Show sioux co sinking the owners of the phoebe S claim to the north of the colorado have started to sink a shaft the claim is a part of the sioux company s holdings and senator reed smoot noot sr of provo is one of the heaviest share holders the shaft is now down about 12 feet and an order for ma ina chinery has been placed the hoisting plant to be similar to the one in use at the carisa A N holdaway who is in charge of the work says that the company intends to drop the shaft down to a depth of or feet and as machine drills will be in use thia this will not require any great 4 length of time mr holdaway says 10 that the water from the old gough springs near diamond will be piped through to the phoebe S and also to the property upon which the iron king co intends to put up a hoist ing plant at once the gough springs are owned by the sioux company and the iron king company of which 0 E loose is the chief owner will put in the pipe line for the le ge 0 of f using a portion of thew the water ater t the it bal ance to go to the sioux for the hoist which is to be installed |