Show TI C STANDARD DENIES DIVIDEND I Officials Declare Decare Rumor of Disbursement in March S Untrue It I was WA officially denied d b by officers officer of or Ih the live Tintic Mining company that the directors were any Idea of or paying a dividend dl In March as s has s been rumored In mining circles circe this week E. E J S. S president and general gen gen- cn- cn eral ral manager stated tIlls this morning that tile tho company would not hot pa pay a dl dividend j I until Its Ita treasury was In iti such a shape na as 2 to assure asuro the expense of or completing tile the il new tunnel and make the disburse disburse- c- c meat ment to th the stockholders as well weH Ho stated that the treasury was now In good shape but that the tho officials havo have all al a agreed to continue on a er very conservative con con- basis In tho tilo financial operations opera opera- tons of ot the company compan the same ame as nan has haf been en shown In operating th the mino Itself Pe President returned from the property In Tintic yesterday where whre ho had been for two weeks reeks He says that the management Is now flOW rentI ready to commence commence com corn I mence sinking on tho the on tho 1600 foot loot level leve Work York on n the new shaft ho states Is continuing nicely It now no O being down 50 feet and the contractors ar arc aro sinking between five and anti six b feet leot a da day He says that tho the mine is about tho the same and that there thero has been no change chango Tho The re recent ent troubles that occurred at the tho thomine mine duo due to tho heavy snow snot In Tintic have hac now abated and tho the management expects to take out a a x car of or oro ore a da day until the new now shaft har Is completed when tho the output wilt will wi bo be b greatly Increased |