Show COMPANIES HOLDING A number of minin mining companies are areto areto areto to hold meetings s in this city this aft aft- Uncle Sam Sain and amI ray May Day directors directors di di- rectors will wi get together and audit monthly monthly accounts C. C C. C Griggs will wi be beon beon beon on hand and make a statement to the directors regarding operations and make certain recommendations that tat will wi be of great reat assistance in directing the affairs of these comp companies niEs When seen this morning moring Mr Grig Griggs s said that they were extracting an average aver average age of one car cr a day from the Uncle Sam The first frt and and second class ores mixed carried values that would net the tho company approximately 29 to the theton theton ton or the same sam profits maintained during the greater greaten part of last year At that time in dividends was paid and it is the opinion of Mr Griggs that they will wi be able to make as creditable cred cred- liable a showing during the remainder of this year A At t the present time the Uncle Sam company is in a position to declare a dividend according to the superintend superintend- ent No dividend will wi be bo considered before next month however as it is said to be the policy poley of the tho company to be conservative and and- accumulate a surplus for any emergency ant that may arise Tho The mine mino is opening up a larger ore deposit in the tho Humbug end of the group It I appears now that the company com oem pany is assured of a R profit making season season season sea sea- son which will wi extend over many months Operations on the May ay Day Dav Day are arc being being being be be- ing continued Some ore oro is beng being extracted ex ox- but the lowest level of the mine has failed to show v any extensive bodies bodles of high grade ores |