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Show ways made good In Columbus Consolidated Con-solidated and wo see no reaeons why wc should not get the same results here. the same Is that the ore we now have developed Is of too low grade to pay actual operating expenses. For the p.ist year the company has barely paid expenses and has not been able j to continue development work which 1 &buld hae been carried on. The directors di-rectors think it a wise plan to carrv on development work only for tho present and try to have things in better bet-ter shape by the time we arc able to start a steady production. We are now running two drifts east of our No. 3 shaft on the 4"0.fo-..t level into an undeveloped portion of the company's territory This development U being done on thy east silo of the big fault, known as the Columbus fault, and should ore be encountered in these workings it will be beyond the big fault and will no doubt prove to be a continuation of tho rich ore F.hoot which we had above. This portion por-tion of the mine Is very wet, but we I hao ample pumping capacity to take care of twice ns much water, and we do not anticipate being troubled with water sufficient to interfere with our developments in this part of the I mine j We are also following n large north and Bouth llssure HJi should catch I the Intersection at any time with an ' cast and west fissure, andat this Intersection In-tersection Is where we exp'tct results. If they do not materialize at thh point, we will drift east on the fissure, fis-sure, where we will encounter the contact lic-twecn the black and white 1 lime. This Is the rndiit that has al- WHY THE COLUMBUS LEVIED ASSESSMENT The P'llowinjr statement has been Issued by Tony Jacobson general manager of the CVdumbus Consolidated Consolidat-ed company: Enclosed you will find notice of as-fcedsmeut as-fcedsmeut No. 4 of 10 cents per share, levied on the capital stock of this company. The assessment la delin- i que-nt on tho 2Cth day of November. ( 1S10, nud the date of sale Is Decern i her 2-1, 1910. Enclosed you w ill also ; find au envelope for the return of the assessment. This assessment has beeu levied for tho purpose of payinp off part of the Indebtedness of the company and 1 for carrying on future development work at the company's property In Alta, and the uecesblty for levying |