New-York tribune., 1902-06-22
ON THE PACIFIC COAST.
EDITORS SURPRISE GOVERNOR GAGE
STOCK EXCHANGE CONDITION.
by rrr -7a,rH 70 TIE rnrBrxr-I

BY -TRAFH TRIBTNF-T
San Francisco. June 2O.-The service yesterday
Of warrants on ! D SpreckeIs proprietor If
The Morning Call" and ". : Leake. the man
! aging editor for criminal libel on Governor
Gage. may lead To some curious complications.
The defendants promptly obtained bail. but
their attorneys then spranE surprise on the
Governor They gave notice that under the Penal
Code they viii demand preliminary hear
ing before the local magistrate who admitted
| them to bail This viii compel Governor Gage
TO appear in San Francisco and make his fight.
whereas he fancied that he had made all ar
rargeuencs for a. rial OF the libel suit in VIII
mington. small town near Los Angeles. where
ne fled his complaint. The Governor brought
this suit because the "CaI' printed an article
exposing certain changes in accounts by which
luxuries sent TO the residence If the warden Of
the san Quentin Prison were entered on the
vouchers supplies for convicts Il also
charged that Governor Gage was an indirect
beneficiary. as his wife and son were guests Of
the warden tn tine. The Governor has also
brought suit for $4,000 damages against Gen
eraI Harrison Gray otis, OF The Los Angeles
Times because The Times printed a brief
digest OF The CaIs.' article although on the
following day General Otis. in Il leading ed
toTiaI said that Whit the charges against the
warden Of san Quentin should be investigated
no one Who knew Governor Gage believed for
moment that he had any knowledge Of these
frauds.
The sale Of the old Stock Exchange Building
this week probably marks the end # the Min
ing Stock Board. unless there is a decided inn
p-ovement in Comstock mining shares next
year oil stocks which "a few months ago
seemed TO promise fortunes 10 brokers,
now almost unsalabI because Of wells that ara
unproftabLe- Nothing remains. therefore. but
the Tonopah mines which may be listed here.
fTDT y,11v
is question OF the richness Of the Tonopah
mines but the best properties are in the hands
of an Eastern syndicate. and 1t Is douottuI II
II VIII float the stock and let in any outside
investors. even at good prices
As for the COmStOck mines they remain Il
puzzle, even TO experts kXtrayaEanuy man
aged as they dre. Consolidated Virginia. Ophlr
ana Mexican ought 70 pay dividends. instead
Of this. nearly all the mines on The lode. except
Consolidated Virginia. are assessed regularly
every quarter. " Iih the ChedreLlnE + IN" proc
eSs~s in mining and milling and the introduc-
/ tIo1 Of electric power. ore that was rejected
twenty years ago may now be worked profita-
bly, But most OF the managers adhere 10 Old
ways and spend the lions snare of the receipts
on wages and supplies.
For months san Francisco mining stock hrpk-
ers have not made office rent Most OF tn
sales on the hoard wash sales. and no
stock in SIX months. eXceTt ophir has gone
over two years The highest priced stock on
the board Is Consolidated Virginia. which sells
a. 81 - a share. and the great body Of the
stocks are quoted at less than - cents "A share
The threat OF closing The stock Exchange next
year may have some effect on the ConstJth
mine managers. II it results in honest and eco
uomfcal working of these mines, It Will be d
great thing for Nevada, as we'll as for mining
in California.
Careful reports from all parts Of California.
gathered Ly The san Francisco Chronicle"
show that the state will have the largest fruit
crop in its history. There viii be deficiency only
in prun4s and peas. but both these crops VIII be
fair Peaches and apricots Will be very heavy
The apricot crop is the most profitable in
California as the fruit has ready sale, either
green. canned or dried The great trouble this
year viii be to obtain la Dor TO pick the large
fruit crop. Many Chinese and japanese who
used 10 go into orchards have entered other in
dustries and there is no available supply Of
other la Dor The Southern Pacific Railroad
Company is trying devise means for bring
ing young men out here to pick the fruit crop,
as the railroad managers believe that nine
tenths of them would remain when they found
regular work at better wages than they can get
in any Eastern State.