The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-04-16

for some time. Donald Ferguson is in
the east now arranging finances. We
understand there is some talk of a con.
~solidation of the Frances Mohawk and
the Pittsburg-Nevada, but no ofieia,
announcement has been made that we
are aware of.
J.. F. R., Birmingham, Ala-Your
letter has been handed to the president
of the company who will doubtless an.
swer.
D. M. NICK, Oklahoma City-Tbe
sassy Sal has not been operated by
January Jones for a long time, and it
is our understanding that the ground
was jumped, or rather, relocated. j. A.
Houlahan, Goldfeld, might tell You
more about it if written.
M. E. M, Fort Benton, Mont.-rhe
Keane Wonder is doing finely and is
turning out a large amount of bullion
monthly. You know that this com.
pany was mixed up in the failure of
the State Bank & Trust company,
which claimed a very large block of
stock, taken for a loan, at the time the
property was bought by Wilson and
Hickey, the latter president of the bank.
The bank claimed this stock as for.
feited collateral, but the company re-
scented and claimed that the money was
owed by Hickey and WILSON personal
ly. However, the company did actual
~ owe the bank and has been paving
this off and should row lie nearly out
of debt. The mine and mill are in
good shape and making money and
sometime, probably before a great
while, viii be paying dividends.
w. B., Clifton, Arizona-We had
something in last weeks News about
The Third Chance. This company lost
its ground through debt and foreclosure
proceedings. The larger stockholders
bought it in and are now organizing a
new company. They intend to let cid
stockholders buy stock in the new CON-
rany at favored rates, and you will
doubtless hear from the reorganizers
shortly.
j. c., Benecia, Cal.-Write to the B.
+. Scheftells company, Or to the Min
ing Financial News, New York City,
who handled the Goodwin lease com.
pany.
E. J. F., Germantown, Pa.-The
Grandma property is well located, al
though not Immediately within the de,
veloped producing. district. No work
has been done on the ground for some
time, and we do not know the inten.
lions of the company. Write W. $.
Tarbell, Denver, Colo.
j. M. O'G., Duluth-The Kansas City
Goldfeld is not doing any work in this
district at all. The company sub
leased some of its ground to other
leases, who have produced a little ore,
but the Kansas City company is get
ting little or nothing in the way OF
royalties, and is practically out of com
mission. ~ We are much ia the same
~quandary about the Manhattan Nevada
company as we were some months ago,
when we had the matter up with you
in these columns. We gave you the
facts at that time, as we were able to
get them from our Manhattan represen'
tative. The facts as he gave them were
disputed by the New York promoters
of the company, and it looked as if 1t
would take a court decision to deter
mine just what were the actual fatcs.
". I. s., Golva, m.-Would advise
that you make the exchange. Write
Sheftells & Co., New York, if You have
not been given another address. fhe
Bovard property is working and the
stock, while not selling high, has a
market value.
Dover, Del.-You are fortunate to
have Annex stock, for as you will see
by our news column, the lease is max
ing into a mine. There will be plenty
Of time to take out a large amount OF
ore. The ore is rich in that vieinity'
and if a good sized body is opened NJ
as now seems likely, it will make inl0
money very fast. We do not know tne +
market value of Annex stock, but think
1t should sell around so cents shorty
If 1T is not already changing hands
that price. 1t is not listed OF any ex
change. Do not expect to make ~
] on any lease stock. ~ Jumbo Exc
selling around 80 and is worth ''
monay m hos several