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Show AMERICAN CON. HAS BRIGHT PROSPECTS Word was rereived yesterday from the American Consolidated Copper mine to the effect that sulphides wore coming in strongly along the Silver King fissure In the drift to the south. The work is progressing at this point at tiie rate of five feet a day, according to the foreman's fore-man's report. The machinery recently installed Im reported re-ported as working perfectly, and. unless there, is some trouble, it is expected that the lime-quartzito contact will bo cut by Christmas. The management in confident confi-dent that when the Hme-quarUito contact con-tact is reached a big ore bodv will be found. Distribution Declared. ; From New York comes word oror Padper Bros.' privale wire that the I'nitcd Verde Kxlension company has de-j de-j clared a distribution of J1.&0 a srmre from Ihe reserve for depletion in addition l I the regular nu:irteily dividend of 50 cents I a sh;ire und an eira dividend of 25 cents I a share, all payable February 1 to tock of record January 3. |