The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-26
!. p. D., Salt Lake, and others

- go .f eaa OtItIS. The
Frances Mohawk is working a lease On
the Combination Extension ororna
/ south and west of Little Florence hin
A great deal of money has been ev.
pended upon the lease, and while bros.
poets for obtaining ore have been nj.
Turing. results have been disappoin,.
ing thus far, although the managemen,
has not ceased work or given up hope.
as indications are sufficient to warran,
coatinued prospecting. We do not know
the intentions of the company at the
end of the leasehoId, but arrangements
can undoubtedly be made to e%ontiuue
as d.. Mackenzie is the controlling fac.
tor in both the Combination Extensio,
and the Frances Mohawk. This Iattor
company has paid out $546, 600 in divi
dends, and has about $400,0 600 in assets
beside mine property and equipment
The company got tied up in the State
Bank and Trust company failure for q
large amount, has out loans and money
in Cook bank. The State Bank account
has not be l~iquidated and it is possible
a considerable proportion of it win be
lost. The treasury assets represents
about IS tents per share on stock is
sued.
T. M. S. Detroit, and others: The
Combined Mining and Leasing company
owns two patented claims in the Gold
field mining district, the Lincoln and
the Reliance, situated on the eastern
slope of the Knickerbecker mountain.
The company also operates a two-year
lease. 400 by 600 feet on the Sur.
flower claim of the Velvet company's
ground The company suffered severely
during the financial crisis of a wear
ago, and in November, 1907, it was
practically a dead issue. MIR. Blanch-
ard, who had been employed by the
company as its consulting engineer, at
that time, with the assistance of Mr..
Hyilested, one of the company s former
directors, and several of the larger
the company from its financial diff
fculties and to put it on its feet. As
a result of their work the company is
now in good shape financially, having
paid off several thousand dollars of in
d~ebtedness; it has operated its Velvet
lease uni~nterruptedly since May, and
the company's stock has lately been
selling on the earstern eurbs at from Is
to Is cents. The showing OF the lease
is at present better than at any point
in it's history.
G.. O., Portland, Ore. The Butte Boys
company had a lease on the Nighthawk
estate. Considerable work was done be.
fore operations were suspended some
time ago.. The Butte Boys is now work
ing a lease on the Florence. The lease
has entered good looking stuff at the
400-foot level. Three shifts at work on
this level. The Butte BOYS Consolidated
is also working a lease on the old Cen
t~ennial mine at Ida, and is making
shipments of ore that is claimed to be
of a high grade. The ore carries silver
and copper. Two shifts are working
and a third one will be added and %
tons will be the daily production.
j. p, st. Louis. Kansas City Gold
field has temporarily ceased work on its
G. O. d. lease and Manager Robert Me-
Clintoek has added a shift to the force
on the company lease ON the Velvet
Work is being prosecuted ON two Levels
to pick up the Velvet Bonanza lode
where two miners, who recently secured
a lease, are sacking ore. The Kansas
City Goldfield company has been a hara
worker for many months and the III
structions to Manager MeClintoek are
to stay with the game and make a snip
per of the properties.
e. D., Laredo, Tex. Nothing is beng
done on the Greenwater Saratoga and
we do not know what is the intention
of the company, as the general mahagu
is away and has been for some months
(2) Greenwater has not been entirel
abandoned. The town itself IS ~
Populated, and practically all the mines
have closed down, although one or wv
are doing extensive work and getting
some ore, but most of the properties ~
idle.
A. w. B., Los Angeles. Nothing 10
ing on the Lucky Scctehman lease "
far as we can learn. We cannot ioea'
on Chute's map any Lucky ScotennaA
ground north of Diamondield, ana 'nS
is supposed to have all the sur'''~
claims. (2) Little or nothing is hno"'
of the Gold Basin company or us ="
agement. The company is suppose"
own five claims three miles east OF oou
field, but no work has been done on :"
ground, to speak of.
M. M. c., Providence. Inc nv
leases you ask about were pun INV
Nevada Goldfeld Lease company
corporation that took over all :"
49, No. Af me Ht