The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-02-13
B. NJ. K, Philadelphia.-The rise

the price of the Montgomery-Shoshone'
is due to the improved conditions at 'he
mine and not "a stock manipulation u
YOU suggest. The zine shipped LOO
pounds of gold and 765 pounds of silver
early this month. This clean up III
eludes the savings from all depart
ments of the mill for a period somewhat
loss than a month. The last previous
sbipment was made on the ninth day
of January. The concentrate treat
ment recently installed has proven a
h;g success. 1t is treating about fifty
tons per month, and makes a saving %
9s per cent. Hopes are entertineu Oh
cutting down the remaining : per cent
Two new cyanide tanks are being set
I'm for the use of this department.
There is now no product that leaves the
property excepting the bullion. Inc
new force just added to the crushing
| department has run the tonnage up 10
the efficiency limit of every department.
The bulk of the Montgomery Shoshonc
production still comes from the glory
hole. and will continue to do so tor =
long inn vet to come. A couple OF
men with an air drill are cavlng IN
from the surface enough ore to keep
the great natural bin full.
M. A. B., Grant Works, 1n.-The
Dixie company applied for patent and
the notice was published in The News
September, 1907. A very large amount
of work was done on the ground bus
not a pound of ore developed. This
fact and the further fact that no MIN
ING has been done on the ground for
MANY months accounts largely for the
low price of the stock. (2) The Original
Bullfrog Mining company holds its an
nual meeting ON Monday next. The
company owns its ground through
patent. No work has been done for =
year or more as the treasury has been
out of funds; there is a large stock re-
serve, however, and it is hoped that
times will be better with the new In
terest aroused in the Bullfrog district
and money for work can be raisel
through the sale of treasury stock.
B. M, Peoria, Ill, and others.-Thc
Victor Wonder is at work. A shaft has
been sunk to the 75-foot point. At p
feet there is a 4-foot vein that aver
ages $40. The Humboldt, adjoining the
Victor Wonder, recently made a big
strike on this ledge which was origin
ally opened on the Victor Wonder il
doing assessment work. The latter
company is now prospecting this ledge.
(2) We nave been trying to get a state
ment from the management, regarding
the Nevada Goldfeld Lease company,
and will doubtless have something
authoritative to say on this matter,
shortly.
H. R. W., New York.-We are unable
to give the details of the new Fin;
process to be used by the Newhouse
smolter. Mr.. Fink is quoted as saying
that his invention sis nothing new
but that it represents the refinement OF
a number of metallurgical ideas where
by an ore is converted into bullion in
one operation and where the loss of
neat in the treatment employed is at a
minimum. Mr.. Newhouse says the in
%vention will enable many small proper
ties to become producers. The new
smelter is being watched with the keen
est interest by all mining men.
L. D., Chicago.-The principal hold
ings of the Goldfeid Century consists
of a lease on the Atlanta, on which a
large mount of work has been done
and money expended. Whether the
stock in a company working a non
producing leasehold has ''intrinsic
value, is questionable; the stock GER
tainly has a speculative value at least.
A. G. Mex, Houston, Tex.-No Raw
hide stocks, save one or two, are listed
on the Goldfeld exchange. The quota
ions we print are those of the San
Francisco board.
G. p. M, Folsom, w. Va.-From our
best information all the companies of
which you ask did their assessment
work for 1908, except the Great Benl
Consolidated, which wal relocated Jan.
l, The following are working on com
pany account or by ~leasers: Red Top
Ex., Goldfeld Hub, Kendall Ex., Gold
field Combination, Tonopah North Star,
Rescue and Golden Anchor, and Mont
gomery Shoshone Elk.
E. A. p, Riverside, Midi there is
any ore in the lease on the Atlanta
ground, the Century people will GER
tainly get it, for it is the one lease in
that section that has done vigorous an |
continuous work. As you say, cit has
been a long pull but it doubtless
seems longer to those who are raising
the money to keep things going than to
any one else.
L. M. r., st. Louis Not much doing
ON any of the properties of which you
ask. The work is being kept up on all
OF them-that is the work necessary TO
r