The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-12-31

now in fine shape, and attsp.;o.
been turned to deep mining. Thu m.
ence is virgin ground below a5o
depth. Lateral work has now h..
started at 500 feet depth, where. .l,..
to the shaft, a fine body of milling ~.
has eeen encountered. Work of get.ios
under the ore shoots that were 40
ductive II the upper levels, at DEPTHS
of 500, 600, 700 and 800 feet will nov
be rushed, and as this virgin ground
from which the cream has mot H.
taken by leasers, is opened up, the Fo,.
enee will begin to make a great urs.
duction. In the meantime the prouertv
has a fine 40-stamp mill and - An.
surface equipment and three-compa,t.
ment shaft as can be found in the vast
all paid for.
w. Q. NJ, Racine, Wis.-Read An.
swer to w. II. r. on the Florence. II
is evident that the low price Of the
stock is due to stock manipulation bv
the New York brokers, who play uuoa
the lack of dividends this year in OF.
der to brighten stockholders. At the
same time certain New York ~interes.a
are trying to get hold of the control Of
the property. 1t is more than likely
that the stock will pay out much high.
er than the price you mention, and the
present paper loss you mention is mere.
ly temporary-not real, in fact, unless
you should be forced to sell at present
prices. (2) Combination Fraction Is
steadily milling ore. but the life Of its
production is a matter of conjecture.
Its management gives out no informa
ton, and the general impression is that
Fraction is weak, especially as 1t
owns but a very small block of ground
only about one-third of a full claim.
Subscriber, jamestown, N. W.-The
&c. O. d. Consolidated is counted one Of
the good pieces of property of the Gold
field district and adjoins the Florence,
Atlanta and Consolidated estates. The
company owns four full and one frae-
| tional claim, in a solid block, and has
made considerable product,on. I've
sets of leasers are developing the
ground and some work is being done on
company account. Much milling ore Is
being developed on the property BY
these operations, and a 50ton null
will soon be constructed on the ground.
Preliminary building operations are IN
progress, we believe. Inspection Of
the workings justifes the belief that
there is enough ore in sight to keep
such a mill running a long time and At
a good profit. In fact, milling facii
ties are what the company needs IN
order to be a good, steady producer
1t is understood the company has :
large treasury stock reserve, but INC
exact figures are not now available.
H. M. w, New York-One set Of
~leasers is at work on the Goldnela
Daisy at the present time. 1t is unoe1
stood that arrangements are being maze
-..wraa
to reorganize this company and resume
active operations at lepth on company
account.
R. r., Cohoes, N. Y.-The News wa
not advise the purchase or the sale =
any stock. There is a poss'bliIy 'A'.
the stock you mention is 4 good Duy
present prices, yet it IS SO ins0issa
through the Rice schei.els concern ~
it is hard to tell rhen it ~. sho"
healthy and normal tone Oh the m3lAes
The property evidently has the mas
of a good mine, yet is carrying
r.endously heavy capitalization.
J. L. p, Tacoma, Wash.-The nar
a City Goldfeld Mining e0n'a
which operated 4 1889 here II ~
DAYS is, we believe, still. IN eSis.s"s
but not operasi e At this time wv
to the secretary Of the company
Augerman, Goldfesd, New.
C. C. p, Des Moinos, Iowa-in'
look for c. o. D. Consolidated
bright. See answer to "SuOsciiD''
in these columns.
F. s. M, Greene, .. Do ~ ~
lanta is being st ably developer
six sets of leasers. The company
spending no money and its trea,u,' :.
in healthy condition. Two s sooo u
the property are to be sunk 70 -, One
more feet in the near future. p,,s
set of leasers is working on 4
Bull. encountering small strlngs,s
ore. go One set of leassrs ~..ts
some work on the Blue Ben s0m0 IN IN
400 and work is presumably Sun ..xt
win cover the grounu a
AAH4 UA