The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-07-25
BAD TIMES FOR THE PESSIMIST

- HE MAN who is pessmiAic about Goldheld mines an stocks, will have
bad dreams after he reads this issue of The News.
From the first column of the first page to the lastco column IF the last
page. there is nothing u new of h most optimistic kind and SO much Of it
that more pages could easily be filled.
m(ne conditions improving so rapidly in aoidhsid during he past 0ur months
thN market should remain stagnant and the public SO indifferent There have
crazy, II - Nam smr.s r. ~ we knsw ard 50 declared that the cam NJ market were
Or the verge sf a boom ant the lighting of a match. as it were. would start the
blaze. Tho seke on Combination Fraction was the match. and % tn blaze is
The past weAk has beer an eventful n for Godfed as a p~usal OF this
Perhaps he moss important thing, and ne which contributed much to the
buu stock market was We agreement reached between the Consolidated and the
osns saasrnes u cnmiSsting possible apex arrangements. And another i'm
portant transaction along heS%ame line was te agreement reached by tn Con-
sopdated and IL Jumbo ExteNxon, which will N their fight release tied up
property and a large sum If money and permit two O. the best leases Of the camp
case, and thu agreementb between the Consolidated and Combination Extension
the removal Of thisb ugbear should have most favorable effect upOn tn mining
The addition O. a lev nine to eadhad's list of bonSnzas has beena another
important event in the weeks history. The combnatio1 Fraction is without
a at a, ,n. 81 co ss but Of the mining world. True. it's acreage is sman, but
within it's confines it possesses n enormous ore shoot that win doubtless produce
millions of dollars in gold. Not many mines If the world have IN ore shoot Isl
feet wide that will break clear across upwards Of $75 to the ton
Rogers syndicate. las produced another mine If een greater richness. 1t would
seem that HI limit had ben reached by the leases named, nut the Engineers
lease. which can in only within the past few weeks gives promise to not only
equal but exceed them in tonnage and richness of pre- whiting six weeks since
IRE was hEt discovered, this lease has produced upwards of 100000, has paid
royalties to the Florence company of 0ver 100000, distributed 100000 in divi
dends, and has another 100000 in bank for disbursement -Four lots Of IRE from
wees ~n1l " S ~ 0tnsr courrv eon,s Sch = nIuian.s outn !. nal,
And yt coming in a chain of like brilliant events the Engineers lease has pro-
duced nothing more thai a mild sensaion-m fact not more than passing com
uent IN Goldfeld. There's are two or thee other leases OF this famous ledge that
are likely to con in big at any time sch as the Baby Florence, which is just
entering the shipping list
Sem S2e5OO0 in dividends wee paid III by Godhed companies this week.
The Florence sent put checks for slo5ooo. the Engineers paid put $4,000 on
Thursday III Rogers Syndicate paid out another $780, 900 N the Mohawk Jumbo
sent nut checks today for $4,000. Three of these dividends wrep paid by leases
This is a pretty good showing fol dull summer weather"
This issue If The News tes of the discovery by Consolidated metanurgists
or a new processf for the treatment Of refractory oes. such Is suphides etc, at
! cost that will perunt of treatment of So ore The process is being patented and
win be made known in dne time. when it promises to furnish a sensation for the
mining world. The discovery u. this process means more to addhed than a
hlf dozen new bonanza mines for it win bring every producer, no matter how
low the grade, into nc shipping class and make Of commercial value every dump