Show iron blossom co announces dividend 0 regular quarterly distribution of will bo be sent out to I 1 shareholders on tho the of this month 4 25 will be distributed to the shareholders of the iron blossom mining company on the beth of this month this being the regular quarterly dividend of 2 centa cents a share the dividend was declared at a pie meeting eting of the directors held on oil tuesday last and at this meeting manager hugh Tren trenholm holin submitted an interesting report which covered operations for the past three months while earnings were reduced to some extent due to a cave ghica partially blocked mining operations tor for a month or two everything li Is ones once more moving along in nico nice shape notwithstanding ahn reduction in shipments an n account of the cae caie the iron B blossom V asom made more than the requirements during the past quarter which mean means that the treasure treasury now contain contains a splendid surplus much of the ore now being from the iron blossom is being sent to the smelter and a smaller tonnage Is going to the knight comp company anys mill at sliver silver city which indicates a general improvement in the grade grada of ore which this property la Is prodoc ing officials of the iron blossom some time ago adopted a more liberal policy in the handling of the leasing operations and it is said that this new arrangement la Is working out to the entire satisfaction of all concerned as it has resulted in more extensive development work and increased ore production the dividend which will be paid this month Is the third to be beclar ed this year each being for the same amount 25 the grand tota total in dividends from the iron blossom will now amount to 3 0 |