Salt Lake Tribune | 1903-10-04 | Page 12 | Waiting on the Rail

i filJj 1ijJ WAiTING ON THE RAil i1 A I fJI i f f lrr Attitude of Boston Con and I il Cactus Twines Ijr Ipij I RETURN OF MR NEWHOUSE I 1llil Ploased With Condition of Various tji Var-ious Interests II p I IPII Beady to Begin Construction of SI elf el-f f111 I ter and Mill at the Nowhouse r Nines In the South fI 1 I I Ie It III I l The active marketing oC ores by the Boston Con of Binghnm nnd the active i J I t If I aulpment of the Ncwhouse mines out t tf 3 of Frisco arc conditions now entirely dependent on the activity with I which the railways shall effect Ir ri 1 their connection with the world nnd ij t I the furnaces without said Mr Sumuel i l I Ncwhousc president and managing director l di-rector of the former and owner of the I rl latter on his arrival from the East 1 during the afternoon To permit of the I I first the management has the assurance I I assur-ance of the Copper Belt railway that Itt It-t II 1 Is extending Its rails with the utmost t1 diligence while to expedite the latter r I Ii 11 the management of the San Pedro has promised Its Immediate cooperation 111 Connection with the bormnxa ut Ging I ham will enable the management to be k sln without delay the forwarding of a most liberal tonnage of copper gold and silverbearing ore to the furnaces I of a alley smelter pending the construction con-struction of an Independent plant by t the Boston Con a branch to the New house mines will enable their fortunate owner to begin their equipment with a mill and smelter Connection with i he latter ald Mr 1 Nowhouse will be followed without delay by the forwardIng J forward-Ing of material for the concentrator and smelter now that the water line Is being b be-ing rushed to completion and that he t will have these plants In operation next jcar he has no doubt With reports from both mines with I I which he was supplied during his absence ab-sence In the East Mr Ncwhouec was very much pleased At the Boston Con every shift has added to Itii wealth of I ore while the exploration ot the new lodge at the Cactus group at Newhouse I has been with results that partake of the sensation Indeed hii had the assurance as-surance of his field manager Mr John 1 EOn who had arrived from cimp during I I dur-ing the day that the crosHcut lind advanced ad-vanced over sixty feel Into the new ledge when lie left camp Conditions throughout the East are I dull said Mr Newhouse and until tho fevor of depression Mice the delirium of I excitement has run its course ho looks for no change Meanwhile time mines I are pouring their wealth Into the banks i and channels of commerce ns rarely If I ever before and while their securities I have been drawn into the vortex to I I date the damage to them has been less serious perhaps than to any other h lass Certainly In the opinion of Mr i XcwhouFe they must be the first to I rally with the unprecented volume of ore behind them lie has returned to his Bequiisterings on South Temple i street to remain Indefinitely and to I other pretty adornments will be added Ii the presence this month of Mrs New i house and her mother