Ogden Daily Standard | 1909-03-11 | Page 8 | Cut Sioux Dividends

I CUT SIOUX DIVIDENDS. Provo, March 10. As has been predicted pre-dicted for some time the directors of the Sioux Consolidated Minlug company com-pany this morning cut the dividend and instead of the usual S cent dividend, divid-end, 5 cents will be paid on March 20, books to close on March 15, and to open March 21. Manager E. C. Loose, in recommending that the dhidend be j cut, declared that February was a short month and that the mine was greatly hampered by the snow and weather. Further he declared that the property is in excellent shape. The Colorado Mining company declared de-clared Its regulation sized dividend of 8 cents, payable March 23, books to close March 20, and open March 2b. Assessments of one cent a share were levied on Mineral Flat and Black Jack. At a meeting of the East Tintlc Development De-velopment company this morning it was decided to place 50,000 shares ot the treasury stock on the market to I pay for the new machinery that has t been added to the mine.