The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-08-13

this district since the Rogers Syndicate
lease was closed down through expira-
ton of l~easehold. The Syndicate bought
a property called the Rocklande which
was reported to be a good one at the
time. A mill was erected or partly COM
pleted and work stopped. Since, we
learn, the property was sold for debt.
We know nothing of the other propo-
sition of which you ask.
L. c. H., Los Angeles According to
our best information the Victor lease
at Rawhide is sending out ore to the
| Victor mill in fairly good lots and the
ore runs well. We know nothing of the
financial standing of the leasing com
pany or what are its plans or inten-
tions with respect to stockholders and
dividends.
D. P, Philadelphia--Glad to hear
from you. Thanks for kind expressions
of good will. Sorry l cannot give you
definite information about the compa-
ny of which you ask. AS you know
there are a thousand companies claim
ing to own ground in this camp, three
fourths of which, unless they are act
lively at work, we never hear of. The
company in question is one of them. BE
careful of the party you speak of, but
as you say you knew him in Goldfeld,
you are doubtless on your guard.
l.. D., Loreado, Textile Nevada
Commonwealth company is in a fierce
fight within it's directory. We cannot
undertake to pass upon the merits OF
the controversy. 1t is a good property,
but has been badly managed. A mill
was put up that proved a failure. A
iume was built owe, the mine work
inss, the water pereulated through and
caused the ground to cave. The mine is
now closed down and in care of a
Waterman. An attempt is being made
to ~reorganize the company and put 1T
on its feet. The company is very heav-
lily capitalized-having 100000 0
shares of the par value of $l.OO, and
there is now in the treasury 225,315
shares. The stock sold was at the price
of two and one-half cents.
G. X. N. Milwaukee-In a report on
.t Md. Chomp;on lataIy raeeiypd
at this office, we find the following:
"The Nevada Champion demonstrated
when they shipped nearly a thousand
tons of ore running, without sorting,
nearly 6 per cent copper, that it was a
great property, requiring local treat
ment to develop it into a bonanza pro-
Queer. We found that we were ex
pending nearly 81 for transportation
and treatment-an expense which Few
copper mines in the world could stand.
Work was discontinued until such a
time as the treatment facilities were
improved. The situation is rapidly i'm
proving at this time. At Carson City,
Nevada, Mr.. Yerington is building a
2OO-ton smelter. At Reno, Nevada, Mr..
ILOder is rushing work upon his smelt-
er and reduction plant, while at Lun-
ing. Nevada, a smelter capable of
treating 800 tons per day is said to be
assured. So in the near future we Will
have three smelters, whereas hereto
fore we have been compelled to ship
our ores to Salt Lake. If the plant is
completed at Luning the Champion
company will be able to tram their ores
from the mine right into the smelter
| for less than so cents per ton. This
should effect a total saving of at least
81 per ton on all ore mined. With a
production of 100 tons per day, this
would mean a total of 800 per day to
the company. The property has a vast
amount of ore exposed everywhere.
Those who nave seen this property con
slider that is has the making of one of
the great mines of the state"
N. T. s., Providence, &. I've have
no late data or the r~eorganized Vulture
Extension Mining company, now known
as the Wonder Rainstorm. There is
very little work going on in Wonder
district, but we understand a custom
mill is to be erected which will permit
of several medium grade properties
opening up and shipping, which have
been compelled TO lie dormant be
cause of lack of milling facilities. (2)
Some work is going on at the Frances
Gold Mountain property, under the di-
rection of the son of the former pres
ident and treasurer, Mrs. DIR. Frances
y. williams. whose unfortunate de.