| Show I SALT SAL LAKERS ARE WINNINGS IN NEVADA Operator Tells What Is Being Beim Done in the Newer Camps BIG WORK AT WHITE HORSE Tunnel Will Wil Crosscut Gold Golc Zone at Depth of 2000 Feet Feet Salt Snit Lake Iko people have hc been n very fortunate in thick their Nevada Nevala investments invest Invest- ments said Mark W. W c. fi a aNCala Nevada mining operator who is at the he Wilson ison While your our people were 1 a alt lt little slow in getting limb into our mineral al fields the lie Interests they have secured a are c certainly among amon t the lie vcr very sery best Of or course the lime II public generally knows that Salt aI Lake Lale mon money was wa as Ih the lIme first in district and the great seat Nevada Nc ata Hills I Is a monument of their aggressive mine ll development And In Seven Troughs hs a 1 number of oC properties are ar being exploited liy by y Salt nl Lol Lake men al and amid the time showing is certainly most o t gratifying gi The Tire Seven Troughs h er ore body hod carries values from 60 to 10 un 11 I 1 on tho tue The Seven Seen Vernon is shipping hippinG ore from froni rom e places on that 11 ty and at a depth of oC feet a n recent recent dIsclosure was WS quite iule Important On he tIme Seven Se en Trou Troughs hg Tom Toni Bo Boy there Is Isa a a sI strong mug shoot of high grade am milling I Il i materIal mallIla 1 The rile famous Brown BIown Palace group arid and time the White Alps in lie tho Rosebud dl district nr are in themselves sufficient to warrant Ito tho belief that thai a rich and ant extensive ex cx- cx- cx ten leash leash-c i camp will wi be opened tip till and when it is iN remembered that a number num nuin- ber bel of other ties properties have hav remark abl ably good surface showings showing this promising prom ising mineral one aone must be regarded as in line lino Ino for an enormous output of tho time precious metals Sin Strike Le Non I i of Twelve miles north of Rosebud a arich arich 3 rich strike wa wo was made mate a few days das since and anc while whip sufficient development has not yet ct et been done dorme cone to determine the lie exact width of oC tho the vein vin the time ore encountered encountered encountered en en- countered at it lh tIm LI surface Cace shows enormous enormous enormous ous values In free gold In fact the time free gold stIck slicks out OU of the rock roc in In chunks and anti it Is not an nn exaggeration to say that the he values olues would not Dot be beless belos Ic los less than in Jol goldIn goldIn gold In the time district the tIme Ludwig Lud- Lud LudwIg Luc Luc- wl wig and Nevada Xe Douglas properties which are ale now supposed to be he In one combination hn have chipped ore In carload car cam load lots which carried general generl average average aver aver- age values of from froni 25 5 per pet cent to 35 per cent copper In this district Is the rich estate of the Vale Valley Copper company compan which was wa promoted by hY Dr J. J J. J Snyder SIller of or your OU city and on this his property a great deal of or development develop develop- meat ment woi work k has been done lone The rime vein ein is disclosed nearl nearly neam-iy feet teet In width and tho ho avci value I Is from twelve to twenty per in iii copper When It I Is remit that I In a e mines mineR of oC Michigan 1 1 j QI por or c cent nt cop COn ata and In tier por ore em-c Is I worked at a profit unc tho the EI Ely district l something like half hal a amilon million milon dolar dollars has hns been Leen expended on the Nevada CO Consolidated alone on which the 01 ore bocI bodies carry ern values of or not to exceed 1 1 2 1 per cent copper some omo idea may h be lie had of the great prof profit which will wl bo 10 realized from rota the time operations pany of the Mason Valley aliey com corn Schwab nh in Iii tol the Blue BlueStone W p W A. A Clark Is operating lue Stono Stone and Charles M. M lr Schwab has hns re recently recently re- re centy secured a foothold In that sec sec- ton lion It Ils Is nothing unusual to find surface surface sur sur- face values absolutely in the lw outcrop of or the vein running runninG as arm a high hl h as 30 to tl GO 50 GOper GOper per cent copper and amid enormously strong veins On the tIme ton Red lied Ted Met Metal I Ith surface is nearly GOO th the vein on the near fc feet t wl wide e. e and assay asay values show Crom mom 15 to CO GO per cent copper Ir Mr Musgrove i Is interested In a number of or propositions among them ho lImo Western Exploration Company Consolidation which has hac valuable holdings in Bullfrog Gol Tee Tee- In lon and amid White Horse of which he anc and C. C F. F Re Res ln el the lie well vell wel known stock and amid bon bond broker r of Philadelphia own the control control Mr MI Musgrove is general manager and a director In tho thir tl Nevada Ne alla Exploration tion ton syndicate Is driving a mug long lon tunnel to crosscut the great groat White WhiteHorse Whitehorse Horse gold zone zon at ot a n depth of nearly 2000 foot feet below the apex of oC tho the lode and amid a associated with wih him him In this outer outer- prise Is George GeorgC F F. In ent of the Nevada Neada bank T. T F. F Dunaway Dunawa vice ice pre president anti and general manager of the time Oregon railway railway rail rail- rl- rl will be better belter remembered wa way and 01 who wi n as former fottner general superintendent dent cent of oC the lie Union Paci Pacific Denver Gulf railway Fred Grobb cashier of the Farmers Merchants Merchants' National bank banle is a director a and treasurer of or orthis this corporation and Governor John Sp Sparks ks of Nevada is also a director According to the lie official records In Inthe inthe th the office of James Neven Neen bullion tax collector of or Nevada said paid Mr Ir Musgrove Mus- Mus grove giove the total tax on the net nt output of the lie mine for the past pat two twenty months was Of course the major part hart lart of this has lias o. o h been en collected within the thc past six Ix months lla's Production in Gro Mining conditions generally In Nevada Nevada are c remarkably good genii and anc it i Is Isa Isn isa a n fact in tho the new districts where development has been judiciously done cone stronger tron er anti and richer m oro ore shoots have ha c been heen dl disclosed elo ec at nt depth The older ulder and better developed pr properties pertes deal cleal of or are arc now shipping a great eat ore and the output of oC tho state at al this time is not less les than bait a year car When the tIme present extensive operations are ar better beter ad advanced an and amid the tIme contemplated contemplated plated lines of railroad have p penetrated pene ne- ne new fields which arc are now being as aggressively exploited it Is rea reasonable reasonable- to 10 believe beleve that the annual mineral yield i lc of Ne ada c a can ca'n n will wil be not riot much munch lo lothan loss than titan York orie Money lol New York April 1 one 3 Money a-Money Money on call cal Ca easy 3 per por cent ruling ruling- rate 24 per er cent closing bid 2 per por cent of- of fereti at 2 2 per por pel cent Time rime loans lo n strong CO 60 I days das 5 per cent 90 N days 5 oi per cent six months 5 per cent Close Cia Prime Primo mercantile paper C C per cen cent t. t Sterling exchange cas easy eay with actual business In bankers bankers' bill at hi f for or and at 4 80 20 COI for C 0 diy day bills bUls posted rates rate and t commercial hll bills 1 Bar Dal silver Iver C G A i. i Mexican dollars Wt 94 Government bonds railI railroad rail rail- rai- rai I road bonds firm |
