Weekly Arizona citizen., 1880-10-30

ing the week, ana IHe m shown considerable actlYlty' me number of shares sold in both poaros amonnt to 79s.3OS. Interest has mainly ceptered in few ot the Lead vjIIe nroperties-Chrysollte, Climax and kmie-slthough Calaveras and Silver Nugget come in for large share There has been an increase of outside orders, and a more hopeful feeling is spreading among the pub lic in regard to the near future Of mining stocks. Reports of important improvements Tn varlous mines that are now selling at low figures, and an added production in certain cases which would seem to verify these re- norts. are slowly raising the almost fvbansted confidence of the public. If real. important developments are made in some of the mines which are now being reported upon fayorably' there IS nc doubt that the mining stock market will before long become as active and profitable as it has lately heen depressed. The efforts ot stock iobbers to gIve prominence to worth less stocks not only had the effect Of almost destroying pubic confluence but has distracted attention rom those stocks which have the actual merit or returning dividends to their owners. Tn inc majority of cases the manip- uIators evidently considered it neces- sary. in order to become possessors oi inc dollars of the outsiders" to offer for sale lOw-priced stocks, and ;n tbus nlaying for these small stakes and working off their cheap stocks by means of false statements and tcti- lions dealings, have almost succeed ed :n running their business.
 The main feature of the mining stock market during the past week has been the continued active specu- lation in Chrysolite, which opened at 4s{ on Monday, and after frequent fluctuations from day to day between Az and 6, closes to-day at 61s, with sales for the week of 91, 5l0 shares. IL is evident that, as stated in my let fer of last week, the activity in Chrysolite Is due to manipulation, and it would seem that all the bears who were tempted into shorting the stock have not yet filled. Although the mine is now open and the fire has been exlinguished, some of the levels are so filled with smoke that work has not yet resumed; l; consequent ly there can have been no late i'm proYements in its condition to warrant the advance, although a statement issued to day by the new officers of the company, elected yesterday, re- presents that explorations now in pro gress in the mine have already de- Yeloped additional masses of ore; that since the 1st of August nearly S400,000 of debt have been earned and paid, and that the company has a consider able cash surplus over all claims against it. While statements regard ing particular mines may at tunes be taken with some grains of allowance, it is certain that the general outlook for the mining interest of Leadville, according to recently returned capital ists, is much better than it has eyer been before, although most of the I.eadville stocks now dealt in on the boards here are in bad OdOr. The camp it is said, has never before been so busy as at presenct, the prosperity of Leadville not now depending, as 1t did a year ago, upon four or five rich mines, but being derived from forty or fifty good ones, and thus being upon 6 comparatively substantial basis.
 The business Tn Climax has beer larger than of any other Leadville stock with the exception of Chrysolite, the price opening at S1 on Monday, selling up to 97 on Tuesday, and after nuctuating between 90 and 73, clos ing to-day at S5, S5, shares having been sold during the week.
 Annie has also been active, on deal ings amounting to 65,200 shares for the week, selling from 52 on Tuesday up to 61 yesterday, and closing to-day at 59.
 Calaveras has been actively dealt in, though at lower prices, the stock sell ing at 36 on Monday, and reaching 26 yesterday, with closing rates to-day at 36. Sales for the week, 14S, 400 shares.
 Hukill has been firm, st from l. 95 to g. 10 with closing sales to-day at 2. 05, 36, 130 shares having been sold during the week.
 Silver Nugget has been active and irregular, the price ranging from 33 to 40: sales for the week sggregating 9l 300 shares.
 A large business has been done in Boston Consolidated, of the Bodie Dis trict, which sold last week as low as so cents, but under reports of promis- ing developments has sold up to $1.40 thIs week on large dealings, the sales amounting fo 39,S00 shares for the week. Nothing worthy of mention was done in any of the other Bodies. In this connection it may be well to say that the product of the six Bodie mines for September amounted to $2IS, $50, and the total product of the same mines since January 1, 1880, was g, IS5, 200.
 Less interest has attached to the Comstock mines during the week, the prices ruling at the best figures quoted in San Francisco, and evidently being held back by the latter market. There were 660 shares Of Union Con. sold al from 152l to 1612, closing to-day at 151S. Sierra Nevada ranged from 201{ to 114 per share on sales of 1075 shares, with closing price at 113s; 1425 shares of Mexican were sold at from s7s to 9ll; 1120 shares of Ophir al from Sli to SsI, and 9S0 shares of Best & Belcher at from 9 to 9l%. Cal ifornia and Con. Virginia have been less active and close weak, owing 10 the doubt concerning the payment of a dividend this month; 4135 shares of California changed hands at from to 2ll, closing at ? 10, and 67S5 shares of Con. Virginia at from 2.95 to 3, closing at 3
 The Globe District, Arizona, is be- ing rapidly developed, and promises 10 become an important mining dis trict. The Centennial Silrer Mining Company, of New York, whose mines are located in this district, are push ing developing work n their various mines, the Centennial, Yale, Crescent, 1 Webster, Mountain View ard Silver Star, all of which show up very fsv- orably. On the Centennial claim l four inclines from 20 10 60 feet have | been sunk. and from the deepest one