Show A NEW DIVIDEND PAYER perhaps the most noteworthy mining property of utah at this time from the standpoint of records made during the closing year is the daly judge of park city all things considered it has done wonders last spring an eminent salt lake engineer after a professional visit to the daly judge during which he made a close examination of its resources said he would not be surprised if it should parallel the record of the famous ontario mine as a dividend payer that at the rate they were being drawn upon its proved up ore bodle bodies would not be exhausted in years and that while the daly judge has the largest acreage of any property in the park much of its holdings lie ahead of the present developments and are reasonably certain to prove productive trustworthy reports say conditions have vastly improved during the years work and the management has reason to be proud of what has been accomplished shed As a result of several years of development and the erection of reduction works on the of february fast the daly judge company of which J J daly is th the e e efficient f ri chent and popular president was in debt it has since that date earned an average of per month over all expenses and not only was the indebtedness wiped out by the following july but after paying a dividend of 37 cents per share on the of january next amounting to there willbe a surplus in the treasury of regular quarterly dividends devidn ds of 37 vz cents per share are to follow until further notice in making aking an annual distribution approximating at the price daly judge is selling 1225 to 1250 it would appear to be as saie an investment as any offering certainly the records and resources of other companies whose stocks are much higher do not make a correspondingly higher showing but they are on the markets of the great money centers while daly judge is only known on its home exchange it will be no occasion for surprise if after the holdings and the initial dividend payment the stock registers a marked and permanent advance especially as mr daly and the companas comp anys treasurer george W lambourne have been east the past month for the purpose of listing the daly judge on one or more of the big eastern exchanges |