The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-10-24

owns. or did own, a leasehold on the
Freight claim of the Florence Gold
field Mining company. Some months
g the property closed down, after
having lone considerable work without
achieving results in the way of ore
shipments. w. b. Stewart of the Port
land Florence then acquired for has
company an interest (the exact inter
est he refused to make public), in the
old Nevadan lease on the Florence. The
company was reorganzed and IS now
known as the California Florence, with
Mr.. Stewart as general manager. Ae-
tive work is being prosecuted, with
good chances of getting ore. The lease
hold is excellently located, as may be
seen by reference to a lease map OF
Goldfeld, being a ncighbor of the IA
nous Reilly. The Portland Florence
leasehold first referred to, is in position
to be forfeited, owing to discontinuance
of work. but the management OF the
Florence Goldfeld informs The News
tnat the lease has not been cancelled
as vet. (2) r. G. Virtue was recently
here from Rawhide, bringing specimens
from the Portland Florence company $
leasehold there. The rock showed free
gold plentifully. Rawhiders report that
work is being carried on steadily and
that the hundred-foot level is being
neared. No work is being done at
present or the company claims In the
northern portion of the Goldfield dis
trict. (3) The Portland Florence com
PAW has also a bond and lease on the
Daybreak claim. 1t has sunk a shaft
fifty feet deep and is now running a
tunnel from the east side of Banner
mountain, two shifts being employed.
az No work being done on company s
claim in northern part of district.
M. M, Goldfeld, Nev.-This depart
ment has answered queries about the
Jumbo Fraction in several recent issues.
There is nothing doing on the property
and no one seems to be looking after
the interests of the company. 90 Jack
Bell Mining company has good ground
in the Buckskin district, on the Yering-
ton side. The work necessary to pro-
tect the title has been done, but that is
all. The company appointed a fiscal
agent in Boston a year ago, and entered
into a contract through which he was
to have the exclusive sale of the stock,
The agent has fallen down in the per
Torrance of his contract, and the com.
pany is without funds. However, as
soon as the stock contract with the Bos
ton people expires, the company, which
is well Differed, will take up the matter
of raising funds and developing the
ground, which is exceedingly promising
(3) We have no data on the Indian
Springs Copper company, with mines
at Ida and officers at Spokane, Wash
%ington.'
G.. x. F., Tehama, Cal.-F1orence
Wheeler, formerly Florence Leasing &
Mining. has been recognized with an
increase in the capitalization from
100000 to l,05o,00O shares, the added
3OO,O 900 shares having been placed in
the treasury for development purposes.
There still remains $4,000 shares in the
treasury, money in the bank, money in
the sampler, money in the bins and
money in the slopes. The output last
week was valued at $4,000. Share
holders in Florence Leasing & Mining
may transfar for stock in Florence
Wheeler on the basis of share for share
in order to receive their allotment in
any dividends that may be declared.
The management is now prosecuting
to pick up the Florence Consolidated
lead and is getting good values.
G.. B. c., Enfield, N. C.-There has
been nothing but assessment work done
on the Heart of Goldfeld for two OF
three years. The company seems to have
drifted upon the rocks of disintegra-
ton. d. Mackenzie claims that he has
been out of the company for years, and
refers us to j. b. Pratt, now in Gold
field but formerly New York, where
it is understood he sold a great deal of
stock, and Pratt in turn sends us back
to Mackenzie. Neither seems to want
to assume any responsibility for the APP
parent collapse of the company.
H. G. NJ, Slater, Mo.-Kansas City
Goldfeld has temporarily suspended
operations on the C. 0. D. Consolidated,
but has not forfeited its lease. 1t is
concentrating work on it's Velvet lease,
where it is getting a good showing,
Work is bein oppressed ON the 500-foot
level and on the 50-foot level and some
good ore is being encountered. The
company has an excellent chance to
pick up the ledge passing through the
st. Ives, or "Codd' lease.
M. M, Springfield. Mo.-Thc "Joncs-
C~ornishman' lease on the Cornishman
claim Of the Florence Goldfield, is man
aged and controlled by the Goldfeld
Brokerage company CO. S. Johnson &
Coz 1t is known now as the Florence
Consolidated lease and is being extern
sively worked, producing rich ore in
abundance. The treasury is being