OCR Text |
Show SALE OF MERCURY SWELLS SURPLUS Sacramento Soon Will Declare Regular Regu-lar Dividenda, ns Announced by The Tribune. CL k S pervlously announced by Tho Trthune," says the MerourjMln-Jft MerourjMln-Jft er, "the Saciamento Mining company com-pany has been pennlttted to add to tho contents of its stocking $14,000, derived de-rived fr6m tho sale of quicksilver. Tho surplus lias boon swelled to considerable magnitude and a dividend will soon bo declared. de-clared. Treasurer McConaughy reports the now retorts which havo been In operation oper-ation since June 1, working most satisfactorily, satisfac-torily, and the material oro bodies maintaining main-taining tine strength. Tho plant in which tho mercury-bearing ores are handled wJl probably bo Increased from time to tlmo, until the production of that element In that locality is mado to compare favorably favor-ably with some of the more prominent mines In that class. Meanwhile, the usual us-ual tonnage of gold-bearing rock Is being reduced at the cyanide plant, apd conditions condi-tions underground are generally quite satisfactory. sat-isfactory. With both plants In operation, dividends should follow at regular Intervals. Inter-vals. Somo new ground Is being opened up, with good results, arid whllo the mine Is at this time more prominent, perhaps, because of its production of mercury, Its gold ores may be relied on to supply the requirements of tho leaching tanks for an Indefinite period." |