Show larger dividends expected aw this year aay from chief cons at a meeting of the a directors of the chief consolidated mining saw com pany held on december vy a divi bend of 10 92 cents aff per share was declared this money will be apas sent fp out as to 7 the ff shareholders 7 f on the 2nd of february and 7 yewey it will bring afi the total up to 1 07 it Is generally understood aas that the mine will esy con dinue the ww payment of 10 cent divi bends iffa fe quarterly throughout igsa the year 1920 the officers being conal dent that it will be possible asyet to ay iy main tain such distributions A dividend of 10 cents per share on Sf chief cons stock aay calls for a total of 88 20 ar during 0 esy the year 1919 zy i four divi bends were declared J the first was 12 cents per share and 1 each of the others 6 cents per share the rea son for reducing the amount of the aksa quarterly dividend a f last year was the heavy expenditures ff which the com pany made for new equipment and in a carrying out the most extensive development campaign in the mine a history to some extent operating expenses will be yaw reduced during the 2 present year and this will make pos sible wi larger aw dividends while the joiy officers of the company have 7 not v yet aff given w out reports for ff the jewhar jew past sar years business it is gener a ily understood that rasy the gross v re for ore vav sold were heavier aylwyn ay than lWy for any previous year i sylv but net Sy earn sv a ings were vs cut aai 0 down bwy materially by heavy sw expenditures ft wy |