Show Ontario to Again Pay Dividends After a n lapse of ot about sixteen years year years the the Ontario Silver Mining company company com corn pany should shortly resume at the rate rata of 2 a year Quarterly payments of CO GO cents ashare a ashare ashare share will be started late lu in June Tune or early July The company has 1 i shares sharee par value being During Its Us early days the Ontario property returned to Its owners rs the amount of of Its capital stock or about In dividends It was largely from this source that the tho beginnings of Hearst and fortunes fortunes fortunes for for- tunes were secured But th the property property pro pro- perty party fell tell upon evil days daya and tire and tied up its operations I for a long while says the Boston Doston News Bureau Dureau About ten ton years ago control passed to J J. J E. E Bamberger Damberger who un- un watered the mine and carried on development work in conjunction with mining Early this year a new ore body was wf located b below be- be low ow the former workings on the 1600 and 1700 levels giving Indication indication indication indica Indica- tion of a new lease of life ilfe This ore averages between 30 and 70 a ton principally silver but carrying copper copper copper cop cop- per gold zinc and lead in varying quantities For the past few years Ontario has been showing about gross pet lel annum with nothing saved for net Since mining the new ore body favored by h higher gher silver prices th the e company Immediately Jumped int into o profitable operations as shown b by net after all charges amounting t to u in March In April and probably at least mor morIn more moreIn morein e In May ABOUT TIlE THE OIL OIL COMPANY The directors are glad to report t that the Park Oil and Development t company are are lre getting things to where when they will wUl soon begin to sink oink the first firs t well The chances are excellent to forI for forthe r I the stock of this company to advance advance advance ad ad- vance to per share the price pric S now being paid for stock of an adjacent adjacent ad ad- jacent oil all well This well Is dews down dew n I but feet and Is le yielding barrels barrels bar bar- sets a day Tho Tb oils offs seta sells sel for i 2 L 0 00 0 a barrel barrel gat u mt ever everI every y I 1 day day and and practically no expense TI The S owners are satisfied with this revand rev rev- and have decided ed to sink n no o Deeper until the well runs rune dry 1 I IThe The directors of the local company demean y are surprised that Park City people 0 do not get behind this proposition n i and buy more stock before the price advances to 26 25 cents per share which it will do before another month according according ac ac- cording to the officers of the com eom- pany There is plenty of money In Inthe Inthe inthe the treasury to sink three throe wells It If necessary and the wise ones should got get In before It is too late THE TIIE Leaser Chas Chaa II Rood came up UI from Salt Lake yesterday and visited the tho lie was pleased with progress b being made in driving the crosscut Manager John D. D Fisher is running a cro crosscut on the level to connect with the head of the raise from the 9 CiO This of course Is dead work but it Is going to result result re so- sult suit In opening a big up ore are body Mr Fisher Isher thinks tho the objective point will wUl be reached within the next two weeks When working in the upraise up- up upraise up up- raise ralso Mr Fisher had a good twelve feet of ore and ore and when this body Is la lacut cut on the some some pleasing d developments de de- will wUl result Six and a a half halt cents Is bid for on the stock exchange but the local broker is offering 10 cents net for it INCREASED ORE There has been an increase in shipments of ore out of ot Park City for the first four tour mo months of 19 if over the corresponding months of 1917 The The ore ore re shipped out of ot Park Park City on both railroads In January I February March and April last year year aggregated tons This year the shipments amounted to an on Increase of ot tons CAMP CROSSCUTS Wm M M. Curtis was a visitor to Salt Balt Lake Monday Monda last on business I connected with the Glencoe property over In Blue Bine Ledge district diat i General Man Manager George W. W Lambourne Lambourne Lambourne Lam- Lam bourne accompanied by Mrs Lambourne Lambourne Lam Lam- bourne motored from Salt Lake last Saturday visiting the big sm smelter lter Mr fro Lambourne was wal more than pleased with present conditions and results The lady and gentleman re returned returned returned re- re turned home that evening SHIPMENTS I Judge M. M S. S Co 0 Judge M. M S. S Z Zinc lC 2 Ontario 0 King Coalition Daly West 0 King Consolidated roO Total Total |