Show I i SAMUEL NEWHOUSE I ENTERS AUSTIN NEV I Will Wil Shell Shel Out Over Ovel One Million Milon For Posses Possession ion of Vast Estate BECOMES RULER OF TOWN of Thai fun I I 1 c in t c Been Beens s 11 Most i hit t Prominent In lii Inthe II t the he e West ct t. t A dispatch from fromn Austin one of uC lh the lie most Illustrious of or Nevada's Nevadas No adas camps says MS It I is now flOW ll positively I el known Unit lint behind the tlC effort to regenerate o i its mines which have ha been productive e oSso oS mS so lal many millions milons at ot depths lint m are arc comparatively superficial I is the tIme wealth of Samuel of Utah Ulah with wih affiliations extending from frum Salt Sal l Lake to Boston Huston and that lint his 0 is 11 now upon uon his way lu to the en camp mi p. p TIme The message from flom The rho West est evi cl evidently dently has hus reference to tim the properties of the tho company Of of which William II 11 1 Ed wards of this city Is the manager and to Maurice M. M 1 Johnson Johnon who left lef for Cor some sone tome portion o of lue he neighboring state stat Friday From FIol local sources It I was learned last Il night h t that th the lie transaction to te ll which th lie Hie dis dispatch patch refers was practically con consummated um- um mated mate in iii this Phi city some seine time n ago o. o and that thal in it I Mr Mi I. I Newhouse anti and hl his a associates as as- i no not only acquires an al empire of if mf mineral bearing tort but hut the tl lie i of if a town that thal at alone one period I was peopled I by lu I thousands of soul souls a aIne aline I I In line Ine of or railway mIlls mill mi antI and a smeller i In th the lie acquisitions of the he muI I I indeed end I mu- mu coin company ima ii mile ire the thc properties by hy which Phelps Stokes 8 of New ew York and anti those hose as associated asso asso- o- o with wih him were wre so 10 liberally en- en h i while In Iii II th the whole of nf the tor- tor ci rHo I is embraced as many mUI as S 2000 OO While lille this as was sas drawn ou 00 u for or au and 1 re responded iv with I lb mu multiplex u I t I millions much of it I Is 11 practically virgin vir ii gui gin n. while not one lne of the he h bearing ore ln channels ls has hns ever J beet been exhausted or 01 fr fathomed to 0 a n depth exceeding ft fe t. t In lii these the c ledges hedges indeed In are ate exposed ex Cx- posed at this time according to re recent rc- rc cent reports ores omes that show value value- luc ran langing ln hop from rol S 50 riO O to 2000 per ton Lon ihie latter lat occurring as a Iu ruby silver In the of oC the operation extraordinary s system of or fissures with which tIme the properties los Rr are endowed and amid which number no Jl less Ie tItan than thal forty three distinct dis met and independent ln ones s. s there lucre was I ted to ii rein in mu I In it them hi emit a ye volume I u mae of ore oie lacking ll in Iii 11 commercial I contents at ut that hint perl period and amid RII under tinder conditions that lint then prevailed thc the extent of which it 1 is d difficult to compute I Million for Control 11 For For- the tho control of ut If tIme the tio properties e Including th the hue lino of If rail i v ml why lag Ing from ruin the E io lh p points which the lie on OIS s were reduced It i Is said that Mr 11 house Newhouse Is required inquired to tu shell 1111 out as much as LS 1 It I I Is to verify th the th reports that hat an am engineer is at ut present headed for fOI the lie camp camul mp nil and amI in the event ent e tIme the deal Is consummated It I Is Is the lie intention to ii resume Ie ume operations opera opera- tons lotus with wih an au army Im I'm of If miners the campaign 1 to be one of oC the he mo most t ag aggressive OJ- OJ ag- ag the hl history of oC Nevada min maim In Imi gl sl f II tol e alla In log ing The TIme results with which a n number num nut ber of ff lessees on the lie properties have beet been operating foretell even n e more sensational semi sen ones un under el the vigorous en emi endeavors CIl CI- CI l deavors OS O'S of If the company over I cr Vei which 1 Mr Mm Newhouse hout will 11 in fUlU future preside With Uh which to tl derive c Commercial re results ye- ye suits from the time vast acreage in which Js was urns permitted to lo remain the hue second second- loll class ores nes nHan means ha have hac c been provided IIo by tint metallurgist In iii II recent years and amI andin it in these tle mana management of time the tl company com coin Iia pany ny has Ims tl discovered co a source ou of 1 revenue reve thee nue that lint rises to In heights almost In In- In credible The Thc old ledges which have luave responded mud etl ct so fred freely y fathomed to greater depths and their merits merll d dem m- m it i Is IH the intention of If Mr Ir no nu doubt to reorganize the com company pal and apil t to tf i exploit exploit as 85 a he hl has all al alof and of his lila big hi undertakings s hi in this tills neighboring states stales That a smelter will wil ili be lie 10 added to 0 lie vast amount of other r equipment now nov upon time the ground and amid which is included In lit II the thc company's com corn Ian pany's acquisitions is quite positively a ris while allic the thc Hue lne of oC railway between he- he tween c cell n the Lite properties and the plants 1 will undoubtedly be hc 1 rehabilitated and 11 1 wi locomotives e provided lIo with nith h date up and amul other equipment While hiie the thc o of the lie tw splendid acquisition ac oe- Is assured Mr 11 Newhouse can not nol limit but recognize that thal In Iii time the crys- crys en tOI of or his plans at al Austin there I Is much mich to tu be lie done much nuch that thia must draw upon his purse which helm has ever open tf to 0 opportunity That Thal ills his I standard Rh has been planted at al Austin lime people of if that lint 11 camp are to tn I he be congratulated con Colt COI- COI n us its Is are tho those huac c of or the hit tl state stale According to particulars the conI comI company com con I pal PithY pany was represented In lit the he hi big s Ih Fulls- Fulls I 1 by Mr il I t. t Cd Edwards ward Its president sought hl a a as well wel as Its 18 manager and who wIto s. the lie camp a year NU or fr frore moro ore ago hg aJO F Fur ur tim him her details are tie I expected on oi the lie arrival ar amP- 01 rival of le Mr Mv 1 Newhouse |