Show officers give live out statement A ery cry interesting statement as to the recent purchases by the mammoth company and t fhe e reasons for the recent assessment for the first time in the tu twenty enty nine nears v ears of c corporate 0 exist nee of the concern has been issued by superintendent samuel me inta re jr and R at wilkinson secretary of the company the state ment Is too ion long for us to publish at length but after explaining that the j ia gement against the company ob tamed by the grand central company after years of expensive litigation 0 amount ig to is responsible for the 10 cent assess nent and elating stating that an additional outlay of 12 is nece saaly y owing to the re cent reck of the hoisting plant it contains the following interesting in formation As to the future outlook I 1 it t may be said that among the new purchases of ground waa was included include dt i halt interest in the don pedro claim which on cuts ta into the possess ona ons on the southeast and in which the gol got den chain consolidated which ov owns ns the other half halt has been mining ore for some time past that it is worth in the neighborhood of 2 per car load aside from the several ands of dollars per month which will be the mammoth due from the operations of the golden chain in this ground sour company is now drifting out on the 1300 foot level to a intercept this same fissure As the itea estimated distance to run in order to vf make connections is something like I 1 1 loia feet and as there is 1000 feet more to co coser er it will ill be some time before the objective point is reached another purchase made by your company is that of the last show claim in the bastein portion of the company s possessions in th s claim a great ore bearing has been in ned tied oy the a company and sensationally high g ade ore has been shipped from it this fissure which is showing little bat but low grade ore at the present tina ti is being fallowed L I 1 into I 1 the welding claim ft alt p b ta mi ait abac 4 f 0 ame mme re 1 I 1 shoots of ore will soon again be open I 1 e ei I 1 the email small amount of 1 ore that does make in this fissure is being taken out and shipped the operations of the neighbors along the northwest bounder boun dir lines of conr property haa convinced us that the great centennial Eure eureka Lalo lo 10 ie le runs into mammoth territory A drift from the 2100 foot level is now being sent out to prospect that ground and there is reason to believe that thab the work will prove highly remunerative to your company while the expenditures for devel work wilt will be necessarily large dur ng the next several months it is beli believed eed that when repairs to the shaft and machinery have been corn com plated and we are again in shape to prosecute pro acuto the campaign with greater vigor we can get along very nicely without having to le levy V adv more as s |