| Show dividend paying record of utah mines As indicated in the accompanying table dividends paid by utah mines during 1922 amounted to as compared with for 1921 nothing short of a world earthquake can prevent the year 1923 from yielding a much greater return the silver lead copper and zinc statistical positions all presage greater production and earnings and mergers of mines is being and will be for a time at least reflected in a smaller number of mine dividend exhibits but these consolidations and mergers t simply mean that more money will be available for distribution to stockholders concerned in the merging units because of the economies effected through greater efficiency of inana management gement and curtailment of operating operating costs within a year or two as new mines and prospects are whipped into shape the list of breadwinners bread winners will grow until another beroid or cycle of operation shall have brought on another era of consolidation and merger ten or twenty years hence in the following table the company records for 1921 and 1922 are given as are the records for a number of years back and the 9 grand rand total of disbursements on dividend account since the first compilations of reliable data five millions look small when compared with the peak record of over in 1917 but there is good reason to expect that even that high water mark will be submerged during the years to come here are the figures names of Conw anies I 1 year 1921 year 1922 grand total chief con alining co columbus rexall dragon consolidated deer trail 88 eagle blue bell 44 1652 iron blossom park city al S park utah mining alining co 00 silver king coalition tintic gintic standard utah copper co 1 RECORD FOR SIX YEARS AND GRAND TOTAL total dividends paid in 1917 00 total dividends paid in 1918 total dividends paid in 1919 total dividends paid in 1920 10 total dividends paid in 1921 total disbursements for the year 1922 grand total of utah mine dividends to date several of the dividend payers of the tintic gintic district which have passed to the control or ownership outright ht of the chief consolidated are omitted from the above table because their separate identity has been lost and their performances for mances in future will appear only in the reports of the chief company to make the cleanup clean up complete in the case of the park city companies which from now on oil will figure as park city mining smelting smelling Sm elting their total dividends have been included in the total of the company named also the companies which have not paid during the past two years are omitted though it is certain some of them will appear a year hence |
