Show THE MARKET AND THE MINES the relation relationship ship between the mining share m market arket and the mining industry is not so intimate so closely related that a slump in mining securities in boston or new york will have any appreciable effect upon mining operations in the west As a matter of fact stock speculations and legitimate mining operations are so far removed one from the other that tile the condition or fluctuation of the stock market has no effect or bearing on the mining industry this being the case when the wave of depression strikes wall street es when a bear movement strikes terror in the ald D I 1 ranks anks of the speculator when a flurry ed t sets the calculations of those dealing on of he stock boards or on the street mining ie e operations pe rations continue undisturbed and not a of 0 apple of wavering characterizes the regular c ei nd md steady production of the mines of the i country auntry ou their operations and development lc the he dropping of stamps or the steady flow of c ore from mines to reduction works this constitutes one of the pleasing 3 features of legitimate mining the industry lias as its excitements excite ments its ups and downs its successes and its failures like any other 8 occupation or pursuit but its success or 0 its failure is not dependent upon stock spec t elation ula ule tion on puts or calls or upon the scheming r bulls and bears who rob the public one day by a raid upon stocks and the next by 3 forcing prices skyward when a real mining man begins operations he is out af after ter a mine what he wants is ore and lots of it and the more ahe he gets the more he ships and the better aprice price he gets the larger will be the divi idena payments and the oftener this is what mining is ore and dividends divide lids speculation lation on stock does not enter into his calculations cu lations culat lons if this were his highest ambition he could just as well organize his company upon a sandbank and many of the stocks now dealt in on the exchanges of the east have no more foundation no more actual worth mining and stock speculation have no kindred interests the one is legitimate the other is hazardous to say the least |