Show pending the settlement of the suit between the round mountain sphinx mining company and the round mountain mining company of round mountain nevada the court has handed down a ruling which forbids the declaration of further dividends but allows the company to operate in disputed ground provided a representative of the plaintiff is present to check the amounts and assays essays of ore so mined 0 the daly mining company of park city utah will hold two special meetings on october first one to increase the capitalization from to shares of 20 par and the other to amend the articles so that the company may be empowered to own and operate steam and electric power and lighting plants the company has interests in much water and coal mines at coaldale coraldale Coal dale and considers c installing a steam plant at the coal prop erty to furnish additional power the daly company will also have the park city electric franchise recently granted to lewis A jeffs directors of the Hypo mining company have adopted a plan to purchase acres of land on which the company hoks an option more machinery will be ordered to electrify the hoist and complete the equipment of the property near wallace idaho an assessment of 3 mills was levied to pay the cost cosi directors inspected the property prop erty and were especially pleased with the showing on the foot level the mill is now handling forty tons of ore daily and producing six tons of concentrates which are running 65 per cent lead and ten ounces in silver the new ground will be used partly as a reservoir site and a lake covering five acres will be made to keep the mill running |