The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-02-26

Hams is now at the France Gold MUM
tain property, working away with d
small force of men, driving a tunnel ID
catch the vein which showed up So
richly at the surface. We do not kno"
the financial condition of the company
or what its ultimate plans are. Company
affairs were sadly interrupted by TIE
death of the president, Mrs. Dr.
Frances Williams.
=. M. c., Portland, ore.-Rice and
his associates have never compietei
payments of the Rawhide Coalition VI
the s239,OOO to have been pald' oniy
s16s 900 has so far been forthcoming
T. j. A. F., Dayton, o.-The Round
Mountain Daisy was sold to the
Round Mountain Mining company, the
big company of that camp, for 6O,ooo
shares of the treasury stock OF the
latter company, and the stock was sup
nosed TO have been distributed pro rata
among the holders of Daisy stock. III
Won are a stakeholder and you did no.
get your Round Mountain stock, IN ex'
change. you should write to X. l.. Col
burn, Goldfeld, Nevada.
]. O.. c., Wichita, Kas.-BaDy FLOR
ence expired with the termination OF
its lease on Florence ground, and IFS
stock is now worthless. Same may be
said of the Higginson M. & l.. company.
10Y Nothing of consequence is being
done ON the Manhattan Whale or Grape
Vine, Mining company ground.
J. d. Van D., Plainaboro-There IS
good chance of several properties IN the
~neiphborhood of the Consolidated es-
tate making good; for instance, the
property of the Merger Mines company,
the Booth, Jumbo E., Atlanta, etc
Watch the paper. All these companies
are active and their ground being work
ed with prospect OF early success
H. G. W., Atlanta, Ga.-Sell your
stock if you an.
H. F., o'C., Colorado Springs, Colo
There is no development work beins
done on any of the properties OF which
YOU speak. The unpatented grount has
been protected by assessment work, ex
cept in the case of Red Top Fraction,
which. we believe, was lost to the com
pany by non-performance ce work.
T. H. c., Birmingham, Ala.-We can
give you no satisfactory reason for The
low price of Round Mountain Mining
The mine is in good condition with
upwards of three-quarters of a million
ore blocked out, the mill is making y
good saving, and more than dividends
are being taken out every quarter. 20
No work is being done on the Goldfield
Columbia ground. 1t is west of the
Columbia mountain fault and work is
not being prosecuted, possibly becaus.
nc ore has ever been opened up west of
this intrusion.
F. c., Fernie, B. C.-Both the Gold
field Desert King and the Royal Gold
Mining companies are defunct. VII
ham j. Brewer abandoned Goldfeld AMI
lis interests (?) here some two years
He is now a broker on l.,
Street Curb, we understand.
L. L. c., Birmingham, Ala.-You will
see in this issue where the Cook bank
has begun action against the Sandstone
and Kendall for money owed the bank.
This is the first step in the re~-organiza-
ticn plan. The bank will bid in the
property and turn it over to the new
company. The new company will is
sue assessable stock to the holders of
Sandstone and Kendall, in exchange
for stock in the old companies, and at
the same time will make an assessment.
The bank will be paid what is owing
to it from these assessments and
enough in addition will be realized, it
is expected, to furnish a development
fund.
e. L., Philadelphia.-No work is be.
ing zone on the heWanaS at present,
but we understand one or more leases
are to begin operation soon.
L. H. A., Fresno, Cal.-We would not
undertake at this time to report fully
on the Florence, as the annual meeting
OF the company takes place next Tues
day, March l, when a complete state
ment, we understand, will be issued to
stockholders. The last dividend was
paid on October 25, and none has been
declared since that was paid, being
some weeks over the quarter. The
mine and mill seem to be doing bette,
right now than ever before, and we
look for a dividend at the annual meet.
ing.
I. B., Bath, N. Y.-If you will read