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Show THE CITIZEN aaPoaessaMKSsgggsa Salt Lake Stock Exchange, 26c Bid, 27c Asked Buy Bingham Galena stock and do it today. It is now easily the outstanding list of mining securities. A rise to new high levels is incubating. low-pric- s It on the whole nt ed is officially stated that the raise being sent up from the Niagara tunnel level of the BINGHAM GALENA MINE, body of solid galena ore has to date followed the feet vertically below the surface on the recently discovered two-foore upward, and on the dip of the vein, for a distance of about 44 feet, and is making an extremely encouraging showing. A general sample of the ore that is now being broken down in the course of sending up the raise, as officially taken, assays per ton. as follows: ZINC, 19 per cent SILVER, 11 ounces LEAD, 47 per cent 800 4 speculative-investme- ot i P K A sample of higher grade ore, that was not included in the general sample, gave this official per ton return : ZINC, SILVER, 17 ounces LEAD. 81 per cent per cent as There is great cause for felicitation. This may be classed as superb ore even in the camp of Bingham, lead-silvore. it is for its enormous output of rich far-fam- ed er s and earning basis. Boasting as it does of remarkable tunnel and transportation facilities, valued in the hundreds of thousands of dollars, it will cost the BINGHAM GALENA MINING COMPANY only 85 cents per ton to transport this ore from the face of the orebodv to the smelter yards. AND. according to company officials, the net smelter returns on the class of ore represented bv the general sample described above will be fully $32.00 per ton, despite the prevailing low price of lead. f jl i Mine Manager Eugene Grutt reports to the company that raising operations to prospect the orebodv, as now cairied on at practically the beginning of operations, are rapidly affording stoping ground on the new strike sufficient to warrant the EXPECTATION that within ten days or so regular shipments to the smelter can be made at the initial rate of about eight tons per day. The net profits on this restricted probable initial baby output of $32.00 ore if continued at only the same rate for the period of a year, would be equal to 33 per cent or the market value of BINGHAM GALENAS entire outstanding capitalization, and if only tripled would i;c 100 per cent. 1- -3 entering its earlv production stage from a single recently discovered ore disclosure, is selling todav at a valuation of only $150,000. Is it. indeed, not apparent that BINGHAM GALENA stock at this time is selling for only a small fraction of its real and potential value, and that the shares are in line for a stock market advance of really sensational proportions? CMI. 9 Barclay C(Q) Stocks, Bonds and Investments ESTABLISHED 1898 Members Salt Lake Stock Exchange BRANCHES: PROVO, UTAH, AND EUREKA, UTAH Phones: Wasatch 2870, 4154, 2673, 2675, 2716, 2747, 2765 Ground Floor, Stock Exchange Building Salt Lake City, Utah |