The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-16

SPECIAL CORRESPONDENCE
Especial correspoudenee.)

WV
atoms Tue to an mprovea money market in the east a satisfactory election result
msn,s 4 less import such as us settlement Of the ,sssraphsr. strike. etc It
sao., last oas with. the so%u, I'm in The ,aroe. Of a severe monetary onvsl
Natural expansion except at ssoroisant figures With si@ins house certificates
ooldhed and Western banks finding 4, Impossible to extend credit. for n eastern
public buying buying M last st.. y, rot 'es. the nee s, under which the chief Interests.
though they may se y ,e fact tina, xod clos to the sSeoooooo mark is being
power to help the situation mwt have ut oe enec.-lower prices
erl Il will be stranse indeed If further enposei in financial and other circles do
tainiy shows U strange bed fellows ad already there is in the air umo of Grim
t sr1ans so IN ns ea fnmns s on ss I'M In New New York Again it win b. strange If further
s,ama,ra WI, NTH , Its ue snma " n, sad aanson Trust conn Were sue es@a hin in with,
s sass am sy sn1 9sn 9 far P,rsa mn.n, n ALL n nSs s~ II .. element ssn , wo, kim .n in
o the !. a : a sa Corporation 1%s .nSn of tn, ,n. Tennessee .s Coal 8 Iron omp'n my n hs TO
N no us%r ,s1n rsnnsye @an ). > sm ste" &c n corporation ~sn ION In ms SO iora m and Srsass
enot .e present storm. 0t to AXE over. at most dvantaseous terms its thief
'. 'es'' N'A' : "", rGs sasn "i .A.s- .sss~
let ri w as tho be ., n1u,ea rD the he. steady ssa1, stream, ssa m. II n Consolidate sn,ssdv which aisn. IA 81, been APP
to or ssS s and KEEP, au' .as around this latter figure. the trade waiting to see
s shs sD a sm%, ss ,m ass's mss reports So., f ,S. n ,rr.sso !. - ,.s IL, that a, it was a. apparent aa
s sSme ~ MORE sss s, toe n but ss 4, sm,w ,m rnin asx It is I'M ossnos to, to s state for certain ma whether wss he,
s sms rs ,s" ah or NO. u a. n ae anv,ees are strong IN connrmms MS n old
s sr"sb being Hr ~ sosu = se ssr n' rom 20" DAISY al se ssms s to s have T gms 10 er ns ss sanno sa% Ss,
s1s an sa 4 thu ma as,n ss s' s%sa s@n som 81 a nss's ns a m sM aar ass. from 80 for rc rsp0
s s1osa@o an nai im pem"s som s '% Wn the a nrsssst :, asr ~ Ss re nas ame ss ss, r, Il m,sns
higher prices. but in the present ondiuon Of the money market he canno see
BOOM S% p eomns s carried n1sI a Ian91 on ,n ss% bsa as ss us v of pI IS snnrs .o Uf : sn0r'nNsd
,onn Ne w. e arss element srm %, of i ntsrsssr in the he E. ra tns week M,w ws III a, designation a,s &c, of
s ssns on t%e s reso rasss 8 Goi sn@ss r $ As%in a.. to rasssss s sa +, wit, sn. c x = I% Sss p Drs:t
der dent . Of the mining I'M r COMPANY Wml From m, this this ~ is clearly apparent tina. MI Lord with
leaving Mr. Austin to attend to !. .ns . a.ossa A as stock md Of the property
me- ' a, a mee, of s sf n s no wash as 9as sa% %rs smsr sa = ns%sd s N s sD,a,ss
about b. the influence of Richard H Rushton who is 10Y beyond question o
m@y o sn,sa ~. nxs MR. xe sr'eK Th %i - ts nnh hrm the presiaensy OFT the ronopah h Bel,
tine me directors ire mm r or .he sM I'm 9u ompany Ihursday 1t viii also mean the retire
a h is a protese Of Mr. Brock 1t is now known that Mr. Rushtons opposition to
m hem '~ TT was sem set tne o air us uI% aesIayeS Se sS th se r rane a o. = S aS%e %% Ranr 81
IN s ai, nnnsh, rate aso 1t is alo . broad, o,s s na%a, that a,r certain n, Information .s nns ,~ ws rec ,sssl wed
vas not looking as well as it should and this knowledge was kept quiet n acted
upon for stock jobbng purposes Your orresponden long with a great many
others all along had been predicting that Mr. Brock would last his term ot conf
ssqps se omsr ss, ,sna' Ssfo ssm sS as im rans = srp san be = s. rs ssssvea q. Ia, 70 qs se yst
reasons. Mr. Brooks personal foinoriin m is is suret e sell ot. in IN faes is nov 70 doing
10 sssl% q ." sn sask t% of s masl held m. BY lately Ia" ay. asssas ss ae ,n,sas,n nay have to be
as .ssss. a aecSaed rally took place Friday. the s@ck selling back to $3.50 on on 100
share a%x stn Saturday wsS sa s1w some son s.t $1,000 ,n snarss eo me-, ~ which sn. we're taken %s%. "a.
in nth tn N sa to sustain Tsni, prices Ices, l Belmont fol followed rather similar tactics selling
The passing Of John v. Brock from his identification With te ronopah Mining
manassmens of # he s. company n%ms w yh sh i fom a sr rh ni leasing ~s'l proposition sIa n'G ns has ~ bu n
vi IN ave e the a' effect seta of % restoring ras e s%@asaes in o% the Va isadln ass TanopaS 1S companies nj s.
THE rnw orr,cr.s
director am ian fss g m aana'i f tn some m~ y ess'a ama ef r sn foo~pah in e Snnnsnsl s%s D msnu a
a nmaa of mne en's lie v hn s pnnaSsaphl a. ts the asu former Sa, enpsa hany s snG'a agnh his r. brothers
" IN Mr. c X G Haa 1 the newly a~ig' slsss su president asa mt OF of thu tn" r or > ass Z e oo1aneld Rail
formerly vice president Of tn nasimor : hi Railroad company nd is also a
These W new omdals viii represents e Rushton interests which mount to
a aoSs an ,c saO sss,es q tS 90 me 1 wan oha M@s R .n other rs ens Of u" wh air sess .o wSS
s ansns s .ss sss.~ Tm 5 nas s ss ss ssr's rn sssn r y, %G sl sro .s' 9sam s ssrp a 'ss ss'a''
The following omeal statement was made b. the directors Of the Tonopah
Mining '"''" at ''s' "s oss. sass' .rAr..u.r
The physical condition of thu property has improved n tn ores 10 being
s ss' starting a tim " Of tbs s %ua i% ss ssHs1 ass All All 0 Of s. s Conditions ,as f ss' tho Sss 'r. ss'as"s' of i% thee
ore at Mnkrsa are favorable
The decline in he pee Of he stock is not due to n unfavorable physical
condhionsi in the property MOI is 1t warranted BY N conditions other thar forced
liquidation. n that not rom inside interests"
ms of the diretorsf followed this III with this statement:
There is not a hing the matter with the Tonopah ompan There has been
trouble for ONE stockholders in the west who have ad loans called and who
hve been forced to sell You IN convince me tina his company is 10Y worth
only So 1000 Why, its railroads am mills alone are worth more than hta n
tht not very og go to get control II Tonopah the largest metal po-
pie in the country would have paid at the rateo $25 100000 for the mine"
All of thss true enough N were 1t not for the nasty general financial snua-
tn, which compehs holders of the stock to SELL. a material and auhk jun in
would most ssuredlyb b. seen. In factc onservatNely it ian be stated
that those buying around the $3.50 mari will easily double ad perhaps treble
theirc capital before a year rolls ~. besides getting splendid dividend returns
From omcial sources the write learnst that the average value of he ore sent
to the smeHers.d during the past thee months has been from s5 to $40 per ton
gross and the net value bout $40 to 1928. The value of the ore run throug the
mill for the same period has averaged about 81 to s13 a ton net.
LORD A YusHE1
The association OF Mr. Lord with III actual anagement of tbs property
be a good thing assuring. as it dos. THAR no other interests will interfere
with his ork. He is Know as an aggressive manager m shouldp roduce results
IS one hareholde puts it,: If you are to have IS. it is bettr to have 1t today
than have 1t distributed over a period of five years in 81 lots and so If you ave
ore in our mine the quicker II is taken out and distributed in the shape of di1-
bends to he. stockholders the better" &#@ #@  M# #M#&8&8@MA /
n following from a late issue If one of thel eadfng Philadelphia papers will
b. found interesting: /
Those who underestimate the facts m the figures as well see In the prominence
of Mr. Richard II Rushtona as first vice. president of the Tonopah & Gddfeld Rail-
road company a very promising factor This community has unlimited fah in
this eminent anker 1t trusts him in full Mining men nd the owners Of mining