Los Angeles herald., 1905-04-30
GliddOn S
MARKET
LETTER
april Doth, 1905

one now have two mining exchanges
ofshoot the other.
AS stated market letter by published
Los Angeles believe Los Angeles ought to be to the
Southwest Colorado Springs Cripple Creek and thing
that would help attain that end the establishment Of weplanned
and properly.conduced mining exchange.
attended the preliminary meetings of Exchange No l. but
withdrew the plans adopted
by the majority that the results could only be
another the series of failures for which Los Angeles has
become noted for the city has never had exchange of any kind that
could be considered a
yet there here a mining exchange
mining make exchange
One of the difficulties that foresaw in connection with
Exchange No is that inclined to cut the
the of eckessy running
into insolvency before the concern well under way
The Of income of exchange first members Dues
Of seats; third listing
The until exchange is well
established SO no conservative promoter uch enterprises would
look 70 that for funds present
productive this only
spasmod received herefrom
& Is received out once nee anu usually o,m % su ;, u @ h
considering the payment of current monthly expenses
The monthly should far possible not exceed the
will look local cond
you Exchange
MONTH although the established stock exchange
long ago discovered that SO per month is all that members
also apply to Mining Exchange
No although know little about the details that concern not
having attended any of their meetings
course exchange enterprise
there the display of business fore
sight but Angeles has had enough of that type and
that the kind mining exchange that would have the of
would be formed
club would begin
with determination confidence the
belief is that there few
who would glad join such exchange and work hard make
have made these comments coureousy publicly
failure and whether competeny ncompeteny managed
that directly indirectly affect only thousands of
mining stock but the whole of the mining industry
During the past week have been advising the purchase of Gold
field stock of controlled by Colorado Springs mining
similar
The whose the GoldfedSerra,
owning outright four separate of claims the Godfeld dis
Each these claims auerous ledge
Colorado Mining Men, with
Helm who for Chief Justice of the Supreme
of o
confidently
that believe be the best Goldhe for price that
l
you a copy of prospectus of
with
believe will prefer this
the thorough investigation
territory sufficiently
that should unproducve there three others
success probable.
you
that constantly reading lists of directors
told that these men are successful business men, and because they
asked buy stock of the of which they
directors Now this feeble and foolish for the fact that Mr. Dollar
successful pawnbroer banker that Mr. Bung is successful
Thread successful tailor that
all of them will make successful directors mining company for
probabilities that little about mining hog
homiy But this directorate four
splendid
together with who associated with the Others for his
whose the law such that he occupied
the hsh OF Chel JUSTICE o te supreme Ooouo
kind directorate to know
This bunch of fellows who faxed you to finish in the late
oil but directorate of who have been in
busness-ke
mining district and
exceedingly moderate price
with the akers don't buy this stock for
floating around but really want
put something that will give honest chance to
nothing than Godfeld
do pa1frnn CliddOn