Show THE BUTTE COALITION that investors and capitalists are not at all slow in getting in on a good thing when they absolutely know that it is good is illustrated lust rated in the deep interest that was taken in the butte coalition when a limited amount of the stock of the company was offered to a favored few on the salt lake market a fortnight ago and the manner with which the stock of the company was gobbled up demonstrates the fact that here is always plenty of money in this city when a proposition presents itself that is known to be ba perfectly safe and which offers wonderful possibilities in the matter of profit mak ing the small amount of lofv coalition stock which salt lakers were allowed to buy was placed at 15 a share and before night of the day of the offering off ering this same stock found ready purchasers at 45 a share to say that there was excitement among local dealers on this occasion would be putting it mild and the fact that the stock advanced to such fancy figures within so short a time shows to what extent the investing public has conf confidence idenie in the coalition company the story of the event reads almost like a fairy tale and yet it shows the power of influence and the high estimation that is placed upon absolute integrity the eagerness of tho the public to get in on something so stable so full of promise and of such intrinsic value that nothing short of a catastrophe could rob the venture of sure certain profits and also that timid capital is not timid at all when twenty dollar gold pieces can be exchanged for double their value but that it is as bold as a lion and a glutton as well the declaration of peace beewen the amalgamated Amalgam ted and heinze inze at butte the consolidation soli dation of property interests and the formation of a new company on the properties so consolidated formed the basis for the organization of the coalition mining company and with su such ch splendid mining bonanzas in its possession with such strong men as thomas F cole behind it it is no wonder that the company at once sprang into unusual prominence and that men who knew of true conditions were in a to buy the treasury stock of the company and all they could of it at that in butte on the opening day of the sale of the treasury stock of the company there was a duplication of the scenes witnessed in salt lake and the stock advanced within a few hours from 15 to 45 a share in a day individuals made fortunes purely in the advance in the value of the stock in salt lake it is claimed that one dealer cleaned up others made less but it is believed that the man who held oft on t to 0 his 15 dollar stock will make more in the end than those who sold or bought at 45 and yet the occasion was a rare chance for those who were so fortunate as to be able to participate in it on a lesser scale many other good opportunities port unities are continually offering in this intermountain country some of them may prove as great in the end it is true that proved and yet the man as a usual thing who is not willing to take a little risk is almost certain never to be in position to realize great gains the brief history of the butte coalition should be an eye opener to a multitude of people as it illustrates the wonderful possibilities ties existing in legitimate mining and the lesson learned is that from time to time opportunities will arse in the mining industry which if taken advantage of will soon lift the wise and sagacious man from the confines of almost absolute poverty into the higher realms of wealth and opulence |