Show COLUMBUS BORROWS MONEY Late Lat yesterday afternoon the he directors directors direct direct- direct direct- ors o of the tho Columbus Consolidated Mining Mining Mi Mi- I nin ning company comp got It together and decided to accept accent a proffEred loan This will I eliminate tho the necessity ity of calling upon tto shareholders for an assessment an anin and andin andin in in the meantime development work in in inthe inthe the property will bo be push pushed tl to an early conclusion lon Manager Ton Tony Jacobson has lies just returned from an inspection ol 01 the tho mines at Alta AHa and reports the tho drift from tho foot level leel in the Columbus Colum bus has bas been sent eDt out feet in in the drive across the country It will tako until about July Juh before the tho remaining too WO feet can be completed aD and th the connections con con- made with the ore body that was uncovered in the tho prospect shaft t at ata a depth of ot feet from tho the surface By the time that the connections are mado made with ith the tIe new ores it is is anticipated anticipated antici antici- p that metals will he be a advanced Yan ed in price price and in that event o the tho mill will willbe willbe be placed in commission aJ again lin With the tho high grade concentrates that can be forwarded to th the market this property prop ert erty will wilt quickly wipe out its obligations obligations obliga obliga- and h begin hin in to earn its regular div cli Tho The ores that have e been mined from this property are of a Yer very hi high h grade Jrade and a few low shipments would g- g give ge e ethe the company ample monc money with which to distribute to profits At ho tho South Columbus Columbu tanager Manager Jacob n reports a fine tonna tonnage o of high grade copper ores being uncovered The management is still sacking a portion of this product and Z nd one of tho the specimens mens mona exhibited in the local offices shows 8 tho the pre presence enee of 25 5 per cent of f the red rod metal This ore is making toward the end lines of tho V O group being within feet of that property Mr r. r Jacobson feels confident that ore will be bo found in in the tho Wedge properties and is is cYer every effort to get Jet that ground opened up through the workings of the South Columbus main drift |