June 30, 1930 (8 pages)

> petit so as, } JUNE, 20, 1079 THE NEVADA CITY NUGGET, CALIFORNIA = Trace English Surnames \ WHEN HIT HARD = os ceviunserkecssc setesestetesetetete ae to Medieval Pageants tse steaceotoreeesececeeeeseeseees ete CRASS VALLEY STORE ONLY sscssesescescsnesneoeecesnenesn eet enet There are some names which might cic la inc tite a ain nt esteofetestooesgeteoeoetestesdetesoabetetesfertesetetedtetetestetetestotetesietete ; ‘well puzzle the antiquarian. Take . Ree : Whatlebclly xs ap example, There are . sot ‘folk with this strange name in Nor. 4 tt folk. Whenree came it? . ieee “ bd The answer is: From the medieval . z oe 4 rah arnl ‘ + ‘pageants which were pluyed all over . “3 Ft “Burope at one time, and of which the .< ¢ : ‘Passion play at Oberammergau Is an , #35 salmost unique survival. Whalebelly * i probably: immortalized the _perform+22 + ‘ance of some forgotten actor who took Ete ‘tthe part, during the eight days’ paytee vend “gua Sarge fe ce 43 NEVER BEFORE IN NEVADA COUNTY’S MERCH ANDISING HISTORY HAS SUCH A DRASTIC CUT : Other surnames which probably orig : IN PRICE BEEN RESORTED TO—EVERY ITEM MUST BE MOVED BEFORE WE TURN THE KEY @nated from these religious plays are ; x ne tak ¢} IN THE LOCK FOR THE LAST TIME AND THE STOCK HAS BEEN MARKED ACCORDINGLY — ssalmen). Mildmay is another pame “a man’s often hurt by falling In . 4 % te cetigious origin. te ia cor [TC : 3 WHOLESALE COST OR LESS ARE THE PRICES THAT PREVAIL—IT IS YOUR GOLDEN OPPORruption of the Virgin Mary. “Mild” “Phat’s only when he’s hard hit.” . 4% TUNITY ee : was the recognized character of Mary, eer rs oat % N : : 4 ence the formation of the modern WAITING FOR COLOR i ae ‘well-known surname. Here is an extract from “Stowe’s “Survey of London,” a very famous old Mook. “The third lane out of Tower “st is called Mincheon lane, so called -of tenements there, something periain“Ing to the Minchins of St. Helen’s, ‘Bishopsgate st.” Minchen comes from the German “Monch, or Manchin,meaning monk or ‘nun. Thus, Minchin lane, as it is now -ealled, derives from the former resi dence of nuns there: It also gives us “the modern surnames Minuchin. Minchser, Minch and Mince. —London Mail. “Grapevine” Method of Spreading News in City In the neighborhood stores of the “city there is an underground system of communications that rivals the ae signals of the African jungles. News is spread here as rapidly as “was the coming of the British when } Paul Revere made his famous ride. -A jesveler is robbed, and in no time -all the shopkeepers of the neighborthood: know all-about it. They know tthe details better. perhaps, then does tthe victim himself. The butcher, whose store is next to ethe robbed jewelry store, runs half a “plock. to tell his friend the delicates-sen proprietor. The latter dashes salong to pass the news to the tobacco ~shopkeeper. And so it goes. But “when three or more gather to discuss 4it, words of wisdom issue forth. How sto catch the robber, how to avoid being srobbed, where the jeweler failed to ssafeguard his goods—nothing escapes -attention. Most agree that the robbed ~one had too much money lying around “and all agree they would not do so sthemselves.—New York Times. The Flanders Chain “The “Flanders chain of geod luck” «seems to exist in Scotland in a num%er of copies, and it appeals to some tkind of superstition. I see that a “COPY, emanafing from Rumania, is «described as containing about eighty mames, mostly foreign, on a type~written ‘carbon copy of foolscap, well lled with the names and the appeal. “The receiver is asked to make nine ecopies and send them to friends, ~which would be not an indirect way «of turning friends into enemies. And the ‘further this document goes the Wonger it grows. This is a pretty -good guarantee of its early decease, vespecially as there are no money wrizes.—Weekly Scotsman. Famous Beauty Is Hibiscus ‘It has been written of one of FlorGda’s wild flowers that it “is probably ‘the most gorgeous of all the plants “4mdigenous to the United States.” This superlative praise was given to a tall thibiscus that opens crimson flowers Wve to eight inches across, says Na‘ture Magazine. Like several other -species of wild hibiscus, this crimson‘flowered one blooms in the borders of sswamps in summer, at a time when Yow grounds in many places are gay swith the southern red lily, whose upsright solitary flower, of red and yellow sepotted with purple, tops a stem set ~with many marrow erect leaves. Preparing for Emergencies Pat called upon his friend Mike, and sound him sitting in his shed with the emuch-mended inner: tube of his bi«cycle wheel over his knee. “Pyncture, Mike?” he asked sympawthetically. é The other shook his head. “Then why are you covering the ttube with all those patches?” inquired Pat wonderingly. ; “Well, ye see,” explained Mike, “when I do get a puncture it'll be alweady mended and all,”—Weekly Scotscanan, < ; His Punishment > Ab Trish fireman, rescuing a Wom Zan at a blaze, lost his hold near the "bottom of the ladder and landed hear ‘ily with the woman on top of him. -.A doctor, hastily summoned, pro -ynounced him sound, though badly bruised. “You are @octor. . : . ; “Brave, maybe, but no gintleman,” replied the Irishman, rubbing his injuries, “or I'd have let the lady go a brave man,” sald the Hirst.” & : : Master Mind ““~Bxecutive ability implies something smore than giving orders. It demands sa ‘thorough knowledge of what is be“24ng-ordered. The real executive is one ~whoe is the absolute master of every little thing entering into his completed [up suckers, “and Traffic: Cop—Well, move on? Fair Motorist—If: you please, Mr. Officer, I. haven’t seen any colors I care for in that light yet! DOWNIEVILLE ITEMS DOWNIEVILLE, June 28.—(Special to The Nugget).—Misses Marjorie Taylor and Amy Coupe gave a dancing party to a number of their friends at the Taylor home Monday evening. The guests. were Misses Sally Cheek, Sarah Cook, «Anita Coupe, Helen Sutton, Anna Costa and Katherine Smith, and Eugene Brown, Charles Cook, Milton Cook, George Taylor, Robert Burman, Warren Seott and Junior Fitzwater. Frank Nordhoff, who ~has_ been visiting Addison Brown for several days, returned to his home in the Saeramento Valley Thursday. Sheriff Geo. C. Bynon. returned Thursday from a business trip to Northern Sierra County and left Friday for Gold Lake. W. J. Duddleson, mining operator of La Porte, visited Downieville Friday-on mining business. Mr. Duddleson was accompanied by his wife and sons. Mrs. Belle C. Brown, Mr. and Mrs. Frank Brown, Mrs. Wm. S. Brown and Mrs. Dickinson of Gibsonville, were in town last week on mining business. Mrs. Brown is one of the owners of the Gold Cup Hydraulic why don’t you , Mine at Hepisdam. County Surveyor Geo. F. Taylor has been surveying the mining property of J. ©. Kretz at Ramshorn, five miles west of this place. Chas. Spengler, who is operating the Omega Mine, near Forest, spent several hours at the county’ seat Wednesday. Belle C. Brown and Wm. S. Brown have secured a patent to the Gold Cup Gravel Mine at Hepsidam. This property adjoins the old North America Drift Mine, once one of the biggest producers in Sierra County, and consists of 120 acres of hydraulic ground. The Browns have been operating the mine for several years. CALIFORNIA'S NEW BLUE-SKY RULES By Letson Balliet. It is difficult for one to believe that any “blue-sky” law could be framed that would benefit mining. California has put forth a ruling in which I can see possibilities of great advantage to legitimate promotion and development of mineral resources. I am sure that no one interested in mining will criticize the curbing of the illegitimate. The ruling I refer to prevents all , stock exchanges in California from listing, quoting or trading in stocks of unfinanced companies. 2 It looks like a tough one. But we all have seen hundreds of impecuniized, and rush into the where the promoters unload huge bunches of personal stock, and the company is never financed. Keeps Free Stock Off Market We have seen promoters hunt up several prominent citizens, and give them large blocks of free stock for the use of their names as directors. This stock is profit at any price, and who sell it before the company is financed, and then say, “I got out before it failed.” Such transactions are like giving a gambling game, as a lure to bring then. have the xe: o co Se ae asa Sa a ee ee ee Da a a a a a ee ee Hitinieleinieieiobioieieinivioiing % * 7 reste es oS * S. Lee Leiter Closing Out His Grass Valley Store ous, experienced corporations organmarkets,a “booster” $5 to step up and play see it . 3S: ENTIRE $25,000 STOCK OF DRY GOODS : 33 h 723 LADIES COATS AND DRESSES, MEN’S SUITS AND FURNISHINGS BEING THROWN TO THE eu i MERCY OF THE BUYING PUBLIC FOR WH AT IT WILL BRING Ae oes EVERY SHELF MUST BE EMPTIED—EVERY COUNTER SWEPT CLEAN Zit HOPE MUSLIN LADIES COATS MEN’S SUITS MEN’S OVERALLS $3 % . Standard the world over . For sport and dress. SevNew styles. Wonderfully Copper. riveted, 220 Den$i % . at 25c yard. Per yd.]7c . eral fur trimmed. All good co : meee Ha im. Reg. $1.50. Now 98c ees styles. Val. to $32.50. . terials. Val. to .00. — tit CRETONNES NOW 20 $9.95 NGW 2s. $21.75 WORK SHIRTS £2 . 36 in. wide. A bargain at ety. tle Hi 25c yd. Now, yd... 16¢ axe . stitched. Regular 75c. at ae A9c. ¢ ae KALBOURNIES Hi GINGHAMS FOURTH OF JULY SUPER Mite BE rd. Per yd Pipaoteaedicetawssscaaaaaee 15¢ SPECIAL Medium weight. ; Reg. . = See , $1.25, Now .. 74c See PRINTS : =%% . New Patterns. The reg. ? 5 Men’s a price aoe & SDs 16736 MEN’S SUITS P. armericunions . 3 i¢ PRINTS and VOILES : Reinforced seat. Reg. $1. : EEE . gususte Designs, New. FASHIONABLY TAILORED OF ALL WOOL ARR DEERE: 69°] ¢ Zz . stock. Reg 49c yd. . c ' : ett ‘. 33°] MATERIALS—VAL. T0 $35. T0.GO AT . . DRESSSHIRTS. #¢. EXCLUSIVE PRINTS Val. te $2.50. Now $] 49. 33 ei Superior Quality. Clever : i ae: $ : * B 3 patterns. Reg. 89c. yd. § 7 7 5 : SOFT COLLARS $3% . _ 49° . e Several styles. All sizes. * FLAT CREPE SILK Reg. 35c Now....---5c ed Several.shades to choose % ; COTTON SOX ee “ae Reg. $2.50 yard. . Es . For work, extra durable. . tee gee ees $1.49 Reg. 25c. Now.... 1&¢ tee tt SILK HOSE HOUSE DRESSES Ree, $6.00, Now "C3, 19 COTTON JERSEYS : $ Several Shades. Former . Aj] new stock. Dresses MEN’S CAPS" Pull overs. Was a bargain : + . values as high as $2.00. that have sold as high as . All Wool. New _ styles. at $1.50. To go at. §9c]5 8 nage peepee 79¢ . $3.95. Now.» $.59 . Reg. $2.50. Now.$1.69 . ,_+, taananerchief Ks J : en's Handkerchiers Bs Ladies Handkerchiefs Reg. 25c. Now ... 16¢ ¢ : Big choice. Reg. 15c and T H E L A C E H 0 U SE Reg. 35c. Now .... 19¢ Ks DE. NOW -necscnnrestsceenenneeneed Qc Reg. 50c. Now .... 29c * * : { and say “It’s a gambling. game anyway.” We have known of a prominent man being given as high as 200,000 shares.for the use of his name, when the name was big enough, and have seen such a man hand the stock to his broker within one hour after getting it, to unload it while the promoterswere advertising and capitalizing on his name. _ We have heard promoters and brokers. whisper to their friends, “We are organizing and we are going to list it right away.’’ These. friends would be allowed to purchase large blocks of stock for a few hundred dllars, to pay the filing fees and costs of organization. This stock is then thrown on the market at the opening. The buyer who buys this stock on the market opening has no chance, for the flood of stock prevénts the. company ever being financed. How Financing Will Be Done Exchange brokers can now, under the new ruling .select mines that have prospective merit, with a com-. “booster” walk off with the money . prehensive plaii of exploration and development laid down, and a finan@ial estimate-of it-scost_stated. Permits for securing these finances will be granted under the law and the ruling. Brokers can then urge their clientele to buy the stock for fi. nancing, with a promise to list it after it is financed. There is no hardship in that. The price at whith the financing must be done is stated’ in the permit. All the original buyers for financing get stock at the same price, and then when the financial problem is settled, permits to list will be granted. When the doors of the exchange are opened to a financed stock with a likely prospect, the trading begins with a mine and a bank account. The speculator knows that he has a chance to handle his stock while the ‘bank account is being spent, and stock fluctuations cannot affect the work in progress because it is financed before the manipulation begins. “ Restore Confidence. There will be no cheap stocks nor free stock to be thrown back on the market, hence I can see possibilities of restoring the public confidence in mine investments when the first buyer knows he buys for financing an industry, and later speculators know they are buying into a mine that has the money to keep right on with its work even if the stock does take a drop. Frightened stockholders will not rush in to unload on a rumor, because they know that the work is going on, and tomorrow it may be better again. It will make it easier to get the financial subscriptions bécause the man who makes the financing purchases knews that every one else is in at the saine price. No one can cut his throat with cheap stock, and when he does want to sell, he knows the assets of the company are a bank account plus the property. Furthermore, if a prominent man is given a huge block of stock to become a director, he has to “stand tied” till it’s financed. If you give him stock for the use of his name, his name has to stay there, till it is financed.’ He can’t take it out the same day he gets the stock. Financing Risk Eliminated. I'd rather go to California, with @ legitimate, meritorious promtion, uader that new ruling, than ees state in the Union, because the k of financing is eliminated. ‘Nature’s risk, ~~, 9 & and competency of management, rée— main—but business and manage ment risks are in every industry— banking included: All other risks, . such as “shofting,” “profit taking,” “promoters’ unloading,” are eliminatéd, for the mine goes right om working with its financial bank account unimpaired. The appointing of a registrar and transfer agent in the jurisdiction of California is only a safeguard to prevent crook operators doing other things outside the state while under the’ protection of this rhling. The promoters who mean to be square, with a‘real desire to opén a mine fr the production of metal ores for commerrial prfits, will _welrome this rulruling and protection, and so will California welcome honest effort at mineral development.—Mining Truth,

> petit so as, } JUNE, 20, 1079 THE NEVADA CITY NUGGET, CALIFORNIA = Trace English Surnames \ WHEN HIT HARD = os ceviunserkecssc setesestetesetetete ae to Medieval Pageants tse steaceotoreeesececeeeeseeseees ete CRASS VALLEY STORE ONLY sscssesescescsnesneoeecesnenesn eet enet There are some names which might cic la inc tite a ain nt esteofetestooesgeteoeoetestesdetesoabetetesfertesetetedtetetestetetestotetesietete ; ‘well puzzle the antiquarian. Take . Ree : Whatlebclly xs ap example, There are . sot ‘folk with this strange name in Nor. 4 tt folk. Whenree came it? . ieee “ bd The answer is: From the medieval . z oe 4 rah arnl ‘ + ‘pageants which were pluyed all over . “3 Ft “Burope at one time, and of which the .< ¢ : ‘Passion play at Oberammergau Is an , #35 salmost unique survival. Whalebelly * i probably: immortalized the _perform+22 + ‘ance of some forgotten actor who took Ete ‘tthe part, during the eight days’ paytee vend “gua Sarge fe ce 43 NEVER BEFORE IN NEVADA COUNTY’S MERCH ANDISING HISTORY HAS SUCH A DRASTIC CUT : Other surnames which probably orig : IN PRICE BEEN RESORTED TO—EVERY ITEM MUST BE MOVED BEFORE WE TURN THE KEY @nated from these religious plays are ; x ne tak ¢} IN THE LOCK FOR THE LAST TIME AND THE STOCK HAS BEEN MARKED ACCORDINGLY — ssalmen). Mildmay is another pame “a man’s often hurt by falling In . 4 % te cetigious origin. te ia cor [TC : 3 WHOLESALE COST OR LESS ARE THE PRICES THAT PREVAIL—IT IS YOUR GOLDEN OPPORruption of the Virgin Mary. “Mild” “Phat’s only when he’s hard hit.” . 4% TUNITY ee : was the recognized character of Mary, eer rs oat % N : : 4 ence the formation of the modern WAITING FOR COLOR i ae ‘well-known surname. Here is an extract from “Stowe’s “Survey of London,” a very famous old Mook. “The third lane out of Tower “st is called Mincheon lane, so called -of tenements there, something periain“Ing to the Minchins of St. Helen’s, ‘Bishopsgate st.” Minchen comes from the German “Monch, or Manchin,meaning monk or ‘nun. Thus, Minchin lane, as it is now -ealled, derives from the former resi dence of nuns there: It also gives us “the modern surnames Minuchin. Minchser, Minch and Mince. —London Mail. “Grapevine” Method of Spreading News in City In the neighborhood stores of the “city there is an underground system of communications that rivals the ae signals of the African jungles. News is spread here as rapidly as “was the coming of the British when } Paul Revere made his famous ride. -A jesveler is robbed, and in no time -all the shopkeepers of the neighborthood: know all-about it. They know tthe details better. perhaps, then does tthe victim himself. The butcher, whose store is next to ethe robbed jewelry store, runs half a “plock. to tell his friend the delicates-sen proprietor. The latter dashes salong to pass the news to the tobacco ~shopkeeper. And so it goes. But “when three or more gather to discuss 4it, words of wisdom issue forth. How sto catch the robber, how to avoid being srobbed, where the jeweler failed to ssafeguard his goods—nothing escapes -attention. Most agree that the robbed ~one had too much money lying around “and all agree they would not do so sthemselves.—New York Times. The Flanders Chain “The “Flanders chain of geod luck” «seems to exist in Scotland in a num%er of copies, and it appeals to some tkind of superstition. I see that a “COPY, emanafing from Rumania, is «described as containing about eighty mames, mostly foreign, on a type~written ‘carbon copy of foolscap, well lled with the names and the appeal. “The receiver is asked to make nine ecopies and send them to friends, ~which would be not an indirect way «of turning friends into enemies. And the ‘further this document goes the Wonger it grows. This is a pretty -good guarantee of its early decease, vespecially as there are no money wrizes.—Weekly Scotsman. Famous Beauty Is Hibiscus ‘It has been written of one of FlorGda’s wild flowers that it “is probably ‘the most gorgeous of all the plants “4mdigenous to the United States.” This superlative praise was given to a tall thibiscus that opens crimson flowers Wve to eight inches across, says Na‘ture Magazine. Like several other -species of wild hibiscus, this crimson‘flowered one blooms in the borders of sswamps in summer, at a time when Yow grounds in many places are gay swith the southern red lily, whose upsright solitary flower, of red and yellow sepotted with purple, tops a stem set ~with many marrow erect leaves. Preparing for Emergencies Pat called upon his friend Mike, and sound him sitting in his shed with the emuch-mended inner: tube of his bi«cycle wheel over his knee. “Pyncture, Mike?” he asked sympawthetically. é The other shook his head. “Then why are you covering the ttube with all those patches?” inquired Pat wonderingly. ; “Well, ye see,” explained Mike, “when I do get a puncture it'll be alweady mended and all,”—Weekly Scotscanan, < ; His Punishment > Ab Trish fireman, rescuing a Wom Zan at a blaze, lost his hold near the "bottom of the ladder and landed hear ‘ily with the woman on top of him. -.A doctor, hastily summoned, pro -ynounced him sound, though badly bruised. “You are @octor. . : . ; “Brave, maybe, but no gintleman,” replied the Irishman, rubbing his injuries, “or I'd have let the lady go a brave man,” sald the Hirst.” & : : Master Mind ““~Bxecutive ability implies something smore than giving orders. It demands sa ‘thorough knowledge of what is be“24ng-ordered. The real executive is one ~whoe is the absolute master of every little thing entering into his completed [up suckers, “and Traffic: Cop—Well, move on? Fair Motorist—If: you please, Mr. Officer, I. haven’t seen any colors I care for in that light yet! DOWNIEVILLE ITEMS DOWNIEVILLE, June 28.—(Special to The Nugget).—Misses Marjorie Taylor and Amy Coupe gave a dancing party to a number of their friends at the Taylor home Monday evening. The guests. were Misses Sally Cheek, Sarah Cook, «Anita Coupe, Helen Sutton, Anna Costa and Katherine Smith, and Eugene Brown, Charles Cook, Milton Cook, George Taylor, Robert Burman, Warren Seott and Junior Fitzwater. Frank Nordhoff, who ~has_ been visiting Addison Brown for several days, returned to his home in the Saeramento Valley Thursday. Sheriff Geo. C. Bynon. returned Thursday from a business trip to Northern Sierra County and left Friday for Gold Lake. W. J. Duddleson, mining operator of La Porte, visited Downieville Friday-on mining business. Mr. Duddleson was accompanied by his wife and sons. Mrs. Belle C. Brown, Mr. and Mrs. Frank Brown, Mrs. Wm. S. Brown and Mrs. Dickinson of Gibsonville, were in town last week on mining business. Mrs. Brown is one of the owners of the Gold Cup Hydraulic why don’t you , Mine at Hepisdam. County Surveyor Geo. F. Taylor has been surveying the mining property of J. ©. Kretz at Ramshorn, five miles west of this place. Chas. Spengler, who is operating the Omega Mine, near Forest, spent several hours at the county’ seat Wednesday. Belle C. Brown and Wm. S. Brown have secured a patent to the Gold Cup Gravel Mine at Hepsidam. This property adjoins the old North America Drift Mine, once one of the biggest producers in Sierra County, and consists of 120 acres of hydraulic ground. The Browns have been operating the mine for several years. CALIFORNIA'S NEW BLUE-SKY RULES

By Letson Balliet. It is difficult for one to believe that any “blue-sky” law could be framed that would benefit mining. California has put forth a ruling in which I can see possibilities of great advantage to legitimate promotion and development of mineral resources. I am sure that no one interested in mining will criticize the curbing of the illegitimate. The ruling I refer to prevents all , stock exchanges in California from listing, quoting or trading in stocks of unfinanced companies. 2 It looks like a tough one. But we all have seen hundreds of impecuniized, and rush into the where the promoters unload huge bunches of personal stock, and the company is never financed. Keeps Free Stock Off Market We have seen promoters hunt up several prominent citizens, and give them large blocks of free stock for the use of their names as directors. This stock is profit at any price, and who sell it before the company is financed, and then say, “I got out before it failed.” Such transactions are like giving a gambling game, as a lure to bring then. have the xe: o co Se ae asa Sa a ee ee ee Da a a a a a ee ee Hitinieleinieieiobioieieinivioiing % * 7 reste es oS * S. Lee Leiter Closing Out His Grass Valley Store ous, experienced corporations organmarkets,a “booster” $5 to step up and play see it . 3S: ENTIRE $25,000 STOCK OF DRY GOODS : 33 h 723 LADIES COATS AND DRESSES, MEN’S SUITS AND FURNISHINGS BEING THROWN TO THE eu i MERCY OF THE BUYING PUBLIC FOR WH AT IT WILL BRING Ae oes EVERY SHELF MUST BE EMPTIED—EVERY COUNTER SWEPT CLEAN Zit HOPE MUSLIN LADIES COATS MEN’S SUITS MEN’S OVERALLS $3 % . Standard the world over . For sport and dress. SevNew styles. Wonderfully Copper. riveted, 220 Den$i % . at 25c yard. Per yd..]7c . eral fur trimmed. All good co : meee Ha im. Reg. $1.50. Now 98c ees styles. Val. to $32.50. . terials. Val. to .00. — tit CRETONNES NOW 20 $9.95 NGW 2s. $21.75 WORK SHIRTS £2 . 36 in. wide. A bargain at ety. tle Hi 25c yd. Now, yd...... 16¢ axe . stitched. Regular 75c. at ae A9c. ¢ ae KALBOURNIES Hi GINGHAMS FOURTH OF JULY SUPER Mite BE rd. Per yd Pipaoteaedicetawssscaaaaaee 15¢ SPECIAL Medium weight. ; Reg. . = See , $1.25, Now .... 74c See PRINTS : =%% . New Patterns. The reg. ? 5 Men’s a price aoe & SDs 16736 MEN’S SUITS P. armericunions . 3 i¢ PRINTS and VOILES : Reinforced seat. Reg. $1. : EEE . gususte Designs, New. FASHIONABLY TAILORED OF ALL WOOL ARR DEERE: 69°] ¢ Zz . stock. Reg 49c yd.. . c ' : ett ‘. 33°] MATERIALS—VAL. T0 $35. T0.GO AT . . DRESSSHIRTS. #¢. EXCLUSIVE PRINTS Val. te $2.50. Now $] 49. 33 ei Superior Quality. Clever : i ae: $ : * B 3 patterns. Reg. 89c. yd. § 7 7 5 : SOFT COLLARS $3% . _ 49° . e Several styles. All sizes. * FLAT CREPE SILK Reg. 35c Now.......---5c ed Several.shades to choose % ; COTTON SOX ee “ae Reg. $2.50 yard. . Es . For work, extra durable. . tee gee ees $1.49 Reg. 25c. Now........ 1&¢ tee tt SILK HOSE HOUSE DRESSES Ree, $6.00, Now "C3, 19 COTTON JERSEYS : $ Several Shades. Former . Aj] new stock. Dresses MEN’S CAPS" Pull overs. Was a bargain : + . values as high as $2.00. that have sold as high as . All Wool. New _ styles. at $1.50. To go at.. §9c]5 8 nage peepee 79¢ . $3.95. Now..» $.59 . Reg. $2.50. Now..$1.69 . ,_+, taananerchief Ks J : en's Handkerchiers Bs Ladies Handkerchiefs Reg. 25c. Now ..... 16¢ ¢ : Big choice. Reg. 15c and T H E L A C E H 0 U SE Reg. 35c. Now ....... 19¢ Ks DE. NOW -necscnnrestsceenenneeneed Qc Reg. 50c. Now ....... 29c * * : { and say “It’s a gambling. game anyway.” We have known of a prominent man being given as high as 200,000 shares.for the use of his name, when the name was big enough, and have seen such a man hand the stock to his broker within one hour after getting it, to unload it while the promoterswere advertising and capitalizing on his name. _ We have heard promoters and brokers. whisper to their friends, “We are organizing and we are going to list it right away.’’ These. friends would be allowed to purchase large blocks of stock for a few hundred dllars, to pay the filing fees and costs of organization. This stock is then thrown on the market at the opening. The buyer who buys this stock on the market opening has no chance, for the flood of stock prevénts the. company ever being financed. How Financing Will Be Done Exchange brokers can now, under the new ruling .select mines that have prospective merit, with a com-. “booster” walk off with the money . prehensive plaii of exploration and development laid down, and a finan@ial estimate-of it-scost_stated. Permits for securing these finances will be granted under the law and the ruling. Brokers can then urge their clientele to buy the stock for fi. nancing, with a promise to list it after it is financed. There is no hardship in that. The price at whith the financing must be done is stated’ in the permit. All the original buyers for financing get stock at the same price, and then when the financial problem is settled, permits to list will be granted. When the doors of the exchange are opened to a financed stock with a likely prospect, the trading begins with a mine and a bank account. The speculator knows that he has a chance to handle his stock while the ‘bank account is being spent, and stock fluctuations cannot affect the work in progress because it is financed before the manipulation begins. “ Restore Confidence. There will be no cheap stocks nor free stock to be thrown back on the market, hence I can see possibilities of restoring the public confidence in mine investments when the first buyer knows he buys for financing an industry, and later speculators know they are buying into a mine that has the money to keep right on with its work even if the stock does take a drop. Frightened stockholders will not rush in to unload on a rumor, because they know that the work is going on, and tomorrow it may be better again. It will make it easier to get the financial subscriptions bécause the man who makes the financing purchases knews that every one else is in at the saine price. No one can cut his throat with cheap stock, and when he does want to sell, he knows the assets of the company are a bank account plus the property. Furthermore, if a prominent man is given a huge block of stock to become a director, he has to “stand tied” till it’s financed. If you give him stock for the use of his name, his name has to stay there, till it is financed.’ He can’t take it out the same day he gets the stock. Financing Risk Eliminated. I'd rather go to California, with @ legitimate, meritorious promtion, uader that new ruling, than ees state in the Union, because the k of financing is eliminated. ‘Nature’s risk, ~~, 9 & and competency of management, rée— main—but business and manage ment risks are in every industry— banking included: All other risks, . such as “shofting,” “profit taking,” “promoters’ unloading,” are eliminatéd, for the mine goes right om working with its financial bank account unimpaired. The appointing of a registrar and transfer agent in the jurisdiction of California is only a safeguard to prevent crook operators doing other things outside the state while under the’ protection of this rhling. The promoters who mean to be square, with a‘real desire to opén a mine fr the production of metal ores for commerrial prfits, will _welrome this rulruling and protection, and so will California welcome honest effort at mineral development.—Mining Truth,