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Show Telephone Company Reports Gains For the third quarter of this year, July, August and September, Septem-ber, Mountain States Telephone gained 39,000 telephones, President Presi-dent Walter K. Koch reported in his October 15 quarterly message mes-sage to share owners. This is an increase over the 33,300 added for the same period last year. Long distance messages were up 10 per cent above the third quarter of 1956. Also, during the three months' period, the Company Com-pany gained 10,700 residence extension ex-tension telephones compared to 7,300 for the same months last year. "The company's 1957 construction construc-tion program, calling for an expenditure ex-penditure of over $100 million, is progressing on schedule to help meet the continued high demand for telephone services," Koch stated. Earnings f pr the quarter ended August 31 were $2.32. The regular regu-lar dividend of $1.65 per share has been declared and mailed to 9193 share owners. This is the 185th consecutive dividend payment pay-ment since the company was organized or-ganized in 1911. The report also mentioned plans for nationwide direct distance dis-tance dialing which is scheduled Denver customers by mid-An mid-An addition to the company's com-pany's headquarters building begins be-gins early next year with part of the space to be used for the equipment required for direct distance dialing. The project will require expenditure of $3 Vz million, mil-lion, j f n |