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Show ' GOLD IN CAROLINA. NEW TOEK, Oct. 29. On the Wall treet curb there is being fought one of the strangest j stock battles which Wall street has ever - witnessed. The stock is .Gold Hill Mining of North Carolina,- an issue that has been the sport of traders: for years, and whoso history is written" in blood and -disaster through one period ! of years and in glory And triumphant wealth through aaother.. ' Just now the stock ia' rising. Its par ia. i 10 -a share, there being .500,000. hares ia existence.- -Ita price eaa risen frem 25 cents a ehare to 5.75 in the lt two years because a clique of Wall eet- traders is heavily short and ia H.7 spreading reports which pe proved false da2vi only to be succeeded by others equally false so that the trading public is completely bewildered. The mine was worked-from 1842 to 1S81, and from 1843 to 1865" th shares la the English cQmpay"which owned it sold as high as; 7 10s, for the 1 shares.- This company took, out more than $3,000,000 of pold, as proved by the United States mint records at Char-lolte, Char-lolte, N. C., where the fold was made Into United States com. - . devious to-the discovery of gold m California all the gold. and copper taken ta-ken from this mine was minted by the Government. President that th records show ovr $6,000,000 of metal taken from the Hampton Gold Mines, Limited, which was the former name of the FaPert.9nl!WT metal was taken to Philadelplua for mininff,"' but later a mapt was established estab-lished at Charlotte, r - , ' ' Discovery-of -gold "in- California and the low price of copper at -that period cusd the Gold. Hill, mine to be pract tically abandoned for yeare, and the 800-foot shaft was jfilled with water when .8. E. Newman purchased the property for a nominal sum. He pumped out the water, installed machinery and opened)? the workings. Some ore was taken out, and Mr. Jsewman WossOmed out as a millionaire. ' The stock sold as high as $3 a share in Wall street, and the wavMr. New-. New-. man scattered money in Wall street and at the New Tork hotels was one of the spectacular sights of those days. He -established himself- in a country place near the mine,, and astonished New Tork millionaires by taking them to his residence in private cars and entertaining en-tertaining them royally. It has -taken six years to-sink the shaft and open up the workings. The discoveries have astonished eld miners, who :- never - believed that eneb ore iAuid be taken from any mine in North Aaiolina. It .carries ! $30 per ton an i Oioipetent engineers state that at least -45,000,000 of gold and copper ore ia new blocked out in the workings. |