Show NEW NEWYORK YORK cogs COS ASSESSMENT Levy of three Cents a Share or Is Made by Directors I PLAN NEW DEVELOPMENT MAIN SOURCE OF MINES ORE NOT YET REVEALED The New Oe York Bonanza Mining com corn company compan puny pany pan sold tons of or ore for tor 1 J on Monday night and Monday night levied an assessment of ot 3 1 cents a share on the capital stock of or the Ule corporation which will provide more and place tho the company com pan In Jn good shape for tor some orno time timeto timeto to come particularly as some good ore ores 18 s being extracted all alt the time When seen yesterday esterday Manager M J J McGill stated frankly frankl that he had plans in view for tor the development of ot the prop property property erty ert that ought to bring most substantial substantial results but he was waif not In a position bon tion to f say ay n what they were nor whether he lie would IK h able to carry carr them th out That tile the assessment has lias ha been levied with an object in vi view w other than the regular routine development of or the ground on un present lines hues seems altogether evident from the managements statement The work already done in the property is HI s considered as having haing demonstrated be ond question that great bodies of rich Iff re rc art are hurled buried somewhere in that vicin it t They Ihl may ma lie deeper and it may ms l hr f possible ie to get at Itt them from the pies pres s eat working but whatever the scheme of it the management mana is Mr Ir McGill stated ims ti I was not the tilt time to talk about it thE rr was nothing to say sa |