Salt Lake Herald | 1899-08-24 | Page 6 | May Pay Dividends

r AY PAY DIVIDENDS I What the New Mi Means to the Anchor t ONE CODIPANYS PLUCK STOCKHOLDERS ABOUT TO REAP THEm REWARD t t I t Old Mill Will Be Shut Dow a Few DaysImproved Showing t at the Nine CentennialEurek leeting To Be ReId TodyPark Valley Mines r k 4 t The new Anchor mill Is reported by f W V Rice who is now in the city to r r be fat nearing completion In a few days the old mill will be shut down for b good and the big Corlss engine and I other parts of the plant which can be utilized in the new mill w1be moved and set In place The old mill had a maximum capacity ot 10l tons of crude ore in twcntvfour hours and the new one Mr Rice says Will be able to handle han-dle at least 40 per CCl more thah that The Anchor mine Is reported by Mr Rice to be steadily improving ant during dur-ing the pat few weeks a partcularly line showing has beer made and ht has no doubt in the world that sufdent ore will b forthcoming to keep thl big mi rummg steadily I Probaby no mine in Utah has had the sam amrunt of work done up nit n-it wlthcut paying dividends a the An hor and ceruitiiy no set of stockholders stock-holders hays hur on tG their holdings more perslctelt and If the company Is able as Mr Rice thinks I will be wlhln the next few mont s to commence com-mence distributing dividends the pluck owner ivit need to be congratulated con-gratulated Dbrin the Icng siege of depression when owners ot similar propositions everywhere got weak kneed and closed down the Anchor kept right at work and met Its payrolls from month to month with the same regularity that prevailed before disa ter began to stare the siverlead minIng min-Ing industry In the face That the company now begins to see its v4 out of the woods should be a mater for genuine rejoicing both among the stockholders and the neo Pie of the town It has done so much to help