Deseret Evening News | 1906-09-14 | Page 6 | May Increase Equipment

MAY INCREASE EQUIPMENT Utah Mine Ihl i Inc Director 11 l Ill of fit C ik Slid 1100 U I nl cl clAt At 1 t a meeting In of at the board lioard of lIrt tots tor of the Utah Mine held yesterday afternoon It Wal decided d t lu the then Ih n mount of ot the tie monthly dividend front from 2 cents centa to 10 3 J cents cent ncr Der chare haro This Thill M is the tho second raise taise In the Profit distribution III lion tion the tho fIrst of ot th lie lite year and the management w M y tInt that the rate will a Ill III be maintained for nt lit any an rate some win time limo to come the Ihl Isolated d location oration lIt of if lu ite mines this Ihl company has hll ha yet el to 10 levy 11 Its It first nt It has hall paid PRill up tit to 10 now a total of In divi dimi denda and han hu not yet tl t gone trone below belon the level leel The prom rom th tilt thores ores are ar almost almot uniform running about W SQ per reI cent ent leand and 10 Hi ounces of o ill sil silver i vet ver fr to 10 the ton Ion The Th is IB I quoted looted to 10 day at I 1130 bid having risen rHen from III In the neighborhood of H n 1 per fler ahart during the past pact few fe months The l level lemel Is l MM also the Ihl water ater level and the directors were yesterday I I ha the advisability of ot lI log ing the tile equipment In heavier pumps etc In order orar to begin b developing at depth d Should this hi course be lie decided upon and and the additional ci IJ pease ne Incurred It Il II Is unlikely that this Ihl 1 sill interfere with the dividend rate as n the physical ph condition of ot the tha mint tome the li II I ald to be ex u