The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-02-08

O. A. c., Tacoma. The discrepancy In
the reports on the Sunday-Nevada al
Bullfrog. of which you speak shows
how difficult 1t is to get trustworthy In
formation on properties at a distance
The report tina the Sunday-Nevada was
sinking a shaft, ETC., was clipped from
4 certain Bullfrog paper and credited to
that paper. as you may have noticed
Our report in this column said that mo
work was being lone Oh Bare mountain
unless 1t was assessment work. Sin
gularly enough. the information con
tanned in our query column was given
us in person by the editor of the paper
in question. And is 1t not possible tina
'the shaft now being sunk" was simply
In course of assessment work. We
are much inclined to believe that this Is
the case. The Sunday-Nevada has been
Incorporated for a long time and the
fact in January of this year h SHAFT
had reached a depth of rs feet" only,
is evidence that there Is not much seri-
Gus mining going on with that company.
AS to the statement about the Nevada
Leasing company. which you cite, every
one of them was true. and the facts
given as they then appeared. The only
trouble with the strikes, was, that they
did not develop into ore bodies. but the
rich ore pinched out. This paper was
not responsible for that, nor could 1t
foresee tina result. 1t must be remem-
bered that mine conditions change from
day to day. and especially in prospects,
before ore bodies are proven up. This
paper aims to give the news exactly as
it appears at the time it is writer. We
make no forecasts or promises for prop
critics, nor do we urge or recommend the
purchase of stock. If a Spectator
Jumps at a stock on the first news Of a
strike before its full value is known and
| gets stung, we can't be held responsible
for 1t. The Nevada Leasing company at
one time had one Of the most promising
leases in the camp. 1t had high grade
ore and made shipments. but the ore was
only found in spots and did not prove
up expectations.
=. o. W., New York City. There was
nothing to say about the State Bank
and Trust company for the past few
weeks. as there was nothing doing
Stockholders have brought Hickey to a
show down" this week. as you will see
in another column Of this issue. For
weeks he allowed things to drift, appar-
emily waiting for something to turn
up" You ask why we rave had little to
say about Wonder lately. Nothing to
be said. Practically every property in
the camp was shut dow after the sus-
pension of the Nye and Ormsby County
bank, which fact was noted in these col
umns at the time. Wonder. as well as
all other camps of the state, will be ex-
plotted in these columns whenever there
is news to warrant.
q. II. H., West Lynn. Mass. The Jack
Bell Gold Mining company owns valu-
able ground on the Yerington side of the
Buckskin district. not far from the
famous Ludwig and Douglass properties.
The company has worked It's ground as
1t realized cash from the sale of treas
ury stock, and is now selling treasury
stock through eastern brokers to patent
and develop holdings. There is a treas
ury of nearly 800. 900 shares of stock.
All ownership stock Is pooled and not a
share to be had of the larger holders.
Management in the hands of well known
business men of Goldield. No salaries
are paid and office expenses nominal.
y. y. n, New York. The Bonnie Clare
is a producing mine in the Gold Noun
tain section. 40 miles south of Goldheld.
The ompan recently installed a mill
and has an elaborate and expensive
equipment. Whether through e%xtrava-
CANT mine management or poor fnan-
ciering. the company lately went into
the hands of a receiver at the instance
of Los Angeles creditors. The prop
erty is regarded as VALUABLE and we I'M
derstand that 1t is now under option
and a sale is likely to be effective.
Stockholders would doubtless receive
something as the value of the property
far exceeds liabilities.
II. D., Los Angeles. Answering your
query and hat of a score Of others as
to chances of employment in Goldield
in clerical capacity: The supply of
clerks. bookkeepers and stenographers
in Goldheld is equal to II not greater
than the demand. Business became
strike and scores Of office employees
were thrown out of positions. Some left
camp. but many still remain awaiting
a revival of business.
I. q. L., 11ankato, IIinn. We believe
there are better buys for the same
money than any of the stocks you name.
Better buy low priced stocks that are
listed on the Goldfeld Mining Stock ex-
change. for you can then make a turn
whenever you see a profit. and profits
will come cn the turn Of the market
which can be expected as soon as b
troubles clear up.
o. y. u. Rochester Goldheld. Feb. I.
1907. IL tents asked: Feb. 1. 1908. 2 cents
asked. Mine not working at present.
The manager. who has been absent for
some weeks has returned and says the
property will likely resume before long.
1t is regarded as a good prospect.
a. ?. O.. PlainAsld. Who are the peo-
pie n do they profess to own?
Give us a line on the proposition and we
will investigate. The company Is not
known In this once.
J. -, Hay, idaho. The Nevada Gold
field Lease company is a merger of the
Mohawk Florence. Mohawk Gold Bar
and Mohawk Daisy. None Of the leases
has been worked lately owing to strike.