Show i I S S FROST GBAND DEPOSIT I Equipment of tim MinesMessrs I Siegel Procure 60000 Option Richard S McCaffery the new manager man-ager or the Grand Deposit group of mines on Muncey creek White Pine county Nevada came In from the west I yesterday mornIng and after placing I I orders for a boiler a bolster and a compressor with which to operate power pow-er drills Of the property Manager IcCaffery says It Is a most promising I one and with a faro of miners brought by him from the Santa Fe companys property In New Mexico with which he was formerly identified sinking to I a depth of COO feet will begin at once i i The Purchasers of the company Include I such wellknown Easterners as Dr P I i de P Rlcketts J Seaver Page Joseph I E Gay and John StaiUon of New York I Boston and Providence and with ample am-ple means behind the undertaking some very vigorous work may be rolled on Already over 50000 tons oC selffluxing ore for which furnaces will be pro sided next spring has been blocked out whIle everything indicates that i this volume Will Increase as work progresses I gresses At Aurum twelve miles from the I Grand Deposit the Moasers Slegel of this city have prepared for the operation I opera-tion of their group of mines on a moire euorgetlc scale and to that end have S Just tied up the outstanding halfInter I I est for which they have obligated iheiuaelvQS to pay no lees than GOQOO I S and of which sum 510000 has already been ehollcd out However the management man-agement has been shipping ores that i yield over 100 ounces sliver with some gold per ton and 03 tho manganese In j S which these metals occur commands 0 ready market at the smelter a fine profit Is afforded notwithstanding tho I haul by wagon and the loading on the railway Mr Caffcry rcporla tho mann m < jot j preparing for considerable activity at Spiucemont the present season At S present bupplles building material etc are being forwarded to the mines so that the new management oC thy 1 S Grand Deposit Is not without a neighbor ti neigh-bor or two however distressing the distances 11 dis-tances between camps |