Salt Lake Tribune | 1904-05-14 | Page 12 | Old Ophir Company Piling up Wealth

OLD OPHIR COMPANY PILING UP WEALTH Thc monthly financial statement of tho Ophlr Mining company, published In these columns yesterday, showed a cash balance ln tho treatmry on the 1st of the month of $74,790.90 with fourteen carloads of ore to be sold, says the Chronicle of Virginia City, Nev. If this ore yields as much per car as that sold for tho last few weeks the company will be enriched to the extent of ovor $35,-000, $35,-000, And aa the month Is not over yet and as the extraction of ores goes merrily mer-rily oni It Is reasonable to suppose that another like amount will be realized before the month ls over. With this allowing of cash and ore to be sold during dur-ing the month the prospects for tho payment pay-ment of another 50-cent dividend are ln- deed bright. It Is confidently predicted that by the end of the present month the Ophlr exchequer will contain In the neighborhood of 5150,000, out of which to pay tho current expenses and dividends.