Show utah s bonanza metal mines post huge holiday dividends all of big mining companies and some not rated in the leviathan class are gladdening the hearts of their stockholders by posting and paying holiday dividends the one and only regrettable feature of these disbursements lies in the fact that the proportion of home folks participating is not as large as it should be between now and the end of the year a total of nearly will have been checked out without counting utah coppers 2030 and any disbursements made by the mammoth smelting smelling sm elting don concerns cerns and their subsidiaries the figures at hand show that more than is represented in the years windup wind up contributions to the lucky people who happen to be shareholders in these various corporations utah copper is paying this year nearly in dividends utah people get a mighty small proportion of that when if they had keener foresight in the beginning they might have been pocketing at least a major share of the amount they have probably fared better in the case of silver king tintic gintic standard mid and some of the others but it is doubtful if they have appreciated the opportunities offered by park utah and certainly not in bingham b mines and chief consolidated on the ath of this month the directors of the tintic gintic standard authorized the payment of two dividends one regular quarterly of a share and another extra of a share the former will be checked out on the and the latter on january ad books close on both tomorrow the during 1925 the companas comp anys regular quarterly payments amounted to a total of a share and with the january extra a share an even better record for 1926 is freely predicted by those most familiar with the companas comp anys affairs in fact not less than 2 a share is ii anticipated because the companas comp anys net earnings are believed to be better than double that amount on the ad of the month in new york directors of the park utah consolidated mines company posted a dividend of a share for payment on the ad of january this will start the company into the new year on the same basis that it closes 1925 and leaves everything open for whatever action may be decided upon later when all of the details of merging a big string of bonanza mines at park city into the one mammoth corporation are finally disposed of and operating plans are matured directors of the mammoth mining company have declared a dividend of 10 cents per share payable december 23 to stockholders on record tomorrow this disbursement will amount to approximately and is the second dividend of this size to be paid by the company this year utah copper advances dividend rate the following telegraphic message from new york last wednesday is self explanatory the utah copper co p per company today increased its regular quarterly dividend from 1 to virtually placing the stock on a 5 basis the dividend is payable december december 31 to stock of record cecen december 18 simultaneously the nevada consolidated copper company a subsidiary of the utah company resumed dividend payment after a lapse of five years with a declaration of a quarterly dividend of 25 cents these also are payable december 31 to stock of record december 18 the last payment made by the nevada company was on september 30 1920 |