Show GON ERGURS OUTPUT It Has Reached a Total of f 1175 Tons Daily < ENORMOUS PROFITS IN SIGHT A Clear Margin of Pour Dollars a Ton Is Shown Tho Mammoth Declares De-clares its 820000 Dividend Gratifying Report on the Ore from tho New Joe Bowers Strike Good Oro in the Hercules Tho Last Chance Mill About to Resume Boston Operator HereNotes I Nol only has the management ot the Consolidated Mcrcur gold mines attained at-tained the output the company believed be-lieved necessary to bring Its net earnings earn-ings up to at least 120000 per month but for five days the production of the bonanza has reached a dally average of 1175 tons of ore of a net valuation according to unimpeachable data of 4700 a day or 5141000 per month When after 0 conference between the members ot the board of directors Superintendent Su-perintendent Edwards was notified that he would be expected to supply the mill with an average oC 1000 tons dally I there were some who doubted his ability I abil-ity to do f Not so the superintendent who understood thoroughly Just what I his forces were capable of and to what levy his ore bodies were ready to respond I re-spond He called the attention of Capt I De La Mar to this told him the directors direc-tors had underrated the capacity of I the oro bodies with which ho Was as familiar as the youth with his alphabet I alpha-bet and promised him a demonstration before the month of August was torn from the calendar that would astonish Iilrn The only reply to this was I the Captains assurance that It would be jicrfcctly agreeable to the company Its officers and directors and then he boarded the train That night there was a conference between Superintendent Edwards of I tho mine and Frank Janney superintendent superin-tendent of the monster mill whose I 1 crushers had not intrequentlydn a day reduced 1000 Ions and they were ready to undertake even more Indeed It Is within the capacity of the crushers to 1 handle 2100 tons dally and with a perfect per-fect understanding between the heads vof tho two departments the campaign I wns begun Without much effort the 1000ton mark was reached A few I days later the peer had been Bhoyed Ahead to 1100 tons and each day witnessed wit-nessed tho making oC a new record until the output for a single day had been Increased to 1250 tons with rfn average of 1176 for the last five days At just what figure It Is the desire of the local management In view of these demonstrations to fix the output la not known Apparently It Is as easy io establish It nt 1200 as was It at 1000 tons dally nor is there anything to dissipate the belief that the supcrln tcndents can maintain an even greater average No less gratifying Is the InformatiOn concerning the average value of the ore which Is showing better than 8 In every heading while most careful measurement shows over 1500000 tons of It blocked out and ready for the mill A careful sampling of the tailings shows a loss of less than 51 i per ton fo that a clean margin of 1 is now being be-ing dumped into the treasury of the Consolidated company The record to which the tonnage has already been carried affords a splendid tribute to Messrs Edwards and Janney Tho Mammoths Dividend The directors of the Mammoth company com-pany yesterday posted Its regular monthly dividend of 5 cents a share or 20000 the same to be distributed on September 1st the books lo close on August 26th The payment of this sum will swell the total which has been dis trlbuled by the Mammoth to 1720000 Manager George Dern of the Mercur said yesterday that in a few days the old Mercur company will hae discharged dis-charged the last of its bills and announced an-nounced tho final distrIbution that In his opinion will be between 20 and 25 tents I I t-ents a share or not less than 40000 1 I The Joe Bowers Oro Strike John T bOson of the crowd that several years ago began the reclama tlon of Joe Bowers of DIamOild and I vho after a few months placed it I among tho foremost properties In reouthern Tlntic came In from camp yesterday morning and says that while lie did not go underground to take the measurements of the new strike the ores that arc being raised from it arc Identical with those from which the bread moneys were derived when he and his associates held control The ores then afforded a fine margin not jwlthstanding the angular outlet to the > pmclt and he looks for as much now buperlntendent Tallon assured him that I already he had several carloads exposed ex-posed below and Mr Hodson says the ore Is going down as well as up Tho Showers Consolidated had an other carload of heavy galena at the surface which will be on the market In the next few hours while a fine quality of copper ore is in evidence at the Topora During his visit Mr Hodson made a thorough examination of the May Day and reports the showing an excel lent one In his opinion the recent at a tack upon the proposition was entirely without justification as dividends should soon be coming from the prop erty Rich Ore in the Hercules The management of the Hercules group owned by the Cygnet Mining company nt Stockton Is rejoicing over the presence of ore that shows as much as 00 ounces silver and 64 per cent lead a ton The ore of which there is nearly five feet was encountered In the work lugs some distance east of the main Incline and everything denotes one of the most important of the seasons strikes In that camp President Ben ton will leave for the Hercules this morning to examine the new body Tho Last Chance Mill Charley Hodge the Houghton Mich owner of the Last Chance mine at Blngham is low upon the ground accompanied ac-companied byMr Wolfe his secretary aId before the close of the prqaeni week the 20000 mill which was erected a hort time ago will be In motion again Mr Hodge who lint a thorough knowledge knowl-edge of the mechanism of an uptodale plant and who Is indeed a manufac ture of mill machinery himself Is making some alteration at the Blng ham plant and once it is started up hopes to keep It running continuously through the season In the meantime he is blocking out ores and the outlook in the gulch Is more cheerful than at any period In years Oro nnd Bullion Settlements In tho ore and bullion market tho week opened with settlements amount lug to 101700 and with copper and silver sil-ver 1 each moving up a peg The settlement settle-ment were divided as follows Bamberger McMillan Gold silver t lead and copper ores 21500 T H Jones Co Gormanla bullion 521700 gold silver lead and coppbr ores 25400 ilcCornick CoMingo bullion i IOOloJ ailver5lbad and copper oreV 2OCHrfiirocydnIfl < < i3 1SOO I In the metal market silver ruled at Glfc cents an ounce lend at 54 per hundred hun-dred pounds and casting copper ntfl5 I cents a pound > I |