Show B R 11 UTER 13 DAY AY S FORKING GUN CONE Spiro P End of Assessments I I IThe annual report for tor for 1923 Issued by President The Solon Spiro to the d- d of the silver King Consolidated Mm- Mm ln- ln er intimates that vigorous development do- do Ing company are to be Inaugurated inaugurated without the rated which required in the past chieflY to e outstanding note President labite Spiro states sUte that sev several ral proposes propositions havo have been submitted the to the present that but up compan compan time Ime only one ono has ha appeared satisfactory I n m n every respect and he holds out hope that In the near near future this Arrangement arrangement arrangement Arrange- Arrange ment will willbe be consummated and the te operation op- op wi T of ot the Silver King Consolidated property be on a larger scale I Ha Ito does not state as to who has made this 10 offer but it is understood that ItIs ItIs It Itis is thi the American I Smelting and R Refining Reining Officials of this company stated company some Bore tims tm a ago asro o that the tho company's and geologists were vere examining engineers the property with a view Of advancing wih a money to te the company compan and taking over the management It I Is 15 no doubt this that President Spiro refers to in his report re report reI re- re I pO port to stockholders I The lt most g cI Important g t development work i of the tho e t the Spiro I year afu tunnel occurred level In to o t the the tho er raise Comstock from fraYs t c workings where a favorable formation has been encountered and of officials Ucla Is hope I I that bedded deposits of valuable ore will wi be exposed when the raise raie is It com corn 1 |