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Show THK MINIM KXCHANGK, The oponiug of tho Suit Lake Mining exchange, which occurs next Thursday, will be an important event in tho commercial com-mercial history of this city and territory. terri-tory. That it will be a success there is no doubt. The organization is composed com-posed of well-known mining operators, capitalists and business men generally. It is not tho object of tho exehango to deal in mining stocks alone, but also to assist iu tho developing of mining properties. Tho fact is that tlioiuiu-eral tlioiuiu-eral resources of Utah have not begifu to bo properly developed. What we need is ' mining boom, and the exchange ex-change can in many ways be of great ussistanco in inaugurating and maintaining such a boom. A genuine' gen-uine' mining boom " will bo of more benefit to Salt Lako than a doen real estate booms. See what tho mining strikes in Colorado have done for Denver. Den-ver. All the wealth of the Colorado mountains is tributary to that city. Salt Lake City maintains the same relation re-lation to the mines of Utah as Denver does to those of Colorado. What tho mountains of Colorado have done for Denver the mountains of Utah enn bo made to do for Salt Luke. The Utah mountains of w ealth are all tributary to this city. The mountains surrounding surround-ing this city, as well as those all through Utah, aro full of gold, silver, lead and iron. All thai is needed is exploration and development, develop-ment, and for such purposes capital is frequently demanded. This demaud, no doubt, will be supplied to a largo extent by members of the milling exchange. ex-change. Thu purchase of mining stock will materially aid partly developed mines. The prospect of favorable silver legislation has awakened new interest in the mining min-ing business, and when silver is giveu its honest standing a boom will surely follow in this territory. Taking everything every-thing into consideration, the exchange has been organized just at the right time. Everything seems ripe for it. |