Beaver County News | 1917-08-24 | Page 3 | Moscow Mining Co. Declares Dividend

MOSCOW MINING CO. DECLARES DIVIDEND The .Moscow Mining & Mill- ing Company, Star district, Beaver county, has posted its second dividend for the year. One cent per share is to be paid August 31. The last payment was of 2 cents on January 1 5. The company is mining through its new 800-foot shaft. In June the output of the mine amount- ed to about 1000 tons. The July production was smaller owing to the difficulty of ob- taining teams for hauling. About 600 tons were shipped in that month. A part of the ore from the Moscow is valuable for its zinc content. The re- mainder is consigned to the lead smelters. The Moscow is cap- italized at 1,000,000 shares. With the August disbursement it will have paid $100,000 in dividends.