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Show COLORADO WILL PAY THE USUAL DIVIDEND The directors of the Colorado Mining Min-ing company on Monday met and declared de-clared the regular quarterly dividend of 3 cents a sWre, being payable on June 25, the cooks closing June 18. This will amount to $30,000, and brings the total dividends to date to $2,570,000, or $2.57 per share. The officials felt that this sum could be spared from the treasury despite the extensive amount of development work being done at the time The most interesting bit of effort is that of cross-cutting on the 1000-foot level of the Crown Point shaft to explore tho Colorado ground at heretofore un-attempted un-attempted dopths. INDIAN QUEEN WILL NOT RENEW LEASE It Is stated that the directors of the Indian Queen company will not renew the leaso of the property to the interests that have operated under a lease for a year or more past, which is one way of stating it that the company com-pany will get to work and operate the mine for the company's sake. The leasers have opened a very comfortable comfor-table amount of ore during thoir operations oper-ations and it Is stated that there is plenty of new ore left in sight. The leasers will terminate their activities on June 23. SWANSEA KEEPS UP STEADY ORE TONNAGE Tho Swansea Consolidated company according to Tiutic reports, is sending send-ing out seventy-five tons of ore daily on the average and reports have It that the ore is netting about 57 per ton. From May 16 to June 8 the shipments ship-ments brought in $13,000 or thereabouts, there-abouts, which sum is tucked away in the bank for future development purposes. pur-poses. The result during the past few days have not been up to the average as the expense of handling the water has been somewhat higher than usual. |