OCR Text |
Show UNRULY CONDUCT OF CON. MERCUR The flattening out of Con. Mercur to a market valuation of $250,000, notwithstanding notwith-standing the presence of a plant and other equipment upon which over half a million has been expended, has caused not a llttlo alarm locally and the street is dense with rumors to Its discredit. It was said by one of the more vicious during the day that not only had the property recorded a loss during April, but that unless an improvement. Is made the present month its mill will bo shut down that new territory may be prospected. This Ib without foundation foun-dation whatever. Bald a prominent Interest. In-terest. It waa also exploited that the Insiders had parted with practically all of their holdings. Replying to this a broker said that on the contrary he, with r.t least one other,, had been buying buy-ing for tho inside. However, tho stories have borne down with terrific weight upon the shares, with those who havo been starling it hourly more audacious. The annual meeting In Jersey City Is approaching and at that time much of Interest Is promised. |