| Show HECLA DIVIDEND OF HALF MILLION POSTED FOR PAYMENT MONTH spokane wash aug 10 the hecla mining company of wallace idaho james F mccarthy president and general manager will disburse on september 15 to stockholders of record on august 15 L E hanley secretary says the dividend is at the rate of 50 cents a share on the issue of shares this disbursement will bring the total divide dividends rids so tar far this year to and since the organization of the company the majority of the 1000 shareholders are in the coeur dalene region spokane los angeles milwaukee and new york declaration of the half million dollar divide dividend nd follows a recent disclosure of the main ore channel contic continuing cuing to the 2800 foot depth there the vein is 32 feet in w width edth ot of which 26 feet is ore its grade is reported to equal that developed at the 2400 foot depth struck several months ago level leve and undergoing development and on the foot where the great body has been followed by drift for about abou a quarter of a mile twenty years has been added to the li life fe of the mine oy by revelations in ore below the 2000 foot level accor according ding for to local estimates the installation of a larger equips equipment ent 10 the hoisting of this areis ore is reported to have been given con too official reports are that a drift at the depth in the star mine of which the hecla is half owner continues to disclose ore in a body of important width |
