Show = 1 B iMI1EEVIDEDS Centennial Eureka Declares Fifty Cents a Share L r H WILL BE PAID IN OCTOBER r Silver King Pays its Regular Month Dividend of Fifty Cents a Shnre ly lcend Ffy or 75000 Today Tho Swanseas J Regular S5000 Also Payable Today Annual Heating of the TJtali Company siar Con Closed to Visitors to rTho LiZtlo Johnny Doing Well Ridge Valley Suit Notes I TRIBUNE SPECIAL Boston Mass Oct Directors of the Centennial Eureka Mining company com-pany met thla afternoon and declared a dividend of 5 conts per share a reduction I re-duction of onehalf from previous dividend divi-dend The dividend Is payable October 20Ui to stockholders of record October 12th The books close October ISth and reopen October 20th I wns the general expectation that the dividend would be reduced so that the action of the directors came as ni surprise I i known that President Evans favors tills policy but members of the directorate direc-torate would not discuss the matter beyond stating that the reasons for the reduction were so well known that repetition was unnecessary A large stockholder however Is quoted as saying < ing The strength In Centennial Eureka Eu-reka 4s t due to the fact that the property prop-erty now has a strong and able management man-agement and that a reduction In the dividend to 60 cents per quarter will be a benefit to the company This will place It on a sound financial footing Jt Is possible that there may he some clng of the stock on the announcement announce-ment of the dividend reduction but for every seller there will he two buyers buy-ers for there is a good demand for the 1 ntock by peoplo who desIre a speculative specula-tive Investment which will return 10 tVO per cent on the money Invested I may be decided to build a snuMter but such action wI not be until until the matter has been thoroughly considered by leading mining men of the country |