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Show Rumored Steel King Desires Portion of That Famous Utah Camp. I !S JOINING EFFORTS ; WITH PETER HAACK 1 .New Stockton and Honerine r Mentioned as Basis of Big Merger. wTlierc is hardly another Utah mining &.mp at the present tlmo as much con-fl con-fl Jdered as Stockton, and local circles arc i.?t awakening- to tho real conditions cx-Ctlng cx-Ctlng there after Investors from other 5jajes have becomo attracted by the mag-iriflccnt mag-iriflccnt showings of tho properties within Cliat particular zone! Of late Peter Hauck Ijjis been instrumental in arousing nioro genuine cnthulasm over Stockton than ijiy other man, and arrivals from that ftnip are full of rumors and facts that are not generally realized or appreciated that city. fl Overflowing- With Experts. TC Is known that the camp has bceji Jfcljcd almost to the brim recently with ex-Vjuris, ex-Vjuris, three very powerful interests in ,hilnlug world figuring prominently on vthe standards of these Insatiable seekers Jjfter good propositions. Next to the ac-,1'vHy ac-,1'vHy so noticeable on the Honerine, that on the property of the New Stockton com-; com-; .nS' has been very marked. In less than 1 two -weeks, it is said, at least live ex-ti ex-ti t rfc, represcntlne; three large, separato tint crests, have, been polng through this Jurofierty with a critical eye. Several pro-Jposvd pro-Jposvd options on the part of strong peo-4ide,- it js claimed, have been refused by jihe company." These facts, howevor, t. hije generally rumored, could not be ' erlled by application to the local man-; man-; gem'ent "MonGay. ! Pter Haack Starts Ball Rolling. I Peter Knack's activity naturally has triven- life to innumerable conclusions on 'the part of the observing public. His Ji-aiis, w 1 1 11 3 unannounced, arc gauged :ic-.cording :ic-.cording to the scope of his activity, and nuch .speculation Is being indulged In rc-.u-ilfnK the interests that arc acting in icnncqrt with him While he Is a man of ?tron (Inanclal standing, it is not doubt-Vd doubt-Vd that he has some extremely powerful J'tuxlllary. force behind him. J Schwab- Wants In, Say Reports. Events of-the past few weeks have Ji.ra.wn many to the conclusion that .Charles M. Schwab has turned his gaze Stockton-way, and that In case all tho present plans mature It will be found that JSchwab and Haack arc pulling in double Jirrness. The friendship of long standing between iheso two gentlemen, and ihe J'acts (hat on his recent Western tour jSthwab had n conference with Hnnck In ,Los Angeles, and the latter Joining the Schwab pa.rty from Los Angeles to San 'Francisco, all combine to lead knowing ii!ics to the conclusion that these two capitalists are paving the way for a large Stockton consolidation. May Secure New Stockton. These facts, coupled with the known activity of experts in the New Stockton, hi.vo given rise to tlir opinion thai this rompany will lo added to the Honerine In case the present owners can bo induced to part with their interests. These two liopertlcs would make an Ideal merger basis, the recent developments on both being truly gratifying. Physically, both arc in excellent condition. Mine Will Go Deep. Last Friday the winze from tho 700-foot 700-foot level and the raise from the SuO-foot level were connected, thus providing the necessary quantity urid quality of air for Oie lower workings of the New Stockton mine Both thsse workings have been run through ore without Interruption, and the management Is now In a position for stop-lug stop-lug tho ore with a most vigorous and suc-ccssful suc-ccssful hand. This, however, will not be dcr.e at the present tlmo, as it Is consld-rred consld-rred the oolicy of the company to continue sinking until the 1000-foot level Is reached, a programme that has been started upon in a vigorous fashion. Pive, Points All In Ore. West of the shaft there are live different workings on the property, the faces of rll belnG In oro, rnd the two extreme rA Jnts being about 150 feet apart. Last Snt-urday Snt-urday a car of concentrates closelv fol-Jnwed fol-Jnwed upon the trail of a car of crude. iYq from the New Stockton, and it is con-Fidercd con-Fidercd by those familiar with the prop-(tty prop-(tty that shipments wMI continue un-litokcn un-litokcn from now on. |