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Show NEVADA MINING LETTER. Goldfleld, Nov., Nov. 22. Tho pi of-its of-its that have accrued to investors In Goldfleld stocks by tho recent rise. In the price of these securities Is variously var-iously estimated here at from $50,-000,000 $50,-000,000 to $100,000,000. Tho largest profits were made by those who acquired ac-quired their holdings at tho promotion period of the various mining companies com-panies operating here when stocks that are now selling for dollars were selling for cents. Ked Top, which is now selling around $5 per share, was sold here originally at 10 cents. Rio-hawk, Rio-hawk, which is now selling around $19, was sold to speculators and in vestors at 25c. Jumbo, which Is now commanding $5 per share, cost tho or i Iginal holders 25c. Forty other stocki of Goldfleld, Tonopah, and Bullfrog originally promoted on a basis of 25c net, to tho companies have supplied as many examples. Tho tremendous profits earned are now seeking investment hero and arr being placed in new companies operating oper-ating In surrounding districts. The educated money, that is to say, the money of mining men on tho ground Is all going in this direction. Within the past two months Fnirviow Eagle was sold to the public at GO cents per share. It is now listed on the mining exchanges of tho country and selling around $1.50. Falrview Eagle's Nest was sold by subscription at 35 cents , per share and Is now selling around 50 cents. Falrview slocks of merit have the call hero now, and now companies com-panies that are receiving subscrip tlons for treasury stock at from 25 tc 50 cents per share aro literally swamped with subscriptions as soon I as their books are opened. The Falr- 1 view district is making good. I Within tho heart of tho Falrview , district at this time aie seven prop erties, half of which could be shipping I, high grade ore, were it not ior tho conservative policy which Is being pursued liv their nianiieiienN. Til- Nevada Hills mine has beon shipping upwards of $100,000 monthly since Julv. the ore assaying from $250 tr , a $2,500 per ton, with occasional shipments ship-ments running as high as $4,000 per ton. The next regular shipper from this camp will bo tho WIngfleld-NIxor property, known as the Fairvlev Eaile, which could be shipping ore which would sack $100 to $500 per ton a considerable nuantlty of this char actor of oro having been sacked dur Ing tho sinking of tho shaft that Is" . .. v . - - , V, " J opening up the prlncjpaFMiortlrt anil ooiun vela ot the" uiuVriut, "Known fife ditf lniteiU vein. "Tffis '"snaf t-fs jju&snig inrough oro whicn is mcrcas-.ii(j mcrcas-.ii(j in ricnuuss with depth, buc,s(iTco us true cnaracter.i.has been1- demon-j demon-j ci at od, the management has .bd'en 'unvoting 'un-voting its entire atu&tion to-opening 'up tno great oro bodies, whicn have peen encountered therein. At a depth of 7t teet the shSrt' being sunk In rough solid oro, nejtlier loot or hanging wall having been encountered. encoun-tered. This shatt is less .than 200 feet n om the Eagle's Nest Falrview. in which tho same vein was encountered a lew days ago at a depth of 40 feet. There is every reason to believe thai with the same depth tho Eagle's Ndst will be able to sack and ship oro equally rich. With tho same vein being opened jp In the" ground of tho llailstoho .onipany, both Sullivan properties" .quipped with complete surface and .oistlng plants nnd under tho usua igprous development methods o. .led President and General Managci ohn D. Campbell, it is safo to place hese two properties as the next shippers ship-pers in tho camp. It is seldom that tho initial year's ievelopment of a slnglo camp has so completely demonstiated the. richness .nd permanency of tho oro bodies, inch. as has beeji dono ..iiiFalrviow. So thoroughly have tho business In-oroits In-oroits of the; cam p been satlsTied'wItir ho truth'of this oplnfon.jjfat ITiey are, now completing' tho ' subscriptions iccessary for the funds needed to onstruct two miles of electric railroad rail-road to connect the heart of tho camp vitli tho town. This -raihoad 'will tap he pilnclpal mining properties," pass-ng pass-ng by the Nevada Hills, the Falrview Jagle, tho Eagle's Nest and tho 'Hall-Uono, 'Hall-Uono, having its upper terminus on or lear this latter mine. Tho railroad vill afford more iapldand econ'omlcnl transpoitation of tho ores of thdo .ropeitles, together .with -those of. tho dromedary Hump, tho Aztec, tlijo Nevada Ne-vada Hills Leasing Company and a 'ew others whosd development has $nt 3$anted .tholr entry to tho tanks ot the snTpplh'g list. 'i lufttlea iB"tiroToiighly In keeping with tlie enterprise which has put this camp in suclf an ehviablo position in so,liortia lltnoJfvWlth'tho coming of the raihbad and ofWmplo water sup-lJUjSfby sup-lJUjSfby means 'of 'a now pipe lino, tho Fairviow' district is 'forging ahead with surprising"' rapidity. General Qoxey, of Ohio, best' known to fame through las connection with tho fa-nfous fa-nfous march through to the capltol at Washington,- but "now a prosperous hlo'iron, manufacturer, spent several days during the past fortnight In looking look-ing over tho possibilities of tho district dis-trict to supply freight and passenger traffic for an'-electrlc lino to connect tho Southe'riv-Paclflc branch at Fallon wlth4Jiomlriing district of Falrview. 'Ho le"lt?J thoroughly" satisfied, that tho camp of Falrview alono could support ksuch nti1 enterprise, to consult with his isoclates in interurban railroad en- erpilses Iii'Ohlo and fiidlnna. He announced an-nounced that there was an excellent irobabllity that a party would be In he field i before spring making tho -pconnalssance surveys. Should sat-sfactory sat-sfactory grades and costs bo secured, ho says that money for tho road will ')3 forthcomint; Immediately. |