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Show it was sold a year ago for MINING N0TE8. $860 a !, share. Granite Mountain Mining companys stock sold originally for 10 cents a share; it went to $65 a share. The Mottle Gibson .Mining companys stock sold originally for 10 cents a share; it went to $13 a share. Five years ago, says The Investor, of Denver, the stock of the Gold Coin mine of Victor, Colo., was offered at 3 cents per share. The Gold Coin has been paying dividends from 1 to 3 cents per month, on its capitalization of $1,000,000 for. the past four years and the stock is now worth Five hundred dol$5.25 per share. lars invested in this stock five years ago would have bought 16,500 shares, worth today over $80,000. The Boston and Montana has paid $24,475,000. The Ontario mine has paid $14,The mining of gold and producing the 737,000. precious metals from the secret The Quincey mine has paid in diviplaces of nature has always been the dends $12,870,000. most fascinating and will ever reThe Anaconda mine has paid in dividends 19,350,000. main the most Independent and profMountain mine has itable of occupations. paid in dividends $12,120,000. The miner is the owner of the base The Homestake has paid in diviof all values. Inherent, indestructidends $10,453,750. One thousand shares of the Quincy ble value is the characteristic of his or Tamarack would insure an income product. The farmer, the merchant, of $6,000 per annum. the manufacturer, all exchange their One thousand shares of Calumet products for his. An immediate and and Hecla returns an income of boundless market takes all of the $33,000 per annum. pays $1,500 The miners output and demands more. shares thousand one annually on each This is the age of gold. Never befoton. from ore averaging $3.50 per re-have so many men engaged in The Homestake of South Dakota jf $6,000 on every y the search for gold; never in the The St John Del Rey mine has paid returns an incomeofof stock. The ore shares thousand of the world has the production in dividends $13,736,107. ton. than $4 less per averages of this precious metal been so enorThe Calumet and Hecla Mining Consolidated The Trade Dollar mous as today. Silver Mines company of City, Ida., company has paid in dividends A few years ago quartz mlnesr that has produced about $8,000,000. v York Engineering and would not yield $50 to the ton were The Consolidated California and The New Journal gives a list of two Mining despised and rejected as unprofitable. Virginia Mining company has paid in hundred and fifteen dividend-payin- g Now, ore containing as low as $3 per dividends $77,508,800. mines, from any one of which a per- ton pays fat dividends to the stockholders. Mining is the only known business where the lessening of the cost of ff.v BY INSTALLING A production and doubling of the output has not resulted in a corresponding reduction ini the value of the prod- Railroads, machinery and cyanide process in the treatment of ores are the causes of the decreased cost of production. . The spread of civilization and the expansion of commerce absorb the precious metals as a medium of exchange. The nations of the world for the pos session of gold, and fortunes are being daily made by the possessors of even the smallest interest, in a gold producing property. The mineral output of the United States, as given by the official government report from 1901, was an increase over the preceding year of $95,702,702.00. The risk of mining begins and practically ends with the necessity of finding the surface indication called a prospect, and developing the same to a proven mine. The prospecting and developing of a prospect with small capital will, by its fascinating speculative features, always attract its own large army. For the want of the little money necessary to complete the work, most of them fail just as they have won. When conducted as a legitimate, and not a speculative business, mining brings ample reward. Those who intelligently make a business of mining, succeed. Failure, as a rule, comes from bad management, ignorance or lack of capital. g are-competin- In 1892, the Independence mine at Cripple Creek, Colo., was offered for sale at $100,000; it was sold in 1899 for $10,000,000. In 1896 the Tom Boy mine at Colo., was bought for $125,000; it was sold in 1899 for $1,800,000. In 1893, the Sultana mine in Rainy River district, Ontario, Can., was bought as a prospect for $100; in 1896 $1,000,000 was offered and refused for same. In 1892 Morris Tonzen, of Moscow, Ida., a merchant tailor, received in payment for a suit of clothes 5,000 shares of Lend Gold Mining companys stock; in 1897 he received for same $8 a share and accrued , dividends, amounting to $60,000. Calumet and Hecla companys stock sold originally for $5 a share; lAX PEDRO, LOS ANGELES AND The-Gran- ite Alaska-Treadwe- ll $77,-350,00- 0. uct Table ... his-tor- . Tiirc ... ft ft ft Rocky AoQQthig Bell Telephone ft You can talk from you office or residence ft TO ft ft ft ft ft ft And to any point in ft UTAH, IDAHO, WYOMING AND MONTANA. ft ft RATES TO SUIT ANY INCOME, . 4,300 ft ft ft ft SALT LAKE R. R. CO. DEPART. Prom Oregon Short Line Depot, Balt Lake City. For Provo, Lehi, Fairfield and Mercur, connecting at Nephl for Mantl and Intermediate points on Sanpete Valley Ry.. For Garfield Beach, Tooele, Stockton, Mammoth, Eureka and Silver City (via Learning- ton cut-of- f) For Provo, American Fork, Lehi, Juab, Milford, Frisco, Calientes and intermediate points ARRIVE. From Provo, American Fork, Lehi, Juab, Milford, Frisco, Calientes and Intermediate points From Provo, Lehi, Fairfield, Mercur and Sanpete Valley Ry. points From Silver City, Mammoth, Eureka, Stockton, Tooele and 7, TO 3 m oaju a m OSUD pm Q.TC am C.TC P III C.TC 333 Garfield Beach p IT1 ALL TRAINS DAILY. Direct stage connections for all mining districts in southern Utah and Nevada. For particulars call on or address agents, Salt Lake Route, or E. W. CILLETT, Gen. Passenger Agent. owning one thousand shares of ft son stock would receive a handsome ft nual income. The same journal that in the eleven months ft ports ing November 30, 1901, the dividends ft paid by 215 mining companies aggreft gated over $145,000,000. Jt Jl ft C. M. Neuhausen returned a few ago from a trip of inspection to ft days Mineral Hill Mining companys ft the property In Park Valley, in which he an- ' reend- is largely interested. A considerable force of men are working on the property, which has passed beyond the stage of a mere prospect to that of a mine carrying good values In copper and gold. Mr. Neuhausen is well pleased with the outlook. THE SCENIC LINE TO Glenwood Springs, Aspen, Leadville, Pueblo, Colorado Springs, Denver, Omaha, Kansas City, St. Louis, Chicago, ' Tel-lurid- e, . and all points east Connecting at Ogden Union Depot with all Southern Pacific and Oregon Short Line The only Transcontinental Line passing directly through Salt Lake Trains. City. SPLENDIDLY EQUIPPED FAST TRAINS DAILY BETWEEN OGDEN AND DENVER Via Three Separate and Distinct Beetle Routes. Through Pullman and Ordinary Sleeping Cars to Denver, Omaha, Kansas City, St. Louis and Chicago without change. Free reclining chair cars. Personally Conducted Excursions. i Dining Cars, service a la Carte on all through trains. For rates, folders, free Illustrated booklets, etc., Inquire of your nearest ticket agent, specifying the Rio Grande route, or address I, A. BENTON, G. Ai P, D, SALT LAKE CITY WPDPWsawsmsmmm The Century mine, managed by p. W. Madsen and located In the Park Valley district, Box Elder county, has declared a dividend of one cent a share or a total of $1,500. While the amount is not a large one the performance is of special Importance. It is not only the first profit money to be distributed by that company, but the first that has been earned In that region. Then the profit has been made by gold mining, the most desirable and enticing branch of the industry. A dollar paid in dividend has a more musical ring and a louder sound than money that is turned into the ground again, however well it may be expended. This small payment ought to encourage further investments and more extensive development In the many promising properties in that camp; for It has demonstrated that the gold is there. Mr. Madsen in the last eighteen months has paid off a debt of some $16,000, besides increasing the equipment, doing a large amount of development and settling a number of lawsuits. It is estimated that enough ore is now in sight to run the proof present capacity duction, about $2,500 a month, for a year and a half. Besides proving the |