Ogden Evening Standard | 1912-09-21 | Page 2 | Tonopah Mining to Pay Good Dividend

TONOPAH MINING TO PAY GOOD DIVIDEND The directors of the Tonopah Mining Min-ing company on Friday posted a dividend div-idend of 25 cents a share, and an extra ex-tra of 15 cents, calling for the distribution distri-bution this quarter of $400,000, making mak-ing a grand total to date of ?9,060,-000 ?9,060,-000 During the past quarter the com- HJUMi I-UJ-111'IJAJ-LUJUXI- II i pany has earnod well above the dividend divi-dend requirements, and from all reports re-ports the mill and mine aro capablo of keoping up their present gait without with-out difficulty During August, this company milled 14,429 tons of ore, averaging $17.78 per ton. The net earnings for August were $129,368,