| Show REPORT ON BINGHAM MINES CO SHOWS IMPROVED conditions according accordia Ac cordin to recent boston advices advises ad vices the bingham mines company for the second quarter of 1928 had a net operating profit of comparing with in first quarter and in second quarter of 1927 Ope operating operatic ratin profit for the first six months of 1928 was compared with in corresponding period of 1927 due to favorable property developments and a slight improvement h in i metal p prices rices earnings since june have been much better profits in july were as against for june august au will show a further advance with barnin earnings 9 s for that month now estimated at over A good body of relatively high grade lead and silver ore has recently been found in the dalton lark property at a point feet below the mascotte tunnel this is on the so called lark vein which has furnished a large amount of profitable ore on the upper levels where found on the deeper horizon it is running inning rz about ten feet in width and there is a considerable area to the northeast along the strike of this vein which is as yet entirely entirely y also at the victoria property in the tintic gintic district a promising body of ore has been located and found to con 11 iod lead silver values this is in ground upon which practically no work has been done and it holds encouraging prospects for the future it was partially for the purpose of providing funds for more extensive developing of these new discoveries that directors dirl actors of the company decided to declare a quarterly dividend li demid of 50 cents a share instead of the 1 a share which had been paid for some time |
