Show UTAH BIG LITTLE MINE Can Ship Tons Per Day With New Aerial Tram There is ia belief In some quarters that the renewed advance and activity in shares is the result of the sale of of 6 per cent bonds con convertible convertible into stock at par 5 per share says Ba s the Boston News Bureau It Is un understood that the action of the directors In selling these bonds at par without of offering fering same to stockholders on receiving open bids did not meet with the ap aD approval a of all the directors Since the sale at par the bonds have sold at and one bid of was made for tor the en entire entire entire tire block I IB B A Schirmer has sent in his resignation resignation resignation tion as a director of the company Arthur L Pearse of Pearse Kingston Browne the eminent London mining engineers who Is consulting engineer of the company was recently in Boston and stated to the Boston News Bureau that at present the company compan was a big little mine but that the property has exceptional opportunities to make one of the biggest mines In fn Utah It will take two or three years ears I however before the th property Is opened op ned nedon on a large scale He estimates that the company can ship tons of ore are per day which will net at least 10 per ton or 1000 per day dayas as soon Boon as the aerial tram is 15 running and he says that the company now has h s OOOO tons of ore which It can draw upon to meet this tonnage and that under the extensile ile development now planned d through five tunnels the reserves will be e added to very ery materially from this time on |