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GCODW'lN'S WEEK! V 11 MINING AND FINANCIAL The Fall Rise In Shares Colc-Ryan Enter Ploche Ernest R. Woolley Gets the Eastern Denial Habit .. Utah lias had to wait a good while for a rising stock market and a little longer to make sure that the advance was not a false alarm. But now we may cry from the house tops that it is here. j? The bear party is hiking to the alfalfa as rapidly I as its means of locomotion will permit and the j resonant bellowing of the bulls drowns the fading growls of the ursine tribe. Faro bank, poker, real estate., farm lands and horse races have had their day and the' lure of the mine reasserts it self. Everything points to a booming market. The danger, such as there is, is that the boom will overdo itself and become a craze comparable in its dire results to the Iron Blossom craze of -t three years ago. There is little risk in being reckless when prices are below normal and al most every purchase is protected by a wide mar gin of intrinsic value. It is the rising market that drags the traders in over their depth and leaves wreckage strewn on the beach. The main cause of any speculative activity is sharp fluctuations in prices and large winnings. Contributing causes in the present instance are the higher quotations on silver, growing demand for copper, the improved market for spelter, the lugubrious attitude of the railroad officials and the exhaustion of gambling opportunities in other industrial lines. The summary of the business of the Salt Lake stock exchange shows the Octo ber transactions to have been the largest since March, 1910. The advance in prices during Octo ber was still more striking evidence of the be ginning of a boom. A half dozen widely held stocks have more than doubled in value in a month or six weeks. Uncle Sam, Black Jack, Opohongo, May Day, Utah Consolidated M. & M., Beck Tunnel, and several more, have made little fortunes for the traders who picked them up dur ing the dull period. The fuss that has been made over Colorado is characteristic of an altered market viewpoint. The news that a good face of ore is in evidence in the south drift near the Sioux lino is good for a ten-cent rise now. The same mrormatlon, a month ago, would have been used by the bears as a club. They would have pointed out tnat the demonstration of ore so close to the Sioux gave the Colorado the little end of the shoot and mere ly emphasized the poverty of the Knight property. Unreasonable as that contention would be it is al most as logical as the extreme optimism that gives to a bit of routine development the import ance of an epoch-making discovery. The late "strike" of the Colorado was discounted long ago. M' It could be foretold with certainty when the Sioux extracted ore almost to the Colorado and quit, leaving a wall of standing ore north of its stope. If the Colorado had not found an ore body where the recent "strike" occurred its failure would have been one of the most remarkable incidents in the i annals of mining. To make good with its strike the Colorado must trace the ore shoot back to I the north through the ground above its drift "' must prove, in other words, that the ore is more than a teat to the Sioux mineral body. To all interviewers Ernest R. "Woolley, blush ing under his new honors as president of the '$ Nevada-Utah Mines and Smelter company, denied that the Cole-Ryan syndicate, either individually or collectively, had the control of the company. Our friend Ernest Is fast falling into the ways of the high financiers. And who would have thought it?He used to be such "a nice truthful boy." Well, that eastern atmosphere does havo a bad (Continued on Page 14.) I Reason's Why If s Best I I H ual analysis better than any eastern H H H or other western brew because it is H H H absolutely pure. H H 'B from Utah White Club Brewing H H j Barley, recognized by all brewers as H H H the best in the world. H H I "BECKER'S BEST" is brewed I I H in an absolutely clean and sanitary H H brewery. H H I More reasons why "BECKER'S I I BEST" is BEST will follow. Watch H Phone your dealer or H H JJ