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Show standard. Jlnti-Holgga- mi! that district. Again, it is often the case that a prospect is looking well and 4ffinmg J&neorfaixtions. MANUFACTURING only a few thousand dollars needed to N ORWAY IRON MINING AND of Utah. Company exact its BALT LAKE CITY, UTAH, MARCH, status; a show, beyond doubt, stock, $1,000,000. Par value of shares, $10. what can be Capital but when Working capital fund 40,000 shares, $400,000. Location of mines and works, Mill Creek Mining Dismore of trict, Morgan county. By special request of prominent mut- done? Occasionally one or Office: Salt Lake City, Utah, this will Principal advance stockholders the in contain will facts DIRECTORS. ing men , this page resources money, yet it is a rare case when one John T. I ynch .. mineral immense the ..President to regard .Vice President for a hundred others Charles Popper. . will man up put G. Lyugberg Treasui er of Utah , its unrivalled climate , and the and take all the chances. It is a little Fred B. A. M. Froisett Secretary enJohn R. McBride Attorney Urge and profitable field it offers to remarkable, however a fact, that the Sy vert Iverson..., Superintendent one man often succeeds in opening up John Beers. terprise and capital. A limited amount of capital stock can now be a fine property. Real estate is usually had of the Company at working a low figure. For particulars, adconsidered among the safest of invest- dress the Secretary, Postofflce Box 443. Assessable and Unassessable Mines. ments, but sometimes, as in the case of Mixmadelon consolidated of property valuation in The 60 ing and Milling Company.silver decline the Offices. Broadway, New York City, and It, Wasatch For a while quite a number of the San Francisco in one or two years, Building, Salt Lake Citv. TRUSTEES: mining journals wrotq articles on this something like 50 per cent., it is not O. L. Gardner, John A. IIiltow, L. U. Coi.bath, of which were W m. Gardner, R. W. Myers, Samuel Marsh. subject, the majority so safe as mining. This was, in a more H. B. Mohtross, Geo. Gardner. Thos. E. Bailey. decidedly in favor of levying assess- or less degree owing to the Kearney Henry Simons. ments on mines when necessary; still, the effect is it is down. 0. L. Gardner. Pres. OFFICERS: but Thos. E. Bailey, Sec. agitation, S. A. Hilton, Vice Pres. we can hardly pick up a journal which Henry Simons, Supt. is mine A good the nearest to a gov- G. Gardner, Treas. Winsor & Marsh, Counsel devotes ever so small a space to the ernment OF REGISTER STO.KS: bond of any investment we Union Trust Company, New York. mining industry, that there are not one know of, and its value y is the or more notices of some recent incor- same A thousand men AMLIN MINING CO. JJ poration of mines on the in busiare engaged other branches of plan. This feature is of compara- ness to in mining, and note one Capl'al etock, $10,000,000, Par value of shares, $100 every tively recent origin and was introduced the proportions who have made imto delude Eastern investors, who it was mense fortunes in a few Locirion of mines: Bingham, Salt Lake county, Utah. There 0.nce: Room No. 9, Wasatch building. years. early observed, were very much afraid are many valuable properties idle for a of the assessments being levied from few thousand Henry Simons, Secy. dollars, though the showtime to time, hence reluctant to take is much better than many mines IRRAH GOLD MINING AND MILLING COM hold of properties for fear of a freeze-o- ing is the pany. aeing developed daily. Why game being played upon . them. Mono Mine, Dry Canyon, idle? CerFor years mines were assessed right Capital stock, $10,000,000. Shares $50. because it isnt a good proptainly not along to prosecute developments and in fact one of the vei v best in Office in Wasatch Building. it was considered all right; but a new erty Utah. The sarpe may be said of the era dawned on the vision of the stock M. Shaughnessy, Presid nt. the of others. and The Queen Hills, a to reap golden Albion and Last sharps and they began Chance, in Big CotXCELSIOR SILVER'MINING CO. OF UTAH, harvest for this prince of ideas, when E ? are shut down. Wherefore it was perceived with what avidity tonwood, Incorporated under the laws of New York. The Deseret is a good at Capital stoi-- 100,000 shares at $10 each. Stockton, Eastern men snapped up Amerlcin Fork. Utah. mine and shut down. Isnt the Last Location of Mines, Wm. Bredemeyer, Managing Director. stock merit being a secondary consideration apparently. It is only Chance at Bingham, showing well CON. MINING CO. OF UTAH. another way of obtaining money un-- ; enough to prosecute developments ? QTAU Incorporated under the laws of New York. Men, in whose judgment we have great Capital stock 500,000 shares at $10 each. der false pretenses ; for a mine, Loca'ion of Mines, American Fork. Utah. that the at confidence, Sampson, say Wm. Biedemeyer, Managing Director. ever good the prospect, cannot be dePark has an excellent Citv, showing, o veloped without the expenditure of a is it But idle. the answer comes yet reasonable amount of money upon it. No money! No money Take for instance on ordinary prop- from all: to such properties as these, as erty such as is incorporated and welldevelop as a hundred others in the districts stocked for the million that is from named, when millions are put into 300,000 to 500,000 shares in a properbonds every week because ty which would stagger under 25,000; government cannot find a permanent and sold at the price of per capital Talk about bullshare. Of course in all cases there is safe investment. in headed luck mining; it is bullore enough in sight to insure double this amount in dividends to the inno- dog tenacity that allows a thousand cent purchaser. A fair capitalization men to wear diamonds, who a few and a reasonable amount set aside as years since wore ragged overalls. the darkest hour they naver working capital is all right, but make Through in their property if other lost confidence it assessable. Instead of only this certain amount of the working capital be- mines in the same section were proEx. ing sold and the balance held for divi- ducing. dends, the President of the Company, BULLION RECEIPTS. who allows his name to be used for a small matter of from 10,000 to 25,000 shares want to sell a little and then he We give below the receipt of bullion and recan take the chances on the balance. fined lead in Salt Lake City, from the 21st ot Some of the Trustees (more likely all February to the 21st of March, inclusive. of them) need a little ready cash and 143 bars Ontario $192,239.97 32 cars Horn Silver 80,000 00 away goes another batch ; and a small 10 bars Horn Silver 4.699 31 amount could be safely bet that all this 34 bars Germania, silver 37,290 00 stock is sold before a single share of 24 cars Germania, lead 23,190 00 8 bars Barbee & Walker 15,915.64 the real working capital set aside for 11 cars Great Basin The undersigned, having been 15,285.00 that purpose. Now what is the result? 10 bars Crismon Mammoth 14,307 86 appointed sole agent for the sale of In a short time the investors talk about 4 cars Frisco M. & M. Co 10,000 00 6 940 99 the celebrated Victor Rock Drill in dividends. The wail becomes louder 39 bars Tin tic cars Nevada, silver 5.550.00 Utah, Idaho, Wyoming , Montana, Ariand louder iox dividends. Now is the 4 bare Christy 6 672 09 - 10.890 00 zona, Nevada and Colorado, will be accepted time for an expert to make 171 cars Rebellion ore S. car Co Park 2 200X0 City a flaming report in order to regain the to receive orders for the 3 bars Tintic M. & M. Co 2 491 02 pleased confidence of the investors, and so it 2 cars Mayflower 2,975.00 same, which lie will sell at factory 5 the Lion tons end of to ore the 194.02 This goes chapter. added. This is the 1 car Germania G. 460 00 price, freight copper is the case with wild-catmost simple, economical and cheapest With a legitimate enterprise it is enTotal $431,360.90 rock drill in the market, and just tirely different. The stock is not over what prospectors need. Circulars capitalized, the stockholders invest JOHN their money and put up reasonable asgiving full description of the drill, sessments to develop the property, and sent on application. take the business usual chances only Address, B. A. M. Froisetii, for failure, while the per cent, realized MAIN STREET, Salt Lake City, Utah. on success is almost without limit. Two doors North of Clift House, Make stock assessable ; levy small ason hand Choice New York Cumly Store. sessments often and they will not be keeps constantly felt. A notable instance is that of the Cuts of Veal, Mutton and lleef. Prospect Mountain Tunnel, Eureka, H. 0. STEARNS, RUDOLPH ALFF, Nevada. The stockholders put up only a few cents per share two or Importer and Dealer in three, we believe every month, and yet with this apparently small amount nit Glassware, Agent for lh. Circle Brand Baltihave advanced the tunnel over 2,000 Cffihr?, more Oystei'8. feet, and y their prospects for big dividends is perhaps second to none in 120 Main St., Lalt Lake City, Utah. 100 Main St.,' SALT LAKE CITY. Independent Assay Office, 1881. non-assessab- ' le , F. O. BOX 1004. All work carefully executed and guaranteed. 0u ut non-assess-,ab- bed-roc- k Analysis Ores, Mineral Waters, etc., a Specialty. J. McVICKERS ASSAY OFFICE. Main St, Salt Lake City. Under W. s. McCornlckg Bank gilt ecru. W. BREDEMEYER, Mining & Civil Engineer and U. & MINERAL SURVEYOR For Utah and Idaho. NOTARY PUBLIC. east P. O. Box 1157. Office, Second South St. nt . M, BISHOP, Assayer. Office, under T. R Jones Bank, Balt Lake City, to-da- non-assessme- F. UTAH of Postoffice. COMMERCIAL, Published Monthiy by. E. G. MATTHEWS, 14I Main St., Salt Lake City. PRICE PER ANNUM - 50 CENTS, Wm. BROWN, Worker in Stone and Marble Monuments ' vl in me new- eat designs. Btst Material and Workmanship, and the most Reasonable Terms. Address, Marble Works: le W m. It It O W IV , Second South street, west of the Dexter Stables, HLT 1 LAKE CITY. I -- DEALERS I- X- 1 Miners & Family Supplies STOCKTOX, UTAH, Everything kept in a To be found at this Store, Reasonable Prices, Good Quality of Goods, our Motto. Civility, and s. IIEPWOKTHS MEA.T MARKET Gii to-da- Notary Public, Stage Office, AND Recorder's Ollice, Of Rush Valley Mining District, in same building. OXTDEIfcS From the outside, by Mail promptly Filled and Forwarded. |