Show gintic tintic T antic 0 camp has a prosperous year in 1913 by WILL WILI C HIGGINS tintic gintic district in the number of its regular producing mines easily heads the procession among utah mining camps it has a classy bunch of big producers and dividend payers and a goodly string of smaller breadwinners whose continual contributions help greatly in swelling the grand total during the year the mines of tintic gintic district produced approximately tons of ore containing an aggregate value of about during the same period its mines paid in dividends or more than during the preceding year eleven companies contributed to this grand total two of which the chief consolidated soli dated and the eagle blue bell made their maiden offerings with every evidence of regular disbursements in the future the four largest shippers during the year were the centennial eureka the chief consolidated the eagle and blue bell and the iron blossom in the order named the other heavy producers being the grand central the mammoth the gemini the dagon dragon consolidated the gold chain the may day the beek beck tunnel and the bullion beek beck the operations of the year have been characterized by extensive work by the larger companies and this work in the main has led to the blocking out of large ore reserves during the year the knight christensen mill has been built and placed in commission this plant will treat ores from the colorado beek beck tunnel iron blossom and other mines owned by the knight interests the victoria developed a body of profitable ore during the year while other mines of the district have made important disclosures including the tintic gintic standard and the united tintic gintic the Opo hongo paid but one dividend during the year but work is progressing vigorously in its development the gold chain and the grand central were active numbers during 1913 some very important disclosures having been made in the latter the lehi tintic gintic was one of the new producers of the district during the year the scranton in north tintic gintic was electrically tri cally equipped during the year and a large amount of important work was accomplished complis hed the company is shipping regularly the tintic gintic zinc company a new corporation began development work the dividend record of tintic gintic mines for the year is given elsewhere in this issue the gemini mine the gemini has men leasing on its property and they are doing well the company has been giving employment only to the small force necessary to keep the hoist in operation the mine is in excel lent physical condition during the year 1913 the gemini paid in dividends the eagle blue bell tile the eagle blue dell bell mining company began its initial payment of dividends in in 1913 and during the twelve months of the year disbursed in velvet money during the year the company opened up some very large bodies of excellent shipping ore in the mine workings the latest discovery of importance being on the 1000 foot level the new shaft was sunk to the 1550 foot level from the bottom of which workings have exposed the same great ore body disclosed early in the year on the 1300 level the mine is in condition for heavy shipments of high class ore during duri 11 0 1914 the fiscal year for the iron blossom ended december 1 1913 according to the annual statement by the company just issued the production during the year totaled wet tons of ore containing ounces gold ounces silver pounds lead pounds copper and representing a gross value of the company acquired additional territory during the year and equipped its no 1 shaft with new hoisting works the company paid in dividends dividend s in 1913 the chief consolidated the chief consolidated mining company one of tintic gintic districts aspiring producers entered upon its dividend paying career in the year 1913 this is a wonderful mine wonderful for the record it has made during the few brief years of its existence and a most forceful example of what can be accomplished by pursuing systematic and intelligent tell igent development it is a wonderful proposition also owing to the fact that the territory covered by the companas comp anys holdings was for many years considered valueless and barren of mineral deposits and yet notwithstanding this general belief the chief consolidated now ranks as one of the large and regular producers of the district the chief consolidated is now in the fourth year of its active operation its history is a most interesting one starting with an outstanding capital of its ore sales during that period have amounted to the two items footing up t to 0 a total of during the same period it has expended in the purchase of claims and mining rights in mining and development work in machinery and buildings has paid dividends nos 1 L and 2 amounting to and at the end of 1913 had cash and supplies on hand amounting to an aggregate totaling the outstanding capital and the receipts from ore sales for the four years the net earnings of the company for the year 1913 were during the year the company produced nearly tons of ore containing about 1 ounces silver about pounds of lead and ounces gold the development work performed during the year amounted to feet including sinking the shaft to the 1800 foot level from the 1600 and the 2100 foot crosscut through to the gemini workings during the year a large extent of virgin ground has been opened which contains splendid possibilities and ore bodies have been blocked out which give assurance of regular and heavy production in the future during the four years of its existence the chief consolidated has been equipped with a modern and up to date hoisting p ant with accessory buildings and its development comprising shaft sinking arif drifts ts raises amounts to feet of workings an analysis of the figures given above will lead to favorable comment regarding the I 1 management of the chief consolidated and the unqualified success attending the operations of the company the chief consolidated has already posted its first dividend for 1914 of 5 cents a j share on outstanding stock amounting to and payable on february 2 to stockholders of record january 15 the output by cars of the various mines was centennial eureka 1974 chief consolidated 1124 iron blossom 1000 eagle blue bell mammoth gemini gold chain dragon consolidated grand central viet victoria oria bullion beek beck may day co 1 orado 66 Opo hongo 56 yankee 55 carisa lease 36 beck tunnel scranton 49 uncle sam 34 crown point 31 eureka hill 27 lower mammoth 2 20 1 victor lease 1 godiva 6 1 K united tintic gintic east tintic gintic development I 1 miscellaneous t 4 |