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Show PORPHYRY MINES MAY WITHHOLD MENDS Meetings Are Postponed That Were to Have Been Held Recently. .Meetings that were to b-.ivc born held last week by directors of the Utah Copper, Cop-per, rhino, K;y and Nevada Consolidated relative to the quarterly dividends have been postponed until this week, mid. according" ac-cording" to one of the directors, the me"t-tugs me"t-tugs may not bo held this week, due to the inability of petting a quorum. No action is likely- to he taken, it i.s said, until the metals market clears up tv-spectm- cot. per. Manain-i Oir.-ior .Tacklin- is spending a xacatimi at Island r-iirk with . V. Kccles. lie aii be.uc leavii that ho was in n p'flu-ni t make ? statcnicnt rranlUiK the ,-f-r situation or tin ouenth.n cf di vid'-nd-. As far as the companies meiiti.mtd an: eoncenu'd, there hac been practically n sales of copper, and some of the dirt-cPu'S are of the opinion that the cash .n 1 and should he used to carry the copper. The News Rureau comments on the situation as follows; Tbe world Is makini: history so fa-t that the directors w'il nd vniurc an opinion as t what action will be taken. It cannot he d.-nud that -n a ,'u' per cent scale of opera I i"its oone Ol" thes-e (ompanles can snuw d.O-dends d.O-dends earned on a 1- --cent eoj-p-r ma rket. It is just as true, however, that for the sec'ond quarter of (Ids year the period c.verim: the divid'-ivis all of these compa tilt . Neada Coriboiaii' t e I excepted, y iunvfil A verv com f rt a tde surplus a ho e dh idetid nn-esst : ies. I in h rirticularlv farnnrp at the iai of per annum. It was by all odd- the bi'est th.rec months in tin' con.-pany's con.-pany's u-ti'-t. product inn b:nc fi ;.ii"0 pounds a i t.l ot 7; cnts. (re.iltln IMrlt.i :n - 'Jartield railwav earnlii-'s aa:nst nnnini' evp'-n.-. s md the ro.t is reduced to ceiitt. p.T pound of cor'per. if course :,ll of t : ;e:-e coi i . j a n i- Hr carr'- lm- ror-p-T ami bormwin; iiaint it. and while -.trlciiv Hpakim: Miri'l.:" eal nines can "e shown, too acf:al cash on har.d i- prooah- in-ufiicp-iu to m-ei dividend I'h'kv 1'ut this 1-a 1-a situation whh-n fio -.. n'.lv ..otif r.irtK t'r.o copp'-r pro-Ulcers; it nothing new. i reprefntatn e of this t-reip of n !:." , m id : 1 We sb ill :a v .;! of d:.'end- u:ttd f.r la-t rs i-n : . I- j cause we t;u:ik ta.it a fi te-- K.i;o; -in war brokr adu'.-t wit: t- id. . . , ; no ,. I .--o there may ' ur.e n i hi. ! len a eh-irt tu th- foP-iii! -it i:;i ; ion t-.i' will enable us to t-r u ra y of i 1 and co ern our a t ;on i a vil! r. : . . With li'.-it pr.. . ability uh.-a.J It ; be toolis.'! to iiiuk..' i r- .f I i I I...!: S l.i -x. S 1 v w e -1" 3 it Co 1 1 ; e c .);; r s t .i a t ! n Was must prorr.i-lnJ'. "rM t.-kt were very low, tcrlTnfs in t, t nun-try nun-try K-ive .ro n of r- . i a 1, a . J t .' t whs all thT was io-.-d--d to t'"s stroiiKst t.lllp t f... (-n r r r. ..tri- . Now we j, : r in t '. n.' of war In dfiy e-, r;t. t; ete can bn r.O p.ln-tioti p.ln-tioti abnut t'.e f.;lu'-e . :' Col. t ' p-t'.-r is an induurm! ncoi'v :.! While .V;i.ri:.d n ,oi,i;d to .e ..rfe-I.-I as lens th" l r--cnl s : t ..a t l"Ti . v -IstS. It is h'-aj-d To . o-:,o 1 o'k f.Mr;. er t: an e,, r wl.-ti tii- t ;-'.. c .i: away. l,por' f !.:oinent an- yuda-allv yuda-allv beir. i i.-.ied. ai d t p- .--r ' redueed rate of -rcdu-tion ti..i.i- t !ilihh'd t..at X't.rv will 1 :.i,v kth: are r:!.tr-'d !o .-,t" - t: ,. ntoirn Pi n-n;par: wttn otl--- It" c-t, : t t -e : ;.v t:.e -tr.V of .,:iot;i. |