Show rjOIG DALY DIVIDEND Daly West Directors Hold f Monthly Meeting j WILL PAY 65 CENTS A SHARE J I Total Distribution on Sept 15th Will Be 117000 IJ The Monthly Payment May Go Still I Higher if the Price oC Silver Sil-ver Holds Up rj There wore some directors ami there I arc juIlc a few who had so much money they didnt Inow what to do They finally solved the t problem by I increasing I in-creasing the monthly dividend of Daly i Wet from GO to C5 cents If this does I not enable them to keep their surplus j down to a reasonable figure they pro f pose to go still further and make the I 1 monthly distribution 70 7fi or oven 100 II cents rather than keep money out of r circulation J The rise in silver has been Increasing i I the value of the Dalys output at the I rate of SOOO or SOOOO per month At I the same time the I mine i lias been producing I Ij pro-ducing heavily l and It I Is said that the I amount in the treasury Is nearly half IF I n million Tin1 congestion will he partially par-tially relieved by the payment of 117 I I 000 to the stockholders on September ITith This will make the total disbursement disburse-ment for the year981000 and the total to date 3410500 The increased I distribution I was anticipated antic-ipated hut no one outside of the directorate di-rectorate could tell whether It would take the form of a higher regular dividend divi-dend or an extra allowance Some II thought the amount would be 70 cents I I per share but the directors decided to 1 take the conservative course and strike a pace which they might be sure of keeping UI |