Show U. U S. S SMELTING COS BIG CASH OUTLAY The group of or mines mine In Alaska upon which the United States State Smelting Refining and Mining company has hu taken option was at one time controlled through stock tock ownership by the California Nova Nevada a COI Copper per company now In bankruptcy which was succeeded by the Alaska Ebnor Eb- Eb ncr nor Gold Mining company compan Practically no development nt work ork of Importance Importance Im- Im ortance was accomplished on the Alaska claims duo due very largely It Is ii understood to o lack of sufficient tun funds e. e When the Alaska Gold Mines company was vas formed the he was so seriously tle tied up In litigation liti UtI- gation gallon that Its Requisition t could not have been considered at that time even en had tho thA ha new company fo so desired Arrangements were vere made several months ago whereby tho the United States Smelting company compan iva wa 86 1 to advance dent lont money to carf carry on some development develop- develop merit nent work In the hOP hopes of or picking up either Ither a continuation of ot the adjoining Juneau development e placed at consIder consIder- abl ably bly moro more than tons toni or ar locatIng locating ing ng the general gold ld Id bearing bolt belt of ot the tho distrIct This work has been undertaken through a tunnel which has been driven overal hundred feet The United States company it Is said laid has ms agreed to spend between and taking receivers' receivers certificates for tor money so advanced ad |