Show park utah mines ore on 1959 1950 level the new ore body being developed on the 1950 level of the park utah consolidated soli dated mines companas comp anys property Is showing material increase in extent and pleasing advance in values over the average ores of 0 the mine according to information obtained from officials of the company the tha new ore are body which was opened in an east drift following the conquering of water troubles on this level some time ago has been opened up for a distance of about feet it Is stated and the ore which was three feet in width and rather disappointing to the management when first found has widened now to nine feet it Is stated that the ore gives net returns of 20 a ton which Is better than the average grade of ore recently mined from the property company officials are well pleased over the manner in which 1 1 the new ore body on the 1950 Is developing and the values it Is showing shipments are now being made from this body it Is stated and development operations 1 erat ions lead the officials to believe that a big and important ore body has been opened I 1 while the company it is said has earned eleven cents per share net during in g the fourth quarter of 1929 it Is announced that the dividend tor for this quarter t will be passed however it Is understood that the company has more than I 1 in the treasury after deduction I 1 tor for taxes and with physical conditions 0 in the mine looking much better than they have since the first of the year it la is w anticipated that the park utah will be bick in the ranks of regular dividend payers next year the company paid tw two 0 quarterly dividends this year but passe passed d the dividends for the two last quarters 1 1 of the year on account of adverse conditions 4 which it appears are being overcome now |