The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-12-18

. Win exercise patience, and allow foz
. answer. No answers By mail.
L n. J., San Francisco.-As you
will see by another column in this issue
the Mayfower mine al Rhyolite was
closed d+own, pending an annual meet
ing of the directors which was held
this week. The president of the COM
pany says there vas not enough ore
blocked out to keep the mill running
and that it was useless to continue OPP
erations under the circumstances, until
financial arrangements could be made
for future operation. Mr.. Eisen, the
president, says the company owes him
directly or indirectly the sum of $780,
600; he claims to have. put up the
money or secured it for the company
in the early operations Of the mine, and
subsequently for the building Of q mill
and he wants to know where he was 60
ing to "get off" before anything fur
Their was done. At the meeting it was
decided to organize a leasing company
for the purpose of taking over the
property Of that corporation including
the mine and mill and putting it on a
firm foundation. 1t is expected that
the new company will be financed by
the first of the year in order that op-
erations under the new auspices may
begin with the opening of the year. The
Indebtedness of the company is esti-
mated at $4,000, which will be taken
care of by the leasers who will have
a charter on the assessment plan. This
latter provision will prevent any fur
Their delay in organization and develop
ment and is a guarantee of the faithful
execution Of the contract under which
the Mayflower will be reorganized. The
mine is reported to be in splendid
physical condition with indications OF
a large body of high grade ore.
@. M. D., Scranton, Pave cannot
say from actual knowledge what the
| S1tNdClOu Is dt luC AOSt 0uACh AAAASs
This mine is in Arizona, and we have
to take the word of others for the con-
ditions prevailing there. A representa-
tive of the company writes: The last
of the mill machinery should have ar
rived at Globe, Arizona, ere this, and
we are daily awaiting a telegram from
Mr.. Harrington, announcing its receipt,
which will mean that the mill will be
running about two weeks thereafter, as
everything is in readiness to install
and run. 1t can therefore be confident
ly stated that the Lost Gulch mill will
be in active operation this month.
While Mr.. Harrington has been await
ing the balance of mill machinery, he
has been very busy developing the big
|Kellner vein and the Badger vein to
feed the mill and to open up large ore
reserves ahead Of the mill. Mr.. Har-
rington is also having the government
survey made on the properties in three
groups for patenting the entire prop
erty. In the opening up Of the big
Kellner vein Mr.. Harrington states
that the vein is becoming richer at
every step and says that the free gold
is running SO high that it bids fair to
even surpass the rich Badger lode in
gold values.
T. MICA, Corning, N. Y.-The "Key-
stone mine0 Of Goldfeld has not been
under operation for a long time. 1t is
far from being a "mine' only an in
different prospect.
B. D., San Francisco.-We< cannot
give you any satisfactory information
about the Piute Treasure Mining com
pany in Lincoln county. Write to
Frank Williams, Good Springs. He is
in a position to serve you.
B. J. s., Indianapolis .-There is a
Commonwealth in Goldfeld, and there
are mines of the name in other dis
tricts Of Nevada, SO we do not know
just the one to which you refer. The
n in Goldfeld is not being worked.
q. B. A., Westport, Oregon-The
stock of the Southwest Development
company is not listed on the Goldfeld
exchange or elsewhere that we know of.
w. W., Salt Lake.-We would not
recommend its purchase.
w. D., Cincinnati, O.-For a man in
your trade we would not recommend
that he come to Goldfeld at this time,
at least.
8. T., Worcester, Mass.-Buy both
kewanas and Great Bend at the pres
price to average up your holdings.
there be any activity in the
local list of prospect stocks later on
you will find these stocks moving and
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