The San Francisco call., 1908-09-18
THE STOCK MARKET
Local Securities and the COmst0cks
Quiet-Eastern Selling Depresses
the Southern NevadaS

Local securities were much quieter yesterday.
ard fluctuations correspondingly fewer and
narrower. Pacific Telephone and Telegraph
mon stock was weaker at S14 90 =, and the per
cent general mortgage bonds of Spring Valley
water developed weaker tone the day went
on
The Comstock mining shares were quiet. with
a decline in Ophir TO 81 81 bid at the close
Eastern orders to sell the southern Nevsdas
We're free, and lower market in these shares
was the result. A posted broker observed that
when the Wall street stock market goes down
the New Workers always prompt to sell their
Nevada stocks, presumably to realize money for
their Wall street needs. but that they are not
as ready TO buy the Nevadas when the Wall
street stocks go up. The e-chief loss on the day
was in Montana, which closed at 97e. against
Sl.15 Wednesday, while Florence closed at
$3.S7. against S395- GOldfeld Con. showed
particular change the day. There were active
sales in Rawbide Coalition, Diamondheld B. B.
Con. and Booth.
The Sailor consolidated mining company of
Placer county. has levied an assessment OF 1sc
per share, delinquent October 90
The ST. Francis mining company has made ap-
plicatiOn for listing its capital stork the San
Francisco stock and exchange board
The mill OF the OnOmea sugar company has
now finished grinding Tor the season. the total
returns amounting to 1T.OO6 tons Of sugar. The
ing was II 500 tons. last years output was r.
432 tons and the highest previous record was
Is $50 tons
D. J. Kennedy. president states that the Fair
view Mizpah mining company has Just paid on
the balance OF $4,000 due original pur-
chase price OF SIZE. 600 to Otto and Frank
Steinheimer and Others The deed TO the
pany was placed on record In the office of the
Churchill county recorder September g. John j.
Mcdonald. Steve WOsehlag. Rudolph kneer. ID.
j. Kennedy and other stock holders put up the
money. They all visited the Mizpah last week
to see the recent strike Of two feet OF that
goes better than 81 600 ton which lies along
side OF 10 foot body of that averaged
$SS.97 measured and sampled by w. L. Day
for John j. Mcdonald and other stock holders.
The company has not offered a single share Of
treasury stock TO the public and has none for
sale
The last few months have seen many changes
in the personnel of the local stock and bond eX-
change Where formerly many white haired mCE
occupied the seats OF the exchange. death has
reaped its harvest and quite a few younger
faces now
John Perry Jr.. whose death took Of the
city's most picturesque figures OF the banking
district. has been succeeded by Isaac Kahn.
while Alfred ". Blows seat was purchased
by Carl Rdiss few days ago. J. r. K Nut
tails seat disposed Of to Bertram r.
Abrahamson, local realty dealer. who Will
now devote his time TO stocks and bonds. The
late Matthias Meyer, brother and partner OF Dan
iel Meyer. the banker. had his seat purchased
by his son, Henry G. Meyer The seat formerly
occupied by X. Mex. Duperu. who resigned from
the exchange. has been bought by George i. Ives
Old timers will remember Ives the partner
of James II. Keene. He made considerable
CcmstOcks sold at their highest and Is one OF
the few brokers of that time that kept the
money he made Another change was ma,le
when Charles Sutro transferred his seat TO Shi-
ney l.. Schwartz. who acts for Sutro & Co.
Prior to the fire and during the booming DAYS
$40. 900, but values have decreased and seats
have subsequently sold for less.
BY this influx OF young blood in the board the
exchange promises Increased activity.