Show JUDGE DALY-JUDGE POSTS A DIVIDEND Of 15 CENTS PER SHARE At a special me meeting of directors of the In this Judge Daly-Judge DaIY Mining com company an city late y yesterday afternoon It was de decided decided decided de- de to o post a dividend of 15 cents a share This dividend wilt will wi total and wilt will wl be payable on or before December December De De- cember 20 to shareholders of record on December 9 The directors decided to tomake tomake tomake make this amount payable quarterly to shareholders until further orders by the board The last lal dividend paid by this thin company was on il Api-il Apri 12 2 2 1907 1507 and with the payment of this I last a. a t dividend the company will wi have distributed among Its Is shareholders That That the company Is amply Imply able to pay this amount quarterly Is shown bythe bythe by bythe the statement made by Secretary George W. W Lambourne at yesterdays yesterday's meeting In his report he says sas that for the past eight months the average earnings p per r month have been Since operations operations opera opera- tons have been carried on more extensively extensively exten exten- e during rl the past three months o g by reason a of f connections being ln made I with wih the Ontario drain tunnel the earnings earnings earn earn- In ings s have Increased to 2630 a month While the management Is not disposed Jt it fr to I Is make generally any fy cOu conjectures understood f for that ha h the the h future ut production production pro pro- i will 1 gradually ra be Increased c 1 i from until month t to month a larger earning is made I On November 1 the company had a I cash ash reserve fund of By the time Is th the the dividend of paid company will wi have added adder one and a half months months' profits or 01 Thus after the dividend I is paid the cash surplus wil will bo he only reduced which ran can anbe be more than mad made up by the time the next dividend Is paid on the present rate of made production by c Secretary eta Th ald e I Lambourne detailed g statement for eight f i I months follows ending October 31 31 1 1911 is as Production for eight months months- Tons Dry Concentrating ore 32 Shipping o ore 11 Lead concentrates sotS sold sold f ZI Zinc concentrates e sold soil 2385 2355 Average p monthly shipments i and nd value r per ton ton ton- I Shipping ore orp or 6 7 tons at 2751 27 51 Load concentrates tons at 2741 Zinc concentrates tons ton at 1106 1106 Average Avera monthly development expenditures t 87 00 Average mining cost per Average e milling cost ORt per ton 80 SO Average earnings eight months pp pr month Average last three months per month S Available I balance la N November b i 1 1 1911 1911 No zinc concentrates sold since Sep Sep- S |