| Show GREAT Mimia linn J hIl to Shareholders In Months Ion h SpecIal Sp cal Correspondence Core July n 12 With the distribution lon of the tho th OO dividend of or the tho Colorado I that hat was declared Wednesday a total amount ot of S will wi have hare have been ben paid out by that maine to Its shareholders The Colorado 1116 as been in the dividend Wn Ju tv q The Thc J Wi doubt lub great geat it It iz peoples aro are Just junt be he beginning sinning ginning to 0 thi fact It has ha been only a I few rew months since tho tho oro vas wn first frt encountered and opening up of oL tho tine mine line has hal scarcely begun yet mIning men fliers who are lre supposed to kow know enow about affairs of this kind ray nay that there thore are Ire over orth of o oro ore In sight eight In the colorado Others stay pay that these are only ball an estimate Tho hl g about this mine Is l the rIchness 1 of ot its it ort oro or and the tho condition In which It t presents itself there ben being scarcely no waste and the tho ore are as al It ft Is in mined can be shoveled Into the tho cars and hoist holst hoisted holsted hoistad ed ad to the surface cutting mining ex ax expenses down to a n minimum when the tle value alue of or tho the oro ore Is considered con Tho The chief difficulty experienced In market lug Ing ng the tho ore are la lii 11 getting It hauled haul d to the railroad which la II l bl done by team Tho Th Colorado Colordo is II sinking another shaft over oer which now flOW no machinery will wIl be In Installed stalled and when ore oro or commences to toome tooms come ome from tram two tw shafts this tinIs bonanza I is H liable to 10 make sonic somie tOt ot of tire tUe oldest anti and 1111 biggest mines of at the state look like prospects There Is even Iven talk now that tho the dividend for next month will wi go ga over ocr 12 per cent The Scotia Scota mine In West TintIc has every Indication ot of being bing a 4 pretty big propositIon imposition J H 13 who Is ha Isn haIn In n charge of or development work vork at tha UI property was WI in 11 town this week en route to the tho mine maine from Cram Salt Salt I Hn Un made nn an unsuccessful tul attempt a em t while here Ilore to procure pr re men to take to West Vest Tintic to work Mr Erickson stated that the company com U is not nt trying tu to ship any ore ora at nt present and wilt will wi not at attempt nt attempt tempt to 10 put any aimy 01 on tho market until tho the railroad roaches roches that section which hl LU io wild would puhl probably be bo this j year ear car Or early next It I lu hi stated that the tAl com cent company cn pany In II contemplating building a mill millor mi for tor or the tho li II 1 trig Ing of at Its Is low how lOll grade grado ore oro ored nd d ship ChiP only the th high grade rock roc The Tho formation tornton nt at the tho Sioux Cons Is In with that it at t the tho Colorado says SUS saysA SUSA A N K In of oC develop development meat ment melt work worle nt ot this title property pro pert Tho TIme Sioux Sioux Cons Cal lies lel to tho th south of at the tire Colorado Colondo I The shaft shat IK imn now lawn down over ocr GO CO feet teet and It IH iii II expected by the management to get the Colorado vein at It n a depth of or feet New machinery except the thu holier boiler In being Installed and within 30 20 days dus tho time new hoisting plant Is 1 to tobe tobe tobe be working Water that Is III being piped In to this ground and amid also to tho the Iron Iroil ICing King will bo be 0 ready rendy for Cor use by b that time Jesse Jee Knight of or Provo Prove timid and Bupt John Joh Roundy of oC the Lime Colorado heck Bock Pun Tun Tunnel nIl nel visited the tho Star Consolidated Tuesday for time the purpose of at in invoicing Invoicing voicing tho ho campans nn property pre pro preparatory It JH Is Misted lo to tiM the with the mark lack Jack which dc tie lulls tulln will be ho b attended to within tho course of n rt few tel weeks It t t IH JI likely that work will ba ho continued at itt both On the tho level leel of oC the thu Cons Con a ml I drift U is being run out into Inlo tim rn purl 1 of oC the time ground mound urn Mr Ml 1 that It In is unx lous iou to 10 have hao thIS thin work go on J c C Jensen the president of lit time tho Frist Crown rown Point company save iy that th tim corporation now has about In III inthe the tho treasury which amount hula hns hi broil bran h from the tho sale lole of at treasury stock recently put 1 ut upon th the market Clerical Prep oratIons mire lire under way for tor tile tho starting of development work w rk tho the claims of or tte company now 1111 The TIle Crown Point Mining company In Iii another Into nt to tile the lilted Il rl s nt tit tire till district the tho recently been lIsted on Thin this Is tR mm another anal her of or th tIme tho inight holding laying to in the east of at lim tho Colorado O Tha company hUM now 1101 about r OO In Ill tho the Ir for development purposes PUt HOS m n ull ii tog for Cor time I Mm tn May Iny Mn l ay mine In Is erected time tho of the IIII cut en of ut the Hie 0 II I ell In lii Tire The i l of at tho Iho tim nt the EU EUrek lJ rek rein Hill Hili I Is III Kolni on OIl mid II will bo M boIn III In for tm tivo tive t IV hake luau linn return a II t two o wiek trip trill to lQ ci t J aX i lium with willi tile tio huller which time tho m ben operating for tor time will trill tine iho ci o of Augusi whon It II u Is then timen the tho will I lie III A In ta t K let get t a n bet het better better ter rate for tIme tile of ot UN ore or Au AUIt u l IMIS In iii Provo Mon Monday day for tho tim purports of attending li ii hi semen In lii connection with the I transfer of or the tte control of the tt American Americano to o Jc Jesse se Knight Mr Schmidt was wan one cue of or the largest owners In irs the American Frank P Swindler of or Salt Snit Lake was visiting tho the Ope and Eagle Blue BlueBell Jell Bell propertIes this tide week At the theO Op x he thu now shaft Is down about 50 tell feet feeLand and Mr h Swindler la Is ll with the thi showing at nt this depth Tin 1111 tie tb f Is l certainly booming said ho he end and from rom tho the present nt outlook tho the district hM bait ia Junt just began to o grow gron Tho The gentle nan luau took a II ti trip around tho the mountain 11 timId ind e himself r ns IS being great I I y surprised at what wan wa going on In indIfferent dIfferent parts of the district J P 1 Turner rumor who has hns for tor some time been superintendent of ot tho tIme Star Cons COli mine expects ex to go to Nevada where n a splendid position po awaits him just as ns soon as at the Black Jack mke over the affairs of or the former company The Tho neck Beck Tunnel runnel will distribute an nn another another other on the Oth of ot this th month which will bring Its total dividends up to o According to t those who have been underground recently the tho thomine nine mute never norr locked looked Jeter than It Jt does docs nt at present |
