| Show UTAH CONSOLIDATED CO COWS of ot n a Concern Writes About boIL luini Mine III Under date lOte Ille of ot the 3rd lust ft a I cor car correspondent respondent Dependent of t a I a well wel known own Boston brokerage firm writes his homo 1010 about Utah Consolidated ant and among I other atwI things Is quoted as aa a saying I have haya been beau making an au Ion tion ton ot of tho tha affairs ot o the tho Utah Con the reEle of or which tend to N the tho calini that tH jIb Highland Hoy 10 values havo faulted tau I ell Into the Yarn pa n by Iy tho the Tintie Mining nn n d lent company campany A to toward ward declining values waR wan rn n j evidence wih with Increasing depth though evidences were vora not lacking lr indicating a second secondary l secondary cond ary nry enrichment Tho The Utah Con Consolidated Consolidated has hI never sunk it n shaft but buton buton buton on the other hand has hns drawn upon Ia Us its values alues through tunnels tu to the eighth level evel though but little ore has been mined below the seventh level The Utah Consolidated has hia ha commenced the he sinking of ot a n working shaft shat In the th formation tho th purpose ot of which la le to tap the formation for lor min minus Ini lug us to such depths us Ie will provo prove profit profitable pron able A second shaft Is likely to be started later This shaft Is to be he pow powerfully PO powerfully equipped and unless the tho ten jen lency of ot values changes will wi command commanda a 0 I lower average grade of ot oro than Is Isnow Isnow now flaw being beinG treated by this company |