| Show I THE D DALY WEST ES Most I rapid progress lies has been bon made by b tho time Mining company compan during durIn the past year ear and dead dent work which has been lagging for years year has been put through with dis dispatch dIspatch patch On account of ot tho the caving of or ortho tho the Ontario tunnel dead work at the time Vest was delayed until a n little littleover over oer a n year ago ao Since Sluice then timen It has been moving to the tho front with rapid strides and was soon In the tho rank of o dividend payers pers after aCter being tied up for COI three years vears bv by the time During the tho past mst year this property has imas distributed l to Its stock stockholders stockholders holders and anti the time prospects are that it will again declare a dividend In January Januar This matter has had not been decided upon by b the time directors but hut it seems scents most Since active native work has been heen started at the property the doing of a great groat amount of oC dead work was crowded Into one year Although It has imas been beena a n heavy expense profitable results have hare ha e been obtained One of at the time greatest pieces of oC dowel devel development accomplished this year was the sinking of or a from time the 1530 1550 level leel to the 1700 foot Coot level leol The Time was sent down on the tho dip of the tho vein and anti time the entire distance of feet teet being In ore of o an excellent milling grade throughout Along Alon this vein on the 1700 foot oot level loel which has ha been connected with time the shan shaft feet of or drifting has hils been done tione and anti nearly nearl tho the entire distance has been In ore of a atine atine tine flume milling grade graie In lit places have havo been streaks of oC shipping oro ore and omit there is considerable that could be marketed In some somo places tho the ore are L h body boti bod has hits been crosscut for 20 feet Ceet be before before fore ore getting setting both beth walls trails I SINKING ANOTHER j jA A is now being sunk below belo tho tim l 1700 foot level leel and on tho the ore oro body Although h tho timo has Imas gono gene down I Ih over SO 10 foot feet It Is still 1 In ore I of a I get d t I much h better grade S A 4 great ca cae deal e of t this la Is ore The rime cutting out of or the time shaft to the titO t i tunnel level will twill be completed shorty I and open up imp the tho mine to the tho 2100 fo fot t level leel The Time management mana Is also crom CrOs on the tho 2100 level leel to catch th 1 vein Exploration work is being carried on ta onon taen 11 on en time the level leel of o the tho Quincy and in tn foot level loel of the tho Daly West and I i l nt progress Is being made I II ore can still I he be taken tal en out of tIle tiiu I drifts on In the tile SOU foot root level leel All II tIme the development work stork below the time foot oot level 1111 been very cry satisfactory i tory tor anti and time the mine lu Is now nl being put Into shape hape whore If IC favorable ts I are arc obtained the tonnage will be In 11 Increased I creased very er rapidly 1 Time The company com Ian now hits luw In Its employ at tho mill anti and the mino men mell A I I second shift was added at tho time ml mil 1 I three weeks ago and the company b I i sending l lg out a steady tonnage cac cacti I I Throughout the year ear time the mill null ha Im imatt been running steadily stead II with but few etc exceptions This plant is one ot of o the highest hl helt in III efficiency In the country I and anil Mill Superintendent F W V Sher Shor Sherman Sherman I man mean has Imas established a u reputation that can scarcely be beaten This mill is isable I isable able ahll to save sac per cent of IC the time lead I contents of tho ore nrc and anti from SO 80 to toSo toSI So SI per iter el cent of tho time sliver silver This Thill if Ir m record has imas hn been secured by bythe bythe the careful attention Mr fr Sherman has given glen tho work york and the tho designing of it r special machinery for It CAPITALIZATION This Timis company Is capitalized at ISO i shares at 20 O each The Time total dIv divi dividends fiends paid to date are arc Tin Tim Ih m I officers are J B 13 Bamberger president dent H G McMillan vice president i J Barnett secretary W ST T S McCornick J nick treasurer The directors are 3 J I IE E Bamberger John Bern Dern W S Mc Ic Cornick H G 0 McMillan and F J II Hagenbarth I |
