Show TW M news IN 1 mining g bews it lion on blossom will pay dividend during april T tl al bl ti 1 P regi lar quarterly divi dt i d it f I 1 nag ionti I 1 ier er share of ot 10 0 1 0 will I 1 paid when tl ti e iron elos blos srm rm tire kirs bold their meeting epst montt is now practically as this mine like all ot of the tintic gintic properties has been handi campol cappo 1 in its reduction production during luring a pait of the present quarter but not withstanding the result ing from severe storms and car shortage the iron blossom has been I 1 1 aling up considerable money which insure a continuation of the regu lar dividends the comp company anys s shares have been stronger this week meek than at any time during the past wo months and earia in 10 ti tie e week meek a t report was cir ciliated to the effect that the new copier cop er deposit had been picked up on the 1300 level this was ancor however as there is no work under way on that level at this tilts time work on the copper deposit has been discontinued until connect connection ign can be made with the 1700 level and infer matlon mation from the mine indicates that two weeks meeks work will mill be sufficient to give the company the desired outlet for or Us its ores the completion of th s connection will be a great stimulus to operations in the north end ot the iron blossom ground where the cop per deposit has been developed and when the company commences amov ing this ore toward the smelter its revenue will be greatly increased keport report covering proceeds of various tintic gintic mines the net p proceeds of the mines ot of I 1 ah tah for the year 1916 as reported to date to the state board of equal have been tabulated by the board the proceeds for the mines cling filing their statements amount to W 37 the following properties are included in the list lower I 1 ower mammoth min alin ing company 2953 2 00 bullion beck cham plon pion mining co 1 11 00 centennial eureka min ing co 00 chief consolidated min ing co 00 mammoth mining co 88 00 dragon cons mining co 39 00 eureka hill mining co 3 00 victoria cons mining co 26 00 swansea cons aing co 1 09 00 eagle blue bell min ing co 19 00 may day mining mill ing co 19 00 united states smelting co r i 0 00 scranton mining and smelting co 13 00 yankee cons mining co 1 00 grand central mining co 31 00 new bullion mining co 5 00 stock of eureka mines ta listed on the exchange on monday morning the stock ot of the eureka mines company was call ed for or the dirst time belling selling around 30 10 cents per share before the shares vere mere listed some of the stock chang ed ban lian la Is as high as 35 cent cents and it is tl ought blat tl at some of 0 the brokers who were satisfied with double the noi not ey tl ey put into the issue were billing milling to sell the stock was put out at 16 cents a share and about J r sl ares subscribed by lo 10 t cal people who purchased it through W J tregoning local re presenta tive for the W H child co brok house the application tor for listing showed shoed that the company had 23 62 in the treasury and that the mine was in shape to make its first shipment f ot ore new ore developments have ji taken place during the past few F f weeks and the property is one of the tile IS most promising in this section in fact quite a number of local min i ing men believe that the ground will soon be producing a large tonnage of high gra grale le ore f W R wallace is president of the t company and james L berkley sec see dietary and treasurer ier the tile company is capitalized for 1 shares of a par value of 10 cents a share the treasury stock amounts to A shares of which shares still remain in the treasury the stock Is assessable tl TI e application states that the tile pro perty consists of eight patented claims tl TI e development work so tar far con osis of III feet of drifting and cross cuts from the shaft of the gemini property there are twenty five feet of and feet of raises rhe 11 company has machine drills and steel the ore Is 18 a sih siller or lead and j copper alex caldwell Cald wrt was in town toun toda fron his thoele tooele county mining milling pro pert perty ile states that the sharp property which he leased for sever al at ears eara is still producing some good ore the mining ground on which mr caldwell is now working is ad joining the sharp and no doubt con cairis the same ore channel |