| Show chief cons to pay in next dividend semi annual distribution of dividend money will be made on august ath amounts to 10 cents cent s per share N monday of this week the 0 ON directors of 0 the ch et at consol mining company met and posted the regular semi annual dividend of 0 10 cents per share the amount to be distributed is 13 about as the company comp anys s 1000 shares are not all issued t the dividend which is to be sent out next month is the second to be declared by the ch ef at consolidated company the initial dividend hav ng been paid last 1 february manager walter fitch pitch informs the reporter He porter that he is now preparing a report which he will have mailed to the shareholders along ath ith the dividend ch chacks f k s this report will show V the mine tie to be in first class condition con it tion ana everything ind cites cates that the arty will be able to con dinue the pa palmena ment in ol 01 dividends for an indefinite a enod the earn be ing sufficient cien i t to meet the dividend requirements without twit hout drawing lion ilon the reserve f fund nd n that was set ai de h before ef 0 re dividend di payments clr in augu rated i fhe chief is i no v the a se second ond jar ar geat sh i t the he T tint n d strict the mine s wee le V sly ay to tonna ain a being ex ceedee only b 1 its t 8 n neighbor gab gabor the famous old ce tenn e n a maureka ureka urel in nc ne which for a nu ber bar of 0 0 yea years r sh aped almost one thir I 1 of the ore wh ch eh was sent out 0 t on om his district dt the chief s staret nt n ateer ar aret t rival 1 I to for second place in th the e I 1 p rig list is the ba ha gle blue be Bely I 1 mine i ine n also a neigh wring boring property the he combined in ba out put ut of the chief and eagle mines has las for some time exceeded that of he the centena al eureka the chief consolidated mine is no v shipping at the rate oc of abo it 60 tons a year and while the ore is not running quite as high as it vas mas some months ago the property is earning money at a very satisfactory rate the only serious drawback to the rapid extraction of ore and the development nt ot of the in m ne tie is the single compartment shift shaft be tween the surface and the 1200 level below the 1200 level the shift Is three compartment anthe man niana gt h peril pore 11 1 SS norfa ca h ledi tolver t closing the mine down and this jbf th officials of the company are anxious to avoid the chief consolidated company has an immense p ece of valuable mineral ground wh ch eh is being devel aped just as rapidly as ble the management having right from the start adopted the policy of giving the development work first cons der atlon |
