Goldfield, Col.—The electric plant of the Smith-Moffat syndicate was started April 21 and is now supplying air for drilling purposes to the Gold Knob, Victor, Legal Tender and Granite mines, all of which properties are owned by the Moffat syndicate.
The works are the finest and most complete which have yet been erected in the West. They cost nearly $200,000. The two engines for electric generation are capable of developing 1,500 horse power, while the compressor has a capacity of about 700 horse power.

Shaft No. 1 on the Gold Knob property at Goldfield is now 650 feet deep, and three shifts are rushing it down to the 1,000-foot point as rapidly as possible.

What will probably be the strongest combination of capital and land in the Cripple Creek District is now being formed. David H. Moffat has disposed of his Gold Knob property at camp, and the same passes into the hands of the people who are reorganizing the company.
Beside a big cash consideration, Mr. Moffat has received stock in the new company for his property.

Cripple Creek Stocks.
5795. (Barton Landing, Vt.) Please report on the Cripple Creek gold stocks of the Gold Knob Mining & Townsite Co., James F. Burns, president.

Ans.: The Gold Knob Mining & Townsite Company is capitalized at $3,000,000, of which there are 300,000 shares in the treasury. James F. Burnes is president and Irving W. Bonbright, secretary. The company owns about 150 acres of patented ground.
Its deepest shaft is at present down 600 feet. The company also owns about 600 lots in the town of Goldfield, the value of which it estimates at $200,000. The properties are in the development stage.

Gold Knob.—It is reported that Lessee Hill and associates have opened two veins on this property in the town of Goldfield at a depth of 150 feet. It is believed that the better of the two veins is an extension of the Golden Cycle vein, which property adjoins the Gold Knob.