New-York tribune., 1907-01-14
INNING NOTES.

syndicate headed by J. E. Bamberger, presi-
dent Of the Dely-west Mining Company. mas
quIred control OF the Ontario Silver Company at
private sale. It IS officially announced. The On
tario Silver Company's mines are located IN Park
City, Utah. and edjoin the DAILY West mines. The
company which has a capital OF sl50oo.5oo has
been OF the largest producers of silver in tits
country. the total production TO date being about
prior to that tie had disbuTsed about SIS 900 o5
70 Us stockholders The property has not been
owing 10 the low price for silver. and also on
count ef a cave-in in one OF the coTnpanys tun-
new owners intend to take hold OF the property at
once and to push operations as fast as possible
Tire TimIniDs Brothers have recently sold the
Fisher Eplet claim. twenty acres. In the Cross
Lake district, Cobalt for SS90600. This property
aijoias, the south. the Coleman claim OF the
Cobalt Coalition Mining COMPANY. The Coleman
of 400. held by the Cobalt Coalition company.
The Colonial Silver Mines reports that It's south
tunnel is in Jos feet the north tunnel l23 feet and
the west 43 feet. Ore running 500 to the ton IS
force Of seventeen drills VIII be AZ work the lat
ter part Of the month.
The stockholders OF the Old Hundred Mining
Company have received circular letter from the
management containing the following telegram
from Manager Davis:
Struck splendid body Of No. l shaft. No.
tunnel; assays gcId four and seven-tenths ounces.
silver nine and eishtysix hundredths ounces, cop
The ~o ore sib bod rerrs 2et - en- S' besn
cut about fifteen hundred feet from the surface
The heavy oversubscription 70 the underwriting
OF the Cobalt Central Mines stock brought out by
Thomas Nevins 81 Son, the bankers. is ilustra-
t!on of the public faith in the legitimate mining
properties and Of the popularity OF the Cobalt
shares. After the books had been closed subscrip-
tions for more than five hundred thousand shares
were received by telegraph Friday morning from
the Cobalt and other Canadian points where the
1p-tvr fo HOF -
be issued Will go TO Canada for permanent invest
rneut. More than million shares have been taken
by Toronto firms alone for distribution among their
capital stock OF the company is S5,eooG92. and the
Is oered TO osa the public . IS paid
out on account of assets and s1.oo000O IS held in
pany owns 2o5 acres in Coleman Township. Dis
Big Fete nine is already in an advanced stage
conpressing plant IS now In operation and several
as 700 ounces the ton. has been taken out. The
nest ore mas peen ioq c yhe ootS1 Ct 'e a1S dns b
vein is constantly widening at that depth.
President Howell Kinds OF the Cobalt Central
Mines Company who returned yesterday from the
out o te Bg f9a pete k IF anyns @
bug b enT M haHe rge qgany q ore
already piled up awaiting sorting for shipment.
rardly as possible We viii have the first stamp
NH in 9peraPn IN the Cobalt o wnGh r w greatly s t
ship nstesd d of ore asg grfa & T9
ducing the frelsht charges ana increasing 'e ecOi-
omies of operation"
The 100000 Steptoe Smelling and Hines Com
pany controlled By the American Smelling and
Refining Company. has been organized by the cleo
ton of officers and directors. g. W. Eckels. pres
dent OF the Cumberland Ely Copper Company and
vice-president of the American Smelling and Re
fning Comrany has been elected president. and
W. II. Smith, Of Phiisdelphla1 q director OF the
elected vice-president Tbs directors elected fol-
low: S w. Eckels Carl Glets Edward Brush.
Willard S. Morse and Judd Stewart, all OF the
American Smelling and Refining Company; T. l.
Hermann of the law firm OF CTuggenheim, Inter
myer e. Marshall; w. B. Thompson, James Philips,
jr, and w Hinckley Smith. A one-haf interest N
the Steptoa Smelling and Zines Company Is owned
Cumherla Ely, ard tho other half interest
by the Nevada Consolidated
Following is the financial return OF the Batopilss
Mining Company for the year 1905. figures being IN
Mexican currency Silver bullion, H,4Soooo; co3cen-
trates 100000 ether income. $4,000; total. NS0c.
O. p. Posey, president OF the Nevada Copper
Mining and Smelling Company. VIII be in New
York the latter part OF Jeruary to consult with
New York capitalists regarding the erection OF the
big smelter which the company is to put UP at
Coldfeld. This snelter ia to do the work OF the
are such as VIII be needed in iuxing the highly
slicious of the gold mines. AS the properties
all the railroads. ores OF all companies can
be handled 10 great advantage. In the Parrot
property the Nevada Copper Company has cut its
60-foot vein at the 150-foot level This vein shows
on the surface for a mile the company's claims.
Leases owned by the company in the Walker Lake
district show 30 cent copper in an s-foot vein
One Of the most recent of the Cobalt mines is
the Crown Prince Silver Company OF which George
E Foster Member of Parliament and former Min