The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-09-21
NEW YORK NEWS LETTER

III SPECIAL CORRESPONDENCE
New York sept I.-rhee was troubie in the air al week.. both in the big
market and among the mining shares Things scene to er,ssani,e ali At once on
the list -
cutting of dividends on caiumc 9 Hecia (Which reduced it's dividend IRON SEQ
Credited mor- that, Amaisnmated would no, only cut its dividend u, also
shuttnsd md cutting of dividends by several smaller oppe companies
M Masy s paS"s'o of .copperss~ by ibo,% ON houses "%s an STANDARD Oh n,ersas
T Te% aeoe Go caused 6" s~ d Ses, 81 se SHpssn in S an soppe srs' wnlcSh - SPREAD p%s a' tn me-
rumor had it that this or that, big house would 8 . o. The rocks
TIE MINING xA.xnr
Unrest regarding the abor situation. even in faceo the fact thai the miners
sonda,sd. "" '"N
dated ans e 'S " q Ssi %" M ooa s%s i%o sFN sss got y into " s%sui ties % ''''''
The heavy line of contract stocks which ad to b sacrificed on account n
Rumor that mines were not looking rood IN the " levels
which, nh Sa w nro sssss ra sSssF disastrous ins %@s. for ,@s am s' ss,"s ? se IL during the week.
mensy shout to 81 easier and !. money : the fomsain head Of ali he
its head in n nort to save h it can from ae fire. rherei is n fire ms things
hunt p u our hiding places for odd dollars anearsn you cd stockings gather.
lining stocks, buy Industrial I stocks as Buy copper stocs1i Buy anything 700 in in
high !" ratiot to 'auss rest Of ee coanrys securities This can easily be- asars@ out aD
im@e i'm in l wa, estate. o bonds or sseess' II Il ' ~iS be ' fe%n ss sn @% eau a@ estate % is rs-
real estate is ceiling 100 high for the times
Don't be afraid of copper stocks All the III W has been about discounted
TINE TO PURCHASE STOCKS
the quick purchase s%,s. ss INNINGS ~Ina,s stock. INA that, ai hard al to ,a begin a., a. ~ definite definite point =,
with the balance Of the market in sympathy with it, mining stocks that is of
ww"n the noun mt ,nnv%~S q" as s' n e, SsrGi investment ss% s r'% sns eo aa ss a ~h S%a tn :" v rep
soG p%s o III III c s%s ms at at sTso :" T1 ersa s s. %s' aaa n%s so' n %sSH Hsn lsv s.. ' ss. s ana
p psre @nt' pe a"sl'p purchaser ass% . " . per cent '0"s' the same stocks are . 70 10
The labor situation has been cleared up aa viii stay cleared up ever If it is
necessary to import non-mtnl labor with thu closing low of several large cop
p pTou pGr wno wa as Be Ds s%s to "~ ~%s fr tsa high n ao %as s ~n o s' he nnS msn On sam ss
eome rh s% PFTa r% sao.s' w" nS sssssa he np pssips s IN as%4' . hoping ss d s4 a quick s,si ,s"
a " ys sr" wn s"n be be declared. which nhsha' w in%s ths item e from from the hopinon :" 's'
Regarding thu liquidation of a heavy lin OF Consolidated stock by a certain
having responded splndtny in absorbing tn stock. during panicky times anon
Those who have lost their all in contract stocks. will have to get a new
usir shirts i'm oo%r to raise funds to purchase stocks FTP resent figures = '"N
II. . srms' ~a sss1 s. Psss s as s%s G ns rs. . . 1sro asss' su as as old .as %s ,, ss sm. sns
Years Sn @ &c. when ' :. mt n Hn ron nt sa mnraan,;on h NJ m s sa. w wme tn pets Of t'
SANDSTONE A rAvo.rrE
Of Of the he market mar ss,1 Lord ord knows u how , high it. would nj, r have mns s@.sn we. were e, IT. not a for n tn
as to the eause Of this move advcesf from Goldheld stating THAT there was quite
Ing Dus looked WISE and purchased the stock
roHorAH STOCKS
to the ton. Nevertheless te stock looks far from good. from a marked standpoint
tn may a, b tn, that ,n nass 3, ss ,,ss,, t n ave r moment o, Of f fa~a. M vy wrs s. "s,s%f@ %sSa to 1st
and with its onglooked for mill in operation, it seems strange that the stock
Belmont sold pove 81 this week he first i'm since its new issue of stock
v vas ut u N t ns, market ass vm Those sss III "d lea1n in 1 advance ans SnwnvS dividends ta sm will - be s re-
s ghg rs IS So mark in n n' rs i% of div avid Lends =, beng y. resumed auicAls' If s'h Is nf
One 20 Of the, the directors ,sa r,o IF ron mop nn Belmont Belmont. is s, sr,aasa ;, with n. the nm following novdaa IS state a,
nr COST = f @e en"w w w%eavy we r we eo @nm ms "a n b~ sn. a, me n ssh 1psr9a a rr h dh
and labor is lear These cut down our net profits 50 l lon nov II we sah
DnrnncrAr1on IN SECURITIES
o securities auli dsson Grom n nshh ~a e" in @ January G "G hi 3 year, an iw saes during = ausas,
New York Exchange stocks exclusive of bank N trust companies
New S% york; Stock rxeans bonds cssslu-Ne of ovemnnn N
municipal bonds) 3s55Oo 600
PhDadelphia Stock Exchange 0S954O0O
hDadelphia Stock xchange 1971100O
buadelphia Bank & trust company stocks 3564O0O
New York Curb principal stocks)- IA $685. 300
BOSTON stock Exehan stocks 100000 00
s3O7f 26s0o
!, These 1s, a surs, Of course course. are are, "e a,ss moore ,%,s than "a, .a pp%s,n'i ,s, ss de- not T., in
throuchou the countr. 1t would not xaggerate to lace the toal loss in values
IF IL securities at s5OooooooOo Yeti The securities, in the mam. are just as good
IS they were nine months ago, the country is just as great N justa Is prosper
GUS. Thso My goes to that there is a screw looses omewhe nd Just "a
soon as it is found and ightened VI prices will go up to wheret they belong in
shorto order.
HARTMAN A BOOSTER
E H Hartman. after a Extensive "trip throughout the west ONES HON will
assuring words as to conditions in that section of the country, which means the
country itself Via he says bout money is particularly interesting.
III spots the crops Will not De as god az last year., but the west will have fail
Countr banks am individuals In the west have money but they are hang
ing onto it M not seeking Investment There is no question In my mmd that
great deal of money is tied p in this way. but these people who are hanging oe
their money nov later viii be seeking investment
Il found the attitude OF thu people with money one of uncertainty. There is
nor money in the country than we beiese,b but it is being held from free eircnla
ton. because IF nm apparent fear or apprehension. i thinks securities have on
very luz below what they should have gone undera an circumstances
The wind is starting to blow in the right direction 10Y md while the upward
move may not set in Immediately. wea are out Oh The breakers md nearing the caIn
waters.