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Show AM (GALENA SsiflQ Lake Stock Exchange 37 IBM, 88c Asked! STEADY, orderly advance in BINGHAM GALENA stock is being registered daily on the Salt Lake Stock Exchange. The best educated buying which has yet made its appearance in the is3ue is taking place. We have personally executed buying orders for Bingham Galena stock in the market within the past few days for some of the mining men in the State of Utah.. The talent is beginning to enthuse as rarely before. It is apparent to us that BINGHAM GALENA stock is grooming itself for a rise of sensational proportions. A y market for the stock is now incubating. A best-poste- d run-awa- In our newspaper advertisements a week ago we presented the facts with regard to BINGHAM GALENAS remarkable mining equipment and extraordinary facilities for the production and transportation of ore. We showed clearly that the prospect value of BINGHAM GALENA stock is $1.46 a share, based upon the appraisement alone of the value of the companys 485 acres, adjoining the $100,030,000 mine of the United States Smelting, Refining & Mining Company, in the Bingham District, figured at $1,C00 per acre; the rights to use the Niagara Tunnel of the United States Smelting, Refining & Mining Company, 7,000 feet long, of which the BINGHAM GALENA owns 3,000 feet, which we valued at $250,000, and the companys surface and underground equipment, including 10,000 feet of workings, upon which we placed an additional value of $200,000. Recently, in our daily advertisements in Salt Lake newspapers, we presented the complete report of William T. MacDonald, mining engineer, now in the employ of Phelps, Dodge & Co., and of Eugene Grutt, mine manager, setting forth the facts with regard to the silver-lea- d discovery in the BINGHAM GALENA mine of a solid body of high-grad- e ore, now opened up on the Niagara Tunnel level, at a vertical depth of 800 feet and at a depth of 1,500 feet on the dip of the vein. The reports of both Messrs. MacDonald and Grutt are in agreement that the strike is of an extremely favorable character. They from which production regard it as highly probable that further development will result in the opening up of a rich and extensive on a large scale will be made possible, as a result of further development which is now in progress and will be pushed forward steadily and energetically by a large force of miners. ore-bod- y, referred to is only one of several on which development work is now being prosecuted. The 485 acres, comprising the companys Bingham estate, is a virtual empire of mining ground, of great potential value, most of which is yet unscratched. Mine possibilities may be described as actually PRODIGIOUS. The ore-showi- ng How best may these prodigious possibilities be reduced to dollars and cents per share, figured on the basis of Bingham Galenas out- standing capitalization? Here is some light from the Lamp of Experience: There follows a table showing the gains in both dollars and per cent that were made by a selected list of Utah mining stocks in the r or silver-leaissues. past. Practically all of the list are The difference between the low price and the high price, as set forth below, is the difference between the early appraisement of the properties by investors generally, before th? mines became heavy produce, and the value placed upon them later. lead-silve- Low BINGHAM (Silver-lead-coppe- DISTRICT High ''Gain Silver King Little Beil . r) Utah Apex Utah Con $1.00 5.00 U. S. Mining 5.00 3.00 Utah Copper 03 Shield Silver 2.C0 Boston Con Bingham Mines .... 2.00 35 Ohio Copper PARK CITY DISTRICT $8.87i2 79.00 70.00 132.00 1.55 35.00 50.00 6.75 787 1480 1300 4300 5060 1650 2400 1828 1.00 07 3.00 Wabash . . . . TINTIC DISTRICT (Silver-lead- ) Grand Central .... Bullion Beck Lower Mammoth .. Colorado May Day Tintic Standard (Silver-lead- ) Ontario Keystone Daly West d 46.00 1.00 56.00 4500 1328 1766 . . . . Sioux Con Iron Blossom Cent. Eureka Swansea Utah mining stocks by those who bought at the bottom and sold at the top; that the biggest percentage of gain, that is to say, the that the stock of the greatest percentage of actual profit, was made by investment in the issues that originally sold for United States Mining Company, whose property adjoins that of the Bingham Galena, rose from $5 per share to $70 a share during the period of the mines development, and that THE AVERAGE GAIN MADE BY THE EIGHT LEADING BINGHAM STOCKS, WHICH HEAD THE LIST, IS 2350 PER CENT. IF BINGHAM GALENA stock, which was brought out at 25 cents a share less than a month ago, repeats and enjoys a market gain of 2350 per cent, it will in time advance to fully $5.87 J2 a share. cents-per-shar- We said in our advertisement a week ago Tuesday, when the market price of BINGHAM GALENA e; stock was 32c a share, and we reiterate today: We predict a 100 per cent rise in BINGHAM GALENA stock within 30 days, 200 per cent within 60 days, a market price of share or higher by September 15, and WE BELIEVE THIS FORECAST WILL BE MADE TO LOOK TAME BY ACTUAL $1.25 per Child, Barclay & Company STOCKS, BONDS AND INVESTMENTS Established 1898 Ground Floor, Stock Exchange Building Phones Wasatch 4154, 2870 Branches: Provo, Utah, and Eureka, Utah Members Salt Lake Stock Exchange Salt Lake City, Utah. |