Show r I r Mining Matters i iI I l I 4 oI I 1 I I I I II Hr H rou FORTUNE IN I IDLE IUIE MINING II CLAIMS In no Industrial field are arc the possibilities for fortuno fortune as great creat as In th the mining districts of the west Small syn syn- syndIcates syndicates aro popular In tho the mining dis dis- districts districts of or the west since It is 15 practically Impossible to finance thru the sale o of securities In an incorporated company says sa s 's the Denver Mining Record The dictatorial rulings of or the securities and exchange commission in Washington havo been responsible for a n drop to tc practically zero in new company ing It is as ns impossible to keep ambitious men away from rich western mining districts as It is to keep flies files from a a. bowl of ot sugar New opportunities for aggressive operators are even found among the tho properties being advertised for sale for taxes in mining districts of or the west Many small Email stock compa compa- companies companies nies have depleted treasuries since the tho salo of or company shares has been so BO severely handicapped by congress and an i the SEC The result is Jg that there are aro numerous rich properties now avail avaU- available available able under tax delinquency Going over recent history we find that some properties prop prop- properties lost thru tax sales have later late been developed into bonanzas by new operators I I The most moot talked of new bonanza in I Clear Creek county Colorado Is tho the famous Dixie mine on Ute creek It Is only or six years ago that this I property was up for tax sale and later ono one group Interested In the tax cate ate secured the property for operation LeRoy Giles Co made the big strike and In the first feet of or tunnel on tho ho vein are reputed to have taken out These workings were only 40 or 50 feet below the surface Later they started a 0 new tunnel at depth and havo have sInce Inco added to the tho bonanza history of or orthis this rich Colorado silver gold-silver district The property has extremely rich ore a 0 recent assay on specimens of or crude ore showing an as assay value of ounces gold or per ton This free gold oro Is In a porphyry vein that also shows hows silver and lead There are large flakes lakes of gold In n the ore Here is 15 a 0 I property that was started up by three partners on a shoe string They made their strike near the grassroots are re reputed re- re reputed reputed to have havo already taken out a a. for for- fortune fortune fortune tune and are rapidly adding to their then fortunes LOCAL J. STOCKS AND METALS LS THURSDAY Metals Metals Lead Lead copper On tho Salt Lako Stock Exchange today to today to- to day nine issues s found buyers the buyers the only Issue to decline In these the transactions was the tho New Park the local stock trad trad- traded traded traded ed In in dropping n-dropping down to 38 cents cents' was sold a a 2 cent ent drop from the high mark for the week FRIDAY Metals unchanged from yesterday On Salt Lake sake the Exchange Exchange the lucky number issues number 13 Issues found customers customers- shares changing hands Two local Issues were traded In one In-one one 37 cents off or and md one 1 cent up from yesterday Silver King Coalition was the low Is Issue is- is sue sue and New Park Park SATURDAY Metals unchanged Eight state mining issues found cus- cus cusI customers j I bomers on Salt Lake Exchange today today today- two of or which were local New local New Park going up one cent and New Quincy dropping back ba k 1 cent The sales were New Park Park 83 83 38 2300 I New 1000 1000 I MONDAY Metals same as Saturday On the Salt Lake Exchange today eleven Issues changed hands most hands most of or them with an upward trend Two local stocks were among them them- I both at slightly higher prices Silver King Coalition I up jp 30 cents cents' I Park City Consolidated 2000 t up up 2 2 cent I New Park was quoted bid lOc asked asked no no sales I On the curb 2000 New QuIncy sold for fcc ac c. c TUESDAY Metals unchanged Fourteen Issues changed hands on the Salt Lake Exchange today with today with New Park the lone local local and and down l' l 37 2 38 and 38 i 2 closing bid and asked Taco SHIPMENTS o f Two Weeks Park Utah Consolidated Park City Consolidated New Park Slyer Sliver King Coalition Park City Utah Total |