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

The Goldield mining district and
camp will end the month of June anil
the first half of the current year with
a record of approximately $7,l40,000I
gross production. and a proud dividend
record of 1864, ,0ss paid and another
$1,779,549 posted and soon payable,
making a total in dividends paid and
declared during the first half of 1910
of $5,463,647. This is a record that is
not equalled by another mining camp
or mining district in the entire world
during the year 1910. In fact, the per
formance is such as to justly draw and
the attention of mining men
the world over to Goldfeld and its ad-
joining territory, as it shows that the
camp of Goldfeld has gotten down TO-
actual mining, and that the camp is of
genuine merit. 1t has been proved
during the six months past that the
ore deposits of the Goldfield district 10
go down; it is being proved that the
Consolidated and Florence do not
cover all the ground of great possibil-
ity in the district, and with these con-
ditions in view mining operators see
that the time is ripe for them to take
the advantage given them by the op-
erations in the producing mines as to
knowledge of formations and condi-
dates, and start work of developing
other paying mines in the district.
The production for the camp looks
very one-sided when it is noted that
the Goldfeld Consolidated Mines COM
pany alone during the first half of the
year made gross production of $6,500,-
900, and is sponsor for declared and
paid dividends during the same period
of $5,358,647. There remains but $685.
900 in the dividend column, and this
was paid by the Goldfield Florence
company, which during the six months
made a gross production of approxi-
mately $5S0,000. Leasers and small
company operations throughout the
district are responsible for produc-
tion of approximately 100000 during
the six months.
Predictions as to production for the
remaining half of the year are but
guess work, but provided that no
new producer of size is put into life
before the end of the year, the Con-
solidated should raise it's record for the
first half of the year by more than
$5OO,000, giving it total of 100000
for the second half; the Florence
should keep up its same figures and
better them some; and during the
month of June Combination Fraction
again Joined the list of producers, and
should come through with a production
of 100000 for the last half of the
year. When certain development work
is completed in the Goldfeld Annex
lease on the Jumbo Extension it will
be back in the producing fold, and
$4,000 can safely be added to the pro-
duction estimate from this property.
The small operators will probably keep
up their end with another 100000, and
this will give figure of $S,0l5,0O0 for
the second half of the year, or total
production for the district of SIS, 1885,
900. Where is the camp that will
beat it's
The first half of the year ends with
35 leases in active operation, and
company operations, aside from the biz
mines, in progress on seven properties
well toward the center of the district
and at any time any one of these out
side properties is likely to come into its
own and help swell the production of
the camp to almost unbelievable
figures.
Three leases will soon be operating
below 1000 feet depth, and still another
deep lease shaft is in prospect. Gold
field has found it's second wind, and
even though ever since the hard days
that followed the panic the district has
been left to work out her own saliva
ton, is loudly bidding for public favor,
which favor seems TO be turning toward
the desert state.
Goldfield Consolidated stands in
class alone and as the greatest gold
mine in the world today, no matter
what be the angle whence the view
point is taken. That the New York
stock exchange has reported favorably
upon listing GOldfeld Consolidated IS