Show NEW NEIN ISSUE Of MINE I SMELTING STOCK STOCKA I I A stock letter Jeter Is being mailed b by a n brokerage hou house e In New York to western clients presenting tho ho attractiveness of or I Inv Investment In the tho 5 per cent cumulative preferred stock series genies B. B of oC tho American Amen Ameri can cn Smelters Securities company In some respects cl the letter Jeter Is II Interesting to tr the thc people of ot tanh n as It I gives hc some somo Idea of the magnItude of mining smelting and refining rennin of ot the precious metals o of this country The American Amerian Smelters Securities company company com com- pany pan Ja has acquired from rom the Guggenheim Exploration company compan which was wal distinctly distinct ly h a holder of mining properties and the lie American Smelting and Refining company compan which has smelting plants plant for or the tle lie treatment treatment treat ment of ot the tho crude product and refineries for tor the separation of ot all al tho the precious m metals from the bullion coming from tho the smelter smeller furnace furnaces large lare Interests Themore Tho The more Important of ot Its It properties Include the Selb Selby Smelting and Lead company San Francisco th the tho Tacoma Tacoma Smelting com com- pan Tacoma Wash ash tho the Pu Puget et Sound Reduction c company C Everett E cret Wash Vash the Federal Lead company compan Federal Federal III Ill I. I tho the Central Smelting company of ot Missouri the lh Mining and Smelting company comra com corn pany of ot Mexico and tho the Garfield Smelting Smelt Smelt- Ing ra ns company o of Colorado and Itah Tho Smelters Smelter S Securities s company compan Is Ig also a alan I large lan holder hodr o of shares share In the Federal Mining Mi Mining Mi- Mi 1 ning and Smelting company and the Ba- Ba Copper company The various arlous properties arc are located In Maryland Illinois Illi nois Missouri Colorado Colordo Utah Washing WashIng- ton California and Mexico This company compan has preferred C 6 per pr c cent cont nt series A A. A and preferred pre pre- cre 5 per cent series erles n R. R guaranteed cumulative o stock This preferred B II stork stock stockis Is guaranteed b by the American Smelting and Refining company company a corporation that has Issued stock to the the- extent o of 0 In order to protect Its is guarantee of ot this American Securities stock the AmerIan Amerlean Amer- Amer merican mer- mer lean ican Ian Smelting and Refining company compan agrees arce not to 10 enter Into further obligations obligations obliga obliga- ton nor tp to issue bonds for or other flotation flotation totton tot tot- flota flota- tion ton that ni i bo be b by tho the GUG Guggenheim en- en helm heim crowd It I Is shown that th tho smelter and refining ing log business ss has his been netting the helms a large hue Interest on the mone money In Ineste Invested invested In- In este vested 1 b by themselves and md their heir associates for tor a number of years past and that their I mining Investments are arc turning out han hand hand- handsome some r returns lurn The Tue smelter earnings for or I more than five years ars have been ben In excess of 0 25 per cent and th thu th net not profits profs of ot the tho I company compan for or 1907 w weye re All Al the lie while the tho who are at the tho head of o these large lare corporations corpora corpora- ton Ions are ar Increasing their holdings s In mines In this country Ala Alaska ka and exI- exI co The They arc are widening the fields felds of ot operatiOn operation opera opera- oper- oper tion tOn for or the smelting business and Utah Nevada Ne aa and Mexico are r receiving ln cel a n largo large o portion porton o of tho money being expended In I improvements The They are the pioneers In the tho smelting business and In the statements relative I to the amount o of mono money that has been raised ed It appears that no Industry In the country shows a greater earning earing power The western people generally should ha havo 0 somo some knowledge of ot the Importance mi mining mining ml- ml ning ning to this section and In part grasp the magnitude and the future futuro possibilities of ot these great fields felds AFTERNOON CALL I Bid Bd A Addle 1 is 1 10 3 1 J AJax ax 30 3 34 t Albion 28 Alice Alce H Rig Big Hill Hi 7 06 01 On Beck Tunnel 1 20 1 1228 2 Ding ham Amalgamated 15 IG Black Jack 61 GI 65 Boston Consolidated 1300 Bullion Dumon Beck Deck 60 Bullock Bulock 1 11 Hi 1 12 Butler Buter Liberal 15 Brooklyn f 10 Bonnie Brier Drier 09 11 Carisa 36 1 Century 30 Colorado Colordo Mining 1421 Columbus Consolidated l.-IO l. 1 44 to Consolidated Mercur 40 40 Crown Point 32 Daly Dal iso Daly r Judge dg COO I valY eSl vesi Dromedary y Hump 11 ii East t Tintic Development nt OG 06 10 Eagle and Blue Bue Bell BeJ 65 65 Ea Eagles Eagle's Jos Jo's Nest 1 15 is Emerald 20 Hecla 3 35 50 GO Galena Galena 05 05 D Daisy ls 1 00 Grand Central 36 Gold CIr Clr Cr 31 11 Ibex Gold 15 20 Indian Queen 12 13 I Ingot ngo t 02 i 03 Inyo Gold 12 Iron hon Blossom Bossom 2 30 12 Iron list Hat O 06 07 Joe o Bowers Ol oi O K Keystone stono a 2 25 Lead Lear King ICing Int 10 10 I Little Litte Bell Bel Little Litte Chief 20 25 Lower Mammoth 41 11 Mammoth 76 May Day Day 1 50 61 Mountain Lake 74 74 7 75 75 Nevada Fairview lew 02 7 0 05 03 Nevada Xe lulls Hills 1621 Nevada Hills Florence 08 New Nw 0 09 On Ontario ta rio Richmond and Anaconda 20 O Sacramento 08 os 20 Scottish Chief 03 OH Seven Seen Tru Troughs hs 21 1 22 Silver Shield 15 20 Sioux Consolidated 10 South Columbus Con 51 l 53 Stray Dog 02 07 Swansea Consolidated ted 41 H 42 2 Swansea Extension 07 OJ I 1 12 1 Tintic Central 0 03 Uncle Uncle- Sam Sara 1125 04 15 Utah Mine 1 GO 1 Utah Consolidated d O Consolidated 13 Victoria Wabash abash 60 60 Yerington Copper O 02 10 Yankee Consolidated 46 47 7 n IS 18 4 90 I |