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Show some iiovras I MING WORLD Shareholders No 'Longer Submit Sub-mit to Being Bunkoed by Tricky Managers. When asked what they considered the most striking Incident In mining these modern times, several prominent Utah operators Monday stated that tho Innovation Inno-vation In making frequent company reports re-ports was the most encouraging. They point out that tho majority of mining operators In the pnst have considered their official positions with their companies com-panies carte blanc to utllizo tho markets and manipulate the stocks of stockholders, stockhold-ers, shareholders being considered nothing noth-ing more than purchasers of the stock when mino condlslons looked unfavorable to the management and sellers when there wa3 something Important developing. develop-ing. Shareholders stand In tho relation of partners to ono another, and while they are entitled at any hour to ascertain tho true conditions of their companies or mines the Impression unfortunately has prevailed for so many years that mining min-ing was simple a gamble, that It was luck if they won and failure was something some-thing to have been expected, that ordinary or-dinary business principles have been foreign to mining operations as a rule. Things are changing, however. It is being be-ing learned that ordinary business ability and practice Is as much at homo in mining min-ing as in any other branch of human endeavor. en-deavor. Officials using their opportunity oppor-tunity for securing Inside Information to operate the markets ono way or the other arc no longer envied for their fortunate for-tunate perquisites, they arc relieved from duty, and rightfully so. and tho stain Is t easily removed from tho public mind. The system of quarterly and sometimes monthly mine reports Is meeting with general approbation, and the emphasis with which they are received proves what an innovation they are. Local operators point out that there Is just ono more step needed to help place mining where It belongs, and that is for tho public pub-lic to bring common sense Into play when considering mining Investments. If the average man would investigate a mining proposition as closely as he looks over a $100 horse before purchase, there wovdd bo less complaint about wildcat mining and a great many smooth stock salesmen would bo compelled to go to work |