New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-20
A GOLD CRAZE IN COLORADO.
RICH FINDS REPORTED IN THE Soul n
ERN PART OF THE STATE.
SENATOR TELLER BELIEVES THEY WILL EcLlfSH
ALI. PRESENT GOLD-BEARING MINES IN THE
woRLD-EXCITEMENT ALSO HIGH OVER

iA~i-'fi<''
ALL PRESENT GoLD-BEARING MINES IN THE
woRLD-ExcITEMENT ALSO HIGH OVER
CRIPPLE CREEK STOCKS
Denver. Nov i9-Major W. S. Peabody has
brought here some remarkable specimens OF go'o-
bearing from Archuleta County. In the sou',e m "
part of the State. 1t averages on the surface y
ton, and persons who have examined the VEN say -
is 1000 feet across. Senator Teller who rece",''
visited the region is enthusiastic, and believes 'ne
field viii eclipse all present god-be regions
I'm the world
A mnng-stock craze Is now fully on In TINS o''te'
and some people predict that the Wild days VI w
Comstock Lode excitement VIII be repea'eu "
ceeded before the winter Is over. Three eAo"e
in Colorado Springs and one each IN Cr.pPe 49,,
and Pueblo. unable to meet the de"a"'
mining stocks. The craze has become 80 s' ,.s
induce the Real Estate Exchange to tur" ''
attention to quotations of Cripple Creek STOCKS
The Denver Mining Exchange began yesietua! ~
hold two daily calls The brokers are s"''"P. ,
with orders one OF them complained that "e ~ ,In
not fill a single order list calling LOT wv.
sha~es. because the stock was not for SAFE ~
other broker said that his commissions now amou'', ,
10 900 a day Brokers In Colorado Sprlnss an
Denver are turning away orders which tney nav
nc time 10 attend TO. The struggle Is 10 ouy
stocks few selling except at a heatny au'''
This demand for stocks comes from all ciaSs'' -
people from servant girls to bank clerks anu
from staid conservative business men ard N
vestors who believe that general advance in tue
prices of all Cripple Creek stocks Ia cer'a'" ~
come
over three hundred and nifty incorporated CONF
panies now have stocks sell. In the new COM
panies the stocks were listed to sell at from u -
TO 81 n thousand. and then after the demand sels
in these are transferred at slight advances. 50 e
such stocks gradually rise 10 value OF ce hi T "a %
fraction better A share The nex' transfer Drlnss
the stock tip to probably two cents: ana thua s"e
speculative interests are excited Shippers noI a
siiT price and find few customers as the s'o'h'
are held in anticipation OF a great ADVANCE.
Brokcrs from Chicago and New \ ork are se'.u
i,, I'm orders for cripple Creek by telegraph ana
mail. and this indicates that me ltNeI 10, srha
stocks is fast attracting general attention. NJ ~
tof,i dali transfer OF shares In Denver no"
amou7tq 10 over half a million. although me pun
lisbal reports place the amount at one milnoh M 81
more In Colorado Springs the aggregate ualiE
creek is all excitement. The camp is fairy over
RIM with visitors and business is extremely Ne's
In ali branches OF mining affairs
Crpple Creek is about seventy miles south o,
Denver in FL Paso Count Its mines. which are
,arvelv gold producers. the most recently de-
ve.oped Of Any in Colorado. and the story or the
Wild rush of prospectors and miners to that region
sbout three wears ago is st fresh In the pubic
mind IL was a repetition of the l.eadNlJe eNclte-
rnent of a few YEAR, previous The dispatches IroIH
a"oiorado do not make II clear that new develop
nonfs ot the mines have started the present boom
in C'rnnle Creek stocks The speculation seems 10
be confined entirely to the gold group.