The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-05-23
j. H., Jacksonville, Ill. The Florene

j. H., Jacksonville, Ill. The Florence
has not declared a third dividend. The
authority you quote is wrong. We can
not give any one reason why Florence
stock is dropping. Many reasons are
offered. The whole market has been
casing off, as you notice. From the
many communications received by this
department, it would seem as if con-
fdence was being impaired in the man
agement of the Florence. 1t is true
that the Florence has been exasperat-
ingly long in getting its mill into com
mission, and it is also true that the re-
leasing of Little Florence. ground is diff
ficult of explanation and that other
things have happened somewhat mysti-
flying to the public. But We do not be-
lieve there is any ground for suspicion
fusion between Manager Loekhart and
leasers, as has been suggested. Lock
hart is left alone in the management of
the company at this end. The only
other male director, except the assist
ant secretary, who has nc say in the
matter, is A. d. Parker, residing in
Denver, and who is a very busy man,
being vice president and general man
ager of the Colorado Southern Railroad
company, and who can give very little
time to the actual management of the
Florence company. It's affairs arc there
fore left almost entirely in the hands
of one man-Mr. Lockhart. The Flor
ence is getting far beyond a one-man
proposition, at least this is the way the
public seems to be figuring it, Judging
from the many letters received at this
office. (2) A decision is expected any
day on one phase of the Little Florence
suit. The Little Florence went into
court asking that the Florence COM
pany be compelled to restore to the
dispute. which had been sent to Denver
for deposit. The Little-Florenee wants
this money kept in the hands of the
local court, until its final disposition is
determined. (3) You will see answer
in another part of this column covering
your question on the Jumbo Extension.
J. G. A., Herr:n, Ill. Would %investi-
gate very thoroughly before investing.
So many of the companies in that camp
have questionable management. While
many of the properties are promising,
they are being handled by so-ealled
"iscal agents. who pocket most of
the proceeds from the sale of stock as
commissions" and the company it
self derives little benefit.
M. T. c., Spokane, Wash. Neither the
Tom Jaggers Tule Canon company nor
the Daisy Wonder is working. Kent,
the publisher of Gossip and "is-
cal AGENT for several companies, has
been absent from Goldfield for many
months and his publication has sus-
pended. 1t is not believed he will re-
turn to camp; at least no word has been
received here indicating his intention
to return. His whereabouts is
unknown. He may be going under the
name of "Sidney Flower as that was
the name he sailed under during the
latter part of his career in Goldfeld.
Murdoch and Morris have also left
camp. Wonder has been very quiet for
many months, even the big Nevada
Wonder having been closed. But this
latter property has just resumed opera
tions with a big force, we are Informed.
The Daisy Wonder is understood to be
a good property. Seemingly all the
Wonder properties have been waiting
upon the Nevada Wonder to prove up
and develop the camp and as the Ne
vada Wonder has resumed, as stated
above, more general activity may be
expected.