The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-04-21
W. ]. ARKELL GIVES DINNER
Jolly Ex-editor of"Judse" Entertains
One Hundred Guests.

but now a broker of San Francisco, "
a dinner at the Palace Hotel, San Fran
cisco last week, the principal object be-
ing to endeavor to bring about a consol-
idation of the two exchanges there 10
handling Goldfield, Bullfrog and Tono-
pah stocks. 1t is to be hoped hat he
will be successful in his object and at
any rate those who have listened to Mr..
Arkells after-dinner stories know that
his guests at the dinner had an enjoy
able evening. The following accoun Of
the affair is taken from the "Wasp" OF
San Francisco:
The stockholders dinner given by W.
J. Arkell on Wednesday evening in the
Maple Room of the Palace hotel was a
successful affair in more ways thar one.
There was much curiosity on Pine street
to know just why Mr.. Arkell should
play the liberal and genial host at so
much expense, and after the champagne
had flowed as freely as water and the
epicurean feast spread on beautifully
decorated tables had been done full JUS
tice, the noted New Yorker took the
company into his confidence. The
guests numbered about one hundred, in
which were included nearly, if not every
broker of prominence in San Francisco,
anu dlSO stNtIdl iulDOl tdiIt illIC iCISs
Those proved to be right who had
guessed that the delightful dinner had
been planned to bring the members of
the San Francisco Stock Exchange and
the Tonopah Exchange together, SO that
both might work in harmony for the up
building of the new and wonderful min
ing region of Nevada. Mr.. Arkell, in
a straightforward and most moderate
address, urged upon the members of the
two exchanges the ACCESSIBILITY of union.
He told them that the eyes of the invest
ing public of the east are now turned
towards Tonopah, and that greater on
fidence in the stocks of the rich proper
ties being developed there will be Gre
ated by having one large stock exchange
handle the business. He expressed his
own unbounded confidence in the great
richness of Tonopah and Goldfield, and
predicted that they would 500 be rec
ognized as amongst the most wonderful
mining regions ever discovered.
Mr.. Hall, a prominent capitalist OF
Pittsburg, who is heavily interested in
Tonopah properties, confirmed what
Mr.. Arkell had said about the great in
terest the new region is exciting
amongst eastern spectators. MIR.
Hall thought it was bad policy to have
two stock exchanges, each making its
own quotations. 1t confused eastern
people, and had a bad effect. Mr.. Hall
also said that he thought that Californ-
ians did not fully realize what wealth
was lying almost at their doors i'll the
bonanzas of Tonopah and Goldfield. He
thought that if he and other eastern
men could come 5000 miles several
times a year to view the progress of de-
velopment, the brokers and spectators
of San Francisco could make the short
trip to Nevada and become enthusiastic
like himself.
Senator w. c. Ralston talked of Tono-
pah and Goldfield from the mining ex-
pert's standpoint, and said he had seen
such mineral wealth there that he dared
not tell people just what he thought lest
he might be considered out of his mind.
1t surpassed anything he had seen OIL
expected to see.
w. c. Wise made a very effective
speech in favor of union of the two eX-
changes. Mr.. Wise had visited Tono-
pah and Goldfield, and had come back
filled with confidence that they will sur
pass the Comstock in their richness.
Mr.. Clarke, a mine owner from Tono-
pah, also told of the wonderful lodges
that had been opened up. His re-
marks added to the confidence of the
enthusiastic company that we are on
the eve OF a great mining development
and boom OH the Pacific Coast.
Ex-Congressman Wood also spoke en-
Enthusiastically, and made a splendid
speech for union of the exchanges. He
pointed to Los Angeles as an example Of
the benefits of people standing together.
He also said hat we should welcome
eastern men and capital, for they are
coming and will take all the good things
on the coast if we are not enterprising
enough to seize the opportunities our
selves. 'The strangers in San Fran
CISCO he said, "will be the people born
here unless they wake to the fact that
a new era of progress has begun.
After some other gentlemen had
spoken in a somewhat similar strain the
pleasant gathering broke up with three
cheers for the genial host. 1t was very
evident from the applause given to the
arguments for union that the two ex-
changes are not far apart, and that with
some little diplomatic work they can be
brought together permanently. That
such a move would be most advisable
there can not be the slightest doubt.