Show MINES OF BEAVER Imperials Annual Meeting Developments Develop-ments in tho Sheep Rock The annual stockholders meeting of the Imperial Copper Mining company was held at Chicago last Saturday and at this mooting steps were taken that will place the Imperial in the front rank of Beaver county enterprises I was decided to add to the companys possessions the Comet and Massachusetts Massachus-etts groups owned by Senator A B Lewis and for the purpose of effecting heir acquirement the capital loclt was Increased from 5000000 to 6000000 These properties are both famous as producers of very rich copper ore and the ground is classed among the choicest of the copper belt The Comet adjoins the famous Cactus and the Massachusetts Mas-sachusetts Is just over the hill In Lober gulch Some of the ore from the latter property as awarded a medal at the Paris Exposition The Imperial tunnel which la being driven through Massachusetts Massa-chusetts territory Is new In nearly 000 feet and Is being sent ahead at a vapid rate and some Important disclosures are nnc Imjortant c1fdosures expected when It reaches the vein In the election o officers for the ensuing year A B Lewis was made president W H Alexander of Chicago vicepres ident C 31 Hanes Chicago secretary and treasurer the other directors being be-ing C J Caughey and J M Scott Superintendent W A Wilson of tho Sheep Rock came down from Salt Lake Sunday for the purpose of sizing up recent re-cent developments According to his statements the recent report of 3 big strike wao without foundation A small seam of very rich ore has been encountered en-countered In places but there Is not enough OL I to make n mine and the balance of the vein docs not carry sufficient suf-ficient values to be mined at a proiH Mr Wilson Is of the opinion that they have not yet attained sufficient depth to demonstrate the merits of the property prop-erty and he proposes to send the new shaft down to tho o level A contract for this work ICO feet was let to tho Thompson brothers At the 300 another an-other crosscut will be run to the vein and Mr Wilson hopes that at this depth some Improvement will be shown Beaver News United Bingham Shipments The management of the United Bingham came forward yesterday with another consignment of ore which was settled for on controls showhig 38 percent per-cent lead twentyfour ounces silver 35 per cent copper and 3 3 gold per ton with n line excess In Iron The ores are being derived from Rough Wrestler Wres-tler ground where eighteen Inches have been exposed on the tunnel level and In the wlnxe below The company from this Is acquiring the means with which to continue developments on the territory and with the class of ore marketed mar-keted during the day should begin piling up C respectable surplus Oro and Bullion In tho ore and bullion market the week opened on settlements amounting to S1SJOO McCornick Co reporting them as they follow American bullion 10200 gold bullion 7500 gold silver lead and copper ores 31200 In the metal market silver ruled at IS cents an ounce and lead at 350 per hundred pounds while casting copper cop-per moved up to 1 cento a pound |