| Show lower 5 mammoth will become a big it I 1 e mine ready to pay first dividend j t the lower mammoth is surely on one e of the big mines of tintic gintic the ore body upon the level la is certainly a whopper supt bupt ball says that notwithstanding the fact that he haa has been driving through it for several weeks he is unable to even guess at its ibs extent there is no question but what the ore extends for three hundred feet abo e the level but the dimen siona of the ore at this point or below this point are unknown there ia is enough of the ore in sight to keep the little electric hoist on the 1200 level busy for at least tw tm ears and this means that the lower mammoth will be a regular dividend payer in the future the electric hoist that was installed upon the 1200 level is working p and is giving no trouble whatever the larger hoist aboe has given considerable trouble and mr ball informs the reporter that this piece of machinery is to be replaced as soon as possible the hoist which has been ordered to take its place will be one of the most powerful ever installed in tintic gintic and will be capable of sinking the lower mammoth to a much greater depth should the management find this necess necessary easan arl the way the min is showing up on the 1700 level leads us to believe that it will be a short time before a double compartment shaft will ba be a necessity the initial dividend from front the lower mammoth was declared last saturday and will be paid out to the share hold ers on the fist of this month this dividend is 5 cents per share on the shares or the mine has had many up and downs principally downs in the past but there is every reason to believe that the time has come for it to take its place anong the big mines of the state supt bupt ball who has been instrumental in putting the mine among the list of dividend payers is to ba congratulated iio he has made a splendid record and hia his tintic gintic friends as well as friends throughout the state are pleased be cause his labor has been crowned with success I 1 |
