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Show I The Market and the Mines H INow that the snow has ceased from troubling and the mountain roads are becoming as hard as an honest assayer's heart, it is up to a number of Utah mines to "make good." From the lamentations lamenta-tions that have been heard for the past six months over the condition of the highways, one would naturally suppose that the first long stretch of warm, dry weather would be followed by a tidal wave of mineral richness from the mines and a paean of praise from the mine-owners. The dry weather is here. The roads are in good condition. But none of the smelters is complaining of overloaded over-loaded furnaces and the chorus of joy is not making mak-ing the welkin ring to any appreciable extent. Not but that the miners are honest! The discrepancy is due to the effect of the snow upon the eyes. After looking at the sparkling drifts, the minor sees life bins overflowing with high-grade ore and counts thousands of tons scattered about the floors of the various levels. After the final thaw ho hires a teamster with an ore wagon to haul out a small sample. The malicious teamster does not bring a wagon at all. He comes with a transatlantic liner on wheels. Long before the hold is filled the ore bins are empty and the miner hopefully de-EIGHT de-EIGHT GOODWIN scends the shaft to draw on the ore in the drifts. He manages to gather up enough loose rock to fill a wheelbarrow. When the. bill of lading comes from the railroad the miner finds himself charged for the transportation of five tons of ore. Year after year the phenomenon recurs. Man never is but ever to be blest. The mines that resume re-sume shipments after the roads get good are almost al-most invariably those that were shipping before the roads got bad. This year the chief beneficiaries beneficiar-ies of the good old summer time are Little Bell and Columbus Con. Both of these properties aro turning out the real thing as fast as the teams can take It away. Little Bell stood between the local mining exchange and complete dullness this week. That the Bell is going to bo one of the great mines of the state is a fact that is being recognized even beyond the confines of Utah. It has caused the Guggenheim Exploration company to enter the market as a buyer and take what it can get just like a common person. To this outside demand is attributed the remarkable strength of the stock which broke its own record this week. While the Bell has been making the high scoro May Day has made a gallant face for the booby prize. The support which formerly set at naught the machinations of the bear Interests has been entirely withdrawn and the market price has been cut almost in half. Silver King, after affording material ma-terial for the gossips for two weeks, has retired from the publk eye for the time being. Among, the Nevada stocks listed locally Montgomery Mountain and St. Ives have practically held the field. The latter has made a 3-cent gain during tho week and is likely to go higher if reports from Goldfield aro to be credited. Comparing the position of the busy shares at !j the beginning and at the close of the week ending Wednesday afternoon it Is found that Honerlne is the only issue making conspicuous gains and the trading therein was not largo enough to exorcise any particular influence on tho market. Its advance ad-vance from ?1.70 to ?2 is probably due to tho starting of the new mill and the desire of certain minority stockholders to acquire control. Little Bell in the final round' up lost some of its earlier gains and closed at $12.75, an advance of only 12 cents from its opening and a considerable decline from the high point of the week. St. Ives rose from. 55 to 58 and Great Bend, a new performer, figures in the last day's trading ati 40 cents. In the "advanced backward" category is New York from 23 to 21, May Day 18 to 1G, Columbus Con. $7.40 to ?7.05, Beck Tunnel to ?1.05, Carlsa 28 to 27, Daly-Judge at ?11.75 and Montgomery Mt. at 43 were unchanged. The totals for the week are rather confusing. The value of the;shares sold dropped from ?208, 554 to' $176,484.38, but their number Increased from 248,650 to 290,295. Ore and bullion settle ments were a fiat contradiction of the tendencies indicated by the market. The ore purchases of this week amounted to $472,450 against $388,200 -for the previous week. A gratifying incident was ' the payment this week of a $5,000 dividend by tho Sacramento company. This was Its usual monthly contribution of cent a share to its stockholders, but It had been apprehended that tho law suit lately started by tho Herschel would force the suspension of dividends. Con. Mercur came in on Monday with a donation of 21 cents a share, or $25,000 for the quarter. The commercial stockholders are tipping their cilents to buy sugars now and hold them in view of the large increase In the beet acreage shown by all reports. At Lehl tho acreage is 8500, ai Garland, 5,135; at Blackfoot, 2,500; Sugar City, 8,000; Idaho Falls, 6,000, and Nampa and Payette, 5,200. At all these points the planting is finished and in many cases the plants aro well up. Thinning Thin-ning has commenced In some localities. Bank stocks are firm, Z. C. M. I. and Homo Fire aro BH strong. Con. Wagon is also booming In response 'Hl to the favorable agricultural conditions through- 'fl out its territory. In San Francisco tho rehabilitation of the gold J mining exchange goes merrily on. Tho exchange fl has leased a sito and proposes to erect a building -H of its own. On the other side of the continent ' trading has been inert and the prices of coppers almost stationary. J |