OCR Text |
Show GRAND CENTRAL TO PASS ITS DIVIDEND Provo, Aug. 12. The directors of the Grand Central Mining company, who should have met last Saturday, have passed by tho holding of such a meeting, and they have also given out that there will be no dividend this mouth. The Central Hill Mining company directors met here today and levied an assessment of 1 cent a share on tho outstanding stock. The levy will bring $5000, and the money is to be used in driving a tunnel drift from tho Grand Central workings through the Plutus ground to the Central Hill property. The drift has already been run a considerable distance. The survey to determine the distance has not been completed. It is reported by the management that good mineral-bearing ground has been found in the Plutus property, through which the drift Is being rGn. |