Show GOLD COiD DEVELOPMENT WILL ia RESUME WORK OR ORThis Tho This financial flurry of n a couple of or chck checked t the operations in iu n years ago aso nu number b r. r of oi the minin mining camps of th tho west Plans for extensive c develop merit work in f a number of the thc camps of Utah failed to materialize as 8 a ro- ro of the stringency in Jn the moM money market marker t. t s 's enc one of thc tho theod old tm time of oC the camps camps in tho southern portion porton state was given cn a setback and it has only ony b been J within the tho past summer that the capitalists capitalists' attention wn was waR again directed directed di di- to that mineral brn bearing section Jt a ft number of f prominent en engi engineers i. i er have ha e inspected the to th round ground in and around alf and md a as tho the reports have been favorable great activity in inthe in inthe the development of mines i is assured i of the tho properties that is to resume re ro- ro sum sume operations is 15 s he Gold Develop Develop- De ment mont This is the tho property in which the Dr Franklin was ns interested interested had and nd before his hi death he some JOle Pennsylvania people from his old Ii home ome Dr Homer C. C Bloom loom Dr J J. J F. F Lippincott Lip Lip- p I of Philadelphia Mr r. r Williams another and M. M I. I F. F Murray of Ephraim all al officers and stockholders in the Gold Development De compan of Marysvale Marysvale- were in Richfield Richfield Rich Rich- field last t says the Reaper on their return from a visit to tho the mining mi mi- mi Jin ning property at nt the Yale Vale and the they rth with tho were greatly pleased please prospect pros peets for f future turc wealth a as displayed Je at atthe atthe atthe the Franklin r and ond other tunnels The company compan has been somewhat handicapped in it Us is work ork by br bY a stringency in the financing of their Colorado Colordo prop prop- ries On Thursday night a tel telegram rm S. S received hero bore by the above officials which assures sr S the tho completion of ne negotiations o. o for financing the Colorado rado Co prop prop- This his places matters maters in a very wr pleasing pleas pleas- in ing irig condition as to the thc prop prop- erty rt The property adjoins the BradI Brad Brad- I bor burn where phenomenal values were 1 discovered last year The he Gold Development Devel Devel- company has the ore in quant 1 I ties tiC sufficient t to make it a bonanza for forth forth forthe th the owners ownen and all aU that is if necessary to turn the wealth is a little capital and the financing of oC the Colora Colorado o property brings this within reach It I has bas been estimated that wi will be necessary nf to expend in equipment equipment equipment equip equip- will wiil be for tho the ment mcl- mcl ns necessary reduction of the ores TJI The Tho company has available a power sites ies either cither on tho the Bullion Bumon or Cottonwood sides sides' of o the mountain Itis expected that fm an electric elec plant of 00 K W. W capacity will wi be installed Jed which will wi operate all tho to company's com corn par pany pany's s 's s equipment and nr leave power to tofI sell fI to other companies A mill ni with a capacity of tons a ada aday aday da day will H probably bo be installed The values nines in the ore do not run nm hi high h but there thore are arc large larse quantities of milling ore are which with a a. proper reduction process can n be made to produce much wealth irom from this thi property If a mi mill is built buit by br the Gold Development Dovel Devel company and this is js by br no means improbable an on aerial aeral tramway with wih a a. a capacity of f fifteen cen to twenty Ions tons an hour will in be he installed c. c A fifty fifty- stamp mill mi will wi be about the capacity for the thc reduction of oC the ores of tho compan company The rho nH ur ICe was given cn out out by these officials that since th completion of the financing of or the Colorado o property operations op at t arIS would be ro- ro Burned on n a TN very large e scale A A. gentleman named Maynard Inard was here last summer and at that time it was as expected that thaI bi big things thing would be bedone bedone bedone done at the Vale Yale Then followed a period period pe Tie- nod of financial difficulties for the Telluride Tel Tel- luride Colorado properties which put the plans plan of tho the company compan- for this see see- tec tion ton into eclipse elpe Now Xo tho the clouds have e 13 lifted and the company will wi make things s at the Vale in the tho near future M. M I. I F. F Murray ay te urn does doe not usually talk to the tle newspapers rs unless he is sure euro ro of his words Ho lie advised a Reaper scribe that work will wi resume resume at the Gold Do Do- property shortly and it will willbe wi be on a lar large e Male f All Al of ot which means meant the thc entering wedge for or a bi big campaign n of development develop elop ment meat in the lc region It I i is fair faiLS to assume that there will wi be bo other properties in the district whose owners will ill i take heart and aDd d do something if ono one company w will but take tho ini initiative atie Marysvale is iS coming corint into its is own and that shortly |