Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-05-22
MINING, BUSINESS AND STOCKS.
SIOUX CONSOLIDATED
ISSUES A STATEMENT

z, kOOO hS SIssAe - uN19 - -
Declares There is a Million in Divi-
& tlends Yet in SightProspccts of
3 Ore in Deep Workings.
Stockholde-s of the Sioux CONSOLE
dated are receiving with their dividend
checks the first complete account the
public has secured relative to the con-
ditions of the company. The state-s
nent5is signed by General. Manager 9.
Z. Loose and is declared to be sent
with the consent Of the board of d.
8rectors and the management. 1t lur-5
thel declares that it deems 1t adNis-t
able TO Issue the statement on accoun.
6fS the news letters issued by some u
the brokers OF the east who have been
knocking the stock. In part the stare
4 frlent says. h,
ont In dividends s3S7,6022S. and VIII
nav out in the future--jldging from
the ore In sight at the present TN ,e--S
at least ono million dollars more l lllfllsg
means a little better than sl.2o per
share to be paid on the stock from the
present time, ais there \. issued l AND ana
drawing dividends only 1859 shares.
:
intact in the treasury
4 ..,Tsf1e foregoing statement Is MADE
only after the most carefni meas ure,
31nents of the present orc DOGGY alia
from computations of its value. p ,as.,
on the average value of the ore at tne
present time. This brings about
rather remarkable condition, and we
Z f,re forced to admit that we have never
before, seen in any market a stock sell
#ingffor less than the dividends actual
sIy' In sight In the mine. Wea are not
Issuing this statement for the purpose
of advising our shareholders TO puF. OF,
sell, but simply for the purpose OF g1S-
Ing them the real facts first nard. am an,
putting them III a position to act intel
$iigently.
EXTENT OF PROPERTY.
Is eve wish to handle another impress
sion that has obtained general cifcuia-a
ton and more or less credence, que s
largely to the efforts of the authors OF
the before mentioned misleading q maj Y,
$ket letters. The Impression the enena-
Sies, of Sioux Consolidated have al
tempted to spread is that the property
consists OF only 500 feet of the so called
SCdloradp- Sioux vein, and that When4
5thatsis worked out the mine will pass
INTO history. The management isnes
Z 10 brand this statement as false. sion ~ 3
.lsl, ,ro s,not lyitig
$500. eon the west Of the
,t,.ssa,,+ ,so traversas the entire
satra., &c for more than 1000 rect IN
length, consequently the management
believes that there is ore, disconnected
q OF connected, lying between the pres
emf ore shoot and the old Sioux WORT s.
SinEs. These old workings are again hin
and as ne III, nar,e
!, az nr bodies isii1g
parallel to these old bodies ASIDE
from this there is every pn disability
hat other ore bodies be fol,n " Y
Ing deeper Ind poss bly, onIesten VIII
The present famous Colorado sioux ore q q
Il shoot e .s si55 q
INSTALLED COMPRESSOR.
4. s, !, ~. ,tro,, t,,e nanare
~, ,e,,y ,,,iich
tl,e nnor
"a
y, do
~
n, rnnse f pros
J.. III IL ,abie Ii
heinp taken
= d, lninr additional
IN ny v - ~ - go e
Il y q !, 4, cnIn
y, 4 NJ van
i,ie,. Nc. viii I'M
=. :! "a !, .tit,,tf, I. S1riunrn,,s nros-
~, lie iha oninion
~ ra,., XII l,t
.ha 1850 rhIa nrospectinty
u tarfere viii, the
!, 4,
5S ~, VIC ~ ~ ~ --
,., &, 81, Z, ,s,,-Y. 3,rtr,e yrAr
IA hso y b ?
III tiSs5 'l5
IS sn1cs M gSnlt Lake Exchange Increas-
Il I. x l., s.,o,,.
il'''75 = y.
4,t with the sales today on the Sal
"a Lake exchange the sales Of the week
reached the highest record of the year.
During the past six days 7a2. ~ shares
bf stock were sold and the total amount
that changed hands through. the trans
actions was s622, 4S1.ff5 This far eN7
reeds anything this year, S5 IS III i.
There. was Il. fair market on the salt
/ Lake exchange today and the sales
were to 79,sOo shares of stock and thf
vas q 9 tt u was
X sssls1 q 's reached i new low marx
IL If 4 IL cents. Camp Bird was also low