Show fl 17 M da matters r MOORES SIO OnES I 1 in the weekly market letter of wales company investment brokers of fort worth texas under date of september eth the following lis ia clipped on september 1st alst bonanza gold mines company advanced its trea scriv stock front from 50 cents per share to par of 1001 per share and the company will sell no more stock for less than pir par this company is 13 operating in utah california idaho new mexico arizona and old mexico once in a long chile a proposition comes to our notice that has all ot of the features tea tures essential to success such stich a one is bonanza gold mines alcues corporation the first thing that strikes us so favorably about this concern is that it Is headed andl managed by a man of idt well ll known integrity with wide and successful experience in the mining business mr charles moore of park city utah is this man in our humble opinion anything that mr air moore gets behind with his brains energy honesty and expert ance is foreordained fore ordained to ultimate success I 1 this company has fifteen proper ties six ot of which are admitted to be real mining properties the other nine properties may be classed as prospects hut but all of 0 the nine b have ave good ore ini in sight both shipping and mining milling three of the six real properties are located in idaho and a number ot of the ablest mining engineers inthe frith e country have examined these properties within the past few months and have valued two of 0 them to be worth iro from to each the third property has not been equipped as yet with machinery and Is only belg bel g worked on a small scale this property is known as the muldon and has produced in gold silver lead and zinc rind mr moore states there are at least to aortal of ore in this property in sight which was not taken out when the property was worked several years ago because at that time there was no profit in it mr moore furter furt hr lieT states that the main feature alioti til lemul ayd perty is that it has never been dej de vetoed tor for depth and all the workings are shallow and the chances are ten to one tor for finding several million dollars worth ot of ore at depth when the property Is fully equipped when the muldon property was worked several years ago the ore had to be transported by bums in miles iles to a railroad and supplies brought in the same way which cost about a ton to transport ore and supplies A railroad now runs within twenty mies of the muldon and there is a a big pro profet fit in the ore today mr moore states his starl property is located at parral old mex mek ico and is called the la manabis Manc oi or aurora property and a number ot of capable engineers in north america consider this property worth two to bonanza gold go ls ahokas als o has two other three million dollars bonanza gold also has haj two other pro properties perVes in parral one being considered si very valuable but has not been equipped to any extent yet the company also has some valuable holdings at park city utah and when properly developed will prove not artly valuable but long lived 1 to of 0 our clients who want I 1 to le tie up with a mining man who knows his business from A ai to Z an and d who has assembled some ot of the choicest properties in the united states and mexico we can truthfully advise you to buy bonanza gold mines corporation I 1 UTAH SILVER LEAD MINES MINE LQ FORGING AHEAD william beales writing tor for the denver mining and financial news says about two years ago the word went the round in III financial circles ot of the country to buy silver lead stocks the increasing id edmand marld tor for lead in industry ot or the world and the scarcity ot of this metal has sent the prices up to wartime heights and I 1 the iho large smelting smelling sm elting concerns are scrambling to gain possession ot of any haely looking silver lead property it was as a forecast et bt that time that silver was also due tor for sharp advances due to the demand for or coinage purposes in europe to replace the paper money that had grown so abundant that people refused louger longer to accept it with any degree ot of confidence also revival ot of the line fine arts industry throughout the world was demanding large supplies ot of silver that was not known during the war at that time utah possessed three I 1 mining districts park city I 1 and Biag haimi these three districts are the major silver lead producing districts ot of tah tahe world gintic tintic c alone more silver than any other mining district in the states park city Is not ony only second to tin tic ini utah tor for silver but a big lead producing district bingham known as the great copper producer because the utah copper companas comp anys are located there Is 18 a big silver lead producing district however most moat of the producers ot of the bingham district are in the east As to the gintic tintic and ana park city districts IM MM q mt i S M M M M the big producing mines or oe these two camps are controlled by utah people toa great extent within the tio years since the cry went up in the financial centers of the united states to lead tri milling stocks the ot of the leading producers of the park city andl andi bingham districts have advanced in price per cent or more have not ma only doubled but tripled and the earnings of these producers are now at a rate unheard of in the history of 0 such mining enterprises in the west millions are made standard about two years ago was selling for or 3 a share today holdina hold kirs ot ahls stock were asking 13 the mine is unofficially reported to be earning better than a year on its slightly more than shares olf of stock it has in III its treasury in government bonds and cash several millions of dollars and has acquired sotyie rich mining ground in the tintic gintic district ot of great potential value silver king one of the large sil ver lead mines in the park city district that is controlled by salt lake interests th 3 same as tintic gintic standard has also risen from around two years ago to the price it sold tor for tuesday on the salt lake stock and mining exchange park utah and park city mining and smelting smelling Sm elting two of the large silver lead mines or of the park city district and two of the greatest in the country have been merged into one big company and the stock has more than doubled within the two years A feature of 0 this merger Is tha ap ot of the board of directors ot of two leading otticia rs ot of the Ana anaconda condu copper company in bingham the utah apex apes owned by boston interests has ed in it price more than per cent bingham mines also caned by boston interests is an example p of wealth that lias has been made in utah anines within the last two years the market value of 0 lead silver mining stocks has jumped marry many millions of dollars with lith the two year period earnings of 0 the companies at any time in their history had bad more ore blocked out oat or ta la a better state physically or alaan liy As to what the states aea ea ith ilas has increased within we one past two years rally may be gai gained ried from the example of 0 the mammoth mining company this companas comp anys stock within the last year was selling seiling lor for 10 cents a share on the salt lake stock and mining exchange this week it sold tor for a share has paid a dividend of 0 10 cents a share has created create dr bi a surplus in its treasury and Is now in shape to enter among big silver lead producers this mine has more than in dividends but its ores wore were alt ald extracted and the belier belief was it was a worked out minei until the big silver lead strike was made in virgin territory and it is now one ot of the big bilings ol of the state easy to investigate this rapid advance in wealth ot of the producing mines ot of the state has hag naturally greatly enhanced the value ot of the prospects in the major silver lead mining camps ot of the state it lias has been easier to get finances to carry on development work and some pi opert les in the gintic tintic district are now in an interesting state ol of development the international smet smelt ing company a subsidiary ot of the I 1 anaconda copper company has taken I 1 an active interest in the h and park city districts more activity has bas gone to the district where this large smelting smelling sm elting concern is financing and directing some interesting developments I 1 and while this great activity in utah has been going on a few utah pe people op h have ave had the foresight to p profit 0 t b by Y it more of ni ning stocks stacks are going east and tear fear Is expressed that thie the large smelting smelling sm elting concerns will gradually gain control of the major silver lead districts of oe state andi and the rich dividends from ore bodies will mill go to eastern stock heillers instead ot or remaining in the state to develop it as has been the case in the vast past mining can no longer be looked upon as a highly speculative business tor for people to invest their savings salt lake people who are only a few hours ride from the large mining centers of cot the state should carefully investigate thai producing sll sil ver lead mines before elsewhere to invest money at the present time these stocks are paying as high as 20 per cent annually and have actual ore reserves to last tor for twenty five aars or more it if no other ore bodies are deT developed eloped it Is not hec necessary essary to buy on so m word ord as it Is possible to go to the mining districts and inspect the mines pr so conally sona nally lr or have an engineer make a report I 1 CROSSCUTS newton A dunyon was over at the park standard tuesday of this week and found conditions much improved since ills ants last visit there Is now a well defined fissure with the entire face in vela vein matter carrying values in both silver andi gold it looks as if the park standard will be the next east side property to be in the sam king and others connected with the Glena Glen ilea allem were over at that property this week it Is understood the control of the property has been sold to a syndicate tor for the record hopes this proves true and that the syndicate will expend another 4 00 00 in putting the glen gle nallen in the producing class in a letter out this week meek to the stockholders 0 of o the tae chiree kings manager forrest farrest mathez says work at the mine Is progressing steadily and ore in varying quantities has been encountered since july 2nd and at the present time we have halve drifted along a bedding 0 of ore averaging one toot foot io im thickness tor for thirty feet beet the average value of the ore Is approximately a ton with this showing of ore it is to be expected that further assessments will be unnecessary but the ore is not nor sufficiently deve developed loved to assure us that tha tsuch euca will mill be the case STOCK SALES FOR WEEK FRIDAY keystone 2100 at three kings 1000 at park bingham Bing liam 1200 at 21 and 20 1 ac SATURDAY keystone at park utah at i 1 MONDAY new quincy at 2 park utah at 6 4 4 keystone at Nail driver er at TUESDAY keystone at 74 and three kings 1000 at csc palk paik bingham 2000 at WEDNESDAY daly I 1 00 at keystone Kp 1100 at 73 and park bingham 1500 at 20 12 1 2 and THURSDAY park bingham at ile keystone at 74 a and ad park utah at SHIPMENTS park utah silver king coalition park city M S co ontario keystone total |