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Show NEW CROWD TAKES CHARGE OF COLUMBUS CONSOLIDATED TOMY At tM annual meeting of stockholders H the Columbus Consolidated lata yesterday yester-day afternoon. A. H. Cowla, Charle A. Walter, w. O. William's. L. A, Jeffs and C. H. Gtbba wara elected directors Tha director, organised by selecting Cowla president. Walkar vice president and Wllllame secretary and treasurer. Jaffa and Walker aere lha only membere of tha out . directorate re-elected. The Jacobson and McCornlck interests, which have had representative! on lha board sine the compear was Brat organised, voting onlv about "i."" shsres. while the new crowd voled ISI.ixm. Tha meeting meet-ing wae conducted hsrnioiilouslv, and Hhi new officials will take chars of the property todsy. H. Oll.be Is slated to take the management of the propeity. Retiring Manaaer Jacohson auhmltlrd the following the Itnanclal statement enver-p, enver-p, the period from June I. 1I. to April U. Ifll: Mina Operatloni During tha peat fourteen months the company hae produced !r.'l tons of flret-r.ioi flret-r.ioi ore for which we re-elved tha Bum of J.?T.l!-nt alwa-taea Inns l enai centratea for which we received 140.. HuM. The leaeera who have bvn operating, for tha past year have ehlpiied I'lti tons at a crosa value of $2.&o5.4" upon which the company received a roalty of one-third of the net proceeds. There haa been 4500 feet of development develop-ment work dona In drifting, raising and sinking. In this work, nothing of any coneo.uence haa been opened up. The best showing we had wss on our too. foot level In what call our Eat Krlft. In th a drift there was conelderable work dona, and In the opinion of tha management, manage-ment, we were Juet getting Into a large ore body which would be ea.t of tha big i ' fault at tha time the mine waa drowned uui. Thecaoee of oar being drowned out are that during the month of recember tha weather was extremely cold, f reeling reel-ing up the creek to such an estent thst the &a'r unnlV nt th. nower ftlant WSS -hut off ' When Ilia weather moderated sufficiently to give power enough to operate the pumps, they were again put In operation, but the water had risen . iho't'' twentr feet ahove the 400-foot . level, and before It could be lowered the rumre ned sprung a leek end caused a short circuit on the motor, thereby put- . tins It out of coniroLelnn. and we were not s ile In rea-h Ihe level arntn with tre eo.ntr.ment that we had on hand. The directors have since let a contract for the unwateting of the mine at a etlnulsted cost of $M0fl. The contractor will have the pumpa Installed and they wtll be In operation within the next ten dsvs. and ha eavs thst he will undoubtedly undoubt-edly hs -a the. water out within thirty dsvs and if he does. It will give Ms a rbance to continue our exploration work no the 400-foot level, where we expect f. set some rood re. nils. The comiianv I. still In debt $26 flnO nn a note to Ita bankers, aa may ha seen In Ihe financial atatement. It mav not be necceearv to levv another aseement at on. a unless the bank calla for the monev . but if It does, a tei-reti aresment , would clean up the entire Indebtedness! of tha company and pay for the pump-rng pump-rng out of the mine, hut we are In horee of reaching the 4eo.foot level before thla will be necessary, and If condition, are aa we exrect to find Ihem after hiarting hiart-ing the h lea that are stirnosed to have been drilled Into the ore body In ths East Drift on th. 40.foot level. It may not he naceaarv for an additional assess- m -nt. Tha company Is not doing amvfhlna at the nreeent time In Ihe way of develop- I went work, hut there era shout twenty j tessera operating In tha old worktops shove ths tunnel level and the revenue we receive from them and tha anle of ! Power will meat tha present expensa of j operation. I Cash Receipts. Crude ore Hi:! tons) 41.M7.1 concentrates (1800 j tonr 40.140 M ; . Leaeera' a r a l"9i lone) .. li.506.4a ! Aeeaeamsnta Koa . I 4. 6 12T.1P2 14) I Ssle of auppllea. J poa'er. etc. 21,727.6 j , rfenltsl deductions, deduc-tions, rant and tel toll. 1.544 48 Arnunta receivable receiva-ble MS9 01 Miscsllaneoua .,. t. 416.1 I 170.I4S 11 Ciah Dlborsamenu. Paid bank aver drsft of Jsn. 1, lia I It 1416 Supplies 62.744 41 Pev r.ls ... .. saitoiS Id to Laasara. 21.374 04 Ore hauling .. .. 14. .176 43 General expense l.o.I e Laal expenee., 1.051.15 Office expenre.. 1 800 7a Paid on note . '65.000 0 lnsnraacoon tsxee 6.114 24 Inte-est 3.404. 63 Stalonary a - panae 5U 11 Trave.lna talep. and tehht. ex - psnsa 1.414 M Account pay able ... I t4 54 Mlecellanaeua ... 1114 :i TT.14.n) Caah m dapoa - I W.1L Arae-ta. Cash In hank . I tl S'lpplies on hand ISOOO.A. Mining property 1.143. til 4 Improvements aad machinery 147.441.41 Treasury atock (I4 4XJ share.). 63.1100 Account recalva- bia .. 3.121.36 IHH.42.W LUbUltiaa. Capital atock . ,tl,6oa an n Profit and Ine.. Xi S1 la Note payable... 25000. 0 Accnuata pay- 603.M ll,al-426.M ' CHICAGO PBOOTJCE. CHICAGO. June 7. Butler steady creameries. 17ajie: dalrlea. I64IV 5Cgs aieady: receipt. I5.74J rases- at mark, cases Included. llOlltc; firsts. 13c: prima firata. 14c. '''; eaay; oaldea. lltl!c: twins. h?!l?. 1,it'y""Amr'c"- "ICriltc; long |