Show SOLD OUT DELTNQVENTS I pocJ icJ iral > le Phoenix Capital Stock Wits Not deemed The sale of the shares of stock In the Phoenix Mining and Milling company com-pany of Bingham which were delinquent j delin-quent in the payment of the last assessment I as-sessment made by the board of directors di-rectors of the company were yesterday yester-day morning sold by the treasurer of I J i the company There were 31500 of r these shares and the company took I T the whole batch This leaves only I about 50000 shares of stock In the company which are clear vL It is now the intention of the com i v any to make connection with the 3 three tuunel levels in its group of snines t Bingham for the purpose of AXffording cheaper methods of ore extraction ex-traction The lower or working tunnel tun-nel Is now in 1200 feet and the face is J Very hard ft Is thought that therein I the-rein has been cut but no drifting has IRS I-RS yet taken place In order to expe i c r idite the work of connection the force i1 > rrr tll6 > B In the mines will work from Kjm below and above and just as soon j 0 rtus the work is completed ore ship Vjrnents onVvery large scale will com Ifnence uwrGprties of the com I c iLtY rhlch ticjudfe the arnell and 1 0 u V JJ 4 i 7 Phoenix are said to be looking very well and it is anticipated that the pro duction of ores will be heavy when once shipments are commenced I RED CIOID TO OPERATE This Camp Floj Property IiiHpcet ted By Its Ouncrs Messrs Hedges and Wickersham two of the owners of the Red Cloud which end lines with the Sunshine in the Camp Floyd district came in from the property last evening and report that it is their Sntention to commence operations on the property at once Samples of the ore from the incline now down five feet were taken and as soon as returns are received it is the intention of the owners ofth property to order the commencement of opera tions in earnest The gentlemen named spent a con siderable time at the property and made some careful examinations in order that they might be in a uosition to present all of the details to the other owner S B Milner The Red Cloud is looked upon as a very valu I able property and the owners propose to demonstrate just what they have in its possession I |