Show rUNS FOR OVERLAND t I 1 Mill to Be Increased to Tons Capacity GREAT PLANT ASSURED COMPANY WORTH OP OF BONDS BONDS Mine Hine I Is to Be Be J on a More teLve Scale Cost of Product Has lIas Be hen n Reduced to Per Pec Ton New Mammoth Af Affairs Affairs Affairs fairs v Before many weeks the Overland mine in h the Sunshine end of ot the Ute gold camp will be th the scene icene of o more activity than at any time Ume in its his history history history tory There te 1 to be a general revival there and the mine is to be put on a solid substantial working leIs h The Theton ton cyanide plant is i 1 to to be Increased to tc a daily capacity of St O tons toils conse conee consequently consequently the mine is to be operated on ona ona ona a much larger scale than has been pos poe possible sible ibie heretofore The transformation te is to begin beIn at ato o once and aDd the work is to be prosecuted under the Ute personal direction of or Mana Wan Manager Manager ger G A Duncan At a meeting of ot the board of oC direct directors direCtors ors of oC the Overland company heM held Wed Ved Wednesday Wednesday afternoon an understanding was arrived ai al a by which bonds to ta the amount of are to tp be issued oed and andare andar andare are ar to be taken up by Mills MiUs Blanch Blauch I ard rd the Boston Heston bankers Denman Deuman B the junior member of the I j firm h hs 3 been in city for fOT the past peet ten days das looking after the firms Utah mining interests and arranging the de details details I tails in connection onn tion with the financing I of the project The rhe deal was fixed up et and Mr Blanchard Bianchard Blanch d made the announcement at the Knuts Knuta Knutsford Knutsford ford hotel last night that it had ad d been ben concluded and ard that nothing stands in inthe inthe the wa of pushing work along at a avery avery avery very vigorous rate raie The money has has been provided provid d for and all that now re remains mains malna to be done is to execute the plans plaits pi aM laid out Mr Duncan said aid last evening that he could make mak no Si no promises as to when the I new mill mm would be completed and all allbe lie be could say tSay was that he intended to tonet I net get et at it and finish it up U as rapidly as an possible While hile this work is in pro progress progress gress grese a large la e force of men rn n will be em employed employed in the mine in sinking inking the double compartment incline shaft from the level down to the tas level to get et at the large body of ore measure lug ins in fourteen feet teet l I tween walls on the Ute I level The shaft ehatt isto be arranged with skips The very lat latest latest I Ie est e t machinery is to be used u d in the oper operation operation of both the mine and mill miU A Aw Bew Ww complement of air compressors cor will wilt be one feature of the equipment to be ad added addad ded dad which will furnish power sufficient to operate ten machine drills drill The crushing capacity of the mill milt will wUl be I above the average aV rag for or plants of or the same size idze ize Mr Duncan contends that I it is far better to have the facilities for such purposes s too large targe than thea not large laIge I enough h te handle the volume of ores oses sufficient to keep kep the leaching tanks tank tani constantly filled fille Every part of the new flew plant will wilt be he strictly I and will work automatically so far fai ra as the aim being to keep the oper operating operating i expenses down to a minimum Up Fp to about a year min mine was e puzzle to a good many It seemed that no one on placed in charge of the mine before that time was able to I save fave anything like the full values nor keep the cost of extraction down to what it ought to be Last May the he management of the property was turned over or to Mr Dun Duncan Duncan Duncan can He at once began a series eerie of tests teats keeping the mill in operation He kept up UJ this work until the last of October when he be made a as 8 to how to the mine could be successfully operated I When he took charge of the property J I Ithe the mill mIU was handling an aD output of bout about 1900 1100 tons per p r month at a 8 cost coat of or nearly 3 per ton for the mining and milling Each month he continued his series of tests the results were more gratify gratifying Inn ing in and in October he be crowded tons of ore through the present nHi at ata ata ata a cost Mt for or r mining and milling of per Ir ton Mr Duncan proved to the perfect sat nat satisfaction t of those interested lied in the mine that the ores found there were especial especially ly y adapted to treatment by the I process pro esa He lie also alo showed hoed conclusively I in the series aeries of tests made that the ex IX extraction o traction of gold could be made almost perfect with a high saving of values Mr Blanchard said last lut night that the Overland was considered no longer longera as a an experiment that stage has been beere passed he said mid and it was WS only after aft the excellent showing made with ith the property after spending several everal months in sampling the mine thoroughly and nd I finding out the best het bp t and cheapest t meth method method I Iod od of extraction that it was wa decided to i infuse new life into the project by the expenditure jf It f 1 l OOOO Mr Duncan Dunean will leave for the mine i this thie thi morn mornin in to start up development york vork ork Plan Pans fur fr r the new mill will be drawn at t nee nce and as soon as they are j h will wiil pall call all tot for estimates OR ot material and machinery With the plant pla t operating at a capacity of tons per perlay perlay lay day he expects expect to reduce the cost coet of or production on considerably under per I ton tn i iSalt ISalt Salt Lake and anet people and es en especially those tho e Hying at Sunshine will rejoice in itt the turning over oer to be made at the Overland LAW FOB Felt o CAPE NOME Resume Reaume of the Measure Which Will Pins Peas Congress Every Evry day witnesses es a growth of the Cape ape Nome fever and several different parties are now reported to be organ organizing organizing izing for a trip to the diggins as aa soon as navigation Uon opens Mining attorneys I are betas being daily questioned regarding the provisions of the bill Introduced In I Icon congress con congre on the of or met last month manth by I Representative Lacey which is de designed desi designed signed si ned to provide a system of ot laws Jaws 1 governing i li cr T locations na along the seashore Tiu Th measure in i question was referred to the committee on public lands Linde tweet been h reported favorably to ta the tre hou hous and in the opinion of at attorneys tornes in m this city will be pawed passed sub substantially as 01 introduced within the next few days As this act will vill go into effect direct directly ly after fter its it passage pHa e it will govern operations this season seaon and on an that ac account account I count its It salient features are of or im to all alt intending to go 30 north this spring According to the provision of or the thea thead a ad act t locations beat i must be made in person the locator I or locators to ta l he e on the tile ground when the location is made Where the location is made by a cor fOr corporation corporation it must be made ty ly a duly authorized agent who as such agent mutt must mu t be p in person on the rr gr und when the location II is made Th The 1 Matton tt Ol notice n tie must mu t be filed for record n the pm of nf f the rhe United States Staten stir Bur surveyor general for fr Alaska within sixty days and a filing fee of or it 1 i must most be paid fr for each claim daim A roadway sixty feet wide parallel to the shore line is pro provided provided provided vided for and und each location may ex ax extend extend tend m said aid road l anti and at right angles ange with tt it t fn Into o the water a dis distance distance distance tance equivalent elt 1 to the water line at atlow atlow atlOW low tid the width of the claim laim to be forty feet foft No Nn o individual or association tion of or individuals are allowed to t to lo Io locate cate ate more than five claims though th the locator or l I la x a tors may file a relin with the surveyor general and be he permitted l t locate at some Other f i t tIn In n a survey a corner of or a j laim mil h ho hA with R It States States mineral monument man um ent and the con connecting fleeting line must not be more than one in length The title granted win will be in the na nature nature ture of Un n a miners right only and nd terminates under certain conditions f An expenditure of i is all aU that is required to secure the miners right i instead of the OO required to patent a placer claim and in lieu of the pay payment payment ment of per acre as required in patenting a placer mining claim 5 S for each is all that is required red as final I payment for the miners right I Subject to certain Certa in limitations an easement for mineral mineraI working may be betaken betaken betaken taken in the soil beneath bee th said waters I below bei w low water wark and as an far out as the jurisdiction of the United States extends and must be b taken and re recorded recorded recorded corded with reference to visible monuments monuments ments meats on the shore Other provisions relate to right of ot otway way through claims facilities ties commerce navigation etc and the secretary of the Interior is directed to provide rules and regulations for Cor forthe Corthe forthe the enforcement of the act ACL The new law wilt will do away with all present methods prevailing in the Cape Nome district and the hogging begging of or immense h ense tracts of or r beach land by proxy will be impossible impo The opinion is generally expressed e eed by attorneys familiar with the measure that it is a very equitable and just one and if the country is t as rich as claim claimed claImed ed it will wilt be the means of 01 giving lots lotsof lotsof lotsof of people a chance who would w ld other be frozen out NEW w MAMMOTHS AFFAIRS Eastern Stockholders Willing to Do Anything to Straighten Them C O 0 Whittemore wh who has hag just re returned returned returned turned from the east was asked yes yesterday yesterday yesterday what he had accomplished with respect to interesting the eastern stockholders of the New Mammoth in some plan to reduce the company in Indebtedness and again 31 get the tM mine inAne and ad admill mill in operation He replied that he had met a number of or those interested but ut beyond learn learning learnIng learning ing that they were willing to enter into most moet any kind of scheme s heme eme to again aln set the organization on tta feet he had sad done but little The trouble is Mr Whittemore said the local stockholders t have hav been tardy in devising a plan of procedure procedure ure among themselves If they could agree on what was best befit to be done the eastern contingent would not be long 10 f in joining joh hands bands with them Not hay hav hayIng log Ins authority to lay any settled nettled plan pt n before them all I could do was to get their opinions I believe they would gladly pay their proportion of an aa as ae assessment I ses to ta discharge di harge the indebtedness Indebted and if It that plan is 18 not adopted I be believe behove hove lieve some ome of them will be on hand haud to bid the property In It if a foreclosure aale nab I e has hu to be resorted to 10 Mr Whittemore nays My Utah Uth and Utah mines are aie still stilt subjects of of general ment meat and inquiry in all the investing inverting Ung centers and he has teo but bet what another year of large investment in our mines mince will be recorded The financial collapse coll e of ot some of the heavy United States holders has not hi In the least leut af affected f the high standing of Utah min mining minIng mm ing lag securities In fact it has bas had tie the t e effect of greatly stimulating Inquiry and now that the reorganisation of cC 0 the United States company on a sound financial basis badis is practically IlY assured he looks for a speedy to ta the lively times of oC a year ago ROAD TO DEEP CREEK GREEK Evidence That That the Short line ti e Is Isi in inthe inthe the Field Anton Hartman ohms came iti lh from the property in which he M Is interested in Death Deeth canyon Ericson district yes yesterday yesterday bringing with him him some splendid splendid did looking specimens of ore His ground adjoins that of the Entente and aM a 8 force of men are are steadily at work developing the strong strang ledge which traverses traversed the ground Mr Hartman Butman brings additional ad advices advices vices of or the movements of oC the H H Green party of oC Oregon Short Line rep representatives representatives re who are now scouring the Deep Creek C k country in search of oC min mining mm lug ing i property and presumably at t the same time investigating the feasibility and desirability of extending the Short Line road into that great ing log section The party ty he reports was examining into the merits of oC the Eric Ericson Ericson Ericson son district and after leaving there they the started west for Dugway It was the action at Indian Springs that led Mr Hartman to believe that the extension of the railroad was con contemplated contemplated for on reaching that point the springs spring were located a cabin was was built and a man was wa left in charge to protect the appropriation of that thatter water ter right rl ht As the Indian springs springe are located at a point near which the old Rio Grande Grands Western survey runs and andin andIn andIn in a section that any road which might be built would have to run to pene penetrate penetrate penetrate or skirt the mineral districts it looks very much ao an though the story which cane ca e from Fish Flah Springs regard regarding regarding ing lag the operations of oC the Green party was wag substantially correct and it looks ad at though the railroad connection with Deep Creek would soon Boon become a reality THE SRA T MILL L Estimates for Material and Equip Equipment Equipment ment mont to Be Called For General Manager W B Andrew has hae returned from his trip and an reports everything moving along antis satis satisfactory U factory at the Shawmut mine The plans for the new mill have bay been com oom completed and within a few days Mr Jr Andrew expects to advertise for eat estt estimates mates on the material and equipment for the new plant The bids will be forwarded to the Boston directors as soon as they t ey are ar arree received ree ved who will pass paM pa on cit them before being finally accepted by Mr r Andrew AndrewA A MAMMOTH DIVIDEND Likely to Be Posted by March 1 Plan for the Future It is In probable that the directors of the Mammoth Mining company will not wait alt until the regular meeting M day next month to post a dividend A well posted mining man expressed the opinion opinIon ion Ian yesterday e and he says he lie has per perfectly perfectly good reasons rea onH for doing so 80 that the board of directors will meet about the 1st of the coming month and aDd post poet posta poeta a dividend of at 5 cents a g share with a probability that it will wUl be more than that amount Mammoth dividends dividend have not been very regular in but during the last year ear the mine has made a fine record Notwithstanding all alt that the stock has n ver settled wa to a sub nub substantial basis Investors have felt that they coull not rely on Mammoth for tor fora tora a permanent Investment as they can canon on Silver King or Swansea or such stocks that pay a fixed amount every month montha ao all a regularly as clockwork It has been the policy of the last named companies that whenever an accumulation in the treasury becomes unusually large to disburse it in the shape of ot an extra dividend has followed out the same |