Show GOLD IN i r COLORADO I Ir What the Great Company is Doing i OWNS THE TEE WHOLE RIVER s I ITO J TO SPEND OVER FOR POR DREDGES S C r S K y one of the Ute directors and the tho local iO al 1 gal representative r of o the JJ I 1 Gold HoM Mining company gave ou particulars regard w nr the si great cat organization which ha undertaken to rest the values from fromI I he golden sands of ot the Colorado river ith Uh which the th public up to date has bas be n in almost total Ignorance The company Is composed compo ed almost ex exI c I of New Sew York capital Mr Kin Kinn n y and Major Maor ajor R It B Stanton its pro promoter moter in tr and manager being the only two stoe stockholders 1 L The company compan is d pi for represented in inD Int D t 1000 shares sharr of the par value of ot loe a h li and since cince is hs organisation no DO less I ss J than Ouo has ls been spent in in ground round and dredging machinery nery atI a if the great reat dredge which a letter letteri i 1 mm run Manager Maner Stanton received yes yest tr t Lt la ad was ready to go SO into i in mission proves a success no less Jess than more of them will ill be he built builta a S as noon oon OR as aa material and machinery can canIK canI IK I 1 Th iIi dredge just bulk buIR cost anti ami amia am a b ht rate the company will wUl have ex ox exI I j I by the time thee its Us equip r r is complete particularly as it is intention to rut run them alt all by b elec elect t u supplied from a central centre sta stati stat ti t n to be operated by the waters of pf the ther ri r r The Th dredge which is now sup supT T TJ t o d 1 to t be at work contains tons tong cf r P machinery lIl ry including six gasoline lIne en engin ent gin t fl with an aggregate of over OO li A io power p The Th buckets attached to tom th tho endless m liens belt weigh one ton each 4 Ii 1 rid nd are capable of handling from 2500 T li t cubic yards of ot gravel per r day da ti ii FlY men operate the machine and andos 1 os 1 long ln ong as R gasoline is used the c i d i lost ost of handling the gravel is tOe lOc t tn I lie 11 1 l per P J r yard When hen electricity is isI I the cost will wilt be reduced to 1 uL C per vet yard ard ardyth H ith rh the exception of here and anti there therea I Ia a daim owned by Ben lien R n IT Hue Bite and as asand lates and the Good Hope Placer i the company coy cov co c 1 i s yard of the Colorado river fi nl nj above Dandy Crossing Cros in hl Gar Garli li Ii til M l county down through h that tha and the i unties of ot San Juan and Kane in inI InI I 1 ah tah i h and md Coconino county LOunt in Arizona 0 i t fa art lt t which Mr Kinney says should l t p r prospectors from front spending their II I StiLl antI substance sub tan in n braving the theL L Ii J i incident to going down there and art back to k to say sy nothing of the time thrown ti fl fl away Innumerable f n tests t made b h boring into the gravel grav 1 bars have haye that t y run from front five to feet to 10 t druk and an the values run from froni lc lOc lct 18 t tn i and ov over r per yard No attempt hd hi has s teen len made nade to approximate the aver ag values alues which may ma be expected ft fL im Jm the gravel but if It R its to i found to be he bea beC a C 1 much even as 50 O cents a yard the theer er Gr i r it at t machine now DO in commission cummi ion wilt will grind g cut not less than 1250 per day and au twenty such machines would pro proU U I per pet day da or per ni mh The Th possibilities of the undertaking die u 1 I so O vast that to contemplate its s1 i cess and success Mr Kinney be believes b beI I rS is 35 a practical certainty is to see sei seiFU FU HI n II 1 a steady stream of gold now in the channels of or circulation as no notion noI I ion tion Ion on 00 this continent ever witnessed ed 1 Fron Pr u now on oit advices will wilt be received J rn Manager Stanton at stated inter interI il I and the with bt he h IS 13 ISTo isI r To i t ting ling wilt wilf wit b me v 0 ier has been bothering at fit an uni unx x p JH I i tt Hd J time and t is pol bl Mr Kia Kil KiaI KillY lY I sa dy 5 that not Dot a great l will VilI be hed for Cor a v h Th TIe T Ji iI 11 i all aU the men m n it nc l and it would w uld V U L olish coUsh ml l to b t down dawn d dawnI wn th re J I bins jn f r work |