OCR Text |
Show CHIEF CONSOLIDATED IS ITO PRIDE Every Resident of District Interested In-terested in Developments Under Way. Information from Eureka Is lo the effect ef-fect that the residents of tho Tintlc district dis-trict aro very highly elated over the manner man-ner In which tho Chief Consolidated properly is opening up under the management man-agement of Walter Fitch, and with the treatment being rocolvod at his hands In connection with tho affairs of the Eureka City Mining company. Sonio months ago Mr. Flloh paid Into the treasury al Eureka Eure-ka $10,000 for the privilege of mining under un-der tho townslto. and tho Chief Con. company al&o offered the shareholders In the Eureka City Mining company the privilege of exchanging their shares in this corporation for shares In the Chief Con., on tho basis of ono share of Chief for five shares of Eureka City. Manv of tho stockholders In the latter company com-pany look advantage of the opportunity, and as a result they are gelling for thler land, while still holding It, more than the surface rlghta aro worth. Tho advanco In the price of the stock of tho Chief Con. company, following the encouraging news from the mlno, has naturally been a source of much gratlll-catlon gratlll-catlon to those Interested, and tho mining fraternity and public generally In Tintlc district, are enthusiastic In their praise of Manager Fitch and what he is doing for them and the "game." The average values of the Chief Consolidated Con-solidated ores Is said to be holding up remarkably well, and In view of the vigorous vig-orous and systematic, campaign of development de-velopment work Inaugurated by tho management, man-agement, and the results which have so tar attended these operations. It Is predicted pre-dicted that nearly every Inhabitant or the city of Eureka will one of these davs be wealthy. |