Show t H K i S H i MIH I H S q j 4 IN mining lining matters I 1 A 1 1 A 5 44 I MK S M 5 PARK UTAH DECLARES 13 15 CENTS DIVIDEND DENT directors of 0 the park utah consolidated soli dated mines company last monday declared ai A aliv mend of 0 15 cents cent 8 a share aggregating day payable july to stockholders of 0 record june this dividend the third quarterly two having been paid during the year on january 2nd and and april 1st ast respectively will make total disbursements for the ties held by the park utah consolidated mines company reach a total of during the first quarter of the year from january 1st ast to april 1st ast the park utah consolidated mines company according to president and general manager george W lambourne shipped a total of 0 tons tona of ore averaging 1909 a ton total gross grosa recipes from ore ship ments were interest I 1 of increased the tot total al receipts 1 to should the rate of 0 productions product ioni be maintained throughout the entire year ot of 1926 that has prevailed dur inar the first quarter figures for which are quoted the company will exceed the output ot of gold and silver during 1925 when new high marks were established and the park utah consolidated mines company with a record of 0 ounces ot of silver marketed became largest iii hite metal producer mine operating and administrative expense amounted to leaving an operating profit before taxes and Jep letlon of 0 plant expenditures income taxes and the april 1st ast dividend of reduced this sum to the net amount added to the sur pu pus s cast cash and bond balances as ot of april after the of that a date totaled 1 development on do the 1800 foot level of the park utah mine continues to add to the already targe arge ore reser reserves ves exposed on that horizon the shaft from the 1500 to the 1800 level has bedol completed and a station cut tor for the new hoist having a capacity of 1000 tons dally daily A permanent pumping capable ot of ban handling ming a maximum ON ot gallons a minute has ben installed and the 1650 level started LOCAL STOCK SALES MR FOR WEEK FRIDAY silver king coalition at keyston at park bingham 1000 at ac park utah at SATURDAY I 1 keystone at park bingham 2000 at 16 1 ac park utah at and MONDAY park utah at and silver king coalition 1000 at and TUESDAY park bingham at 16 12 1 2 and I 1 I 1 park utah at and silver king coalition at WEDNESDAY park Bing hami at park utah at and TIM till KINGS nas in aletter a letter sent out to the stock holders of the above company manager forrest mathez says gays your board oi of Df directors rectors appreciates the tact fact that assessments ma mal be becoming a burden to a number I 1 ot of the stockholders and ath with this la in mind sent me to pittsburgh the latter part of april to confer with stockholders in that locality and obtain their ideas as to future financing of the company during my visit the sale of treasury stock to stockholders of the company was discussed tha means ot of financing the operations of your company was not given the support of the burghi lers although they express expressed edl themselves as in favor of continuing operations by levying assessments sess ments assessment no 17 tor for 1 14 1 4 cents centa per share was levied on the 1st ast day of june CROSSCUTS consulting engineer oscar A friendly was in the park the past week onDus on justness Ju siness iness connected with the park utah consolidated general manager M J dailey came up lip from salt lake this week spending several days at the silver king coalition SHIPMENTS ft 4 park consolidated silver king coalition ontario total 1324 |