Show IRON BLOSSOM HAS TREASURY FOR DiVIDENDS Rapid Progress Made at Shaft for Drain Tunnel Officials of tho the Iron Dos Blossom om company com cona- pany state that there thero have ha e been no new oro ore developments c but they were were- not surprised at tho the rapid recovery which the tho stock made after HH its IR recent slump Iron Blossom shareholders aro are expecting expecting expect expect- ing InS a dividend when the next quarterly distribution I is duo due and word from Crom tho the Provo office orico In Indicates that there thero wi with will l not bo be any disappointment on that score as tho time treasury now contains ful fully tho the largest sum that has reposed in tho the mines mine's strong box in several years ears says sas tho the Eureka Eurel a Ilc- Ilc porter 0 Everything E considered Iron Blossom looks good and while practically all an of the oro ore that Is now being shipped is corning coming from leased ground there Is nothing nothing to Indicate that the thc mine is on its last legs legs iii 11 in fact it appears to be good for or a u long lonh time to come The leasing of oC the tho older workings has been entirely satisfactory to lo the thc company's officials and this accounts account for Cor tho the present pres pres- ent cat system which gl She gives cs practically every level to lea leasers ers There is 18 no flO accounting for the tho capers which somo of ot the stocks perform on the exchange e but it i Is just a unusual unusual unusual un un- un- un usual to see seo the shares In such a splendid splendid splendid did old property as the Iron Blossom selling for COl 25 cents especially when the tho treasury contained almost enough mone money to give ho every o shareholder a suns sum equal to the market markot price of his hit stock It I Is understood that another weeks week's work nl bo be required to finish tho the electrical connection to tho the silo of thu tho Tintic Drain Tunnel company's s hew new shaft Tho The Utah Power Powel company has a 1 lar largo large o force at work on this line lino and tho the job is ia IS being carried along as rapidly rapidly rap rap- 11 idly as possible All 1 of or the thc machinery needed in sinking tho the now shaft has been Installed and Is read ready to go 10 Just as ns soon koon as tho the electrical energy eners- Is there to send It ii 1 forward Officials of oC the Knight companies aro just a little proud of ot the record which the they have made in getting g things In shape shapo for COl this now picco of oC development development develop develop- ment orl work It I haa M been but a few Cow weeks celes since the they mado made their first plans for tho the now new shaft shaH and that time roads have been teen built buil water lines Installed in installed In- In stalled buildings erected and machinery machin delivered on the tho ground round and er cry ery placed on its Is foundation If I tho time shaft work goes oes along at corresponding speed wo we 0 can expect to sec ace some some records record brol broken cl Good progress is also aho being made with wih the tho Tintic Drain Tunnel where hero the work worl 1 Is 5 supervised super b by Henr Henry Barney Barnor Bar Dar ne nor ney ono one of or th the old time old miners of ot tImed the tIme d district is t. t |