Salt Lake Telegram | 1912-08-29 | Page 7 | Public Will Not Get Any Alaska Gold Mine Stock

PUBLIC WILL Itt NOT GET CT ANY ALASKA ASK GOLD COLD MINE MIN STOCK Some disappointment was wa felt fel In lo local lo- lo cal cl mining circles circes this morning morIng when L private wire advices were received Indicating Indi Indi- eating cating that no public subscription for tor Alaska Gold Mine shares would bo enter enter- tamed Closely following this was another another another an an- other report that upon the close of or business busi busl- ness nes In the east enst yesterday It I ws I ascertained that tho the stock had hod hn been beer I oversubscribed from ten to twelve times It I was veis wa apparent within a a day or two after subscription books boks for this Issue had been opened that It would be a popular pop pp- pp War ular stock Evidence of or this was wae reflected re re- re In tn the market where from Crom 1 1 teI to te I 60 above the subscription price W was wai I bid for the tho stock The bids gradually rose until this morning was wa bid bic I for the stock upon which one half or a I L 5 5 payment will be mode made as soon as the th S mae allotment Is announced Tho The paid pid up UI value aue of or the tha stock will wi be 10 and the th 3 second c t payment o of 55 6 5 Is ii il to bo be made July Jull r Jae 1 1 1913 The first report was WM to the effect erect tIm that t tImI tim tho demand from Interests associated I with wih tho the promoters promoter In other enterprises 5 and their friends had been so great gret that tha t the tho issue was oversubscribed by these thes S people and that the public subscription 1 could not be taken into consideration on or this account The tact fact that the pro pro- motors meters had a a clause daue In the announcement t that public subscription would be re re- re In which they reserved the tIght right t to reject an any and Irl all aU bids bid bi was waa given n nan a aan aa I an explanation why they could do as its the they saw ga IW I fit At the tho close of business today nothing toay definite was given out by local firms firm I Iwho who took tolt subscriptions on the situation Upwards of or shares arc are said Mid to ti hive have been subscribed for here and as i a a t result there Is Js a n considerable amount o of or if f anxiety over the them m matter ter