Show ELY CUMBERLAND CUM ERLAND-EL ERLAND Y HAS 1143 WATER YATER SUPPLY Is Therefore Object of Interest to Older Mining Companies in the Camp GUGGENHEIMS INTERESTED Consolidation With il time tho tle Nevada Nc Consolidated Con Con- 01 Would hi Make a mu Hl BIt lI Producing t Property It There has line been deal in interest In- In a a great or of in terest ot late In Cumberland Ely Ol or orthis this property Ity the Boston F Financial News 5 says ss The great str strength shown show n ho In the lie th shares hale of the Uie Ely Cumberland I recently recent recent- ly Iy has been blen attributed to strikes of or ore I made In the tw property But limit this is only onh li tune tie In a n m measure asure It I hind had boiler bolter be letI c called a n contributing contrib contrib- tiling cause calico to the strength of oC the lie shares hut but lie tho final value of oC the lie property properly and hence the value of the thc lie shares In the the market harks hurls nick back to the con conditions which look far nr Into the tIme tie dc- of or this title property with regard regard re re- re- re gard artI to those hose properties which surround sur cur roun round It It I The rho fact Is that the lie Cumberland Cumberland- Ely line has the water supply of o the lie district ll dis tiis- and anti for this reason It t is an object ob oh- of oC interest for those companies that hint were first organized in the district tile dis and amid that have received more publicity than hiatt the tIme former Cormer property didin did didIn In t the ht place I Ithe TIme The fact has haN also been noted that the lie Guggenheim Gug interests ests arc are very cry touch much Interested In the future o of this property properly and antI it I Is 18 F said that the tho property property prop prop- erty will wi bo he consolidated with Nevada Novada Ne No- Ne-I Ne vada van Consolidated at no noer er very remote elate date ale and on a basis of share shar for share understood that lint the lie It I Is generally I Cumberland Ily line has an extension of oC Lime same ore bodies hOlles that have been in the lie Nevada Consolidated Consol Consol- Consoli these with Its unfailing dated anti and wih Is water supply make malic It I one ouie of oC tho the best 10 prospects in the tho district Among the mining men generally Is no doubt held hell that lint a consol consol- kitten will wi eventually e take place but but this his lac lacks oven even the lie shadow of oC According to expert estimates the tb thO two properties together be of furnishing casi easily capable ni in UI output of oC 2000 tons of ing ng ores daly dally daily fhe These e concentrates of or course cours would be o treated at the hue Garfield furnace of oC he the American SmeltIng and Refining anti and as feeders to that pro- pro giant glunt concern the thc output would be e of the greatest Importance to the Guggenheim Interests It is understood that thai if I the he consol- consol dation I Is made the lie compan company so formed start with wih a first unit capable of f treating OO touts tons tOiS dally daIly and it i increase in iii size until gradually he 1 m C maximum amount ou mit inca mentioned t tuned abu o was reached |