Show MINING MATTERS AT BAST VICTORY As a result ot 1 ard work and concert ed action on the part of rork city lock holders alie control of the new ork bonanza company a affairs was secured by t 13 camp at the annual meeting of the company held in salt lake city last tuesday AI J mcgill the bell known mechanic and mm ing man of tin city represented the park interests and handed in proxies or practically shares and held oer 5 in reserve secretary barnett held 83 shares by proxy and his adherents had over shares more but they realized that they were hopelessly in the minority and when the placed in nomination by T II 11 paull was mr barrett proposed that the entire vote be cast for it making the election unanimous by a vote ot fcc shares out ot a total of out standing an 1 issued shares amount me to the board directors chosen was made up as follows A J shores and mrs margaret V roger salt lake M J mcgill 8 W el of tins city the new board of direct ors met in alt lake esterday ar d elect ed the follow ng officers M J mcgill president S W plait vice president J II 11 demine secretary W arm strong treasurer A 3 cent assessment was levied on the capital stock the proceeds of will go to I 1 ay off the in the company The direct ors also discussed the future plans for the proper tys development after the meeting tuesday J II 11 doming and I 1 B blakely were appointed to audit the company a books then to mike their report to the new board of diorec tors the report of secretary fiarman bar nett was read and was entirely satis fact ory as was the report of manager atil son in concluding his report mr ilson stated that the mine was never in better condition and that the prospects were bright this being the case as behave every reason to believe and with toe management of the company a affairs controlled by park city people well acquainted quain ted with the condition of things at the property we eel satisfied that the bew york will now come rapidly to the front and be the paying property that well directed development and constien con bious management will make it ann BI tl e mining column ol 01 a salt blakej daily of wednesday last contained the report of an agreement which bad been accepted by which the daly 1 est mm ing company acquires the use of the on tano drain tunnel through which the wealth of the former will ultimately pass on the pocket of the stockholder this agreement the report continues ib now in san francisco and will soon be back with the signature sign iture of the ontario fl representative there it has been approved by the counsel of both companies or at least ii is eo announced and the paper in question is satisfied that it will meet with no opposition in the west if such is the case the drain tunnel will be ex tended to the daly est the end lines of which property will be reached in 1500 feet connection with the shaft to be made at a point 1500 feet still further in A none ol 01 the officials of either company are in town the report can not be veri led or contradicted at this end that he proposed work would result in great god there is no doubt as is would solve or one thing the problem 0 handling he daly est water further developments in the matter will be awaited with interest BOND FOB superintendent john ol 01 the comstock has been in the metropolis all week on company business and incident ally baying op the steel for the machine drills which are boon to be installed at the mine such large bodies are now known coexist that the company ig desirous ot developing the property more quickly and thoroughly and to supply the necessary means or abi work bonds to the amount of will be issued the game to run for five years and draw merest at the rate of seven per cent many ot the bonds have already been subscribed tor and it will not ba difficult to dispose of them ag de tired A compressor is to be installed at the mine and other improvement made which will facilitate the property development the bonds will be ed only as the financial condition of the company CROSS COTS A trial carlosj 0 american ria ee cond claas ore is on the market beell falter scotland lames ferrel came up morning t attend the quincy meeting at which the company bua iDesa wilt be of an ant malic scales liaa been install ed at the daly weal nail this alpar abua earea considerable time and expense tog the product of the mill before it leaves for h ament the pumping of water continues it t e est Q ilnay I 1 resident turner 1 not yet arrived in camp but ilia return will mean the resumption of develop anent work at property M S W plait and dulios frankel went to if e metro polia yesterday on business connected with the organization of the new board of di rectors of thelsen york bonanza company J 0 came up iliin morning anil is now at ll 11 e heat quincy repairing one ot the large there mr phillipa is in the employ of the bait lake hardware company and la frequently Bent them on tuch trips A deal la on whereby the corona corn pany will obtain considerable ground at base of the mountain BO that aliey can tunnel in and tap the formation no definite information hag yet been given out regarding die immediate plang of tha company at the american flag development work is nicely and john bloden ha put a cabe on the cable instead of the bucket hereto fore used tl e erection of a mill Is 0 the probabilities of thia campaign work hie old marsac looka more an 1 more of wreck every day good progress lia been male in ill week giant powder hallax been used good effect in tearing out bome of larger timbers the first 0 the month will see be about finished the old dump juit below the daly I 1 judge mill is being cut through it being the intention to run a road through it A large flame baa been placed to carry the creek water and every effort is being made to put the road in first class con dilion tor the winter and spring haul ing the new dime plant erected last spring at the daly west by F W sher man the expert millman has proved very aad the management Is of the opinion that detill another such plant be made tn pay accordingly the erection of a second plant will doubtless be begun coon manager rood dil not visit the Is ail driver during bis visit here this week but states that a little first clasa ore is being hoisted daily and that the development work progresses nicely A carload of high grade ore tl e accumulation of six weeks was auton the market ting week tte tt e ontario mill started up again the fore of the week and under the able supervision of superintendent moffatt 13 running along in farat class shape the working force at the mine is still email but will gradually be increased mr hood visited the mine aad mill ft ednes day and expressed hioe elf as well pleas ed with the manner in which things are running manager byron II artwell of the east ontario went to the metropolis tours day to complete some relating to the patenting of the company s ground very little work has been done at this promising promie ing this year owing to tact that matters hae been rather un nettled no further work will be done until spring when everything will be in readi aiesi iesi for a campaign of active work the ground will have leen patented by ahat time and other arrangements for the property development completed the work already done bag exposed a quantity of mineral bearing rock and those in a position to know state that they see no reason eliy with development the operators should not find a big paying mine there it is hoped that a continuation of the great ontario ore bodies will be encountered and if tuch proves to be the CM a big thing la as ort SHIPMENTS daly west kearns keith ontario 36 american flag 63 total 2 silver king 1 grand total 4 shipments and quotations following are today to day a quotations on lead silver and park city mines on the salt lake cita mining J by courtesy of first national bank of this ity BID california comstock creole 35 daly 2 daly west 13 75 14 daly judge 4 40 4 60 keystone little bell 30 new york 2 2 ontario 1 3 4 50 silver king 48 63 valeo wabash |