Show TO MM MAKE I ITS DISBURSEMENTS l PAYABLE P QUARTERLY It ma may occasion some surprise among shareholders of Sioux Consolidated when the they receive the announcement that the directors have o decided ed upon the payment nt of ot dividends time The Knights have ha practically Practicably decided rl upon upon this this thime method of pa paying dividends GI for time the bread winners rs which h th they dominate and this will l Price Price- eliminate the tho regular gulAr n dividend div Id n pa paying properties from th the lI list t entire The large larg companies of City and Bingham adopted this plan years ago and companies throughout tho the western country countr tint find the Lh advantage to tobe tobe tobe be gained by hy this plan of pf making dis dis- In mo most t instances tho the monthly dividend plan pla ham hai been beems started the tIm stock has beers been bEen held entirely by a a few owners and Ond nd the matter of Issuing statements statements state state- ments and uld checks hEds required only a I small mal amount of work orl Where mines pro e to tob tobe tobe b be profit makers makem's an and are arp pa paying a good rate of Inter Interest t on omi tie the investment it is only onh a a question queston of ot a a short time until the shares become scattered and then thena a large clerical force is required to keep keel U UI up with the book work Th Tho fact tact that Sioux Consol Consolidated shar shareholders share share- holders have decided to chano Us Its Is dividend divi payments from flom monthly month to quarterly tony terly disbursements will wl be Interpreted b by tome some to mean that thal the mine is gettine getting get get- et- et tm ting tine near th the end of tiC lift lt earning power powei It 1 13 is 9 true that a 3 great T at deal o of high grade prade ore has h ben en n extracted from workIngs work work- olk Ings within the past twelve months and that a 1 lower loer grade gade ore i is now isow being taken out cult at this time but the management haa-bUted haa at various vailous allous times that the rog- rog 1181 dividends would be he continued Nevertheless Nc it has been known for tor a alon along along lon long time that Sioux Consolidated would have to set get get more ore oro at a a. greater depth I to keep keel up its past splendid pl record iheI The Knights I have have found found that t this li move would I b necessary l S In order to t maintain oil iI-oil the standing of Iron Troim Blossom Blosom and rind Colorado arid and nd are expending their energies largely in directing operations at a greater depth The ne need d of the mines in has alwa always J been eln to prove the tho existence of ot ore deposits at depth With few mining has been confined to workings within a few hundred feet fret of the sur- sur face fice where who some ome very El rich deposits of or oie have been located worked out and then the time properties were asi assigned ned to Use te list of producers which bad forever passed tho the profit making st stages E. E Mining engineers end engi n rs e-rs have contended contend d for years ears that the district was certain cerain to tl show some large lage deposits deposit at great depth and arid in the case of ot Centennial Mammoth and alc the Chief r Consolidated the correctness corrEctness of tills this theory has heels been demonstrated Deeper r mines for Tintic should mean the addition additon of a number of oC producers to the present list |