The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-01-30
II. v. R., Los Angeles, Cal

mines of southern Nevada anu an 4"
formation is to the effect that the prop
crtv is in excellent physical condition,
with large bodies of milling ore blocke1
out. some $4,000 tons of ore broken
doen in the slopes, and enough ore
actually in sight to run its mill for
years. Some 10000 tons of ore are be-
inc milled per month and plans are BE-
inc put into operation to increase the
effectiveness of the mill so as to handle
/ 100000 tons per month. The company
Is shippinp bullion every 30 days. We
understand that the Shoshone went IN
debt for it's very complete mill and
that the money being taken from the
ground must necessarily be devoted to
the liquidation of this debt before dlvl-
dends are declared, but there is hardly
a doubt that the company will be pay
ing dividends to stockholders for yeas
after all financial obligations are dis
posed of. 1t is a good mine. As to dis
posal of the stock you speak of, we are
not acting in an advisory capacity save
occasionally where we see an investor
is about to sink his money into a ques-
tionable concern. We merely give an
unbiased account of existing conditions
and leave decision to the investor.
S. H. T., Red Bank, N. 1.-THE Man
haitian Union Jack has practically gone
out of existence, according to our re-
ports, having been merged into the
Manhattan Merger Mines compan.F,
which was organized as a holding con-
pany to take over the control of varl-
GUS properties in and around Manhat-
tan, of greater or less value, principally
the latter. In the apportionment, Union
Jack was favored more than any other
company, presumably being the best of
the lot; $50 shares of Merger stock was
issued for 100 shares of Union Jack.
We understand that ~leasers have been
getting some ore from the Merger
ground. If YOU have not exchanged
your stock, better send it to the secre-
tary, j.. A. Watts. (2) The Bullfrog
Trinidad is in the Homestake King and
Gold Bar section, and not far from
either. Both the Gold Bar and the
Homestake King properties are well de-
veloped, and both have mills. We know
nothing of the management of the
Trinidad. The company was put out IN
New York, believe. (3) Hold on TO
your Kewanas. The value of that
property is increasing every day. The
stock on the market may not represent
as much as yon paid for it, but in in
%trinsic value, it is worth more.
R. v. L., New York.-The Parlor
Match Mining 4 Leasing company Of
Rawhide has had its Lease extended Tor
six months beyond the original TERM,
which will enable work to be carried on
until July LIST, 1910. After that date,
the will have six months more
in which to remove its ore from the
dump. Work has been resumed upon
the Parlor Match property from the
150-foot level of kearns No. l, and at
the end OF the current month, the cross
cut driven from that point will have
penetrated the Parlor Match ground 10
a distance of 80 feet.
J. D., Van D., Plainsboro.-Keep your
Atlanta, Blue Bell, Di~amondfield Black
Butte, Great Bend, Silver Pick, Yellow
Tiger and Booth. Sell all the rest.
That is, if you can get any price. If not
put them away. They will never be
worth much less than they are now, and
some of them might be worth more.
Silver Pick has no intrinsic value to
speak of, but should there be a revival
of stock speculation you will get more
money for it than you can now.
J. T., San Francisco, Cal.-The Butte
Boys lease on the Florence is temper
arily closed down. The contractors got
in debt and the president of the Butte
Boys Consolidated is now in the east
raising money to resume. We hear he
is having good success. The company
is working a lease ON the Centennial
mine at Ida, and before the snow got
too heavy was shipping.
T. j., Salt Lake.-The shaft on West
ern Nevada property, located near YER
ington, New, is being dropped to the
30o-foot level in order to open up addi,
%tional ground for exploration. As quick
as this depth is attained crosscuts will
be sent out to cut the ore bodies opened
in the upper workings.
D. G. M, Philadelphia. Operations
have been resumed upon the Montgom-
cry Mountain mine under Instructions
from Samuel Newhouse. and as quick
as the equipment now in place at the
Bullfrog Alliance property can be set
up on Montgomery ground work win lie
pushed with all speed.
N. M. ., Observation-Disclosures
company, working the block of ground
adjoining the Original Rawhide group
at Rawhide, New, has just recently en-
eountered a seven-foot vein of ore that
Is OF the shipping variety on the 100.
foot level. The rock is shot full of free
nall