Show T aa i w AND MINING R MG s y another dividend di irce t 0 rs of 0 the daly aug posted a dividend of 15 cents amis a share last Satur Sa dk the amount to be distributed i and payable october 25 to shareholders of record on october 12 this company has been one me of the largest producers in tire the park city district dist riot for a number of years and since most of its high grade ade deposits have been worked out a large quantity of second class ore has been developed and this is now nov being treated in the company plant near the main hoist leasers leaders are still working in portions of tile mine or what is termed upper levels this work is confined to the old levels where some small streaks of rich ore have been mined in paying quantities tile the company is doing some work of its own account and in this manner a considerable portion of the present extractions extract ionis a first class elass pro luct duet in the lower levels all the work is being done by the company manager mcmillan keeps heeps a good sized force engaged in taking out the mill arc product induct and ean conducting ducting extensive development if it is found that a sufficient tonnage is developed of a mill grade I 1 to insure large production for a period of years the directors may decide to construct a mill plant at the mouth of ontario canyon where water would be provided at all times and tile ore could be sent out through ii tile tunnel and save the expense of raising it to the surface as under present methods it is hoisted lio isted from a depth of feet daly west lias has had an eventful career extending over a period of about fifteen years and lias has been a dividend payer for about thirteen years it was the second oil of the three daly properties opened up by jolin john J daly in park city which have been breadwinners this one hn hns s paid in in excess of in dividends to shareholders and according in to the management it ii expected to continue profit disbursements bur for some time lower longer it employs a good sized force of men and is one me of the three largest operators in im that camp today evening telegram the revelator sam hair superintendent of the new revelator consolidate Consoli dat ed mining cum company pamy was over from S snake nake creek wednesday last and reports conditions most favorable at the promising property of which he is in charge the new company lias haf ample means to carry on developments de vel on a large lar ge scale arrangements range rainge ments are completed for tile installation of all necessary machinery and when this is is done dole work will be prosecuted with an increased force and tile big ore bodies known to exist exis t up and marketed great things are expected from snake creek in tile the very near futi lve the ontario mill workmen are still busily engaged ga ed in making necessary adjustments just ments and improvements at it the above mill in the meantime antimo ine ore is being crushed crusted and satisfactory work being done by the new process no effort will bo be made for several weeks to work a large tonnage work will be prosecuted rather in an experimental way under the capable supervision of superintendent T 1 P holt and has adjustments are perfected and necessary change completed the tonnage will be gradually increased and before the winter is far advanced full capacity will ill be rea readied clied and continued indefinitely the men in charge of tile the mines operating company are of the thorough kind who believe in nia making liing haste slowly in regards to their absolutely new me method thod of concentration tra tion in order to carefully test and demonstrate every phase of the process so that when proved work can proceed with certain known results superintendent holt went to salt lake thursday last to undergo treatment for an infected eye lie he expects to return next week able to proceed in the work of perfecting de tails the old daly superintendent dick pelto palton is vigorously vi porously pushing developments at the daly no publicity ix is being made as to what is beins in done but nevertheless conditions are decidedly favorable and there is a good showing of 01 ore c it is a certainty that good news will soon be forthcoming from this old dividend payer paver and future regular producer new york tile the new york bonanza bonan a has new nev to report accord according no to superintendent mcgill work is being confined eon lined on the where a little ore is exposed right along As yet there lla lia i been no assessment levied tins month and it is hoped enough ore will be marketed to make inake this disagreeable feature unnecessary crosscuts Cross cuts secretary frank J Weste ott of the king coalition came up wednesday last from salt lake with the regular 0 monthly jo pr producers od acers of his company superintendent 21 J me megil gil was a visitor to salt lake this week on business connected with the new york BoTi anya shipments silver king daly west daly judge jude total |