Show MINING ININ STOCKS r SKY lUE-SKY LAWS LANS OF LiVE LVE KANSAS Statutes Designed to Frighten Wid Cats' Cats nd e nd Other Corr Corf Corporate Cor Cor- C r f Animals t Throughout th tho tc cou country tn Interest has Jia what i Is now In manifest p Kan- Kan called the sky Blue law of gly lal cAled was derived from Iron ts ns The appellation wag wg that It was WAB he suggestion of or some Primarily prevent rogues rogue designed to o and Innocents abroad from iy to the go good d people o ot lue drastic pro pro- ansas Some ot of the are aro com com- Investment ton 1 de defInes an that term include van pany making concern Incorporated ted or oi every ever which 0 offers ers stocks bonds other securities for sale salo to tho the pubIC pub pub- r before ofF of- of IC that Section 2 provides F or attempting every to iT sell sel stocks H coman com com- or orther te he an my flier ther office of tim the or 01 bank foreign shall r file tie g or of orhO tn In h with a filing Leo feo or of together hO he state wih documents to w wit U 3 60 the thc following showing In lull full ful details statement which It proposes to the plan upon ot of all con con- business A COP copy al instruments bonds or other with or sell to make sel selo It proposes propose A statement which o 0 its Is contributors and location ot of the hali hal Investment show the company name and au dl itemIzed item item- iem- iem account ot of its actual ff financIal con con- J S Is Sr arCa and the tho amount ot of its Is property diton other such and and ud I liabilities abilities said bank touching its affairs as QS bak tion ton Is require If such Investment in- in may I J Sll vestment commissioner or company an unincorporated shall be a part co-part- association aton commissioner It I shall a also copy tHe file of with wih Its Is articles thc bank banI ot of and all t association or al alother pertaining to Its Us organ organ- other papers paper organIze or- or and if f It I be a corporation It ot of Kansas under the tho laWs I bank commissioner commis- commis with the fib shall also wih articles of oC its of loner a 0 copy Is and and laws by co constitution pertaining to Its Is or- or other papers al If it shall be an investment invest invest- I organized under unde the company meat ment state terrItory or other ot of any caws unincorporated Incorporated ted or government It shall also tHe file wih with the tho said I copy of ot the tho laws commissioner a a- bank u i n of ot such state Y or government i which it t exists or Is incorporated and under aIso iso a copy I ot of Its charter articles and bylaws bylaws by by- constitution incorporation tot ot amendments thereof which laws and all laws al other papers have been made and all al ben pertaining to its Is Consents to Suir Suit Sui J 4 states that ever every foreign r Section Company company 1 1 I e. e JJ organized jd other state under the laws of oC ft any consent that actions roust mut file me written It in an any nay may be be commenced against i on or I b the tho service of by l in Kansas county on the tho secretary of at state slate and process fc that suck service servie shall be be- be beas as valid ald and had been beon If due service P serice made mada binding upon as tho I company compan itself accordIng according accord- accord laws of oC Kansas or any other ing to the thO los K Ute L u t t f In following sections mo un lonor Ion or is put almost under penalty ol of ot I death to make elaborate elaborate examinations do dc doS Into companies No o company can S business In the tho state until said papers J become op op- op rare re filed no amendments until duly filed every a agent ent r r. r 4 must register and pa pay 1 U 1 fee tco and the thc theT T commissioner comm has the authority to re reI revoke revoke re- re voke yoke his license for or cause appearing to him sufficient I i Twice Tice a year car elaborate statements must be ma mayo c by all nI companies f l Facets Vace oce Section 11 Whenever it shall appear ap ap- I pear to the tho 1 bank commissioner commission r that the tie doIng dop do- do assets of any investment company p Ing business in the tho state are arc impaired to the extent that such suel assets do notI not eQual its liabilities or that It Is con con- I ls dueling Its business in an unsafe IneQuitable inI In- In ls I eQuitable or unauthorized manner oris or I of ot it its fc is jeopardizIng the tho Interest or investors in stocks j bonds or other securities by It 11 offered I for sale or whenever an any investment t. t compan shall fall fail fal or refuse to file tUe any papers or documents re- re b by this act without giving satt eat eat- t reasons said bank commissioner shall at once k tte cate such facts to the attorney genera general gen gen- era eral who shall thereupon apply to the tho I supreme court or to t the e district court where such tuch company compan Is located or Is doing business or to n a judge of or either p of ot said earn courts court for or the appointment of at a n t receiver to take charge of ot and wind up the business of ot such investment t comp com com- p ny 1 Section 12 provides s that any person making false statements with Intent to deceive shall be bc guilty of or felony and m fined not Ic less leas s than OO nor more than I and be Imprisoned for not loss II than one year nor more than ten years In tn the tho state penitentiary l Section 13 provides that an any person I who ho shall soil sell or attempt to lo sell any an Insecurities r or do business when the provisions of at the net act have not boon been t fully complied with shall bo be deemed i I guity of or a misdemeanor Conviction y means not less than fine and not t I more more Inore than tan and md count county jail jaB son son- fe tence of oC not more than ninety days das or both MINERS GET GE SUNDAY AND HALF PAY t 1 Manager i I. I E. E Rockwell of ot the Un- Un 1 le e Moore Mines company compan has intI- intI IntI Int- Int a new feature in the tho mining In- In I p of or this region and one that thal un- un r will wm be bo adopted b by otherl other othet l II companies hereabouts ii He has decided rA to to give his a CIa ca clay oft off at on Sun- Sun i. i day they to receive halt half 1 ah t a days data pay 4 I B A C e m men n nr decidedly pleased with ji I the arrangement and to say that the thc they i y t Manager action acton r ii Is B drawing draving it I mildly It I means that 1 th 3 will wi receive a little I than inan In two full rul days days' pa pay each month i Id b besides having a n layoff Inot on the Sab Sab- bath oath ath in the Butte Butlo mines the 1 I haye vc a holda holiday on Sunday but the they I. I I raw draw no pa pay on that day dayWood Wood I giver I er Idaho Miner NATIONAL MINES MAILS BARS Sends to Salt Lake Office During the Past Week It lit I comes from tram pret pretty good authority that the fore tore part of last ast week tho National Mines lInes company of ot northern Nevada Nevata shipped to the Salt SaI Lal Lake e d States assa assay office approximately in gold old and silver sUver bullion bumon This comes In the pound four-pound packages which are sent through the mall mail mal These Thes bars carry approximately oo to a n little lite package Tho The bullion bulon averages 45 per cent gold and 65 55 per cent silver siver which means that each bundle carries about in gold rold and 24 In silver Last week the mine shipped out a on pound lot of or Its Is concentrates from the thc so called cal so-cal cd low grade dump ores which brou brought ht about 1000 to the ton Relative to camp affairs the tho National Miner says It I is 18 not skimmed milk mik but the tho richest rich rIch- est eat and ond b best st sore soro of ot golden cream that tho the Miner Iner can boast bORNt of or this week It Ie assay sheets and street exhibits ac account account account ac- ac count for anything The Tho camp has been in high good humor and anticipations tons Lions over two O strikes during durIng the week which puts put National outside of ot th the purely high grade mine camp The finding of at rich ore oro on 01 the Kennedy Kennedy- Macdonald lenses leases has lias been common property for the past ten days The return on the oro ore gives these results silver siver 1 gold a total of or per ton On Sunday tho the Dwor leasers cut into the famous blue talc so characteristic characteristic char char- of or the National district and from Crom tho amount of ot specimen stuff taken with with more gold than the rock rock the Dwyer Libby DW Libby er people ly J y are on tho the verge of ot another bonanza shoot the thc sort from which the Stall Stal leasers took over a million dollars ina Inn in ina a n very ery short while Tho The camp is la on an onward and upward upward up up- up- up ward gait gal with greater prospects Insight In hi insight sight than those past achievements which credit credi National with wih such an enormous production of or gold and silver The DW Libby Dwyer Libby er workings Is now cutting through th the thi vein along the same samo Baro trend from the National Mines In g company's compans workings The hanging wall wal was penetrated In the vertical shaft shaf the they are arc sinking sinking- and when the body of at tho time blue talc was was was' opened which mak mattes makes s considerable of ot the time vein filling small smal particles of ot high grade high were picked licked ed out out In these worl workings ore of or grade high value was not expected to tobe too tobo bo be o found at a a level so n ar tim the sur- sur race face The Thc shaft was then down about 16 feet feeL SOUTH UTAH AFFAIRS BETTER Months of June and July Show Sho No Profits But Better Beter Months Ahead Reports from Beaver er Bea count county are ro that that the he So South th Utah Is rounding out mining matters maUers In such fuch shape this month that the tho report for August will wi be bo unlike e that hat for tor the two preceding months but should show a slight profit profi However However How How- I ever the mill mil has been undergoing II renovation for tor it t good rood part of ot the tho past month and the profits will vIll wil no doubt be e much lighter than what the they should I bo be o for the coming month of ot Septem- Septem her ber jer when hen the mill mi should handle a much nuch heavier tonnage wih with higher re ro- ro coven es Relative to the operations for Cor the two wo last months month a n Boston director gives Ives out the following to the Boston News Bureau lureau South Utah Mines and Smelters suffered suffered suf suf- extremely during during June and July when one half one one-haI of or the mill mi was shutdown shut shutdown shutdown down for tor needed overhauling and re re- re pairs This resulted in much higher cost of ot production and smaller s aler out out- puts Tho The second section was again put ut in commission early this month eo so that the Au August operations should result In Ina a much better beter showing resul Production of all al metals for the past mst four months we compare as beI helow be- be I low ow July June JUle May lIay MI April Apri Copper Ibs lEOO lOOM 14 Gold ois 62 2 ES 55 5 51 SI 9 92 Silver 0 C G 1 12 1235 1601 1107 19 1925 Not only onh operations seriously hampered but hut an extremely low grade grado of ot ore was treated tho the average of at that milled in June being down own to 1 per cent copper while in tho thc following month a It hind had improved to 10 o per percent cent Tho company made no pr profits durIng during dur- dur Ing ng the tho two months under review REVIVAL OF MINING DOWN IN BEAVER The tremendous revival re In mining along the Salt Lake Route has progressed progressed pro pro- gressed to an Sal extent where the demand deman the or cars for shipment is ms such that railroad Is really embarrassed says Bays sa s 's the Beaver County realy News Last Saturday Saturday Sat Sat- tho the train for tor Frisco and Newhouse Newhouse New New- cw- cw hero until after 3 u house was held hold aCer o'clock in the afternoon In order ardor that cars mi might ht be bo brought in b by special car train from Lynn to be tal taken en up to Frisco and N sufficient to enable en enable enable en- en able the mines up there to get Jet their ore and concentrates out of ot the wa way to tho the end that they thoy might continue opI op op- op I orating In short the they are producing so heavily that there is a lack of or cars carsI carson carson I on many occasions and the ore and concentrates accumulate to such an extent ex extent ex- ex tent as to seriously hamper further op op- op- op While tho the shortage c of or cars may be bo an embarrassing embarrassing proposition L still at tho the same time it indicates tho the sti saro great prosperity of ot this section of oC the Ole country and any railroad which has In actual use uso all the care car it I can get is certainly doing al a cr very thriving busi busi- ness Everybody doing concerned is entitled to congratulations MINING INDUSTRY IS PICKING UP FAST Mining must be bo picking up up or wo IVO would not be bo doing doing tho time business we weare weare weare are remarked a a wel-l wel well known mining machinery man Just In one week ono house sent scat out five ve compressors and andI I know ItoW of at another which forwarded two the tho same week This ia is only a mention menton ot of a heavy tonnage of various kinds of or machinery that la is ls pouring out of ot Salt Sal Lake Lako every ery week these days This kind of business has bas been IJen going on pretty much all al summer With Wih tho the metal prices holding up I look for the year rear ear ma to be bo by far tal the tho biggest in inthe inthe the history of ot most of ot the tho Western min mining ing states It I all al means mean prosperity t not only to tho the miners tho the mine maine owners own- own ers era orI but the tho entire Inhabitants of ot tho the country Take Tal e Utah Nevada Idaho and Montana for tor in- in tance They have lave an aggregate an annual annual annual an- an nual production of or minerals of or approximately approximately between and OO- OO Think of ot it It I. I a fifth flUh of u it billion billion bil bil- bl- bl lion dollars and ever every year at nt that All l those tremendous values dug tug out of ot the tho earth once every twelve months b by our sturdy minors miners Going some isn't WEEKS WEEK'S TRADING MUCH HEAVIER Outside Outside of One or Two Issues Fluctuations Have Been seen Slight Business on In the I local nl exchange for the te pas put past week showed a n gain ot of over ores 80 as ns corn com compared cm pared with the previous week weel During th the week reek eek Conol Consolidated has bos gained twenty points pint Lower Mammoth lost one OM and Ind one ball points pints and UI Uncle lo Sam rained gained half a point pint Ohio Copper Cp r has ha hs begun un b to lo Mil II locally aroun around 83 13 S cents cento New York has ba started up a 1 little while Union Chief lost a 1 point Outside 0 of these little little- fluctuation has been bren manifest I la In local Issues S1 Sales 8 for the day amounted d to valued at O I for the th week the total was wag 2 76 shares valued at Ht Official quotations yesterday were an as follows I Did Bid hl I AI Ask Ask- I 1 Bid d. d I Ask Heck fleck Ton Tn C 10 lOl 2 Mb In Fiat Int 01 I 02 lung Am 55 05 07 01 Lake Ot 04 O r Ink Jack 13 I 2 Nev e 10 Hk rb 11 r. r lulls 20 22 OTal TaIls Co 4 0 S. S York 03 03 0 Cob Mn 19 20 rhio j. j 53 8 85 8 Cot Col Clo Con 20 0 n O. 1 13 13 Con Cn Mer r D. D O O Cm Vt 11 0 03 0 loehe M. M 02 03 0 Daly Daly I 50 9 J. naly-J. 5 0 6 62 0 0 F Prince OU 02 1 Con 16 1 O E. E J C. C lt OO O V Cn r 0 1 02 07 01 Seven T 02 0 03 0 Gold Cha Cl 13 37 S. S K Coal Cal 75 30 Or Gr 3 61 S. S K Con Cn 03 10 Indian Q 01 Cl S. S Shield 00 iron Irn Bios mo 1 Ol S. S Cn Con 0 O OP l iron Irn KI King 03 0 06 O S. S I. I mo BIos 00 03 OI J. J Bowers 02 Swan 0 0 06 O Keystone Keyton 07 0 12 |