The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-10-24
r. c. H., GAINESVILLE, visit

does not come from indivluuais UT ifo"'
mining companies. The table is com
piled from reports made up each week
by the railroads and mills, which either
receive the ores of the district FOR
shipment to smelter, and upon which a
valuation must be placed, or treat the
ore and make return to the owners.
This, as we have found it, is the only
way in which we can get exact ana
Trustworthy returns. In the returns for
a given week, we can get the exact ton
mage received ut the railroads or mills,
but not always the exact value, for
often the ore is not sampled until a
week or so after il is received; there
fore we have TO use our best informa-
ton in estimating the value of the out
put for the week given. (2) The IN
formation given about the Mohawk
Jumbo was authentic, or at least gwen
upon authority. The output OF the
les Sc was largo, but the average grade
of the ore was rather low and the ex-
pense incident to extraction and hand
ling. was correspondingly great. The
Mohawk Jumbo distributed dividends
and bought a very large amount OF
Mohawk Red Top stock, and still has
some money and other assets, and 1t is
stated by the management that a hnai
dividend would probably be paid before
A. onJ Of this month.
@. B. w., Valley Springs, Cal.-Man-
haitian Mustang Mining company has a
large acreage, sharing with Manhattan
Broncho almost the entire area OF Mus
tang hill at the lower end OF Main
street in Manhattan. A large custom
mill occupies one side of the hill, an
ideal location for receiving by gravity
the ore from the property. Mustang
has been very extensively developed
and has known ore bodies of milling
grade. At one time, under the manage
ment of J. H. G. Wolf, it was a con-
siderable shipper, the gold occurring in
fuorine spar and quartz, with every IN
dication of ~permanency. For some I'M
accountable reason little work on the
property has been lone during the past
eighteen months. Adjoining Mustang,
in Mustang Extension ground, have
been found some of the finest nuggets
ever discovered in the district.
G. I. b, Alma, Kas.-The Butte Boys
Consolidated is capitalized at 1,OOO,O 900
shares of 81 each. We do not know the
financial condition of the company, but
Judge that it is good, for large opera
tions are being carried on and the com
pany is shipping from one of its leases.
The company WINS ground in the Red
Mountain section of the Goldfield dis
trict not being worked at present, but
is working a lease on the Florence
estate. and also a lease on the old Cen
~tennial mine at Ida, and is producing
shipping ore. The officers at last ac-
count, were DR.. M. G. McCorkle, presi-
dent; G. w. Beaver, vice president and
general managers; +. w. McKetchnie,
secretary and A. w. LANDER, treasurer.
Office, Portland. Ore.
G.. L. B., Albuquerque, N. M.-No
work has been done thus far this year
on the properties of the Goldield Black
Diamond company in the D~iamondfield
section of the district The holding
consists of eight claims, known as the
Marshall group. The work last year
was lone under the direction Of Major
W.. A. Stanton, general superintendent
of the properties promoted By James E.
Keelyn. On account of the illness of
Mr.. Keelyn no information can be
gained this week regarding the plans
of the company.
w. F. F., Lynn, Mass.-The Mohawk
Red Top lease has closed for lack Of ,se.
The company never found ore, alth6igh
a large amount of work has been done,
and the lease was abandoned. (2) Tie
Florence Jumbo is working right along
with a large force. The indications for
ore are excellent. Good values have
been had from time to time, but so far
no large ore bodies have been devel-
oped. The ground is in a very fashion
able neighborhood.
F. c., Royersford, Pa.-Do not know
what price you paid for the stock, but
think that now is a, poor time to sell.
Wait until there is a general upward
movement, such as may be expected,
perhaps, after the election. This will
take up your stock and you can then
dispose of it at higher prices. 1t would
only be on such a market that you can
expect a better price on this stock, as
we do not believe it will ever go higher
on its merits.
e. B. D., Hazelton, Pa.-Diamondfeld
Triangle is not working at present but
arrangements are being made to start
up on company account, and active
work will doubtless be in operation
very shortly. The chances for ore on
this property have been greatly i'm
proved by the development on the Daisy
during the past month or two.
H. H. H., Brown City, Mich.-Big
Florence Mining and Leasing eompanv