Show KING CON GOES ON DIVIDEND BASS BASIS OF 4 40 CENTS Drector Directors of or the Silver SI er King Con Consolidated Consoli ol dated lab lalo lato yesterday decided to act fa favorably fa- fa a- a on tho the recommendations lons of or President Pres ident Solon Spiro and placed the stock tock on Oil a n dividend ba basis ls of to 10 annually The rhe disbursements are arc to be bc made I terl tony terly In p payments payment of 10 cents each cacho amounting to approximately or at the rate mt of or annually Tho The first dividend will wil be bc posted April I 1 and tho rho three remaining will wi appear Jul July 1 1 Octo October her 1 and January Januar I 1 1 tl lOIS 1915 The compan company com corn pan pany has posted pORted two dividends previously of 25 5 cents each cach aggregating re and the management ed that thata a A regular dividend dl rate rato be established on onI onIt K It I cong conservative ratho b basin sl with permission lon tomake tomake to tomake make an extra pa payment ment during durin the tho holiday holi Itoh- hol- hol uS day season provided pro mine conditions warranted warranted warranted war war- ranted it I. I Directors al also acted favorably upon the recommendations of Consulting Engineer Lee in the this matter of or Installing an electric elec dee compressor and pump and enlarging the power plant The Tile Qu quarters for the miners miner are to to bo Improved and made more comfortable and nd additions are to be be ma made e to th tile the ore orA bins in order that a A larger larer tonnage can be han handled lcd at the tho sur sur- face Teams have hn not been able ablo to take lake the thc ore down to I the he sampler ampler as fast as asIt asit at It was waR being extracted In carrying on new development work workS R and nd the con congestion eston at times hn has bp been n a A handicap to the tho management management man man- in iii f its underground round operations En Engineer Leo Iee phoned President Spiro late lato la last t night that another ore bed her had been encountered In the No 0 1 west veat drift off of tho thi foot 1550 l level This last hut h bed 11 has hns made its Is cc at a u point about feet teet west of the shaft hR f. f and th the face race of ot the drift no now shows a full ful face of ore orA This Titis Is II the tho third or fourth ore bed that has been heen encountered In this drift the development cutting the fissures on the lie liei i incline nd I n e. e A ral raise e from rom this titis level h has s tapped lapped another another another an an- other ore bed in the tho tope slope above e the timbers tim tim- hers bers and a slope topo on the 1500 level le shows ore all al the wa way vay lIlt up On the tho 1 1550 50 we west ivest f raise an In ore orp bed hed six Ix ff ci t wide is hown ami anil the vinze about 20 fe feet t from front th the Its station ta lon on this level Is down fort tori forty f feet fet et etIn In ore oro all al the lie wa way Development Dc on th the 1700 lOO level le el has r reached the contact with wih indications of ar ore ore- |