OCR Text |
Show ore bov lrtofore disrloclj in Boston CocsoLJittj tellers, boJ tj lave idi-ed, idi-ed, even vjtb tbe hr.itei Icv 'opn;er,t o Ur ittsJaeJ, tt lcst iJ,C Jio tb rajue cf tbe comrny' set. SWtb tt further. t; !oituon-work, tensed, t:e r'" toJ.y l fTpertel to ibow to ia' v ..;!otiJ ztect nd triEjf fort!) t'TfriJ t:r-- ti r'ocrt ef r.nejr tbovi menuoneJ ia tlj course of time. Things are to bum at the property of tbe Ohio Copper Co. at tinsham, since General Masager Tbomaa Veir ba returned re-turned from tb Eat wnb tbe foacciAl machinery. c.propUtly oUed, , ' Wtile away b concluded lb bcro-tiatione bcro-tiatione for tb capital wbicb acenj tbroqgb - the aI of the -company ' bonds, and iba bi development and equipment vrorJc wjil therefore progrea unhampered. " ., . . . Meantim tbi. prif cf tb atock ta adranced from $1.50 to $5 per abare, with adequate baaia eiieticg for a much higher pnee. - - , . At the Cactua mine of SajpueJ rw-Jjouse, rw-Jjouse, in Beater county, tbe mpet recent derplopmenta are exceedingly gratify, ioc, tbe erploitatios of tbe lower levels baring shown larger ore bodies end cf richer quality than- was obtained above, and bringing tbe Cactus into tbe high-grade class of mines instead-of the, low-grade which it baa been sup-" posed to be. As a result, however, of tb exposure of these high grades, tbe Cactus is not expected to ship crudt ore, but the' general .'average value el ths concentrates will be raised and -operation rendered more than ever profit-ble profit-ble ' - ', WjtU a new strike in the Carisa, in tbe Tintic district, and all other properties prop-erties therein looking splendidly, considering con-sidering that the Scottish Cbief at Park City has encountered a larg body of ore on the' seventh level, and I almost certain to find it bigger and richer. the eighth' level; and ia view of tb fact that every, miaa i tb Alt dip. trict is making record at enco-cred. itable to the mineral resources tbere- -r about, aa well as to. the maaajemsutSi tbe last' nine months is Utah- camps are remarkablr noteworthy or tb progress they bve witnessed. . To tbe records in these districts, fur thermore, must b added th developments develop-ments in tbe .great scope of bereuisas mnjng operations is tb Eingham tt' ' w hundred cf thousands of dollars have been, expended profitably for taking out million additional arar in tb next few yars. ?B0-fot level. d tr.tt ore cgrriM (2 in gold, 4 per cent copper and 10 ounces in silver Dimensions of the strike are as yet undetermined, bnt tber is Teasoa,fcr believing, that tbe raluabl resonrces ef the property are considerably angmsstcd by it. Tb Scottish Cbief strik is xceed-iBglr. xceed-iBglr. valuabl to that company,' ina-mucb ina-mucb as tb body of or is quits assuredly as-suredly to b of long-continued aid to tb payment of dividends. . Tb upwsrd. trend of tb stock this week on .tb ei-ehang ei-ehang is attributed to this streak of good fortun tbe company U enjoying, and Will Lawrence, who promoted this enterprise during the last two reara, ia pardonably feeliag very entbosiastie, as sr many of the local stockholders acquainted with tha. farorabl 6cottisb Chief Situation. , ..- . One ef th most significant of striker in .its bearing tspecially on tb foturs of Bingham ha been mad ia tbe Bos ton Consolidated territory during tb last five or six weeks. A crosscut has been driven through pew or body on tb fifty-foot level, ftbor th Ptabody tunnel level, which carrii 17 per cent copper, TbU bo-TTr bo-TTr was foind 00 fH ett of sbt |