Show A DIVIDEND DECLARED Mercur Company Will Pay a Handsome One in April NEW BULL SHOWING WELL NET EARNINGS OVER TWEXTY FIVE THOUSAND DOLLARS Captain DC Lamar Has Decided Upon an Electrical Power Plant and Will Work the Wow Mill Tailings With Cyanide Contracts For Ophir Hill Water Being Signed Up Fislc Mill at Ophir i Operating Tennessee Rebel Group leased and Bonded By Hudson Smith Mammoth Investigation Nearly Completed After a silence of some five months the Mercur Gold Mining and Milling company will on the 10th of the coming month resume the payment of dividends divi-dends and on that date distribute among its stockholders the handsome sum of 25000 This payment will make the total dividend paid by the company 200000 I was not anticipated that the declaration of dividends would commence com-mence before next month but with the arrival in the city of W S Brown yesterday yes-terday morning the heavy majority of the members of the board of directors were present and as Messrs Dent H W Brown and W S Brown will leave for California on Monday next to be gone an indefinite length of time the conclusion was reached that the matter mat-ter of dividends should be settled without delay A meeting of the board was held yesterday afternoon and after listening to the reports financial and otherwise and ascertaining just what the new mill is doing the payment pay-ment of the dividend of 25000 or 12 ½ cents per share was ordered I is anticipated that this record will be continued from month to month although al-though nothing official on that point has yet been given out The showing made in the reports of the work at the mill and the showing in the mines was extremely gratifying to the members mem-bers of the board and demonstrated the unqualified success or the recent improvements All of the ore taken from the mines is now being treated in the mill at the rate of 150 tons every twentyfour hours While the treatment treat-ment of this mixture has had a tend ancy to cut down the average values I extracted from the ores yet the great increase in tonnage more than evens thing up and the revenues of the company I com-pany are said to be more than double what they were before the putting in of the new mill The stockholders of I the company have nothing but praise for the splendid and conservative manner man-ner in which the affairs of the company com-pany are being looked after by the I present officers This morning President Dern and director Brown will go out to the mill and mines for the purpose of making an inspection preparatory to their leaving for California In the county of Siskiyou located in the state named nam-ed Messrs Dern Airis H W Brown Heimrich and W S Brown have three very valuable gold properties and it is i for the purpose of visiting these and deiding upon their further development develop-ment with the best method of ore trpatment that three of the gentlemen will leave for the west on Monday |