The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-04-27
HOLD UP IN SPITE nF
INTERRUPTION TO BUSINESS

oe Of The mostr eassurfng creatures of the otherwise depressing situation re-
sulhng from tn San Francisco dsasteris the va mining stocks nave held their
own during this general collapse IF business People do not always lose their
lheads-at leasta all people d not ats all times IN this is exemplned by the va
the mining stock market has acted. True there. have been m Official quotation
made by the Frisco OF Goldheld exchanges nut New York has been doing business
right along m the scale of prices is just about the same as before the upheavai:
in fact ONE of the Bulfrogsa are higher han or the last local call. while Gold
Ihed, TonUpah md Manhattans have held their W with remarkable hrmness and
tenacty with gains made in sone stocks. There is every appearance hat when
the formal call opens OF the local exchange, the level of picesw will be as high IL
lot higher han before the closing call. This speaks olun for the faith of hold
Ies OF shares In Southern Nevada securities OF course. there is nc reason why
stocks should be sold at ist int Thereis no real connection between the San
Francisco disaster and the mining stock market IN whatever II a breakm the
might accompany such a calamity is only forced by speculators ad stock
gamblers 1t is tbs history Of Wall street as well. as other markets that breaks
who are caredin to unfolding There will be no sharp break in III Nevada
market however. for there are forcesb behind it that will lot permit of a slump.
and it is the wBeh holders who will stand pat"
The situation in the mining stock market is not nearly 10 bed as 1t as
feared it might be. Endess. confusion was expected from the destruction b. fire
of thousands Of mining certificates deposited with San Francisco brokers n the
loss of books and records But it transpres that In the case of NEARLY il not all
the brokerage houses, they succeeded in saving II theirs tocksa n securities books
tied up and will not be ah1et to open again for sevealw weeks, the stock exchange
could resume usiness but not of course. at he old stand.
Just what plans the Goldhei5 exchang will pursue in the matter If resuming
business, is nt known However, the opinion is strongly expressed mon the
brokers' generally that the exchange should resume business as soon as banking
facilities are afforded. As In banks Will doubtless open up on Monday, it may be
expected that the Exchange will also resume its calls on that day. although this is
not an AUTHORITATIVE statement
Following are the current prices sin New York for today. which rehecta sound
conditions onsidern circumstances:
Red Top $L75-1S53 Jumbo, $l65-170; Godfed Mining, $780,; Damonched'
3o1:s andstorn, s11O12o; Adams rs; Kendall, 6s70; Atlanta, 16h-17; Mohawk.
61 CO. silver Pick 2225; Great Bend $780, st. Ives,4 749; Ohio s2-35: Mountains.
Sc G52 10 Butler, l27-130; Jumping Jack, 1881; Burrog Mfufng, 6ns5; Buufros
.Naioral Bank GO bid; Dexter, 9O-95; Mcnamara, 69-71; Stray Dog, IS; Blue Bull,
II: Denve 74SO; Manhattan Mining 14-1s; Bulrog Bonanza Mountain s1-3o;
NEUTRALITY-SUSPICIOUS. Con, 1eA-17; Eclipse. s107h-112