| Show 10000000 CON TRAGI Agreement Between New house and A B RCo PRICE OF CACTUS 0RES EntIro Output to Go to tho Now Coppor Plant Conslructioiin of a Fifteen Hundred Ton Concentrator at Mines to 33e Proceeded With I I I I From the Cactus group of mines out of Frisco this State there will be forwarded for-warded to the furnaces of the American Smelting and Refining company ores of the value of 10000000 said Samuel Xewliouse owner of that copper gold ana silverbearing domain during me day This is the contrict into which we have entered and certainly there will be Ho l failure on the part of the Cactus Jn Hit details or the agreement between Tilt Xcwhousc and the smelting company com-pany it is provided that the delivery of nouns ores shall begin as soon ns the furnaces of the now copper plant projected l pro-jected by tho American and to bo reared at Murray are completed the work to that end to ha prosecuted with all the haste that money and skill I can I pioduce Further it Is provided in the contract that Mr l Xewliouse shall supply the furnaces with at least 100 tons daily of concentrates from the mill on which he will I dispatch t work and In I addition to this the entire output of highgrade ore from the properties To I comply with the piodueers part of the contract or time Mr Xewhouso will without delay perfect his plans for the concentrator which he says will 111I lIt l-It capacity for ilduclng at least 1500 tons of ore dolly with other units to i be added as the I under Inking may require re-quire While there is no stipulation in the t agrccinenL I bctwrcn him and the smelter company which denies him the right to at any time provide his properties proper-ties with independent furnaces said Mr I t Xewhotisc ceriainly that portion of the equipment which was originally projected by i him will be set aside for sevenil years at least and maybe forever for-ever AK an Individual contract It is the largest ever entered Into in this commonwealth although the Stale has many Individual propositions whose outputs out-puts have greatly exceeded those to which the Cactus Is pledged Mining Notes A telegram from Senator Lewis schedules sched-ules Ills return from tine East on Saturday Satur-day I I next I The ISnBlnoerIng Mining Journal of Xew York records sales of Daly of JLark City last week at JlJtO yer share SuporhiUiident V V Sherman of the I Ualy Vesi and Judge Miles at Park City left fo camp again yesterday morning M 1 I K Murray 1 of the Gold Development company eaes nor its goldbearing domain do-main In the t norm thnrn < country tonight n Superintendent K J Kaddalz of the lionerlne 1 was aiming those who came In Irom the diggings lo watch yesterdays election The winze of tlio Victor Con of Tlnllc continues dinpplng down III ore below the l fiOOfool level I saul Manager McCune during dur-ing the da George Moore who Is equipping Uu Con Mercur t mill I with 1 the I Moore i slimes process pro-cess was In from the big gold producer ugiln dining the day li I B Cool hasi returned from Califnr Jilo accompanied by Mrs Cook lie 1 reports re-ports having mot Mr and Mrs Joseph JDcderichs on the coast Charly Hrown and Fred T McCurrln left for lIe wouthern country last night to Inquire Into goldbearing properties that t hnvo been 1 acquired by them I the incline at the Scottish Chief of Park City inns now reached a depth of 120 fed nld Manager Lawrence yesterday the t next crosscut to the t Judge to bu around the SCOfoot station George RobertHon superintendent of tho ltil I Ic companys Interest at Mam Mulli came In to confer with George II Hoblnson the companys general manager mana-ger dining the day Mr and Mrs J K 1 Ryan of Salt Lake Cly slopped a few days last week at the Occidental 1 hotel San Francisco en route to Chicago Mr Jtyan is extensively Interested In-terested in mllllngIhlillg i < c Englnccr ing lit1 view The Cnrlsa of Tintlc yosierdny t received a check for a lot of ore marketed on controls con-trols that showed 31 1 per cent copper Tho I ooiiHlxnmonl camn from tIne wlnc below I the No 1 level and was broken said Manager Man-ager Joseph as It came The XewpnrlNevnda company of Fay Nv liavo made arrangements with tho Sliawmut fs Nevada company whcroby they 1 arc lo recelvo all I the wasto water from tint Horseshoe I tank on the summit Which will be 1 used I I to operate the Home slake mill This means a great I deal < for the Homestake property Hlutullno Oracle Ora-cle |
