| Show I UT AHNS ORGANIZE TO BOOST CHAFEY CAMP 1 i Holding Compa y Takes Over Townsite and antI Several I Mine Options WANT OTHERS TO GET INV IN I Salt Lake They V They Say Should I Reap Benefit From Froll ReadyMade ReadyMade Ready- Ready Made Camp CampI I With tho the Chare and a a number number num num- ber her of options upon mining stocks In Chafey district as ns tIme the basis of the In- In i tho timo Salt Sl LIc Lake crowd which vent went recently to Inspect tho the camp has formed the thc ChaCey Investment com Coin company pany a 0 hol holding corporation with wih a nominal capital carlill stock of or fully paid Id UI up Fourteen of or the 18 Salt Lake men who visited tho the camp are arc stockholders stockholders stock stock- holders of 01 time the new company and und It ItIs ItIs I Is lt c believed that the other four foul would have havo come cOle In had not on engagements called them thorn away awaY before the preliminaries of or organisation were wore reached Time Tho directorate of or tho new company comprises John Q Critchlow Crichlow president president dent lont T. T E. E 1 T Oakland Cal vice Ice president James ChrIstansen secretary secre tar tary and treasurer 13 E. S. S Ben lien Hey wood Hc wood William Donovan Dono an Park Ity A A. A IL H. H Birrel M M. M S. S Darrow Barrow and mi C. C U. U Un Hay The Time prime object of or the tho organization Q- Q tion ton according to those behind It I. I isto is isto to 0 make mako Chafe Chafey essentially a Salt SaU Luke Lake camp It Is simply a 0 case tho they assort as us sort Port of oC tal taking hold of or a 0 ready made camp In Insofar as assured mines minos nr are concerned am and reaping tho the benefits to tobe tobo to tobe be bo derived el derl from its is era cra o or of pro production Jl Illch Milling i Orr Ever Every ery experienced mining man who visits Chafe Chafey said W. W II 11 I. I Tobin onor on on- of or the tho large larg-e stockholders of time the now new rew company remarks that he hc has neverseen never nO 1 seen scon a eaton camp of or Its Is age with so much work done one or one with such suel Important I showings s for 01 the amount of or develop develop- 10 moot ment accomplished Mining In oro ore I Is I done dono virtually done virtually from tile the surface turnce Not all aJ of or the tIme workings s are arc In shipping ore I t Is Js true but In lii nearly nearh e er every r mao case there is 18 a I great showing of or high high- grade rade milling miling ore Tho Time veins aro ro large the Lime ore Is la tree ICO milling and amid tho timo forma orma- orma Lion tion lon is In ever every way favorable for tor tho large Jargo argo deposits and high values continuing contin contin- to great depth Aside from rom tho the Black Blach Role Hole Ille mine mino time the the work worle In lit the time camp Is being done ono Jarge largely by y leasers The great t need of tho time camp is mills mis for treating the rela rela- t cJ Ively low-grade low ore which these leasers leas bias ors ers rs are arc able to turn turi out In largo 1010 quan quan- With Ith tIme the mills and mines running run run- ning ing will wil come time the need of or power plants an electric light plant llant and the time theman many nany man other othor lu business Institutions private private ri- ri vate tate and quasi public which such Ruch ac no- no call cal for or OJ It I is to sU supply I some of or f these needs as well wen as to ago go and promote legitimate mining en en- en es that our company compan has been Corme f And And it I is t by no time the Ion tion ton of or our OU compan company to hog things hog We Ve 0 couldn't corner corner every C good thing in I a the time c camp mp If lC wo we 0 wanted gool to to and wo we i realize that the tIme more outside capital wo 0 vo can cnn bring in Iii the time hotter hotel It Il will 11 bo 10 for tor all al Wo IVe c want to help i Salt Salt ait Llo e especially who aimo will lo 11 Lake tako hold holl of t an any ammy of or the ct enterprises ter needed thore there for or wo WU want vant to mar make o It m a n t Salt Sal La Lake Ice C camp Ull Wo Vo 0 I know now that It I has Ils Ins merit It I Is Js much bl bigger ger than an any I of or us who Imo visited It I had bad hal any ny idea Ilca of or its t. t being It will make 1 money on for 01 those who rime Intelligently follow Colow Its Is 03 fortunes It I. I. I du Firs cli iThe i. i The Time character of the time already here there cannot hut but hut be he an Important Im fac tac- tor 01 Or In the development l of ot time the camp The th he e citizenship Is made matin un nn of or ns as flue a class of people as malc ono one fn can meet any any- where and the undesirable element Is almost entirely lacking Owners of ot properties are conservative and are aro ro In In- In dined to meet fully tUly half hail haI wa way either cither hose those who want to IU buy prop properties out out- right or provide pro means menns for t them ime in developing dc TIo Black Ie mine owned h by ChaCe Sims Is shipping regularly to Salt SAlt Lal Lake ore that averages or very close to 00 a ton On tile the lay we were there thoro ho ho lowest assay obtained W Crom time tle face or of tilo to tunnel wn was a 0 toll tun Time ril Xo Now imal awl muil 10 one half feet reet of ore omo averaging u 4 a I ton toll whilo man many of oC time the have 0 fine ot of rock from rom roce 20 to 40 40 a ton A great site for tor a sie water Plant Is within in five of tIme tho camp and it I Is on only nine f e tl to time tho railroad The ROW now company compan Is ln for a a. banquet IH to he be given gl cn ronda night at t thc ho Culen hotel which Is to tn he be at- at b by 35 to 40 at- at I mon and mining IHen of Salt Lake This Is t tO hi b followed later Sal In tIle the reek weel ly another excursion to ChHO oC If which l i. large Jarbe number Is t to 0 take advantage af SI urk Curb Curi SteL A. A Co Cn hankers and rokers C West c t Second Houth street th following ov on their private wire Ire 1 HIgh I 1 Lo LoW I Close Cum um Ely I I 1 r l. l 1500 O B LIy Con 17 IS D. D 1 Cop t G. G G. G S t OO Soo 00 ev Utah ss Imn Sm I Xe 12 soo 1 1 1 GIroux S S. S Z 61 I s. s GOO K IZ HI 1 3 86 1 rum 50 I Ii N. N Cop IZA 11 De Boa Oon 15 1 GI Xe I ev Con 19 1000 Yukon n I dont I 93 1 GOO Miami 1 1427 t. i-t. El 1 Rayo Io J I 00 Cob Con I I. I Un flay Con I S. S 8 j j r Cip I James A. A l Co bankers r and G C West e t Second street furnish Ish the thc tur following received over o er their privat wire H I Low Cl I Close S e-S iSales lu Do Bos Con I 1525 n. n Coal 2575 I 2525 U. U and ana r. r I. I O 3 01 0 0 1185 C C. C amid A. A n. n Con 1150 5 7 Oi 7 C. C Hange ICI 1 7 00 5 Cum my Ely SIt S. S D. D Veat 1050 1050 1160 40 U. U Daly Daly lii E. Butte lute I Groux liroux S. S 8 S. S Granby 00 U O. Can 1175 1876 36 Ne Nes' Nes Con ISO 1950 t 1 I. I Ne Utah Utah 2 37 7 31 l 1000 N. N Dute Butte 81 00 00 1080 TrinIty 1100 1600 81 1000 15 Umi UI Cop 1460 50 Co 1 1 1450 U. U S. S rOO iO do pfd ped I 40 I Uth Utah Coni 1525 0 30 Shannon l U. U Apes Anex I 1 I 5 I. I d |
