Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-12-16

, e. being done at the present time, ard
only the ores mined In the course Ct
Development are being taken out
In the Carlsa property, prop ~ eN-
traction has been going on from tn, $50
level up to the surface.
At prortuT shipments are being made
from all parts Of the property at the
rate OF from 500 TO 500 tons per month,
on cornlduy account, while the lelsc.B
are tuiting out from 100 to $50 tone.
Ccntennlal-llureka.
\ report which was sent to the
United States Mining company a few
months ago shows that The Centen-
uial-Eureka mine has sufficient ore I'm
gight at th!a time 20 bring in 100000
IN profits. These figures mean that the
Centcunill-Eurek mine is entitled 20
n place among the richest mines IN The
country barring none Few people
have any conception OF the magnitude
OF It's riches but when It Is given out
that the ore IN sight Will yield profits
oi $l0.0Uo.J00 II means that the value
of the ore exposed Is greatly in ex-
! cess OF that amount because &c will
| cost millions of dollars TO handle H.
| During the carly part Of the
| year when there was a scarcity OF ore
| at the smeters Of the United states
/ Mining company this mine was called
| upon to furnish as high as 600 tons
| OF ore daily and this was done without
taxing the mine tO its greatest ca
! pacty. In one week this property sent
to the shelter In the neghborhood Of
100000 pounds OF ore, almost one train
load each day. Before the roatemlal-
Eureka was taken over by the United
ID MA 4 IA
I'm dividends had been paid and since
that time it IS estimated that the net
earnings of the mine have been great
w IN excess OF that amount At the
present time the mine has q working
force OF over 300 men while the output
for IL months Of the year 1905 has been
2,Sl5 carloads Of ore,
The Little Chief
Is showing Ny wei under the direction
Of superintendent Joseph Hannilu ana
those who are familiar with the UNDER
ground conditions believe that the tu-
ture of the mine Is most bright Work
has been carried ON continuously
throughout the year.
The North Mammoth.
group Of II claims, adjoining the Cen.
tersiai~fureka anime ls being ,a.
veloped under lease ana bond held uy
Capt, Singiser and associates. Early
in July OF THIS year work was starteI
IN shaft on oJe OF the claims hut af.-
crwards arrangements We're made 80
RIM duit into The ground through tr.
old Muldoon workings OF the BulHOb-
/ Beck mine. 10 was necessary 10 do $50
feet of drifting 30 Book ground beGorn
1... ffF.| % B d.. .tH
reached, but 10 Us thought tnut 10y work
Ing the ground in this manner the OK
can be opened up much sooner and 70
less cost taan hy sinking q SHAFT above.
The amout of money which this bon
calls for Is $4,000 and short time
after the papers We're signed up Capt.
Hugo Dcprezm the owner OF the II
claims, had au offer which was much
better from The Centennial Eureka
Mining company and the money could
have been paid down at Ony time speci-
fed.
There is some talk Of starting Vorl,
on the Silyer-ApcN ground, which IS
situated between Mammoth and Eureka
or 90 the west of Centennial Eurek 1
holdings Tho stock nthis company il
| held principally by local people and
assessments win be lowed FOR the pur-
pose WI van .,' , W, W"' '''e ''u''
w resume '7 h'''''
Paid Dividend.
nh. W.T., .,,,,.,i,to.,, ..,..i,. ,...,.
its place ia the dividend payers column
this year. $4,000 or cents per share
having bs.n distributed among tho
shareholders during August. This IVES
tho first dividend since the present own o.
ers secured control of the properly from
the FraukiIn syndicate. ID was I'm De-
, cembcr. lgdl. or January 1902 that the
Yankees Irst dividend was paid THIS