Show THE BOSTON consolidated the boston mass samuel newhouse president of the boston consolidated company was in boston yesterday he says the development of the boston consolidated is nothing more or less than phenomenal during the last sixty days especially in the sulphide portion of the mine the latest body of ore encountered which our manager has seen fit to call the newhouse has been proved to contain the greatest number of tons of high grade ore ever encountered in bingham canyon and it is still growing larger 1 I believe that this ore body when fully developed will contain over tons ton s of ore and as to values the low values are not under 5 per cent copper and the ore generally runs from 8 per cent to 20 per cent besides a higher average in gold than is contained in any ore previously encountered by us in our porphyry ore the stripping is going on continuously with two steam shovels and we are removing tons of material per day A few days ago we encountered our first ore with the steam shovels and there now lies bare an immense tonnage of ore ready for the mills the average of which is 2 4 loth copper if not interfered with by labor conditions or disappointments from those who are supplying the machinery for our new mill at garfield we should have our mill fully equipped and in running order by midsummer and directly thereafter we should be earning sufficient money so that a dividend of 6 per share should be earned for the first year after we have started mr newhouse when asked about the cactus mines owned by the newhouse mines smelters shelters Sm elters stated that within four months the mill would be enlarged sufficiently to treat a product of 1600 tons per day he also volunteered the information that the assay sheets from the in the mine show about 50 assays essays which will average from 2 34 per cent to 3 per cent copper mr newhouse is also president of the kin king 1 I edward mines of cobalt of which he says our engineer M M johnson who more than anyone else is responsible for the d development of the utah consolidated boston consolidated and cactus mines has just returned from the king edward property having been sent there officially to make an examination of the property he has made a very favorable report which he is now writing and it will be sent to the directors for distribution among the shareholders he reports five feet of ore in one shaft running nearly ounces silver per ton and fourteen inches of ore going over ounces of silver to the ton he has other information of a most encouraging nature which will be covered in his report mr johnson visited the property although he did not make an examination and he speaks very favorably regarding ngit it |