The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-06-12
J. G. D., San Rafael, calif.-Prof. v

many property, and copies can De hau
Nv addressing G.. C. Boak, Tonopah,
secretary. This report not only covers
the mine, but is also a geological report
nm the district and is therefore Of gen
eral interest. The report, of course,
is exhaustive, and concludes with TINS
statement: THAT your stockholders
NAV have an adequate measure Oh what
the mine as it stands today, is worth,
certify that the value of the property
of tho Manhattan Consolidated Gold
Mines exceeds $150,OOO.'
The report was made to the company
preliminary to placing an issue OF 'o,-
600 to 100000 shares of preferred
stock which will draw interest at tue
rate OF s per cent, and the proceeds III
which will be used in the erection OF a
mill.
Z. c. G., San Francisco.-The Flor
ence Extension is doing nothing but
keeping the water out of the workings.
A lease has been applied for and will
probably be granted, the terms OF
when require that the shaft be sunk
to the 9O0-foot point. The deepest
workings are now $40 feet. (2) The
Blue Bell is working right along ON its
Berlin property. The mill is still turn
ing out a good product while the min.
ing operations are confined to develop
ing more ore. The property will be
on a dividend basis, probably, along
Al December or the early part of the
year. The ore is not high grade, but
the capitalization is high, consequently
the rate OF dividend cannot be expected
to be great, but it will be on a gooi
substantial basis and grind out divl-
dends right along, from present appear
ances, like a factory.
J. B., Los Angeles, Calif.-It is our
understanding that the company did
no. keep up its work on the ground m
question and that it therefore lapsed
and was relocated. We are trying to
get positive information on this point.
T. M, Detroit, Mich.-The Gold
Reef has five claims in the West Raw
hide district and two leases on the
Bethania estate, running until March,
1913. The leases are now being work
ed, we are informed; one 100 feet deep
and the other 80 feet; some stringers
have been cut, but no ore has been
produced. The treasury has 100000
shares of stock and about $1,000 in
cash. A dyke 1877 feet wide runs
through the five claims mentioned. The
ledge has only been prospected. 1T
carries an average of about 81 the en-
tire width, we are told.
j. X. M, San Jacinto, Calf, and
others .-The Original Rawhide lease is
closed down. George 0 Polenz, who
was one of the heaviest stockholders,
sold out to Salt Lake parties, and
Wendall Bros. took charge. They rep
resented the stockholders, who practical
~ took the affairs of the company out
of the hands of the directors. The
lease was attached for wage and shut
down. There is some ore unbroken in
the mine and some ore sacked on the
dump. Possibly some inside informa-
ton might be had by writing Wendall
Bros, Rawhide.
A. 7. S., Los Angeles, Calif.-The
Mohawk Florence was one of the leas-
lag companies promoted by Robinson
and Vickers. After paying one divi-
dend, the company was merged with
others into the Nevada Goldfield Lease
company. After the companies were
merged, nothing more was done, and
what little money remained in the treas
ury was frittered away. All the leases
have since lapsed and the machinery
has either been sold or attached for
debt.
G. J. g., Hooper, Mich.-Both the
Heart of Goldfeld and the Goldfeld
Noble have lost their ground by reloca-
ton; or if the ground has not entirely
been lost to their respective companies,
they will certainly have to fight for it..
(2) Nothing to speak of is being done
on the Combination Extension ground.
Mackenzie has been keeping a mar or
two ON the ground for some time max
ing a bluff at working the ground, but
that is about all.
:. I. e., Milwaukee, Wis.-The For
est Mining company owns five claims
IN the Walker Lake district, has a 81
foot shaft in good condition and four
open cuts. A 200-foot tunnel is now
being driven to catch the ledge. The
treasury is in good condition with
plenty OF money to pay for work under
contract and in view. Assays taken
June ! ran 500, $3.50, $47. All the
claims in the immediate n~eighborhool
are being worked, which speaks well
Tor the locality.
s. M. K, Salt Lake. and others
The Spruce Mountain Mining company,
p. O. address, Wells, Nevada, has 10
claims. Property developed by a 300
foot shaft, with 5000 feet of surface
workings and tunnel. A 6O0-foot drift
is now being run fron the bottom Of