The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-02-12

bodies of Goldfeld. We would not Adj.
wise you to sell your stock on the the.
DRY you speak of, namely, that the ore
is playing out in the lower levels, 70,
that fact is by no mean proven. The
stocks recent break to 81 was due IN
the quasi-panie in New York. Consoli.
dated is largely held con the street,
in eastern cities and when liquidation
requires the realization of quick money
Consolidated is about the first to On
as there is always a market for that
security. You will notice how quick.
ly it. reacted when the panic wa,
checked.
g. p, Los Angeles.-There is one
lease working on Silver Pick ground
and it is looking pretty good. The
much of the other two properties you
ask about. One, the Double Eagle is
entirely out of business, we believe
while nothing is doing on the other.
L. T. c., Canonsburg, Pa.-There is
nothing doing on the Goldfeld Lucky
Boys. The property was under lease
for a time but the lease company play.
ed out and abandoned their rights.
=. E., Louisville, Ky, and Others
Gradual decline of Florence stock is
due to two reasons. One is that no
regular dividends have been paid, al
though after the payment of the divi.
dend in October, stockholders believed
that regular dividends were to be ex.
pected. Second, it is believed that a
dividend will be declared at the annual
meeting March i and stock manipuls.
tors are trying to buy Florence as low
as possible to take advantage of the
dividend. The annual reports of the
secretary and general manager of the
Florence will be made public during the
early part of March, at which time an
official explanation of finances, ex.
penses, costs of mill, mining, milling,
ETC., will be given. The Florence is
without a doubt a valuable piece of
property-one of the best in the Gold.
field district. The management of the
Florence built the Florence mill be.
fore the mine justified it, in the idea
of some mining men, but along the
idea that to get the mine all developed,
or a year or so ahead of the mill before
the mill was constructed, would take
an immense amount of money. The
management preferred to build the mill
and have it help pay expenses of de-
veloping the mine. There has been an
enormous amount of underground de
velopment work done during the past
year, both in unexplored ground and in
connecting up the old lease workings
with the main workings. AS a result
of this the Florence has ore reserves
many months ahead of the mill, and is
in splendid condition. We do not be.
lieve that the present management is
trying to ''freeze outo the small stock.
holders, and are confident that the
coming official report to STOCKHOLDERS
will explain many points which now
appear vague, at least. In mill and
mine managers the Florence now has
two of the best practical men in the
upSt anH nraci1an+ oalbo.k hos o
ognized the wisdom of giving them full
control of the physical end of the COM
pany operations.
G. F, Hoboken, N. 1.-THE Lucky
Boy at the camp of that name is not
the same as the Goldfeld Lucky Boys.
(2) We would advise you to even up on
your Atlanta, also C.. O. d. Consoll-
dated. The Red Top lease stock is no
good. Lease has gone out of existence.
(3) The Doctor Mines company is out
OF commission for the time being.
H. f., So. Paris, Me.-Write to j. c.
Robinson, Coalinqa, for information
about the oil stock in question.
5. w. H., Oregon City, Ore.-We
have had no reports on the Nevada
frlsbee for a long time. (2) Nothing
doing. (3) Can't give you the infor-
nation asked for on the st. Lawrepce
mine, on Mt. Washington. If you can
give us the name of the corporation
the property, perhaps we can
get the nam of the officers of the com
pany for you.