The San Francisco call., 1910-05-22
CALIFORNIA
Bunker Hill Dividends

Bunker Hill Dividends
At the Bunker Hill mine the drift at
the, 1850 foot level has been advanced
over 100 feet into the ore shoot, the
ledge so far showing all the character
istlcs Of that opened up in the 1,750
level. So far as it has been penetrated,
the grade of ore is low-most Of it too
low 10 mill. This was the experience
IN the level above at the same point.
pated The superior grade OF ore is
not looked for until the drift has been
extended about 200 feet farther, and
THIS VIII take, from five to six weeks
more. Everything looks favorable for
Just the same kind of rich rock as ap-
pears IN the 1.750 drift, where the rich
ore body has been drifted upon for
over 500 feet, from 10 to Is feet wide,
some or II of bonanza character, and
all good milling ore. The limits of this
remarkable shoot has not been reached
yet Inc last clean up was over $24, 600
for the month, leaving a goodly sum to
be carried to the surplus after paving
the the usual usual monthly dividend of cents
The directors this month decided that
an extra dividend was in order, and
gave the stockholders 10 cents per
share in addition to the usual dis
bursement of cents per share. This
makes 10 cents per share, which will
be paid on the 18th, making $4,000 in
dividends for one month with 90
made by any mine on the coast with
like milling capacity? The stock is
stlnenlng in price, 81 per share being
Ledger.
Rich Ore in Champion
At the Champion mine. just below
the Pennon Blanco, there is 200 tons
of ore in the bins OF the mill which is
said TO have value of better than $50
per ton; Ihis ore was found on the
Iootwall VEN which was not known to
exist until discovered by driving a
cross cut after the mine had been given
up by a wealthy easterner who was
advised that the property was of no
EsIue. AS soon as the electricity is
brought into the Penon Blanco by the
Standard electric company the ore will
be crushed.-Sonoma Union-Democrat
PenOn BIanco
The Penon Blanco mine. which is
Just across the county line in Mari
posa and which is under option to T
wilson, New York broker has over
ting the property ready for the install
iation OF heavy machinery A com
p1essor has been shipped for delivery
10 the mine which was hauled only as
far as Cooperstown as the car was too
heavy 70 pull over the Sierra track be-
tween Cooperstown and Chinese. The
pounds and as there were no wagons
IN that part of the country stTong
enough to get the compressor 10 its
oes oestinati4n "a. on the. problem was given
N equipment of this kind shows that
Nllson has a firm belief in the future
or the property: Captain Ward. the
owner, has had the property number
OF years and had il opened in shane.
70 attract the attention of capital seek
ing large low grade mine Electric
power is being brought to the mine
oy the Standard from the end of its
system Just beyond JacksonvilIe and
Win the installation of electricity the
Iunper OF men employed will be
Black Bear Mine
-ETNA MILLS. Siskiyou County. Nav
THE famous Black Bear mine.
gohn Daggett, that has been closed
Gown Tor several years, is being opened
Prudential Mine
E. W. Tarr of the Tarr mining COM
pany can no longer keen the water
turned off from the Prudential mine.
an an injunction having been issued to
County Clerk Coughlan. Sheriff Walker
served the mandate and E. w. Tarr
promised to start the water running AT
once. The water was turned off about
down, about Is men thrown out of em-
ployment and the mine was filled up
with water in two levels. The prop
erty VIII soon be working in full blast
The Prudential mining COMPANY
through their attorneys L. P Larue
and Thomas S. Ford of Nevada Citv.
nave brought suit in the superior court
against the Tarr mining company re-
questing that a preliminary order be
issued the plaintiff by the court pend
ing the trial of the cause, admonish-
ing and restraining the Tarr mining
company from committing anv threats
made and that the Injunction be made
semieternal Also that defendant re-
frain from interfering with the plain
that runs the mill and plant of said
property.-Grass Valley Union.
Golden Eagle incorporated
Articles of incorporation filed bv the
Golden Eagle mining company with a
capitalization of 81 SOC, coo were the
largest received in the Office of the sec
retary of state the other day The
Golden Eagle company will conduct
general mining business and has in,
corporated for the erection of all mills
and plants, and the transacting of all
general business incidental to mine
work. The seat Of its operations will
be in San Francisco.-Sierra Times
The Hoag District
A number of parties now located in
bldwell are figuring on securing leases
in the Hoag mining district and as
some OF the principals are experienced
and have the capital to back up their
judgment, 1t begins to appear to the
casual observer that the shipping of
bullion viii be the rule in the very
There are several properties in the
district that have made wonderful
showings. but, from some cause or
other, have been bottled up and the
values permitted to remain dormant
But conditions are changing and. al
though we are not at liberty to give