The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-12
+. B. D.. Boston. Expert Krumh ,

T. B. d, Boston Expert Krumb ba.
been to Tonopah, examined the Tone.
pah Extension, and gone. He naturallv
kept his report to himself and gave on,
no intimation of what he found. Ho
was undoubtedly sent to Tonopah 70
make an u~nfavorable report, as in tba
ease of the Montgomery Shoshone. and
we believe the mining public is pre.
pared for an adverse report. However
if he is as badly off in this instance as
in the report on the great Bullfrog bo.
nanza, stockholders need not ba
alarmed. Irrespective of his gloomy
predictions as to the Montgomery Sho.
shone, the mine is doing business right
along, is making a big tonnage and an
excellent saving at the mill and is oper.
ating at a large profit, and it should not
be a long time before Mr.. Schwab is
paid back the money he advanced for
the mill, and the treasury begin pilino
up a surplus for dividends. In a talk
with the manager of the Tonopah Ex.
tension this week, we find that what.
ever Krumb e report may be, the form.
err is perfectly satisfied with the eondi.
ton of the mine, and the fact that the
mine has been operated at a profit of
$4,000 covering the past few months.
is a long way in favor of his position.
| Manice, whom you quote, is strongly
prejudiced against Goldfeld, Tonopah
and Bullfrog. especially the two latter.
| That bunch is now strong in Cobalt and
Nippissing, and is trying to divert
moue from Nevada to those camps.
@. e. H., Bridgeport, Conn. The
omission of data regarding the Nevada
Calumet Copper Mining company from
the latest edition of the Handbook of
Nevada Mines is regrettable. The rec
ords of the secretary of states office
were thoroughly searched and hundreds
of letters were sent to officials of the
various companies requesting informa-
ton to be published in the Handbook
gratis. 1t is possible your company
neglected to reply to this letter and Il
is also possible that a clerical error has
occurred in issuing the booklet. In
either event the data you send is gladly
published: Nevada Calumet Copper
Mining company is an Arizona corpora
ton; 100000 shares; par S. each. The
company was formed in May, 1907, and
during June following the necessary
papers were fled permitting it to do
business in Nevada. The eompany's
property is located in Buckskin mining
district and consists of twenty-five
claims. There are two working shafts,
each equipped with a twenty-five horse
power gasoline hoist. One shaft is 200
and the other sixty feet in depth. The
office of the company is 81 Journal
Building, Boston, Mass.
A. s. T., Kensett, Iowa. The three
men of whom you ask, stand well in the
business community of Goldfeld. (2)
The Nevada Goldfeld Lease company
is not working any leases in Goldfeld.
The company claims to have a lease on
Vickers' property at Stimler and has
done some work thereon, but not enough
to get substantial results. The manage
ment claims to have $4,000 in the
treasury. 1t is also claimed that the
management is waiting to get straight
ened out with r. L. Bernier, its former
fiscal agent, through whom they say
they expect to get money due, but as
Bernier is practically broke and in the
tolls of the law, not much money can
be expected from that source. About
$4,000 was expended upon the leases
taken over by the company, but this
was before the consolidation into the
Nevada Goldfeld Lease company.
! s. w. B., Denver. Work has begun
upon Midtown Fraction, a twenty-horse
power hoist having recently been In
stalled. (2) c. o. D. M. & l.. is a lease
on the c. o. d. estate, but it has not
been operated for a year past, the stock
being quoted at a cent and less per
share. The lease has not been for
feited. The company has recently been
recognized. t is now known as the I.
0. d., Fargo. (3)Bullfrog Pioneer is an
Arizona corporation, 100000 shares
par, $1.00; owns three claims in Bull
frog district with a small amount OF
development work, consisting OF tun-
nels, shafts and crosscuts.
B. E., Spanish Forks, Utah. The
works of the Tonopah Foundry and Ma
chine company are under lease. Inc
company was organized by reputaoie
business men of T~onopah, but was not
entirely financed. A mortgage was
given on the property of the company
and other claims were contracted. Inc
works were then leased under an az
rangement whereby the lessee was 10
take care of Indebtedness. The owner
of the mortgage has agreed TO 'aA'
stock for his claim and all Indebtedness
will be cleared, leaving the stoekholo'
ers with their stock, which III ti"e'