The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-06-25

in prospect work. A strong bull eam.
paign for Coalition benefit is Oh at mi.
time, and it appears as though tb;.
stock is due for a strong rise. alo,n
with other low-priced Nevada preeiou.
metals stocks.
e. j. F., Germantown, Pave wop,d
hot advise you trying to sell any Of
your stocks at the present time. All
prospect stocks are down now. and
the turn for the better is expected bv
fall. (2) We have a late claim man
of Goldfeld which is sold at ST.. II
will give you what you want.
E. d. B., Minneapolis-The properly
is a good prospect, but not much work
has been done on it lately.
J. c., Benecia, Cal.-Write to B. y
Scheftells & Co., New York City. for
information about the Nat C. Goodwin
Leasing
w. c., McA., Monongahela, Pa.-Tha
Great Bend is being worked by two
leases. LOTUS and Davis worked the
property for years under lease, spent
about 1925 ,000, and had to abandon
the deep workings after trying with
out success to control the large flow
of water that flooded the mine. The
present leasers are working above the
water.
B. M, Hancock, Md.-Our best in.
formation is that neither company is
working its property.
B. M, Hancock, Md.-The Manhst-
tan Merger company is a holding com.
pany that was organized to acquire
stock in various mining companies by
issuing its own stock in exchange.
Literature sent out by the company
some two years ago showed that it was
offering its stock, usually at par, for
stock of the Union Jack, Manhattan
National Bank, Hearst-Jaggers com.
pany and Topok Gold Mining company.
The Manhattan Mizpah failed to come
into the agreement. At this time we
have no definite information as to the
extent of the company's stock holdings.
The offices of the company were in San
Francisco. Will look up the Dexter
4 Wonder. p
j. R., Santa Rosa, cal.-We do not
ask or accept a fee for reports through
these columns, and we cannot accept a
retainer" for special service. When
money is sent to us for such a purpose,
1T is credited on subscription. ~
Since the original undertaking to re-
organize the Double Eagle and Big
Elk, we do not think anything further
was done. Probably enough money
was not received. (2) A report will be
sent to stockholders of the Esmeralda
Copper company very soon, we are in
formed. The property is being worked
right along.
+. B. c., Philadelphia-The MARI
view company is not at this time op-
Grating its property near Hawthorne,
having expended all the funds in It's
treasury. We are given to understand
that something like $1,000 has been
expended in development work on this
property, $4,000 Of this money coming
from sales of stock, $1,000 from re-
turns from ore shipments, and about
$Z,ooo personal money of the promoters.
There is a shaft 100 feet in depth and
some hundred feet of lateral work. The
company owns five claims upon which
the assessment work has been done. At
about 70 feet depth a vein was en-
countered from which about so tons
OF ore, running from $40 to 800, was
shipped. One of the company officials
states that the company was capital
lied for 100000 shares of par value Of
81, and that 500. 900 shares were placed
In the treasury, and these added to by
a donation of 100000 by the organizers,
making 100000 shares originally in the
treasury. The stock was placed in the
market at 6 cents, with the provis'
That If the property was placed on a
paying basis, those who bought treas
nry stock on the start would be given
III cents per share before the organ
izers received anything, thus giving
tnen a profit of 4 cents per share. A
commission of three cents per share
was paid for selling the stock. We are
soid tnat the sales agent on his own
responsibility boosted the selling price