THE ANACONDA'S DIVIDEND.
CRIPPLE CREEK, April 29.—The Anaconda will declare a dividend of 4 cents per share on the 1st of May.

The breast of the Anaconda tunnel is looking very well indeed. It is now in 1,080 feet, and surveys just made prove that they are within thirty-five feet of the Rustler vein. As work proceeds and greater length and depth is attained the indications are becoming more apparent that the tunnel is in close proximity to that well known vein.
The material is becoming more of a bluish character and in every way strongly resembles the ore of the Rustler.

Presently we are at the Anaconda mine, with its open quarry at the top of the hill, from which so many thousands were taken in the early days of the camp, and a series of tunnels down the side of the hill on the line of the ore deposit, whilst at the foot of the hill is a long tunnel of several thousand feet driven in on the ore deposit. We enter one of the shorter tunnels half way up the hill, and find the men at work on a breast of ore, which, however, shows no ore to the naked eye, only lava rock, very similar to that found all around.
The Anaconda seems to lie in a dyke of porphyritic andesite, with very well marked crystals of feldspar in a dark purplish base.

TO THE SPRINGS.
In Judge Pennington's court yesterday was heard the case of Steve Quick and James McClellan, charged with having stolen tools from the Wilcox lease on the Anaconda. Quick was given sixty days and McClellan fifteen days in the county jail.

ANACONDA/VICTOR NEWS.
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TWO IN ONE DAY.
Two men were injured yesterday in the Anaconda mine, but neither seriously.
One, named Fraker, was tramming, and was hurt by a rock falling on him from the stope.
The other, a man named Canty, was badly bruised up by falling. He was brought to his home in Victor.

Anaconda Gold Mining Company.—At the annual meeting of the stockholders the old board of directors was reelected. The reports of the officers show that the ore shipped had a net value of $5,524, at an expense of about $22,000, making a loss of over $16.000. Work was discontinued on company account in April, as no large bodies of ore were discovered. At present 25 sets of lessees are at work, and 16 are shipping ore. A 2 years’ lease has just been granted on the lower levels to responsible parties, who are doing considerable work, and are very sanguine of opening ore. The company received royalties from lessees to the amount of $24,531. Total receipts for the year, $36,998; cash on hand January 1, 1902, $21,940: total. $58,938. Expenditures, $31,027; cash on hand, January 1, 1903, $27,911. The company has agreed to give $4,000 toward the construction of the drainage tunnel.

A promising discovery has been made by J. L. Wilson in the Anaconda tunnel penetrating Gold hill from the south. He has opened an orebody on the junction of the Virginia M and Work veins at a short distance from the portal of the tunnel and will shortly commence production.

The discovery made by J. L. Wilson in the Anaconda tunnel of the Mary McKinney company on the southern slope of Gold hill persists with development. The vein cut, between 3 and 4 ft. wide, is assaying from $30 to $160 per ton.
Shipping commenced last week.

Eight sets of lessees on the property of the Mary McKinney company, three in the main shaft, three in the Anaconda, and two sets in the Howard-shaft workings are mining and shipping medium-grade ore to Golden Cycle mill at Colorado Springs.
No work is being done on company account.