Show A MILLIONDOLLAR COMPANY New Organization to Receive and Operate Ute Columbia Mines Within the next few hours the cop perbearing properllefi of the Columbia Mining company at Blngham will have panned Into thu cuatody of a 1000000 I hogs the new organization to which they arc to be transferred to bu launched as the Ohio Copper I company with the main oHlccn In this city a branch tit Dnyton 0 the home of the wealthy syndicate which IH I mailing out 225000 for the territory without reference ref-erence to dims that will he applied to equipment On Thursday nfxt the pur fhnMng syndicate onld MaJ Herbert O CaltroW who come in from the East yesterday morning a second payment of 40000 will be placed to the credit of the vcndora With thin the new management man-agement will take full posHeaslon of tho propertlcK that have been so intelligently intelli-gently opened up to Jute by Frank B for time new crowd has been practically tl directing operations since the payment rUleelnl opcrntons In September of 10000 as holdmoney Seltumhel Concerning 1 the equipment ot the prop ConcernlnS he said yesterday city MnJ Caltrow sfld ifnJ in those from had received assurances flOI control of the Dewey Slrnces mi that Il will be turned over lo the new company about hI tUln the middle of tile month and uhout the foundation a concentrator capable upon n pablo of tIme Columbias requirements lalle ll behavior oe With the hehavlol will he reared lh the properties since the negotiations were clinched by a 10000 payment 1 the I I Indeed I Major Is very much pleased ndeec of the best quality of ore in the history qualt since their development I has responded that date while results at the ilogeis those continued to emphasise mill have COl tnued achieved by Manager Cook |