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Show Paymaster Mountney of the Daly West paid the company's regular dividend of 60 cents a share on Wednesday, amounting to $108,000. A good body of pyritic iron ore has made its appearance on the 1100 foot level of the Lower Mammoth at Tintic, while the silver contents have Increased from 22 to 40 ounces, with fair showings of copper and gold. The big tunnel of tho Honerine mine is now to a little over 1500 feet and inside of the next ninety days it is anticipated to have tapped suf ficient ground to enable the owners to continue the triple apartment shaft downward as far as it may be desired to sink. m m On Tuesday when the time to make the sales of delinquent stock of the Sampson's propeities came around, there was not a share in sight, furthermore fur-thermore the 2 cent levy had been discharged in full while $5000 has been added to the stock so that development work at Bingham will be continued con-tinued indefinitely. As a number of fine ore exposures have been made it is likely that no further assessment will be made for some time to come. It is authoritatively reported by a prominent mining engineer, who has recently examined the Naildriver properties at Park City, that a fine showing of ore has been struck in the tunnel of the property, with a breast of high grade silver at a depth of 100 feet below the tunnel level. Simon and Louis Bamberger left Wednesday evening for Do La Mar, Nevada, where they will make a thorough inspection of the late developments develop-ments in underground work in their mines at that point. It has been decided to sink the main shaft on the properties of the Alaska Mining company 200 feet below the present lowest level of 450 feet. For the purpose of meeting this expense an assssment of 3 cents per share, or $12,000, has been called by the directors of the company. In honoring the victims of the witchcraft craze, in the latter part of the seventeenth century, we seem to be borrowing a suggestion from the members mem-bers of a Western mob, who, discovering that they had hanged the wrong man, called on the widow and acknowledged that the laugh was on them. Boston Transcript. |