Show the salt lake stock market by R J EVANS like a strong healthy man on a lonely arock rock in mid ocean watching waiching for the craft ithac hat will save him from slow death so the past year has been one of continued expectancy and hope tor for a revival of interest in listed securities that can be its only life saver that the element of financial risk enters into the bus business iness of mining I 1 grant you although I 1 will not concede that the percentage of risk is any greater than that attached to any other investment the proof of this statement has been most forc eaby impressed upon us in several instances during the rast past year both among railway and industrials not only in the suspension of dividends entirely but most dis ast erous shrinkage in the principal the performance in the house of the new york new haven hartford railroad would had it been one of our big mining com banies set a stage that would have been bean exhibited and the injustice of it all her heralded aldea the world over as only another of the many bunches of the mining game mining is a legitimate business it is not gambling when intelligently followed it is as safe as banking and ott off times much more profitable mining requires capital persistence pers istance and scientific attainment to be successful the mining business has been likened to the life insurance business who doubts that life insurance is a safe business yet the insurance of a single life is filled with hazard by assuming enough risks to reach the average of loss life insurance becomes a safe business the effort to make a mine from a single prospect may be hazardous by co opera tion in cooperation we may reach the average 1 and metal mining like life insurance becomes a safe business brokers have been blamed for bo boosting ost the market when stocks go up and cursed when stocks go down the past 1 year should ha have v e been an eye opener for i t such as have been of that class it is the public who buy stocks up and nd it Is the public who sell stocks down the broker is only its agent the same as your real estate agent your lawyer or doctor there seems to be a misconception as to the position of the stock exchange to the mining industry and the public the exchange is nothing more or less than a convenient place for meeting where those meet who have subscribed to certain rules that must be followed in the purchase and sale of stocks for their clients who pay them a reasonable commission for executing president salt lake stock and mining exchange their orders and are in the same position to their clients as the real estate broker is to his clients what we should and are endeavoring to do is tor to educate the people to use the same sound judgment in the purchase of 01 mining securities as they exercise in their zither other investments when we have accomplished this then the mining broker will have the same respect as other professional men and which respect he has al ways been entitled to if he is an honest man and knows his business with the new year the feeling is that we are on the eve of a period of great activity with the several perplexing questions of national importance settled we should soon be fixing our cap tor for a term of great prosperity the papers of the east are showing a better feeling toward the mining industry of the west realizing the importance of opening up new ore reserves to take the place of those that are so rapidly being depleted during december a movement was started by a committee appointed by myself as president of the exchange that contemplates the organization of a state mining institute whose purpose it will be to give publicity to the mineral resources of this state to assist the prospector the mine owner and the investor assisting each in obtaining reliable and up to the minute information etc it is a good move if successful it will be a power for good push it along encourage these men who are giving their time and ability with no hope of compensation only as you are compensated through the success of the movement and every man woman and 1 child in this state will be benefited directly or indirectly other states have tried it and have been greatly rewarded for their efforts only one new mining district has been opened in the state during the past year even at tb that at what do you know about it ita with the going of old mercur that has millions of good clean dollars to its credit we usher in the new district bull valley in washington county utah good ore ranking high in value of the ton is coming out of this camp the like of which has never been surpassed from any district in tiny this country and my inform information aaion is to the effect that the veins are large and well defined let us hope that it will prove what it now appears it may be the greatest creates t gold producing district of the state the following tables will give you an idea of the ups and downs in stocks and the total business on the exchange during 1913 listed stocks high low sold sola bec beck tunnel 12 04 Bing bangham liam amai amal 06 03 black jack 1312 13 06 brooklyn con 02 02 carisa 07 A 05 cedar talisman 00 colorado mining alining 22 09 columbus con 16 07 59 t 5 crown point 04 00 daly 1 00 daly judge 5 00 eastern prince 02 0 00 0 eagle blue bell JL 00 east crown point 00 00 east gintic tintic con 00 00 east tintic gintic dev 00 00 emerald 06 06 1000 benl thomas 07 05 gold chain 46 18 1 0 00 aff grand central 77 47 indian queen 00 Y 4 00 iron blossom 1 10 iron king 04 00 2510 keystone oba 05 3 king william 07 na u nn lead king 01 lehi tintic gintic 03 00 lion H 1 05 04 01 0 little bell 15 10 lower mammoth 05 00 ya musgrove 13 10 mammoth 60 50 70 mason alason valley 3 75 may day 23 05 mineral flat 01 00 mountain lake 04 01 nevada hills 50 ohio copper 32 Opo hongo 07 of 02 9 rn pioche demijohn 07 00 pioche metals ooyd 00 00 pittsburg idaho 1 00 OG 05 prince consolidated is 18 provo 0 01 1 A 00 rexa I 1 02 00 seven troughs 0 4 ak 01 silver king coal 2 40 silver king con 75 seven troughs coal 13 13 silver shield 02 01 1100 1106 sioux cons consolidated oli dated 05 01 south iron blos 00 00 swansea con 0 00 04 7 02 2 5 tintic gintic central 0 01 00 united tintic gintic 03 00 uncle same 13 03 utah con 00 0 0 3 11 00 union chief 07 00 victor con 04 03 64 28 wilbert 12 05 yankee con 16 az yerington copper 07 01 4 gold birc e crown 01 01 2500 inyo gold 01 01 moscow 40 19 2500 unlisted columbus ex 08 00 american flag 40 25 alta con 57 00 bing metals 32 32 bing cent std 1112 11 05 federal ely 02 00 dragon con 35 15 ely witch 08 06 1200 rico pico well 38 3 8 07 south hecla 22 00 2 3 santaquin San king 0 03 3 A 01 thompson quincy 56 19 mcdonald E ey y 25 15 20 ne new nev v yerington 11 14 1 1 00 apex 10 03 home run AG 01 04 man big four 90 90 0 d america 01 4 oil 01 rochester M 60 60 2000 round man 58 58 utah mine 03 03 1200 utah M coal 30 30 tintic gintic standard 10 05 montana bin bing 03 02 2500 demijohn con 00 00 totals 4 for 1913 month shares value january F february march april april mv may 9 june julie suly M w n i I 1 7 05 7 75 9 A agust iao acm k sap tt 1 e m tt I 1 er aft flo fi 0 ol 01 r november vember Dc enber 3 4 3 44 23 T tal 6 3 91 |