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Show NEW HOUSE TO OPERATE . IN BULLFROG DISTRICT After M. M. Johnson had submitted the result of his' findings to his chief. Samuel Newhouse decided yesterday afternoon to take over the controlling Interest In the Peery Montgomery Mountain properties In the Bullfrog district, adjoining the celebrated Moi;t-gomery-Shoshone properties that were recently acquired by Charles M. Schwab. The amount of ( money Involved in the transaction is not given out, but this Is not to be taken into consideration with the Importance of having Mr. New-house New-house and his corps of expert engineers conduct the future operations on this promising territory. Mr. Johnson says that he feels confident confi-dent that a comparatively small amount of development work will .get the same great ledge matter that has been cut in the Montgomery-Shoshone properties, in' which it is said there is no leHS than 84,000.000 to 85.000,00.0 worth of the precious product blocked out. As soon as It was announced that Mr. Newhouse had decided to take hold of the proposition, preparations were begun be-gun for the development of the ground on an extensive scale. Mr. Johnson, who Is to have charge of the operations, will leave for the group within the next few days." D. H. Peery and his associates do not dispose of their entire holdings in this property, according to the terms of the deal Just consummated, but the New-house New-house contingent has absolute control of the operations lb the future. |