| Show CAPITAL TO SECURED fOR BINGHAM BINGAM CA CAMP P Pw w V v j lull in ln t With That Utah Ulah Metals 1 J Now After Mtr an of It three wok kit In Xe New York Yo nod and listen principally In Inthe Inthe I the latter city etty W V B K D Hubbard of at this thin ety ay tills till morning with 1111 the Boo good l nm nw n that the tin Utah Metals com coin company pan pany ot of r had been ully financed and all Impediments of ot a II financial nature In connection with th the development of ot the property lire are now removed 1 Mr 11 won was reluctant about aboul speaking at great length about the UIO proposition before tho de do tails to II Ills hit hi associates U nt this end which will lie II done dono as AI soon noon as all possible but It h I known that the tho underwriting la Is unions Among tho In III It 11 la is I alco stated 1 that a place will vIli b lit be given alven two representatives en the of this tilts finn un tIn the board of at directors All 11 of at the tho details detail have been ben agreed Br d to by b the thc east eastern ern em partIes And nil thAt remains to 10 be done clone Is to the at nt this tha end of ot the tle line lino and ratify ra II f the tho terms t of or the dial deal The successful stul financing of or this men meri proposition will wiil bp hI hall hailed d with delight by the people Of or and mining men mell rite generally gene as AI it means mE lIlS ultimately another big producer for tor or th the camp The Tho territory of or tho the Utah Metals property contains about am 33 acres including within Us its zone the almus of ot tho the Central Standard Standard fling Ding h ham m Metal MetIs companies com les Th principal J development work ork done thus thua far has h tw been n through a t shaft run nUl from the Tooele T le side ald In Middle Fork canyon The Tha original plan In starting this Ihl tun tunnel nol nel will no doubt bo 1 earned carried out which means a u of the tunnel for another feet making fe eez t In II all will afford a depth of ot o about 2300 feet t l and will enable the com oom company pany peny to explore Its Iti vast territory In the thi most economical manner mannor Mr Hubbard reports Ort conditions otter better In the tho pas than they have h ve boon n for tor two tW years Money M Mono ne is Ss plentiful and It Is seekIng Investment In good mines Thines u lA a 1 greater tr extent than nt at a any uny time during the past two years year In spite of the losses loMes during the panic p of ot 1907 1901 those tho o who have g good IId od propositions can cnn got gOI A n hearing today where they could not a II afew afew few tew months ago The attention of ot Investors Investor seems to tobo tobe tobe be bo directed towards towa II cupper copper proportion mainly though there Is ts also better In Inquiry for tor i propositions as ae aswell aswell well as gold go mines mine Yes ye there Is a settled nettled conviction In III Inthe inthe the east MI that a big copper combination combination tion for tor tho the maintenance of ot prices I is under way anti and that It will vill materialize said Mr Hubbard every Ivery body predicts advancing prices price iI for tor cop rol copper copper per and consequently for tc 1 copper stocks MAKING lImio Iho Pan Ia cs i and Sets II A 1110 Several lul Dollars Hollars President Lafayette Holbrook k of the th Victoria mine at wh was us In Inthe Inthe Inthe the city elty today loday says lays that thaI property Is in excellent condition In addition to pay payIng J Ing lug all uti expenses expanses Mr Ir Holbrook says aS the company compan II Is putting aside a few Cow thou thousand thousand sand lland dollars every month which may Homo day aply on dividend account Tho The property properly Is III f being operated through the Grand Central on the tho th 1100 level leveland leveland and the mine Is looking good on that thai level leel anti and also alao on the level above Mr Holbrook says Ea he has haa every veT confidence In III the tho ultimate development of ot tho the Victoria in a paying mine Regarding the Grand Gran Central Mr lr said raid though he has hila not vh vii 11 tho the mine for lot nearly a year vear he was conversant with conditions here which are oro reported to be Ito better than at any anytime anytime time Ume In the history of ot the property EW liNt D ix SUT SUTI Ilot I ort from Tintic 11 nile tills morning stated t that thet a Q new of at ore 01 had hail hadt been t Hn made In the Uncle Sam In one of ot ofIlia the Ilia th old workings working In the upper levels level The Th find It was sold said showed show d a n body bod of ot high grade ore ora about a foot fool wide wIlle anti and Indication indications were wire said aId to 10 be ho good ROod for lor It to 10 develop Into a II gr body o of ot ore ort om tHU IX IS GOTH COM Hammond Sain Oklahoma Cos Coa Croup of ot Rig Hie Mine Deputy Mineral Surveyor Hammond who recently returned to Yerington Nev Ne utter after making an nn exhaustive ox ax of ot the Oklahoma Mining lUlling group In Mount Irant Orant die triet sa 11 says the croup Is I the making of ot ono one of ot the best lIet mines mine In Nevada according to the Yerington lolI Time Times On one dump there an sire W tO tons toni of or o ore which will average JW 80 0 a ton tOil in gold Rold silver aUver and and hear 11 HU by a small email dump which r 1400 to 10 the ton toil HItch Moh claim ha has a network of rind ins and wherever opened o ned up 12 1 place In all alla a splendid In III It exposed Tho The deepest working Is I only 70 feet CI but at this Ihl d depth th tile the Is la el ten ety strong well defined and uniformly mineralized Tho The Theore ore IK II concentrating and milling This Thin group lies lias just Juat south of ot the tha r Pasi at ut the west bi base balle e of ot tho UIO north end Ind fit of Mount Grunt Several tents teats of the tho theore theore ore have hav boon on b made but cm UR Monday a amill amill amill mill test tent of SO 20 toni tuns will wll be run The Tho company o Is giving a II lease on tho thu ground and will receive a splendid 1 roy ruy royalty royalty alty A groat doal deal of ot Oklahoma capi Capt capital tal Is II going Into this district and when the tho new naw wagon road is la completed Mount will be b within 34 mIles ot of Yer Yerington InKton ington making It tho III closest supply point The Tha district strikes me an as one of ot the tho twit host I hay have ever b len beon n In Iii ii und lint Y should bould Indirectly ly derive a 11 great C lt deal ot or benefit t TO President Jo Joseph eph says that the North Colorado Mining Minim company will nee work fork about the Ule flit of ot next month This company wa was organ l lied Ia d about KwuI eight month months ago aro for tor the development ot rl u II group of iW ju In hi It UK the U North Tintic mining ills die Ilet The TIt ground gRund U Ie 1 jut just north of o the Y Yanks e I In un Hud and at 4 the tie time the was wa organized d It was wan given out that Uit the tl would wouW b be eunk In an elfon tu to t open up tiP the north nU of the vein u ut of ore ur The Phe work urk h will alit III start next neat II Is f rr fr r the pur ll Ae i r I lug the nl cl II III im but the development of ot the tho ground will perhaps continue after aner the completion of or tho tim work Ork lie Ite porter ix United Un It ell Metals Selling Sellin Company Marks MarKa Irice at 13 1314 W elIte New ew York ork Nov No 17 The United Metals Selling S lIln company the tho selling agents for tor lh the Copper company COmpAn today the tha price of ot copper to 10 13 H cents an Increase of ot one lne quarter of a n cent over ocr the tha pre previous price t TICS Utah full Copper and United Stairs Min Mining Mm lIn ing 1111 and Smelting stood at JR 58 s re respectively ly tIlls till morning on n fl the New York stock The Kir lT x at that Ihl a force toree of or JC i mIll men Is ii I employed at UM tho SUC mine in Duck Cre Creak k Five men ore are sold said AI J to 10 be b taking out hl high h grade led lead lea ore Me which b l is bring beIng to time the tie Salt It Lake valley al smelters Reports from the mine In the tha theah Wah ah Wali mountains Heaver county state that the management Is still 11 fol tol following lowing ore In the Cliff If tunnel and prep are being binK made to get the In Initial shipment about the first ot or orthe the month The first shipment of t high grade ilde ore from the Silver Island Coalition Coalton MInes company left loft Wendover on the Western Pacific yesterday for one of ot the local smelters Assays from the eln vein from Cram which tho the shipment was veta taken Iken disclose values ranging from froni 2 to more than 40 ounces silver siver per pr ton New York advices state that a con conference ference of or representatives of the Amal Amalgamated Amalgamated Copper r company the Cole Colo oJ Jlynn Hn properties and tl Guggenheim Interests was wa hold held yesterday but no statement was cas Wa given ghen out after the meeting F Augustus Heinze spent the entire day da Tuesday Inspecting tile the mine and mill mi of or tho Ohio Copper company compan at Mr was wan accompanied ICI panted by b Colin Cohn oln Mackintosh and a K E 1 U L L LWhite White of or Bo Boston ton and on his hi return to the city II expressed hImself as BI being greatly saw sw them pleased plea with wih conditions as he |
