The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-02-13

G. DEF. WATERFORD N.
speak of the Goldfeld Noble IN '"e
Diamoudfeld section" The Goidheii
Noble properties are five miles a'mo''
directly east of the town of Uoldhep'
and at least two miles southeast OF the
Great Bend and Daisy and III miles
southeast of the town of Diamondhei'
almost as far from the Great Bend as
the Great Bend is from Goldfeld. Inc
Goldfeld Noble adjoins the Tognoni
claims at Tognoni springs We do not
mean to imply that the ground Is
worthless. On the contrary it Is gool
prospective territory. We only wish
TO correct a wrong impression. 1t is in
the Diamondfeld district only In the
sense that it is nearer to Diamondhe
han to Goldfeld. We have lnvesti-
gated the relocation of the ground more
carefully and have no reason to change
our former statement. The ground was
relocated midnight Dee. 81, 1907, the
assessment work for that year not nav
ing been done properly. Two men were
employed to do the work, it seems, but
nevertheless they were on the grouni
at midnight to relocate the claims for
themselves. They found two Others on
the ground and compromised, the two
parties taking a half interest each.
Posts were set and the location work
properly performed. Later in 1908
some men representing w. c. Motley
did some work on the ground, but 1t is
well understood among all the parties
interested on both sides here in Gold
field that Motley has lost the ground.
We have no doubt his claims to title are
men to do the work all right, but that
they either neglected to do it in time,
or ~purposely deceived him, presumably
to relocate the ground themselves. Tn
second party, however, had no connec
ton with the Motley interests.
A. G., Newport, r. 1.-The Mill Race
Mining company has ground immediate
" south of Goldfeld. Only work
enough to protect the rights of the com
pany in the ground is being done. The
company is out of funds and like macy
other companies is waiting on surround
ing properties to prove up the par
~ticular section in which its claims are
located. The officers are E. T. Patrick,
president, G. w. Hutchins, vice presi-
dent, f. +. Blake, secretary, A. b.
Cochran, treasurer. The capitalization
is 100000 $40 shares, of which 50O,-
900 shares were placed in the treasury.
The last statement we had showed that
about $4,000 shares of treasury stock
had been sold at Z cents per share, and
that there was $500 in the treasury.
r. M. j., Phoenix, Ariz.-The output
of Cumberland Ely for January, based
upon the returns for the first ten days
of the months, is estimated at 100000
pounds. This would compare with
about 100000 produced in Decembcr,
100000 in November, and $4,000
pounds in October. The latest figures
received regarding costs indicate that
the company is now producing copper
at not more than s cents a pound. While
the company already has railroad con
neetions of its own, having a half in
terest in the Nevada and Northern
Railroad company, it is said that the
projected new road from Ely, New, TO
Goldfield will bring a large quantity Of
ore for treatment to the Steptoe smell
ter, which is owned jointly by the Cum
berland-Ely and the Nevada Consol-
idated company, thus increasing the
revenues of the former company.
F. s. B., Alameda, Cal.-An extended
account of a new development on the
Great Bend was published in last
week. issue of The News and the pro-
gress of work will be set forth in these
columns from time to time. There are
two leases at work. One has ore, as
stated in the articles referred to, and
the other lease is likely to nave ore at
any time, as they are prosecuting to
get Under the known ore body opened
above, from which shipments were
made. The company has never done
any work on its own account, all the
development being lone by l~aase.s,
Lotus and Davis having lone the main
part of the work.
M. M, Springfield, Mo.-The Flor
cnee Consolidated NJ. 4 l.. Co. never
paid a dividend, we believe. When in
formation was last asked of the man
agemcnt of the company the statement
was made that a report to stockholders
was Forthcoming and all information
would be given in that report. The
Florence Consolidated's lease on Gold
field district expired Dee. l, but the
company took a lease on promising
ground on the Broken Hills property
OF Helena, and, we understand, has un-
usually good prospects for ore.
s. F. c., San Francisco The Com
bination Fraction is a mine and has
been FOR some time. 1t had shipped no
ere up until recently Except by ieas-
prs1 hncauSa Of MT having a mill of its