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Show CTED STATES CO. RAISES $4,000,000 TO FfflSE IffiiES BOSTON. Mass., Aug. 10 Tb fnltad tate melting Refining Mining company com-pany haa aoM to 1. Htgglnson A Co. ' am tastes of 4.0fl,eee per cent, three-. three-. year noteo. dated August 1. 1611. and maturing ma-turing IB 1114 These are to provide finds to pay a floating debt lurred In recent Months In acquisition of additional addi-tional properties They will pay offbank loan and leave the treasury In poseeeslon of considerable cash balance to b used for additional working capital .Pu rhaee of further property If It houM be . deatred. The new notes were offered for public subscription t 17 to show In In-com In-com return of 4 X per rent and have all been sold. Preeent market value of th respav7 stock IMU. I. 3 0.0--. or nln times th amount of the note whit net current assets alone are one and three-otiarters times the J"1" the note, after deducting all current liabilities lia-bilities Let year th. company "roeo balance equal to twelve time th an-SuaT an-SuaT Interest charge on the note, while for three yeare net annual profit have averaged fourteen lime th note Interest. Inter-est. The company ha agreed that no mortgsge will be placed upon He prop- erty nlthout equally oocurlng the notes. fnea the rntied states melting company com-pany Inaugurated th policy of purchasing purchas-ing mines. II has 'aken over two gold properties In the west. Before the completion com-pletion of the purchase of the OoM rtnad mine In Artsona It Is said to tanmM tTM.ee for th Rainbow mine In Oregon. This property is located In the Mormo basin oountry and le equipped with a thlrty-slamp mill. An option was Bret taken on the ground and the United Ktatee Smelting engineer fafed In rhars of operation, hew development work is reported to have been M jpleae-Ing jpleae-Ing that th company paid f'r th ground and I now .xtrerting 110,44 worth of gold ors ach month. . A number of the ITnlted "'aea Smelting Smelt-ing engineers are In the mineral bearing n-trtm of this country. Mexico and Canada looking for mining propertie. The com- Kny naa a number of good silver ana td producers In this country and Mex-Ico. Mex-Ico. and through A. P. Holden haa a large Internet In the Inspiration copper prop-ertlee. prop-ertlee. The company le prepared to take over more proper! lea where the ground hae been developed to the producing etag. T New Trk WHk Ooe Relay srttk ur new gunhra prreat wtre ser- direct with Chicago, we reach aS aaVwra market Instaatxy. s-aetet market survtos ! Lake hae ever had. OuiissiTlsar. mem be re ef all -Chans a. . . JAJiXS A. BOLLOCK k CO. . BANKSftS AND SROetgRS. I MJ-M Sevth Mam Strass, Salt1 take City. Utah. ajaMetansts hi Utak mining aad law gustrtal stocks. All listed eecnrttle carried oa hTs-eral hTs-eral marxoa |