Show THE DALY JUDGE MINE park city property in more flourishing condition than ever before in commenting upon the condition of the daly judge mine at park city utah the herald republican of salt lake city says never in the history of the daly judge Z mining company of park city was the mine so well equipped were physical conditions so promising was the mines output so large of good shipping ore and the treasury in as good condition as at present during the month of august feet of development work was accomplished the mine produced tons of milling and shipping ore shipping 2100 tons of concentrates and crude ore which will average 30 to 35 a ton toll on the first of september the treasury showed cash on hand 9 august cash balance was this cash is represented by interest bearing stocks and bonds last year when the reserve fund was not so large it brought in in ill interest the development work for august consists of drifts crosscuts cross cuts etc on the 1100 1200 1400 1600 1900 and down to the 2300 foot levels values of the ores seem to be increasing As a result of the great drain tunnel with which connection has been made through the daly west mine practically the entire daly judge territory of over 1000 acres has been drained and a vast amount of virgin territory where it was impossible heretofore to enter is now being opened up or is in excellent condition for future work absolutely no pumping is necessary the daly judge had paid its proportion of the drain tunnel three years in advance cr two years to come the daly judge veins are principally contact and bedded veins in the lime at the greater depths the quartzite comes in forming the with the lime as hanging hall in some of the veins are only a few feet wide while in other places they are very large and have been proven hundreds of feet on oil the strike in other parts pipes of ore extend up and down the veins for long iong distances july shipments amounted to 1477 tons of crude and concentrates and tons zinc august shows a heavy gain over this the reported shipments from park city for the first three weeks in september show in round figures tons tolls tons and last week tons toils which should make september totals considerably ahead of the 2100 tons shipped in august at the beginning of the year daly judge had cash on hand now it has this means a t gain ain of or nearly a month for the eight months of 1911 As there are but shares in the company this would permit a five cent a month or 15 cents a quarter dividend and still see additions made to the creditable reserve every month last year the company earned when some of the directors were last week asked what were the probabilities of dividends in the near future they were noncommittal and directed the questioner to general manager G W lambourne when seen yesterday atter afternoon noon mr lambourne said no dividend for the immediate future was under consideration but the matter lay entirely with the majority of the directors our main object now is to develop the mine anine and in this direction we are centering our energies we have the property well equipped and are pushing out into new territory which heretofore could not be mined profitably on oil account of water conditions at the property now are very good and the weekly shipments show a satisfactory increase during the past ten days the stock has been selling more lively than usual on the local beara boara the price ranging from to |