Show UNCLE SAM V CON CONI V TRIMS ITS SAILS Passes Dividend Quits Ship Shipping Shipping Shipping ping and Reduces Operating Operating ing in j Force at the Mine There will b bO no nd n from the Un rn Uncle etc cle Sam Consolidated company this month and it may be several months be before before before fore the company resumes payments of velvet elvet The directors so decreed yester yesterday yesterday ester esterday day afternoon Two most important con contribute to this state of or affairs In the first place the mine has developed one of those apparently inevitable lean streaks that hit most of or the properties s in the Tintic district occasionally in the second place its contract with the United States Smelting Sm company expires within a few days das and It Is understood the com corn compan compan pan v will not no enter into a new naw contract on the same terms that has applied to that which is now about to expire by lim ilin So even enn If the company compan had tho th thore thore ore to Lo ship it would need ned to wait walt until such time as new smelting arrangements could be made While the cessation of shipments will necessitate the laying off oft of or quite a number of or men it is learned at the of Ices of or the company that there Is no to thought on the part pait of oC the management to discontinue development work in tho thomine th mine There is a snug amount of money In the treasury anI there UIT is good reason to believe bl that by b the time new smelting arrangements van can ba b made the mine will wilt be in good go d trim again Before leaving for Nebraska several s days das ago Manager John Dern stated that while there had been Icen cen a decided diminution tion lion in the amount of ot ore n sight and that while the values alues were making largely Ia eh in bunches throughout the ledge the fact that the tho channel was wa as well defined and as well weil rJ understood as ever eer TIe t that it was aim sim simply ply a matter of work to open up another r h shoot This may mav bo h b encountered at nt any time The mine did mighty well last year and thare is every chance that new ore bodies bode will be opened and that substantial dividends will be pa pal l again before beCore the year Is half halt over oer |