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Show Mining and Financial "Guilty, or not guilty?" asked tho court, of an accused Irishman. "How the dh'il do OI know till Ol hear tho ivldence?" retorted the defendant. de-fendant. There is a certain lesomblanco between be-tween his predicament and that of tho Silver King Coalition Mining company. Tho officers of that company com-pany cannot make up their minds whether they owe tho Silver King Consolidated Mining company for tho ore taken out of a claim ownod in partnership, or not, until thoy hoar the verdict of tho supremo court of tho United States. Tho opinion of the United Statos district court and tho affirmation of that decision by the court of appeals may have raised a presumption in the minds of the defendants that thoy did, porhaps, owe the money, but they cannot mako sure until they .hoar what tho court of final jurisdiction .has to say in the matter. Tho Silver King Consolidated Is not co open-minded and unbiasod on this subject. Even before tho courts had a word to say about it, the Con-oslldatcd Con-oslldatcd reached the hasty conclusion conclu-sion that It was entitled to a part of tho returns from ore minod from ground in which it was part owner. .And still, although no one but a district dis-trict judge and a bunch of appellate appel-late judges, have passed on tho question, ques-tion, tho Consolidated in Its preju-c preju-c .ced and unreflecting way, claims tiiat it is entitled to a share In tho proceeds of the ore. It shows none of that calm duliboiation, that oxalb- i'u luajiot-i. iwi uiu 1.111111 uuniuiiy ui tho nation's highest tribunal, that o.stinguishos tho Silver King Coall-t Coall-t on. The Consolidated, If one may juclge from Its past attitude, would accept the $880,000 adjudgod to Tt by the Infeilor courts, without tho courtosy of giving the Unltod Statos supremo court tho last word. Tho public, It Is lamentable to say, shows a disposition to imitate tho procipitate and Jiasty assumptions of tho Silver King Consolidated rather ;han the lofty and difnigiod patience of the Coalition. On the announcement announce-ment of the erdlet of tho court of ippobls tho mob sold Coalition down to $2.9f and paid 30 cents for Consolidated. Con-solidated. This von a drop of about 2.6 cents a shna for tho former and a tain of 24 conts for tho lattor. If .ho Coalition had docllnod only to 3.1Q it might havo boon said in bo-half bo-half of tho jpubtic that its bids wcro dictated by tro closing of tho Coalition Coali-tion books on i dividend of in coma, but-tho fall tf 25 cents in the share n,nd tho cc "responding gain by the Consolidated forbius this charitable Interpretation and forces us to ooi-iess..tha.t ooi-iess..tha.t the courts aro no longer regarded re-garded n Hie bulwark of our liberties lib-erties and 'hat tho spirit of anaithy is abroil in Lie hind Since there a. re but 000,000 shares qC Silvan King Consolidated stock outstanding out-standing It may see strange that tho award of $880,000, or about $1.45 a sharo in cash, did not put Consolidated Consolidat-ed above a dollai a share. To bo suro It is bonded for $27,000, owes $117,-400 $117,-400 of Its stock on convertible notes o i d has a floating debt of upwards of $30,000, but $200,000 would cover IN liabilities, and tho property itself is easily worth that. The final tost ot the valuo of Silvor King Consolidated, Consolid-ated, in tho opinion of shrewd men, is too amount tho Silver King CoalltloL will pay to ncqulro its holdings and stop tho lawsuit Such a doal Is -tho logical conclusion of the situation that haw arisen between tho two companies. compa-nies. The Coalition not only has giound all around tho Consolidated claims, but It has facilities for working work-ing those claims that would muke tholr exploitation more profitable than the independent operations of the smaller company. Tho Coalition would have another object J king the Rurehhso. With a clear un contested title to all tho gr -vlth- ln its outor boundaries and the ore selling contract with F. Augustus Ilolnzo abrogated, an advantageous doal can bo cloHod with an English syndicato for the sale of the ptop-orty. ptop-orty. An insider says the sale under consideration last summer was on tho basis of about $20 a share. Computed Com-puted with presont markot quotations tills would bo a largo price, but from tho news that slips out from the Silvor Sil-vor King occasionally, It Is not ox-tiavagant. ox-tiavagant. The acreage of undeveloped undevel-oped ground Is so Immonso and tho quantity of ore developed so enormous enor-mous that tho possibilities of the mlno scarcely can bo overestimated. It would bo something of a shock t tho ftlbornlan. population of Utah If tho groat Silvor King should fall into tho hands of tho English "oppressors." "op-pressors." That tho spirit of Irish patriotism is not oxtinct was shown last month by the quotations on the Fanerald of Tin tic. Early in tho month the sharo was bought and sold around 2 cents u sharo. On St. Patrick's Pat-rick's day what happened? A block of stock In this namesake of the Em-oiald Em-oiald Isle was put on tho block and tho price was bid up In a jiffy to fi cents. Tho noxt day tho stook was for salo again at 3 cents. It will be a happy onding to this tnlo If Em-oiald Em-oiald justlfios tho sontlmontal regard in which it was hold by giving the purohasor of tho 5-oont stock a substantial sub-stantial porflt on hjs invostmont. Such. consummation does not appear unlikely. un-likely. Emorald Is In tho bolt whore riospocts aio'noxt door to mines and. its mineral showing has lmprovod of Into, so no one needs bo surprised If It follows in tho wake of King Wil-Uam Wil-Uam to higher levels. Mai Day did not have the cash on hand for another 3- ent dividend this month. Tho dividend would have cost $24,000 and the May Day, after turning its pockets wrongside out, found only $13,870 and some oents. That would havo been sufficient for a 1 cent dividend, but the payment would hae left a pietty narrow ir-'r- gin for oporating expenses and, with H the prico of zinc on thw toboggan H slldo, tho May Day finds t,' advisable H to keep a fow dollars on hand for H emergonoios. As May Day retires from H the markot stage Uncle Sam cornea H back into the spotlight. News from M tho Uncle Sam Is somewhat indefln- M lie, but the demand for the share on M tho exchange Is an indication of some- thing doing. Uncle Sam and Dragon Consolidated aro tho two live wires M in market circles just now. Dragon has npprooiatod more than 100 per M cent since the beginning of the year M and tho demand for it originates in M tho vicinity of the mine. All of the S Knight stocks, should grow in prico m as tho building of the ohlorination H plant nt Silvor City progresses. M |