The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-07-11

n. -. LIZ, 0t du. -NtNata a.
Mining 4 Leasing company has about
90 acres of ground in the district out
side of the producing area, and upon
which very little money has been spent.
They had a lease upon Combination No.
3 but permitted it to lapse after doing
considerable work. They have a lease
on the Rabbit s Foot of the Great Bend
Extension, but nave done no work on it
for some time. They W three claims
in the Pearl, Idaho, district, which we
are told are under bond for $4,000.
Those having the bond on the property
were exploring it until recently when
they ceased work, but we are given to
understand that they will resume again
before long. The Nevada Pearl Mining
4 Leasing company also owns 100000
shares of stock in the Consolidated
Mining and Leasing company, which is
operating on the Kendall property. This
lease is producing very good ore that is
being milled at the Bonnie Clare mill,
a short distance north of Bullfrog. The
Nevada Pearl Mining & Leasing com
pany has no money in the treasury, but
some 100000 shares of stock.
s. N, Birmingham, Ala. The annual
meeting of the Nighthawk company
will be held oil the 18th of this month,
at which time, We understand, it is ar
ranged to elect w. s. Ashworth, of
Nashville, president. The rest of the
board will remain substantially as it
was, with f. r. Dorch, vice president,
and DIR. T. f. Enloe, secretary and
general manager. Thomas Withers of
Goldfeld will probably remain on the
directory, and possibly Edgar Jones, of
Nashville, although the latter has not
been decided upon fully. The property
IS not being worked on company ae-
count. At one time there were six
leases, but only two are alive and one
working, although the other will prob
ably start up in a short time. The best
claims owned by the company, lie north
of the Booth and east of Columbia
mountain.
A. L. s., Sherwood, Oregon. Nothing
has been done on the Manhattan Stand
ard for about a year, except the neces-
sary assessment work. Over $4,000
was spent on the property, without de-
veloping more han mill ore. The prop
erty is in the heart of the Manhattan
district, and as mills are now building
in the camp, the Manhattan Standard
will doubtless come into active opera
tion. (2) The Clark Development COM
pany operates in Arizona, outside of
"our sphere of influence and we
known nothing of their activities. (3)
1t certainly looks as if you were right
in your surmise.
@. J. B., Reamstown, Pa. Originally
in the treasury, 100000 shares. No
money on hand at present to speak of,
about $4,000 shares at last ccount.
One lease working, company not operat-
ing on its own account. Bounded on
north by Potter and Goldfeld Joshua;
south, Lone Star; east, Empire and
Lucky Strike; on the west by the Rams
Horn. Fairly good prospective prop
erty, but no ore yet found in the imme-
date vicinity. More work needed in
that section to determine it's value.
J.. B., Milwaukee. There is nothing
being lone ON the Grandma at present.
About the time the panic came on, a big
leasing company was being organized
to work the property, but because of
financial conditions, had to suspend.
There is an energetic management be-
hind the company and as soon as condi
tions right themselves, the property will
he put to work. Developments in that
section by the Red Top Consolidated
and Mushett leases, are greatly to the
advantage of the Grandma. ca No
work being done on the Desert Chief.
r. A. B., Jefferson, o. Cannot advise
about the purchase of the stock of
which you inquire until we know the
price, etc. The treasury stock was only
100000 at last report, which was sew
eral months ago. AS it is a New York
concern, we know nothing of the per-
sonnet of the company.
WILL DEVELOP ExTENSIVELY