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Show iMNING1 AND1 FINANCIAL1 Tho strike in tlio copper minos or the Upper Ponlsula Michigan has assumed sorI6us proportions'. For twenty years Iho Western Federation or Minora have worked to got n foothold and organization organiza-tion there, hut to little purpose until recent years. Ono thing Is sure, and that is that the colnpanles operating thoro, as ImllCatod In a statement, by Mr. McNaugh-ton, McNaugh-ton, or tho Calumet and Ilecla, none or tho mines there will recognize tho union, or mnkd terms that will or can In any way bo construed as oven countenancing tho organization. Tho companies always have troatod with their employees, cither as individuals or as committees representing repre-senting tho miners, when any grlovonco-was grlovonco-was to bo adjusted, and aro quite willing to do this now. Meanwhile the militia has been callod out to preserve order and protect property, and the companies will make every effort to lesume operations oper-ations as quickly as possible. As tho copper ores mlnod here aro the mos't rapidly treated and converted Into coiimfc'icl.il use, and as It Is a pioducor of the highest grade copper and the heavlcdtpi'oclucor, tho shut down and curtailment or production will be quickly rolt. Copper stocks will suitor a reduction, reduc-tion, and that tls Is already anticipated is shown In the advanco In price or tho red metal, tho past fow days. Should tho strike be as long drawn out as was tho Utah Copper strike, tho shortage or copper metal Will become quite maiked, and prices advanco in lino with this shortage, The length or tho sttlkc depends de-pends solely upon how long the stiikors can hold out and petsuado others rrom going to woik In and about tho mines. The Red Warrior hao thelr'lhlYd car or tho month or July ..on the market, lund opect It to not WdSTTd 82.000.00.The mine has shlppQtl to date 115 carsA giving giv-ing a net smclror roturn or 8130,00000. At present a rorctr ol 15 mon aro at w)rk on tho 000 root Iqvol and aro In a th('eo-and-ono-hair Toot race or sand carbonates carbon-ates and It was rrom hero that tho last car was slltpooU. ' The Mosccjvi ftjijolnine tno nod wor-rlor, wor-rlor, is ono af tho Beavor county porta-sltlorts" porta-sltlorts" attracting much attention, and dosorvodiy so'. Thoy haY0 a rorco , or men' at work, numbering sovoniy-flvo, and aro shipping abodt fwonty cars a month. Tho shipments bring about $5o,-000 $5o,-000 00 gross. Tho company Is now sjnk-lng sjnk-lng their threo-compartmont shart to tho 1,000 levol. Tlfo Moscow can not bc-cuio bc-cuio enough toains to liaut the ore that It mlnod to .tha-rallway. " ". L v ( Mr. Dunbar In tho Trlbuno vory aptly states tho case, in sono or Its pha'sos, ielativo. to our local Joining Exchange. It Is a useful Institution, apd no '"ono wishes 113 existence? andocj. And nsVhas been statod In those ctlljwjcins. thhigs nW' been laid at tho Uodr or the i:chango' for which It has no right to blamed In 'any way Qf cpuiso business conditions, tightness or njpnoy, otcv nt times re (hid trading and, tijfirrkot Xj stocks, wo pro and liavo JlpS fbr6mp Umo as rar as tho oxehango? BOW, uJOllftE tho olfDctof rondltlons u.hQf , .yquoto Mr. Jpn-bur: Jpn-bur: ' ' ' "" xT S t h "Ihcie Is xk l)lJj1kS?nrronti,18r lie banking, byainSje'' jiiffimjng circle or 'tho $M9 or''tJJl-gjiouhl hoatho causo 'ot cotrcol'n" JfliStqpOK tho diswptord that charactorlios" tll) JSpi'ago. dozen's rfttlttulo today, and, JElmtHf tlu'ruturo or tho Salt Lako Sfook ami ftnnmgL,o- cljaiiKB. Tha oxchango totjay Js--notltt,iil- - -flinh.HtVe hlgli, pajf If wasilomqffli to t play, 'n tlio Imslnesa aiTa.U'S-'Jlr iliestato, "ando row people appear to caio that it la&lgh time somethiji"- yas done (ol)rlng atrbut an entirely 'cflt situation, and each day's dolay will only add to tho ul-tlmatp ul-tlmatp dlfllculty or stralghtonlng out that afTalrs or tho Institution. i "No dlsposjtlon oxlsts to crltlcfzo thO oxchango, and what discussion tliorc I& has boon based wholly upon a cioslra to better things. It has been SUg'ostQd', tod the plan looks advisable, for tho- QfilclJUs, -' or the exchange to arrange a GOnrtuVijp botwoon reprosentauvc men v df b&sfylOSS and banking alfalrs or the city .piiS$to at which may bo disoussod thnltyre &r the samo and woS hurt inpahs' nvoKort , out whoreby j; cpmlltlon or uuliua trust and confidence IU ofst Vhoro tfrt)re Is now disregard. "A stock oxchapo is to a moro or less extent ossontlal to a mining community whoro runds roi,mlno tlovolopmont must come In groatci' part, rrom the people in that vicinity. AS long as people will deal backhand rorth In mining or other stocks it is, hotter that thcra bean established Institution boroio whlcn the rights or ovoryonc aro properly respected, and whei'e values can bo publicly established. The romovol or the exchange at this time would bo an oxttemoly unrortunato de-volopmont de-volopmont for tho Utah mining Industry, and tho services or thoso capable or helping help-ing coi'talnly should bo sollcltod at u time whon dally commlss-'fls a.vd rrom $10 to $20 ror a largo rwOmborshlp. "Tho oxchange has an authorized bond Issue or $75,000, or which about $05,000 aie out standing, Including tho several thousand dollars' worth or tho bonds owned by tho exchange. Tho proporty ownOd by tho exchange Is worth all or $85,Qjpo while the building Is worth $70,-000 $70,-000 )p $75,000. Iloro certainly Is a sur-llclent sur-llclent 'foundation ror somo stronuous error er-ror tft pave a now path ror tho institution." insti-tution." - It is lnteicsting to know somctning or our nelghbois, so heio Vo glVo tho depth or tho sharts or mines operated in the Uutto camp. Tho llrst twenty-two aro properties or or operatort by tho Anaconda Ana-conda Mining Company, tho icmalndor being be-ing Independent or this giguntic organization: organ-ization: Dopth. Mines. root. Anaconda 2;000 ls'oerswoat . , -.... 280Q St. Laurence 2.000 Mountain Con 2GQ0 Diamond 2.800 High Oio ..., 2,800 J. I. C 000 llolnmnt 2,000 Original ,. 2,500 Stoward ,. , , , . , s.poo MoQiilIght . .., 1,700 llufTalo .. 1,600 Wost Oruy Rock 1,000 Silver How 1,000 Uorkoloy l.uoo Tramway 2.-100 Mountain Vlow ,..,,.,.., 2,200 Pennsylvania . ................ 2,000 Loonai rt 2,000 Wost Colusa 2,p00 East Colusa 000 Badger State 1,800 ISortli Uutto 2.Q0P Tuolumne , 2.Q00 i:ast uutto i,apo nutto-Uallaklava 1,000 Pllot-llutto , 1,500 Uutto & Superior 1,000 Kim Orlu 1,500 Alex-Scott 1,800 llutto Central 1,000 Vory gratifying ate tho resulu being qbtatnBd from the work being done on and rrom tjio 1000 level or tho American Flag mine at Park City. On this level is where tho stiike or the vein was made some weeks ago, and ore or sdppln,$ value oncountcied The oie has been fol- HBHHWBHKHHHHHH lovlirror oviB' lfo feeft TNul? tht'ce raises H lmi now bneii'-auadolon tJiu om e.iph H about 00 reel apart an" lx tljBr anU wldei uic lins been Tountl by tin lolscs than on H the level A ciy i it li stioak was en j countered last week, whlcn m addition to carrying copper and lead values, and Hl closo to 300 ounces in silver, showed H l.i .oiiilae gold. Such strikes in times H 0$-M "Vguld cause quite a Hurry In H tlio iMgfine here. H |