The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-08-01

under the leasing policy, and in this In
stance, at least, the leasing policy mas
proven wise for the company, as thou
sands of feet of prospecting and devei-
opment work have been lone without
cost to the company, and all at the ex-
pense (and loss) of the l%easers; as
scarcely a pound of ore has been
shipped from any lease. (2) The Cen
turv lease on the Atlanta, is actively ut
work on both its original lease and ITS
suitcase. The company, with ITS TWO
leases. has four blocks of ground. IL
has worked persistently and energetic
allv from the first, not having stopped
during the strike or during the money
stringency of the spring; and it was one
of only two or three leases of the entire
camp that did so work. The shaft is
$50 feet deep and on the 3~5O-level, over
. feet of lateral work has been
done. Superintendent Hoolihan only
this week cut into a quartz vein that ear
ries some good ore, and upon further
prospecting. believes he will have an
ore shoot. If an ore shoot materializes,
it will be the first to be found upon the
Atlanta ground. There are thirteen
leases on Atlanta, IL working, two tenn
porarily suspended, and there are two
more let that have not begun opera
tions.
F. H. c., Valley, Neb. All the com
panies of which you ask are working,
except the Daisy Wonder, and the Fair
view property. The other properties,
all located in this camp, are first class
You have doubtless seen reference to
the Goldfeld Kewanas in this paper re-
Gently. The Combination Fraction is
the sensation of the camp at present,
extended notice of the mine appearing
in this paper in the last several issues.
L. G.. g., San Francisco. Nothing is
being done with the Kendall Extension
ground whatever, and nothing but the
assessment work has been done In the
past two years. The company was put
out by Emil Sutro, now with offices In
San Francisco and Rawhide. We can
not find out through any source just
what the conditions of the company's
title and finances. 1t seems to be a
closed book. Try and see Sutro in your
own town. The property is fairly well
located and worth doing something
with.
w. W., San Francisco. None of the
stocks you ask about are active or
likely to become so soon, except the
Crackerjack and Gold Bar Mining of
Goldfeld. Both of these stocks have
moved some recently. The Gold Bar,
it was announced some time ago, was
going into a constellation with the c. O.
d. and other properties, under the name
of the C. O. d. Consolidated Mines
company, with a capitalization of
So. OO0, 900. The details of the cOnsol-
idation were all worked out, but we
have never heard that the consolidation
was finally consummated. (2) TOnopah
Northern is misleading in name, for the
property is in the South Manhattan dis
trict, Is or more miles from Tonopah.
j. w. g., Los Angeles. Your surmises
are right about the Fairview company.
The ground is seemingly well located
and it would appear that it should have
some of the good lodges in that imme-
date vicinity. The fact that a strong
leasing company gave up its lease ON
what wa supposed to be the pick of the
ground does not speak well of it, how
ever. The paper you speak of is prac-
tically a house organ. (2) All the other
properties you speak of are considered
first class.
I. w., Salt Lake. The reports you
have about Tonopah West End are cor
rect. The mine is in a very large body
of shipping grade ore and the full ex-
tent and proportions of the ore shoot
have not yet been determined. The
West End looks like the making Of on
of the big mines of Tonopah. As the
result of the find the stock has already
moved upward very sharply, and until
regular shipments of good size are
made, believe the present price high
enough.
E. G. H., Salt Lake. The Goldfeld
Golden Dream is a fake pure and sim
pie. 1t was put out by j. J.. O'Hara,
of Denver, who recently plead guilty
to using the mails for fraudulent pur.
poses. The company pretended title to
a claim which they advertised was
near the Sandstone and Kendall,'
etc, but which was far west of either,
and out on the desert beyond any posi-
bility of mineral. There was never any
work done on the property.
w. v. H., San Antonio, Tex. Manhat.
tan Mining is not an active trader on
the market, although it is quoted on the
San Francisco exchange around 2 and 3
cents. The property has not been in
operation for a long time, and will not
resume, we are told, until times i'm
prove and the treasury can be re-
eouped.