OCR Text |
Show OHIO SPECULATION. Since the completion of the examination exam-ination of the Ohio Copper company's ground in Bingham by Capt. Duncan McVichie and Albert Franks, It Is the consensus of opinion that the property has been highly recommended and that there is a plan on foot to make the property one of the biggest mines in Bingham. Tha,t there has been no definite arrangement for changes in the household of this company Is borne out by statements given out at the local offices of the Ohio company, though it is true that there have been many nibblers at the counter for this ground, which is the key to some of the best territory In that great copper camp . While the engineers who conducted the examination of the ground at different dif-ferent times have all given the property proper-ty a flattering send-off. it has been known for some time that the present owners were anxious to develop the property on their own account Thus the mill has been added to from time to time until now the property is making ma-king in the neighborhood of 315.000 per month foe, Its shareholders, while It ts planned to add to the present equipment and develop the ground to a greater depth, where some better values will doubtless be obtained. It seems that the officials of the company have not decided upon the course to pursue in making extensive improvements, but it is presumed that there will be a bond Issue. This would give the Ohio ample means with which to carry on the development of a property prop-erty that is destined to become a copper cop-per producer of no mean proportions. |