Show THE MINING REVIEW is more than th an pleased to see the grand arand k old camp of Bing r ham liam once again in the dividend paying column perhaps no other mineral section of the west has produced more metallic wealth in the past than has bingham and yet for various reasons the camp has not been paying 11 dividends for a number of years time has wrought a great change Z in this section however and from now on it may be accounted as one of the mammoth producers of this intermountain country dividend payments have been resumed and these dividend disbursements will not be small by any means the utah con highland 11 boy setting the pace by posting 11 its first quarterly dividend of a share or in due time the bingham 11 copper gold mining company will follow suit A little later the boston con will doubtless begin dividend disbursements the united states will do the same and so will the red wing the york and the shawmut while innumerable other properties in the old reliable now showing most flattering physical conditions will doubtless come to the front in due time as regular k wealth producers and paying 0 propositions the silver shield began dividend disbursements last year and is monthly adding to the bank accounts of its stockholders and the indications are that it is is a permanent fixture in the dividend paying column the future outlook for bingham t is I 1 magnificent its wealth of the precious metals is practically inexhaustible and althou although oh i an old camp it has in reality barely been prospected as yet IN the last issue of the mining alenin g review we advocated the establishment of independent custom smelters shelters sm elters in utah as well as in adjoining states the statement being made that a competitive metal market could not help but prove beneficial to ore producers in ins support of this assertion we referred to the situation in cripple creek colorado where in indecent inde depena penT ent custom reduction works were comacell com cell the trust smelters shelters sm elters to pay more for ores and s at the same time make a lesser charge for f or treatment the right light is still on or was a few f days ago and it is learned that the smelters sm eltera elters have reduced their working charge to 6 per n ton in commenting on the situation gold old one of the leading mining papers of this great i gold section says th this is willmeane willme will mean ani increased activity in many sections of the camp and an ail increased production product iOD this thi s desirable r result es alt i is s the direct outcome of competition in this connection it may well be said that salt lake is now ifie the best copper market in the west this condition being due to competition as there are two buyers in the field the trust and J C griffith and as a consequence both are paying for all there is in the ore and sometimes more 17 were an independent custom smelter to be established here the same conditions would rule in the sale of silver lead ores now it is a case of accept what is offered or take your ore away the mining industry of utah would be benefited beyond a doubt with active competition in the ore market THERE are two classes of persons through whose influence money is being constantly lost in mining investments first the uninformed well intentioned honest man who induces his friends to invest money in properties solely upon lupori his big judgment n upon a subject of which he is perfectly ignorant second the informed inform ed dishonest man who is a shark or sharper although 0 it may seem unfair to place these two classes of men in such close connection their influence upon the el good name of mining minine is the same and if anything the influence of the former is much worse than that of the latter the friends of the honest man who have lost money binl in a mining venture since they know him to be perfectly honest and sincere conclude that all mining 0 must be disho dishonest pest and thenceforth give everything of a mining character a wide berth and in general use all their influence to keep others from makino making similar investments on the other hand the man who has been fooled by a sharper and finds that he has bought 11 a gold brick is not apt to lay it up against t mining in and is usually only too willing r to keep quiet about it bonds and mortgages Z representative holzheimer of eureka has introduced a bill for an act to prevent the compelling in of employees by individuals or corporations to trade at any store or board at any boarding house by means of coercion or intimidation the mining mining review is in hopes that the bill will pass and add become a law the boarding house system is is a curse to any mining camp and the pany store often brings the miner 0 out ut in debt to the company running a store in con connection netOn with its mining operations the only right rig way to do according to am american ideas and an is institutions is to pay the cepl employee ayee what diw due him and then let him boa board rd or trade where lie he pleases |