Show The Ontario The Ontario having passed its regular dividend the shares took a heavy tumble the other day and caused a good deal of talk as to the cause of the suspension The Engineering En-gineering and Mining Journal of the 10th furnishes an explanation as follows which ought to be satisfactory satis-factory The managers of the On taria Silver Mining Company of Utah have issued a circular in which they announce that for the present the payment of dividends will be suspended There is nothing alarming in this conclusion intact it is another ample proof of the welldeserved confidence which the officers have in the permanence of their mine During 1831 and 1882 the property besides yielding yield-ing 1700000 dividends paid for permanant improvements to the extent of 85000000 and increased the accumulated surplus from 539 500 on April 1st 1331 to 238000 on December 1st 1S82 It has now been decided to purchase the ground adjoining the Last Chance being an extension of the Ontario property prop-erty and to obtain the control the Utah Eastern Railroad and the coalmines coal-mines with which it is connected in order to receive a permanent tJnnlv nf nhean fuel Tfc is pntn mated i that these additions to the 1 property of the company will cost about 55000 or 850000 above the cash in hand This sum the mine will have to earn before dividends can again be paid and a good surplus sur-plus be accumulated On the basis of past earnings this would take a little more than a half year |