Show metal market af affects f acts stocks A mining men have about vc LOCAL reached al hed the conclusion that the metal the uncertainty of market is directly responsible for be he weakness of 0 the tintic gintic stocks on the mining exchange there is surely no other reason why a property with aa ai ore showing such as the may day presents and avith splendid prospects for dividends should be selling at such a low figure the mine has just resumed the payment of dividends and unless there is some radical change in the price of lead and zinc it appears that dividends can be expected at reg ular intervals in the future large quantities of both lead and zinc being available the earnings of the may day for last month exceeded 90 0 and at that rate it would not take many months for the mine to earn a sum equivalent to the valuation of the property if we are to judge the valuation by the present selling price of the stock the price at which the lower mammoth stock is sell ng is an other example of what an uncertain metal market is doing for the mining industry this mine has a fairly good sho ving of zinc ore nothing big perhaps but it seems to be an easy matter for the management to mine a ton nage which is mors more than chent to pay the operating ex of the property and they are doing some extensive pros pecking in the lower mammoth ground |