Salt Lake Tribune | 1918-06-25 | Page 12 | Expect Dividend of Utah Con. Soon

EXPECT DIVIDEND OF UTAH CON. SOON I'tali t'onsolldated Mining company dividend, due to be paid this month, has not been passed; neither 1ms any date vet been set tor directors to consider the question, although one is expected very shortly, says the Boston News Bureau. The last two disbursements have been at the quarterly rate of 50 cents a share. Constantly mounting: operating costs me.-tsured have materially cut into profits and the margin available for dividends Itas dwindled materially. As to whether it will be necessary to alter the present rate remains to be determined. While the copper price has remained at LlSti cents since September last, the price of lead has fluctuated and tended toward to-ward a liiKher level. In HM7 I'tah Consolidated earned $2.70 a share, against $ii.41 per share in the previous twelve months.