Show IS 1 LATEST rES PURCHASE Acquisition J of Gold Car liar Develop Develop Developments ments at lt Gibraltar Mines Rumors In regard to lo the time purchase of the time control of the Gold Bar by Schwab Interests have tal taken en shape and amid It i H is 1 now flow understood on unquestionable I authority that the steel magnate magnatE mag mag- nate through Don Gillies and Malcolm Mal Ial colm Macdonald hi his as associates in ill this thia district has haM acquired lre a thirty day option opton op op- op- op tion Ilium ton dating from Crom March 27 7 on G COO COu shares of Gold Bar Bat stock at all from Davis Lous Loftus Sherman Sher Slier SherI I moan man Ian of oC Gluten and ant Mac tIac- Macdonald donald are arc offering 1 1151 11 GO lot for outstanding lug ing stock tod whicH considering ering the cont con con- Irol t ol and the amount of stock held hel beyond be he- yond this timis would place th time the tran transaction If on orm a cash basis of fays says the time Bullfrog Minor Miner I development progress ress at t atthe the time Gibraltar Superintendent J. J P p. Nelson on states stale that tunnels IR 1 1 2 and amid n 3 are In respectively ely r ISO IGO SOO and ant fe feet t un and that the con conditions llon al are hl highly high high- hI h- h I ly lii satisfactory The Clo crosscut on No o. o 2 I Is In III thirty lilt feet teet with wih ore the tho distance Conn Connection In iii ore Is being static made between levels 2 and amid ant 3 3 and the shaft on omi time the Lo La 10 Rol Itol Is 11 now down forty five ort feet eat tl t. t A f fool loot 40 hols 10 power ha gasoline hoist has been ordered lor hu ii this shaft and time vertical distance will ill be he carll carried tl to lh the foot OO point 1 before cole cro cl Is nga engaged cd In iii |