Salt Lake Herald | 1908-04-02 | Page 8 | New York Mine Pays Its Way

NEW YORK MINE PAYS ITS WAY Production Will Now Supply the Means to Keep Up Development Approximately seventy dry dl tons of ot ore from the New York Bonanza com pan property pro pert at Park City will be on the market today toda It is expected to net the th company compan somewhere between ISOO and and J H Deming says sag the amount will pay pa the out outstanding outstanding outstanding standing obligations and leave a surplus of oC a few Cew hundred dollars Before the end of the tue week wiek about tons more will ill be down at the sampler and Manager M 31 1 J McGill is figuring on send sending ing out about a carload carland a week as long Ions longas as the present showing in the mine con continues continues continues April Is expected to end cud with all operating costs co COl ered and a further ad addition addition to the surplus made possible The Theore Theo Theoe ore oe o e now en route from Crom camp will wUl it Is believed carry arr better values than the tile tot hot ot now no in the market and no doubt is en entertained entertained entertained that future shipments will aver average average average age up well with the ore ate now being mined and shipped While mining is 15 going on in iii the shoots already encountered said Secretary De Dc Deming Deming ming drifting is being pushed with as much speed ai as possible In both directions direction through the tile ledge hedge Mineral is making In both faces at the tile present time and Man llan Manager Manager ager McGill believes that he lie is going to encounter new shoots of pay ore are very el soon It is a long lonu lon time since conditions In the mine were as as al they th thare are at the present and If it the tue work be being beIng beIng ing done in new grund gT und is as productive of at results as has been the of or the past few Cew months the New York will have hac easy sailing