The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-06-21
Good Words for the Helena Min
ing Exchange from the New
World District.
Tho Gallatin Basin Said to be
Rich in Gold, Silver
and Copper.
Rich Strike In the Mo Lods-Booming O.
u. = N.-Tne Elkhorn Queen
Mining Notes, Etc.

The Cooke City correspondent Of the
Livingston Post has this to say concerning
the Helena Mining Exchange: 1T should
meet with tho hearty 90 operation Of all IN
terested In the Development of Montana's
matohless mineral resources. We have
never seen copy Of the rules that arc to
govern TIL listing of stock, but doubt not
that they are modelled after tho Denver and
Kansas City exchanges, either Of which
afford the public the greatest possible pro-
lection from wild cat" and worthless
stocks. This il step in the right direc-
ton, as under careful and judicious
management it can be made . safe
director of capital seeking investment
in legitimate mining enterprises; also
the best available advertising medium
of our schief industry. In its successful
management it will not be necessary to
revive tho wild gamblings and unscrupu-
lous mesaods that marked the history Of the
California exchange in the hey day of it's
tory, together with the .'wild cat'' prospects
and "salted'' mines. They have been sup
planted by the sober, intelligent business
principles that directs the investment of
capital in all other legitimate industries.
They served their purpose in their day, and
while they made the fortunes of the few and
wrecked the fortunes Of the many, they at
traoted the attention Of the civilized world
to the fabulous wealth of Americas precious
metal mines.
A mining stock exchange in this greatest
of all mining states. conducted upon hon
orable and business principles, has large
and inviting field Of usefulness spread out
before it, grateful Office to perform both
for the capitalist and the poor miner
Properly conducted it may stand the spon-
sor OF invested capital, the god father of
"a mr. ;ko tvx1s
diation prospects-and when We use the
word prospect. We mean properties that
have all the ear-marks of mines, that have
ore and that only need capital to uncover
more-wfllt blossom into mines and pros
pectors into capitalists. It can and should
be made safe, reliable agent for Mon
agent that would say to the millions of un-
employed capital in the savings banks and
We cap and will furnish you you
steady and remunerative employment.
Here is an inspiring and an inviting oppor-
of infant mines. Now ia the time to invest. |
The mountains of Montana are full Of !
gold, silver, iron, lead and other minerals. |
All that is needed is exploration and devel-
opment, which requires capital. There are
millions Of money willing and anxious Of
investment if it can only be assured Of safe
and sure direction. This should be the of
fee of the mining stock exchange. The
prospect of1fAvorab1e silver legislation has |
awakened new interest in the mining bust
ness and when silver has been given it's
functions, mining boom is sure to follow, +
and Montana will lead the van. The min
ing stock exchange Is timely agency and |
has responsible Office to perform. We |
trust and believe it will be equal to the oc-
casion.