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Show MINES AND MINING. REORGANIZATION -OF THE ALBANY CONSOLIDATED AT TINTIC. All Debts Incurred by- the Old Company Will be Paid and Money Enough Raised to Continue the Development of the Property Local and General. Work will ' be resumed this week on the property of tho Albany consolidated, now called the Columbia Mining company, located loca-ted at Tiutic. An ageut of the company left town yesterday morning w.tu the neccss-ary money to pay all bills and havingthc authority author-ity to hire men and strt the developments where they were left off three months ago. The company secured a lease and bond nearly a year ago,- on numter of claims known as the Belcher srroup, located south of the Centennial Eureka. On this property considerable work wa done until about three months ago when everything was stopped ny the inability of the company to pay its bills, and the raiue lias been closed down e.ver since. Recently there has lwen a reorganization reorgani-zation of the company, more money ha been raised aud the company's arent clianis he is able to jro on with work and par for and also that lie is in a' position to pay all back debts due for labor, supplies or machinery.. ma-chinery.. TODAY'S OKE RECEIPT?. ifhtf. Ton'. Vn marked 23 Ontario 150 Total 1.5 Completely Iralned. The Anchor shaft was drained of all its water more thnn a week ago. Since then a number of men have beeu put to work cleaning clean-ing out the old stations, levels, etc., and in rc-tirobering the shaft to get it in condition for running care and the resumption of sinking. Wbcii these thins sre done, the shaft will be sunk to connect with the drain tunnel and continued with three shifts. Plenty of Ore in Dugway. i Sam Gilson is in again from the home of the Buckhorn, bringing a carload of ore in with him so as to have some money to help along his political prospect?. The Buck-horn, Buck-horn, at tbis time, is not being worked to make a production ' but to gain depth so as to prove whether the ore extends down or is merely a surface pocket. The r-haft is now 100 feet deep, but the vein has been left off to one side and will have to be reached by a crosscut. The shipment which he brought in with him came from near the surface, where such a big bonanza was opened last spring. Mr. G!son has done considerable work on the lead belt thia fall where be says, he hss opened some of the greatest galena and carbonate car-bonate mines in the world. But those mines re all idle and will continue so until their product can be shipped OTer a railroad. Local and General. All but four men have been let out on the Vespasian. Grant Giltett has been made manager of t$e Lead Mill. The bullion and ore receipts into the ciiy yesterday were $29,610. Sam H. Nelson, owner of the Bangor miae, Eureka, T.ntic, is in the city. Two hundred dollar ore is being taken from the Trinity No. 2 at Bingham. Two cars of ore sold from tho South Swansea yesterday netted $ 000 each. Fifty men have been laid off of the South Galena because of tbe low price of lead. The North Star mine at Park will work all winter and regular shipments made from it. Ed. K. "Watts, editor of the Bingham Bui frtin, is in town on busine&a connected with his paper. The Lead Mill was started up again last Thursday, after hajing been closed down for several meeks. The Last Chance mill at Bingham, which has been shut down while undergoing some repairs, has been started up again. Miners operating in tho timber line districts dis-tricts are expecting winter to Jo?e in on teem any day and are preparing for it. Jerre R:chardson is evidently doing well on his lease of portions of the Crescent as he makes sbipmento of about COO tons of ore a month. A two foot vein of ore assaying from $300 to $500 a ton wus opened ia the Fairv'.ew mine at Bingham laft weak. The property is owned by Heath Brof. of this citv. Tho Jennings Bro. are driving a tunne! on the Yampa in Carr's Fork with a double shift. It is now in over 400 feet but still has some distance to run before reaching the vein. Park City people are most anxious to see the Mayflocr.Northland auit settled, as thern is a, inimer.ee amount of ore in sight in the property and it would be a large pro. duccr. Curbstone brokers in mining stock, are having a rocky time of it lately in more ways than one; but sorue of them claim to be making money, eyen though the times are hard. One hundred and eighty-fiTO fet baa been driven on the Petro cross tunnel, and which is expected to have to run 300 feet more before be-fore cutting the. main vein but small string-rs string-rs of ore are being encountered in the breast now. |