New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-04-25
MINES AND MINING:
SUNDAY, April 24-F. NJ.

SUNDAY, April 24-f. NJ.
The business that was done at the New-York Min
ing Stock Exchanges last week was OF character
that furnished additional evidence of growing in
terest in mining enterprises on the part OF the East
ern public. There was no general boom in prices ;
on the contrary in some instances there were i'm
portant reactions from the best figures of the recent
advances. The general tone, however, was healthy
one There was an increase In the frequency Of the
visits of members Of the Stock Exchange to tho
Mining Boards which is an indication that their
customers are becoming more and moro interested III
the mining markets. The fact that the price OF
seats at the New-Yorl Mining Board has advanced
to So 900 ia a further indication of growing IN
terest in mining stocks. OF this condition of affairs
spectators are making preparations to take advan
tage by early purchases of good stocks; there also
have been formed Tor are in course OF formatlohl
several pools for IDEALS" in the low-price fancies
For a speculation tie stocks without any real value
may prove, at present figures, to DO as good pur-
chase as any others but outsiders who choose 10
deal in that class of securities should remember that
when the inevitable reaction comes there Will he
rush to SELL with buyers to stop large decline,
while for the good stocks buyers will be found ut
moderate reactions because of real merit which
the stocks possess The San Francisco markets were
fuctuating and irregular all the week through, and
'''N' '''
the prices of a week ago. There was no news made
pubc concerning any developments at the Com
stock lode, and the San Francisco papers generally
still hold the opinion that the recent " deal ut the
San Francisco Exchanges made for the purpose
of encouraging stockholders to pay the April assess
ments Nevertheless. there are persons who shoud
be we'll informed land We believe that they arel who
assert that a large find " has been made and CON
Cealed in one or more of the COmStock claims, the
announcement Of which, when made, Will create as
wild a speculation Us that Of two years ago this
summer
Ycsto rdays markets nj the Ncw-YOrk Boards were
unusually active for Saturday. Irlces were some.
what Irregular but upOn the whole were firm or
tie Lcadyillc stocks, Rig 'ttsburg conspicuous
because Of large dealings and further advance 70
g. 20 but il closed nj 80 against 10 Friday. Hi
hernia was active and lower declining from Lao eX
dividend to 30. Lead Vile Consolidated was steady
at / SOa 90. closing unchanged at l.N3. \ large
business was Done in liOrcnsc NJ 59G % cents, ana
Climax sold in mode rate amounts nj Z "a 20 ccntS
OF other Colorado stocks llukil was weak n LOG
Ito. A speculative movement was developed III
Lacrosse which advanced its price from 20 10 80
cents The COmstock shares were IN good demand,
but generally at lower figures; Consolidated Nir,
ginia at 2.3j42.55. California at 1850 l.}O ani
Sierra Nevada AT / Il: but Mexican was better AT
SIsa 81 Oriental Miller and The State Line vnric
ties were strong: Miller mp Ia id3i1, and state
Line Nos / and To go n 30. OF the California
stocks Mariposa reacted t. 10 but closed strong at
: Green Mountain was steady NJ Ga. Rising sun
lower at q 75a -. Gold stripe lower ut 2Sj. and
Cherokee frmer at l.9j. The markets generally
closed strong.