The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-01

T. Ia De- -
make it a practice of answering
oueries of news stand customers OF The
News. We never know when we are be-
ing imposed upon, and the demands OF
suhscr;bers on the Query department
..o = great that we are obliged to
ros,r;et answers to subscribers of record.
however, as we have been asked tne
same questions that you put, we VIII
answer. as follows: The Red Top Ex-
tension Mining company has no side
une agreement with the Goldfeld Con
soiidated, in the sense hat the common
side line between adjoining properties
he respected and that the ore of each
would run to the side line, irrespective
of the apex of the vein. An agreement
was entered into between the Consoii-
da,ed nm the one hand and the Red Top
Extension and the Red Top Mining
and Leasing company, a tenant Oh INC
latter, whereby the leasing company
could work and follow the VEN under
the side line, if necessary, that the
ROYALTIES from the lease should be pald
into the treasury of the Red Top Ex-
~tention, and by that company set aside
until it might be determined who mad
the apex of the vein, whether the Con-
soiidated or the Red Top Extension.
The lease is not embarrassed by this
arrangement. (2) We have investigated
the reports of an over-issue OF stock
In the Red Top Extension Mining COM
pany, and find the reports to be ground
,ess. The books have been exported
and are in the hands of the Registration
and Trust company, so that these rumors
should be set at rest.
g.. L. s., Oakland, Calif.-The only
way we know of to get at these people
is to report them to the Postoffice de-
partment. Several people have been
indicted by the U. S. grani jury lately,
for just such transactions.
T. P. F., Germantown, Pave will
be able to tell you more about the
Combination Fraction next week, as
the annual meeting of the company
will take place this afternoon, after
the paper is printed and mailed. (2)
The Kewanas is doing some work, but
not pushing vigorously. Thought to
be good ground.
F. P. s., fredericksburg, Pave
have been publishing reports OH the
mines of Rawhide right along, although
perhaps in not every issue. The com
pany of which you ask has never done
anything in the way of work on its
property, having pursued the leasing
policy from the first. Several of the
leases nave shipped from time to time.
Rich streaks that widen out into fairly
good sized ore bodies traverse the
property, but the opinion is becoming
more fixed and general that this prop
erty as Rawhide in general, will de-
velop into a big milling proposition.
The trouble with Rawhidc is that it
has suffered from too much "boost-
ing and people are expecting too
much. 1t is a good camp and if per-
mitted to develop along legitimate min
,.ax I.a.e will hannr,a roa1 o{aol,
producer of high grade milling values.
F. L. R., Berlin, Wis.-All we can
say about the Daisy M. & L.. company
is, that it is closed down and has not
teen working for 80 days. Prior to
continually. Mr.. Todd is nc longer in
the lease and Mr.. Toplitz is in New
York trying to secure funds with which
to resume. (2) 1t is the expressed
intention of the Consolidated Red Top
lease people to continue the operations
of the corporation after it's present
lease expires. 1t is expected in ease
there is enough money left in the
treasury, to take over a partially de-
veloped mine. The lease is not doing
as well as it promised for q while. At
one time it looked as if it would be
one of the bonanzas of the camp, as it
had a good body of high grade ore.
The work has been intelligently prose
euted right along and shipments have
been continuous, but for some weeks
the values have not been high, leaving
only a small margin of profit. The
treasury has in the neighborhood of
$4,000. 1t may be more or may be less.
but that is not far off.
g. A. B., Grass Valley, ore.-We re.
gard the Gold Mountain mining propo-
sition as a fair prospect. The people
are all right and the ground well To-
Gated.
F. J. C., Waupun, Wis.-No work TO
speak OF has been lone on the property
OF the United Tonopah and Goldfeld
Mines company for a long time. 1t