The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-04-18

A. Lamb, San Francisco, Cal. We have
received the following from Hon. Sam
Platt, Carson City, regarding the Cat
lin Silver Bow Mining company, OF
which you ask:
"This company is the owner Of siz
| mining claims at Silver Bow, Nys
county, Nevada. The location was
made upon q 5-foot lead, and high as.
saw values were found. Shortly after
the organization Of the company actual
development work was commenced and,
at one time, eight ~lessees were working
upon the property. The company put
down a 100-foot shaft for the purpose
Of prosecuting the main ledge al depth
For the d of this work treasury
stock was sold and sufficient revenue
derived therefrom to complete the
shaft and the prosecuting. At a dis
lance Of some so feet in the crosseut,
the main ledge was encountered, but
the values therein were very low. The
company's treasury was about depleted,
and at that time il was almost impos-
sible to sell any treasury stock. 1t was
hoped that through a revival of inter
est in mining, sufficient money might
be realized to prosecute further de-
velopment work, but the probabilities
Of securing funds were very discour-
aging. An offer was made by Bert l.
Smith and Oscar J. Smith, bankers OF
Eureka and Reno, Nevada, to take over
the control Of this property, and pro-
coed with the development work. The
main holders believed that under new
financing the minority stockholders
would be better protected. Accordingly
the deal was made and men were put to
work at once under the new control.
I am advised that considerable ore was
shipped and that the company tapped
the ledge by mean of a tunnel, at a
depth Of something like 20 feet. !
have not learned recently just what
the present state of development is,
but / assume that this property was
likewise affected, with almost every
other property in the state, by the prs
vailing financial conditions throughout
the country.
"I am sure that if you communicate
with either one of the parties above
mentioned, thew will give you accurate
information concerning the present
status of the property. The surface
showings Of the mining claims taken
over by the company were exceedingly
fiattering. 1t only remains to prove
the property up at depth to establish
it's great value beyond any doubt. l
have always believed that development
work would accomplish this result, and
from the standing of the parties now
in control. / am satisfied that every
effort will be made to develop a wealth
producing property"
L. O. O., San Francisco. Our efforts
to ascertain just who is back of the
Kendall Extension Mining company,
have proven almost fruitless. There is
not a broker or mining man in Goldfield
that we have run across, who could give
us the desired information. The fact
is. no one in Goldfeld seems to have the
property in charge. 1t is not working
and has not worked for many months
and no attention has been given it
Emil Sutro was active in putting out
the stock when the company was first
Aoated. We do not know whether he
still has a managing interest or not
Sutro has withdrawn his office from
Goldfeld. The Kendall Extension, as
you probably know, being large
stakeholder, is good ground, lying i'm
mediately west of the Kendall, which
has again entered the ranks Of the high
grade producers.
w. W. r., Montgomery, Pa. There
are 1875 companies on the map of the
Manhattan district, and there is no Su-
perior Red Top among them. The
claims on the map, however, are the
surveyed claims; but as Manhattan is
getting along in age, it is reasonable
to assume that if the claims were at all
good, and the company an active one,
their claims would not remain unsur-
viewed. As to the Dexter Wonder prop
erty, it is in a favored section of the
camp of Wonder and is regarded as ex-
cellent ground. The company has not
done much work on the property, and
in fact, for some time has been idle.
We do not know the financial status
of the concern or it's plans for future
work, as the home Office is in Wonder.
q. r, New York City. The annual
meeting Of the Bullfrog Gold Bar was
held April IL, and report is being
printed and will be sent to all stock
holdovc ~forthuifk