OCR Text |
Show smelting Interests enter into """ mining game in beaver county Pulled Htutes Huulllng. IU fining! and Mining rompati) which Is behind tho I'nlted Htutes Fuel iimimn with coal mine In Carbon mid I'mw counties, ha entered the I'ortunu district dis-trict In llenver count), Utah's newest gold lump unci locuted ulxiut thlrt)-flvn thlrt)-flvn miles south of Mllford, Saturday last tho officials of tho smelting eon pan) clnM?d u deal for the l.umry ft Moore ground, consisting of two claims, on which the rich gold strike wns made some time ago, The deal for the l.umry fc Moore ground In-1 volve 1150,000, 10 per cent of the purchase price being paid down and tho remainder of the price, being ex-! tended In pnments that will cover eighteen months. Tho lease Is said to have been sold for fifteen thousand dollars. Tho entrancu of the United Htutes Bmeltlng. defining nnd Mining company com-pany Into the district Is said to bo the most Importunt event In the brier his-tor) his-tor) of the new camp It meuns tho sinking of a shaft and the development develop-ment of the rich gold lodge nt greater depth. When it vvu dofinltel) learned learn-ed that the deal, which ha been pending for some weekn, whs closed, pi lie of adjoining properties were Immediate!) raised It Is understood from authoritative source that tho United BtatcM compuii) will start work Immediately, sinking the main working work-ing shaft t nn Initial depth of two hundred feet before doing an) cross-outtlng cross-outtlng or drifting to develop tho ledge Immediately adjacent to the sun 1 1. Four engineer In the emplo) of the United Htates company have been on the ground making thorough examination exam-ination of the present ore development develop-ment and of the geological formation All huvo reported ravnraMy. It Is understood un-derstood that the compuny Is also ne-gotlatlatlng ne-gotlatlatlng for other properties In the vicinity of the l.umry & Moore ground. Lying close to the Lumry & Moore the Fort una Gold Queen prop- crtv the I'ortunu Independent prop c j mil the Heaver aoldxom Mining mpan)'s propel t The I ortuim district I ut present showing greater activity than ut an) past lime 1'ros-Iteotor 1'ros-Iteotor lire arriving dally nnd new lompanloH nr being iirganlxed Quito u number of Carbon count) peoplo ure Interested In properties In Denver county, ns well n being shareholders share-holders In companies organlied there since the district first began to nttraot attention The Interest being taken there It) the smelting compaii) Is calculated cal-culated to give all of them new encouragement |