, 1880-02-11

methods of proceedng wlIlcl, onrage tho
public, 4nl enco,iraRo legislation hostile to
tlla stock. business Il, general. The lnte Sv-
1nSnS ns @ p5sr S e ssr NrSn s%n1g sgssn5s es4,o
niul tlI!s Is why the change there has lcell 50
iiaynrally received. ltw0nli seeili M though
this wlttihnldlng nf Information from tho
f sason o q f askasss s s t' Vii syf'yeS wsssy yt s
ters from tue Mexican, Union, and other
1lnrt'ltnd mines are published In all Mon-
dny'S papers; hui PERSONS t!sirDlts OF !llldlng
nf'!i about !lcyc'opments to tho southwark
have tn rely ulM,n tint tis,sl uncertain Of
Sources, "prlvn!U Information"
Speaking Of Union relninls inc that
FOlttEH TEE-siiANE
certificnto Of Tint stock hns Just been tltscov.
rrcu, md irncet! to clerk IN tho employ Of
pnny was done. it ID al nxtreirlciy raro &C.
G1r!encr Tor any forgery Of tho certificates Of
California or Nevada mining cntlllmnics To
be attempted; n tho 1lrst place, no broker
purity without lirat, exhibiting tic certificate
ut tho c0nlpnny's Office. III tho second plnce,
brokers alMiost. daily ,pnt their, certificates
III @Gr tGr n,so t. Do slys Or rt r1nnsfrrre
s'ssiacnis, layiscnt ot wiieI ust 6e III; iiS;a,ls
III tho olllcc Of Tic company, tends to prevent
stock re!nnlnlng Mnscrmtlilizrd by tho OIL
Gers Of the company for ,,uiy very
fGisesfa isfes WIFI fT' tho unassess,bs IL ss Hais s i
New York md other Statcs, u certificate OF
stock may bo two Of threo yunra old without
rs rcill'lcnrlnE III tlle g3npany's Office, nt,d
therefore T. h1l%,oves E9scr'' ssoGkholdsrs
forged Grtltlentos. 1t Is lust s well " direct
attention to tllts subject III tlis early stngenf
tho ,Min!ng-sOck business, because IT will
Faiy pc @ sse iat y o|y se,ls III ihe Sot
lttllographing tlio genuine certificates to ron-
tler comparatively oasy the Issuance Ut con.
sltinrabla amount Of bnRus stock. Here,
nWlllE e tt1o m snfeFanrtis aboye mentioned,
ltGyH VI ~ Or II are ihtr1lated Will hundreds
u thousands Of d9!Nrs' worth of sioeks, md
tho business Of delivery and payments Is con-.
dMctg,! with astonishing sinoo.hncss and
celtriiy., .,...--.-,,
tll99 Legislature oc adopted, tho process Of
delivery Will b. tn,ltl slower ono; while,
ny for work ut the HlInc, 1t Acenls Hs thu.gl!
some of tho woultl-bc lawmakers Ind studied
One provision. for Instance. stimulates that
anV lp,n.iie stnritbnitlnr sl,ol1 - ,'n,s ,in" is
Ia entiflrd 10 Will titn mnr in n rn,nnn,.v XIV
With an Expert, to examine iii it at atiy it. point,2.
some s' isrsn n NV bv lin an,ni}ited mr. 10 show tle
minr. mi cxnfntm it, wnrl;in,s ou NJ enuG;ttnu
ns tIln visiting stOckhnftlnr sEnjl rrf1,ir.t''
For each aid every failure or refusal 10 con-
crlpowrrcd III TO sue mil recover iainag.s ia
thnp n,nn,,i,t ns Il CnD tos,th,r " vItf htu
fravriint, nxna,,ses Ia and from t,,n ' Tn,mn '
n,li costs OF suit. Any one cnN sec tl.at,
whcn Important work Ii going on III Il mine,
1t would not bc too much to suppose that
shy Of ten shares Of stock. n,lgI1t. desire to
inspect tho, M!no at that particular point;
md II, m addition to this, tho Superintendent
% s1S be 10 - GSPs& 9 sta S to exp
Know" u Is difficult to see how the work could
bn carried on ut .all. With tic frequency
With, which stock changes. hands on thIs
Const fonr or n.y. persons; e, mIght 10 able to
thu, same Identical, stockcertlacatc. .'r!o
majority Of tho provisions In the various bills
seem TO have been drawn up In tho snne fnl-
practicable fashion; alld Ns every one ati-
is desirable, it would certainly be well were
up une mntter and, institute such changes rs
would satlsfy tho bulk Of their stockholders.
which a. boom sec,s TO have fairly COM
menccd IS in tho shares Of tho Columbus
District Whnt with Mt. Dlnblo ut So
Morthorn De!le Mt .S1l, Mt PotoSi at Se.2M5,
which Is not even yet Incorporated, Ut $l.h3
bid, T. looks rs though TINT district the mines
IN which weru u yenr ago unsalnble ut nl-
most any price, were to carry. Oft the l,onors
Mgain coming to the fore; aud so, TO a Ger.
tain extent, Is Mammoth, OF Lake District.
This has always been n
s,YsrEn1ousIy- AGED PROPERTY.
Observation-Disclosures ia iis miIcnm' cxtrcms rtc,,.
nrss H. huI h"s,n 10 antfnraI ~ 'Iaaiino ~ "a
masHsamamt ant nil ,yhn, ss,,ioriun .ib,,e.H1 ~
arose for ti,o stoc, lusct, IN !. well0nusIe"ti.
"nicG ro1,nri tmnt N, ST ei,nroe ina l'nnm e,,,,-
tirnfei in NAV Tnrlr If ~ shmra 1 uo:S ncnnls
hrrnn m,rtnu rninra1fv H. t,srr3mn thnt aps,',
d! Tia riinni'rn,,v ~ thr t;nifumiir,s" i, Win tSn
syntllcntc thurs would hnrd|y fell disposrd
To sell 10 the public for Sl5O, NO tat for which
they had rultl $500 0O0. The stock roso
MNlthEly and rapidly 10 S4.h0, and would Ger
tainly have gone u 81 hat not snnle nnysteri-
ons parsonage thrown all the stock at pur-
chnsers TINT they could carry. No ono pro-
fesses ta know, how II WIS dune, and yet
certain 1t Is tint Mammoth Is now buck ngntn
to $2.75, md either tho PERSONS who sub
scrilcd for tho stock Of tho New York syn
dicate llnve been. egrcgiousIy fooled,
or elso tho public hero have becn
dupetl in tie lnnst bnrefaced manner.
At tho Office In this city M Information
stood tl1At tic syndicate who took tho above
block Of stock. woro to choose their own
Directors, which would necessarily tlisplaco
hoped that the former part Of the progra,n