| Show STATEMENTS OF Uncle Jesse Makes Good His Promise to Make Monthly Progress Reports HOW FINANCES STAND NOW lu Ibis ibm In Debt 1111 Ji lit II The Th directors of oC th controlled h by isso I lel held their regular monthly board meetings In Provo yesterday no nn In the Nw News 1010 sonic ago nail hereafter It wil wilt ho 10 the policy ot oC Mr Ir l Knight to each month the condition of oC hl companies and nilo also suds such other M ao may be of DC interest and value to 10 tho At the itt at Park CI CIty work sus commenced last Monday J Knight who I Inow Is Isnow now general manager o of lila tire 10 perty al as nell M iM the Inke Lake Mineral MineraI Flat companies wi will visit tilt Iho property withIn 0 a day dar or tWI tSO Inc antI It II is the tho IntentIon of DC the company to push work ns as fast n t lS as can be to 10 The Tho company loots has of In cOlpany It Ito I and a cash casio balance of oC 8 At the Iho MInEral Fiat In Am m Fork canyon the tho tunnel which wad waK commenced last fal fall IR in beIng This colpany company Ion 11 in Its treasury 1711 and shares uC of treasur treasur stock At the MountaIn Lake the work worl of oC pushing the tho tunnel Is going on about lS di usual Thil This has hos now In IR Its treasury shares of oC stock and 0 a cash or of 84 tendered his v Lester resignation q general oC tho mack Black Jack Consolidated Mining corn com pany all and Je Jesse Knight wil will succeed him Mr time wi will bo be de 10 devoted voted to the tho management of oC the Tin Tintic tc tic smelter and the Iho Eureka Hi rai raIl road roal The he Jack IA 19 Indebted In Inthe inthe the Ium Of oC 2264 This company hll has decided to 10 take tuko up the opton option on the tho Interest In the Sliver Spar of oC claims alil to 10 Its Ila note drawing six pr cent Interest on the same In the tho sum of oC The Tho nOW new In the tho heck Beck Tunnel Is Isnow Isnow now down about feet wih with good or of finding ore oro This como com puny Is In The Tho Hi toil railroad Is beIng extended from Crom the tho Colorado minI to 10 the tho ne tiet shaft o of this company InI wi bo be completed In In about 30 days The Tho Colorado hM has now bis bills payable to the amount of This In has ha been Incurred ly hy tIne tho installation Ir of th ho electrIc and power for UfO use at It Its own hoist and It ii has hns been thought while install lag Ing this machinery profitable to 10 In Increase crease the Iho capacity and thus thois enable the company compan to furnish air for tor adjoin adjoinIng Ing Ine whIch Wi will boo be booan an econ undertaking for Cor tho compaU company At the Crown Point shaft drifting ent east has for tIm tho par of oC cutting som which look very ery good This company hal has In IR and 1 2900 shares or of treasury tock stack The Tho shae shaft In the tho Iron Blossom II is down abut about feet with encouragIng there nl ii wel weli nR as In two or three ethel places 11 In the property In its lIs treasury thorn are arc 1700 shares of oC stack and Il Its bis bills payable amount to 10 The Tho s secretary ha been au an 1 to 10 sell or of 11 Its treasury stock to va these bi The he financial condition of oC the tho Ibex 1 is isas Ol as follows on hand treasury stock shares The Tho financial condition o of tho Indian Cash ou on hand hancl Queen Is 11 us Colo treasury stock unsold shares The East Tintic Consolidated Min MinInA Mm InA Co 0 hal has I a cash hall nce or of 7 93 ant 1630 0 shares or treasury flock stock The hn Seven Soven Troughs MinIng company hal has In its IlK treasury shares uC of stock ald and owes Manager Friedman reports lint ore oro wi vIll Is no now In en route to the Selby all fornia The Smelting 1 plant II ie pushed to completIon wih with al all possible baste ant and its Ila blowing In Is 1001 looked for Cor June Junc 1 1 Up tIp 10 to dale or of th ho capital stock hal has been paid rol tot it II Is 18 bIng taken 11 up I as Cast al as funds ls alo ale tO fat tine 11 vas 1111 Of nC und I It II is now ost osti mated maled that Ihal tit plant when wilt cost It at I Hill railroad hal tints just JURI rf re I 11 1 It I Shay h 1 10 locomotive a and 11 has haR placed an tot Cl I a or Of CHIS Is no now 11 iii to tn do 10 H aK aid oon OJ 85 the tho is IR read to In 1 Ihl Ito ores will 11 lo ho hauled ml oven Ihl this road The railroad ald ni of oC Its is IH now Cul fully pal for tor Non ow that Mr KII Knight hl hll bus made a which wi vili he 10 hIghly h by the investing It Is In Ino line for tOI other on g 1 to 10 it a Ik like Policy of oC the oleM n of which to 10 thC he om I be wi coining practices the victim of oC stock jobbing |
