The weekly miner. [volume] (Butte, Mont.) 1878-1881, 1880-10-26

NsstAhN ~ - W A4tSO A1AtVkO 9
with 10000 majority, on a liberal calculation,
and the democrats will win the state BY
about $4,000. This state settles it.
To-nigi, Grant will review the parade of ,
the boys in blue which promises to he a large
turnout. But the parade of the democrats
two weeks ago with over 10000 men in line,
was the great event, 1t being the largest
parade ever witnessed in New YORK. They
were passing my residence un; il 2:45 in the
morning and commenced at 0 p. m.
This election of president ev.ry Jour years
IS a great calamity. 1t Vnse;;les business aud
ruins :. ade for that particular season. Large
operators both here ard in Europe do not
know which way the Eat will jump. If an
en- rely new administration comes in, they
may have a new financial policy, although
better than the one % existing. Aud If he
republicans retain Their president he may
have a new man to financier the COVE nmen.
who has al entirely new policy. Ten years
and one term seems to be the popular wish.
l cannot for the life Of me see IN this par;ic-
ular election how it is to effect the price of
good railroad securities or grain or cotton.
Republicans, however, figure out that the
price Of all these things will be ruined IN the
eve ut of democratic success. As q rule the
people here think the rOun: y would be safer
with Han ok than win q man accused Of
perjury and cor UPTON. Has the $40 business
81 uck Montana yet? Here YOU W | see 1t on
every day, post, board and cu;b-stone. The
republics get wratby owe it and the demo.
c:a:s do not know what it means and ask the
republicans for an explanation. The caba-
last'c figures, 329, is 'lhe writing OH the
wa'.' My idea is that he silent vo.e will
be Overwhelming: Y fo- Hancock aud his cleo
tora' majoi ity will be large.
There are MANY Montana people here at
present attending to their mining interests.
Alice, of Montana, is selling at $3.50 a share;
Bonanza Chief is selling at 80 cents, which
is $500, 900 for the properly, and Alta-Montana
is selling at $3.50, which is $750,O00 for the
properly. Horn Silver, Of Utah, is selling al
) $14.0O, or s. ,60O,000 for the mine; Empire
of Utah, at $3.75, or $4,000. s. 100000 i.
a good pile of money to pay for Horn Silver
Ontario, of Utah, is bringing $500 a share
while Homestake, of Deadweod, is bringing
$50, 90 a share. But the great mine, supposed
} 10 he, of this country is tine Contention, o
Arizona. The stock 6 few months ago wa
offered at $500, and to-day It IS $500 bid
They have just measured up $lO,0O0,OO
worth of ore in sight.
Arizona stands better with the New Yorl
$ public than any other min. ng section. Gu
Of s. mines stocked on this market from Ar
zoaa, II are either paying dividends or Gre
at.ng a surplus. Leadville produced Ia:
month a million and a half of balloon, bein
the Ia. gest month. That certainly does ne
look much like the camp is playing out. BIZ
people have had their confidence teri.b!
shaken when they bought q stock like Lift
Chief at $26 u share in February and to.da
sell it at Is cents. Chrysoli.e, which was n
lncn. lis to-day selling at 81. Little Pit,
burgh, which was $50, is to-day 81 30: ar
many other stocks have shrunk IN like pr
portion. These things, you see, only hu
the mining business. If the papers of MOI
tana will assist in exposing fraud whe
worthless properties are being offered for sa
here, they will contribute much towards pu
- ting mining in this country on a solid foun
alton. There is no valid reason why u
!. mining stock market cannot be establisht
= on Just as sure q basis as the railroad al
q ain exchanges. 1t can be done If the !
f%uential papers Of the territories will prong
ly expose every fraud which comes TO the
" notice, NEW YORKER.
;, New YORK, Oct. IL.