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Show WHO CONTROLS NOTED GOLDFSELD GROUP? New York Mail Asserts That Wall Street Is the King Bee. ... v Thai Eastern capitalists arc now in control, or In position to take control, of Goldfleld Consolidated, is averred by the New York Evening: Hall, ono of the most conservative and best informed in-formed newspapers of the metropolis, says the Nevada Mining News. That these same Interests are. also, planning to list Goldfiold Consolidated on the New York stock exchange, making It the great speculative leader of that market, mar-ket, and bringing foreign capital to support sup-port their plans is also asserted. Considerable Con-siderable space was recently devoted by the Mall to this subject, the paper saying: say-ing: Those Eastern capitalists who now control the Goldficld Consolidated are grooming the stock as Wall street's speculative leader. It will soon be listed list-ed on the New York stock exchange, and according to the plans Is to he made the great speculative favorite. The wide distribution of the shares and equally wide Interest In thle and other Nevada mines, together with its largo capitalization, capitaliza-tion, is believed to furnish an ample foundation for such a market. The peculiar pe-culiar character of Goldfleld ore bodies, too. with their successions of extremely extreme-ly rich lenses or shoots, , will naturally he expected to cause wider fluctuations in proportion lo the price and a more furious markot than has perhaps been seen since the palmy days of Goldneld's old neighbor, tho Comstock. The company's ownership of six different dif-ferent mines, however, will be an Influential Influ-ential balance wheel to prevent the market mar-ket running to too great extremes, since a lean streak opened in one mine may be compensated for by the opening of a rich lense In another. The tremendous prospective possibilities for the opening of oro to perhaps ten times the average aver-age depth now reached In which case It Is not difficult to imagine that the $500,000,000 of the Comstock might bo approached, If not exceeded contains speculative possibilities which the New York stock exchange has probably never experienced before. Steps are being taken to make an auxiliary market in Europe for Goldfleld Consolidated. A high authority at Goldfleld Gold-fleld has told our correspondent that 300.r 000 shares of the stock wero sold In Paris some time ago, and Wall street hears that Paris has. since purchased 120.000 shares. A grovip of Parisian capitalists cap-italists are in an excellent, position to koep Informed on the Goldfleld situation, since they own the Nevada Reduction works, the principal custom milling plant of that camp, thus having an excellent opportunity of knowing what the various mines are doing. Their purchases of late have not been confined to Goldfleld Consolidated, Con-solidated, large blocks of other stocks of Goldfleld, as well as other Nevada camps, having recently gone there. |