| Show tintic gintic looks better than ever will 0 higgins one of the beat be ki own mining v writers in the state and editor of the salt lake mining N ae N ie lew always b has as a bind kind word ord for tintic gintic chich he considers one of the af most remarkable districts in the west wept lathe f last issue of the mining review deft he says 8 f 1 l the knocker ha had his hammer out for tintic gintic district foi some time auf buTin tic evidently does not know itoi mind it one day the report aill v ill come out that tl ie is or that mine b ho 74 exhausted its ore resources an I 1 etc next day the mine attacked in manner A ill pause long enough t ti I 1 ost pt a dividend another man that tie colorado or S a million in ore in sight ard the next day the stock of that 0 c company 0 p dy will probable 3 droboff drop off a few af pf ti 1 1 t i and good showings for tid ron ge Siny iny reason I 1 ave a de 11 parsing effect ou on a mining company a itis almost a well established fact ta t T the best means to advance the pice of the stock is to levy an assess mot nt I 1 the world wonderlin won derin mining circles inthe in west is the centennial eureka arii cipf the richest mines and one of the greatest sh apers in utah this is owned practically by the united states mining con pany and this is probable 3 the reason so little is sa a 3 about it if it were owned by ir livi duals or a small local company tha papers would be full of it it is one of the pioneers of the camp and hoor 16 neighbors such grand old mines milies as the eureka hill bullion bak and gemini ke stone there is no letup in mining opera V t on s in tintic gintic district mining news continued outage 2 cintins Cint inu d from page I 1 december Divi dividends Jends one week from today several of the tintic gintic mining companies among them tl e colorado si ux ax iron blos som grand central and VietO victoria TiT will hold meetings for the burp se of taking action regarding their decem ber her div city de ids while it ii gener generally illy understood that the colorado dm bend is to be redu ed some somewhat Nihat some of the local sl ar holders are of the opu ion that the directors will aill favor pa ingae ing a i eight cent dividend for Decem december Dec embel bet and then starting out the ne new year vi with ith a s baller erdis dis tion the grai d central ai at d victor a mines acce according to the best tion obtainable will both take their places among the dividend end papers pacers this month ahe uncle sam will of course be in line with the regular amount of money iron blossoms no I 1 workings closed the iron blossom blosom th s week e ed operations at the no 1 shaft which ia Is upon the south end of the corn com ground this was caused by the smelters refu refusing ing to make the right kind of a rate upon this lar kind of ore the company has hai not however been depend ng upon the resources of this shaft for its divi bend money the or shipped from the no I 1 worlin workings s having just about pa d for hopmen work which has for some time been gong go ng on there and consequently the discon ti nuance of this work will vill no not inter fere fore with mith the regular dividends from the mine the ore produced from the io no I 1 shaft of the iron blossom is a low grade copper silver ore and as long as it wils in demand at the amel ter for a flux it netted the company about j per ton it has been gin en 0 it that the iron alosia a a n will connee to pay an all eight cent di dividend idena every other month and this being the case there may be no dividend in december un less the dir actors decide to make an exception and pass around a little christmas money diabo d drill doing good work the diamond drill which m was as re ceiply installed at the paymond ill anois mine has been in successful op oration during the past week and is doing splendid m work ork Pra preparing paring to incorporate gue gus doetsch was in from north tintic gintic yesterday and states that he be is just finishing up the assess mei t work mork upon the south scranton group of claims which he owns in partner ship with ith charlie parker Parke of this city the claims as the names imply are located lust just south of the scranton mine and promise to contain a good slice of the scranton ore zone dur dar ing the past few years this section has attracted considerable attention and the owners of the bouth south scranton group now have an opportunity to incorporate their aroun arouni I 1 and corn com mence development work upon a somewhat target scale the new company will no doubt be organized next month sioux cors shipping heavily notwithstanding tre tye act fact that the sioux mine has been shipping on an average of about I 1 to 0 carloads of ore each week local shareholders aie of the opinion that the december dm bend will be the same as for tl ti e month of november 3 scents cents per shaie shai e bupt william D loose who was in cureka the other day states th t tha mine is again producing a very nice grade of oie and tl ti e showing und and r ground is such as to lead the manage ment to believe that the present pro can be maintains l fur for nany months it is i more than likel likely how ever thattie th at the d rector swill will dav r ir 11 g a 3 cent ch dividend idena and a laing to the reserve fui d in the treasur treasure 3 low grade ore in gruth john be Best lemeyer manager of tl e G dutli property was in camp thin n or i 1 ig g and states that low grade 0 e I 1 ai teen I 1 een encountered upon the lo 10 foot level at a distance of about 35 I 1 et aiom the shaft the formation oi tl rough which the dr ft it is now pass i g arnes small mail values in gold gilven a d lead and mr Best lemy lemyer er believe t at small amount ot at work worl will open i p oie 01 e of a commercial val ie io assessment work completed al at nelson nas just completed the assessment work upon tha the magpie and babbit rabbit claims in the north tintic gintic dis net the claims are on owned ned joint ly by mr nelson the estate ot of the late ed nelson aud and nels nets nelson of council bluffs iowa splendid showing at provo over at the property of the provo mining c company development work is being pushed aloi alot g as rapidly as possible under the d of del roberts and the it n dictations for the opening up ip of another nice body of ore could hardly be better the drift which v was as rui rut in for the purpose of or cutting the main break is now in the iron and manganese formation and the showing leads to the belief that the lead ore will be opened up with the next few daa da s the provo is being worked by local parties who have a lease upon the ground ibis lease expires on oil the isu of march but the directors direct ois of the company have signified their willing ness to allow an extension the provo NN will ill no doubt join om tl ti e liet of shippers before many weeks as the ore has already been opened up upon two of the levels of the mine there will vill be no let up in the development work at this property satch engine for tintic gintic Ba baseness siness the rio clande ry now nov has a switch engine and train crew at work in tintic gintic the trainmen have haie their headquarters at ilver city ai at d in addition to handling the switching of the cars in they the aids of this road at abbu la reza a mammoth and silver assist in bringing bridging ome of the heavy beav freight lt lams alus i p the cam can on notice of annual meeting N cice is arely given that the P ati i ual ii 11 g I 1 he aai I 1 a il it mining coil can I 1 ai at y will he e I 1 el I 1 at it folli foil t e 0 or the at ri lor BIOS blos tote utah on oil moi mot lary lay beni beening ee ning 1 U en enter ter lith 1909 at 8 0 cl boik E echi 11 of offic officers erg ai d mothr b s new nes f i i I 1 ort i ce D D |
