Show M T I b N 1 T I FP N Ii 1 G 1 News Nes the Camps From and andon All AI g S T f O. O K C-K- 4 7 5 With Prices the Flashed e Laes M A R K E Y-j Y II I A J From om Leading JWJ tt I j. j j L Quotations on LJ u UV flY AND SUCCESS MINE AR ARE READY TO DEVELOP lust pr pre previous riou ous to th the departure of Senator Sea Sen ator t r Thomas Kearns bud bucl David Kith Keith for f l' l New York Thursday the directors of ot the McDonald Ely were ere called calleJ t to gether and some important business at- at t ended d to David Keith a asked ked to be relieved 1 of tho the presidency of the corn com Tany and recommended that the company torn com pany elect alert a more moro active 0 man loan to at attend tend tendo ito ito- lo- lo o the tho executive affairs of if f the cornS com corn S S T D. D C. C McDonald as was decided S as M Mr f. f Keith's Keiths successor and he heat at the tho same sam time be general mann man man- n df Of the company S While in in the UIG east 1 Kearns and andr r Keith will complete arrangements arran for fortHe 4 tHe starting up tip o of ork work at this Ely Iy property It is understood that some Wood blood 1 is to be he interested in the tho S company and that arrangements have ha eted to take over the interest c. c som of the Jar large e shareholders who e not not- been disposed to continue ir F i rh rhe ne new shareholders ders arc are amply l in tn a a. financial way ay to ha have hare I J lC 1 he development work c ca on ony result in using y eventually I I ft of claims as all the nucleus of a ai i company which will not only t. t ia Cf mining min n but may maV later la Ler em- em eni ark rk in ip th the thA smelting business in that EI These changes and the pro proS vT t osal to begin development work at has alrea already v had a good effect rn on the stock mark market t. t and the shares this tf sold up to 15 cents in coast conal Success Mine Mino frt i While Whilo Jk lr McDonald l was as in the city cit c e Incorporation and awl organization of he Sue Success e s Mining Minin company in Duck Ducking l v reek Creek was completed d. d Th oft officers of of this compa include David Kith Keith pres dent ident l t. t i. McDonald cDonald I r and cn ral manager an and 1 the tho follow follow- i directors David Keith Ke-ith Senator ex ing lag p Thomas Kearns J D. D C. C McDonald James Jamesj i j E. E Dunn Dunnand and II IL A. A Cummins The com corn I 1 pany an will issue isue shares of stoc stock k 5 5 to to the ilie owners and will place an additional addi addi- 1 shares in iu the treasury 5 for ment purposes The p par r value Is IS' 5 a share and some to shares of treasury stock stork will willbe willbe willbe be disposed of at at- 1 a share for the purpose purpose-of of opening up t the he mine ext extensively exten exten- ens en- en s h during aurin the winter months mouths O Owing in to the heavy hean snowfall the theroa roa roads 8 the railroad loading station at st over oer the divide to DuckS Duck S Creek are ire impassable This prevents the hauling of ore at this time hut but development de ole Je- Je work to date has resulted in inthe inthe in inthe the blocking out of a large lar e tonnage tonna o of high grade Jrade lead leal ore Just recently a four foot breast of ore has been opened up in the drift of the scon second levek This will bo ho explored thoroughly b U i after which tho hoe drift from the t third i rl level will m be ho sent cent out into the ore which indicates indicates in- in in cli that it makes to considerable depth |