Show ast st tintic gintic dev meeting of the directors of the yil t gintic tintic development Deelo pent company compan at pro 0 ou on tuesday it was de ofed to close the mine down tern tent I 1 raily rily 1 and at the same time an as if 5 sP 1 of I 1 cent pr share was 1 trued tt is understood that the has an overdraft at the bank unis h t time me and nd that the money from 41 t in I 1 it and the mone money y from carloads of ore which are yet to b gett fed for will not only wipe out U indebtedness but place a surplus 1 1 an jars te t treasury 4 for i s i oral eral weeks the officials official of i tintic gintic development corn cont pi y have been working to bring at t a consolidation of w I 1 the eureka lily pro 0 and the r king groin grout d and it is under 1 that the failure to swing this is 9 what caused the clo closing aing bf the in 3 letha 1 4 tb management being adverse isy developing oie ole bodies for these OT mothr 1 aar r arager ager ralph kellogg informed f teporter reporter the other day that it is mathan r toan likely hat that the mine will bein be in ojie operation ration against athin sixty daa da a hrobat during the time that ft fit is sl I 1 fed a block of grout the j i 14 levels will be burled turned ovar j belh r AX 6 ufa tv ner 1 ree rec receil etl shipped from this block of ground and an d there Is still sufficient ore in sight to make male leasing profitable the eureka leasing company own ing a leace 1 upon the pro 0 property hasteen depending upon the east development co for power and the closing of the latt latter r mine has stopped work upon this lease temper airily but jamea james morgan and del roberts who are most heavily inter ested in the provo lease expect to make arrangements whereby they can use the hoisting plant and corn cona at the eureka lily lii y property and in this manner continue the work at the pro 0 |