OCR Text |
Show M in in a Sales Trajsaotioss. There has been for the last week a decided de-cided improvement in f ho ronditioQ of the minirjif market. We have heard of several sales beiog made and of several in fair process of consummation. consumma-tion. A better feeliog evidently exists among those who buy mines to work, and also among those who buy to develop de-velop them into an assured condition of prospective permanence with a view to placing them on the market at a considerable profit above oost The dullness of the mining market for tbe last threo months was not the result of any lack of eon filenoe in the richness and extent ex-tent of our mines upon, the part of speculator! and capitalists, but was caused by the high prices asked by owners for undeveloped pros-peotfl. pros-peotfl. Thero ia no difficulty to-day in negotiating east or west a sale of a good mine at a fair price ; but a simple sim-ple prospect will not sell at a round price except to a purchaser who h aa mere money than brains. |