Show 1 MI MISFORTUNES f Of OfT T THE CAMP AMr OF f ELY L Stock Jobbers Jo Reaped a Harvest And Anti as a Result Progress Is Now SHAREHOLDERS INVESTIGATE And Aud Are Arc Demanding an aa Accounting Finances Arc Me tre Aleut About to tolIe lc lIe Fixed Up Again gaIn Ely I I Nc Is nn on unfortunate camp amp nail and 1111 Is III a I good demonstration demon of ot what mismanagement coupled with appal appalling ling hug stock Jobbing will wilt do for tor n a 1 min mining minIng ing log district that Is iii truly meritorious mining engineers who have examined this thle region have proclaimed that Us Its are Indeed great but unfortunately nil all the tho money de derived derived rived from Irom ron tho time floating of oC stocks throughout the lime east enst has hall not been spent legitimately In all cases Kly my El has suffered Buffered by b I It Two ago tho the citizens of or tho timo camp were a o encouraged In ii time the belief h that several strong trong companies had en on entered entered tho time camp with time tho Intention of o conducting their operations as 08 they should be h On the tho contrary time the very ones c In which the tho people 1101 10 of oC the crimp placed the greatest confidence turned out Jut to 10 be lie tho time worst t stock manipulators that flint ever landed In III ii Nc No N Stocks were ero sold old at It enormous prices anti II II the proceeds usually went Into tim the pockets of ot the time promoters Late Iato advices from Ely Kly ore nrc to tho the effect that Iho victims of these th sharks iTO firo demanded on an accounting from from some of at the late lisle malingers and a 1 determined elton Is III being made to place Illace tho time re To responsibility for the tIme outrages that thaI have Inen committed Tho ThU shareholders In time the minI mine It Is a said have hopes of ot straight straightening I ening emming out affairs In such shape that a 11 resumption of operations Is in not un unlikely unlike likely like within a n few fow tD months Only u mm few ew days ngo ago H It J Davidson one of o time Iho heaviest of oC tho the eastern In III the tIme company was aR aa In Inthe Inthe the time city and held several with seine Koino of oC the time creditors of oC the company COlli lIOn ami anil whet when ho lie left expressed ed the opinion that tho the finances s would won on bo be straightened out and ald tho time mints up imp again this time thie tin tinder 11 der tier experienced competent man tIme Tho If Is IR one of ot thy the th best he lit e l mines In Nevada although ii it very cry large IlIre portion of oC It Is ab lIb absolutely of ot no use ISO to the time company For l or Instance n a large lurge combination mill multI was vas built at lit nn on expense of oC several hundred thousands ot of dollars without going to time tho cure care of ascertaining whether the time process Installed was suitable to 10 the ores of oC the mine In 11 fact tact nt lit the tho time the plant was built tho the mine maIne contain contained ed d very ery little ore oro nt itt nil nl Vied Frell Butler formerly connected teel with tho time Mercur MIS IL called In III ns M and amid during his hili administration consider considerable considerable considerable able ore myna IM developed but until then them tho the workings showed showell up UI little ore ere of oC any value On leavIng Having the Iho city Mr Davidson proceeded dell to Bumpier Or Whore there ho hohas hohas has haA mining Interests Upon his hl re return return return turn erst erat nal he lie will confer conter further with stockholders |