Show ONTARIO DIVIDEND after a suspension of dividends extending over a period of fifteen and a half years the ontario silver mining company operating the famous ontario mine at park city utah has reentered entered re the list by calling for a disbursement of 50 cents a share or a total of to be paid july ath to stockholders of record of june the ontario up to the first of the present year had held the leading place in the matter of divi bend payments of the great park city district since the early days of the camp it was passed by the silver king coalition on january but the present declaration again places laces the ontario in the lead its grand total is now its last preceding dividend was paid in december 1902 it is expected that the company will again go on a regular dividend basis and it is said that the present payment marks the first of a new quarterly rate important new discoveries have been made the present year in the deeper workings of the mine and park city interests even go to the extent of saying that its present condition compares very favorably with its old bonanza day according to reports from the ontario offices the company realized approximately in march in april and in may the ontario now is the biggest producer in the way of tonnage in the park city district the output averaging well above a million pounds a week during the latter part of last year the shipments were composed largely of old dumps but in recent months some high grade ore has been developed on the lower levels and the returns increased accordingly J E bamberger is president of the company with ernest bamberger as t general manager and newton A dunyon as superintendent |