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Show HAL REPORT OF ' TIITIC GENT1 CO, Detailed Account Is Rendered by General Manager A. N. Holdaway. General Manager A. N. Holdaway of tho Tlntlc Central company has submitted sub-mitted the following annual report lo shareholders: "During the year 1910 we hav sunk the shaft 526 feel, and have boon bothered both-ered with water nearly tho wholo distance. dis-tance. Most, of the distance wo wero groatly annoyed by missed shots caused by water and the springy condition of the ground, making tho work very slow and expensive. The shaft is now 1036 feet deep. During the year wo have run out two drifts to carry water away from the shaft, into the fissured zone oast-ward. oast-ward. Tito first drift was driven out tmrly-rivc feel and tnc next ono iou feet to the northeast. "Slnco tho first of January wo have driven this drift 110 foot farther due east, cutting at right angles tho fissured r.onc. This zone has proved to be 150 feet across and we- have not yet found the cast wall This mammoth vein Is filled with decomposed lime, mud, talc, quartz, Iron, manganese, faint copper stains and calelte, "Much of Hie material assays from a trace to 1 por cent lead, a traco to 13 per cent copper, a traco to threo ounces silver and all carries gold from a trace to S2.25. This drift Is on the S70-foot level and demonstrates ono of the largest larg-est fissures in Tlntlc, the strike of which Is nearly duo north and south, and Into which the rising mountain has dumped Its surface water for untold ages, causing caus-ing much leaching and low values. "We will send out another drift at tho 1025-foot level and cut tho fissure again. Immediately under these largo deposits of leached decomposed ore. "During the year wo have installed two Burloy drills which aro driven by air, purchased from the Knights Power company; com-pany; partitioned off and sealed one-half of the shaflhousc to keep the men on top warm; driven 385 foot to drifts and put In fourtcon sets of timbers in samo, and timbered the throo-compartmont shaft os usual to the 1000-foot level. "Wo have In process of patent the fourteen westerly claims out of twenty, with no conflict now In sight. "The drift at tho 1025-foot level will be dry'. Wo should cut gray ore on this lower drift." The treasurer's report shows: Cash balance January 1, 1910... 5 4,459.17 Receipts Treasury stock sold during tho voar fl32 Rh.ireri . . Q l. Assessments Nos. 2, 3, 4, and 5 of 5 cent each 19,996.67 Loan 3.000.00 'rotal .$27,4.64.98 Disbursements Payroll $ 3.S96.22 Salaries 1,800.00 Machlnory, timbers and sundrv expense 6,261.01 On account surveying and advertising ad-vertising for patent 615.35 Contract work on shaft and drifts 13.480.35 Total $26,052.93 Ca6h balance January 1, 1911..$ 1,412.05 New York Mining Stocks. James A.. Pollock & Co.. bankers and brokers, furnish tho following, received over their private wire yesterday after-noon: after-noon: NEW YORK LISTED STOCKS. I Sales. H. L. iClsc Goldfield Con 3,900 6ZI 63 03 Nevada. Con 300 1SI IS 1SS Tcnn Copper l.::00 ,'!4A 333 341 Utah Copper 1.600 46 453 453 NEW YORK CURB RANGE. . I Salcs.l If. I L. IClsc First Nat'l Cop 2 15 Giroux Con 300 6J 0 65 Inspiration Cop 1,100 S SE 8 Miami Copper 400 19? 193 19 Nevada Utah 10.000 1 92c 1 Ray Central 1,000 2 2 5SLm 22 ni JI! Chino Copper 1.500 213 2U 2U Ohio Copper 9,000 IK 15 1 New Kcvstone 3 3" South Utah 77c 75c 77c Mnson Valley 93 n a Braden Copper 41 41 Ely Central 1,000 6c 65c 6Jc Ely Con r.00 31c 31c 31c La Rose ,500 IS 4 IB Nevada. Hills 3,500 "J "I ! J's OH 1. 000 SOc 76c 7(53 Kerr Lake r,.000 7 61 7J Int Cont Rub L'.000 351 315 343 NEW YORK CURB CLOSE. Bld.jAaked. nlri 521.00 $21.25 Davis Daly j 50 1 6-l Ely Central .00 1.of4 Ely Con -51 30 First Nat Copper 1 ,"75 2.00 Giroux Con 6.50 6.625 Inspiration Copper 8.45 8.50 Ttiikon Gold 3.S7J 3 Miami 19.25 in s7 Nevada Utah 87i W New Keystone 3 on 3 oj; Nipissing j;75 10;s71 Ohio Copper j x r,r,a Ray Central j 95 o'nn Hay Consolidated 1775 is'or. bouth Utah 7 British Col Copper 675 i'.OO Bay State Gas tpj 7? Braden Coiiper -f . 1 5 ) I 420 Cobalt Central nf in fty .05 .10 King Edward ; 1 06 ri McKlnley-Darragh 1.45 i E0 Montgomery Shoshono 061 12; 2?iar,.0..vv. : sioux con ;;;;; ""h.o "? Iron Blossom Carisa i Nevada Hills ", o'.SO 2 ".55 |
