The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1906-12-21

Dispatches were received in this city
early yesterday morning by brokers
and other interested parties that the
Western Federation of Miners had vot-
ed to demand an advance of 81 day,
from - to IS, in the wages at Goldfeld
and that strike would be declared at
once IL favorable answer were not
given by the employers within twenty
four hours Then came the news that
Nixon and Wingfeld had met this move
by shutting down the Red Top, Jumbo
and Combination mines. The leasers
on the Mohawk and other properties at
Goldfeld were reported as having de-
cided to continue work while the ques-
ton OF wages was pending.
With the possibility in view that a
strike, beginning at Goldfield, might
extend to the other mining camps of
Southern Nevada this news was suf-
ficient to set stocks to tumbling, and
that was what happened when the San
Francisco Stock and Mining Exchange
Board assembled at the usual hour
yesterday morning. At the regular
session Belmont, in the Tonopah dis
trict, fell from the closing price of
1915 on Wednesday to $3.50. Com
bination Fraction dropped so cents a
share from the closing price of the day
before, selling at $40. Jumbo lost 20
cents share, going on the first-class
sales to 1915, as against $685. for the
closing on Wednesday night.
Goldfeld Consolidated mines, the
merger of Wingfield and Nixon, dropped
off SO cents a share as compared with
the last price of Wednesday. This
company has the largest capitalization
of any mining company in Nevada, in
Guiding 100000 shares of the par value
of $40 each. Only 100 shares were sold
at the regular session at the price
quoted. Mohawk sold at $3.50.
Some Of the Tonopah stocks advanced
at the regular session. Tonopah Elk
tension advanced from 1918, the
Wednesday closing price, to $5.S71s
with sales of 300 shares, but dropped
on the next transaction. Goldfield Min
ing also opened trifle higher than the
closing on Wednesday, bringing s1.30
for 1000 shares as against 1927. Great
Bend fell from SO cents to SO cents at
the regular board.
The closing bids included the follow
ing for leading stocks: Jim Butler.
s1.27; Little Tonopah. $3.50; Belmont,
1918; Montana, $3.50; Tonopah Exten-
sion, $3.50; West End. s1.70: Booth, 10
cents; Combination Fraction, $3.50;
Daisy, s1.95; Goldf1eld Kewanas, s1.10;
Silver Pick, s110; Gold Bar, s1.25;
Homestake Consolidated. s1.2o; Tramp
Consolidated, $780, Indian Camp, $1.10;
Pittsburg Silver Peak, $1.75.
The closing prices for the stocks of
companies included in the companies
merged in the Goldfield Conolidated
Mines Company were as follows: Gold
field Consolidated. $6.37, or GO cents a
share lower than the closing on
Wednesday; Goldfield Mining of Ne
vada, s1.25; Jumbo, s3.15 Laguna,
1.30; Mohawk, $13.25; Red Top, $500.
The gold product of Goldfield in No
vember was $2,156. 800, not including
the Combination Fraction, which is
about to become one of the larger ship
pers of the district The official state
ment of the yield for November of the
Mohawk maDes the total 81, o66, 500. The
Hayes Monette lease yielded $4,000,
Red Top 100000; Jumbo $4,000. Gold
field Mining $4,000. Frances Mohawk
$150,000