Show Mines rand Min Edited j F. F F W. W Sprague BOSTON SUNSHINE POSTS DIVIDEND Profits From Three Months' Months Work After Paying for fOI New Mill I The rhe Boston Duston Sunshine Mining company com coin pany pany's s directors yesterday declared lell the company's initial dividend pa payable ablo at nt once Tho rho dividend is three cents a I share hare or a total of on shares of at stock outstanding The Tho OO I shares represent the tho on ono Cab salo of ot trea- trea eury lIr stock effected when tho thc company compan made an offering of treasury stock at nt 30 10 cents cente a sharo tho the proceeds of ot which were to be to lo defray the expense of oC remodeling the old oM Sunshine mill and to place tho mine in ln 1 form rm for tor pro pro- Upon falling t td ti raise the money mone in l that way the directors of ot the company compan advanced nd what was needed As the re result re- re suit sult of or operating tho the mine maine Rn and mill three months the debt has been paid the dividend distribution has hus boon been made and a u comfortable surplus is left loft i. i In the treasury The OO shares of treasury stock were sold to some man In Michigan 2 who has doubtless been ashamed to tell his closest friends that he had bad made a aI I gamble n mining While the Boston BOlton Sunshine management management manage manage- ment mont is making no promises for tor the fu fu future ture tore Its Us operations ao so o tar far with far with what is s known of th the tho extent and character o of the great grent bodies of oC low low-grado gold ore upon which it Is R working would indicate that it will be able to pa pay dividends re regularly at the rate of three cents a ti share a month Which mr-ans mr J. J that tho the 60 CO Invested tn by the Michigan r man inan In an unknown Utah mine will bring brIn him returns of ot 1 0 per cent a n k year And Utah people who imagine that the they are aro so wondrous wise In the matr mat mat- r r. r ter tel of or Judging the tho value ahl of ot mining and who had opportunity to gain information first hand didn't tako take a single share of or the tho Boston Sunshine Sunshine Sunshine Sun Sun- shine company's offering of oC treasury stock although It was a cinch The management had demonstrated In the Consolidated Mercur mill Just what It could do with Mercur ores and In advertising ad ad- matter mutter It made made maue a plain straightforward statement or of the caime which has been borne out in er e every de do- taU tall |