Show I CENT 25 DIVIDEND DECLARED BY DALY WEST The regular quarterly dU dividend has been declared by the Wat Daly-Wat Wit Daly-Wit Mining compan com corn pan pany This dividend of or 2 25 23 cents per ler share payable December 24 24 to stock of oC record December 17 17 aggregating 2500 malt makes a grand total of disbursements for the West Daly-West Mining company I As Al to the regular quarterly dividend of or the Jud Judge e Mining and Smelting company corn com cm- cm I pany the following notice has been sent Bent to all aU stockholders tho the It It Is with regret we announce passing pasing of the dividend for the quarter ending December December- 31 31 1920 The Tho cause of or this action Is due to the prevailing low market price of or metals Increased freight and smelter rates to together to gather gether with the tho progressive advance of or commodity prices The pronounced Inefficiency and scarcity of oC labor for the past year ear has been the means of oC showing excessive ex ex- ex extraction costs at the same sae time reducing our OUI production to a minimum Although the labor shortage the past thirty thiry days shows a marked increase the prospects for immediate Improvement improvements improvements improve Improve- ments ment in the metal metal market are discouraging aging and the directors director have therefore deemed It advisable at this time to re retain reo re- tam tain a substantial balance in the treas treas- ury ur |