The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-01-16

The greatest single dividend ever declared in
America decided upon by the Goldfeld Consol-
idated Mines company its annual meeting held last
Monday at Evanston, Wyo.
1t will amount to 81 0SO000 in cold cash, payable
in March, being at the rate of 80 quarter, ana
will be followed by a similar disbursement each three
months or total of $4,32O,O00 per The deci-
sion to resume dividends at this rate places the Gold
field Consolidated at the head of all the great mining
propositions of the United States, Canada and Mexico
As foreeasted in The News last week, this actioa
decided upon by the board of directors at its
nual meeting last Monday, and gives the world an
awakening idea of the real and proven wealth of the
mines of Goldfeld and the proht making qualities II
Goldfeld investments.
The 30-cent dividend represents an annual interest,"
of Is per cent the value of the Stock ana 1t
is improbable that extras may be declared
which will bring it up considerably.
Immense Profits Available
With an estimated annual output of more than
$S000,OOO the 600-ton mill augmented BY
about 100000 from the Combination MILL it is prob
able that the neighbohood of IS per cent of the
gross of the will be available for dividends
The per ton for mining, milling and hauling will
probably not exceed Sc per According state
ment made by General Manager Mackenzie, there is
possibility that the equipment and capacity of the big
mil may be increased the end of the year to
keep up with demands Of the increasing ore re-
serves.
Several significant changes made in the direc-
torate at the annual meeting which placed on the
board representatives of the Hayden Stone Co. in
torests Boston, and of Henry C. Frick OF Pitsburg
George s. Nixon reelected president and George
Wingheld vice president. j. H. Mackenzie chosen
to succeed himself in the position of general manager
of this great property A. H. Howe elected secrc-
tary to succeed James M. Fenwick who resigned some
time ago to become private secretary to Mr.. Wing
field George L. Broy named assistant secretary,
and W. c. kalson was elected the treasurership, III
place of John S. Cook.
The board of directors is composed of George S.
Nixon, George Wngfeld j. H. Mackenzie, Charles
HAYDEN of Boston, j. H. Carstars, j. II. Hubbard and
W. C.. Ralston. John S. Cook, James NJ. Fenwick ami
james r. Davis retire from the directorate.
The New Directors
Charles HAYDEN is the head of the big brokerage
firm of HAYDEN, Stone Co. of Boston, which has been
handling Consolidated stock for Eastern and European
clients Mr. Carsairs is the personal representative OF
Henry c. Frick of Pittsburg, and is wealthy dis
ter BY the purchase of 100000 shares of MoEswF at
$4 two years years ago. he started the spectacular
which sent the price to $3.50 within two weeks. Mr.
Frck supposed personally 100000 shares OF
the stock Mr.. Hubbard represents Chicago interests
that formerly owned the Combination mine. Senator
Raiston is one of the leading the San Fran
cisco Stock exchange, and is assistant United States
treasurer at San Francisco
Eighty per of the stock represented at the
annual meeting either in person or by proxy.
.'Mr. Ralston, the treasurer, will not be re-