Show capitalization of eureka metallurgical 7 co increased 0 yesterday afternoon the directors jy 4 and other shareholders of the eureka afa metallurgical a company held a a meeting in this city and decided to t increase faai 7 the capitalization of the jaff aw V company from 50 to asta as Tw aws W at vw the same meeting it was decided ff alff to extend the option recently given diw vw to john hays hammond ay who iy iiii sy SS 6 af likely take over a substantial i fyr block fy w 1 of 5 the stock and assist in financing caf 7 the company r the eureka metallurgical bwy company Is deserving of commercial success a by reason of the persistent research 3 work done with 7 but slender finances 17 the company has a syr kept at work a cwi wwi and almost three vw years w ago dis covered lwft the correct ff procedure for the recovery of the values waw of athir oili ir dazed ores lack iu of finances has prevented the construction a of an of ss frelent iia plant it will ff be fortunate y for the gintic tintic 1 district to have such jarv able wai and such independent concerns W develop and thereby was make valuable bwy the ay large aff quantities ww of lower grade oxidized ores the local iway company has developed jc 17 Vl its own processes jsu and tested them in vy w rf semi commercial ar plants and later it plans to install custom mills for jofey the 4 district tani TK ni |