Deseret Evening News | 1906-12-01 | Page 7 | More Capital for Well Known Mine

MORE CAPITAL fOR FORWELL WELL KNOWN Geo W Morgan Returns With Good News for Igan Stockholders WILL ADD NEW EQUIPMENT Show highly v Morgan ot of the Vienna cafe cate and also president ot of the Morrison 30 in inIng I Ing Und the Humboldt Michi Michigan gan Mining company returned to the city yesterday after atler a visit Isil ot of several weeks In ChIcago Cincinnati and Now New NewYork York 4 While away awny Ir combined business with pleas and this morn mornIng lag Ing announced that he been sue nue In disposing ot of a largo large block of stock In the Iho Humboldt Michigan com coin company pany This company owns nine nino claims In ho hoStar Star district In Humboldt coun count t tIP No Nor about 30 mIles north ot of Win in and nol hot far from the tho recent Ros Tho iho development work Vork to dab dato consists ot of 1 a number of open ellis anti n a tunnel which has pellO to a distance ot of feet Oil on the tho theore ore oro from which some tory tests have been made as nays from Hi 4 to 27 per cent cop copper per about 3 In gold and a few tOI ounces ot of silver Sir Ir Morgan does doos not care to nay lef just how much stock slack heen of but states that there Is Isnow isnow now money on hand us as n a re suit Bull of his trip to 0 warrant Home HOlM ex cx tensho improvements In iii the tho mines equipment e improvements will consist In part pari of at two hollers boilers n a compressor arid anti two Cameron pumps 5 Sticking HUlking on the tho vein eln will ho bl commenced at al once and work kept up steadily until the tho prop property property erty Is 01 o a Mr Morgan Is naturally veli 1011 pleased with the Iho results of at his trip and the tho news ot of tho new 1101 capital procured will willbe willbe be to nil all stockholders Al Although Although though ho he feeling n a little tired Mr Ir Morgan lorAnn was wall on deck this morn morning In lit at the old stand and looks WI as though the tho trIp agreed with him blip