Show Ontario to Follow Ore to 2000 Level Within the next six weeks week the Ontario will sink on the ore on the 1700 and will wUl in all probability fol tot follow low tho ore down to the 2000 level It will bo ho remembered that at the time of the cave of the sh shaft t work was being prosecuted on the 2000 where vast quantities of milling ore I was exposed Since the cave the ground below the 1700 is in such bad shape it is next to impossible togo to togo g go through It it and it has been aban aban- A decision has been reached to o sink on the ore as above stated The Tho or shaft will wUl bo be started at a point 00 from feet from the shaft haft The ore on the 2000 was about that distance from the shaft so eo it is reasonable to suppose that it is le the continuation of the body now being worked on the 1700 and that the I new will be in ore all the way d down wn So Sf favorable are conditions at i ithe the Ontario and so bright is its future future futuro fu- fu ture turo and so healthy is the treasury Ia I I a 40 90 or 60 50 cent dividend will likely be declared before the first of July II SILVER ER Charles Gammon in charge of the United States assay office in Salt Lake has bas received word from R R. T T. Baker Daker director of the United 1 States mint in Washington that the tho government price of silver e is now 1 an ounce lUG BIG FOUR ILANT PLANT SOLD BOLD I Dreams of untold wealth which latar later lator la- la tar tor became nightmares of misfortune misfortune I tune finally were 1 da day daj by the United States district I court when it confirmed the sale of the plant of the Big Four Explanation Exploration j jUon tion Uon company Erected at a cost estimated es es- os- os variously at from to it will wUl now be dismantled ed and the expensive machinery sold in In job Joh lots to repay repay Y the new owners involved in the purchase iu in bankruptcy proceedings Workmen employed by the the Farr- Farr Electric Elec Elec- Electric company of Salt Lake Lake purchasers ers of the plant at ones will begin the wrecking of at the institution taking taking tak ing care to preserve the costly electrical electrical elec- elec electrical elec elec- machinery which was was the main object of at the purchase at court pro plO The plant was erected near Park City and Us its object t was the working of ot dumps and refuse from the mines and mills of various producers in that locality and extracting extract extract- lag ing by the flotation flo pro pro- process process process cess of ot values which were supposed to be contained In the cast off mater mater- mater mater-j lial ial ml I The venture which was promoted by Kirk k Level never never was a success success suc suc- i cess but the declaration of a dividend dividend dividend divid divid- i end sent the price of the stock to far above the dollar mark and the higher it went the more eager the investing in- in in investing vesting public is le said to have become In I purchasers When the stock was waa taken oft off the exchange a few months I Iago ago 12 2 c was the asking price with no bidders Bankruptcy proceedings followed culminating in the confirmation confirmation mation nation of the sale lale of the property Herald TUNNEL Word comes from Park City says saya an Eastern Mining l letter that the Spiro transportation and development development develop develop- develoP 1 ment tunnel being driven by bythe tho Sil Sil- Silver Silver ver King Consolidated to drain and andopen andopen andopen inthe inthe in iu open up a vast mineral territory the southwestern part of the district has passed through a tr fracture zone tone in the WoodsIde shale which required ed careful timbering and temporarily slowed down the work Now the tunnel is in good ground again andis and andis is going at the usual rate or about fifteen feet per day The machinery at the Comstock California property recently acquired by the Consolidate Consolidated ed la le being overhauled in preparation lion tion for the development and extraction extraction extrac extrac- I extrac-I tion Uon of the large tonnage of milling ore exposed In the Comstock work work- Ings Inge The mining of this ore need not await the completion of th the tunnel tunnel tun tun- nel net to the deep seated ore are bodies ot oE the Park Paik City formation mill milling l ing ore are Is jp Ip p the b the tho water waler level WORK COMMENCED This week work WM was commenced on OD the crosscut in the Anchor tunnel to connect f with th tb paly Pal West shaft Ih tt Something fiver ov over r 1000 feet will have tob tobe to tob b be run ruu t to lo nl m k Connection This Thle crosscut lH eat it the h. h shaft abaft it t. t a cat depth of nearly feet It will wUl greatly facilitate development work and will wUl furnish an easy outlet for tor forthe forthe the milling ores to be worked at the Judge mill milt eliminating a great expense ex ox- pense ense and avoiding all future wat water r trouble which trouble which was always an expensive expensive ex ox- pensive problem at the Daly West Westmill mill The new management is going Ito to make a big property of ot the Daly- Daly West but it is going to take some roads to be marketed CROSSCUTS Frank Westcott secretary of It the Silver King Coalition was in the Park last Sunday looking after bu business b business bu- bu siness matters ot or his big company The returned to the city in the afternoon I George D. D Blood came up from Salt Lake Tuesday morning and visited visited visited visit visit- ed the properties with which he Is isI c connected Rapid work is being made on on both drifts of the Parl Utah Park Utah toward to ta- to- to ward the known ore at the Judge the usual satisfactory conditions conditions conditions condi condi- exist I News from the Nelson Queen over in Elkhorn district in tho the eastern section of Park City is of a decidedly decided decided- ly encouraging nature and every in indication indication indication in- in is that a steady producer is going to result Much ore are has been uncovered and according to Manager Jinks Nelson considerable good grade ore is la now only awaiting good rods to be marketed t. t i h hi I Reports from tram the N continues continues con con- i encouraging Ore is being I raised and marketed right along andI and I t the i l condition o of the mine Is L improving improving Leaser Fisher is now no driving a cr crosscut on the th 70 to cut the ore body that was found on the and with th the c tUn off t the same which seems a a. a cert certainty the stock stoc-k should have on inn ii JW wAid rd te ten i dep i cy The Isa Is Is a t mine l i if it the company would only aw Make awake k and n ri systematically open it up uli r. r I Superintendent Harry L Lee o tire the t King Consolidated woe was a a visitor vis i to to toI I the metropolis th the first of i the Week I Second class ss ore re is just just justa a little e shy I. I these days days' at this property property b but bat i the die first class Is plentiful as s ever ever ir and I work is bein being prosecuted on on the King Consolidated holdings that will wUl goon goon- er or or r later take the big hig pro property properly orty over over ov er er the top when the stock will wUl soar ani the line stockholders rejoice Superintendent Super Super- Superintendent Lee is doing great work thE thine days and good results are trin r Jim Bryne and LaP LaPage ge were were visitors at the Iowa Copper Iowa last Sunday Sund y and were more than pleased with conditions Because of the bad I roads no attempt is made to mine theore the theore theore ore exposed and all work is II being I done in the shaft which is il now down feet from the tunnel level i Week before last a three threefoot foot bedding of ot fairly good ore was wu penetrated by bT this shaft abaft and this week another bedding bedding bedding bed bed- ding was waB cut of higher grade ore but the thickness of ot same has not yet been determined As All depth is ia acquired acquired ac ao- better are the conditions condition and andone andone andone one of these morning the Iowa Copper Copper Copper Cop Cop- per is il going to jump into fame tame The Ontario Is still sUll opening up big ore ore re bodies on the lower levels levell nil and is ia leading as regards tonnage the rest relt cf of t tb e mines mine in the camp The work under the direction ot of Frank man on the lower levels is making the property properly more valuable eer everyday and the work of ot the leasers on the tho upper levels under the direction of ot Dick Pelton continues continue to told a abig abig abl big bl profit to the company and in in in- creasing the exchequer of the leas Irs This old time producer and tact divider payer la to i destined to attract much attention at at- tendon during t the e present ye year year- yearA A new machine and an blacksmith shop Is I. being b erected to better botter facilitate pro pru- grass gr gress ss SUt l Ontario Silver King Consolidated Silver BUyer King icing Coalition JO Daly Dal Welt Judge M. M S S. S V CI 85 5 90 0 Judge M Af S S1 B. Co Premium t i 1 J fitl dl 1 S. S CoZina i. i r. r d l 4 4 r t t 1 Tot Total Tool l It a As i |