The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-11-07
J. A. L., Brooklins, Massive are


aware that Howard & Co., of New York,
who put out the Banner Mining com
pany advertising in the east is protest
ing against our exposure OF their ms
representations regarding their prop
erty. We have received a mild protest
ourselves from that source, with the
promise that we would "hear from
then. later" but we have not heard
later from either that firm or from the
officers of the company. The fact is,
that no one can defend such a fraud on
the public. We cannot conceive that
the principal owners in the company
who are men of high standing In TINS
state. would permit such advertising,
had they previous knowledge OF 1T. The
amusing thing in the protest received
at this Office from Howard & Co. was
the statement that the Jumbo Fraction,
which they claimed to own, was not
"ten feet at the big end and nil at the
SMALL" but "ten feet from end 10
end.o Even if this were the fact and
the company had clear title to the
ground. neither of which is true, a ten
foot strip is hardly sufficient ground for
extensive mining operations, and GER
tainly not broad enough to furnish a
foundation for a million dollar com
pany. But what we most objected to In
the advertising, was the palpable eff
fort. through the printing Of a fake
map. to show the fraction In question
TO contain considerable ground, instead
of a silver. The promoters played on
the fact that people are more prone TO
believe what they see than what they
hear or read; so instead OF stating the
size Of the ground in so many words,
to which statement they could be held
by the courts, they falsifed a supposedly
authentic map which they print in their
Advertising. We call especial atten-
ton to the fact that this fake advertis-
ing was put out by a New York firm,
and not by one of the "'gang of Gold
field thieves we are wont to hear
about.
r. L. M, Nashville.-Cobalt is the
the greatest silver camp in the world.
The deposits are not large. The values
are found in narrow streaks which are
extremely rich, and the streaks are
frequent; in many cases they are al
most pure metallic silver. The camp
was discovered in 1904, when it pro-
duced $136,217. Since then the pro-
duction has been as follows: 1905, ST.
4s5, $50; 1906, $3,573,9Os, and 1907, So
476. 555. 1t is estimated that this dis
trict will produce over 10000 900 ounces
or approximately LA of the total sill
yer production of the world this year.
There are now twelve dividend paying
mines and twenty-six shippers in the
camp. Prior to June /, this year, the
principal company of the district, the
La Rose Consolidated, had produced
1875, 161 ounces of silver, mostly from
development work, giving its owners a
nte profit of 81, 204, 662. Since then, up
to October 1, the mine has produced
1904, ZAP ounces of silver, at a net
profit of $415,63O, or at the. rate of
more than 100000 per month. AS an
instance of the richness of the narrow
deposits, it may be cited that on the
La Rose, there are four inches of $500
ounce ore. Another vein of from one
to four inches, runs 1000 ounces, and
still another, 4,054 ounce to the ton.
Silver ore is easily treated, but it
takes as much mining to extract four
inches of silver ore in Cobalt as a full
breast of gold ore in Goldfeld.
E. v. L., Scranton, Pa.-The diminu-
ton of the output of the Goldfeld dis
trict is not due to exhaustion of the ore
bodies of the camp, but to the fact that
most of the producing leases have ex-
pired and no new ones are being let,
pending the time that the big CON-
panies will begin full operation. This
will be about the first of the year, when
the two big mills-the Florence and the
Consolidated will be able to handle the
output of their respective properties.
In other words, the camp is in a transi-
tional state, and before long the output
of bullion from this camp will be
double what it ever was before.
w. M. B., Boston.-We are very sorry
not to be able to give you information
about the Nevada Bay State Oil &
Mines company, or the Nevada Old
Colony Mining company. Neither com-
pany has filed incorporation papers with