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" - . j. ,ii in - ill i iiniii. 111 ... TryTjJ"JTAiMiwiniiirn-NTin K 6 GOODWIN'S WEEKLY I MINING AND FINANCIAL !At last the skeleton is out of the Columbus Consolidated closet. For a long time the man- agement was able to keep the door locked and M barred, but the deception could not be maln- M tained forever. The attitude of the company's IE creditors became more and more uncompromising, Hd as the hope of meeting its debts from new dis- K coveries of ore faded away. To avoid a worse is- K sue the Columbus officials threw the closet wido Kh open and all at once, without a word of warning H oi prepartion, disclosed to the eyes of the horri- Hf fled stockholders the grizzled and fleshless form of H the company's credit. The shock was the more M severe because of the hope cherished by many of R the share owners that another three months i would witness a renewal of dividend payments. fl' To this unexpected denouement is due principally Hf the latest blight on the stock market. To be H jollied along with intimations of a nice profit and H then thrown out of your airy castle with a touch H for a 25-cent assessment is enough to shake the ( confidence of any one in the eternal fitness of mi things, the perpetuation of our iree government Hf and an overruling providence. It sure jarred the H. traders on Cactus street and put them in a frame H of mind to view with suspicion everything that H cculd not be seen, felt, handled, weighed and tak- m eu apart. H The public may be obtuse, gullible, short- H sighted and "easy," but it is not so stupid as to H learn nothing from its misfortunes. It has read H7 as the moral of the Columbus false alarm: "In- H sist on the whole story." The Columbus ofllcers H have deceived, not by making false statements, H but by withholding a part of the truth. We have H heard quickly enough of every new strike made H at the property; of increases in output and aug- H, mentation of values, but nothing worth mention- H' ing of the heavy expense for pumping, prospect- H ing, ore hauling and other incidents of operation. H With no unusual outlay the Columbus would have H' made a lot of money last year. It shipped for a H long time GO tons of ore a day, much of it of H very choice quality. It was drawing its product H fiom no less than five different faces. An ofll- m cial statement gives the production for the past H year as 10,160 tons, dry weight, worth $158,569, H or $15.60 a ton, and 590 tons of concentrates H vorth ?1 2,521. The underground work, however, H comprised 2,527 feet of tunneling, drifting, cross- H cutting and raising a largo amount in propor- H tion to the earnings of the mine. The earnings, H however, kept pace with the current expenses and H the status quo might have been maintained in- H definitely but for the old debt of ?90,000, incurred H during the fight against encroaching water three H years ago. The maturing of a part of this obli- H gation brought a show-down and an assessment. H Public opinion might have overlooked the bad H showing and the assessment as unavoidable in- H cidents of mining, bin. it could not ignore the H i conclusions to be drawn from the recent market H' history of the Columbus. The confession of the H, directors put the brand of inside manipulation on H both of the advances made by Columbus during H the last fou months. That the little booms were arranged to enable someone to unload is now as H plain as a circus bill. It is equally plain that H the only persons with a purpose in unloading l were those who knew the actual condition of the H company. One could hardly ask for better cir- H; cumstantial evidence to convict company officials H of misusing official knowledge to the detriment of B shareholders. H The Columbus qase does not stand alone. It H' has focused attention on a reactionary movement B I in the Utah mining field. For months it has been H growing more and more difficult for stockholders H and prospective investors to get an insight into r -til . -M The Clock ! Don't think Hint a $50 clock that consists of a $48.00 Onyx or Gold Case and a $2.00 movement will keep ns . accurate time as a clock with a $4S movement and n j $2.00 case, and don't expect a clock will feel nny better 1 bottom side up In a clothes basket on moving day than you would, and don't expect it to recover as quickly. V Wo sell good clocks and no other sort, and have the M right one for the mantel, hall, bedroom, office, engine M J ft room, school, automobile, desk or kitchen, at the prices M t jf that good clocks bring. m jT)jD f gff I jewelers. r PHONE 65 FOR THE CORRECT TIME salt lake city. Lj nni J I Fr GAME TOW I oozing 1 nrougn lmKWrP And over every article laundered by iWTjt" us is part of the detail of our system iUii No flaw in the Work must be shown ffiifjm after passing through the skilled hands ljBTJ JH533 of our employes. That's why it's HjMJiL "Perfect Work- (PfiM zSlcc. TROY LAUNDRY, The Laundry of Quality BOTH PHONES 193 166 MAIN STREET I DRINK I WAGENER'S BOTTLED BEER I I MADE FROM PURE MOUNTAIN SPRING WATER I I Good, elenr water Im the most cssentlnl factor In the manufacture of u strictly high cIuhh beer The Wagener Brewery Emigration Canyon Wo have our own springs In Emigration Canyon tho finest In tho country piped directly from their source into our plant. This means, Wegener's Beer Pre-eminently Superior. Great Core Is TJhciI In the Sanitary Condition Our Beer In Well Aged Before Our CuMtomerM Arc Supplied Physicians endorse it as tho most palatable and nourishing a beer mndo under the most favorable conditions, in accord ance with the most approved methods. For luncheon, dinner or bed time, Wegener's Is the beer of beers for health, strength and good cheer. Our Sales of Bottled Beer for Family Trade in Salt Lake City Have Doubled the Past Year I Our new grade of bottled beer that we have been supplying since February 1 In approved by the palate of the moHt particular and enjoyed by all I I , Order a Case by Phone Once a Customer Always a Customer o H. WAGENER BREWING CO. 6V Office 142 East First So. Both Phones 218 1 RAISING MONEY -terftfck. Most everybody needs to 'ZfrMH&iTk ralso money, and tho best Jmjf&vi wny that wo know how is Wfh for you to turn somo of jwiiL-. W thoso old bad bills in for Mw$$LlKS29 collection and raise somo (wWz&JF&Pn) money. Wo collect evory- IMm!Lv V where and nnywhoro for a wfjflRSs fi reasonable charge, wlth- fwmSFmKM) out nny docket foe or any ':Wlffl. charge whatever unless wo Wk )i Wallaoo Law & CollccUon Co. WlXINtAv j? JOHN J. WALLACE, Manager 'wMn MV W 324-5 D. P. Walker Bldg.. fBr ' iV W Phones 10G9. VJSyf 'If Salt Lake, Utah. I MEXICAN ROOT I (Nature's Remedy.) Grows hair on bald heads. Kills Dandruff. Stops falling hair. Positively guaranteed to grow hair on bald heads or no pay, R. J. STEWART General Agent. Suite 2, Celntont Hotel, 209 South State. Bell Phone. V '