Show 0 THE THE MINES MINE One Impressive fact tact stands out in the story of ot mine and smelter re results results suits for tor 1906 and that Is the certainty that Salt Lake is rapidly taking first place in the United States as the center of ot mining operations In magnitude of production extent of or operations under underway underway underway way and in prospect In smelting out nut output put and capacity in dividends paid and andIn andIn andIn In promise for the future the zone of ot which this city is the natural and ac actual actual actual center cent r has made more rapid strides than any other mining country in the world during the year Just past The increase in dividends in round numbers in Utah is a million dollars The Increase In value of or Utah stocks not including the unlisted securities is over The apparent increase In of ot output ut including ores from other points is hf i over Analyzing An ly the output figures figure copper cop er shows an increase of almost exactly e 9 pounds lead pounds silver sUver ounces Gold alone shows a of n JJ R es or an Increase ae in tn dollars and cents of Practically every ever n I I mine iri lii has done don better during 1506 1906 than It did in 1905 and the only marked exception decreased its divi dividends dividends to accumulate a surplus with which to meet inee litigation and provide for business ss contingencies c easily ex cx explainable A number of ot properties have gone Into the dividend list which were not there a year ago and anil others which could easily have distributed a good part of or their surplus have applied big sums to betterments the acquisition of further holdings and similar yaN In in the Iq values of f listed stocks In a word ord the year has been phenomenal for its activity ct v vIty ity its tremendous Increase In output and ad earnings earning Its advance in prices of ot copper and silver slIver and its enormous ad addition addition to the wealth of ot the state and of stockholders in its mines and smelters it Quite the most significant thing about this remarkable showing is the evidence that H It Itis Is Js based on permanent condi conditions conditions conditions The advance in copper has been beena a n large factor in the increased earnings but the proved conditions in the mine afford ample proof that at much lower figures all the big properties could maintain their present large output with an increase se in most of them t em due to better facilities and equipment now being installed or planned The mines of or Bingham will all show bigger and better In the th next n twelvemonth Bea Beaver yer ver county with Its Hs Newhouse use prop properties properties and others has already proved up much bigger ore bodies of better values than were anticipated Tintic and Park City and Alta Ails are moving forward with the procession so that the outlook for tor the Industry and the themen themen themen men who have their millions invested in it have a most promising outlook be before before before fore them Another factor In the outreaching growth gr p Salt Lake asA cap capital Italis ital itai s the activity of or its mining g men and their associates in the development of ot Nevada The number of or Salt Lakers who have Nevada investments Is no noless noless noless less astonishing than the resultant wealth that Is flowing back here from the sagebrush camps In Tonopah Goldfield Fairview Manhattan In Beatty and and Greenwater and Searchlight and l Ely rEly and Rosebud wherever the prospector has found indications of ot wealth Salt Lakers have been on the ground to take advantage of ot the opportunities and ap apply apply apply ply their experience and knowledge of ot mining to successful development work This Interest In Nevada Is only natural because In the early days das Nevada fur furnished furnish furnish nish d this state some of its most mosE suc successful mining operators and many of ot them are only returning to a field fa familiar I millar to them when they were young oung younger er ere If It the figures could be collected the amount of ot Utah capital interested in Nevada would astonish everybody but those who have hae watched the trend of ot investment and the personnel of the managers of the new fields Reciprocally the Nevada camps are showing their appreciation of ot this con condition condition condition by their friendly attitude toward this state and city Nevada ores come here for tor reduction Nevada mine own owners owners owners ers buy the major portion of ot their equipment through Salt Lake houses their merchants do business here and their biggest bigg st properties draw Their ex cx experienced p men from here The result resultant resultant resultant ant benefit to both states Is incalculable ble and it may be approximated only by the tremendous growth of Salt Lake the fortunes that are being made here and the certainty that it is to be a great city founded principally on the mining Industry in the territory of ot is the metropolis |