Arizona weekly citizen., 1881-01-01

Nrv YoRK. December IS.-
 .... NL" ., Ihe mining boards for the
 ,,aet af..lK has been dull, especially uuI-
 ing flle early poruon and prices nave t, III III
 InS 'H +ailen otf. The total safes
 s, Lr,b exchanges amount to 'o+, oOI
 @sar The dull market was malA y
 due to the collapse DOs'On SOIsoi-
 ;datet stock, which Tor seFeIaI uaS
 ,,Ys,Xzed business at the AHeI lCaIi
 f,,ar1 The circumstances causing the
 s,1i,.,.,. re. LriefiA d. follows: Inc S1,,.-t,,,r,, uls recently made ln the p-.t,,u t.uu,OIiualeu mine Marrantcu inc formation Ot pool 10 1uli the stork IL Is understood lhat II. w. N..on < Co.,, nm Of stock eA-
 r,,..,,. itokers, acted as brokers tOi
 1,,.,s.oi nnd under their purchases inc elo, k advanced 10 s3 per sbare'
 Tn yrder 10 raise funds 10 pros ecute the deal it is said Mason & 70, horroweu money on l5,O GOO or EO, OOO sbares of Boston stock rom lrNIh
 u.vis a man whose TascallIes have maa. hIm notorious throughout the couniry. Iu continuing their puI- cha,es Mason & Co.,. discovered, smong inc sIo.k delivered To them, c,.,iitie.,te, which they had hypOth- ecaled with Davis, and therefore re- fused 10 lake any more or Inc sIocA ngrchns,d at advancing prices, unless The same were Teglslered-alIh"uSh few, II any, of the stocks dea.t ln al inc American GUaId OhrOugh which inc transactions were made) ale regis tered, anu no objection oi lhls hlhu had ever btiore arisen. Thus the brokers who had acted for Mason & Co. were leiI To bear the loss, and as a consequence Boston Con. fell, on Saturday last, from S2.oO to Sl-oO, anu an Tuesday Ut this |. eek to e2c, huct- ua,lnr since then between S3c and SllO' closing today al 91c, on sales ol 3l Que shares for the week. 4 few days ago Mason & C.. made a set- tlcmeuI Wlh their credllor,, paying the ,atter D per cent. oi their claims in cash and the remainder Tn nOies at sixt, and nIney days, with the privilege of taki-g z up the notes before that time should they see ft. and receiving the Boston Con. stock involved, winch in the meantime is 10 remain on deposit with the Union Trust Company. The conduct of Mason * Co. Is severely condemned by the brokers, some of whom hint a. colluslon between lhls firm and Davis. As the matter stands, Mason & Co. will have large amount of Boston Con. stock carried for them at a small outlay for from twp to three months, unless the price should before then reach a figure that will enable them to un Uad, when, of course, the ln- debteuness will be paid at once and the stock dumped on the market. Davis, who figures so prominently in this ciOcked transaction, has had a varled experience in this country and in Europe, and his old California ac- ouaintances unite in designating him a consummate villain. Previous to 1865 or 1866 Dayis was connected with Jim Fair, of "' bonanza fame, but about the time aforementioned this connection ceased and Davis became a heavy operator in mining stocks at the san Francisco Stock Exchange and was consIuered a rich man. The principal deal which distinguished him was the deal in American min ing stock, a stock of comparatively litlle value, which he and hIs conled crates ran up from S2 10 about S2O per share, great many transactions be- ing made in the stock at from Sl5 to ST per share. Davis employed d ,F ,...ll l-pArt-n hrnl-..rs and when It was suddenly announced one day that he was unable tO meet hIs contracts, the stock at once fell from ST tu S. per share, and the brokers wh" trusted him had to stand the loss between these prlces. Davis applied for the benefit of the Insolyent Act, and leaving hls attorney 10 carry hls affairs through bankruplcy, left for London. Il is believed that Davis threw large amount of cash stock on the markel at high prices, and thus realized large sum of money. Al any ralr, he uectme n heavy operator al the London stock Exchange, sold Russian bonds short, and Is sad to have made d large io,tune, which some place as high as S4, GOO, OOO. is said that his last visits tU San Fran cisco were made m disguise, for fear that unpleasant consequences might result 10 him should it have been gen erallv known that he was there. There is a general belief here that New York will also soon become too warm lo hold hlm. To say the least, this deal has been an unfortunate one for mining stork speculation, as il has Irade the pubic shy of taking a hand .in such daI zero IS game.
 Other BudI, stocks have been quiet Only 9 shares oi Standard have been sold at S2l.50 BoIe records sales of 1 1895 shares, at S5. l3 to $6.25, clos Ing al $5 25; Goodshaw, $500 shares, al S7c 10 $1, closing at y4c; Con. Pacific, ], 1,4l0 shares, al Sl 90 10 Sl.3O, and Bulwer, 400 shares, at $l 50 10 $l.7O
 The California gold stocks have ruled firm on an average amount O1 business. Green Mountain has sold at S4.S5 10 S4 6, on sales of 1900 shares, and has come forward with its 18th monthly dividend or cents per share. Only 3OO shares of Gold Stripe have been sold at S26O and s. 50 This company also declares divi- dend (quHrterl of 15 cents per share Cterokre has been more active, S200 shares having been sold, and the price advancing from Sl-55 To Sl.7O. Ris- ing Sun has also advanced from S1.75 10 Sl.SO. on sales of 1900 shares.
 Leadville stocks have been fairly active. The largest bushes, has been done in Annie, at from 46c io soc. clos ing at 47c on sales of ll4 ,025 shares. Chrysolite has been active and at one time showed considerable strength, rising from SG.55 10 S7.SS, and closed firm at S713. The reports from this property are again favorable, and the company have on hand here S133, coo in cash. The trustees have decided, however, not to declare a dividend until large surplus has been accum- ulsted, in accordance with their eX- pressed intention upon assuming the management of affairs
 Clsunav hoe bap, fatrly acfiva calaE