| Show lai large rue earnings from the ch chief ef Q mine shipping heavy tonna tonnage for the first tour four months of the present year the chef ch ef consol dated mining company earned 40 ac cording to information that wis was se cu clied jed today from manager walter nalter fitch ahe mine made the best re cord during march when th earn ings aggregated bat the showing for april was mas almost as good 13 gong go ng into the treasury after the payment ot of all operating expenses one thin thing that is espee lally tally gratifying in connection nith ith this is the fact that the mine seems to be in condition where the profits mill be almost sure to come along with aith regularity while the earrings earn for the last i ast few months have been higher than they were mere for th latter pa r of th yea year 1913 it in 1st st not be der booi that the company s ship ants of on orl have been coong con ing f from 0 the richer de posits which are fa found d 0 casio nally in most of tha th tin gintic tintic ic mines in fact very ery v little ol 01 th tit sensationally rich ore ore has hati bee mined ined at the chief C consol it so da dated t ed mine e daring the pre sent vear tear r e early aly the entire out put being 0 or only average grade and the mine now has two ore ss terns from which this product can be taken the next dividend from the chef ch ef consolidated consol dated mine is die olt 01 the 3rd of august and while the mine iselin ng rig a sum that is considerably considerable in excess of whit what is 13 needed for the pay nent of 10 per cent annually or 5 per cent semi annually it is antici that there will b no c change h a biot some months yet th mana manage ment being in favor of the acau mul a tion of a larger surplus it t s hoped that the mm min a e treas iry will mill contain batter better than after the payment of the august dividend of 5 cents per share all reports from the property tend to show that a great deal of atun tion is being paid to development ork and th s is oae ie thing that gives this mine such an appearance of 0 f permanency an interesting piece of work that has been r way may for same some little time is the sinking of the rom thel bOO level th ore ora having baving been fol followed lowet tor ter a distance of 50 beet belo v this po nt sone some so ne of the richest ore thit the chief his has ship ped in recent months his bea laen la en mm min d from this on cir ot 19 49 loi tor s netting the company 3 48 18 th s is bean o 0 stink on quite i rich streak of ore which may b considered onside red as th core or ot the ore body which has been and is still oe ng worked above the 1600 level and s beng be ng fol followed loRed up 0 bards the therefore this streak of ore in he will be probably fo ind to ie ae surrounded with ore of the same trade as the ore body referred to a love the m inze will be allo ved to ollow this lead and the work earn carri d along continuously and poss bly A hen half way kay down to the 1800 lev I 1 a cross cut from the shaft it that level will be started in the di action where this may 3 ex acted to intersect that level the shaft is already at th 1800 level to which po nt it was sunk last year and the station cut out the starting of the cross cut has been i N a ting the developments now be ng made by the this manner of mining el initiates a whole lot of in necessary prospect ng the ch ef consolidate Consoli dat d co has 3 shares of stock outstanding inZ and consequently a divid nd III of a cents p r shue calls for a trifle less than george tinsman who is project prope ct ng on the mountain to the east of goshen was in eureka during the v eek he made a trip out into west tintic gintic before returning LaBaroni to his camp which is near the labaron ranch |
