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Show I" : : FOR THIRTY BULLIONS Another Stupendous Com-I Com-I pany-Organized. I SENATOR LEWIS'S TRIUMPH j List, of Big Mines Passas the ' Examination, ' Pounder Leaves for tho East on Heels of the Expert To Issue' $0,-000,000 $0,-000,000 in Bonds. When Stale Senator A. B. Lewis flapped the train last night with New York as his destination ft was, with powerful Eastern alliances, to perfect an i amalgamation of mining Interests, a ' consolidation of mineral-bearing areas I in Utah and Nevada, ihat shall have as a capitalization no less than $20,000,000, co-operating with him some of the most prominent Jlgures In the realms of finance, The new company Is to be launched as the Monarch Mines and Smelting corporation, one-half the chares at which It shall be capitalized to be placed In the treasury, while debenture de-benture bonds in the sum of 56.O00.0CO drawing 5 par cent per annum and running run-ning for a period of twenty years will be made to provide the sinews with which to perfect the title to the company's com-pany's acquisitions, means with which to systematically develop them, and a fund for whatever and all equipments ' I'hall be required to derive the best re- suits from an empire of territory which has been liberally endowed with the metals of every variety. As a foundation founda-tion for the stupenduous undertaking Senator Lewis, who has been so energetic ener-getic in behalf of this State and southwestern south-western Nevada for several years, has acquired the Comet and Imperial groups out of Frisco and not distant from the ID Horn Silver, with Its f5.342.000 dividend I- record; the Royal company's domain I within which is embraced the Montreal I group and others of equal prominence; B " the possession of the Manhattan Mining company, Jutt over the line In Nevada,; f, ihe properties of the Ploche Con. Mining ,t company at Ploche, Nev,, and the mines of the Last Chance Mining company, that are nestled alongside the lcviathann of Bingham, and that have been most , productive 1n previous years. Indeed, un inventory reveals a bullion record from the various mines Included In the most extraordinary aggregation exeeed- " Ing $50,000,000, although the argonauts ' , , claim that the Ploche Con. alone has It been productive of a greater sum. In I addition to these mineral-bearing acqul- : ltlons- the Inventory of the amalgam j mated company's assets shows 10,000 acres of land within which has been un-! un-! earthed the best coking coal in the I State, while It Js not unlikely that the f ; holdings of the Majestic Mining com-I com-I 1 pany will be Included, this to be detcr- mined at an approaching conference in 1 the East. , ' Eor spvcral months Senator Lewis, I originator of the formidable project, has 1 been applying himself to It, and when It I uan finally spread before tho?e whose I t o-operatlon he sought the whole thing was referred to mining engineers, and ' the examination begun by them. This , , has been progressing for several weeks, i and when 11. N. DIckman of Chicago i4l completed his work and came In from i the various camps on Thursday It was ' lo confess zhat the Interests embraced , ' In the undertaking had been a revela-, revela-, tlon to him, jln arriving at his conclu sions Mr. DIckman raid that he had been materially aided by work which I I i.au Deen prosecuted under the direction of Col. William A. Faiish,. while Sena- I i tor 'Lewis was congratulated upon the I judgment exercised by him in the selec- I tlon, of the various interests, . i To perfect the organization of the new company Senator Lewis said on the eve ; of his departure that thirty days more r would probably be required by the com- i( pany to be organized under the laws of I Maine, the final meeting of the various .( Interests to br held at Portland In Feb- r ruary This accomplished active work 7 will be Inaugurated without delay on all , the properties and continued until the yx rour for equipment arrives. Certainly mining men throughout the State will. V congratulate Senator Lewis upon his ' 1 latest triumph, fi |