The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-10-17
r r carmarthershire. Eng. /

spider anu wasp
working at present, the management
w~;,t;ng until times revive and a larger
working fund can be secured. There Is
now in the treasury 100000 shares OF
stock and $1,000; but this amount Is
nor sufficient to do the development
work contemplated and work Will not
be started up until there is sufhcient
funds. The property is patented ana
there is a complete equipment OF ma
chinery and all necessary top improve
ments. such as buildings, etc., on the
ground. Over 100000 has been spent
on the property, and developments nave
shawn the ground to be as valuable as
originally claimed. Work ceased al
the inception of the panic. The stock
is closely held; all the original holders
orc HANGING onto their stock, although
when the fotation was first made they
could have disposed of their stock at
a per share. One carload of ore was
shipped, which netted sos per ton. All
the work done on the property was uh-
dor the management of A. T. johnson,
formerly of the Mizpah, recognized as
one of the best mining men of the state.
The president is w. J.. Douglass, Tono-
nah. z. b. Zabriskie, vice president,
John G. Mullin, secretary and treas
urer. +. W.. Kirk and G. X. Barnum
are the other directors. (2) The Victor
Wonder is not working. 1t was a fota-
ton of DR.. w. X. Robinson and George
vickers. Write the former at Los An
peles and the later at Goldfield.
j.. S. Y, Manchester, N. H. The c. o.
ID. NJ. & l.. company has not been oper-
ating it's lease for many months. A
new company was organized lately by
the promoters of the c. .. ID. M. q H.,
and, as this latter company did not
"make good" they made the offer to
exchange the stock of the new company,
called the C. o. d. Fargo, on the basis
of one share of the latter for two shares
of the former. Many took advantage
y"
of this offer, as it is entirely indefinite
whether the c.. o. d. M. & l.. will ever
be revived. On the other hand, the z.
O. d. Fargo has an excellent lease on
the C. O. D.. being the former Fargo
lease. with a shaft down over 400 feet
as a starter. The lease is being cross
cut and a good ledge has been en-
countered which looks like making into
paw ore. Beside this lease, which is
well equipped with machinery, the COM
pany owns seven good claims In the
Hornsilver district, on which there IS
shipping ore, although the mine is not
yet opened up sufficiently to permit OF
a tonnage.
L. c.. H., Falfurrias, Tex. The Little
Florence is working a valuable lease on
a large portion of the ground of the
Combination Fraction Mining company.
The Fraction company is producing a
large tonnage of ore, of excellent grade,
and the Little Florence lease will
doubtless enter the same ore body. This
lease already has good ore and is pre-
pared to ship when conditions are right.
The old lease on the Florence expired
some time ago. See another column for
late news on the Little Florence. The
Little Florence stock is not listed. CD
The ST. Ives Leasing company owns a
good lease in Goldfeld, which has
shown up punches of good ore at times
and is expected to ''make good The
company also owns a valuable lease in
Rawhide, which recently made an i'm
portant strike. 1t is located in the
richest part of the district, surrounded
by producers. The stoc kis listed but
for some time has been inactive.
w. E. s., Seattle. The Goldfeld Ma
donna comprises. 20. acres in the, south
eastern part of the camp, surrounded
by the Goldfeld Monarch, the Frances
Mohawk, Frances group, Buena Vista
and S%unnyside company ground. A
great deal of prospecting was done on
this property, involving a large sum of
money. Milling ore was developed, but
high grade had not been found at the
time of suspension of work, which was
occasioned by the failure of the State
Bank and Trust company, the company
depository. The ground has not been
working for several months. (2) The
other property of which you ask looks
like a wildcat to us. 1t is far out of
the producing district, probably two
miles from the Daisy, from which it
seems to derive it's name.
G. H. S., Charleston, w. Va. Column
bus Lee jackson owns a large estate.
surveyed for patent. A portion of
Goldfeld is built upon the company's
ground, which corners at a point a
short distance north of Crook street.
one of the leading business and resi-
denee thoroughfares. No work is being
done at present. A shaft was sunk to
considerable depth without encounter
ing ore. Only a minute fraction separ-
ates the Columbus Lee Jackson from
the Hazel Queen, a valuable holding of
the Goldfeld Consolidated Mines com