Weekly Arizona citizen., 1880-11-13
Special cOne,pO1deuos Of TIE CITIZEN

sDsgiai COrIetkD4G=4t- ~-
 NEW YORK, October 8O.-Business
 at the Mining Stock Exchanges has
 beeB exceedingly dull the past week.
 although the total amount Of sales at
 ho,t, hoor5s ebows the fair volume of
 eeo 19O shares. But about 70 or sO
 ner cent. of these sales represents
 stocks averaging less than 40 cents
 ner share. and thus the amount of busi-
 ness as measured insdollars and ceuts,
 ;s very small indeed, as compared
 with the hundreds of brokers, clerks.
 messengers aud other emplOyes de-
 neDdent upon this branch of trade.
 Some of the stocks have been fairly
 active hut business has been almost
 entirely speculative. The public seem
 10 be very little interested in mining
 stocks, and although a superficial
 observer might regard the looks of the
 market as showing an improved tone.
 we'll informed men regard the situa-
 ton as far from encouraging. The
 nearness of the Presidential election
 is, of course, also to be taken into con-
 alteration in an enumeration of the
 causes of the present dullness; but this cause would have had little effect fas can be seen ir the old Stock EX-
 change. where speculation in railroad
 stocks. etc. is active and buoyant,) ) had there been any real interest at tsched to the market However, hav- ing been so long devoid Uf promising features. the interest in the election has succeeded in securing and holding the whole attention of that small DOT ton of the public who had been con- cerned at the Mining Boards. There is considerable doubt and uncertainty expressed as 10 the near future of the stock market, but speculation just now in regard to thIs question is idle; after the election " new start will no doubt, be taken, and whether it is 10 be for better or worse is a matter which will be soon determined.
 Ore thing, however, may be looked upon as cerfain-that, nU matter what disposition is made of the '' fancies, which now almost mon opolize the attention of the brokers in the Exchanges, or what the future Of the New York Exchanges will be, the Vaccinations of the mining indus try have too firm a hold upon the Eastern public that any dimInutiOn Of interest ln mining properties on the part of the mOneYed meG of the East need be appFehended. That certain properties have failed 10 fulfill the hOpes that at one time were based upon their merits, will undoubtedly, in the long run, prove of very great adyanta ye 10 the Eastern public. Less dependence will be placed upon the assertions and promises of promoters of mines and the reports of the paid experts of these promoters; less stock will be bought upon the mere state ments of interested parties, and men will themselves examine, or have ex- arained in their interest, the merits of mlnes in which they are invited to invest
 The Leadville properties, which have of late absorbed most of the at- tentiOn of the broker fraternity, still continue to be the main feature of speculation. The apparent desire thus far manifested on the part of the new homogeneous of several of these companies to develop their resources in an economical and legitimate man. ner is having the effect of renewing confidence 10 certain extent Tn mines that have hitherto borne bad reputa- tions; and if these mines continue to b. honestly worked in the interest of the shareholders, there is faint hope, that Chrysolite, Little Chief and Annie will yet become paying properties.
 ChrysOliie has been active and iIreg- ular, with sales for the week of 34, 375 shares at S619 10 SIS, closing at S63s. A dispatch received to-day states that the mine has beer shut down again because Of the fire still existing, and thus DO work has gone forward in the mine. The prices ruling are entirely due to inanipu latiOn.
 Annie has been fairly active and has fluctuated between 55c and COG, clos ing a; 55c, on sales for the week Of 49, 900 shares.
 Climax has been quite active and l irregular and records the largest num- Der of sales made of any of the Lead l vile stocks, viz: Gl, 32O shares. The l price has ranged from 5Sc to 69c, clos l ing to-day at 5Sc.
 Little Chef has not been much | dealt Tn, the total sales amounting to l but 1900 shares, and the stock has | been weak, selling down from S1. 20 | to S1.
 Little Pittsburg has been quiet, with l a shading of in price. An aggregate i of 16lO shares was sold during the I week at ST to Sl .25, closing at ST.
 Leadvllle has been quiet but firm, 1900 shares having been sold at 45c 1 md 50c.
 Of the other Colorado stocks Hu- | kill has been active but at weaker | prices, selling down from S2 10 Sl. .75, ,n sales amounting 10 92Sj shares.
 Bull-Domingo has been strong, sell ng mp from S5 to SC, at which price { closed, on an aggregate of l260 ihares. The recent satisfactory ter nination of a lawsuit that had been bending for some time, involving cer- ain rights in this mine, will, no loubt, have a good effect upon its market value.
 Horn Silver has been strong. selling t $1425 to S1450 Sales for the week 1850 shares.
 The BOdie stocks have been. as a ule, dull and weak. Boston Con, however, has been moderately active nd steady, at from SIPS to S1.35, dosing al Sl 80, the sales for the week mounting to 56C0 shares.
 Bulwer has not been much dealt in, ut is a trifle stronger, S10 shares sell ng ct S1.10 to S1.25.
 South Bulwer has been active at reaker prices, declining from 75c 10 0c on sales of II, 900 shares.
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