In October 1919 the Vindicator washing and flotation mill at Victor was closed, so that less ore was available for the Golden Cycle mill.

The Vindicator company has declared its regular quarterly dividend of one cent per share, a total of $15,000.
The dividend will be paid on October 25 to stockholders of record as of October 15, when it is expected that G.S. Wood, the president for the company, will advise as to conditions on the Cripple Creek property and explain the shutting down of the milling plant.

The Vindicator has added four concentrators to its flotation plant.

Flotation at Cripple Creek

The annual report of the Vindicator Consolidated Gold Mining Co. contains the following data regarding its milling operations during 1918:

On company account there was hoisted 230,304 tons of crude ore, averaging $6.15 per ton. Of this quantity, 6.67% was sorted out and sent to the Golden Cycle mill at Colorado Springs. All rejects from ore-dressing operations and the Golden Cycle shaft ore-house are delivered to the flotation plant, where they are screened and all coarse waste rejected, and the residue sent to the flotation-plant crusher.
During the year there were sent to the flotation plant from all sources 222,626 tons of ore, of in average assay-value of $2.13 per ton. Of this, 176,623 tons, assaying $1.42 per ton, was rejected by screening, and 46,003 tons valued at $4.18 sent to the flotation plant crusher.
There was shipped from the flotation plant 6209 tons of concentrate having a gross value of $206,255, equal to $34.21 per ton, and a net value after marketing charges of $171,038.
After the deduction of all operating costs the net profit from this source amounted to $27,955. The royalty paid on flotation rights was $2578, equal to 5,5 cents per ton on 46,003 tons so treated.

The Vindicator mill during February, a month where the weather, deep snow preventing movements of ore, both by team and by rail, still produced 13,000 tons with an average value of $2.20 for a total of $28,600.

During January the Vindicator mill treated 16,000 tons of $2.15 in average value, total $34,400

A 200-ton concentrating plant is to be erected at the Vindicator Consolidated mine, and foundations are being prepared. The mill was designed by Edward P. Wiard, of Denver.
The mine is developing well, and lessees are keeping up their ore production. During the current year, four dividends, totaling $180,000, have been paid.

According to local statistics, the lessees at the Vindicator property are doing fairly well. An experimental cyanide plant is being erected at the Vindicator to treat dump ore.