The state herald., 1891-10-23

The congress will be held In Denver
November IS, 10 and 20 In tho building now
ready for dedication on the corner Of 18th
and Arapahoe streets, easily accessible
from oil parts Of the city by three rapid
transit lines.
The subjects 10 be discussed are Of In.
terest to the practical miner, and range
from laws governing tho location OF claims
to fres coinage. Among the important
issues are the capitalization Of mines,
which has been carried TO ridiculous ex-
tent by Eastern brokers, who seem to
think that no mineral property can BIO
floated unless 1t Is rated iu tho millions.
a majority Of mines would better be repre-
sented by capitals Of from 100000 to
SaOO, 900 and thus allow fair margin for
operating expenses and dividends. On
tho other hand rich corporations take up
series OF claims covering an extensive urea
of valuable territory, and beyond doing es-
sessment work required by law, make no
attempt to develop the riches which others
are debarred from touching. With both
great political parties indicating favor
able leaning towards free coinage, 1t is
natural TO presume that such recommenda
tions rs the mining congress might make,
would have weighty influence.
The congress will be tho consummation
Of tho fondest hopes of the Colorado Min
ing Stock Exchange, which has overcome
every adverse influence during the past
two years.
The exchange had not been in existence
six months before few OF the members
began agitating the question Of a separate
building, to bo owned by the institution.
The project was coldly received. But
Charles L. Taylor, the originator Of the
building project, KEEP. the matter so prom
inently before the exchange that It at last
became the issue OF the second annual
election OF directors in April, last year.
This election was hotly cJntected between
tho building and antibuilding factions Of
tho exchange, with tho result that the
builders came OF victorious. The first act
Of President Taylor's administration was
TO appoint an active building committee,
and Immediately thereafter four lots on
the corner of 18th and Arapahoe streets, in
the business center Of the city, were pur.
chased, and the work OF building was soon
under way. The accompanying cut shows
the building IS completed.
Tho Colorado Mining Stock Exchange is
known throughout the length and breadth
of the land, und Its stocks are rs good as
money. Its evolution from conception to q
practical demonstration Of its cardinal
principles has been grand success. II
has gained the confidence OF the capitalist
and tho miner, and has made them kin. II
has rc-awakened the energies Of the miner
and the prospector and made value for
their properties.
II Is peculiarly fitting that this first
mining exchange building should DO erect.
cd In Denver. the capital Of Colorado, that
has added TO the worlds store Of money
not less than 300, 0Oo, 900 in gold and silver.
Tho building cost completed ss50, ooo, which
added to the present valuation Of the
ground, will bring the entire cost nearly
up 10 100000. The building has o front.
ngc OF la3 feet or 18th Street by depth OF
100 feet on Arapahoc Street, On the first
floor will be located oflices aud stores, the
corner being reserved for bank.
Immediately on entering tho great
entrance on Fifteenth street, one will en-
counter two handsome, elevators With
the elevators will be stair leading to the
second floor, upon which is located the
magnificent Exchange Hall, 5Ox,5 feet,
ilanked on ono side by tho Directors room,
Secrctary's ofitc, etc. and on the other
nn exhibition room for specimens OF the
mineral products OF the State. This bull
will be thirty feet In height and construct
ed In the Romanesque style. Connecting
with II will be n telegraph oilicc, hat and
coat room, layatorlos, otc. The Offices
opposite tho corridor will be occupied by
mining brokers and others engaged In the
mining business. On the floor above will
bo handsome foyer provided especially
for ladies' and visitors, from which the
operations on tho Exchange can DO Viewed.
With tho specimen room will 10 library
FREQ TO all visitors. In which can DO con.
suited books on mincralogy, metallurry
and allied sciences. The fourth, NTH urd
sixth stories Will be occupied by oilices-
thirty on onch fioor. These onccs will be
provided with lroproof ynnltA where
necessary, and will be- unsurpassed for
light or ventilation. Tho seventh story
wa ~ '"se 'hhhuig
rooms and large and handsomely furn.
ishcd restaurant
Tho exterior OF tho building will bo
unique, and will probably stand alone for
some time asa handsome typo Of nrchi.
lecture. II will contain nine handsome
largo store rooms md l4o oliccs. Tho
architects are kirchncr Il Kirchncr Of
Denver and ST. Louis.
Tho pnrnoe committee take this means
OF extending an invitation 10 all mine
owners, mine superintcndcnts, miners and
prospcctors TO take part In tho parade on
tho 18th OF November. II Ia purpo.cd 10
group each separately, md In order To
givc nil their proper position, 1t will bo
necessary That those who propose TO attend
and take part notify tho chairman Al as
carly n day as possible,
II is especially requested that tho
miners nnd prospcctors appear In THAR
working Rurb. Tho committees hopo In
have Mt least 1000 miners and prospcctors
In line.
a Baby Coca 10 tho Pen.
A