The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-08-15

Ledge is primarily a leasing company,
although having some ground of its
own. The name of the company is the
Mohawk Ledge Leasing company,
]. 1000 900 shares, with 100000 shares al
lotted to the treasury. How much of the
latter is left, cannot state exactly. Two
leases. One on Wedge claim formerly
belonging to the Jumbo Extension, now
owned by Consolidated, and a lease on
Gold Bar Extension. The former is re.
garded as among the most likely leases
in the camp. Was working continu-
ouslv. when it was closed, as were all
the leases on the Wedge claim, by order
of the court, when apex troubles arose
between the Jumbo Extension and the
Consolidated. After many months, the
two companies reached an agreement,
and the Wedge Fraction was given 10
the Consolidated, which recognized the
leases given by the Jumbo Extension.
The Mohawk Ledge was given 20
uaVS llfUt dittl II "bt'h
raised and the mine put in shape TO
work. The shaft is down something
over AIS feet, and will be put 200 feet
deeper, under contract, it is understood.
Officers of the company: M. j.. Mon
nette, president; Thomas II. Condor,
vice president; R. J. Shoemaker, seere7
tary.
]. p. S., Tonopah. The Pittsburg-
Silver Peak is a good property-one OF
the best in the state. 1t is well devel-
oped and has been producing for a long
time. The company erected a mil some
time apo which has been making a big
saving, and operations have been ear
ried on at a large profit. A statement
was issued about two months ago show
ing the company to be heavily in debt,
but much of this indebtedness has been
taken care of since then. The ore IS
running pretty low in grade, we under
stand, but as it is sent to the mill by
tram from the mine, a good saving IS
made, it is a good proposition ana
should be a reasonably safe investment.
The stock is selling at from $l.lo 70
1920.
]. M. S., Falfurrias, Tex. The st.
Ives Mining and Milling company was
lately merged with the Velvet, Potiatch
and G~oldhorn companies, into what IS
called the Goldfield Merger Mines com
many. aud stock in the new company
will be issued for. the stock in the IN
diyidual companies. The Merger makes
a strong combination. The manage
ment will sink a 1,000-foot shaft on one
of the claims formerly belonging to,the
st. Ives. Several leases are working
the ground, notably the st. Ives Leas-
inc COMPANY. which has done a large
amount of work and has excellent pros
meets. Write A. A. Codd, Goldfeld,
about either company. CD Little flor-
ence ompan is working a lease on
Combination Fraction and should have
ore at any time as indications are Hat
q. w, San Francisco. The Nevada
Goldfeld is a big milling grade PROPOSE
ton in the Gold Mountain district.
Needs a mill to make it profitable, and
arrangements are being made to put a
plant on the ground. No work is being
done at present, but it is expected to
up again in October. II is prae-
a close or Zone IN corpora
ton. as only about 100000 shares OF
stock have been sold. The ownership
is held in the east. CD Manhattan
Black Horse does not appear indexed on
Clason's latest map of Manhattan.
J. R. p, Springfield, Mass. The Lit
tie Florence is working a lease on the
Combination Fraction under favorable
and latest news is that ore may
be found at any time. The company
has its money tied up by the courts
in the case brought by the Florence
company, lessons. An attempt is being
to effect a compromise so that the
money awarded the Little Florence can
relieved.
A. A. A., Bayou Goula, Lo. Two
leases working on Talmage at last re-
port. Eleven leases were let and were
working, but closed down on account OF
strike, and only two have resumed.
Company has not done much work on its
account for some time. G. w.
Hayes, Goldfeld, is president of the
company.
H. A. G., San Francisco. The reason
he Higginson and the Frances Mohawk
leases on the Gold Wedge did not re-
at the same time as the Mohawk
Jumbo Ledge, was because their leases
had expired. The time of the Higgin-
son was not quite up, but so nearly up
hat it would not pay to clean up the
property for the short time remaining.
Mrs. M. R., Philadelphia. Two leases
ire working on the Manhattan Mizpah,
md both report good indications. One
the ~leasers made a stake in Goldtield
n early days, and knows his business.
The control of this stock is with
Mitchell and Fairfield. Goldfeld, who
will answer futher questions.
N. L. M. Newark. Nothing doing on