Show mines and mining leasing at uncle sam aix blocks of ground in the upper workings of the uncle aam mine were turned over to leaders last saturday batur day these leases are all above the foot level and while the company has taken out a great deal of ore from these old workings there aie still many small stringers of ore which the leasers believe will lead them into something good it was in the aper workings that the company found some of the richest ore shipped in recent 5 ears and it will not be at all surprising if some good strikes are made bupt supt has given the leasers a more liberal form of lease than exists in most of the mines where the leasing system prevails and this will enable them to mine and ship the lower grade ores at a profit under the contract which the uncle sam mining company has with the smelters uncle sam dividend at the regular meeting of the diorec tors of the uncle ism company last saturday the usual dividend was declared payable on the of the month ahe mine and mill are how earning a sum considerable in excess of the regular dividend ii yankee may sink shaft the new compressor of the cons is now furm shii g sufficient power for the work at the mine in fact the company will have power to sell to acme of the other manir g companies contracts were recently let for g upon the and foot lev els the contractors who were at work upon the foot lev el found that they had taken the work at augure that was too low to admit of any and conic gave up the weib good pro gress is however being made upon the foot level prof N lehman states that the company may decide to sink a main working shaft ahw shaft will proba bay be put down to much greyer depth than any of the present workings mckinley assessment at the meeting of the stock holders of the mckinley mining company on tuesday night another assessment of of one cent per share w as levied fhe old constitution of the company made it impossible to jev more than year but this action was amended at the meeting this week work upon the property has been going on with interruption for the past two years and the mai age ment is of the opinion that before many more months there will be some important changes underground swansea pays dividend the directors of the swansea mining company on saturday batur day n orang declai ed a dividend of a able on tl e of the present month with the payment of this dividend the swansea company will have distributed to its shareholders the total sum of 1321 ahe developments at the mi ne con dinue to meet every expectation the manage ment q i aly to lay by each month g nerous i with which to strengthen the faith of the stoc khol leai in their i os sessions grand gentral and victoria declare dividends As foreshadow ed in our last issue the grand central and victoria mining companies met at provo monday and declared the usual monthly dividends fhe grand central is 6 cents per shale or 15 and the victoria 4 cents per shale or 1000 both dividends will be backed out tomorrow left for nevada dr P marveille Har left wednesday afternoon for the captol and from there he will proceed to humboldt Huml county nevada the trip is being made for son e salt lal e parties for whom the doctor has secured some valuable volu able ground in that section before le turning home dr marveille Har will take a trip into douglas county nevada where there is considerable mining ex ci lement at the present time and where the doctor has acquired some valuable claims the lower mammoth general manager john dern leburn ed to salt lake after having visited the lower mammoth and uncle sam properties the low er mammoth has completed plans for a greatly needed del arture from the present s stem of ore extraction which will be followed in case the proposed increase in the capitalization of the company is made or denied this consists of not sinking the shaft to the 1 00 foot lead but the continuation of the from the 1500 foot level to the deeper station it is likely that this w ork will be under taken without delay and it will in no interfere with the larger scope of equipment and development in case the stockholders decide to raise the capitalization of the company to sharel as has been suggested by the directors mining noted walter fitch was out from salt lake again on wednesday has purchased the old billings iron mine in east gintic tintic the eureka mines i aid off their em this week most of the pay day falling upon the of the month newton dungan came out from bait lake on monday night and the follow ing day drove 0 er to the scranton mine in north gintic tintic secretary george W biter of the eu lekh hill company came out aiom salt like last night for the puri ose of look ing after affairs at the company s mine joaeph Orben dorfer came out from talt lake last friday night and the following day inspected the I 1 ittle chief he returned to the capital the following afternoon bupt supt the old scotia mine in west cintio came in from the property on tuesday and took the afternoon train for bait lake where he had been callejon cal ledon account of busi ness matters john H mcchrystal and frank harris of salt lake returned tuesday from west gintic tintic where they went to look oer the tron mask property which is located a couple of miles to the west of the old mine the victoria gold mining company of north la preparing to secure a united states patent upon four claims which are included in the group mrs E S egbertson Eo will probably let a contract for fatty more feet of drifting the new machinery at the star cons w aich was started up for the first time a couple of w beeks ago is running v ery sn boothly and bupt supt turner is now placing the mine in proper shape for the camp agn of develops ent work which has been outlined william hatfield returned to provo on monday after having spent a few days at eureka he stites that there is nothing particularly new at ane snowflake but that the work upon the level has brought about some changes which ire highly encouraging D A depue sent out a trial shipment of three carloads of ore from the slum pond of the old parrel mill at son if the returns are satisfactory the entire dump which contains sev eral thousand tons will most likely be shil ped dave hutchison Hut chisol injured h s back on monday while in the grand central mine A machine upon which hutchison wis working fell and struck him the manjack was quite bad ly sprained and dr hensel was called from eureka to attend him drifting from the foot le the american property started a few days ago 1 he owners of the ground believe that they will soon be able to open up some of the ore bodies which have made the adjoining property the beck tunnel such a rich bonanza the breaking of a plank upon which he was walking caused frank 0 o fill a distance of two sets or about 16 feet in the centennial eureka mine his chin struck a biece of timber and he was rendered unconscious it was some minutes after that he was found and removed from the mine dr hensel who was called to attend her ry found him to be suffering from a bid ly wrenched back his body was brurud in laces but as no bones were broken the injuries will not be serious the leasers who have been conduct ing a clean up at the cureka hill mill hav e about con plated their work which will give them about 30 pounds of mercury and two bi of bullion the mercury is said to be worth about 60 cents per pound while the birs b irs of bullion are v at each the machine of irvn e which was invented by that gentleman tor the purpose of separating gold from sand was used to good advantage in the clean up of the old mill beck junuel in line the beal tunnel directors held their meeting at provo on the and de dared the regular dividend of 2 cents per share or 25 this money will be sent out to the stockholders on saturday little chief still climbing little chief stock has been climbing upward this week and yesterday sold as high as 20 cents upon the silt lake stock exclia the conditions condi tiona under ground are said to be improving with every shift and the chances of opening a large ore body never better bansa dividend the directors of the bansa mining met on monday and beclar ed another dividend to be paid on the this is the third dividend from the bansa in as many months and from all indications other dividends will follow regularly as the mine is now shipping about 2000 tons of ore each month gintic tintic ore shipments fhe ore shipments from the mines of gintic tintic tor the week ending today were as follows carloads eureka hill lease 13 may day 4 eagle blue bell 6 yankee beck tunnel 5 bouth swansea 1 uncle sam 1 centennial eureka bullion beck gemini 11 Bc ranton 4 dragon roo 6 swansea 1 D A depue 3 victoria 3 grand central 3 mammoth i bansa 5 ajax 3 atar cons 1 total concentrates godiva mill 2 uncle sam mill 2 |