The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-08-10
SPECIAL CORRESPONDENCE


New York. Aug s-rhe action of tn mining marse, his week wa. most
anss1 aspsr. as e onsssms I a%an. n leas.d pr rsss.l IN . as ns', .s sssass s: rrs.s., 1s s%ss.
'~sen. "1 eoa sns'c consolidated ssDSnssS S' broken Sss una:s 81 $50 ss' ss smn 1Sm. i Fraction 10 . .n 0 q.
ion II t co".o III as s1 Florence. "a an %'s cd lr nH.s sn n ' sD".Sa .s sss 1 sss ns sssI ai:r
sss%s; IN. i is very On a, ss ' thought asn's @ Of S ne. '' !" N . ss'l s:" .s'% 2 Justly 's' 1 Sc s.' mi
sa Ssts he sm@at of II the e %%dass @es ama ''"'''s' -''" y A'' "' ~'' ''"' +"
.ous . continuation Ts sra of issln.s , Is lS9s sst 70. o. ' prominent ~ss1 .s ssss' saes.n m ' SSu IN ' n.
s ssrgn ss s s., IS % 1r ss .tesso1 ~sss sn' ssy 70 va. s1,'s sr .' ~sss .'' r. 'e esTssi aS1' indicates ties
cover ors . I If this sh interest e%.' ean be forced to cover. materially higher prices should be
Of essse int m 4 IN ns the s .nsrs s' Go n%s d lis. lists -S1s u 3. % aaisssiy = APPARENT APPARENT N'A''''
ton of Ks p%s II pon ps', which ss T ssne ,n'rosuesa ITO { it's new master By . viseroa.
M heart but nsver%aess. fr yer Afterwards Manifested extreme interest in
stocks. was forced to throw overh III sock. at rdieuiousay low prices an having
have se manipulation started in the east which ut it . he BAD again. with tn re-
crned ai Now however. this is ali changed an III Yves. is .taruns ~ ban roll,
VAS was buying buying n the consorbaasd offered
reports rss t S%s1 he Sanss Of ma state we're never in better shape \ showed hat
xA.xzr .zrnArua r1s.Ir
While it is Tut REASONABLE to expect som temporary recession from high
prices Just nov. tn market is osary gol ns s IN s"nn stocks ,e same ne insiders, Graasr "a a apc caes
full Judges at a. snrn nsurs aa TIMER ssn pt ,e Ara%n poom Things are shaping that way
a asMn , sMs m seas. TIN tn la mor es Enthusiastic 4~s 1ss f he he becomes Val street ad III big mar
kt operators are daily becoming more m m% more more dasa assrmir s Seres ss e' hostne
legislatures md an educaedp public h result of this adverse feeling is to ee
y the a ID s9s eo u puSms ssoSe b dsSs sie = to &c e SIN oo o" recently in less than
out as regards federal ss i, e ooars so oa od ,mDo.ea d ny a feSer1 az c orsJ Judge "ma in CHI sl
ss sns sSasy i sa's ss s for %s 1nD street 'ea Again s% + the 's state sa agitation in the
N0r n ~at the pe os a at large certainly rave money he gambling sprd is N in.
sss,,e s,S ,s,. Of f, he n A% srss len ssn # an inn 1t in s ssnR at, '1 sman S' ra.s Of in
n certainly show very ,tsas ,ea osss os s9wsra nb Dsun mrs , n%u ss sa Ss ,h %a, tsss
. ss.el s,s ,sn to ,1a %i hi pa ssRs' rmnn ss 's TO- sny 1s ssv v%eh 's sSss inaieanon . quick
action action ,,n sl%ss m. nsv s,% Sse vs spse ana ON Ma' sp pr%s U up in cotton @@% or or wheat wheat as :.
he case a few months 9 in nth. snis lat ln't ss eSmm ssts.. IT certainly n" begins '
Durs .nvnw orT1susr1c 80,
being or the decrease sas:a while 1 more sonn fr s w h sno"h taa an on on a seai e' seaaom es-
dieting the establishment of our houses'th the rehabilitation of c0xeys army M
0nsT ra aMe AND erinal chronicle of current n past financial n industrial
events Mooays MAGAZINE g nasvr h Sus avss oppression apre sn f Throughout the the country wihe con-
seausnt dir. results nats market n,at,s an 10 0t foresen in T . f sTS,s ns tne ahre months months decline
in thu price Of stocks which r sul% minated in in The hi sssve1 ms declines tn ser TT ha tat q D%asrsss
contraction begins Don after a great r a,o assnns tn tn sso's ss anssS t tee a Of ant the assGns
and the time when everybody tsa. is so winins ss s aSm nit ds smon ousnsn is tht " wn street usa
made = mistake ,at tns, ous tnss s Of an an s ans Continue ss never sun %Hes of s9 financial =" writers srn
viii at usn shines "s.f na .n0a os 1snro of s9s sss, co or ss1a s ss: % t is' srsss scarcity
of labor on the high wase paid ns o. the ,h ns sn pn' ssm of T%o sapssi. on ste sne 0nnne'
>. ansasaa ssrSen to aa administer nm uiSs christian Science treatment to he people and
s.w ward n, o. a svsae eat famns of r roae s.'s untn 1 the s' sass s5 as of declining ming industry
make it e,ssr, to q II, that s.s% a ,nd snstr the ssDs ssTes of has ns sssah s ssfsfta sns es ~f tn" se
w mone y he overworked railroads n mills"
HILL SOUNDED WARNING
December mt %sa of the ss big Oh u III ampMsn relating how James J IN sounded the he first ns
recognized G1 S1 marast I 1ea@r. anhoush there muzt have been other pessimsts with
e eos nssni in ' tns financial IN ~eiI e eaumn. - u,
rs. the market has how good signs s Of reeq %ers ns.s powsrst no anesr n npu notea
,n.t . n demand y nsn4 f1 fs annsis on IN a .os ts % department. pa ansmnsn s@ss . New York have dis
eharssd some 2%S s s@%adses, n ss sS ADDED "a to ot ts Seep sisns % Of ' depression arr unsue-
essso i s sms bar banks clearinss N ranroad arninss showing a falling off, there
Moeays nsssaans s goes along e, Ga t nj ss ssrs.n s snps pl %sssSsn snat as sss sr es Hnt
to some degree ut whether the sas m., of tnsas sEntt in financial ~m be ma saens s St l @s
- n~t records tax dow muHy volumes. pore overp panic condition inc
oone ~ a most essimisi conclusion; thu very rom OF the work. YOU'D
lead one to gloomy though - 49,. -. uan,,r.
~ns mon column can be written refuting, denying am excahnfng
.~..nst te nanickv conclusions arrived at by Moodys Magazine space foroios
70. No wrnere inter- inoan IN lengthy resume If past eventsw which would lead me
ss@s morv vears to rfute in detail the many argumental points brought up y
-. ,ssutrous review suffice it that for thu i'm being some cursory answer De
given .., - .,arstra, sem unanimous in The
-, tot a substantial recession in business is inevitable while he westerners
~ ~ aocided stand OF IN other side of the fence I'M I'LL rot eneTtam Tor a
~oroen+ tbds view of IN situation. Again. the west will not pehev ina. a money
ranc Hs nosable.a although here in thu east this subject is oten Inc tpc !" con-
rars,tioni in omet an select gatherings h question nov assume IN iom :"
hitch section has thu correct nne-thee east or the west -
uhue the eastern men of affairs hav epossfby the petter poshoh III 'uosme
events in thatt they are more in touch with foreign markets. yer ash. s
esau,,rny with market conditions foreign to this country is APP 20 Dewhoer 'hen
as.ant q, crashing homc conditions. especially is this rue, mel foreign con-
r ..ns an not show u o an too WE'LL as too often thu human MIN Is hapie 10 er
a.snms dedmtionsw hena affairs look cloudy in certain sections; again. the COUNTRY
- - ,nf.nt when put alongdde OF the centuries winch nave roneo over
r,rone hat Americana business men are too uscephnl 10 inhuehces appno"e
the older ountry alone an often end TOWARD ssumh INK
ounites which ignored cannot anectu u.
1ET1ENCK1GENTo ONLY HATU8AA
~. -... concerning itself almost wholly with home conditions is not so p
20 he hunMd by conditions across thu water. They cal mi see nell sups.ah.n
~ .-.s hir harnsa d outhouses bursting With ouniful crops ant WIN
sa.h,,s M ntimism and years Of plenty aheado Of them.
aaxso nccessary to expec that there homd be some slackehms ~