Show J Business Barometer I It Is reported from Eureka Eureka that a body of high grade ore 27 7 7 by 22 feet has been opened at a depth of about feet teet In the Eureka Eureka-Croesus mine S S C CAn An assay of ot ore encountered In the the- American Consolidated mine In American Amen Ameri can Fork canyon gives give the following values Gold 42 ounce silver sliver ounces lead per cent and copper per cent Figured conservatively these values would mean approximately i SO per ton ore according to Manager Hemphill S C C Satisfactory progress is being made In Inthe inthe the lie work of installing the new compressor i and other equipment at the Howell mine situated In the south fork of ot the Big Cottonwood Cotton canyon states T. T L. L Walden manager The new plant Is now being connected with the tho power line and should b fc ready to operate within ten days A horsepower 35 motor has recently been acquired by the North Standard Mining Mi MI- fling ning company a and d arrived at the property p n na early fy cr this week et T This le new e motor t with witha a a. foot 1000 capacity will give double the lifting lilting power of the old motor and at any anytime time a cage now can be installed it is 15 said The new equipment consisting of compressor compressor com com- and oil burning engine for the Black Metals mine mine has arrived at tand and will wl be shipped to the mine today J according to a telegram received from George V. W. Snyder manager Shipments are going forward regularly from the mine and development work is meeting with satisfactory conditions I it it is said United States Steel earnings after taxes for tor quarter ended June 30 of Ik equal to 2 29 a share on common against In previous quarter of oC In June quarter of oC last year t Standard OH Oil Company of California has B r declared a regular quarterly dividend of payable September 15 to stock of ot record August 15 |