Show Ou Active Silver Silver- Silver Lead I Lead Stocks 9 Companies Piling Up Huge Surpluses Xo No change in the tile dividend rate as no maintained during 1925 ot was made at the directors' directors meetings Saturday morning of or Tintic Standard Standard Standard Stand Stand- ard Mining company and the Park Parks Utah Consolidated ted Mining com coin pany Tintic Standard will pa pay 40 cents a share on oio March llarch 29 to stock of or record of March MarcIl 17 while Park Utah Consolidated will wi pay 15 cents on March 1 to stock of or record of or March 15 16 Sliver Silver King Coalition Coalton directors not m meet et Saturday but are expected expected expected ex ex- ex- ex to meet this week sometime lor tor this quarters quarter's dividend which Is expected to be 25 cents a share All AI of these companies are earning considerable in excess of the present present present pres pres- ent dividend rates and earned about twice the dividends paid in 1925 but directors are maintaining a conservative policy and adding to the surplus rather i-ather than increasing dividend rates Tintic c Standard it is understood had lad the best month in the mines mine's history during February and the first quarters quarter's net earnings of this year were greatly in excess of the dividend The company compan r earned a share net during 1925 and paid a share dividends dh I IMPROVEMENTS COMPLETED Park Utah Consolidated earned eared 92 cents a a a. share In 1925 and paid 60 cents its is earnings shoua run higher high er er during 1026 1926 as important develOpment development el de devel devel- work worl in the Park Utah mine is nearing completion and the aerial tramway was tramway was finished the tile latter later part of or 1925 Park Utah Consolidated Consol Consol- Consoli dated had heavier heaver expenses in Improvements improvements Im Sm- and new work than any other of ot the larger silver lead lead siver-lead mines Silver Siver King Coalition Coalton could well wel afford to increase its quarterly dividend divi dIvi- but It I Is learned from fron good that the directors will audio to pa pay 25 cents a quarter quater The company company earned eared more than 90 a share in its 1925 and paid 1 1 In n dividends This company also had large expenditures in 1925 for tor Improvements In fact all al three of ot these companies have ha added greatly great great- ly to their properties by purchases the Silver King Coalition Coalton having acquired acquired acquired ac ac- ac- ac Silver King Consolidated and Tintic Standard purchasing Iron Blossom and also putting money In several other properties in the Tintic Tintic Tin- Tin tic tc district Mammoth Is expected expect d to declare a quarterly dividend this month Some optimistic prognosticator prognosticate are aresa sa saying ring 15 cents a share but it is expected by those in close touch with the management that it will willbe willbe be 10 cents a share on the tile shares of of ot stock The mine is now producing a at t the rate of tons tons' of ore a da day tha that t is bringing between 25 25 and 35 35 a ton average Considerable Considerable Considerable Consid Consid- erable ore has been opened up and andas andas andas as development work progresses so that ore ole can be taken out on other I levels and relieve congestion on the 1500 where the big development has taken place the production should be pushed up FAT MELONS COMING Chief Consolidated has already dy paid its is quarterly dividend of 10 cents a share as also has Bingham Mines which is paying 1 2 a share quarterly this yeas year Keystone paid one 7 cent 2 dividend February ty 27 With ih the large surpluses being built bui up by these companies and the new property acquirements of last year the lead sliver lead siver-lead properties of this class were never more at attractive attractive at- at from an Investment view vIew- point All Al are selling at a price to yield from 10 to 20 per cent cen on the dividends being paid and considerable con con- more than that on the net earnings of the company compan For in In- In stance Tintic Standards Standard's net earnIngs earnings earnings earn earn- ings In 1925 were 10 per cent on 01 2770 and Silver Siver King ICIng Coalitions Coalition's net earnings last year were 10 per percent percent percent cent on 19 9 19 but the stocks are selling considerably below belOv that price Sliver Silver King Coalition Coalton being below 10 0 a share and Tintic Standard Standard Standard Stand Stand- ard below 14 It I seems almost certin certain that if i the tile present metal pr continue the leading silver lea lea sih-er-lea mining companies companies com coin panics of the stata stat vill i find it al almost almost al al- most necessary to cut fat melons melon with stockholders in the way of ot ex extra extra extra ex- ex tra dividends With the surpluses all ai well wel up into the th-e millions and earnings greatly greaty in excess of the dividend rates the Christmas disbursements disbursements dis dis- or even possibly midyear midyear midyear mid mid- year disbursements may bring out some record payments to stock stock- hold holders rs |