Show market letter tells of apex standard development the latest market letter of aff charles A stoneham co has the follow ing concerning the apex a standard property all Is interested 4 in the dis closures made during the past week in the apex standard adjoining the gintic tintic standard to the southeast this is one of f the new companies ff gaz called into by the enal 7 success of the standard it pos besses two claims covering v what its owners believe ay to be the south ex w of the standard vein A shaft was put down v feet W or until i the underlying aw quart zite was encountered drifting vw was then ff taff begun to V the north SY for the 7 zia pur pose of 7 reaching an east 2 west fis sure or break at 7 its intersection with the standard vein two hun dred dept 2 from the shaft where aff the drift emerged 1 kiwy from the quartzite and entered the lime a good quality E of galena ore was found wf w in f seams and bunches the face of the drift Is still a hundred feet from the east west aley break av which atif Is held f account able for the ore ov and t the aff values are expected 1 to increase clear up to 7 the fissure wv it w ig not w yet definitely known v af that aff the deposition comes from y w the east a west vein but the fact that a similar east west emsy break e cross ed sv the north south vein i where aff the standard discovered N bonanza sug bests that cross breaks are factors in the formation of the east woy ore bodies the aw apex standard Is a million w share corporation with only shares issued development has been financed by the sale of treasury 4 wey stock the ea latest s subscript sub scrip eions fey being at 30 cents per share the is company Is said to have more than fea 10 in cash with which to carry im on its prospecting ir |