Show COLORADO WD IRON BLOSSOM POST fiRST QUARTERLY DIVIDENDS I Some surprise was occasioned this horning thorning when the tue knight companies held he tile regular monthly meetings and posted dividends on both Colorado and Iron Blossom Bossom BIos Blos som stock These are the the first quarterly dividends posted by hy these two companies tinder inder the plan that was adopted at the Opening of or the year ear when it was decided to 0 make the tile payments four times a year Ear Instead of every month The Tile Colo Colorado do payment Is for or Ot 01 10 35 cents cent a ashare ashare share shale payable March 20 and books will wi close March 15 Iron Blossom will wi distribute or at the tile rate of 8 S Scents cents a share payable March 30 30 books bools closing cosing March 25 While both of these payments are very acceptable to shareholders of these com com- panics janies it I will wi be e a matter mater of ot some disappointment dis- dis appointment nt that they were not larger larser It I had been announced that hat each cactI company corn com jany pany could be counted upon to earn from front 4 1 to 5 cents a share each eacil month and on the basis bais it was expected that each company company com- com pany jany would be able to distribute from 12 to o 15 cents quarterly The directors dit arc are not talking talking- for pub publication caton on the action acton just taken except that they claim caim that work worl In the Iron Is a most gratifying A drift is being sent from the new shaft off of the tIme fifth level ivel Ij el and if the tile ore Is intercepted at this depth the management Is assured of o a large arge area area of high bight grade ore which can canse be se followed within a short distance from the surface Among AmonA the other oilIer othe Knight companies that held IbId meetings this tIlls morning moring was M. M II H. I. I Walker alter George T. T Odell Odeil Ocel and Elmer B. B Jones of Salt Sal Lake Lale City were In attendance at this tills meeting The reports were wet all al favorable upon the showIng showIng showing show- show Ing that has been made by development work of o late in this property and it I Is understood that the company should be beable beable beable able to begin shipments early during the summer months r Sioux Consolidated held Us its ls meeting but jut adjourned without taking any acton action acton on the dividend General Manager C. C E. E loose declared that everything was lookIng look look- Ing well wel at the tile mine but that the weather er had retarded shipments to some extent ex ex- tent lie le did not say whether or not the directors contemplated a dividend next month No meeting was held b by bythe bythe the Grand Central and Victoria It I is understood that both companies have comfortable surpluses in the treasury but an extensive plan of or development developmEnt work is outlined and no further dividends are to be posted until this work has been completed |