Ogden Daily Standard | 1910-08-15 | Page 4 | Half Million Dollars Output in August

Ji:rlng the month, of June, says tbel Natlona Miner. I From the first to the tenth of this j month the property, Including tho Suill leant', produced $100,000, and for the week ending Sunday morning. July 17, Its output wan approximately Sir.n.ouO for the first 16 daj-B of thlj Month. The production for this cn tire month will probably run up to , $500,000. HALF MILLION DOLLARS I I OUTPUT IN AUGUST The National Mining company of I Nevada has just paid Its first dlvi-Oend, dlvi-Oend, a disbursement of 3 cents a share iiin 750,000 shares of stock outstanding, thus amounting to $37,-f't'O. $37,-f't'O. it Is promised that the company j will bench foith pay dividends regularly regu-larly at the rate of fi cents a uliare a r'onth, with the prospect that the intc may be double! lu the near future. fu-ture. Control of tho company is i owned by John E. l'elton, who is pres-. i blent and general manauer, and his I M il, Cicorgo S. Pelton, who Is seorc-j seorc-j tary jf the company. The bulk of tho lem.-ilnlng outstanding stock Is hel l by the TeHcnis" eastern associates. The records of the mine at Carson CUy will show that for 60 days prior o July 1 the property of the National Mining company of Nevada, iiuiudlnc the si all le ase, produced bullion of the value of a lialf million dollars. Of that amount, $25,000 was turned nut.