The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-06-23
Rig INVESTORS TAKE ADVANTAGE
OF THE DROP In NEVADA STOCKS

rnersts a certain umor in the stock situation here these avs he slump
sternAuon In fact II sesms to ave caused d.. certain cert saan a n oSs o. ~ 10y m ~nEa Su %%n
They he COINS about with syesa lshs and fingers N ,u heir , lips m s sasn m y =
Jon cook the b.nkerF Frank oOdsn' Ts s1so of the y. Ns ! : U Wara' se raSaD r.a olar
If steel gina schwa0 here n a visit a fsw day 9 s., .nrusam most from
the saeets o the sarthauake shock h ssarehns Of the reasons for the dsDrsos-
:, -. o. place. :, m mow e : 1sna sUs that Manhattan is a young camp
ever IN this region Of baby m stT9rs o. noas : Ss sDs ~sn. sM aDRaP counts only
Tonopah sprang up furlnedged ant panoPled in her soldsns rm noS. MT rs SAN ss rra hs
shock his head INC mne a gentle SAD smile HI passed up TSDoDsh. am int it r ,ss
ss sAo oo sass 9 Strikes ss Again. tn excitement foand MT San Francisco ass and
n sa'' Thsn csne Bunnor a y.ar later MI San Francisco woke ok a bt yawn'd a
'S Within Within s * months came Manhattan. By this. lime Tonopah. oolaae,d sns
aa sn y rIs .so osS "n f 1as ns indeed s'i HI started to make Ut TO =. past. sao.A
hat his m n east esms too lsts When ,ns s~o * C, e'% AR s,s s .s a s sund rs sa.
o. this vas tn situation on April II a large r., proportion ,os' aoon Of III ne s1 aesss.
sAH r.AHoascos TnousI1 go, a, =, o,o,,..
their buildings ad homes burned heir business temporarily ruined. San .n Fran n,
.,ss, Ssu Ssssms ors.s, ts 'a asa.n nhss s ~pon . an msr sa' n Of course he market
had TO break saO Son md Sysa n ina. n, c mss, a1' had aass ss eDn sb lie to suy The, wanted
s to bad sn 10 here sS sas nh largely tn s Sah Francisco Franchises II was an susspenuns stua-
ton a., n s me side side a sa he Faansi and y" sne pa ams san DT francisco was withholding thu
"0'f IT w "a" the sorturso of Tantaluso over again This has. ceased now The banks
, IRE 0 MANHATTAN ssnn nm MSns s. !. as'ia Tns io al mn a ~r buying &' and buying heavily. IN
ssy Dc nosrs They the a sssags ss ST ne ey a sa a S Ios ans &c ' sss vaas Of fG Manhattan
francis Francisco Gsh las not msltsdt thu gold out of them.
znw DISCOVERIES PLAY a RA.r
rapaity with which new seovsrt hes are aa made IN a'h"@"s Nevada a.
The effect Of opening up a new cam is always, Tnss a temporary 4n1r ri o as1i1 ne asrt IN
noun # apitl in he world When capital pouness u conan a new camp 1T sSsn
dons to a certain degree. the older ones Thus, when Goldhe vas dscoVere
ronopah suffered .s@Deny SLUMP When When s nanss,s. wa so, oDs1s Sp ito :, t nss T Ins.
fmg that suffered. In these cases the drops were very slight and the recoverles
vrv rand. because each camp vas well established before the new one came
along we and a half years separated Tonopah IN Goldhed one nd a nil
years ohdhed and Bunfrog Not so with Manhattan. however,. anhatta cam
a hare six months after Bunfrog Tonopah Goldfeld. and BuInog were pound
to feel its suddenb birth. With tn San Francisco disaster o n top Of that 1t Is not
at al ito be- wonders at hat Tonopah. Goldfed, an Bunrog should me- what
ia extraordinary is that the ump should b. SO slight The reason for this Is ne
heavy buying of local men n hav the properties under their yes ant know
that the stock is selling far below its intrinsic value With San Francisco Oh It's
feet again in the fall there is bound to be a sharpa ant big recovery.
History will repeat itself The HISTORIC of he mining com OF this part IL he
country has 10 that dumps following theo opening u p or new m are out
temporary: hiatt they are followed by brisk recoveries