| Show l d f l D News New From All AU fI rIl gi V 7 WITh Uie Latest MINI M MINING M INING I IN I J b Use the te Qa Camps Cp anti and on oi STOCKS T f Prices Hashed MARKETS CAMP OF NATIONAL PRODUCED PRODUCE IN MONTH MONT OF JULY Ray D. D Harris a former newspaper newspaperman man of this city who has been fully en engaged 1 cd in 1 minin mining at at several places in Nevada has bas pitched his tent in Sn the new camp of National From all ni accounts he ds as s in accord with wih the views of minin raining mining engineers who ho have hwe inspected th the new diggings and believes it i has tho making of one of tho the great reat pro sections in tho the west The two o h properties that arc are producing producing in ing fabulous wealth in in that district are arc the tho Stall brothers brothers' brother famous Icso and tho the National Mining company's compans bol holdings ant ings In July bullion tho-bullion tho shipped from these two workings s amounted to c The Theore Theore Theore ore is gold and ander very er rich an illustration illustration tion of this being the u uncovering of a chunk of gold Jol bearing arn rock that weighed fifty pounds the values valLies alucs in which amounted to approximately In Mr r. r Harris' Harris newspaper tho the National Miner Min r. r ho tolls tos something of these wonderful wonderful won won- properties in the following manner man ner The combined production of tho the company workings s and the Stall Stan lease for tho week en ending in last Saturday amounted to Nineteen bars of bullion bulon valued at that figure were went sent ent to the tho United States mint mine at nt Car Car- Hon BOH City in two shipments durn luring during the tho week weck h by President John E. E The first shipment of the week eek was ag made mado on Monday when Mr Pelton took twelve bars o of tho the precious stuff valued at to tho the express office oleo in in Winno Winno- for shipment to t the mint Tho The second seven oven bars valued at nt was made Saturday Mr Polton seeing fleeing n it safely dc delivered red to tho the rai rail rail- road As upon all aH occasions when shipments ship ship- ship ments meats arc aro mado Mr Polton and those persons who vho accompanied him on his two trips to the railroad last lat week were armed to the teeth i As AI stated previously in in the tho Miner Mr Polton estimated that tho the production production production tion of tho the property proper for July Jul will wi reach And he be has good reason to t Hr lix tx his estimate at tho the figure named for forthe forthe forthe the ort ore showing in tho the company and lease workings is steadily saih improving in and there is every Ever rOl reason o to b believe levo that that it will trill rl continue to do so 80 Tho The incline shaft on the Stall lease has ha attained a d depth of about abut feet and within a n few moro more shifts shifts' shift work its is bottom will wi have reached tho the level lovel of tunnel No 4 of tho company workings Only a smal small email amount of work will wi be required in in connecting th the lease shaft with the the tunnel tunnel Tho The amount of rich ore that is IB bein being extracted from the bottom of the lease shaft and tunnel No 4 workings is tul truly marvelous his is Referring to the thc payment by company copany on the of a 5 per percent percent percent cent dividend on shares of outstanding outstanding out out- standing stock tock President President Pelton paid said I t will Dividends Divided be bo paid monthly in inthe tho the future We Wo have bave not yet decided whEther whether we w will wl pay a 5 or 10 per cent dividend in Au August si It I is i certain wo we will wl pay 5 per cent and perhaps 10 Sino Since the first frt of May last the property has hB produced bulon bullion from first class class' clu high hh grade Jade ore alone to tho the value of not loss less Je than Prior to that date dat no effort efort to extract ore oro was made in the company workings 8 Prom From September 1 I a year Cr ago when Mr Pelton Pelton Petton Pel- Pel ton and his associates took tok possession of the property until May 1 I last tho the sum gum of O was spent in development development develop develop- ment work work Mr secured an op option tion on the property on January 9 9 a year year a ago o. o and almost immediately following fol fol- lowing the Stall brothers mado made their first frt trig big strike of high grade rade ore oro on their ther lease The success of Mr r. r Pelton in securing securing iD ing the property and the ablo manner in which ho be has ha managed it has hs attracted attracted at at- widespread attention in tho the minin raining mining world That ho be and his associates aso asso asso- dates will wi be bo made many times millionaires sail mil mi through their ownership of tho property is certain certain Not only through his success with his National property but in his operations in Colorado Colo Cola rado California and in in other camps of this this- state namely Goldfield Goldfeld Vonder Wonder Seven Tou Troughs hB rind and Rawhide Mr Pelton Polton Potton Pot Pol- ton has ba demonstrated himself to be a thorough h miner and a shrewd manager and is deserving of the golden Jolden harvest ho bo is at present reaping He le come como to Nevada from Montrose Colo Cob four and anda a half years ago and in in doin doing so 80 made madea a Ju ky mi migration raton |
