Show fi mining matters aasc ar sc ehg YORK manager mcgill and director 8 blatt of the new ai ork bonanza company were in salt lake last evening in attendance at the monthly of the meeting company reports were read and urual routine business transacted ac cording to mr the mice is look ing better than it eer afore lacked and that the condition of the property is indeed very satisfactory IB borne out by the fact that another thirty fie ton shipment ol 01 first class ore waa made this week montrola Con trola are not yet in from this lot but conservative estimates indi cate that the receipts from the shipment will be greater than any before made the property was inspected by mining experts this week and they were tree in saying that the allowing was as en cou raging as could be wished or in view of these opinions which are the same from everyone who sees the mine and the fact that the mine is shipping high class ore we advise that all park city shareholders and there are a great many of them bold their stock and not sell out when a slight advance in the price is made as such unloading of stock adds to the I 1 eions and uncertainty of the market the stock of the lew company Is being manipulated by the salt ladt brokers and thus a rise or fall of a few cents is no indication of any change in the conditions at the mine As far as can be seen at present the stock is worth treble what it is being sold for to dav and much is to be gained and nothing lost by holding on to it THE the annual meeting of the columbus mining company was held in this city thursday a full attendance being pres ent the following directors was elected for the ensuing year dr W A me koerv james farrell dr D M lind say john paradise and F A bird the propos tion to make salt lake the headquarters of the company was adopt ed but the proposed change in the articles of the company intended to make the stock assessable was not car ned after the organization of the new board arrangements will be made for the commencement of active operations at the property in the spring the corn pany s property consi ts of seven claims lying in the blue ledge district just north of ane superior group a very good locality which gives promise of coming to the front as soon as a little development work has been done I 1 the comstock Com management is acx bously awaiting the arrival of the new compressor plant and air drills mean while ave feet per day is being made on the foot level and ind con dinue encouraging the new engine for the ferry hancock property arrived this week and is now being taken over to the mine other portions of the new equipment ire al ready in place so that everything for the commencement of active work will begin in the very near future A new cable la to be placed on the silver king aerial tramway next week the one now in use being almost worn oat the cables do not need changing very often I 1 however and the tramway a whole needs but little repairing ha proved a very profitable thing or the company since it was installed and ls also saved them much rouble and concern in the transportation of their enormous output of ore A fine stretch of very rich silver ore has been uncovered red in the silver bell in thames canyon and manager sonn decker is more encouraged than ever h the mine condition the new fil was made in the drift which is now being rn fifty five feel below the tunnel level to get under the ore exposed in the tunnel and shaft workings the streak lound it is thought will lead to larger and permanent bodies paly west king 1494 kearns keith bew ork grand total stock on leal siw I 1 salt lake cita mining by courtesy of first national bark 0 thia city BID 2 60 14 50 16 50 7 00 44 3 75 50 51 2 10 2 30 |