The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-07-23

Reader, San Francisco.-Your %insinu-
ations not relished. The Jumbo Ell
tension is a fine a property and was
extracting the ore we claimed at the
time the article was published. Lock !
hart or no one else is giving out $50
pieces of silver" to the News or to its
editor, for publishing anything in this
paper. BY the way, when Jumbo Elk.
was selling at 40 cents, everything else
was selling higher, we believe, and this
| stock only went down with the general
market. You will find, if you are in
the mining and stock buying game, that
stock prices do not always correspond
I with mine conditions, and that a news
paper is not and cannot be held re-
sponsible for stock manipulations. Ii
we knew what was going on on the
inside of stock deals, we would have
been rich from stocks long ago instead
of stock poor. Stock jobbers keep their
inside deals away from the newspapers;
they are the last people they want to
have get the news for every honest
paper would expose the deals. But
don't weary of your Jumbo Elk. Be
fore the weekly reaches you there will
probably be something doing in the
stock to your advantage. Hereafter be
slow about charging this paper with
dishonesty or insincerity.
j. G. p, New York.-You will find
some gratifying news in today's Weekly
of the Florence. The "old girl could
not always keep from the public eye.
This paper has always published every
thing authentic we could get about Flor
ence, and about other mines, but if a
mine management lives at a distance
and gives the local manager instruc-
tions not to let anyone into the prop
crty or to give out no news TO the news
papers, you will readily see why the
ne are not full of the exact
inside conditions of a mine, from week
to week. But as to the Florence, the
News has always been treated literally
our men nave had access to the mine at
all times, but as a matter of fact the
work at this mine has been of such
~methodical and prosaic nature that
: there has been little of interest to
print. Development work has gone on
right along and the opening up and
proving of low grade ore bodies has pro.
crossed steadily but there has been nc
high grade discovered or nothing sen
s~ational in the mine for a long time.
!, until the past few days. You will find
enough in todays paper to satisfy the
most craving for Florence news.
:. w. H. Fl. K, Elco, Pa.-Would ad.
wise that you sell your stock. 1t might
sell a little higher in response to gen
; eral market conditions, but mine con-
} ditions will not likely put it up as it
{ does not look to us as if a mine will be
made on the property.
L. p, Bush Street, S.F.-We do not
5 make it a practice to give information
I to nonsubscribers or even to subscrib-
} ers, by mail, as we would have to run a
regular correspondence department and
keep a staff of experts for the purposes
Of the dear public, which would prove
expensive bushes to us, as you must
realize. If we were in the stock bust
J ness and soliciting orders from custom
, ers, we would be warranted in keeping
a correspondence bureau, but as we are
publishing a newspaper for our sub
scribers and devote a department in
our paper to answers to queries, which
our subscribers are at liberty to use,
we must confne our answers to these
columns.
B. F. s. 4 CO., Milwaukee.-The
Goldield Somerset Mining Co. was one
of the fotations of the A. L. Wisner
Company of New York. The company
did considerable work from time to
time, but never produced any ore.
They had several pieces of ground seat
tered over the camp. The company
had a capitalization of 100000 shares,
with 100000 originally in the treas
ury. They had ground all told of about
400 acres, as follows: Somerset and
Hunch Bell claims, Goldfeld; Lookout
claim, west of the Sandstone; Even
ing Star Nos. / and 2, south of Gold
field; ~one-quarter interest in four
claims, Davis group, Diamondfield sec-
ton Gold6eId. R,ola Nos o 81 .