Show INCREASED ITS CAPITAL Arnett Creek Gold Mining Milling Company IMnUiiis Improvements By a vote of the stockholders the capital stock of the Arnett Creek Gold Mining and Milling company has been increased from 100000 to 150000 and the number of shares in the same ratio This will give the company 50000 Shares of treasury stock which are to be sold as the requirements demand in the development and working of the properties The incorporators and stockholders of the company are all Salt Lake people although the mines are located in Lem hi county Idaho near Salmon City These properties are among the rich est in the state and the company has already contracted for a mill which is to be used in full operation by the middle of JunK The machinery has been on the road for two months but on account of the snow the teams have been unable to break through to the site selected for the mill and a lengthy delay has been the result The improvements im-provements will cost in the neighborhood neighbor-hood of 15000 and be only a starter for the company At the present time the width of the ore body is unknown as the miners have found but one wall The rock averages 35 a ton in free milling gold and some of it has been fabuousjy rich in the precious metal The capacity of the mill will b ten stamps This is an important move on the part of the stockholders of the company and will result in great good to this city wl the reason that all of the earnings will find their way here |