Show PLAN PUN TO BREAK LOWER MAMMOTH It Worked All Right Tiff Ti t the Showdown Came Yes Yesterday Yesterday Yesterday Afternoon Lower Mammoth ought to strengthen up a little t in the market now The im Am immediate immediate mediate cause for tor the weakness of or the stock has probably been in the whispered declaration that the directors were go goIng goIng Ing to mash the stock to smithereens with witha a proposition to increase the capital stock stockby stockby stockby by shares The rhe proposition was sprung at the meeting yesterday esterday after acter afternoon afternoon noon by Directors M P Braffet and K g KC gC EC C Coffin and It was promptly vigorous vigorously ly l and effectively sat down upon by the theother theother theother I other directors at the gathering After the meeting Colonel A C Ellis president of or the thc company compan stated that there was absolutely no reason why there should be an Increase of oC the fhe stock The company does docs not owe a dollar has money mone In Th the th treasury and the mine Is Producing at a rate now that means the conversion of ot to 2 Into the treasury treasur for tor every eer dollar paid out The mine Is in better condition than ever e r and It is im improving Improving improving proving all the time He lie thought the scheme of oC Increasing the stock was hatched simply and purely purel for tor the pur purpose purpose purpose pose of depressing the market and get getting getting et ettin ting tin back stock at a low price by those who had attempted to work worl It through He did not hot believe bellec the instigators had any all Idea that such a proposition would be seriously considered but after atter hav hay having haying ing created the Impression on the out outside outside outside side that such a 1 move was contemplated they the had to make good to the extent or of introducing the subject at the directors meeting |