Show 1 GRAND GULCH DIVIDEND Directors Post and Promptly Pay tho 2400 Dividend A3 scheduled the directors of the Grand Gulch Mining company met in the rooms of the Utah Commercial bank yesterday posted and a few min later had paid its initial dividend of 1 cent a share or 2100 The performance perform-ance Is an astonishing one It was not until the touch of autumn was belJl g felt that the owners the Messrs Jennings Jen-nings Bros of this city decided to resume re-sume work upon the group that is located lo-cated In Grand gulch Mojave county Arizona Just across the lino from Utah I It had been worked in early das withIn with-In iffcrenl results and the original owner had undertaken to handle It In the furnaces that were erected on the ground This falling it was closed down and remained in that condition until a few months ago Since that time the company has marketed but 140 tons of ore From this however no less than 12000 was derived after the cost of transportation and treatment treat-ment charges had been deducted The management hopes to greatly Increase I the earnings the present season and will Increase the dividend as the output I out-put of the properly Justilies It The management is to be congratulated j upon the splendid result of its endeavors en-deavors |