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Show LOW BATES SUBE mm pise President Kequa Makes Statement State-ment Full of Promise For That County. BOTH SMELTING AND SHIPPING RATES LOW Company to Encourage and Foster Fos-ter All Business Along the Road. While no public anouncemcnt has been made to such effect, It Ib considered certain cer-tain that not only have tho Guggenhelms taken up tho option on the control of the Nevada Consolidated property, but that they will proceed to oxerclBc similar rights over other options they hold on large blockn of this stock. With the Catherine Cath-erine In of this company, which will bo added to tho Cumberland and Ely and the GIroux, tho GuRgenhclm people will be in readiness for their great plans at that camp. By the coming1 June the Ely & Northern North-ern railroad will be In operation, and President Rcqua of tho road recently stated in an interview to the White Pine News: Kapidly Building- Road. "The tics and rails for the road arc now ut Cobre, and tho rolling stock has been ordered and will be in readiness when required. We have placed un order with the Standard Steol Car company for ten hopper-bottom Hteol ore ours of lifty tons capacity, which will be used on the ore line from tho mines to the smelter, and will be ablo to haul 500 tons of ore to a trip. It will probably be lato In the summer boforo this ore line Is completed. Will Provide Good Rates. "A station is to be built at onco at Cur-rlc'sH Cur-rlc'sH ranch to handle thb Cherry Creek and lily freight, and wo propose building build-ing stations at any place along tho road where tho volume of buslnes will justify. It will bo tho policy of tho company to foster nnd encourage every enterprise In the country through which tho road passes. We will be prepared to make both smelting and shipping rales to the producers pro-ducers of low-grado ores, thus assuring the working of a large number of proper-tics proper-tics now lying Idle because of prohibitive smelting and shipping rates." |