The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-09-14
NEW YORK NEWS LETTER

&cSiAL
sal M sustained advances in prae,sany tn whole list. Whit the exception Of
the I producers sr's and s@% 's am" which e'% the ere recent NJ Of "copper" to IN sa nos
W dividends and melon cutting in the snap of a ansrou.ion of accrued earnings,
denied by President I'm Of M Great Norshsn OF saturday This denial helped
%% nc a. a % a@p of about a point III round !. ss~ York bank. lost, ,i.ssoes in
s sna uo" sn the the ~ SURPLUS ~ ns an ~s Compared pal sS', With IN la "s", year the dsae mss sans %
:ss sn%ss this week against ssss1sss ne yea
Ioox 70. rv.u N nAnxnr
Next week is rich in possibilities for either a further upward turn or a re-
II M 49, 900 bono tissue by New York CITY viii be known There seems
while there's are numerous umorso OF syndicates which win take m surplus pend
Of salt I. is apparent howevsr that. ,hs banking interest ,ss s., is do ing all all ,n in Its
whichever a the ca. jumps Even in event of a successful no"ion n this. lGsn
fully discounted this favorable development. II the load barely sauss.e. through
sell at a goo premium he erect on tn morale of tho public hou'd carry stocks
TUESDAY i. .ss .s day .y . pom. which which -, N, ss ssy s%ss sss s sa.s sD.,' ,, WIN be sss,
last. year, Will. un this ,, assrs e, SHOW. ..,. so%srna hat, Of s a asss' s,, f + %, , ns years sn'
s ss'as penalty aas II. foe. s Do. ss.ss rns a n. 'sn s% %,l sSs@ss or ss sl S., 's s%s s en- '' kitchens
Another month mus, pass however NTH money can show m material ,s ria. ,o.s,
%s%s "a sp so ssS ~an s's q 's s%s s s.n ss's s ssp 1s'ss 'f ron Tor n. % %%s% a,sss'a % '' east
s.a,u.. :, -. coz. oo.D 1ao.n. .1. .m r }. 'S sea .,,Dous n. m.rse, ON
on ar1 fa%es , sss s sns'ss a s auss ss ss's, %e%'" ~as nss ~' saturday. however h market
na ne er a a0s soau a%e 70 word ora dsa@e %s''soo our correspondent. from very eonadentiai
, ,sesuao ano of sne ' nod %s "% procedure "%s a. ra @ss spring Eastern rokers md traders are
now beginning to seriously question whether here car be n boom this fall
a ns' non @y vheh it ,%r 20, 'p p, in in bis Industrial m railroad stocks. Su' both
tn. sAnucx OPTION
The New York Commercial of his morning has a lengthy article on the Con
sohdated and gives some interesting nd not hre,ofors published Information nation
as yet what action win be aiken esardins his option on 100000 shares at '775,
t nes stock aen *" vas given a ~a guarantee 70 a .soooooo ioan which is news to a good
loaned vas only 100000 1t is asserted that members of uis 100000 syndi
cate are evneins a dehre to mo- something more about te Consolidated prop.
er,y. although they are wmins to admit, ,a hat til the. sa are sh becoming nTh %ors W Sa'sn nor
pretty we'll What h New York erovd is dons in the matter "a hat. when the
famous m 1's engineer sef . @ @@s ay wi III vii be ommssions to make an examination 4
"e p''p@'S Ioox ROE nrs II DAISY
he chances are 100 'na, purchases made a round, present pre- ss, levels. s viii show a.. : sss ok
the point %n that N on, ss eve. ever, m 0, monsy ia taking na,r Dr0 amn ,m 3, ,, around $3.50 nd sell
The following article ii interesting enous to quote If me IA the forntuasm
tons on mining stocks as a whole are one.n1a boy prices this time last year
assf fer nnsa "ssa a,e ss"S rne.s sss p" are s' Interested MOST heavily in these stock.
in the general stock market Leading Nevada. Ths 81 an on re me asnas wb es it ! is sn ru
m msmser s% th a she '% highest ~ss' class ssA railroad rnr@ and Industrial stocks have fallen tire
snSan a aa snrsr r rhas i is sn Unlimited nIr ns amsrA se9 for " Set h' precious sSo sa mesals there Is
o ots srs a% sh mns ss s som aiseoTsrea J" m rs a Of side. %s so of T Z Since 20 s ass a a%p sn %sf mines M re
mot tai. affected ta ,h adversely ts .s BY ee ' os s shsr oaont or when Sne n a%ss a1 is 'e Considered a%@s ,s ,h ,ep leading Is
n Ne, mns mi ns ss na a .o n sas es xsna a no %h fn ts aes sroana ' s sahsn mfns %@ f. c Smsa are
producing n meta ala and mos. II 18th, them ,m newer sssn will produce pr luce n m Ssosus Ss ,n sy. ns se
. 9So &c 1000 dig g month ss 'T Na oSmppa butt Rooa lm mine s4 cn 40 s th %s" ana Tonopah has !. at least
ars oft Of this sass They are |. Tonepah Mining the belmont an ths Montana
circle re- , Of If ind Of m hs n ssnsh about On 'n .o . e oo .ha resse Of ' renopa aa ' Reh saal r. R ess IN.
Of Ph das rhlal holds close .ss, to 10000 o., !, while hm.s cs samss0s mh HOLDINGS wns rsae y se ' to- be-
used in either forcing the resisnation OF pse nS,a. a hr%k :, o, IN IN n a,rsat aOp" az 0y large re
shareholders at least 1t is of interest to note that the INC heavy holder OF Tom
pah, o A. Turner as Is 70 longer on sa,i nssa ,s as uens a an Impo caused his heavy heavy me Of II
on'pa to brink !" rather r1 ns DIv1D Dsss' mruAr1os
A few days ago things looked particularly UPRIGHT for a quck movemen in
eoidheld an ronopah stocks The action Of thu Consolidate dated officials in being
had been figured nut as initial dividend declaration b. W important properties,
The properties in mind being Goldheid Consolidated and Montana as the hrstW TO-
We have to cross Consolidated of the list while Montana looks rather shaky'
Judging h stock from a purely market standpoint AnOtherw week or ten day
however may see another convusion. withd Developments going through rs Out
.ssoo ooo a yea and just now all the public is getting is a dividend on Tonopa
Mining Of about s1OWO0O a ear, with some scattered dividend disbursements by
various leasing companies This remendous output us sooner or alter be dis
uibuted to te public pending that time. however thu various quotations on the
producing properties are riHculously low
Co1UA1ISoM or T0N0PAXs
A veil Philadelphia mining man. in omparins Belmont with Tonopah
as tms to say: "I regard Tonopah at 81 a share a Good dealc cheaper than Bel
mont at 5000 one company pays its shareholders ,o per cent dividends while
the other 10Y pays nothing j thnk that, judging b. reports of ore hipments.
that Tonopah can anordt to double Its dividend as easily as Belmont cal afford to
pay 40 cents a year. In my opinion the stocks should sell on a basis o. to 1 N
favor of Tonopah as agams either Belmont OF Montana onopah"
Tonopah Extension vas The vortex of an insipfd boom the past few days, based
upon rumors o. a strike nd or nor covering This. owevr. is looked upon IS
a flash in the par by good judges although its rport tusti issued how a better
condition of anarst hanw IA expected 1t is FOOLISH to compare this property with
Montana OIL Belmont and II. is The advice of he writer that case quotations IN
Extension go a little higher. whereby an equal exchange could pc made fol either
of these stocks that's such shouldb pc done. with the preference iven to Belmont
There is a report hat onopah Extension insiders have found a way to treat
he Tonopah ores at a cost of My SO a ton. his may BET the planat nfort he
renewed activity in this stock lately, although II is hard to see 10Y it would b
valuab enough to cause an Increase of over 100 per cent in quotations m this
stock wen If this pc NJ the writer's advice to exchange Tonopah xtension for
or Belmont holds good for no matter greatly this property will be
beneftted by this development the otherI properties will Ultimately benefits also and
to a greater extent as heir ore bodtesa are more extensive han the first named.