Show COMMENT ON THE MAJESTIC milford times the majestic copper mining smelting smelling Sm elting company which received such a serious setback through the errors and mismanagement of several years back is coming to the front row in a very substantial manner mr W B president and manager of the company under the new regime has paid off the last of the debts left by the former management and extricated the property from the hands of the receivers three months of development under the intelligent direction of mr B E F freudenthal Fruden thal the new superintendent who is guided by the conservative business methods of his superior has resulted in vast improvements in the physical condition of the properties for the first time in the history of the mines indications may be omitted in a write up of the properties and figur figures es given expressing extent of ore bodies theories upon which smelter railroads hoisting works boarding houses etc were built by the old management have proven sufficiently well founded to make the investment a safe one for the future but of very little practical use at present the 0 K would have disappointed all old time prophets had it not responded to development as it has but the predictions of that old war horse of the majestic company col henry altman and others has been fully met and the 0 K has exposed expose ct between the and levels a body of sulphite coper ore second only to the cactus mine and which is growing larger and richer with depth the old hickory is desponding to intelligent development equally as well as the 0 K and like the 0 K needs only to be opened up W with ith drifts and working chambers to be in shape to produce a large tonnage greater depth is of course necessary in both cases but that is being attained as rapidly as the limited means of the company will permit the harrington hickory with unknown quantities of ore at and beyond the face of its present workings is in shape to supply two hundred tons of ore per day for a period of six months as shown by recent measurements except for the small quantities of the higher grade ore which is being extracted and marketed to help pay running expenses this ore reserve will be held until the condition of the copper properties will justify starting up the smelter the harring ton hickory ores being a lead carbonate the vicksburg and hoosier boy are being exploited in a mild way and with excellent results the large bodies of gold bearing iron ore at the vicksburg is one of the very valuable assets of the company the present condition of the various properties prove that the building of the smelter railroad tracks etc was a safe investment although premature re and a few months at most ought to be sufficient to complete the preparations for supplying the requisite tons per day to keep the smelter running all in all the majestic copper mining and smelting smelling Sm elting company has a bright future before it and a great deal of satisfying history behind it and president Muc klows report which is now being prepared will be a very interesting document this year the I 1 annual meeting of the mammoth mining company was held in salt lake a few days ago and a new board of directors was elected as follows samuel mcintyre sr president and treasurer samuel mcintyre jr vice president R al wilkinson secretary A B sawyer A J cunningham F D clift and thomas jennings the receipts by the company for the fiscal year were for the same period the i company paid out in dividends |