Show STATUS OF TINTIC STANDARD DEALS announcement was made a 4 few days ago za by J will knight of the knight investment company of provo that the tintic gintic standard mining company had made its first payment on an option to purchase stock control of the colorado consolidated mining company in addition to this the tintic gintic standard company is is purchasing a substantial interest in the dragon and the empire mines mr knight said the three transactions will involve in excess of the latter deal consists of loans for which the tintic gintic standard takes a stock interest no part in the direction of the dragon and the empire mines affairs will be taken by the tintic gintic standard while at the Eo colorado lorado consolidated operating za policies will be determined by the tintic gintic standard for the time being according to president and general manager E J of the tintic gintic standard company there will be no change in operation nor no new worl work started at the colorado consolidated since the tintic gintic standard staff has all it can handle at the tintic gintic standard the eureka standard and the iron blossom recently acquired nevertheless there will be important work done in colorado ground by companies holding leases the sioux siou x consolidated soli dated company is operating from the colorado no 4 shaft in order to prospect a depth in adjoining sioux ground the mountain view mining company also has a lease on oil part of the colorado property while several other leasing leasin outfits are working in the mine the colorado consolidated mines company is capitalized for shares with a par value of 10 cents a share in the past it was ranked as one of the most productive mines in the tintic gintic district up to date the mine has disbursed COO in dividends a total that indicates its rich deposits must have produced ore valued at from va 12 to probably the latter |