| Show Edited I r Mines and F. F BY DW W. W I 1 Sprague I i i. i PRINCE Of WALES MES 1 IS Famous Old Mine of Alta Is Bought Out by Fred Schrott Fred Frail I 1 L. L Schrott the Lucky Dutchman Dutch Dutch- man has made good again again this this time timo Prince of or Wales ales mine In in ii tha th- old Alta AItH which in the ear early days das madeI made several millions of oC dollars for Cor the tho I Walker alker brothers But Dut Schrott would hard work more probably coitt contend that than then luck has had to do with his plc present success Something moro more than thana lease on a a. ear ego eo he was granted a year the old lId r Mine ne Since that time ho he has been burr twiner for ore battling with Now ow he ho has nothing saying snow an and auth the lar largest est producer in tn the Alta Ala dl district the term terni of ot the lease has been it has been made extended three years ears to oer o two thirds a of the Prince IrInCO of ot Wales le ground round and six adjoining claims have hn boon lIeen taken over 0 as ns the further ba lasle bals I of ot the corporation the corporation the Prince of or Voles Mining company whose capital yesterday Increased from Irom stock block was 1000 shares of ot the par value of ot 1 a haro to shares par ar value 25 cents a a. share Ii In an inclined shaft which runs Under under under un un- Schrott has der the old workings working's opened lI d a shoot or chimney of ot ore six Ix op feet teet thick all of or shipping grade A force of or eleven men is 15 at work In the tho ore and shipments of ot several se wagon- wagon loa s are very cry day sent down to the sampler The Tue mine Is on a paying b basis ls now and an extensive campaign of development and improvement has hns been a a. a t tunnel to explore ox- ox both old and new ground at much greater d depth than has yet been attained and the building of or a n mill 1 to treat trent the second las ore with tramway tramway tram tram- t way from rota mine mino to mill and l loading Sta tion I The mine is Just juat over o the hill bill from Crom of at the tho Utah 1 the old aId Black Dlack Boss BORS mine t sc Coalition Mines lInes company compan and is near th the City Rocks and Continental Alta s properties It was one of ot the famous of at tho the pro producers of or the early days camp when only the surface ore oro de deposits deposits deposits de- de posits were scratched The Tho present I management is conn confident dent of oC making It one of at the big producers of or tho the fu Cu- Cu I ture Officers and directors of or tho the Prince of ot Wales als company compan are arc Fred I L. L Schrott president E. E A J A. A Lirey secretary secre secre- Wry tan and treasurer A. A I r. L. L Elggren A. A J. J Elggren and L. L P. P Hill |
