Show A SAFE investment it is an old saying that nothing is certain in this life but death and taxes if this statement is true a safe investment is not certain real estate has been popularly looked upon as being one of the best and safest investments that one can make and yet values in realty are subject to change and small profits generally characterize the history cf other opportunities offered for s 00 investment sometimes a difference exists between what might be termed a safe and a good investment A good investment includes a wider range and greater possibilities bill a greater return for the amount invested an and d consequently an opportunity to make thousands where hundreds have beer been put in in the beginning the element of loss is greater in a good investment than is the case in a safe investment but the profits in a great many cases are so much larger that there is no question as to which is the 1 best investment when it comes to putting in money in III industrial du manufacturing railroad and all miring securities judging from the immense fortunes made in the latter there is no question as to which is the most desirable III albea best vestment be it safe Ir good airgood or the and in commercial and financial circles it 11 generally conceded that nothing equals equal a 8 mining investment when the same care Is experienced experienc edi in making it that a level 16 exercise C 15 e exer headed business man would or 0 when embarking in any other occupation pursuit west grist gr in the in utah and elsewhere fortunes have been made through the venues of the ahe mining industry and poor men en through its medium have become in rich men who invested in knifing ining shares in a good company when the kompany kompany was in its infancy now live in palatial ial homes in the best residence portion of alt lake lair re and other western cities and they the pave ave big bank accounts to draw on whereas before afore making their fortunate investments many any of them had difficulty in meeting their monthly anthly grocery bills in utah mining men pave ave made fortunes out of the ontario mine the he silver king the daly west the daly the nama the horn silver the centennial iE ureka Eureka the eureka hill the bullion beck the he gemini keystone the chev I 1 mammoth the mercur the old mines of stockton alta american merican fork canyon ophir silver city and numerous other camps including bing ham lam and those who are today interested in this his fascinating pursuit are in line to duplicate the records made by those who were en in mining in this intermountain region twenty and thirty years ago X j these comments on a safe investment fere were suggested by the reading of an article in the united states investor regarding the utah consolidated mining company ing ng in the grand old camp of bingham this company is virtually the father of the copper industry of this state more familiarly the he company is known as the highland boy in n the beginning it was mining for gold and lad had no other object in view extensive development took the workings of the mine into the he mammoth copper bearing zone which has las since made bingham so justly famous appreciating the importance of the change the he company has altered its plans until it is now one of the largest copper producers of the west its dividend disbursements have been growing in size annually and the stock of the company maintains a corresponding advance in price it has been a good investment ir the investor which generally looks up upon an m mining ining shares as a speculation bays says that the utah consolidated is safe the mining review maintains that it is better than safe for it is the best and in this list may be included the shares of a great many mining companies throughout this intermountain region the investor in speaking of the utah consolidated says the utah consolidated co gained in balance during the year ending december 31 1905 the sum of dividends amounting to were paid during the year an increase of and surplus increased during the year giving the company a total surplus on january 1 1906 of equal to nearly a share on the shares of stock outstanding the rhe gain in total surplus is the product in refined copper was pounds of copper ounces of silver and ounces of fine gold since the date of the annual statement conditions have improved and it is safe to estimate earnings at the present time and to average for the present year more than a share there are shares of utah consolidated stock outstanding with a par value of 5 each dividends in 1905 were nearly equal to the par value of the entire capital stock of the company and the dividends paid in 1906 will probably exceed the capitalization of the corporation shares which sold at 34 a year ago sold at 44 on january 1 and are now quoted around 1 I have frequently spoken of this stock as the nearest approach to a mining investment that it is possible to find and the annual statement and conditions since the date of that document appear to fully substantiate the assertion |