Salt Lake Telegram | 1932-09-03 | Page 12 | Tintic Mines to Pay $102, 653

TINTIC MINES TO I Dividends More Than Covered Cover d dby by Special Shipments of Gold Cold Ore Checks for will bi mailed September 30 to of the Tintic Standard and Standard mining companies J Directors at a meeting Saturday morning authorized the payment of a a dividend of 5 cents a share on stock of the Tintic Standard and of 3 cents centi centia a share on Eureka Standard Books of both companies will close September Sep Sep- 17 and reopen September 33 22 The Tintic Standard disbursement will amount to for the qua quarter ter and will bring the grand total of dividends to Eureka Standard will vill pay out as itS quarterly contribution on stock and make its total More than for both divi has been earned in the last six weeks by Eureka Standard through special shipments of high grade gold silver ore segregated from the run of product There were two such and their aggregate value came to Output of the Tintic Standard mini has been curtailed lately on account of the low price of lead but recent advances of that metal have diminished dimin the loss incurred in producing it and put the company within hailing distance of returns that will net 1 a. a profit i