Show CALME CALUMET nAS s RAISED lS ITS DiViDENDS TO 42 An Increase of oC 2 a share in the quarterly quarterly quarterly terly f nd of oC the Calumet and Hecla Mining company was WM vot voted at the tho annual meeting of the shareholders in Boston This raises the dividend from 10 quarterly to 12 2 or r double the amount that was wa dl distributed by this concern concer a s a year ago At this rate rte the company company is paying dividends amounting to annually and ad with the disbursement of ot the tho one Just JUt posted poste this company wilt will wl have distributed to shareholders approximately There are only shares of stock Issued This is 11 one ono of oC the most wonderful copper copper cop cop- per mines mIne ever discovered In the tho world Its IA mining is less les ex expensive ve n than most of ot th the deep mines mine and operations are less leu complicated The native copper Is mined and sent direct to tho the market without any treatment whatever Tho yield In I copper per ton Is pounds founds at a cost coat of ol cents per pound If J JIt It were not fo for tor forthe the great red depth of h which ch this ore Is 15 I brou brought h from tho the operating costs would be the lowest of oC any Iny of ot the great producers pro pro- of ot the world and aa u the depth I IB is continually increasing a a greater goter cost will doubtless be shown each aeh year ya from now p on In addition to the va valuable elt estate e this company la is II opeaUn operating on Its Is own account It has Interests in large lare other pr producers in the Lake Superior region An effort eorI was wa mae made to incorporate all an these companies companies com corn panics under one ono concern by tho the Calumet and Hecla Hecla company recently but the minority interests opposed the deal Tho Thc companies In which this concern concer ca Is I. In In- In- In f end and nd the amount of Its Is holdings I o are are arc tabulated as 08 follows Held by Author Author- Company C. C H. H Ahmeek 2 I Allouez Alouez I Centennial Cliff CUr Dana Dana- k I Frontenac OOOO II I G Gratiot Gratot- Gratot rat lot Islo Isle Royale Rale I La L Salle Sane r Manitou 2000 O Oscola cAJa St. St Louie Luis Luis- Seneca OOOO Superior SuperIor- Tamarack 1940 Whito hito hlo Pine pfd White Pine Fine com The Tho asterisk Indicates stock majority majori majori- major major- ty is 18 held eld b by the Calumet and Hecla |