Show UCLE SA SAM 1 POSTS 1000 Dl Directors of the tho Uncle Undo Sam Consolidated Consolidated Con Con- soH dated Mining company met in tho company offices s in this city yesterday afternoon anti and ant posted a dividend Tho The amount agreed upon was 2 cents a ashare ashare ashare share ag aggregating tho the same Baro payable on September 20 to ur ept-emer- ept 10 K To 0 a number of investors this may come como as a surprise as the company had not been paying dividends since Juno The impression has gone one outs out that tho the management was not making much progress in 1 opening up new mineral min min- mm eral cral erl resources and that tho company was about breaking even oven on its is opera opera- tons Tho fact that the directors saw fit ft t to make mako this disbursement would 1 I indicate that they had a comfortable reserve on hand in addition to tho the amount that will wi bo be paid out to share share- holders Recently tho the Beck Tunnel Mining ining company brought su suit t against against tho the Uncle Sam for a lar largo large o amount claimed to bo duo for wrongful l extraction of ores At the tho time timo the Uncle Sam company com come pany claimed that there was nothing to tho thio claim and the directors show plainly in in their action that they do not consider it i t necessary to accumulate a alar lar largo large e amount to discharge the claim set sot up UI by the neighboring company A consI considerable erable amount of virgin ground is yet to bo developed by this company The The Tho most promising porton portion I of the tho company's estate is in what is is known as the Humbug territory Most of tho the wealth extracted by tho the first o ne owners s and the present company has been in m in a small area of ground and the tho management now has hopes of finding a great deal more by extending its is workings to other portions of tho the prop prop- erty |