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Show FEDERAL WILL SINK. Shaft on Beaver County Group to Start Down. Again. At a session of tho Federal Gold and Copper Mlnmg company's directors during the afternoon, a contract was awarded by which the shaft on Its properties In Beaver county will bo dropped down another an-other 100 feet. It having already attained, under a previous administration, seventy-five seventy-five feet. In their work It Is said tho former owners extracted ores of tlio value of about $100,000. that which remains on the walls of the old stopes, said a director di-rector yc3torday, running high up In sllvor and In appearanco identical v!th much of tho ore In tho Horn ivllver of Frisco. To the vacancy in tho board was elected G. R. Cleaveland, tho well-known' commission man. To Inaugurate tho now work In the shaft Manager Stuart will leave for camp tonight, while Director E. "W, Young will depart for Colorado much nleased with tho outlook. |