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Show THE STOCK GAMBLERS. Tho great decrease in mining stocks haa created an immense excitement ex-citement in San Francisco. The ChronUle intimates that in the case1 of tlio Ophir, its stockholders are the victims of an iniquitous conspiracy engineered by Mr. Sharon and the bank of California to destroy tho market value of tho stock by th rowing row-ing such quantities upon the board as will depreciate iU valuo. Undoubtedly Un-doubtedly it is within tho power of the inside operators to bull or bear any stock at their pleasure, and it is singular that outsiders will put thetn-solTes thetn-solTes at themercy of su?h a ring, than which no gambling speculation can bo more dangerous. The Chronicle Chron-icle begins to fear that such a power as is exercised by tho artful mauipu- ; latiors of mining stocks is likely to , crush the community and absorb i half the real estate of tho city. The ' Alia California, on the other hand, ' contends that 'mining in Washoo is the safest busiuess in the world, and that a very large portion of the whole t business of that state grows out of ' stock dealing. It must be said, how- s ever, that a business which j affords opportunity for such I tremendous risks is by no c means a sale or healthy one. A stock that can be pushed up or down from $150 to $190 a share in a single day, as California has been, Uuotasafa investment, and should be avoided by al! outside parties. For the past two months the papers have been filled with rose-colored report ; of the great bonanza. i The wildest calculations he been made as to its inexhaustible resour- ces, and predictions hazarded that the stocks which covered it would i reach unheard of figures. Latcc amounts of eastern capital have been attracted to the stock board for in-! vestment, and when the pioper time i arrives, down goes thee favorite stocks with a crash. Although the people may believe in the riches of the Comstock lode, they will by and , by begin to avoid the California stock 1 board as sensible people do the faro1 games or tho three card monte , t harps. - , i |