The San Francisco call., 1907-01-20

has 100000 shares The companies
districts and directors are as follows:
Waverly Goldfeld Mining and Leas-
ing, Goldfeld district; directors, Alex.
Russell. b. w. Ward, A. B. Beninson
and ]. w. Deane.
district; directors, A. A. Codd, Frank
w. Champion. Elmer j. Clute, III. +.
Wilson, ]. M. Fenwick.
Gold Center Mining and Development
Company, Bullfrog district; directors,
]. H. Robson, John r. Smith, w. E.
Pasmore.
Manhattan Gold King Mining Com
pany, Manhattan district; directors, A
III. Mayne, T. Egan, f. H. Lathrop, H
B. Cole, r. j. Evans.N
Manhattan Higgins Mining Company,
Manhattan district; directors, John
Salsberry. A. d. Nash, j. j. Griffith
Fred S. Glover, Frank Naughton.
While the San Francisco Stock and
Exchange Board is arranging to estab
lish a clearing house in the same build
ing to facilitate business, the Gold
field Stock and Exchange Board an
nounces it's clearing house rules
Some of the leading provisions
are interesting. Before 5 o'clock
each afternoon when the board
is in session, each broker transacting
business must file a statement of his
purchases and sales. specifying the
number of shares in each transaction
with the name of stock, the rate and
the names of the purchasers and SELL
ers. He shall also keep the clearing
house notified of the maturing of con-
tracts. When the stock balance is
against any broker in his statement, he
must deliver, not later than noon Of
the next business day, valid certificates
of stock to balance the account.
fr,ur rfcfr o6n I'D hrr
the Goldfield Stock and Exchange
Board for the regulation of clearing
house proceedings are as follows:
No power of attorney signed by another as
trustee guardian, executor administrator or at
torney. or by an infant, shall be good delivery;
except that members Of the exchange, or firms
represented on the Exchange, may sign by a
attorney has been acknowledged and fled with
the County Clerk of Esmeralda County, and a
ager of the clearing house. Detached powers OF
attorney substitution must be attested by
notary public, under seal.
Upon the day cash contracts are made.
separate statements showing the same must be
delivered to the clearing house not later than
2:45 p. m. for all cash sales made up to 2:15
D. m., and all such statements must be accom-
panied by the cash and stock balances The
for an i0 amount 'n IN excess Of sfoo At 245
m. the clearing house shall deliver and adjust
the cash and stock balances on cash transactions
If any member shall fail to deliver his cash
balance TO the clearing house by 10 a. m. OF
the day OF clearing, he shall thereupon be de-
cared insolYent, and the secretary Of the Ex-
change shall at once notify the president Of
such failure The president shall at once make
public announcement thereof He shall then
publicly buy or sell. as the case may require,
at the call then in progress or. if call is not
then In progress at the next call Immediately
following, stocks to make the balance of the
stocks of which the delinquent's statement shows
him TO be long or short"
President Ruggles of the San Fran
cisco Stock and Exchange Board has
been authorized to communicate with
experts to devise the best possible
plan for a clearing house for the aid of
brokers in this city. Very likely the
plan to be reported to the board will
resemble that of the Goldfeld clearing
house in some particulars.
A stock exchange has been proposed
at Rhyolite. A committee has obtained
the signatures of seventy-five persons
who desire to be members. The rate