White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1915-09-05

49,
for the whole of last year. 1t is stated
that from 90 to 10 cents a share had
been loaned on Alta Consolidated
shares. while Emma Copper shares
commanded a loan value of 60 cents
a share. The borrower was not given
a chance to secure money elsewhere
to pay off the loans. but the shares
held as collateral were sold, with the
result that prices rapidly dropped
There has been good buying since
then, however. and prices are again
%stiffening. Investors who take adj
vantage of present conditions to Sc
cure Alta Cottonwood stocks at pre-
vailing prices are bound TO make big
profits in the near future.
Reviewing the Cottonwood issues
during the last ten months. we have
this TO say: Ten months ago there
was practically no mining being done
in the Cottonwood districts. Today
there are fourteen producers. At
least W of fhese fourteen will pay
dividends between now and the first
of the yea We contend that no min
ing camp in the history of mining can
show a like record in this space of
time. and we viii further add that
possibly no two mines of a like de-
scription as the South Hecla and
Cardiff have opened such large ore
reserves in so short a time.
SOUTH HECLA-The development
of this property continues TO be the
sensation of the year. The COM
pany is pushing exploration work on
both the Wedge and the Hayes ifs
sures. Both ore bodies continue TO
enlarge and tonnage is being rapidly
added TO the ore reserves. In the
meantime the company is driving to
intersect the Wedge assure on the
five hundred-foot level. II ore should
be encountered at this depth, it would
add an enormous tonnage. and pos
sibly cause a wild. sensational adj
vance in the stockto at least five dol
lars per share. There is no doubt
in our minds but what the company
will encounter the ore on the five hun
cred-foot level, and will find it fully
large as on the $50. A large ton
mage every day is being shipped to
the smelters and the company will be
in a position to pay a dividend within
the next ninety days. BUY SOUTH
HECLA now. for the dividends; also,
as n of the best speculative issues
the market today. MAKE YOUR
ORDER READ MARKET"
ACKNOWLEDGEMENTS work at
property is progressing at a
rapid pace. Recently several small
stringers of high grade ore were en-
in the Quincy tunnel at a
distance Of about $3.50 feet from the
portal and at a depth OF 1900 feet.
Nine Manager Watson is confident
hat the present working is nearing
in important ore body. II the Albion
should catch an ore body at this
iepth. 1t would mean the most i'm
strike Of the year, on account
the great depth. We consider Al
ZION a cinch. as 1t originally produced
| million and q half to water levels,
large, rich ore bodies at this
point. Everything goes TO indicate
hat these ore bodies go to great
iepth, and a strike made at this level
would Immediately cause the stock
advance from five to seven dollars
Der share. We advise you to buy
Albion, Put it away in your strong
boxes, and hold 1t for three or o
hundred per cent advance. BUY In
MEDIATELY. Make your orders
read MARKET
EMMA COPPBR-Telephone ad-
from the mine last night were
the most encouraging OF any time
since the property has been under op-
Grafton. Emma Copper has made
good, and is making good In a big
way. A number of important strikes
have been made within the past two
weeks. The company marketed Its
first Of ore this week, and we un-
derstand that it is in a position TIC
continue steady shipments. No mis-
take can be made In buying Emma
Copper at present levels. We advise
you to buy Emma Copper, and make
,ro,r ordars read ~..MARKETr