Show If MINES AND MINING STOCK QUOTATIONS r CHAIN ORE COMING TOO FAST i Notes Note F From om G Grand ra d Central i Victoria May Day Beck and Others Last week weel the drift which was WH driven over O Into the Gold Chain from the Lo Lower Low Low- ver v- v er er Mammoth opened an nn important ore bod body tor or which Assistant Manager W. W D. D Loose Is s now preparing to pro prospect from Irom the tho Gold Chains Chain's 1000 level This level levels level's Is about GOO COO feet teet above nho the thc point at which the oro ore was encountered but bELt Mr r. r Loose believes that the oro ore will win be le located without difficulty and In lii that event he will wil Install a a. donkey lOnkeY engine and sink a vinze thus it possible pos pos- sible to tiring bring the oro ore to the surface ille through h the Gold Chain shaft The TILe told Hold Chain continues to 0 han have trouble I In ln the tiLe shipment o of Its as ore due clue to a a. a shortage o of railroad cars To Today Toda a tiLe the brehouse Is filled almost almot to overflowIng overflow overflow- o Ing but It I I Is 14 thou thought ht the ol ore n e will be moved mo in time to prevent pre crl a shutdown f Grand Central t For the week just closed the tho Grand Central L-Central mine shipped a total of seventeen seventeen seven- seven teen carloads o of ore this heln being a substantial sub sub- increase over o cr tho the output for tor forthe forthe the previous week or for fOI an any week dur- dur In the past last t tow fow ow months Much uch o of I dur-I this tiLls We Ja taken from th the two lowest levels lev Ie els cis of the mine the mine tho 2200 O and 2300 2300 values predominate where the copper on On the 2200 oo level the oro ore will average up uI better than I 13 15 per cent copper with wih some gold kold and sliver silver while on the 1300 2300 level 30 per cent cop copper er is b by no means Leans T unusual One of tho the biggest cst bodies olt of ol t ever cr found In the Grand Central ls is is that wh which Ich has been heCL prospected to extent on tho the 2300 level The ome values value but hut it falls quart carries some somo fals just a u little short o of ot required to to make e It I a shipping product product V Victoria I c to r I a. a SUIt Supt John JolLa Shea Shea expects to be le using isIng electricity In the operation of the hoist hoist ut at ut the Victoria mine b by the tiLe first t of next week tho tiLe electricians ns now being engage engaged In making the an connection con- con with wih the linos of ot the Knight necton Power company from which the tho tho current current cur- cur rent will wil be le sc secured Tho The new now com com- h m for the Victoria ha has not yet yetar- yetar ar- ar I rived but It It t is h expected soon and alter after Its its delivery at the mine no flO time will willbe willbe wi ls be lost In the installation Victoria stock tock has advanced ad somewhat during ti the tho past few d. diy days and dUd while there thele is IL underground ILis it IL itIs new nothing especially I Is generally understood that thal the ore deposits are arc being opened up UI In n- n did shape With the le new equipment in working order the management will vill be fablo abIe to get bet out a much heavier hea tonnage o of ore J S Nl t On Tuesday a of oC this week the tiLe force of oC men rn at tho the Swam Swansea ea mine completed their cleanup o of the thc property preparatory tory ton to the shutdown which took place the the following da day The mine Is now closed and anel there Is nothing to Indicate Just when It will be le opened again al although although although al- al though thero there Is In no dou doubt t much oro ore In Inthe Inthe Inthe the upper workings which can be handled handled han han- died to good a advantage upon the completion com corn of t the new lew mill mi which the tho Knight people Intend to erect creel In the thel l south end of or tho tim district ant i Ta ru Un fj J May ay Day stock has haH been in iii il demand at advanced prices during the past wool week and those who are arc keeping in close touch with underground conditions at ot this mine are of or the opinion that tho the stock steel will wll brin bring even better leter prices within tho next few months month The mine has had some little difficulty In sendIng sending send scud ing out its is ore this week week due to the inability of the railroad to supply cars cirs hut but the management has haa managed to J keep Jeep things moving In iii the usual satIsfactory satIsfactory sat- sat manner Much oro ore Is now exposed In the various parts of tho the mine 1 and almost ever every week new now bodies o of high glade zinc are arc encountered heck Deck Tunnel runnel Supt 5 11 Perry Pcr Fuller Iuler reports tho the Deck Beck Tunnel mine in fn a cr very satisfactory condition con- con and says sas that there Is 18 no reason why wh- the output for tor December will vill wil not be lie as ax largo large I if f not larger largel than for the previous month November shipments from ironi this mine mint exceeded d the tho output for or October l b by several sc carloads The riLe Humbug Hum Hum- bug hug ore body Is still sun being followed toward the south and the values remain practically the sam saim The connection between this ore body lody and tho level 1 of Jr the tho Beck Tunnel shaft Is quite shaf an R advantage In the tue han handling o of the mines mine's product Chief CHUN It I Is la understood hero liat lat the tILe con con- 2 oC of n. n n switch connecting the Chief Cons mine mint with both the Rio Klo Hlo Grande Grunde and Salt Sal Lake railways will vIlI b bo be I taken talen at once The Thc sUre surveyors ors for Ol these roa roads s reported that It would not be lie possible to con construct a switch In lit such sucha ix a a manner un-inner that the mine would have havo connection with wih both lines but Manager 1 Fitch Fich has outlined a plan which seems feasible feasible This new switch swich will put the thet t Chief Cons mine In splendid shape shapo for forthe the handling of oC a lar large e tonnage of oC oreas oro ore oroIS orous 0 us as IS soon as conditions bc ome normal at at the smelter making such an output pos possible United Elmer Duncan Is operating a block of or ground at nt tho the United Tintic property under a leasing agreement and according accord accord- lug ing IlS to reports front from Silver r City has n a small bunch of oC vel very fair tall ore This property has been heen In the tho Inactive H list t for fO some time and shareholders will wi be pleased to learn o of the of operations even though the worl work is to toLo tobo bo Lo handled b by a lessee 1 lell Manager George Georgo Nichols of or the tho Lehl Leht property of oC North Tintic was in ILL camp early in the week and sa says s 's that usual development de work vork is under sway wa on this ground In a addition to the work In the main tunnel Mr 11 Nichols Is also driving a n crosscut toward tho north This crosscut Is now In a dis- dis tanco o of lO feet feet and anc it Is thol thought ht to tor be le nearing tho tILe Empire lead which v. v at nt atI I r this depth should contain some somo good values The TiLO main tunnel IH JH In II l 1565 1665 r f ot and nc within the tue next month the old Gold Blossom vein should be cut This i Is the most Important vein voin on the com com- r pany's lanye property an and the tho present showS show show- S- S SIng Ing Int In tho the tunnel 1 could hardly Ii be more encouraging rho Tho drills are aro now drIls 0 cutI cutting cut- cut J I ting Ung through h a n White dolomite limeStone lime lime- stone stono which contains carbonate carbonato and iron tl SPar ar and the tho tunnel is following a n big open fissure Reporter YERINGTON MALACHITE ISSUES STATE REPORT t I fc Secretary Gideon Snyder of or the Yori i Ington Malachite Copper hue hUB fH flIed filed cl a n report In Nevada Xe ada for tho the Year ear ending P 1 September 30 O. O 1 1912 which contains contain tho Ito S following following- t items The Tho sum of v.-as v. as rec received lv c from sales tules ot of ore The Tho superintendent receives a salary of 0 0 the manager GOO coo OO and tho the eec eec- GOO Improvements cover er b Boarding house compressor etc amounting to The company paid pale for 00 to feet of or work on patented claims Authorized shares par pr value alue 6 rill all nl common stuck Stock no preferred shares originally set aside b by t. t Incorporators as s treasury stock DurIng During Dur- Dur ng ing Ing period covered ored by this report there thoro were vere shares treasury stock clock Issued In m payment of accounts against tho company j ol amounting to DM arcs issues as as commission on stock k sales ae 68 shares sold lot for 1482 P total of tf 07 shares 8 September SO 30 0 1912 shares remained In tho the I t treasury YANKEE OUTPUT OUTPUTS A MONTH S Its Zinc Ores Amount to o to Tons Worth 1 1100 a Carload I Yankee Yanke Consolidated yesterday shipped out hut another car of or Its IN high rade grale zinc This Title ore l gC i 37 7 to 39 1 per cent antI and ll brings approximately 1100 1100 to the car AH As Yankee Is now producing producing- at the rate rate of or sl sis sic to eight t carloads COO 00 to tons of or this zinc Inc pro product er e every thirty it I means melS a a yield of about Sf OO a month Nu- Nu vember was particularly la II noted for tOl its Is high expenses Including Including- us as cs it H did dil taxes large e lumber bills etc ec yet et the mine not 1111 only canceled these thes obligations obligation hut but left several RC thousand dollars dolar In iii the tile tr tn as ns well wel I The rile ore oie la is coming from OO be below helow he- he low the main tU tUel el lev le l and us as much muchas as OU feet n oc c. This shows a zinc 01 or shoot hoot of nearly nerl 00 feet in depth although the tue distance has haa not yet vet been een proven During During- During the week eek a anew new lew body budy of or ore was cut in 1800 feet teet above tho the tunnel Reports f front from m the work worle on the tho level le continue to b be encouraging ing with wih tin ll miners looking for an ore bod body to be broken into 1110 at almost any hour of or tile the day Relative to the Yankee ee the Eureka Reporter Ia says s 's the tho we week k a new ore hod body 01 of high grade prado zinc ore was encountered in the old workings of the Yankee Cons mine the tile strike o having teen been teen made at a a point something like 10 feet teet above alove the tile main tunnel level lovel It I was wn only recently nt that Suit Supt HUlt Lou Mer- Mer riman Iman was able to take up tip work In this part of the tile property owing to the fact that lessees had hal control over OCI much of the territory As tho the leases expired tho compan company's s 's miners were started on development work worle and the returns have ha been more than tory ton Mr says that this 11 new now bunch of zinc Is more than twenty I feet In width At the present time the tho Yankee Is reached from front the main shaft shat tho the usual amount of oC prospecting Is going on and the showing Is I good gooe especially on Oil the 1800 level leel where a a. n. n drift has been driven out to a n point almost di- di under the ol old workings Thero I is a a. a good showing of or quarts quart at this point arid and while the values alues are lacking Superintendent feels confident confident conf- conf dent that the work Is being carried on well within the tho vein eln and anil that further is all that will be he needed development al to lo get et Into tile the tie values ION IRON BLOSSOM HAS CASH I IIron Iron Blossom stockholders hold held their annual meeting In Provo yesterday at which the officers and directors were re-elected re as follows Jesse Knight president 11 J. J W. W V. V Knight ht vice Ice president W v. I L. L L Mangum treasurer secretary 11 It E. E E Allen Alien Alen and anti Amanda Amanda M. M r. r Knight di dl- dl rectors The report showed allowed that during the year ear a tot total 1 of tons of ff ore was shipped and fuEl that the treasury treasur now contains The mine Is producing producing pro pro- about tons a day clay a Relative to conditions there the Eureka Eurelea Reporter Reporter Teporter Re Re- Te- Te porter o of this week says The I machinery at the No 1 workings of oC the Iron Bossom Bosom mine was started up for or the tile first time last Tuesday and while the up limbering up process showed tho the new plant to be le In almost perfect working order It I will wil be bo early cart next week before It goes into commission The new steel gallows frame flame will wIl not be read ready for a few weeks yet et and In Inthe Inthe inthe the meantime the old wooden frame franie and tho the old cables will bo used lat later hater r giving Wt way tray to the new equipment Tho The new plant has been Installed under the direction of A. A C. C while the electrical work worl was supervised b by T 1 B. B Myers Ier who Is Tint Ic mana manager er for fOl forthe forthe the Knight ht co company 1 pUl Leonard Wilson Vilson on of lh tile tho firm of Wilson Ott contractIng contract contract- Ing Ins ng electrical engineers was out front from the tile capital for Cor tho tile initial run of tho tito now lew machinery anti and expressed himself as being hl highly hh pleased with wih tho the manner mannor man man- nor ner in iii which the plant performed H Its II work ork Tho The new hoist hohlt Is one ono o of tho he best t ever brought Into Tintic and but few tew electrically operated hoists In the tue en entire entre en- en tire tre west wesl compare om pare with wih It I u because c It I carries rles Cl many new flew features Notwithstanding standing th the fact that the tile hoist Is designed de do- c- c signed for fOI a speed of 01 about 1000 feet feel per minute It I Is an nit economical user of f power The Tile new plant consists of the tile lar largo large e Nordberg hoist holst a a. l HOO 00 horsepower horsepower horse horse- power direct connected and direct curent cur- cur Vomit ent motor as well wel as us all al tho tile other lato equipment equipment SilVER KING Will PAY A SHARE As s s forecast in LIt these columns several weeks ago at the tile special meeting of the tho directors of oC the Silver King Coalton Coall- Coall Coal Coal- Ion tiomi ton Mining company held yesterday a n 25 cent a a share dividend was declared This will wi be Ito distributed on tile tho tw da day before Christmas to stockholders of or record December er 14 1 On December 26 G the tho hooks hook will reopen for tor transfers This dividend culls calls cHIs for a distribution uton u- u Lion tion ton of ot It I will wf give the compan com com- pan party jany tho tile magnificent total l dl dividend l ml record of The Tho last laNt dividend dividend divi divi- 1910 and was paid on anual January Januar 1 1 1 consisted of or 1 15 cents a share The company Is capitalized for 1 shares o of 5 5 par value rite rhe stock has latel lately been heen selling around 30 a share on the tue local exchange Tho Th mine at Park City Cly Is 18 maintaining a monthly of or approximately 2600 tons Estimating this tills at 5 10 fO 10 a ton brings tho the nines mines output ever every thirty days up to 10 1000 NOTES AND PERSONALS T. T F. F of or pah Ml 10 Nev was wasIll wasn Luko Lako business In Ill n Salt Sait on yesterday Alex Leggat a mining engineer of or Montana was In Ill Salt Hal t Lake yester yesterday ay He lIe has been looking after a property near icar Salmon City Ida lately When Then ho tho Butte Dule fc Superior made mado r recent cent purchases pur par chases it 1 is I said that thal AIr Mr Ir Leggat and amId associates 5 cleared about up Ull two hundred hundred hundred hun hun- dred thousand dollars In gules sales of or adJoininG adjoining ad- ad joining JoininG property Nothing of or particular iut interest developed developed le CI devel devel- oled at the at-the tie |