White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1915-08-08
Market Letter
(By f. w. HuIse and co..

During the week Just gone the out
standing features OF the Salt Lake
City market have again been the
stocks. which
we have been so strongly advocating.
With possibly one exception all have
displayed remarkable strength and
closed at top figures.
EMMA COPPER. on very favorable
news from the property. advanced to
IA high level. closing on the open
board with "A cents bid and very lit
tile stock in sight even at that price.
The small vein of ore which has beer
followed from the upraise is steadily
increasing in size and richness and
there is no further doubt in the minds
of those who are closely watching
the situation but that EMMA is des-
tined to make good in a big way very
shortly. This issue has become one
of the favorites Of the New York
curb traders and week in and week
out Is unquestionably attracting more
attention on the Salt Lake City mar
ket than any other stock listed there.
ALBION is also coming to the front
with a rush and bids fair to rival
Emma as a trading feature in the
near future. In our opinion ALBION
Is today as big. If not a greater buy
than anything else in the Cottonwood
districts. Big developments are look
of the Quincy tunnel which is being
driven into ALBION ground and a
strike of the proportions expected
would quickly send the stock to high
er levels. An advance even better
than thai recently made by South
Hecla, when on the encountering of
ore on the same assure ALBION is
driving for sent it from less than
80 cents to over a dollar in a few
days. is more than likely with this
stock.
Another speculation of great merit
and possibilities which we have been
urging our customers to take advan-
tage of lately is WILBERT in Idaho.
This property Is situated in the Dome
mining district. twenty-five miles
east of Arco, Idaho. In 1914 the
property was actively worked for
about five months only. but the pro-
duction amounted to $500, 600
pounds of lead and 600 ounces sill
yer. There is n mill which cost In
the neighborhood OF 500. 900 on the
property fully paid for. The COM
with only one shift working, put in
the treasury a sum equal to approx
imately five cents a share In the past
sixty days and with the addition of q
second shift the first OF this month II
should be an easy matter to raise
that amount to ten cents a share by
doubleday an announcement OF a reg
ular dividend basis will be made at
the directors meeting about the mid
die of the month and the stock will
advance accordingly. At least wen
ty-five cents a share by the first of
September would not be in the least
surprising and we highly recommend
the purchase of Wilbert as an invest
Misrepresentation.
As a spread" the three stocks
mentioned above are to our notion
the liveliest thing in that line We
have seen in a long. long time. Five
hundred shares each OF EMMA and
ALBION and a thousand OF WILL
BERT or a proportionate amount of
each should prove a speculation hard
to beat in any kind of a market.
Big things may confidently be ex-
pected from such other ALTA-COT-
|TONWODS as WEST TOLEDO,
REEDS PEAK. SELLS. SOUTH
HECLA. TAR BABY ad WASATCH
and their purchase is strongly rec
commended. They give fresh indica-
tion of o o establishing very much
higher levels.