Show MAY DAY DECLARES fi j- j SEVENTH DIVIDEND Will Have Good Surplus After S Mak Making ng Profit Distri Distri- I I HAS SOLD OF ORE Record Since Reopening in hi April Makes Excellent Show Showing ng Directors of the May la Day Mining I company at their heir me meeting ling yesterday I declared dividend end No Xo 7 7 calling for forone forone forone one cent a share or the total of oC to be paid June 2 i 2 1 to stockholders of or record Icor at 5 G I p. p in m. Juno June 20 O. O The 1 books will reopen for transfer on the lie Since Ince the mine was reopened on 20 O the company compan has marketed fully of ore ole Its net liet earnings ha have vc been considerably m more than the amount of the dividend ivI cn to be paid it r F b being regarded the part parl of or if mull prudence nce j I Ito to hol hold a a good reserve c The TIle May Muy Da Day was taken takemi over In I April of last b year car by the present management man man- It hind had never before that that- I time tinie been a u. paying proposition but It was only two months later Inter that the first dividend was pal paid l Monthly dis dis- 1 were thereafter ma made e regularly regular until December when thomine the lie mine was vas closed 1 on account of oC the unsatisfactory condition of the metals market the time total of oC C 1000 having been paid pal to shareholders els Tho con condition of oC the mine at nt this this' time Ume is 19 said to be better than It has ever eyer been before the tho output of the mill mm is to be Increased at once from I sl sI six carloads carloa s to I 12 carloads of concentrates concen concen- rates a u. month an and 1 the time May ray Day promises to 1 bi- bi bin l' l n n the Pl ing list for fora a long lOllS time t. t to conic come |