| Show The Daly West Mine Faithful Old Park City Producer Producer Pro Pro- ducer Still Showering Wealth Upon Its Owners With a n record of or over o paid in dividends there thero seems no end to tho the wealth of or this property The mana management of at the property is In tho the hands of Mr Ernest Bamberger as general general gen gee eral manager who is ably assisted by Mr P. P L. L Williams as general Th The officers and directors of or orthe the company aro are J. J E. E Bamberger president H H. H G. G McMillan vice Ice president president I dent J. J Barnett secretary W. W S. S McCornick Mc- Mc Cornick treasurer with I F 1 J. J Hagenbarth Hagen flagon barth and W W. H. H Dickson son additional directors There was for a time when tho the company company company com com- pany WM considerably handicapped on account of haying having to confine confino it its energies energies ener ener- gies glos to the upper levels of or tho the property and while the results wore were satisfactory the they aro are nothing to compare with what hat J tho company could do had it not been hampered reli in extracting oro ore from tho the lower levels hovels of or the tho mine Improvements Improvements Improve Improve- ments have kept pace with tho the develop elop mont meet of or tho mine and the equipment in is tho very best known to modern en en- en Under date of July 1 1 General Manager Man Olan- ager Ernest Bamberger of the tho Daly West Yest Mining company was having th the regular quarterly report mailed to stockholders In full ruu this report is Js as ns' ns follows To tho the Board of Directors of or the tho Daly West Mining Company Campan Gentlemen Herewith Gentlemen Herewith la is submitted n a report of the operations of oC your our company com corn pany party for tor tho the months of or April Ma May and June 1909 Cash Cah on hand Mar 31 11 1 1909 71 Re c Oro Ore sales salos tons cru crude o ore oro 1 torts tons concentrates concentrates con con- 66 Miscellaneous re receipts receipts receipts re- re 1 i Iu re General Dal Daly Wo Wont Vest t Dinin tunnel de ded development de- de d S 1 Dividend No 47 H. H 00 nun EtI JI un Vu lumu I June Tune 30 1909 98 SO Dividend No o. o 47 17 of ot 30 c cents ntH per share hare amounting to wn va was paid April 10 lost last During the quarter dividend No 48 of or 30 31 cents cont per share amounting I I to wa was wall declared but is not pa pay able until July 15 16 80 so does doen not show in cash statement The ral raise e under the tho shaft In is up feet fact and nOli tale fair progress Is 18 being made Tho The depth of or the shaft ahart is 22 22 feet teet be below below be- be low the 1700 station leaving foot feet to conn connect ct A station Ims hins been heen cut at ot tho the 1700 level lo and tho the crosscut to the time vein at nt level has hns been advanced 67 57 feet teet Sinking was discontinued while station was being cut and crosscut crosscut cross cross- cut started but will be resumed imme Imme- Owing to heavy round ground and necessity of oC the time advance made mad in the crosscut to the vein on the drain tunnel level 01 has been en slow alow This cro crosscut has been heen advanced nd a total of or feet from point where hero crosscut to shaft was Willi started Jud Judging the future rutur from Crol the tho past the tIme stockholders of oC the tho Daly West Vest cst may expect expect ex ex- handsome dividends for tor years ears to come conic The management Is In capable and experienced hands bonds and the property proper proper- ty will be developed along modern and anti conservative lines JInes 1 |
