The Osceola times., 1881-06-18
fHE kCsH roe EICHEs.
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of tks -2.eatsfoss-


NV TozK, Nay z-N0thinZ q more
-c.sE5r-ty Il EEs.c az elrcie- !u-t loE
.b1n tie .o5tsl revival Q; il;srszs Il
-l-i-s sos,c--ztiC Z. he c1111i1z F11-
Z Is to-Eoszs- tie hEi.srlsss u IL pl-si
sxc-r=-cs. L-d 5 c1Ei-z back 70 i1s
-Ekss 81. god czal q col11e1oz,
-c- ssr---L.-ly Vlil us-s--efzf-e ezz-
l-c, too. within ike pGsl three dzys
L.s Il--= q --=-yo-t-Et Las oo1Terze71
E..h Arg E-Eh<r @; q mining opera
.5rs. = tL- B-uI-EEF 1Z1s= E11 az The
Sc--,sTI-; lose. I1sy are a.! o1!ls,
zET o. s1=z -E-pa1', .szr71s o1l-s- Al
z-sa- .s.Ll t1E- t1ST say zb'o1; he
cuzzE 1,ooz Z I'd E1--h printing BAT
s-I- :: j: s4sy - careful observer 70
see tLE z.sc C ibeIr hopsfulness is
u1se,. zuc. = .-E-ir= revival Of interest
II Mining irvss-relts, Enich { the
result Of ; number q: Gv0ring eircun-
..4rasz. The greatly improved feeling
. svincsc II one Ezy, Dy marked IN
crease c! The vEl1e oi memberships IN
The NsE YORK mining soc. exchange.
La; Ue-ooer, zhsn the depression was
a q. I5E--; point, SEATS went begging
4; S-lr. La. seek sat. was sold for
s. 40 On Saturday s27OO was bid Tor
a SEA- ~ u11s o11ld be had 1t that
5rrcS- I0-dEy. ~nile the ceres spOndent
VS. Z, the exchange, 1900 was paid for
5 s-zl- AID there are plenty Of members
Fh1 .reiici that they will readily bring
s. 10 uS,Jre the season = over. FAINT
ru-1rs have reached here Of another
prospective mining excitement in the
Ees-. No very definite information can
bs obsaned, for the reason that those
Eho are said 10 have the inside infOrIna-
ton are very reticent. IL Is known,
h0Eeyer, that former large operator In
the Iiiils Piitsburg stock and an old
officer IN that company, who tor while
made $500 day by selling his stock,
tod certain friends Of his about two
seeks ago that If he information be had
resolved wss correct there would IN three
months be az Wild q mining craze as
Lasdville ever awakened. A week ago
1T saturday he and two others left the
city fos the scene Of the reported bOnan'
Il Their destination as Colorado, and
a. near a. can be learned vss sitheY The
Gunnison or the san Juan regions. The
public will do well TO study with great
pains and caution any 2dortiy msnipu-
lz;ed excitement Tnere are plenty OF
men Eho know exactly how 10 take sd-
vantage Of boom for the benefit Of their
Own 20 keis, without regard 10 the real
value Of tie properly they are handling.
Conservative dealers who disc0unten-
snce unhealthy boOms and prefer TO see
The market advance on lie own merits
say thai, although some OF the fancy
stOcss have been weedei out, there is
sill too large proportion Of dangerous
SOCKS dez-li In on the exchange. They
s9ezk particularly Of one stock, which
vas selling lasts week at a valuation Of
S,JQ0,oJO !Or the mine, and which Is
nothing more ncr less than a prospect
hole. The Eanipulators Of this stock
are the same crew VINO made 80 much
money out Of gulible people in Hukill,
FreelAnd, ChrysClue, LIJIle Chief and
other collapsed properties.
The public viii probably not be bitten
again SO severely as it was two years
ago, when every mining shark IN san
Francisco came to New YORK and found
en0rDOusly fat pickings here. Isere Is
too much operating stlil, however based
on points, instead Of on careful Inquiry
into the merits Of properties. The best
c.1ss OF brokers, ghJ don't speculate
themselves but make their pr fiis on
commissions, see very plainly that the
iarsighiej policy for the mining stock
exchange is to discountenance invest
ment IN fraudulent or overlooked pro-
pertIes. II the exchange thus gains the
confidence OF the public, Its business will
be vastly increased Tee opposite policy
Will do again Just what It did two years
ago, friIhien me public away and leave
the brokers 10 deyOur each other. Ii Il
Contemplated, therefore. as a step in the
risht direction 10 put H3mestake, Dead
wood, 0Ht2ro, and few other dividend
paying properties on the list Of the min
ing board. These stocks are now dealt
in exclusively on the New York stock
exchange, where, amidst a multitude of
oyershadowing interests. il is impossible
10 deal in them 10 advantage. The in
creasing Importance Of the mining stock
exchange is attracting attention on the
railroad stock board, and some Of its
prominent members are buying seats in
the mining board. B1yton Ives, late
president Of the stock exchange, has
bought a membership, presumably TO
handle Caribou stock, OF which company
be is president The Times correspond
ent learns that there Is not much faith
here in the present activity in san Fran.
cisco OF the bonanza and other Pacific
slope stocks. Ii Is believed here that
the activity in these stocks IS chiefly due
10 the manipulation OF interested parties
who had good reason 10 believe that
public interest would wholly die out un-
less some showing was made. 1t is said
that the san Francisco cliques have pu
up large sums Of money in the buying of
shares. William NJ. Lent has gone back
10 California, and during the summer
will probably make another deal in
Bodie and Mono. Some operators here,
even during the stagnant speculation Of
the past year have struck ii exceedingly
ricn. One gentleman, former resident
Of Chicago, conducted a small paper here
devoted 10 mining interests, wear ago.
tie got the chance to negotiate the sale
Of certain valuable properties, which are
now dividend-payIng, and he invested his
handsome profits so well that he is now
worth $500 600 beyond a doubt. Half a
dozen instances OF similar good fortune
could be mentioned. But as tor the ma.
Jointly of operators, they have made Il
bare living, and are bungrily awaiting
the good time which they are sanguine
Is about 10 be ushered in.
ACANJNF CUOPUS