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Show mm to neral Manager Gibbs I v Goes East to Complete j Financial Details. r FVtr tr:A purpose of roriiplf!itn' Uift final 1.-i;tlrt r:l:i 1 1 v to I ito. uu.i nin of t h .'n ?Arh M t np comp.'in v In''1! 'font to Irtvintf tho bit? i-aiiviK! anil transport;! -Mrm t' t nun n n-i iiKM-e.ifli nc; iho powor jinn, O. H. fllil-H, pneral nianaifftr of mfi "oiiipfiny, h;if kthi t N'w York "ry. tu-fnrn Mr. i:bhn ontllnM a. 1 1 !i Ht. h 'X eimivft est n i p;i ln of ilevt'lopmnnt i-.ork On thft prrrp.-ri whlWi I.- iociiif) : in thfl ,ii.Uei Cot ion ,vooil x rift. This ( 'j-ork 1 tr t-i fUuruvJ in t ho: ri'-ar futinu. ' .; A (''(r'Mntf to Tho rfporlH l-i-c-lv f.i from ' thf froi'rty y.i .my1;lv . ire n'.v BtrikO i f tn tjhn wt end nffli tliri No. 2 .slope i j; ',inpp. uK with ri-vr-lrpinf nt. ! I Thrt V-lsr riralnace anri i ransporla Hon ' t'iiini'1 viil b nooiir Vu) jt in lMig"ih e rnl uill fUHrfprl oti i ho rMri'riiH Houth-i.''Hi"rn Houth-i.''Hi"rn poillon of the prnpt-rty, whffh wnrnlnH fi bnn . 000 a 'TirM of mineral Izti 1i -on rid. 1 r. k I !1 l-e driven north fiO d?-Ki'i d?-Ki'i ent an1 will jrlve an additional d opt it bolnw thf 400 -foot Jevrl of about fpot. It v'lll drain prart (rally all of thii territory of th rompany, as well as h mmihpr of the adjoining minen. Thfl onut of Tills Tindprtaklntf tv't-fl bn f wtbtifi i fd to bo a hout $rt00,0Ci0, mid the ii'vwirv funds to puah. t)i work to i -'ocipP Mon lnue hpfn provided. Tlie i ''iwnpkM Ion of rhfl tunnel, bMes soMns: Mi piol.l.-'in of p'implny tlia,t hits con-nonfd con-nonfd all of the dee-por mines in ihf diMtrtn, will alno wilv tli prohlrrn of working prntlr-allv all of the larger inJneM tnrouehout the ynar, regard lej-s of the weatrmr -fondltlond. ft Is iindnrmorM-i rhat tbre will also i'n const met er) In tbe d 1st rff t a n aeria 1 ' iBmv;i y which will pa?s t h p port a 1 of lhe proposed tnnnr-I and wbieh, when completed, will connect with the railroad ' I'lUJling point. J I will thru he possible to eiid out ore. by thifi means thromjh-; thromjh-; our t J-i o year at a mm li reduced cont and i also to take 1n pmppUes. I In nddMlon to the drivinar of tho 1on- ne and the xintnrtlon of tlie aerial tnimwav, the Vrtsnli:h. "Minos company will also lneroaso the power plant. This i I:hh heen fontnl nei.efsary, (hie to the ! I'ortstn.nlly growing demand for power y tbe numerous eonipnnies oieratlntr in ihe district. The company has recently hmtnlled an ndditional compressor and i ruin now under construction ;!ono feet of a new pipe- lino. |
