Salt Lake Herald-Republican | 1915-04-11 | Page 23 | Iron Blossom Pays $100,000 Dividend; Has $200,000 Left

ION IRON BLOSSOM PAYS DIVIDEND HAS LEF LEFT Directors of ot tho Iron Blossom Blosom Mining company declared the regular quarterly dividend of 10 cents yesterday at nl the month monthly meeting hold at Provo This calls cals for tor the payment on April Apri 26 to stockholders of record April 16 the tho sum of at It I makes the second quarterly distribution this year ear 00 having been paid out on January Januar 25 and brings tho the total up to 2370 This is at a the rate UJ of at 37 a share It I is reported from Provo that tho the compan company will wil have ha more than In the tho treasury after ater this dividend has been distributed also that With wih tho the exception of ot February tho the mine has ha more than met tho the monthly dividend requirements of ot besides covering cover cover- ing log all al expenses expenses The Tho hotter better metal market of the past pat few tew weeks has added added ad ad- Ad- Ad ded considerably to to the to he monthly profits of ot tho the company compan Iron Blossoms Blossom's production in 1012 was 1679 carloads of ot ore in 1913 1912 1000 and in 1914 cars Its Ia January 1915 output was 99 carloads February 68 68 and March 71 7 Tho Time Eureka Reporter of at Friday y says nys Local officials of t tho the Iron Blossom company com corn pany panr s say there is no reason for tor the toe re recent recent re- re cent slump in the price of ot the stock on ou tho the Salt Lake exchange They declare de de- de- de dare clare that the mine Is looking as aa a well wel as it i has at on any time during tho the past six or eight months It I Is barely possible pos VIS sible lible that the fire tre at tho the Knight Chris Chrls mill mUl may have havo had a depressing effect on tho the Iron Blossom as 05 a mo most t of at I the tho ore oro which the mill mil was handling was as being taken from this mine EarnIngs Earnings Earn Earn- ings of the time Iron Blossom for tor the past pas month have been satisfactory I