Show Little Bell Mine J Now Big Prod Producer Park ParI City Company J om Dividend List With Large Surplus and Heavy Production Assured H d i The Little Bell Consolidated Mining company compan the latest addition to the Park City list dividend of payers pro vIII ot what tat Is to tob b accomplished in mining by 17 persistency persist persistency ency when whon It Ic h by good goad jurt meat ment When Solon Spiro started to Olsen 1 en thE Little B Bell lI mine ne he was ftc al of chasing More than once his own backers became discouraged discouraged aged and all but abandoned the project having concluded that there must be something In the declara declarations that the ground was worthless Now It Is recognized that the location ot of the ground alone adjoined on three sides as It Is by pro productive territory ot of the Daly West and Ontario mineS Is in sufficient guarantee that It contains valuable ore bodies Spiros firt victory in connection with Little Ben Bell was when he demon demonstrated demonstrated that It contains the apex die dis dispute over which threatened expensive litigation between ll the Daly West and Quincy companies Discovery of the apex In Little Bell resulted In the Daly West absorbing the Quincy and ac acquiring acquiring quiring a Interest In Little Hell Bell With the money received for forthe the thc interest Spiro Inaugurated an aggressive campaign ot of development develop development ment A shaft was sunk to the depth ot of feet and anda a large tonna tonnage e ot of ore was developed between the and levels pro production production from which made continued development possible without drawing upon stockholders Big Results Below Driving of an Inclined winzo from the level promised the most Important results yet attained but just ns as the work In the lower levels was well In hand the mine became flooded The panic cam came on about that Urn time prices ot of metals dropped and anel with the accumulation ot of untoward circumstances It was decided to dis discontInue I contInue Early In 1909 arrangements ment were perfected the Little Bell com coin company pany was to drive from the tho Daly West 1300 level a long crosscut from which raises were made te tc the tho Little Bells lowest level Double service ot of Inestimable value was accomplished by this work the Little Bell mIne wa was afford affordIng Ing access to Its new ore bodies s and andIn andIn In Daly West ground were opened ore oro bodies ot of whose existence nothing had before been known Beginning last September the Lit Little LittIe tIe tle Bell started an active campaign ot of developing ore reserves That work Is proving the continuity or of orthe the ore ora bodies beyond the expectations ot of the tue management Ore Is being mined and shipped to market from do de work and production Is not only meeting all expenses but has en enabled enabled the company to accumulate a substantial surplus On December 25 the company paid Its Initial qu dividend ot of 5 cents centa a share or Conserves Good Surplus The Tho company at the time had bad three times that sum In Its treasury and ore would have warranted a much larger dividend but the man management management Is working to the end ot of do de a great mine rather than to tn tomake make a spectacular dividend record at the outset and It was decided to conserve a good treasury surplus In the mine Is not only a greate tonnage than when production ot of ore ora was commenced but the company has hasa a great deal ot of promising virgin ground owning as It does acres on the Daly system ot of Its In the lime and contacts Officials or of the Little Bell Consolidated Mining lIning company are So Solon lon Ion Spiro president and general marx man managEr agEr Simon Bamberger treasurer 3 1 n B Bean secretary |