Show PRINCE consolidated DIVIDENDS the prince consolidated mining co conia pany paid its initial dividend on july i 1 and greatly pleased and surprised its stock holders on the 2nd and by posting an all extra dividend of another 2 21 cents a share or payable august 2 to stock of record july 26 making a total of in less than sixty days the condition of odthe the companas comp anys pioche property is most gratifying and the fact that this mine has been placed on a paying and dividend paying basis can be credited solely to the efforts of the godbe brothers of salt lake who have overcome many obstacles in proving their faith in the ultimate outcome of this enterprise which undoubtedly now represents one of the best and largest mining propositions in the southern portion of nevada on the ath dinst the company placed in commission its horsepower electric hoisting plant and is now engaged in the exploitation of the sulphide zone in its property which sometime ago was most satisfactorily prospected by diamond drilling the drill holes disclosing the presence of bodies of sulphide ore to a depth of feet below the sixth or water level in the mine workings the ore carrying values of from 16 to 20 to the ton in the upper workings in addition to the great bodies of low grade oxidized ore there is a distinct fissure carrying from four to six feet of high grade ore some of which will go to the ton that has been reserved for future requirements and this has hardly been touched in the matter of extraction this in itself under ordinary circumstances would constitute a mine and will help greatly in increasing company income whenever required the stock of the company has been advancing steadily on the salt lake board of late the mine looks like one of the big ones of the west |