Show COLORADO SPRINGS EXCHANGE colorado springs cpr daily mining record I 1 the names of four well known mining men of this city and nd denver have just been posted for membership on the colorado springs mining ing stock elchan exchange 1 cr e they are george 6 martin of the well known denver firm martin kartin owen H T baldwin representing perkins clay H white who recen recently aly formed ai a partnership with W J hendrickson and J D boebeck Bon beck who will act as representative representative for partridge storer the last three gentlemen all r residents esi dents of colorado springs it is interesting to know that the increase made six weeks ago by adding seventeen new memberships has been found insufficient for the demand these memberships were almost immediately oversubscribed over subscribed for at 2000 per membership and as a consequence the treasury fund of the exchange has been increased 34 the exchange building which was purchased several years ago abo for has increased cre asid in value materiale mate materially riall y as will be shown by an offer made within the past few days to purchase the property at cash As the exchange is in the best of condition financially anci ally they did not accept this offer as the anve is considered one which will continue to grow in value and it is more desirable to have the funds of the exchange invested in gilt edge property than lying idle 1 it is more reasonable to expect that the exchange will make other investments rather than call in its entire surplus t to 0 remain dor men t in its treasury charlie Nl evans and jack brewer left the city last week wednesday for the deep creek country taking with them a lot of provisions and mining supplies their intention being to do some extensive work in the development of the brewer copper copped mine over the line in nevada about sixty miles south of toano boano this is a most promising prospect which so far has been opened up by a fifty foot tunnel but it is believed that the workings will lead into pay ore inside of feet as there is already a most encouraging showing of second class material the property is largely owned by mr brewer and M R evans and attorney will bradley of this city willie evans one of the bright university students accompanied the party and will do I 1 some prospecting and exploration on his own account ice aunt this spring the ebony paint company of manti Nl anti wm win ellingford secretary is perfecting arrange arrangements for the erection of paint manufacturing works at salina it is stated that this is a superior quality of mineral paint and it is learned that it will be extensively used by the railroad companies |