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Show iSy Year With $312,500 Dividend xiao is 10010 tbou reasonable as-prince as-prince tbat greatly increased output briug D0 Silver King Coaliliou company into the list of regular jjridfnd nayorn for the year 1013. , oceof tbo biggest mine dividends of jj cr J012 was paid by Ibis company December 24, when 25 cents n share fJS distribulctl anions stockholders. &nz t total amount of $312,500. disbursement was the largest in lit biftory of tbo company, and 11. ,,c to shareholders pood purses of, Jtfcynioncy. In all, the Silver King million Minos company has distrib-ti distrib-ti in dividends tho sum of $12,331,. It bas been the policy of the company yiDR tbo year just ending to expend .jttalfbnro of its energy' and -income , Mocking out aud developing great ;t D0tlio'J from which to draw in-rmd in-rmd production- This work has ;u io extensively done that were at-BtiC'n at-BtiC'n to bo devoted exclusively to ilio; out oro during 1913 almost un-jullelel un-jullelel dividends could bo paid. !wevcr, the policy of the directora d n;aongciiiciit of the company io to ur the work of blocking out now ore lits keep well in advance of extrac-on, extrac-on, so that the property shall always : in good condition for future ex-oitation, ex-oitation, Notwithstanding this fact, Mgb, present indications are that pilar quarterly dividends may be disputed dis-puted amon;; shareholders durinjr llic- .jr vesr fl Ulaguificcnt Resources. In tbo property operated by tbo Sil- ic King Coalition Aliucs compauy the j'jUte of Utah lajs claim to distinction gistbc possessor of one of tho greatest silvM'lead producers In tho entire (lorM. It is estimated tbat the ores fi m rcmaiuing and ready to bo mined aggregate . betwoca '$o0.000,000 and $-10,000,000, and what further exploit tion may disclose it is impossible to say. David Keith and former "United States Senator Thomas Kcarns arc principal owners of the property, they Jiaving been identified with it ever since first discovery of the old Silver Kins mine. Out of that reat mine mbro than 2G,000,000 in ore bag been taken, and. iu dividends and leasers' royalties it has distributed among thc original owners the approximate sum of $15,000,000. There is a mighty domain to work iu and the oro bodies jjive evidence evi-dence of mnpnifieeut production totala for many years to coiuo. Tho miuo has made rcat fortunes for sovoral men aud the richea yet contained in it 3 ground irill render many more persona wealthy. Makers of History. Within tbo Silver Kiiic Coalition '.Mines company's boundary lines is ono of thu largest acreages in the entire west, counting these from tbo miner's viewpoint. The properties have a total area of more than 2270 ncrcs, several ' of tho groups having been history-makers history-makers iu western milling annal?. From thc beginning the record of thc prop- , e.rly has been of tho most desirable character. Tho management, has been clean, progressive aud careful, tbo highest high-est results iu profits eompatiblo with proper upkeep of the property having been brought about for the shareholders. sharehold-ers. It has probably been the greatest factor in the upbuilding of Park City and iu the establishment of lhat town's repute iu the world asa irrcat mining center. Superb Equipment. Tu Iho matter of equipment tbo company com-pany has been most genorous in afford- iug tho most modern types of machin-. machin-. ory and working tools. The engineering engineer-ing and electrical plauts arc superb in pattern and they aro of such advanced type that they will fceop up 0 improMC-mcuts improMC-mcuts for years to come. The payroll is declared to bo among the most liberal lib-eral iu thc western country, while every minute item of cost of productiou and marketing the product is carefully guarded to prevent waste and extravagance extrava-gance in operation. By reason of fair wages paid to the miners, thc men have remained generally in a stale of satisfied prosperity. Iho company bav--iiig so conducted Us dealings with it employees to as have fortunately avoided avoid-ed any serious trouble. Contented Employees. Xo man is expected to work more than eight hours a day, and the low-eft. low-eft. wage paid in or about tho mine is 7 $3. Many of .he employees receive much higher pay than that, some of them drawing salaries that ruu into handsome monthly figures. It is common com-mon knowledge among minors that thc Silver King is a good mine to work in, the' result being that the company is always in possession of a largo waiting wait-ing list of applicants for oniploymeni. Xot only ia this duo to tbo fact tbat fair wages may always be depended upou without the necessity of contention conten-tion with the management, but it comes also from a knowledge tbat the policy of the company is to render the workings of the mine as safe as possible pos-sible for protection of the miners from injury or death. Competent men are thereforo always available to the company, com-pany, with the result that the mine has experienced fewer minor aud fatal accidents acci-dents than most of inch big concerns; in thc west. Help the State. . Park City, iu which, thc propofty of the Silver King Coalition Mines corn- 4 pany ia located, is regarded as one of the wests banner camps, aud certainly certain-ly one of the most important in tbo fctatc of Utah. This prominence is largely due to tho Silver King, which bas contributed much to the wealth of the mining town and to. the resources re-sources from which the state draws support. Aa cbiof owners of tho Silvor King, Motsrs. Kcarns and Koith have pot the woaltb-producing capabilities of the . properly to good use. During thc earlier yearn of their oivncrship the' encountered encoun-tered many difficulties and overcame theni. After tho miuc began to show itself as a great bonanza they received many good offers for their property. but thoy woro ablo to foresee a groat 'jut career of usofnlnots for tho fnture, and J ' they stuck to tho mino and made of it .I?; tho mighty producer thafc it 15. Tbo 'kl;'- wealth that thev have taken out of the ground has gono into other ontcrpriscs, all of -which have dono credit and given I'; advancement lo the cntiro &tato of Utah. 1 1 1 |