OCR Text |
Show First Payment. We published some time ago the facts of an agreement agree-ment between Messrs. Sevenoaks, Holcomb .t Co. and the Miller Mining Co., by which the former agreed to purchase for two years from the first of this month, all the ore which should be taken from the Miller lode, in the American Fork district, not to exeeed one hundred tons a day, paying $30 a ton for all which assayed $110 a ton. 1'esterday the first payment was made by Sevenoaks, Holcomb & Co., of: 3,000. Two hundred tons of the ore have been sold to Col. D. E. Buel.who starts for American Fork to-day, and will ship it with perhaps more, to the Little Cottonwood smelting works. The machinery for the smelter of Messrs. Sevenoaks, Holcomb & Co. is on the ground at American Fork, and the contract is to be completed for the furnace, which is to be put up immediately. |