Show i iii I Mines and and Mining Mining Stocks S OC S 1 j ri SIOUX BEGINS i r NEW YEAR RIGHT h 1 Posts Dividend of Eight Cents i a Share and Shows Up a aI I L Strong Treasury 1 The directors of ot the Sioux Consolidated t m met mut t in tn Provo yesterday morning and f Ii posted a dividend of or Sc Se a share on the 7 Issued shar In the company This Thia jf means that the company will distribute I this month the turn sum of or POOKS f will close dose on th the and payment pal will willI I r follow tollow on the th The company is making a line fine start for fora A a II prosperous years operations At the th I t annual meeting held the other day da it was r hown that the treasury reserve re erve amounted to over and that th t several c of ore m n transit and at the smelter were ti Kill I unsettled for 30 ao the probabilities ar arII II that yesterday when the dividend was as de declared dei i dared the company compan available cash iv amounted to more than WO The Sioux paid Its Us first dividend in th Oc October October October tober la Jast t It paid again In November and December and closed the ille year ear with a rec record record record ord of ot having presented Its shareholders with lie a share In ninety days or a to total total total tal of or At the present rate of e payments the company will enrich Its ll I stockholders to the tune of or a share shar this year yeu or at a clip dIp that would pay I F MINES I Continued From Page 14 1 GETTING INTO THE OE AT THE NORTH AMERICAN Manager Charles Morrison Morison of the North American property In Beaver county count came me up from camp Friday night He stated yesterday that the new shaft had been completed to the tho level tevel leveland leveland and that that as there was wa a nice showing of or quartz Quartz mixed with wih lead and iron at that depth It had been ben be n decided to prospect the vein before going ging deeper With the promise premise that a body bod of fine finer ore r Is 15 close coee at hand Manager ManaGer Morrison Morison has awarded a contract for drifting on the level The Te v n looks good god and strong and the foot toot or more of mineralized ledge matter mater Is counted upon to make into something better beter within a short dis distance distance lance tance tance It I Is the purpose to resume sink sinkIng sinkIng sinking Ing later and open the ledge ledgE at an addi additional feet In depth and so on until a adeep adeep deep dep and ad lasting mine has been ben developed de loped |