Show CEDAR DEVELOPMENT I Samuel S. S Pon Pond ono one of tho largest cst shareholders of the Cedar Mining company tom com pany has just returned from an in in of this property in iu De Beaver ncr count county aud iUli speaks hi highly of If tho the pro progress rees ress being made in in dropping down the tho new shaft This development has bas reached reache n. n J. J depth and andas andas as 35 quickly as u a depth of COO GOO feet is reached a drift with will be bo Bent sent out to tap the oro ore body bocy This will give o i the tho com corn pany the distance between tho an and foot levels lo to add to its sloping territory territory ter ter- and anul while there hero will be bl no att at at- t tempt made at Rt production for or tho the present pres pm-es- ent it is probable that tho the ores will ill bo be blocked out and mado made read ready for fOT production pro pro pro- as as' as quickly as DS the market recovers I Ier er ers s its normal demand demantI for the tho precious metals metal At tho the tho coneIn conclusion ion of the tho opening up of this new territory the tho management ement mR may decide to continue its shaft to still I renter greater depths and nod at each foot level Ic a 0 station will be cut and u a drift sent out to the ore oro pro bodies Its ores orel are arc quite rich in silver lend Iced and nail copper and excepting for Cur the decline in in metal I prices price some comae 9 of the shareholders cl claim im that L the tho company would have havo been shipping regularly since tho the first consignment con con- 0 of ore was as started to the tuc lo local lo- lo cal cat market last summer Bummer A consi considerable tonnage 1 of or hi high h grade grale pro product han been ben forwarded from this thia thiamine mine lame fl since nrc it wt was 5 fir first t opened up 1 by In the lie present owners O The mone money rc realized from the sale solo of or those ul ores 1 has been paid out in new nt development de nt and equip quip quip- ment A sufficient surplus is still on im hand to tide tho time company over o tho the depressing times while u IL work working n force force- will ho bo employed at nt all alt times to keep tho the development work wc well 1 ahead ahall of the lie ore extraction No shipments will willbe be made mado for the tho present ont at least an and when the market becomes cs more morO more favorable favorable favor favor- abl able for time sale ale Io of If metals a splendid shipment record will wiH be ue rondo made by I this company compan whir which will be ho in J shape forthe for or ortho tho the payment of or rUy dividends en s at no distant date dale atc S |