I &
ml
12 GOODWIN'S WEEKLY.
I ! The Market and The Mines
iH i It Is a great and glorious destiny to sit on the
H, !i ty right hand, or oven to step on the toes, of the
iH 'ISI k president of the 'United States and to discuss
H !J ': with him the natural resources of the great state
H Hi of Utah. It is a delightful privilege to welcome
B QM i the national convention of the P. D. Q.'s, the
!jij '' R. S. V. P.'s, and other organizations to our hos-
ill .' pitable commonwealth. It is a great joy to shy a
HII few "well chosen words" at the defenseless and
H unarmed members of the University's graduat-
Ijll ' ing class. And no one could do a better job of
II roveling in these prerogatives of a governor than
H ! Colonel C. Edwardo Loose of Provo. But it was
liB ii n&t to b0 An arcnaIc aml parsimonious national
B HJ constitution limits Utali to ono governor. If he
I1B ma ; had been Spry the colonel might have had a
(IH ' chance; but ho is not Spry, and Spry happens to
HI t' have paid the rent in advance on the only gov-
, yfflj '' ernorship that will soon become vacant, Hav-
!j ing slipped up on the capitol prize, Colonel
111 Loose philosophically accepted the general man-
ill ! agorship of the Sioux Consolidated mine as a
JJ3 consolation souvenir. Instead of sitting on
'j ' either side or other portions of the president, he
g , will sit on a wheelbarrow and discuss both the
H fM natural and the unnatural resources of the
B i j Sioux with the minions of the press. Instead of
H M. welcoming sections of the alphabet to Utah he
H jj(j will employ his eloquence in consigning the
B Jl'jl ' smelter trust to another region. Instead of ad-
H jjj ; vibing the university graduates to hitch their
m ' wagons to a star he will tell his teamsters to
M j hitch their ore wagons to some mules.
H l ; Jt'
H j ; The honors and dignities above enumerated,
H 1 1? coupled with the title of "colonel" and the right
H ft fj to wear a uniform at the inaugural ball, might
B i Y 'f satisfy the aspirations of some men, but not so
H lilj with Colonel Loose. If rumor is to be believed,
H jji and she always i3 when she is knocking, the
H i'J j Provo warrior has boon scouting on the trail of
Hi ilffl.' 'the Colorado-Sioux vein and has chased it into
H '' its burrow oh the Oarisa. The colonel thQn, it
H Ii is said, bought fifty thousand shares of Carisa
K Jt stock from-innocent holders who did not know
H j,n! that the Colorado-Sioux vein made its headquar-
H kf ters in their ground. For that matter there are
H l'K ( still to be found doubting Thomases who main-
H j.j tain that Colonel Loose is mistaken and that the
H j j trail he followed is that left by Harry Joseph
H f when Harry quit the Carisa to do some arbiter-
H isifj ing' on the political destinies of the state. Ge-
B l!j?f ' ologists say that a twist of the Colorado ledge
H rjj which would bring it within the lines of the
B j j)2 Carisa would be a miracle calculated to make
B l j that of the loaves and fishes look like 30 cents..
B i .Id J Miracles, however, do occur in .mining notwith-
B J.t!j I standing the geologists. Carisa has some charm
B jljlji that has caused its price to go up 10 cents a
B . inw I sharo and a hundred thousand shares more or
II less to change hands.
I t & t
'i That the Sioux Con. is well supplied with the
1 stuff of which dividends are made seoms quite
I well established. The management is engaged
now in mixing up a dividend, but how much of a
dividend it will be will not ho known until Satur
day. Since it first broke into pay mineral the
Sioux has shipped about 20 carloads of ore and
has crosscut its vein for more than GO feet.
The daily output at present is in the nelghbor-
hood of fifty tons. In quality the ore is said to
compare very favorably with the goods displayed
by the Colorado mine. The latter property is
I doing: very nicely except for the litigation with
I w It is afflictod. The suit of J. L. Wilson
f ft 4 x5,000 shares of stock or its equivalent was
! . ' annoying, but a more recent action filed by Dr.
i ' W. Y. Croxall, a physician who believes in tbo
f
Bmia s
f fcri
maxim "heel thyself," is alarming. Dr. Croxall
alleges that he is entitled to the value of 10,000
shares in the Success Mining company. The
Success was incorporated with the Colorado and
the Colorado is therefore asked to come through
with the coin. Dr. Croxall avers that Wilson
gave him the shares in question in payment of a
doctor bill. As Wilson seems to have been in
the habit of paying bills with his mining stock,
and as he has already sued the Colorado for the
same 10,000 shares claimed by Dr. Croxall, it is
evident that -when Wilson and the doctor and
the hospital and the nurse and the drug store
and the rest of the people interested get through
filing their claims, the Colorado company will
have to increase its capital stock in order to get
enough shares to go around.
t5 t3 &
After their pleasing experience with four gen
tlemen from Calumet, Mich., the Alta mine own
ers are dreaming dreams of what they could do
if they could interest the "whole state of Michi
gan" in the camp. The Calumet quartet came
out primarily to investigate the proposed con
solidation of the Wedge with the South Colum
bus Consolidated property, but before they got
away they had not only approved the sale of the
Wedge to the South Columbus for 115,000 shares
of stock In the latter company, but had invested
$35,000 of their own money in 70,000 shares of
South Columbus securities.
i fc7 o-
Now that Jesse Knight has secured the serv
ices of an experienced smelter operator at his
Tiutic plant, more confidence is felt in the early
resumption and ultimate success of the enter
prise. Mr. Knight's personal friends and mem
bers of his family may be thoroughly qualified to
run the affairs of the state, but a smelter is dif
ferent. Anyone can look after a state, but to
make a success of the smelting business one
must have experience. In the present instance
G. C. Vivian, late of Montana, is the person with
the experience. He knows all about smelters,
and if he doesn't have the Tintic institution do
ing stunts on the tight rope and talking Esper
anto inside of a month it will be because the
smelter was put together wrong.
& j &
Remarkable as was the showing of the Utah
Copper company for the month august when
4,044,548 pounds of copper was produced, we
have the assurance of Manager Jackling that
the September record will be still more striking.
There is no disposition to lag in the march
toward the half-million pound mark.
GOLF
By A. W. C.
No one appeared at the club last week-end
but a real, web-footed crank -or two, and they
played around In the mud and slush regardless of
wet feet or unholy laundry bills. So the champion
ship play, and the games scheduled for the Solace
cup were all postponed until this week. Satuiday
and Sunday the real trouble begins, as the semi
finals in the club's championship, and the first
round at match p'ay for the Solace cup will all
be played.
Jack Taylor and Frank McGurrln will have a
great match, if both play to their present form,
and as Wicks, another contender in the semi
finals, has been making 40 look very much
alarmed of late, his chances of getting Into the
finals are not so bad as he modestly claims they
are.
Next Saturday the finals will be played. This
match will be at 3G holes, of course, and play
Sherbets, Ices and Fine Candies
are Among our Specialties
Our Ice Cream is sold exclusively at
Salt Palace, Saltair and at Wandamere,
Every Attention Given Out of Town
Orders
I I'
The simplicity of the car and accessibility of every
part has been most carefully studied and must be
recognized and admitted by all who examine the
Peesless in a comparative way.
August Stacker, yi South State St.
AUTOCAR HAYNES
1
E. P. JENNINGS
Consulting Mining Engineer
1 0 1 Waller MctcmntiUi Diode P. O. Box 84 1
SALT LAKE CrTY
LIOW many men find that they must pass by
splendid opportunities for making money
because they have not a little ready cash at hand.
If you deposit your money with this company
on our Certificate plan you will have a growing
fund which will enable you to take advantage of
business opportunities. Our Certificates of
Deposit yield interest at the rate of 6 per an
num and are secured by first mortgages on im
proved and productive real estate.
SECURITY!
gsg
34 UPPER MAIN STREET