The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-01-11

~ bHN 1AaihOiAbllClQ ool Aillis COHl-
pany and the Black Butte Gold
Mining company was effected on
August 1, 1905, and the first named
company incorporated with a capital
stock of 1000. 900 shares, par value 81
each. The stock is listed on the Gold
field exchange. and is selling around 20
cents. but has sold up to as high as so
cents a share. A cash dividend of 2
cents a share on all stock that had been
issued amounted to $14.650, was de-
clared in the fall of 1905, and at the
same time a stock dividend of the re-
naming stock In the treasury which
amounted to 267, 1900 shares was also
distributed. The officers of the COM
pany as announced after the last annual
meeting. are: President, Frank Ish;
vice president, L. L. Patrick; secretary,
M. c. Howard. Other directors. Thos.
d. Murphy. J. L. Harness. The prop
erty consists of about 10 acres in the
D"iamondfeld district, northeast of the
town of Goldield. Nevada Among the
claims is the Quartzite Fraction, from
which leasing operations have produced
about $500. 900 worth of ore. AS the pay
shoots in this claim indicate the same
values along the strike of some of the
other claims, a three-compartment shaft
for working purposes. and more thor
ough development of the property is be-
ing put down between two well defined
lodges to reach a depth of 400 feet. At
last accounts this shaft was down below
the 300-foot level, and considerable
prosecuting and drifting was going on.
A large amount of ore running from SIS
to $50 a ton is said to be already de-
veloped on the c~ompany's estate.
c. J. B., wichita, Kas. When the
strike came on the Florence Extension
was in fun operation. Two shafts are
on the ground. each 800 feet deep. Only
one shaft was working when the shut
down came; this was shaft No. 2 at the
150-foot level; 800 feet of prosecuting
has been done in which a ledge 9 feet
wide was encountered running from SIS
to SIS. This shaft will be continued to
the 350-foot point, when work resumes
in the district. In prosecuting and
drifting from that depth high grade ore
is expected. Both shafts are equipped
with heavy electric hoists and gallows
frames.
;. H., Jacksonville, III. The Rich
Gulch Wonder property is not working
at present. Some As Wonder properties
were compelled to quit work either be-
cause the Nye & Ormsby County bank
at that place closed down or because out
Of town banks. like the John s. Cook &
Co. bank at Goldfield and the San Fran
cisco banks went on a scrip or clearing
house certificate basis. We do not know
the status OF the litigation. The Ne
vadan L. & M. Co. was working its lease
on tho EInranoa Whon tho ofriEo ho0on
and will resume when labor troubles are
adjusted.
Ely, rittsburg. The Giroux Cons. at
Ely is sending out 5000. 900 worth of ore
monthly in addition to carrying on an
immense amount of development. The
Boston-Nevada has secured the 5-stamp
mill at Osceola and will soon be treat
ing the ore from the Cumberland. The
Rickard-Ely. near the 1.O0O-foot point in
u drill hole has struck the sulphide zone,
and has good copper assays from the
drillings. The drill is still going down.
=. J. H., Hox, Mass. Know nothing of
the Howell and Little Exploration Co.
The value of the Boston and Goldfeld
ground has not been determined as suf-
ficient work has nos been done. Have
no late and exact data ON the Quartette
Extension Gold Mines Co. We presume
you mean the S~earchlight property.
p. q, Boise. The Seven Troughs. OBJ
Grating in the district of that name. is
said to have made a rich strike in the
4oo-foot level of the property. The re-
port. which is well founded. comes from
Salt Lake.
shsreholders' Protective Association,
Toronto, n The Mohawk John
ME Mine" Is a new one to us. Give us
the name of some of the officers or
where the property is located. and we
may be able to give you what you want.
4. II. l.. Portland. We nave no In
formation or "Schwab's Gold Anchor"
Don't know the property. Where is II
located. Butte Boys was looking good
at last reports.
J. 7. n, wellesley, Nass Neither of
the stocks mentioned Is listed and we
have heard OF no curb transactions.
They are not working at present. Bull
frog district quiet.
J. W. q, Chicago. Humphrey and
Meyers are the largest owners of Man
haitian Cowboy. Address C. F. Hum
phrey. 1900 Golden Gate Avenue. San
Francisco. Cal.
J. W. l., Portland. See item about
schwab's Golden nch in our Tonopah
news letter of today.