OCR Text |
Show HIBIG PROPERTY W FLOURISHING Prospects for Continuance of Regular Dividends Regarded Re-garded as Bright. The Hamburg Mines company will pay its iuitiaJ dividend March 2 on all stock of record February 23. It is stated by the owners that ore enough is now in transit and in the bins, stopes j and reserves to warrant the promise I that regular dividends of at least 1 ! cent a share will be paid from now on. j Several carloads of ore settled for ! at the Salt Lake smelters during the i past two weeks have averaged more than '$1000 a car net to the company, i and more ore of the same- grade is now being loaded at the mine. J A large block of the personal stock I has been sold during the past few days . to eastern investors by the Kvans-Mor- ris-'Whitriey company. The management manage-ment states that after the payment of the March dividend a substantial balance bal-ance will still be left in the treasury for a second dividend. The property is situated in the Pioehe district of Nevada and is a close neighbor neigh-bor and under the same management as the Prince Consolidated, which is a big dividend payer. |