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Show UTAH CONSOLIDATE ED III FINE SHAPE A, very good barometer as to the condition of a concern Is thq dividends it pays to the stockholders. There. are" others of course, but the diyjdend apeak lo,ude8t. With reference td the above named company we are' reproducing repro-ducing from the Salt 'Lake Mining Re view the' following, comment: v "Directors of the Utah, Consolidated Mining Company, operating at iBing-ham, iBing-ham, Utah, have placed that property' among the million dollar dividend pay.j ers of the present year by the pay- ment on the 28th inst. of 60 cents a share, or a total of $150,000. ( This is the fourth dividend for J917, the company com-pany having paid $1 a share on each of March 20th, June 2.r.th and September Septem-ber 28th,' bringing the total to $1,-! OHO.OOO and the grand total to $13,-616.390. $13,-616.390. Last year the company pa,id $1,150,000, and $600,000 in 1915. ' ."The company operates one of the great properties of the famous Bingham Bing-ham district of Utah, and the story of its developmeW-has added an interest-ine interest-ine chanter to the history of western mining. It Is one of the pioneers of the modern mines of the Old Reliable camp, and much of its success is duo. to Frederick Cowans of Salt Lake, ' general manager for the company, The property goes ahead with a steady production, making little noise about ita operations, but it is always found high up among the dividend list.' at the end of each year. Conditions tt the mine at present are reported ns being highly satisfactory." |