Show r r MINES AND MINING EDITED BY F. F W. W SPRAGUE l I CENTRAL OF V rj TAKEN BY NEWHOUSE NE Dispose of Larger Holdings in Paying Gold Mine TO I INCREASE SE ITS CAPACITY I Engineer Johnson Will Wi Go Monday Monday Monday Mon Mon- day to Start Larger Operations That Samuel ever cr since I the decline of copper has been looking Is Js for or a large gold old milling proposition f well known In this ct city That he has wel found oun it w was marie made public only 1 he lie had out that day ilay when it Jt was given that 8 taken over from front tt IV Yo P. P an arid and M. M MJ I. I J. J OMeara oVO control of ot the Silver Siver Peak Mining company operating at Blair Nov c The bought tho property bought Spaniard years a ao o from car and they have over named a work doing since been heen that oun They un an that ot of OTC OC running from Immense running to 15 In gold and ha have 0 a a tenE ten ten- I E nn mill mU 5 on Ui thc ground pou pounding out the he yellow stul stuff i paying basis now a Tho The mine Is Js on a p hut it 13 Is the tho intention of ot Mr Newhouse f 1 o- o othe the capacity or ot the to in at t once onee Increase mill to OO tons a Q da day and to Increase e development activity Pr proportionately P re li M. M L iL lL Johnson chief of ot the tho engineering stat staff will go 0 out Monday wl to fake take charge of ot the thc mine The stock stockis is to bo be listed on tho the Salt Lake Lako and San Francisco exchanges s and a Q limited amount of tr treasury st stock ck will be bo of offered ot- ot ered to tho the public ul Tho Tile O O cra Mcara brothers brother are aro to remain on tho the company's com coal COn pany pany's board of ot directors The Is la a a companion proposition prop prop- to te the Sliver SU Peak which otton is operating a stamp lOO null mill mU Tito marked z success and It goes without with with- wIh- wIh out Iut saying that Mr will wU soon on have his property property- In iii the tho first class as a production The office of or orthe the company will wil bo removed cd from Ton Tonopah pah to this citY W. W Tonopah P. P 0 OrM M ara ra I last st night of the tho to transaction said sid that it It showed plainly that tat no difficulty is encountered in placing Ne ada Nevada gold bold mines of bt merit merit While he de declined to make public tho the price paid for the mine he Intimated that he and his brother were not In position to have to sacrifice so ro o valuable holdings |