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Show H STOCKS ARE EDE0JN11GE The More the Active Issues, the Better Will Be General Gen-eral Business. ' MORE BOOSTING DUE Prevailing- Spirit on Exchange One That Can Be Much Improved. Have the Tintic mining stocks lost their usefulness ;is market factors, the main factors, of the local exchange? There are many who believe that the exchange will have to look to ",iher stocks and other localllles for food for future business, nt least, so long ns Tintic Tin-tic Is as uninteresting:, market wine, as It la today. It is unfortunately the case that trading on the exchange is, with but very few exceptions, strict!'.- speculative, specula-tive, the cheaper Issues being poor foundations, as a rule, for Investment buj )ng. Many stocks paying heavy dividends divi-dends In proportion to their market value do not hold out h sufficiently permanent dividend expectation to Justify an investor in-vestor considering them Investments, and the fact that their selling value remains low In proportion to dividends in itself creates this position on the part of the investor. Market Demands Snap. Being Speculative, therefore, the market mar-ket demands continual action and snap. Several ears ago when the Colorado. Sioux and Iron Blossom caught their ore, there was presented for these and a score more of adjoining propositions unusual un-usual speculative possibilities For those who bought Colorado at a few cent3 a share, the 52 40 received in dividends to date has proved to be an Investment, although al-though the original purchase may have been made solely for the purpose of speculation. The man who bouirht Colorado Colo-rado at 58 or better a share will not ad-! ad-! mlt that he made a good Investment. It is never safe to announce that a Tintic mine has outlived Its usefulness, for conditions are such that supposedly worn-out mines can come back, and they come back with remarkable frequency and expedition. Tt equally Is as unsafe to term the Tintic camp worn out from a Speculative standpoint as a single development de-velopment often serves to put the fire of excitement to a dozen or more surrounding sur-rounding properties. Tintic will return to Its prestige mar-ket.vise, mar-ket.vise, the only question being when? Different Spirit Needed. It behooves the stock exchange to broaden Its scope, to hax'e representatives representa-tives of more mining camps listed on Its board, and to give a welcome to meritorious mer-itorious Issues not listed. There 18 a disposition, dis-position, however, among many brokers to discourage the trading of their clients and the public in anything which they have no Interest In. overlooking the fact that a good trader makes good sentiment senti-ment and good sentiment helps make good business for everyone connected with the Institution. If unwarranted dealings are Indulged in bv members of the exchange, as often charged. It would be far better business for the exchange to have the means and the power to regulate the situation as an Institution and among the members themselves, free from the public gaze, than to take the case before the public and advertise some broker or some stork as a wildcatter wild-catter or a wildcat. Esch time fake is cried on the exchange within reach of the public It travels fast, multiplying with a rapidity that defies mathematical calculation. Public Rights Are Plain. The exchange, without question, has the right to govern its own affairs, but It should be remembered that there are thousands of shareholders In the numerous numer-ous mining companies of the state who have rights of which they have reason to be Jealous. The mistake of concentrating trading upon one stock or one division of stocks Is Illustrated by the current dullness at Tintic Other trading must be cultivated, new Issues should be encouraged, and if there Is anything on the list that promises prom-ises disaster to the public or exchange tt should be. corrected only among and between the members. Boston Mining Stocks. James A. Pollock & Co. bankers and brokers furnish the following, received over their private wire yesterday afternoon after-noon : BOSTON" COPPER R A N G B . I Sales. I H L jClse Algomah 2.445; 7J1 71 7i Butte A Balaklava 41 l il Calumet & Arizona. 207' 74 I 73 i j 731 Chief Con 123; 111 l! lj Copper Range Sfi1 fi41 (54 ! 64 Daly West 611 6J 6J Davis Daly 150 18 ll IE East Butte ....... GSSj 14i 11 1 Uk Oiroux Con ........ SO 1 5i 51 5J Oranby Con 305 59J 5?jl 5S? Greene Cananea 5 0 9 9 Hancock 5) 33 331 33i Indiana Copper 305 ii ill 4J Inspiration Con 50 lnjl 19 ifij Lake Copper 420. 46 45J via Ro6f- I all '4 Mason allev , 50I 12 2i Nevada Con' J UB 19i 19J Nevada I'tah ..... ,1 fid 5- 6c N'iplsslng 45; 7J 71 7$ North Butte f,o' 32 1 3111 311 North Lake 1351 9 I 8 Ra' Con I 19I, 19;; 191 Superior ft Boston .! 205 21 21 23 Trinity 170I 8 8 D S Smelter com ... 710 39 ' SO I 39 preferred 45' 4S! 81 481 Utah Con I goj 14 : 14 I 14 BOSTON CURB CLOSR I Bid 'Askcl Bo?01'-, .-.;$ 2.50 3.00 Bohemia 4 25 1 4. 374 Bingham Mines 2 50 3 12i Butte & London 07 J !l3 Calaveras 2.871 3 00 Consolidated Arizona .... r,l .63 Chemung 3 00 4. jjjj Eagle & Blue Bell 1.00 1 124 Nevada Douglas 3.50 4 00 Ohio Copper 1.50 1 C,2i Majestic 7G .78 Oneco . 2 624 2 75 South Lake 7.50 00 B W Miami B.78 i.0 Hoton Copper ; I 12 1.374 II") Warrior I 1 75 Maj flower 17.50 I 17, 7B Old Colony n n.50 Michigan I 3.50 I j.7fi Butte fe Ba'.aklava I 4 . SO ' 4 75 Helvetia 1 1 50 1 1.024 Kerr Lake ! 2 75 1 3 00 South Utah j .99 l 1 124 Utah Apex 2 95 3 00 Victoria 4 87JI 5.00 Wyandot 2 50 1 2 75 American Zinc I 29.75 I 30. on Butte A Superior 1 84, 7" 35.00 Keweenaw , . 2.1241 2 .?7j Miami I 96.96 I 36 BO Ollbway 5.75 I .VS74 Winona 6.25 I 6.76 Arcadian 5 .50 I 5 75 Tuolumne 8.7S 4. 00 |