Show BIG CONCERNS WOULD OUD BUY THE LEAD KING I United Lead Company of NewYork NewYork New NewYork York Negotiating for Property OWNERS ARE NOT ANXIOUS PlO Proceeding i With Ith I 1 Arrangements llan to Equip and alli J clop lc c Mine at The Lead King I Mining company which has a most promising lead cop per property only a half mile from tram the site Ite of the big smelter to be bo built at McGill Nov h has s. s arranged with sith Ith a aE E syndicate to take shunts shares o of H its treasury stock which wiIl suf- suf working capital It la ts believed lo to equip and develop the mine Superintendent Su Su- Su- Su Brim ha has arranged to ship a gasoline hoist holt to the property and amid will start work at once The TIme Lead King ha has a body of the lead ore ole from the surface to lo about OO feet Ceel eeL depth that is known to exist in the country but there Is no doubt that the lead will run into copper copper cop cop- per ore at the water level A part of the development now contemplated will be bo the driving of a 11 foot Coot tunnel tun tun- nel lIel one purpose of which will be to lo dt develop a water waler supply which of It Itself itself itself it- it self will be u a most valuable asset The mouth of the proposed tunnel on the side of or the range will be feet reet lower than the tho Buck Creek Cleel level Ic so o that a large water supply Is assured The Tho tunnel will however crosscut two or three known ledges es upon which drifting for 01 several everal miles will bo ho pos possible and it Is believed that tho the ledges at that depth will provide a ag good grade of copper or orThe ore The Tho United L Lead ad company compan of or New NewYork NewYork ew York which is engaged extensively In Inthe Inthe inthe the manufacture o of hot as well velL asline as one line or two other large largo concerns concerns' has made overtures for the purchase e of or tlc tIle Lea Lead King property properly but hut since it its has perfected plans for tor carrying on development development de de- IC- IC work worle it I is doubtful I if the company will regal d the offers made m. m sufficiently attractive to Induce It to part with the excellent prospect |