The San Francisco call., 1907-03-10
Mining Shares Are In Light
Demand at Close Of Week

Pending the opening OF a more Wig
lorous campaign that may follow the
lefforts OF two fully equipped mining
stock exchanges I'm this city 20 sell
the shares OF the Southern Nevada
mines the dealings in these shares fell
yesterday into the dullest rut of the
season. At the regular session Of the
San Francisco Stock and Exchange
Board only $4,000 shares were sold;
IN the subsequent dealings $4,000 were
sold. The total $4,000 in round ig-
lures. was only about one-third of the
number Of shares often sold IN day
some time ago.
The present week viii see both the
san Francisco Stock and Exchange
Board and the San Francisco Mining
Fxchanee the fusion Of the old san
Francisco and Tonopah Board and the
new San Francisco Mining Exchange
II there are not warm times
soon It viii not be because
there Is not lively feeling
of rivalry between the older and the
newer organizations. Between intervals
OF refreshnlent in Bush street the ad-
vent of the newer mining exchange
and the effect Il viii have on stock
deals is a common topic of discussion.
system is promised to accelerate che
wheels Of the stock market and 70
make dealings more satisfactory, es-
pecially in the prompt delivery OF
shares The rival exchanges are
headed respectively by A. b. Ruggles
and Walter Turnbull. The San Fran
cisco Exchange expects 10 have spe-
'cial wire TO Goldfeld. Very likely the
other body may also have the same
facility.
Brokers in the San Francisco Stock
and Exchange Board smile at the sup
position that any business can be taken
away from their board by the San
Francisco Mining Exchange. The Inem-
bers OF the new body, on the other
hand, confidently say they expect to get
their share Of all the mining stock
business there is going in San Fran
cisco.
Half a dozen stocks seized upon and
held the. volume Of business in the San
Francisco Stock and Exchange Board
yesterday Twenty-four thousand
shares Of Red Top Extension We're sold,
%. 500 shares Of Diamondheld Triangle,
$500 shares of Blue Bull. 10000 shares
OF Silver Pick. These were the few
stocks that sold in excess Of 10000
lshares each.
Goldfeld Consolidated Mines did not
sell higher than sS.6255. That price
was taken for 100 shares; S400 were
sold for $3.50 a share. Combination
Fraction dropped as low as ss.l5, sor
80 points lower than the opening, but
later a rally took place and the price
went TO S4.35. Blue Bell was weak at
- TO % cents. Daisy opened at S2.45
and fell TO S2371k, but returned 10 SAB
at the end. Diamondheld Triangle sold
from 20 cents down to as cents and
went back to As cents. Taking the
situation altogether. prices were better
during the later transactions of the
day, the recovery being marked in
lsome Instances. Red Top Extension
lopened at so cents, but later lost j
point.
Jumbo Extension advanced from sfS5
10 50. Blue Bull dropped from 42 cents
10 40 cents. Columbia Mountain sold
down to sc cents Jim Butler went to
IS cents. Jumbo sold at S4. St Ives
ranged downward from $1S2h TO S1.75.
Silver Pick made gains in the early
part OF the day. advancing from SL35
10 $40, but. feu 10 S1.35. Mohawk
Consolidated Leasing sold as low as 81
cents and as high as Sc cents, gaining
strength toward the close. Among the
leales We're 1000 shares Of Eagles Nest
at p cents and 1000 shares OF Stray
Dog at "a cents.
The directors Of the GOldfeld KeWa-
nos Company have voted to pool their
stock FOR another year and TO prose-
lcute the work OF development and TO
increase the equipment as fast as
necessary.