| OCR Text |
Show SIOUX CON. MAKES LARGE PRODUCTION, Latetr Shipments Are of Higher Grade Good Surplus on Hand. Continued food performance of Sioux Consolidated In ore production and earnings Is shown by the monthly month-ly financial report by the company J under date of August 10, which coraoj by way of the New York offices of the company This report shows that a somewhat better grade, of ore was shipped the last month, resulting In larger earnings, while at the same . time more money wii expended for ' development work. It Is comtnend-hlo ' showing for a mine which more than J a year aro was popularly sunposo-j to I be eligible for membership In tho down ar.d out cl iS. The report shows: Cash balance, July 1. $61,204.28 4C cars settled for In July 25,'27.4I $S9,731.72 Pavroll paid In July $4 951.50 Dividend No 17, paid July 20.. 2rt,S15.5C 41.C1C.S7 nilnnee, Alter. 1.. $IS.114.S3 2S cars erttV-d for since August .. 21.."20.4S Tl.TTien A"!r 10.. OSjZu "33 r."ls now due J 3,7m 51 Payroll now. due G.2CC.10 lO.fOf.C. T.a'ance, Aur. 10. 30 02$. 70 ' Commenting unon t? reno't, th"? ' Copper Curb Sc M'M"? Outkr i ! which ppck3 by a'ito--iy of toio i who hold contiol of Sioux ConsoKdat- I i cd. "ys: ; "Tlire are one or two feature of this rnort wh'ch are cuiplng Silt ' Lake City to sit up and take notice. The r.rfit i the fironf of a better grille of sMnrrents. as d""ion''-ated bv the fpet that whfri a.? 40 ear set- ' tied lr l'irin? July TiPttr-d "r'.r.21, 2S enrs seitlrl for hp to Aucust 10 netted net-ted 1.52.1 if dllTerenre of IX cars meaning a difference In receipts of only $4,007. The second f aturc of the renort Is that with a full month and more to co before tho directors Fhi uld meet for action on tho next dividend, the conmany has cnh on hand, after all Mi's and obligations : shall have beon unld. sufficient for i two more 4c dividends. j No Doubttt of D;vidend. j "In the light of this Tact, no doubt Is entertained here about tho next dividend, due for payment on October Octo-ber 20. "Tlie largo increase In thr item 'payroll now due' over the slnHar Item In .Tnlv nceoonfpd for by the heavy tindersrround exnloratlon, with a vlw to ojienlncr the tropertv to greater doMh, now In progrress. Tillo this Is going on, Slcux Conciliated continues Its regilar produrtlon, av-er"ng av-er"ng from 70 to tons dil'y: and a the report ctbb'shs. this pr" Iitc-tlon Iitc-tlon Is resultHv In the realization of a mo.st subs'antlal proflL" |
