Show chief cons M mine ine Is heavy shipper shi apper editor of boston publication examines property and publishes an interesting report HE last issue of the boston THE commercial one ol 01 the leading financial publications of the country contains an interesting ar tide regarding the chief consolidated mine at this place mr walker the editor of this paper has paid the chief cons two vis ts during the past two years he states that when he went through the mine a short time ago he was mas astonished by the improvement that had taken place s nee his previous pi evious trip the follari follow ng paragraphs are clipped from his report at present chef ch ef consolidated is sh pp ng tons odore daily and it is my estimate it has sufficient ore developed and par per bially developed to continue pro at this rate for several years this ore occurs in two big shoots or pipes are known as the level and the level deposits the former has been developed for a length of feet and down to the 1400 foot ivel 1 vel and in places it is 60 or no 70 1 beet square the tie level deposit promises tf develop as large and nd of equally high grade the 0 or as minel mined yell ding after freight freigh and treatment charges f from rom f i 3 to 50 per fier ton the best car mined ined from rom this shoot baroug brought t 10 or about P pc per r t to ton this depos t has been cevelo developed ed s so tout far for a vert icle de depth ath I 1 of about feet both d deposits poi 8 C continue large and in place ic in the top and bottom borki workings gy and may be expected to C continue on for a cons demable farther up and down lat last year chief consolidated v earn earned net it sh aped about tons of ore which averaged about 29 ounces of s I 1 ver and 5 gold per ton and a net profit of 10 per ton over all expenses this made it poss ble for the company to pay a dividend of 87 60 10 cents per share on its ng shares and put as de a treasury surplus of so far this year the company has been shipp ny anz a somewhat lower average grade grade of ore and using the greater portion of its profits for development mork |