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Show THE Cl T I ZEN 11 jjjUING DIVIDENDS PAID BY UTAH ORE PRODUCEBS Utah Consolidated Utah Copper I of been have dollars to Mi lions paid by mining companies Utah Mine Its stockholders in Utah and elsewhere, iwith the Utah Copper Victoria Pompa; y, one of the more recently organized, taking the lead Yankee Consolidated 9,650,000.00 136,689,257.50 281,800.00 207,500.00 192,500.00 i it Rat Vith a "otal dividend of $136,689,257.50. Tli j table herewith gives the dividends paid on mining stocks, follows (Annie beck dated from 1868 to January 2, of this year and are as ' : NAME OF COMPANY Dividends aurie .. $ 439,561.00 675,000.00 875.000.- 00 1.010.494.00 T ,nnel Consolidated 27,261.00 9,000.00 2.768.400.00 1.025.000.- 00 60,000.00 39.000.- 00 4.050.000.- 00 3.083.573.00 90.000.- 00 2.600.000.- 00 3.450.312.00 212.623.00 79,196.88 350.000.- 00 3.187.500.00 177.745.00 276.875.00 14,500.00 1,652,320.00 300.000.00 2,010,000.00 2,410,000.00 7,500.00 150,000.00 1,895,000.00 5,662,000.00 3,525,000.00 u to tafc Ik tot istffi part irei a. Dragon Consolidated Duluth and Utah and Blue Bell Eaglee Emma Silver (Constituents) Eureka Hill Gemini Gethin Le Roy Gold Chain ... Grand Central Horn Silver Iron Blossom 67,500.00 Keystone : Bell Lover Mammoth Little Mammoth May Day Moscow M. & M Mountain View Xevhouse Northern Ohio 144,656.75 Copper Ontario 14,157,500.00 71,918.00 31,964,936.00 Opohongo Park Utah Consolidated Petro Prince Consolidated 65,000.00 Quincy Pico Wellington Sacramento Silver Silver King Coalition and Constitutents King Consolidated : South South IIcla (now Alta Merger) Swansea Swansea Tetro Mu.. Slandard S:.in Consolidated Utah A x 60,000.00 65,073.00 2,840,000.00 300,000.00 67,686.00 12,554.00 600,000.00 20,000.00 l. 549,620.44 1,100,000.00 39,600.00 308,000.00 22,409,565.00 l,562,70o.00 4,500.00 3,885.00 872,630.00 79,900.00 470.000.- 00 334,500.00 18,000.00 5,809,587.50 470.000.- 00 2,529,285.00 SILVER Silver is down lower than it has been for years. It is said the chief cause is the announcement made sometime ago that India intended to adopt the gold standard and dump some ounces of silver on the market. England controls India to a certain extent. It is one of the English colonics. If England wanted to buy up a lot of silver, a little political work in India might turn the trick: Silver could even be lowered from its present price, but we do not believe that we will live to see the white metal as cheap as lead. Silver has always been a political football and tlie price has been regulated in London with the trade winds. A few men meet in an office and they fix the price of silver, yet in England there is no silver production. With our enormous production of the white metal we have no say as to what we can ask for it or to dictate the sale price. As a medium of exchange among the people, silver money is the best liked and if all countries used it, the price of silver would he where it belongs. The present low price of silver has hit the mines in Utah a hard blow and millions of dollars have been lost in the price of the metal the past two months. 700,-000,0- 00 OIL BOOM COMING The past year Utah got its first real oil thrill and noW there are numerous outfits drilling for the golden fluid with every assurance that the Utah field will be developed along profitable lines. Test boring by diamond drilling is getting results and any day now may bring in several big gushers. Some claim that Utah is a broken field and the oil has escaped, hut late drillings prove otherwise. Especially is this true in the southeast section of the state where it has been known for a long time that oil was stored there in large quantities. Favorable indications point to oil in this valley and if oil is struck in this valley it will bring about great commercal advantages. Many people are investing money as a first cost in getting oil and some of them will no doubt become millionaires. This is not to he taken that the people should enter every wildcat proposition, but where experienced geologists say oil exists it is a good gamble to invest a little money. It takes money to bore for oil and when found it takes but a short time to reap a harvest. Millions of dollars were wag- ered on the recent Dcmpsey-Tunnc- y fight which could create no new wealth ; the same amount of money invested in oil or mining stocks would have paid hack millions of dollars. Reports have it that one of the large oil companies have tied up 80 square miles in the Navajo Indian Reservation. The entire dome has been virtually secured by this company. It is said that a test well did it all. But this territory cannot be worked only by special legislation through Congress. It does seem a little strange that one company should have so much ground tied up, but reports have it so. It means that there must be much oil in the Navajo district and it also means that some day that part of the state will he the scene of a big boom. The League of Nations has purchased a site for its new home at Geneva. Doubtless it will be equipped with sound proof walls and shock absorbers. Lord Churchills speech on the European debts almost convinced us that we must have started the war ourselves in order to make money out of Europe. |