| Show I MINING AND OIL OrL 1 J The D an management of ef the Sioux miss mints In Intends to- to tends to Prospect at farther further depth tor for ore ere A new ass campaign of o work Is It mapped napped out oat to toe tobe tobe be e b handled from the 1700 teat level of f the tha theIron theIron Iron It Is II stated Finding of rich ore In the SItU May I. mine t t. t in the south end of the tb district dis dle- has bill caused caud considerable activity cUlt Inthe in ja inthe the adjoining properties tt U Is Ie reported from Eureka Leasers are getting some good ore from the Alaska and some rood good ore Is I. being balD followed in Ia the 7 foot S-foot level of the Molly holly Gibson Is I. between the tb Alaska and the the- Little May hay At Al Treasure Hill HilI In tn the lb same name section two sets It of leases lasses are at work The Th Eagle Blue Blu nell Hell and anti the Victoria mines will finish up this month with a S total of ot carloads of ot ore ere to their credit It Is 18 reported A large force fOft of men mn Is Ii being worked In those these properties Sod lid also the American Star all owned b by the same Interests and worked through the tho saute same shaft f e Samuel Mcintyre Jr will be In IQ charge ch of the Mammoth mine min and the Mammoth Supply Supply Sup Sup- ply company It ls Is' Is announced replacing placing Earl Mcintyre who Intend Intends to devote his hi attention O to privet private Interests n Including d fi nl I leasing operations In lh the Grand C. C Central and the Mammoth mines The Th Mammoth In Interests Interests In- In at are controlled b by the tb Samuel McIntyre Investment com company pan Complete reorganisation reorganization of the Jib Mining company wiping IP out U the he old company frt Indebtedness and a transfer ra of share for share of the tha old I Jib company Into t the newly organized I Jib Consolidated I g Mining r rt company r Is I. announced from San Francisco The n. n new corporation his 11 been ben Incorporated under the laws law of Delaware and Includes the lh Jib Mining company and adjoining properties the tb Hope Hop ope Jib Jill Malls Katie and Last Lut Chance groups group In Montana Sufficient treasury stock has hal been underwritten to provide and mill construction will be commenced corn COO In as a. soon oon as a. the New York organisation tion has hall been boen perfected The Tha stock will wilt be listed on the New York curb it Is I. stated Information concerning the th was Willi given b by Robert Hubert W. W president of the tho Waterhouse e Trust company Ltd The Jib Mining company was wae originally promoted In Salt Lake Loko by b John P. P Cowan and associates at a price of ot around aroun 1160 a share The stock had 1144 a rather turbulent career until recently when It has ha strength strength- ened With the th reorganizatIon reorganisation It Is II expected expect expect- ed ad that the stock BLock Will again demand a much higher price I NEW NW TOUt TOniC Feb Feb J Standard Stanard Standard Oil ot of New ew York today loday advanced the tank aSic wagon price of gasoline and naptha 1 cents in New York and New England The Tho Midwest Refining company completed one well in Salt Creek during durin the p pant pRAt st week e t that being Wyoming 0 Oil Oh Fields No cr tet J naf 13 the te the northwest l quarter of section 40 16 78 TI which was drilled In at 1 1265 B feet A production test set Is III now bilag run MI Mil 1 WRY way test No 2 Is II still standing at H 1 fe fet feet t. t where an effort Is Ie being belnA med made to tn pull pun the tb four end ant a 1 Inch half easing casing Crows Crowe well 11 No 3 2 In the Ketches field Is I. standing ce cemented ce- ce t at 27 feet NIber dome dom test tea In is running ten Inch ten ten-I th h casing at 1610 feet Two operations ar Dr nrC under way In the lh Baxter Basin fie field I both of which are active No X 1 on tho the northeast quarter of Motion 18 I. I drilling at It 1550 90 feet ft No 19 29 ou on the tho southeast t quarter of section 25 11 Is Js drilling at 1000 feet teet FEDERAL MINING Federal Mining and Smelting company reports report greatly Increased net earnings of for 1922 19 against for tor the preceding annual period alue of production tion gained from 7 tn to re reflecting tw- tw u higher rm lead had I and zinc rn as 3 welt i r i ns stabilised sliver quotations qUotAtion This year ear end capital balance raol of 01 sheet het which Oh c carries cash oo composes U working NET YORK Feb tl si United Stats States bonds at 1 p. p m. m 44 first 14 4 seconds 01 06 third fourth e Ii Us 0 uncalled 4 new 4 |
