Show IRON nAS POSTED SEVEN CENT DIVIDEND TODAY Another J large C fi dividend WA was posted h by tho the dir directors director tors of or Iron Blossom m Alin Alining ing in company at t t tho o regular monthly meeting held in Provo Pro o this morning n The amount is 7 cents a share a re gating Approximately iO OO payable to shareholders January 25 who are aro to of r record This is the first fist of the regular quarterly dividends 1 this Ibis year an and anul following so o j closely on tho extra dividend ri of 1 cents ceni a share came ennic HOe as 1 a it surprise o to tt some ome of tho the local pen peo pIp plc The rile starling off of with wih 7 cents cent i is taken as Rs an n indication that th the company com corn p pany ny expects to fo itO he Able to maintain t tins thiA lila disbursement t throughout hout the I JN year r. r t to I No o assessments s e W TO le leicil today on I any of the prospects operated by tho the Knight Jn Mines MineR l company The Tho Iron Blossom d dividend id W was about the only oniT business of importance transacted though tb the rc regular u ar accounts wern vere Audited l. l A verbal report from Manager r Will Wilh Wi Knight WM was to the effect ef of- I feet that condition in the Iron Tron Hlo nO Illo torn Hom hail had ht improved cr considerably of Into and that Ih fh the showing on tho the font GOO level lech was the best in Iii il an any of tho underground under under- ground workings 8 The output from thi this mine Jint rn runs nine w over r COO 00 oo tons sonic om days anil anI tb they have havo o hl no o J in finding all nih the ore OTe that that- can be through h tho the No Nor Nos 1 I and nd 3 J shafts The rho average tn grade of th the nr ore j is js good and in addition to 10 its itA liberal ea each li h t quarter u an anti and an rin occasional oc no- c extra di dividend it is js said the company is accumulating a 1 healthy surplus The production in j a considerable item it t t t times and with mth the existing high nigh price c of pr tf this thiB metal metat the tho om company pan gets a nice alec return on the product A Arrangements menh are loin being made mado O a ns as fast as possible to get et out a large Inte tonnage ton nage e of ore front from the Irgon r gon This ore will wiil b h lia of m very voi much th the same grade as that found on t the tho sixth let II el lI of the theIron Iron IrNI Blossom and c l Knight property pro on oil a 3 dividend paying banis haMis within a n fow few months Tintic engineers en en- Cir ers arc of th tin the opinion that Iron Blossom om and 1 Dragon i f will IVill be hp profit makers for years ears nr nail d the conditions con eon litmus nf or bo boi a amines mines appear to warrant war war- rant this conclusion |