc-
lite on Montgomery mountain. Ine
Bullfrog properties are shown on the
latest map of Bullfrog by George +.
Scherer and w. ID. Milliken. united
states mineral surveyors OF Rhyoiite'
New. The balance or remaining 1our
claims of the company are known as the
wathena. Climax, Guy H., and Lida 3.
and are located in the Cres~cent-Search-
rght district Lincoln county, Nevifs
Our operatiuns have been confined prin-
cipally TO the latter group of claims on
account of the wonderful strong show
ing they have. The officers and directors
are Frank p. Spratlen, president; Harry
NJ. Beatty, treasurer; F. w. Brackett,
secretary; Frank Straub and w. A.
Miller. directors. Transfer office. Bank
block, Denver. Colo.
W.. II. a., C~sntrsvils. Nd. The ground
belonging to both the Goldheld En-
neror and the Goldfeld Reliance. is fair
ly we'll located. and as the district Is
better opened up, the ground will doubt
less increase in value. the company
has done considerable work and only re-
Gently patents were issued. 1t had been
the policy of the companies to expend
their money on work for patent rather
than upon development. until In ruii
possession and title from the govern
ment. The leasing company OF when
YOU ask has gone out of business. Its
lease having expired.
J. 4. HANCOCK, Mich. The Atlanta Is
among the unsolved problems OF the
camp. The company has large acreage
and we'll located with reference to pro-
ducing properties. The Atlanta lies i'm
mediately south of the Goldfeld Con-
~solidated, the st. Ives and the Veivet'
the Florence on the west and the {. y.
ID. and Gold Bar on the south; 1t Is
therefore surrounded by gold bearing
ground. has always been regarded as
one of the future of the dis
trict II has been industriously worked
NV l~easers. but hone of them have
reached the depth thought necessary TO
get the ore. The management is good.
ustsris 1Esdica, Pa Probably the
reason the Goldheld Treasure is quoted
so low is that the company has never
been very energetic in pushing its
stock and in any event the price would
be low at the present time as all mining
and Industrial stocks are depressed.
The other stocks you mention
are good and should not be sacri-
hced at present prices. which in no wise
reflect their intrinsic value.
J. T. O., honolulu. Hawaii. The Band
| Goldfeld Mining company has a fair
acreage near the base of Columbia
mountain, just south of the Mayne Gold
field. Not enough work done on the
property to disclose It's value. All this
ground around the south end of Column
bia mountain Is regarded as promising
Hayes and Monnette. upon the expira-
ton of the famous lease upon the Mo-
hawk, bought the Goldfeld Columbia
Immediately west of the Band ground.
The former stock. during the fall OF
last year, when everything was up. sold
for a dollar and upwards, and Mayne
Goldfeld got up around 80 cents or bet
ter. Hard to tell what the BanL stock
is worth intrinsically. as 1t is purely a
prospective proposition. and 1t Is not
listed and dealt in on the board. All
the stocks in that vicinity are down. In
sympathy with the entire list.