Weekly Arizona citizen., 1880-11-27
so,c,sl Correspondents Of TIE CITIZEN.

mining boards amount to aoOuI 0VO'-
 900. Prices, however, have been
 irregular, and the majority of stocks
 close at lower figures than ruled last
 Saturday. The dealings of the week
 have been decIdedly disappointing to
 those who anticipated an advancing
 market directly after the excitement
 attending the election should have
 subsided. The market is still largely
 q brokers market, and a great deal of
 the present business consists of ficti-
 tious transactions. It is impossible
 to estimate the proportions of bona
 fide sales. And this state of affairs is
 likely 10 continue until the stock
 dealing public become thoroughly
 familiar with the merits of the prop
 critics offered for sale and the reputa-
 lions of those controlling them ,sand
 avoid purchasing stock in those fan
 cies which have the reputation of
 being manipulated in this manner.
 The stocks in which the largest trans
 actions gre at present recorded have
 the uame of being of this class Hav-
 ing no intrinsic value, they are, to
 ibe outside pubic, a " gamble, pure
 and simple, while the insiders are, of course, governed in theIr movements
 by the fact whether the bulk of the outside orders are on the " long" or
 short side; if the long orders predominaie, they depress the stock; while if the outsiders have been reck- jess enough to sell a certain number of shares short" the stock will ad- vance materially upon what the man. ipulators are pleased to call favor able reports from the mine;" and, in either case, the money risked by the outsiders is scooped in.
 The competition between the two rival boards, and the consequent desire to make the volume of business of each appear as large as possible has also much 10 do with the great num- Der Of fictitious sales, and Il would doubtless be to the best interest of both boards if the negotiations now pending, looking 10 the consolidation of the two boards, should prove sue fFrN hu from the two boards have met and and adjourned until next week.
 The chief topic of the street is still the Chrysolite fire, and the tele- graphic news received from Leadville exerts its influence upon the Leadville stocks from day 10 day. Some of the Leadyille papers and large portion Of the publlc consider the present con iilion of the mine the result of bad and of collision between he manager and bears n in the stock here in New York. Others, how ever, and among them some of the oest-kDown inning men, contend that .he manager is cOing all that can be lone to eXlingdish the fire.
 The Mining Associated Press dis patches of last night from Leadville tate that the situation On Fryer Hill s extremely critical; that it is feared hat the Little Chief, Little Pittsburg md the north workings of the Chrys- lite are in great danger, and that 'reat excitement prevails. The un- condition of the mines on Fryer Hull is no doubt largely due 10 be discord existing between the man. gers Of the various mines involved. )n Thursday, tor instance, a writ of | injunction was obtained by the man. l ger of the Little Pittsburg against l he Little Chief, ordering all shafts of l be Little Chief closed. The writ was, l iowever, disregarded, and the blower l ieing started on the Daly shaft of the ! little Chief, an upcast was at once l reated, thus clearing the latter mine | I smoke and gas, and giving the 1 Amie time 10 protect her ground. | iesterday ground between the Little | Thief, and Carboniferous claim was l lso blown down by Manager HerrIck f the Little Chief, and another blast | Gss to be fired if necessary.
 Chrysolite stock opened on Monday | S65s and sold up to S7I4, closing o-day at S412. Total number of hsres sold, T, O25.
 Annie has again been active and ieRk. opening al Acc and selling down } 37c, on sales amounting to so, $50 lares.
 Climax has been active and irregu- IT, fiuctuating between 52 and 45c, osing to-day at 4Sc. Sales for the eek, 25, 725.
 Little Chief has been active and ir- ,gular, opening at 95c, selling up to l .85 and closing to-day st SSc. To- ! sales, II, TAO.
 Little Piiisburg has not been much ealt in, 2300 shares having been sold
 from S2.50 10 S1 SS, closing at g.
 Of the Colorado stocks Hukill has cen active, irregular and weak, S650 lares selling at from S190 down to I.65. Silver Cliff has been active Id irregular at S2.S0, S255 and 40, on sales amounting 10 5450 lares. Only 200 shares of Bull -Do- ingo have been sold at S5. SS and $5.
 With the exception Of GOodshaw i'd Boston Consolidated very little as done in the Bodies. The activity
 Goodshaw was of course due to the @ which occurred at the mine on 1esday last and which burned down @ hoisting works. Before the fact
 the fire became known on the street e stock was run up from roc to 80, but on Wednesday fell to 65c Id closes to-day at S5c, with sales r the week cf1S.775 shares. Boston ,n. has been fairly active and steady, 40 shares selling al from SIPS 10 .15. Bulwer records a total of l240 ares sold, at S1.S0, Sl.20 and $1 1.SO, q South Bulwer 600 shares at from c down 10 35c.
 Of other California stocks Green ountain has been quiet and steady, shares selling at S4.S0 and S4.9o. .laveras, the pet fancy of the New 1Tk board, has been active and ir- gular, at from 20c to 2Sc, closing st c. Sales for the week, 111,400 ares.