Show r MINES AND MINING E BY y r. r p. p W. W PRA I SIOUX CON GUN ROcS GROWS IN lN PUBLIC FAVOR Improved Conditions in lion lon Blossom Strengthen Neighbors Neighbor's NeighS Neighbors Neighbor's Neigh Neigh- S bors bor's Position I RUMORS NOT CONFIRMED 5 5 Reports of Strike and of Proposed Proposed Proposed Pro Pro- posed B Bond nd Issue Agitate I 0 Brokers It I V Two rumors were held accountable S 5 for the tile activity In Sioux Consolidated S tock stock on the mining exchange minIng e 1 tn day One was that some ore had been 1 encountered in the workings The Theother he other was waa that that t the l proposition to Issue bonds as aR a means menns of ot ral raising money to continue development work worle was being being considered cred b by the company compan Officials of ot the company my who w were re seen last evening evening even even- ing InS would woula not nOl confirm either cither rumor President T. T It n Cutler Cuter oven even went so far faras n as to sa say sa- that no bond boa Issue had been contemplated und and that while reports from the mine were that it i was looking better beter ver every y da day daj he lie had liati hal not bc been n In Informed In- In formed orme of ot anything that could be regarded re- re as a strike of ore The he report of or a strike In the property proper proper- t ty although lacking was as given gien cre credit lt for foi 01 strengthening the stock tock while the rumor of or a bond Is Issue Issue Is- Is sue appeared to have a slightly l ht dampening dampening damp damp- tamp tamp- ening cuing effect Sonic bome ome of those presumably well Informed on the situation were wor not hot at all nl f lightened by the prospect of ofa a n L bond hond Isue sue ho however e granting that luch such a n move mo had been contemplated S The company compau has shares of ot stock left In the treasury it I Is said sald un anti and the argument In favor faor of ot issuing bonds Is that the workings are arc so near tho ore that thal It would be folly foIl to let the treasury stock go at present market prices S lul ton S rn Whether the Sioux has or 01 has not broken Into ore Is Its position Is recognized recognized recognized as a very ery strong one It I is right In lute line lne for the tho southern extension of the Colola Colorados Colorado's os o's big big ore bOd body and even tho those o Interested In hn having haIng II that ore orebo body bo o f fault out of ot Sioux ground round have ha c completely aban abandoned one the thc the theory or that there is an any such faulting fauling It I already has hns accomplished a lar large e amount of development u t work presumably on the right Tight lines hues and If IC It hasn't the ore no doubt Is entertained nt that It Is Ii merely u. u t matter of ot further extending Its Is workIngs workings work worl ings to get it H. H Encouraging conditions con just encountered In the Iron lion Blossom are ure taken to mean menn almost as much to the tho Sioux as the they do O to Its Is neighbor for tor If the vein veinis 1 is picked d up In iii JI the lion Iron Blossom it itS S makes makes It i virtually sure that it I extends J through Sioux ground ground Th The Thc small smal cave cd rOn nom la h on t HJ levoi th U using L been cn extended 80 Bitor Bito S t Ia r S' S toot l eastward from rom the shaft While It H IB 18 j not ct yot ot t own t that ore has hal been Leon encountered r l there It IB Is known that l the drift Is Is- In tho the manganese formation VI v Invariably leads cads a to ore re In neighboring neighboring neigh neigh- boring ground so tO that the situation IsOne Ison is isone on one of or great greit l encouragement ene |