| Show I p WHAT DiVIDEND MEANS At t Least Six Hundred Thousand Dollars in Bread Money To be Paid This Year MR NEWHOUSE MAKES GOOD Ily I j to tel to Share Spout FIell In lu DC H Cactus Tho The posting of oC the tho Initial dividend of or orthe o othe the Mines cor corporation Or at It the Iho meeting oC of directors held hU Ml In Now Noll york Tork yesterday y has tnt ful fulfilled tilled fitted the promise moo mado by hY President Samuel el to Ih thO u ot of thru organization ome ago u ug n Whito Humo enthusiasts have ruttier rather anticipated that tho the Initial dis distribution 15 would ho lie 75 Th r cents a n t sharp or ur Mr 1111 Mill has sas never uever Hald anything to Indicate that thaI It would he hemore Ij more than SO o cento tente a i L share or III quarterly er tu tl i begin with wit It Ho He has ed however that toul there them Is u likelihood tile the busts bulls will 1111 bo b higher In tho Llo 1 08 by b the tho beginning ot of which the company will be tie operating with tI s to u much lunch luner luer tonnage than at ent Jut 2 a Il L share per figures out very handsomely no company IH li capitalized for ant and mul multiply that thal by two VO That Is J per JOI er month there thero am at a avery very vor tow mow mines In the tho th state doing I rul I batter belt r with lt It shareholders The Tho Utah Consolidated l I Is making bred bredon money on the tIre basis of fit If 1001 0 and nd occupied a n position at Ui hid of at the list Ilet of o Utah dividend nd payer Ins Ir Ift year ear oal There la III no lID why tho company not come tip lIP to this thiC record next y av In III one OM on other about the posting of oC o the tho dividend It in l 0 the lIe second mine In lii the tiso state tite hll with whir which Sir ir 11 has bILe liven Jeen e Identified Id to to KO go Into tho dividend paying column Tho Consolidated Con wac aai wil the lie first one ono Both arc oro irr douMy thuy I big milieu and arc destined In to continuO continue a till an dividend payers fur for many to tn como com comIt It tt has taken tl en several years ar ot hard work to tn bring Wini the Cactus or 01 out olit of oC have been boon ex ox tl III development and equipment but It I ban been bren brought up rip to the tM point polut where nil nit this thi money will oon be bo re Ie returned turned There Is Ie l not hOt n U minI mino anywhere In ill the th west with bettor equipment than thal the thc Cactus and anil there are tire very tow Saw any wh In tho the country cOUntr that grin can CUI bo h oper operated with as a little cost per leI ton LOU of nr ore oreAs Ae As to Newhouse took stock st ek It n will probably ably settle rettIe around 18 or 20 u II tharo for tor x t while but hut It la Is not lot at nil unlikely that tho Iho market price tlC will ad nd advance vance lignin again In fl tho th autumn and am perhaps get Iet et hack back to tho the high point Joint of or last March |
