The Mine volume 10
The Mine volume 10
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In our eReader you can find the full English version of the book. Read The Mine volume 10 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Mine volume 10
What reading level is The Mine volume 10 book?
To quickly assess the difficulty of the text, read a short excerpt:
Evidently, even if all the Comstock mines had been worth the price asked, California and the rest of the Pacific coast did not have a tenth part of the available capital to sustain such a valuation. "When the trans fers at only one of the three stock boards were $50, - 000, 000 for a single month, it is evident that the pace had been set pretty fast, for prices had now become so high that nearly every one was compelled to buy on a margin; there was not money enough to do otherwise. Naturally th...e "shorts" had their innings. A few stories that the bonanza had given out started a ruinous panic at the close of February that completely demoral ized the money market. Consolidated Virginia fell two hundred dollars per share in a week. California lost sixty per cent of its market value. Other stocks on the lode and outside fell in much greater propor tion. The result spelled ruin in large capitals to thou sands of families. The Bank of California failed in August of that fateful year, and Ralston, the main spring of countless enterprises, died in the waters of San Francisco Bay.
What to read after The Mine volume 10?
You can find similar books in the "Read Also" column, or choose other free books by Charles Howard Shinn to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Evidently, even if all the Comstock mines had been worth the price asked, California and the rest of the Pacific coast did not have a tenth part of the available capital to sustain such a valuation. "When the trans fers at only one of the three stock boards were $50, - 000, 000 for a single month, it is evident that the pace had been set pretty fast, for prices had now become so high that nearly every one was compelled to buy on a margin; there was not money enough to do otherwise. Naturally th...e "shorts" had their innings. A few stories that the bonanza had given out started a ruinous panic at the close of February that completely demoral ized the money market. Consolidated Virginia fell two hundred dollars per share in a week. California lost sixty per cent of its market value. Other stocks on the lode and outside fell in much greater propor tion. The result spelled ruin in large capitals to thou sands of families. The Bank of California failed in August of that fateful year, and Ralston, the main spring of countless enterprises, died in the waters of San Francisco Bay.
What to read after The Mine volume 10?
You can find similar books in the "Read Also" column, or choose other free books by Charles Howard Shinn to read onlineMoreLess
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