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Show MERGER OF BRISTOL ANO DAY PROPERTIES HAS BEEN ANNOUNCED Official confirmation of the consolida tion of the Day and Bristol mines, out from Pioche, reached tbii city yester day. Fred B. WooMey, locar representative repre-sentative of the Nevada Utah company, com-pany, which owned the Day properties', received this information by wire from Krnest . R. WooJlev. who is in New York and will com west within a short time. Tbe new company known at the Pav Bristol Consolidated Mining company, com-pany, capitalized for 1 "."00.000 and divided into shares of the par value of $10 each. Of the l.OOO.DOO shares (issue, 800,000 is given to each of the j companies in eichang for its shares for the new issue, and the remaining 400,004) shares are placed in the treasury. treas-ury. It is presumed that some new financing is to be undertaken later on. as it is announced that extensive development de-velopment work is to be conducted immediately. im-mediately. The properties adjoin and n consid-sra consid-sra h I eto n na ge has been produced br nected underground with a drift tent out from the Day property, which will tap the Bristol 'at a depth of about 1000 feet. This is below the workings of tbe Bristol, which is said to have been opened up to a depth of about 00 feet. By connecting tbe properties all the or can be brought out on the Day side of the mountain and loaded on the narrow gauge railroad which connects with this property. Pioche district appears to be coming com-ing to the front in good fashion. Evi dence of this is shown in the extensive exten-sive operations that are to be under way within a short time. Ia the pTince Consolidated section of the dis trict a large amount of work is to be done daring the remainder of the vear. In addition to resumption of work ot the Prince, there will be some of the most interesting development at the Centennial -Pioche and Kaatern Prince. These properties are on the main Prince ore none ana mining men interested in that section will nwait this develop meat with considerable interest. Should Centennial and Kastern Prince prove up on the extension of the Prince cone during the summer months, it ia sura to stimulate the entire market. i |