| Show OUR BIG MINES AND LEAD AT SIX CENTS PER POUND many times in years gone by markets for mining stocks have suffered through declines in metal prices within a week or two we have had an example of this condition caused through the reduction in the settling price of lead to ac a pound and a lower zinc quotation at the same time the price for copper and silver have held stronger tl and steady thus offsetting the cause for alarm by keeping the boat on an even keel so to speak stock brokers of course reveal in a fluctuating market they like to see action when a patron gives them a buying order they make a commission if that patron becomes fidgety and gives an order to his broker to sell the broker makes another commission in other words he 6 gets em going t and coming if for good and sufficient business reasons a big mining company decides to trim its dividend rate as illustrated in the action of one of great operating 6 companies of few days ago the small investor and the stock speculator is quickly made cognizant 6 of the fact and he looks on his broker as an oracle in the game and gets out but these market disturbing factors do not upset the men who own the stock and control the affairs of these huge legitimate 6 mining enterprises the they y know what the they y are doing and they also know the value of conserving resources the ores and metals when supply and demand conditions are temporarily unfavorable all of the big copper companies and all of the prominent silver lead and zinc producers of the country figure on conditions that the ordinary stock market follower knows little or nothing 6 about in this way they protect the best business interests of their corporations po rations and give their shareholders the benefit of their knowledge no one at all familiar with the financial standing by or the huge ore bodies developed in such mines as the tintic gintic standard silver king coalition or park utah will question for a ri moment loment their ability to pay prevailing or even higher dividend rates if their managements consider it advisable to do so therefore if they advise stockholders that they deem it prudent to trim rates and colise conserve resources it is well to listen to them to follow their implied advice not to get excited and take losses on gilt ailt or edged securities |
