The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-03-20
T. L. G., P~ottsville. Pa.-There is

of Tramps Consolidated, to gain con
troll of the company, and it is high
time, for the present officers seem to
he entirely Indifferent to its affairs.
The annual meeting was called for last
Monday week ut Philadelphia, but
,bere were not enough present to form
a quorum and the meeting was post
poned indefinitely. This is a shameful
condition of affairs in a company with
such important holdings as Tramps
Consolidated. 1t is possible that the
officers of the company have sold their
stock and have no further interest in
IL As a matter of fact the people who
oroan;zed the Tramps were not mining
men 80 much as stock brokers, with a
reputation of organizing companies on
w to unload their stock. In 1900,
shortly after the consolidation, Tramps
sold as high as 1915, and it was only
n prospect then. Since, the property
has been developed into a big low
grade propositlca, anc only recently
some high Craze has been ound-
enough to encourage 8 or 8 sets of leas'
ers TO 90 to work. If it was worth
$2.75 before my work was done, the
stock is certainly worth a great deal
more now, but instead, is selling
around 6 and Z cents. In the down
ward rush, insiders are said to have
MANIPULATED the stock so as to taxi
several profits, and now, apparently,
they are entirely out of stock and have
no further active interest in the com
pany's affairs. 1t would be a fortunate
thing for stockholders if a good active
management could get in control of the
company and put some life into it
enough at least to hold an annual meet
ing.
J. T. w., Cincinnati Goldfield Flor
enee is down because of the failure of
the company to pay I dividend at IT'S
last directors meeting. This can be
explained by the fact that the company
had discontinued the leasing system,
before it's mill was able to make any
substantial returns for dividend pur-
poses, and the ROYALTIES in the mean
time, which had heretofore been avail.
able for dividends, were not fortheom-
ing. Beside, there is great distrust
among the people as to the ability of
the management to carry on a PROPOSE
ton of this magnitude. Whether there
of opinion. The property has enormous
mineral potentialities and the mill can
easily be changed for the better, #
necessary, but it is now pounding away
turning out bullion, and according ID
Vice President Parker, who has recent
ly teen inspecting the mill, it is zen
tirely satisfactory (2) Combination
Fraction is all right and you may re-
greet it if you sell at present prices.
rhe mill is running through about
100000 per month and dividends may
be expected before long, as there is
about a half million dollars treasury
fund and plenty of ore blocked out.
(3) Great. Bend is a prospect merely.
There is some ore being taken from the
leases, but the main ore bodies have
not been reached. (4) Jim Butler and
Kewanas are both good for more
money.
T. p, Napa, Calif.-We have an
swered so many enquiries about the Ne
vada Goldfeld lease lately, that we
supposed you had the information
wanted. The company is not working
a single one of the leases it had, nor
has it worked any of them since they
were all consolidated into the new com
pany. There was some money in the
treasury upon the consolidation, but it
was used in working a lease at Stimler,
on George Vieker's Cottontail property.
In the slang of the day, cit is all in,''
and nothing is being done to protect
stockholders.
H. E. B., Sayre, Okla.-Write w. f.
Bond, broker, San Francisco, about
Dixie. He is trying to reorganize the
company, get some money in the treas
ury, pay off the small indebtedness
outstanding and start up work. The
capital stock has been increased 500.
600 shares, the increase being put to
the credit of the treasury.
A. N. valenciennes, France-The
paper of which you ask is published in
Denver, Colorado, price So per year.
CD We know nothing of the mining
company of which you ask-that is, it's
financial standing and standing of it's
directorate. Write the Los Angeles Min
ing Review, Los Angeles, referring TO
this paper.
"A. H., coppertown. N. Mex.-No
work has been done on the Nevada
Hills East Extension for several