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Show DIVIDENDS OF THE NORTHWEST MINES Special to The Tribune. SPOKANE. Wash.. Sept. 1. -Mines of tho territory tributary to Spokane to date this year have disbursed In dividends alono $2,S63.971, as compared with total net earnings of $6,289,612 In 1912, according ac-cording to figures complied by James E. Duff, mining editor of the Spokesman-Review. Spokesman-Review. This Is evidence that the profits of the different companies for the current twelve months will be far in excess ex-cess of the best previous record, for the mark of 1912. which was the banner period in the history of tho mining ln-dustrv ln-dustrv of the northwest, will be surpassed sur-passed by several hundred thousand dollars. dol-lars. Drovlded the present rate of pro duction Is maintained and prevailing prices continue. Not only arc the companies that appeared ap-peared in the list In 1912 producing a greater tonnage, due to the Installation of Improved machinery, but the percentage percent-age of profit Is being Increased In large proportion to the output, the result of the Introduction In the last few months of new treatment and value-saving methods. meth-ods. Added to this are the revenues from tho Stewart mine, which recently paid Its Initial dividend of S123.S36. ana nas declared another payable In September, not Included In the accompanying tabulation. tabu-lation. The total is further swelled by tho resumption re-sumption of dividend payments by the Granby Smelting company and the International In-ternational Coal & Coke company, tho former having paid $450,000 since January Janu-ary 1 and the latter SG0.000. and both have announced disbursements early in September, when Granby will pay $22u,000 and the International $30,000. Republic Mines corporation, credited with $5,000 not earnings last year, is not Included among the revenue producers so far In 1913, and United Copper, which divided $50,000 among its shareholders prior to December 31, is diverting Its earnings to the surplug fund, whllo Snowstorm Snow-storm has reduced Its payments from 3 cents to 1 cents quarterly. Mr. Duff has compiled the following set of figures showing dividends thus far this year: B. C. Copper. $SS,756: Bunker Hill, $523,200; Federal. S3G0.000: Granby, $450,000: Hecla. $220,000: Hedloy, $120,000; Hercules (estimated). ?2S0,000; Inter C. & C. $60,000; Knob Hill. $15,000: Lc Rol, $13,200: Republic M. C, ; Snowstorm. Snow-storm. $$9,979; Standard. $400,000; Stewart. Stew-art. S123.S36. Success. $90,000. Total, ?2,S03,97I i |