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Show MINING AND FINANCIAL'' Sonic day when you wish to iiiako tin ihteiesting expel litiotit go out on Main stitet and nsk the Hi St tun nictt you lilotit "How Is that mining piospcct or yoUis coming on?" Mno qr thorn will say "V little slow Just now We haven't any money foi development," and the tenth will reply by asking "Which piospcct?" The wrltci tiled It on his acquaintances a short tlmo ago Meeting a bookbinder On the street ho popped tho question at hlnu "Fine", .said tho. man with red Ink on Ills angers, "Its slow, or com so, Tor a good many or the stockholders arc poor men and wo can't assess them very heavily, but we are drirtlng Tor the main contact and when wc get there we are suic or a product that will pay to ship Wc'vo suie-ly suie-ly got tho vein system tliat makes the camp or Rochester." A little rurthcr up the street a bakeiy man was Interrogated "That Calirornla gold property Is doing nothing Just now'', he said "The com-pany com-pany next door1 to Us is building a mill which wc cpcct to use when It is finished Wo are doing some work, though, on a prospect out near Stockton that is giving us splendid assays Wc are doing all the Woik wo can with the money wc tan raise, but It's slow business raising money Ui dad's lots casiet to laise," and, laughing at his little Joke, the baker passed on A pi inter, sitting In a (rolloy car, was the third target Tor the quo"1 ion "Not doing anything now," was his answer. "WO havo thousands or tons or ? 10 and $12 ore that can be mined at low cost, but wc haven't the money Tor a mill. They haven't any custom mills yet in that pait or California." Cali-fornia." "" As lie was going out or the omco or an attorney tho writer bethought liimscir or his stereotyped question "How is the mlno getting on?" The man or law sat up quickly and showed his Interest. We aro only working two men now. A row or us aro paying ?25 a month Tor treasury stock to keep things moving Wo expect to strike the cln In a ory row red There Is no question that that part or Birf Cottonwood has the making or soino splendid splen-did mines" Tho nrth man workg in a shop Whon asked about his mine he said "We're putting in a cyanide tank now Found tho mill wouldn't sao all the gold on tho platos " "My partner has Just written mo," said a physician, "that he Is saving a good many nuggots In working over tho sands in that old Idaho district and he has proved the vein Tor soveial hunched reel with open cuts Things could not look hotter, but tho work Is ncccs-sailly ncccs-sailly slow with our limited iosouiccs, and my partnor has askod mo to dispose or a Tow hundred shares or stock." Similar answeis wcio glvon by as many more Individuals, In-dividuals, none or whom make mining a business Not one or them round rault, not one spoko disparagingly or tho mines; not one or thorn wantod his monoy back unless It should come in multiplied quantity, quan-tity, not ono or thorn but was willing to go to his limit In developing his prospect pros-pect It Is not to bo cxpoctod that all or these men will realize tholr hopds, but ir thoy loso In ono thing thoy will undor-tako undor-tako anothor until, by the law or ayoragos and tho destiny that towards courage, thoy win Mon or tills typo havo rollowed tho lure or tho motals ror thousands xr root in the Tlntlc Standard tnd paid tliolr assessments ns rogularJy as their taxes and lhsuranco indications, aio that tholr luck has return od, and that there will bo moro dividends than assossniQntS heroartor Tho malting or tlje mine Juaa not bcon such an easy tjilqg as It promised Iq lie, whon otofshoot wore encountfirad last summer in the cast drfrt on the i,D00 root level Flist there wn," ie installation dr a pipe ventilating sys which cost a good deal or money the ho pay roll becamo a source of anxiety 'I ho main north and south break Tor which thoy wcio drifting- -vvda a' good d(jal further away than tiioy though it to be. r lie manager was eagerly '"tont oil finding the ltlaill fissure and tho directors, at their September meeting, humored him to t tho extent of a small assessment for aontlnulng the east diirt, but tho concession con-cession had a string to It ir the main break was not encountered beford tho end or the month tho drirtlng was to bu discontinued dis-continued and the mlno force pulled back to tho places In tho diirt where tnc ore In the cast and west fissure had widened ln-tp ln-tp shoots. Tho first or October came, the main fissure had not been tapped, but there was a change In tho race of Hie drirt that was taken to Indicate Its close! proximity. To comply with the wishes or tho directors some or tho miners were detailed oh the ore and some retained In the face oT"ihe east drirt. Tlic oro shoots show-bcst in tho noor or the drirt. To extract 'thenf' economically" It -will bo ncccssaryAtO'-gSt under the ore This means another lirt In the shaH and a now Jcvci ax l-,060 or 1,100 feet Also Ilia postponement or-the profits that tho Standard .stockholders rclt to be within their grasp three months ago The ore can be mined un-cconomlcally by underhand sloping In winzes and this method Is likely to bo used for the present, pres-ent, but It is- only a makeshift nnd vvlll vex tho soul or Manager naddatz, wliose mlncrlike, operations in the Standaid are the pride or all stockholders. Ten years ago, when the maclilncry -was. removed from the .Martha "Washington claims at tho south end or the Tlntlc district dis-trict and sold to pay the debts or the company tho stockholders, some or -whom had paid as much as 40 cents a share ror their stock, considered tho Incident closed It was, so Tar as "tho company was concerned. con-cerned. The Martha corporation Is defunct and the ground belongs to some of its creditors, at least that Is the way It is re momborod by the old timers In the mining game Tho former owners thought thoy had dono overythlng posslblo to make tho mlno profitable and that no ono would succeed In operiting below tho 500 locl on account or the wator ilero comes now a drirt from the Dragon Consolidated, laps up tho wator like a thirsty cow and plumps Into tho Martha Washington -voln on tho 800-root level ir the vein doesn't yield pay oro now It will bo beoausc it lias nono to yield. Tho tradition that all tho best oro is under the watei will bo put to the test. So Tar tho Dragon company lias not had much chance to look around Tho roport Is that the Martha "vein ui tho place or connection Is 15 reot across and holds bunches or pay oie. In tho horizon worked work-ed by tho Jlartha Washington company tho oln was narrower -and the values, chloriy in silver and copper, wore moie evonly distributed Tho Martha Washing ton voln is in tho po' nyry, and has been traced northeast and southwest ror 3,000 root. Tho work porrormed ror tho Martha Washington at Tlntlc Is about to bo done ror tho Pilnco of Wales, Davonport, Teresa, Richmond, Wolllngton and other famous old volns or Alta Supplies ror the winter wore started this week to tho Alta tunnel at tho head or Sllvor roik or tho Dig Cottonwood Iho mouth or tho adit Is so pioteutod that tho crow will bo ablo to labor throughout tho cold weather with oloctrlcally-drlon powor drills. Tho motor, compressor- ind transrormors hao boon sot up In tho compressoi houso undor a shoir or tho cliff Tho wator that sub-moigos sub-moigos tho lower roachos of tho Alta oro moasuros should, In a row months, bn tumbling down nig Cottonwood canyon, generating light and boat on Its way, and polling from kltchoU hydrants and hose nozzlos in Salt Lake City Who is buyliiR- the contlol of tho lead- JJlJB3exTqcj!h(?3icr,ic.Yqfla?. , , k.-ttok. H Ibellcved'Jn smtUakfc thatltlib Quggcnheims I V5Hr r6BlIrtgTthegdpd3 or-whloli thovmlnes H arc mado to boo ar jhoy were nlIwool and M a yard wide Then; came tho report or a SH sale to John r Covan or Salt Lake and JH M. S Drowning or Qgdcn Mr Cowan was BH already a large stockholder, being credited IS -with 200,000 or lhtij 700,000 issued -share M or the Hoohestci Mines Company. To get ! BH tho control he needed only tho 30,udo 1 IB shares oToe JVenzal, tho discoverer or the t SB camp. That tho sale announced this week , H involves the-Kcnzcl luteins. t only Is the be- SB Her held In mining circles. A "purchase f H by the Ouggenholms would bo a certificate , JJ that the mines havo tonnage Those folks j IB don't fool with properties that can't keep SB tho smelter furnacos going Tho activity BJ at Rochester is having its effect for miles SB around and mining concerns that have been SB snoozing in tho chimney corner for a do- SJ cade ar0 climbing through tho windows In BM their Jiasto to start something. alt Lake BJ is pretty well represented In tho Hum- i Bfl boldt range and Will not lose anything by SB a mining- rovlval "there. ' BJ |