Show I iRON ON BLOSSo BLOSSOM IS GETTING READY TO cONSTRUCT CONSTRUCT A r MILL Ll wh When n the sudden rise was a made In Il Iron Blossom shares tills a. a conui con- con ui lo amount o oC of Inquiry was vas made regarding g the cause A message from the Knight offices was to lo the effect that that there Inhere had ha been no material change in the development work work work-at at the toe property of recent recent re- re cent date dale The development work on the j level fifth level is progressing satisfactorily J and a raise is being made to connect I this with ith tho fourth level leyel where the cave was recently encountered This connection tion lion 13 has not been in thade but it il is anticipated antici antici- that it i will m sho show some good god re res results re- re s I as as tI th bottom of the cave exposed sonic sonic- lead leadore ore oro of a good shipping grade explanation for tho the advance in the price of Iron Blossom shares appears to tobe tobe be bc from the from the fa fact fet ct that t some buying or orders orders orders or- or ders were executed for a a. party part of men headed by prominent engineer en en- rho- rho bra a that made macic au an inspection of the tho property yest yesterday It I app appears ars that the then n n r- r caim claimed d that that the development w work orl l gave promise of or some extensive c ore deposits b bIn ln expo exposed d. d which would mat ma- ma t enna enhance the market valuation of the Uj shar shares and their earning arin power ower t Kb t c contract h has s be been beon m made mado with wih th International Smelting ng company according accord accord- in ing to the Knights Knight The fact tact is only fifty t tons ns of of- the ores are arc bein being th to the thc he Tooele plant daily daly as com corn pared with ith ath tons the amount mount prel previously pre- pre l shipped to the Murray plant of th the American Am Smelting and Refining compan The Murray y plant increased charge 60 a a. ton and nid the International nal company is treating it for tor 50 50 C cents cents- 1 tess than the advanced price set et I by the American mecan Even at t this there ther is 1 nb no in to to enter upon a regular r contract for forthe the l Knights ha have haxe c decided t to their own concentrating plant M at t tl th property They hc have havo considerable nd class ss ore which wilt will wI pay to treat at at th the ti mine nunc c I |