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Show In II EODDSURPLUS Quarterly Report. Shows Total Earnings of Nearly Onc-Hair Onc-Hair Million. PRESENT DIVIDEND :. COULD -BE RAISED Twelfth Level Work Breaks Into Big Body at Good Vertical Depth. A total net Income of $462,322 per quar-tcr, quar-tcr, against dividend requirements of $375,000, Is the gratifying record tliat has just been made by the Tonopah Belmont Mining- company and under the handicap of Insufficient milling capacity to boot. Tho company bus Just. Issued its quar-tcrly quar-tcrly llnauclal statement for the period ending May 31 last, showing receipts from mining operations. $10,5-15; ex-1 ex-1 penses of operation, $391,070: net income 1 from mining operations, 5458.4GC, The company hud a miscellaneous in-1 in-1 come of ?3S5G'. bringing the total net in- como to $G2.3iL,- The present dividend rate is 25 cents a share, or $375,000 a quarter. Tho statement further shows the following available resources- Due from the smelters on ore shipped, $190,-270; $190,-270; due from others, J12G4; loans, $250,-000; $250,-000; cash in bank, $S01,23S: total, $1,- To bolter conserve its intccrsts the company has mude preparations for In-stalling In-stalling a new mill of 500 tons daily ea-pacity. ea-pacity. which will give double the milling facilities and do away with heavy freight charges incident to present operations. Ground will be broken for this new plant before the end of this week, and plans have been well laid to bring about a record Installation. "Word from Tonopah yesterday was to 1 the effect that the management has driven into its enormous eastern ore bodv on the twelfth level, which is ap-proximately ap-proximately 1300 feet vertically. This result at depth places the scul of ccr-tainly ccr-tainly upon the continuation of these resources to depth, and such a result naturally enhances the possibilities of all the mining properties in that vicinity. Boston Mining Stocks. James A. Pollock & Co., bankers and brokers, furnish the following, received over their private wire yesterday 'after-noon: 'after-noon: BOSTON' COPPER RANGE. Salcs.l IT. U IClse Algomah 100 9i 91 9i Butte & Balaklava 5 15 R Butte Coalition ...... 104 191 lOfc Calumet & Arizona. 10i 573 57 o"i Chief Consolidated U U U Copper Range Gl f01 60J Dalv West 6 5b 6 Davis TJaly 100 90c S74c 90c East Butte 105 13 13B 133 Giroux Con 100 M 62 68 Granby Con G. 3Si 384 38 J Greene C 145 72 7 a 7P, Hancock 27 27J 27 J Indiana Copper 14 14 14 Inspiration Copper . 300 S3 SS SI Lake Copper' 130 3G3 3GS 363 La Rose - 105 4 4 U Mason Valley 9J 9 9 Nevada Con ? 191 191 191 1 Nevada Utah 70c 6Sc 70c Niplsslng r.5 10 10 10 H North Butte SSI 325 32 32i North Lake 130 S S 8 Ray Consolidated 17 lGi 17. Sup, & Boston 6G7 G; 6 6 Trinity 107 4 U U 1 I. S. Smelter com.. GO 38 3S 38 V. S. Smelter pfd 481 4SJ 4SJ j ITtah Consolidated . 97 17 10j 17 BOSTON CLOSE. I Bid. lAsked. Chemung $ 5.00 ? 6.00 Oneco 1.87 2.12 H Bohemia 2.75 .1.00 South Lake 8.00 8.50 Bcgole 4.00 4.25 Boston Ely 1.75 1.S7J Calaveras 1.S7S 2.00 Majestic .77 Nevada Douglas 2.50 2.S7J Ohio Copper 1.62 1.75 Yukon Gold 4.00 4.124 Victoria 1.87.J 2.25 Wyandotte 1.62 J 1.875 Butte & Balaklava 4.75 4.87 Arcadian 3.50 3-87J I'tah Apex 3-00 3.124 Tonopah 5.70 5.75 .Massachusetts 8.25 S.75 Parrot 11.00' 12.00 Shannon 11-00 11.50 U'lnona 8.00 8.50 American Zinc 27.G2J 27.75 Helvetia 1.00 1 .374 Kerr Lako 5.12& 5.20 Tuolumne 4.25 4.50 Florence 1.121 1.37i .Stewart ' .90 1.00 Michigan 2.00 2.50 Keweenaw 2. 3.00 Miami Copper 21.37J 21.50 OJIbway G.50 7.25 Belmont. 6.12 6.25 1 Mines of America 5.25 5.50 |