The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-08-24

New York august so-Tms has been a week Of unnatursl and unhealthy
1 ssass . .ahs, , wm, a ss s' sansanS ,d 1sssu,s N "r .m mont m e. somm:as. r noa. an.
= gs r. Of ms sSSs.s .s sss ~e, anss ess ss to tn IL fac. ss,s ssas t sn Das srf =. sa%oss s sSsT %sn S.
which we're bought outright and ut way Then as.i, this slump nsd been sSn,
II became manifested. d. ALTHOUGH, tho, sh few :. thought Susmt It . would sr re%s . tn TN e chaotic 40" :, conditions snn0a
. 8 of hundreds ..S sd, Of, ~ amssn,s of asns r.. i'm % ma !. , ss,ss. suF, r. h sn Oft ~ y, ss Sssrs
nau,aa.on =. Of course tn apprehension felt b. the nm "ns as ss nn,mmT1On.s OF
severity his course in furnishing the guilty The enormous nns nhhesssd o. the tn
lead me to believe lev , that his cote Of n n1.%ss ar. m at n S0n wS.n Of 1t n n s .ommas
snesae sss. that Mdm r0p Swss.r 81 - ia a believes sssvs s dss"a /. ~o ana Ia. ,% spp ss 'espseaa m
since this IN CLIQUE Il. ~. through private channels aavis,ns yea ,s even n, beg sss
decline o tn past " weeks wa. snsinssrsa for the purpose Of fnshssnins the the
Lost" a. .hs president does not seem to scare a bit a.ot the s 1T ru a%s,. rsa..
up' in a@ the pursuit Pr rat Of IF thu guilty.
Pn1czs sc1Ar1xa rE1 sorrox
In contrahety to what has been the feeling for thu past fortnight bankers s are
and that. o. technical grounds alons a substantial rally should characterize next
short interests nov to exist should b a powerful influence in putting thu mar
ana There may as be :. .s1 possibly .,ay. a ,e, .nss RI %g. rs sns"s fon n ssrnse asm as no en sa sg
which may may lead to s..S pens n, ,s"s 4l IL su on ss a%1 ms nsnes a es, N rrs aa ans
IN Baltimore Trust company suspension did, not occur until wo months after thu
suited in "Se bear ~ dnves at IL. marketd during September and october # that year
HENRY c1sws on NAHxsr
Henry cews. in discussing the situation Yesterday. had this ito say
# outlook for III % market nsi ssh .s n. Isany TORY ch rn1es sr ae tss ,n aVM ors
Doln, , ., VIEW ,,,,, f.. m monetary. .a'aas nan n nsoSsSs. S sao not sn,s yes n%y rs afssss n im %ers
ss as' . .sDsssses s.a s s..a s:n: sAs ss s%s .e is .n ,n.' a sans.d ss 30 ' Contraction nsssss mt ss
loans, ,%s a ss a result 1c Of ssSns n w1 d. Sou.s ssSsn n tn non %0n %arae. t 1t se eu ssoe% of
about. 100000, but while call all, money %msa sSnt n"ma, as q easy esn. ss abs se snors interest ss !,
win at times naturally be- created ss.s n 1.-The. III ma rssa IN s nss%ss f so s sulsh Iy
and ot turns in tn market will prove very profitable to alert traders in the i'm
The hste BAN statement helped things. considerably m was the medium
lee .sssoa On i9 70 reserve. as vas s,n s1essss't. .f 1s ss:s'a anS e a 81 decreased q asssss1t .a @ ssS"s Tho he
ss % t n~ h hsxs l q IS e sssra at. 0 s%ss m ca and nearly nearly equal um1t to . thu ns showing Of Nv
years ago.
The mining market ws rather dead during the week. although The west made
"a mu ssnf fr t a@nn' a md r prsss er o sM somewhat lower. although the net loss as moth
e %s %@a yS@a%saoS snss S' was responsible pa for a marked difference in quotation e,
Consolidated with Fraction. Daisy. Great Bend etc. also feeling materially the
h west is certainly buying Consolidated a a sreatr rate however their
n wsn' 81 are =, ss m, sn1 ,s.sf =. .DD ~sn IS BY TT, 'ss e snss # T ao f"@ss sn only hr sss IN 'h he rsr sst
we'll as general market conditions
STILL RELIEVE orr1ox sxrzxDzD
-ous ssss's a nfI ssssp e is n initial av si "asn nan M sss m ea, 70 r as s, as sse a aa rm belief
t tmus the Bs smh option has been extende al rumored. Barney Baruchw when aues-
toned IN the subject a few days since answered hat It vas his personal affair
sum sum a is take aaa as a confirmation that his opuon has tenex extended init November
M ases m ara entu "a the stock s@s ~" am will vi undou@ediy result in his making this
W1shh a@s s sssarss ana manipulating %stha% ability ss thu socs is liable . sell for SO one
Goldaeld is purely matter of conjecture.
GETTING READY ron A BOOK
mixed With nt a few buying rider. ~ N are Of the universal Universal opinion ,s that 18th things g,
svrl substantial strikes On properties in sections # the camp which hitherto
along at a STEADY gait with the LATTER mn liable to jun into prominence again
begins to manifest seifo on the part of the companies of that camp. Farview hs
H ssse a .Ss tm aaa Golden la' Boulder sp@s' the NEED" medium for n@@vy stock accumulation
In view OF the present condition of copper stocks with Anaconda selling
$40 n Welding a dividend return Of Is per per s st n IN he e. Money o4ssu Invested ID a It
L. Amster president of the Boston n corbin company, are intresting
consuming interests he is Lead to h belief that Viii for tbs moment the cor,
m Il a cell sTn IN quotations: NJ that while it cannot be denied thate copper is ae
balanced by the small amoun or hand b the nsum an represent jus tatur urn
abe in normal conditions t. e, that the producers are 10Y carrying the surplus
supply rathert than the nsume as is generally the case.
Mr. Amsters atesth that he greatest bugbear is thu fear which exists in the
of the consumers hat If they purchased at present prices they would have
no guarantee tina the producers would not sell att lower prices later N n THAT
the consmmersa are more anxious to see a staple market at is or 20 DR. ever 20 cents
rather than a uctuati gmMket back and forth between Is an 20 cents
soxz FACTORS n co111B MTUATzoN
r. ouote him further in detail: There. are several Important factors in the
copper situation which are lot generally eckoned with. N thu hst place, IT rs Is
n ywheref from 1 cent to cents a pound more to make copper than 1t did
i've or six years co. and Furthermore the great producing mines OF today are
exhaustingt their underground supplies, their raw materials as it were. n
the producers of the metal are today justly entitled to demand at least cents a
more for the cred metal than was the case s or % years
"The oppers situation is lot going to he dogs by I'M means. an while mone-
tav conditions may for the time being operate to lessen the ability to finance ne
onstruction this situation will b e recufed in course of i'm an the consumption
nv aeferred b " reason Of high money rates will come into the market with a
rush."
co11u1CIAx LEAGUES Tx0U1ES
he Nevada Commercial League publishes some interesting figures showing
,ncrease in 81 respective evada stocks during the past year as against the
REEVE declines suffered b. III Al standard railroad stocks Of the country.
Theire nres show OF increase Of 1897 per cent in the past year on SO mining
s.oors o,ainst a decline of 075p per cent on h railroad stocks; me this increase
ss The League points out vas mad in he lace OF a demoralzed none market N
both the Pacific ad Atlantic coasts as wen as a oeerhneu enoi' ny eas"ih M
terests to discredtN Nevada.
This statement vas issued IN re1utauoh 70 so"e osparasins ate"ehs re-
Jade against Nevada.
7 NJ sullivan raj the centerphce of a picture illustrating an article on fake