Show LOWER MAMMOtH FEND It Gets Ore Body on Eight HundredFoot level tRE SAME AS HIGHER UP 0he Strike Carried the Stock Up to Becord Simon Its Highest Make Bamberger on the tOutlook for the Property Centennial Eureka Posts 850000 Dividend Tour Feet oJ > Steel Galena in the BlackDiamond Smelting Trust Increases Capital Mining Notes 4 < i t The ore body on the S00foot Jcvcl In the Lower Mammoth was encountered afternoon The strike late yesterday WOK made at the exact distance in tlvfe tunnel that the computations had estimated esti-mated it to be thus substantiating correctness of the theory on which the mine Is being worked Earlier in the day mineralized ground with copper stains was entered and the workers rand those present were more than ever Cully convinced that the expected would soon happen and in this they were not disappointed Simon Bamberser a heavy stockholder stock-holder in the property who was at the mine when the strike was made ue turned last night Mr Bamberyer stated that the ore encountered was similar In appearance to that on the JiOOfoot level which carried good values val-ues in silver copper and gold The vein he said was encountered just as it had been expected and while no assays as-says as yet had been made he had no doubt as to the value of the orcbelng maintained This find ho said would not only feive the company plenty oC hlglnsrade ore tn sight but confirmed his teller that the ore chute would contlntie at least to the 900foot level JIr Bam berger ias quite positive as to the future k fu-ture of the property and said that he believed it was a great mine Shipments Ship-ments he said would not be made lor some time yet as there is considerable work that needs to be done before ore Chipping was commenced The property prop-erty he said would be worked to the best possible advantage and lie was confident that it would respond with good profits The prices of the Lower Mamnnoth stock have been gradually increasing increas-ing for several days past In anticipation anticipa-tion of yesterdayw find and sold yesterday yes-terday afternoon at 165 a have In estimating the value of this stock it is well to bear in mind that the company Js capitalized for only 1500CO shares and at the prices of yesterday the valuation val-uation of the mine is fixed at 235OO |