Show PLANS PLIS COMPLETE FOR fR V WO VO V V ALTA MERGERS V Four Foul Columbus Companies V Will Vi Be Combined V I Into Two V MINES ARE LOOKING WELL Proving Up New Discoveries in il South Columbus and Wedge I V V I. I V V Co Consolidation l aton plans Involving the tour four Col Columbus companies ol operating at ot Alia Alto V V are ure virtually complete according to Ton Tony Jacob Jacobson on manager of bt f nil all al of or them who returned yesterday from an on extended V eastern trip Recent developments In the South Columbus will wi necessitate aV a V change chanc of the basis of consolidation Iv hi bl ing thai tUt property zt a LI 0 higher valuation tut but this tU is M C a u meic matter mater of or detail which etal l be easily arranged It i iy not the tho Intention to consolidate ate I Il consol all al fou four companies Into hito one corporation nV its 1 man many have luve s surmised would bo done but but- butto to combine four into two making one ole company of the Columbus Con Consol ol- ol V UI and Columbus Extension and another another an an- other of or the South Columbus und unil the Columbus Columlus c Wedge c. c The Thc groups grups lie le In such form that either pair can cn be worked to advantage o b by a single system of oC voik- voik olk- olk Ings All Al arc are controlled virtually b by one crowd low an and the tho proposed consol consolidations will be purely for convenience No wf con mone money Is 15 likely to change hange hands in making tho the eals The linal steps may not be taken V for fur tome some time Mr r. Jacobson says s S. S there thero being no Ho special reason for Cor or haste The Tue drift from the ol old Quincy tunnel of ot the South Columbus Is being continued In the tho ore ho body recently open opened The Tho drift is all al in ore and the full ful width of or the bOth body Is not nol yet et known but that it is au an Unit Ind find Is D assured Work ork V l 1 Is also alo being pushed hel to set get ul under er the new ore lO body 10 feet feel or more 1010 below blow the h Quincy level hovel e This will wJ be bc accomplished V In 11 a short time After f r el Wedge e Shoot V The shaft In the ore discovered on the surface of the Wedge cd o property Is down V t In W feet reet n. n and drifts arc are being run both a ways t i 1 I win wIll Wil be IC necessary to drift only j 10 to t 20 feet reH to catch the rich ore shoot shoot V From this shoot loot 10 tons of oC good or ore alV al- al V 1 J. J u ad ha have hae e been shipped The Tue Wedge V for the amount of ot work done on gives Unusual unu unusual un- un u usual ual indications of or being a winner 1 Mr MiS Jacobson visited Now New cw York Tork Louisville Louis Louls- yule ville Ie and Chicago While the eastern people continue to tl hold tightly to their money ho lie believes ell ells s he can see evidences c that th the thu worst Is over In the situation and that there thero will wJ be steady Improvement from froni now on 01 lie He Is of thc the opinion Unit that the furr flurry will wi have ha e served V u a useful purpose e If it has th tim tho effect of V grafters cutting off otT or some of tins ther thO Wall 41 street I |