The Monte Vista journal. (Monte Vista, Rio Grande County, Colo.) 1888-1921, 1909-12-18
COLORADO NEWS

OV6VUUUV V6WV
A carload o. furniture for the new
$4,000 postoffice at Colorado Springs
arrived . few days since. The build.
Ing win b ready for occupancy about
March LIST.
The new 100000 thsater which
James T. Burns is about to erect ct
Colorado Spsinss will :, produce the
6hubsrt bookings under contract for
the next i've years.
Following his recent confession Of
guilt In the District Court at Canon
City. L n Dawson. late deputy coun.
~ treasurer Of Fremont county and
former city clerk. was sentenced to
one to two years in the penitentiary
for embezslement and altering public
records.
The Negros-Philippine Lumber Com
pany. which u controlled almost en-.
irely BY Beaver men. has recently ~.
cured an Important hardwood conces-
sion In the Philippines and expect to
build . logging railroad and . mill
which win have a capacity Of 10o.00o
feet . day.
Colorado Springs supporters Of the
Colorado College Tigers are boosting
for . new gymnasium at the college.
The present old building IL entirely
inadequate. and the plans are to erect
. first class structure. fully equipped
with IN up-todate apparatus. swim.
ming pool. etc.
Two loads OF hogs sold on the Den.
yer market December 10th at $40.
this being the highest price ever paid
in Denver for hogs. The previous
record price was on September 3sth
Of this year. when $s.ss was paid.
Previous to this year the record stood
at eS.17h. which was paid By the old
B. Z n. Packing Company in Feb
ruary. 1899. for one load.
James H. Tumbach. assignee for the
Bank Of Ouray. has realized enough
from the assets to pay depositors en-
additional 3 per cent. This viii make
52h per cent paid since the bank
closed In 1907. . result far above ire
estimates Of those who looked into it,
affairs at the time Of the failure.
While there may be further dividends.
dspositors do not expect any.
BY far the largest and most expen.
sive reservoir ever planned for north.
ern Colorado II that proposed by John
T. Warren Of Greeley. and others. to
make which great dam will be
thrown across the Platte river At the
Narrows. about six miles below Wei.
don. and 100000 acres In Morgan.
Logan and Washington counties will
b provided with irrigation at . cost
os $1,000. 900.
+ During November the Newhouss
tunnel 1t Idaho Springs was extended
I'll feet. making the length 20.750
feet December list The breast Of the
tunnel u now under Nevadaville, the
last vein cut bslng Ia the AshtAbula.
at . depth OF about 1900 feet. The
next important vein to be intersected
10 the eastern extension Of the Hubert.
which should b reached shortly after
the first of tho yoaf.
VIII . demonstrating output this
year Of 100000 bags Of sugar. the FAC.
tory st Grand Junction. built ten years
ago BY Colorado spriass capital. and
controlled by J. r. McKinnie. r. p.
Davies and E. c. SAarer. all Of Colo
RADIO Springs. WI produce tsoo.ooo
worth OF sugar. net value. In order
to increase the output next year. the
company expects 70 expend nearly
100000 In improvements and enlarge.
ment.
The recent appraissment OF the
properties OF the Colorado Fuel Z Iron
Company has developed the fact that
the company . assets amount to 800.
sss.l7s. = sum vastly In sxcess Of the
most sanGuine estimate OF the man
asencnt before the aepsaissment wa
made. The last total appraisemeDt
made In 1850. showed Q valuation d
properties SIS, 3os. 1910 lees than thu
figure At which The Assets are now
put. The company's Iron ore. coal
limestone and oaAss lands are nov
valued At SIS. as $50. being The largest
item In the assets. Equipment At the
steel plant. coal mines - coke ovcnl
10 worth S3a.s9o.1lS.iS. being the sec
ond most valuable item. The rail
roads owned hy The company suffered
something OF Q loss b. the rsvalus
ton. and are now appraised at es.7s1.
kS4.SA.
Josiah Work. oae q The mos
prominent ana wealthy men q Nor