Show I Edited I l' l L Mines and Mining Sprague F F. W W. W J MINES Of DESERT POST DIVIDENDS Pioneer Leasing and Skidoo Distribute f r Companies r Nice Profits I Xu t mInes of or th the southern rn desert f country ou tr arc are making KOOI ool IH Is Indicated by two u of or the them them the Skidoo of or Inyo Ino County countr California and anil the tho Pioneer orr of or off f r V ha og-havIn og this month posted r J dividends on lI f I The Tue Pioneer Leasing Leaning com company pan will v on July 6 pay to stockholders of ot rec- rec ul July 20 live five cents a cash ash and ancl j one share of or stock of ot the tho parent coin COIn- v l May any ny the tue Bullfrog Pioneer Mining ny for every cry ten len shares of stock In the leasing company compan rho cash ash dividend div dl 1 to lo 1000 It l. l the sum paid for Cor the tile lease stock t by y munt of or Its holders making the tho tock stock dividend clear gain with the tue 1 that more Dividends arc to come Tho expects to toV V vay y at least S 5 cents a share every month The Tito Skidoo Mines com company pan sent out checks last week for tor Its ita Initial 50 dividend It ho has a ten stamp mill 4 Jn In operation and it is said that dc- dc e- e T t. by 11 the comp company ny and h by byA A t several cral sets lIets ct of ot leavers leasers have unco t numerous veins and ore arc bodies pine pine- J In r in sight moro more ore than several mills could coulet reduce in a score of ot r. r yea years IS Tho rho company issues regularly monthly month month- ly la reports to stockholders and those of or the tiie past three months show profits ranging from H to 57 During March bullion to the tho total value of or was produced with cyanide extraction estimated ut S 1600 a. a a total for tor the month of or c consumed Development and operation leaving lea a not net profit of or 17 1151 for or the tile month During April nt tons w were re milled with a total bullion bullion bul bul- lion recovery of or cyanide ex extraction cx- cx traction was estimated at 2000 and concentrates at nt leaving a 1 net development development de de- le- le for Cor profit after providing and open operation of or 11 During May touts tons were vere treated with a bullion recovery reco of or 37 cyanide extraction of or 1000 and ancl concentrates eon eon- valued at Development anti and operation account reached leaving ln a profit l of or In other words tho net hot profit to for I the past three months has haR totaled an average aCIn average aver CI n age o of a n month Or ll at t the tile voile of or 1 per pel annum Gross extraction Is nt at the tue rate of oC 11 n per Jek month or 9 a n year |