| Show KING COALTON TO rAl DAV PAY OUT i The directors of tho the Silver Sir Si r Kin King Coalition Coalition Co got together late Saturday afternoon af ai and posted the regular quarterly dividend of Hi 15 cents n a share aggregating ing i O. O The transfer books will wi co close e next Saturday and the distribution will viII wi take place October 1 l While this distribution haul hall b been bren n expected ex cx the of official approval I on this thi r dividend means that there thero is to lo lobe tobe be he a i continual ion of f these payments I for sears ars to com como This is tho the largest single t dividend declared by b bany any of the I silver lead producing H Hof of Utah curin during IPOS 1908 and this thiR after atter millions milons of dollars have havo been leen taken from tho the J mine u Physically Phi it is in the strongest position that has HIS ever been held heM by hy the tho company I since it was Tras first or organized It I has hns added added add addI I ed cd an m immense acreage to its is possessions posses posses- I i skins since ine the reorganization on of the tho or original inal Silver King Mining company I which paid in the nci neighborhood of 1 11 I in in dividends nn and today tOllay General Manager cr Thomas Kearns says that they have a C greater reater tonna tonnage e of hi high h grade ores in sight than was ever eyer known at nt an any one ono time in the history of the ramp camp Approximately men are aro employed in I the various parts of the thc underground workings s of this company and in iu its is milling plant plant Every Enry part parl of the tho property property property prop prop- erty erty and of the surface plants is in excellent ex ex- condition and some sonic of tho the highest highest highest high high- est values that have ever eer been mined in that camp camj are arc now comin coming from the tho old ol l Keith Kearns group at a depth of al almost nl 01 most 2200 feet feet The product is the marvel mancl of the tle day daj in that hat camp and the extent dent of the galena nn and Band carbonate carbonato deposits has hs still ti been undetermined though it has bf been en proven in n one direction direction diec tion ton for more than OO feet anti il it i e extends ex cx tends to the four points of the thc compass from front the tho strike Practically all the be le distributed dis ulis 11 money to r will go to people who reside e hero here anti and anI in Park Pari City Most of it goes oes to those who have hac b been n the most act active c cin in building up the tho new Salt Sal Lake an and who arc are owners of sonic some of th the finest business blocks an and residences in this city ri The continuation of dividends flom from this thin mine which now 8 seems ems to be he assured for years cars means much for Salt Lal Lake o City and for Utah Here i is where most mot of the money has haR been expended an and still sti more moro of it i will wi be lie placed in inland inlands in inlands lands land and improvements here while the people who arc to make malio their homes in inthe in inthe the capital of Utah to a u great reat extent are arc areto areto I to bo be the beneficiaries a ries |
