Show EASTERN BROKERS IN fOR iINES Syndicate of Big Firms Sends G. G G. G Rice to Look Up Properties IN RESPONSE TO DEMAND DEMAN Clients lents Find Finding ng Wall al Street Game Too Swift Turn I to to Mining Milling Stocks Stock Iii Ills special mission to the lm the West st at nt this time one of the best possible evidences evi ovi- dences of or the te growth glowth of Interest in iii il mining In C he Ike Ea Ba East t G. G G. G Rice nice former manager of or the L. L M. M Sullivan l Trust rust company y of at arrived yesterday yesterday yester yester- day from flom New v York on the way to Yonder Wonder anti and HI Yerington He lie Ie goes to those camps as ON the representative of ofa ofa f fn a n syndicate of or 21 1 brokerage firms of eastern astern cities Including New York Yori no Boston ton Philadelphia and who in response to the e demand for 01 t mining mininG stocks stocks' on the part valt of or their heir clients are arc in tho the market tarlet for Ol properties proper- proper ties tics tes I in Uth Utah an anti and N Nevada vo a camps to form the thc basis of or Incorporations aton to lo be promoted by the syndicate On account of ot his intimate knowledge knowledge knowl knowl- edge edgo ot of conditions in tho the Nevada ovala minIng mining min mm- ing camps and the good goot judgment he lw exhibited In the selection of ot promising ground for tho ho Sullivan company company Mr 11 Rice flee was was chosen to represent sent the tho syndicate in the tho field feld He lIe le is going to Wonder first because that camp i h is re regarded regarded re- re as the greatest camp that has been discovered elet since Gold was placed on the map while there are arc many who believe that it will wi In Jn the number of big mines that will wU be developed de Mr 11 Rice will willbo wI bo be followed oU cd by engineers who will wf rePort re- re Port purt rt upon the properties that ho he re recommends recommends re- re commends as worthy of or consideration Camp of ur P Peculiar Merit ga Eastern tern investors are arc attracted by Wonder onder said said- ah air Mr lr Rice on account of the number of companies operating in the camp less les Uan Ilan a year old Wh whose stocks Mocks are arc selling at and above I par r. r among RUong these b bein being the Nevada nta No on whose Wl shares lare ate are nr In demand ar Q e Snider whoso whose stock tock stockis U and Jack Pot whose whoa stock stockis is t the tho is around The They argue that the tIle district must have peculiar merit to show how such uch results it I having In fact proved ro et up hel better r than did Goldfield In Inthe Inthe Inthe the same ln length th of ot time In regard to the change of ot sentiment toward mining stocks among amonI ca eastern tern In estors Investors Mr Ir Rice nice pointed to the fact that several of ot the brokerage houses house In the syndicate he ho represents are arc members of or the tho New YorK exchange A A year car ago RIO said sid he hc these broker brokers brokers brok brok- er ers would not execute an order for mining stocks Now they are arc looking honking for mining propositions to themselves promote The Tue change on their part is simply in response to the demand of clients The rue man with a n few hundreds or thousands to invest Is finding rinding that he ho has ha a a poor show on who has the street with wih the ma magnate nate millions at his back and ami the lie record of lage large Profits in mining mining stocks tho the last fc few years naturally attracts him When one buys the shares of or a good mining corporation ho receives something sonic some thing for tor his money In playing playing the Wall street streel market the chances are arc 1 that he 1 Mr Mi h Rico Rice attributes the slump on the Wall Vall street treet to the Insiders havIn having hav has In lug ing anticipated the effect upon In Industrials 11 of the tho Hariman inquiry I Cu Ca Il Slump All Al sorts aborts of or dire lre calamities have havo o ha beet predicted as sure euro to fo folh luw w the disclosures of or this al and auth tho professionals professionals pro pro- began early arly to short short the market Where tho the ouch end will wi be he depends de de- he- he largely upon the Iho policy to bo he pursued by hy the lie government If I some s understanding is IH arrived arl at which shall bo he as aK giving the Iho railroads rail rail- ral- ral roads a chance chanco which no doubt will willbe wi he be done dOlC then the thug market marl ot Is likely Jely to slowly recover Jt uJ 11 Is natural that the tho trouble should affect the lie mining tock stock market mar mal hot ket to tf some nomo tomo extent Many lalY of the easterners ploy play both the street and mining awl and the Iho heavy losses in will w of courso course lessen lesen the tle ability to absorb abSil mining mining- stocks block But nul the ultimate result will wi be lie In to Increase I the 01 he demand fur for fil iii I mining i ni iii ng stocks Every g tune time an industrial goes Of S Ion down It 1 h Is an au argument In iii favor favO u of the now more popular form of or Investment Eastern astern 9 men who used to Lo class all ul mining ventures as wildcats are aro now the heaviest buyers of mining miffing shares shanE They rhey have come comae to realize that thai the hue Wall Vall 31 street game gamo Is too swift swit for fOI fortim tim them 0 nu |