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Show MINING AN INVESTMENT By Ira C. Tichenor In view of the attacks that constantly con-stantly are being made against mining min-ing stocks as on investment, the following fol-lowing discussion of tho subject by a well known Eastern financial writer writ-er is both refreshing and encouraging: encourag-ing: "Nothing dies so hard as super's' super-'s' it ion, for the average person la continually overlooking the fact that what was considered horesay yesterday yester-day is today quite orthodox. Misconceptions, Mis-conceptions, no matter how false, which have been allowed to exist for any length of time unchallenged, cling with a tenacity that is oi'times detrimental to progress. In no other instance in this more clearly illustrated illus-trated than in the attitude toward mining as an investment. "Do raining stocks offer a good field for profitable investment? There was a time when the answer (o this question, if put to hankers and other oth-er conservative men, would havo been a strong and unequivocal No It is true that some time ago such stocks were ontirely out of the cate-gory cate-gory of conservative investments and were indeed highly speculative to a marked degree. "However, no matter how hazard'-ous hazard'-ous an undertaking mining was years ngc, it has now been developed to a science, and sentiment in regard to mining stocks has undertone a considerable con-siderable change, for they are. now considered one o;' the best possible means for profitable Investments. "Mining ranks second in importance impor-tance amoun our great industries. and statistics provo that Uiom are fewer failures in mining enterprises than in any other line of industry. , One does not have to posseea moro than the average human intelligence to realize that, wo'e it not fer the great progress made in mining our commerce would be carriod in wood-ptisailiug wood-ptisailiug ships, that instead of flying fly-ing across the country in our luxuriously luxur-iously equipped trains at sixty miles an hour we should havo to rely on the stage coach, and that the telephone tele-phone and telegraph would be Impossible. Im-possible. Such Is tho Importance- ot mining that were tho industry for any reason discontinued we would quickly retrograde from our present state of civilization to a state of barbarism. bar-barism. "Many of the large fortunes in this country had their foundation in judicious ju-dicious investments In mining enterprises. enter-prises. There are Calumot He-ckis He-ckis and Anacondas in the niaklns tnday. and tho wise investor should, rfter careful invesl igation, ue at least part of his investment fands to take fwiviintaro of th excellent or-norlunities or-norlunities offered in the list of mining min-ing securieties. By looking over thn list of successful success-ful mining companies the writer could find the names of numerous Utah companies whoso stock could have hpen bought for the proverbial one when they first began operations, opera-tions, and who have paid many mil-iinps mil-iinps in dividends. The shining exara-M exara-M of eniirs". is the Utah Conper to $ieo.Mim onn jn dividends. The list r "" h cnmnnPloR is too long to nub-'b-'i i. nt it in.-lndcs several whoso ':neVr vnrth onlv a few rents lea 'ben half a do?en years ago. now is "U;n nt from 2 to C, n shnre. Salt T tike Telegmm |