The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-23
Spectacular
Features i'm
Shares
Stock Market Profits

Rapid profits accrue when one
picks up the string at both ends.
Shortly after location. the Mohawk
claim at Goldheld was traded for a
| mule.
These shares first sold at 10 cents
and later at $40, while Goldtield Con-
solida ted. the productive pivot Of
which is Mohawk. has since paid $1A,-
That cost many but 10 cents q
share, on which they are now draw
ing down 80 cents a share every
| quarter
So, also
lie Rol sold at so cents and later at
| $140
Tonopsh brought 60 cents and
went to $22. so.
Dos Estreilas, 50 cents and sold as
| high as $155.
Grown Reserve, placed at 46 cents,
advanced TO So.
Nipissing went at 81 and sold later
| at $50.
Kerr Lake. floated at 81. brought
| S1l later.
Hudson Bay. put out at rs cents,
went to $50.
HOWEVER. profit determines many
things IN finance, SO that what occurs
often
VIII occur again.
1890 is now worth $500. and has
drawn $500 additional, while
Calumet and Hecla has done better
by returning early investors $1,000 on
every 81 while the stock is now quot
The LIE Roi mlne sold In 1880 for
now $1o.ooo,00O, while the shares
have advanced to $50, and
One hundred dollars invested IN
TINS mine m, few years ago Is now
drawn dividends Of $4,000.
share of a mine that brought him
100000 when 1t was sold.
A quarter interest In the celebrated
mine afterwards produced 5000, 900, 900
and the stock sold as high as 1876
a share
The Tom Boy mine. at Telluride,
Colo, was bought In 1890 for s125, 900
and was sold In 1893 for s1.so0,O0
The Independence. at Cripple Creek,
was located by Stratton as a prospect
In 1892. and he sold q three-quarter
Interest In 1895 for $40. 100000
Tho Dutan mine, in the Rainy River
as a prospect in 1892 to a 1000. 900
proposition in 1896.
Somebody even refused to give up
$4,000 for the Copper Queen In tho
early days.
There were no takers for the Bon
duoing 81. 100000 a year,
Anaconda. that has paid $4,000, 900
in profits, sold to the Rothschilds at
$4,000. 600
Crown Point advanced from s275
to Sls25 a share in one year; Best & |
s23. 90 In one year. while Belcher sold |
at $3.50 In 1871 and at $3.50 In 1872. |
and paid sl5. .a97. 200 In dividends.
Idaho Gold Mining has paid III
zation. The Rand In South Africa,
produced more than s40o 900. 900.
Home Mining advanced in seven
months from 80 cents share to s2S.
Morris Kennel. a merchant tailor at
Moscow Idaho, was forced to take
clothes in 1892. but has since re-
ceived $4,000 IN dividends.
A well-known business man at ST.
Paul, MINI; had his check written
interest in the lie Roi but
His friends persuaded him not to
take It.. few months later 1t sold
in London at $1,000. 900. so that the
advice of his friends cost him one mil
lion dollars.
Two men were offered shares in
Hecla and Calumet In 1871. One
bought to the amount Of $1,000. while
the other deposited a similar amount
at o per cent in a bank, which latter.
for thirty years, netted
him s4404.71 The other investment
is today worth s470.00O and has in!
addition drawn s1.06S.500 as dividends.
d total value Of s1,53S,500.
Professor Treadwel, Interested inl
the United Verde. sold 100 shares at
81 share to his cousin. Mrs. F. II,
Chase Of Bangor Maine.
Later he tried to sell her 200 more
at so cents, but her husband. sick,
urged her not to buy. saying:
you have already thrown 800 In
that hole"
Clarke began buying up the stock
In 1889 and offered Mrs. Chase IS
and then $3.50 a share. which she re-
fused
In 1900 some Boston brokers offered
her s35 900 for her investment OF 800,
But for her husbands advice she
would have taken the additional 200I
shares. with which she says
She would have been the richest