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Show WILL PAY DIVIDEND OF $1-50 PER SHARE ?fV Consolidated Intorsate Callahan Mining Min-ing Company Now Above $5,- "" 000,000 Velvet Mark. Special to The Tribune. SPOKANK, Wash., Dec. 0. The directors di-rectors of the Consolidated Interstate Callahan Mining company, which own? aiTd operates the combined Interstate-Callahan Interstate-Callahan group of lead-silver-zinc claims in the Xine-milc district of the "ocnr d 'Aleues, on December o announced the regular quarterly dividend of $l.oQ the share, or $(597,485, payable December 30 to stockholders of record December 23. This will make the payments for the current year $2,7Sn,fU() and will increase in-crease the grand total to $.3,347,385, or $ll.oO the, share on the issued capitalization capitaliza-tion of 404,990 shares at $10 each, since the disbursements were inaugurated on April I, 1915. The surplus for October and November, according to messages j eoeived from President .John A. Per-cival, Per-cival, ,was in excess of $1)00,000, or an average of $51)0.000 monthly. The Interstate-Callahau company, which is controlled by the American Metals company, is the third largest zinc producing corporation in the world, ami it probably will assume even better rank in the next year, as the extensive development under way is more than counter-balancing extraction from the property. Official reports state that there is more than five years' ore supply sup-ply in reserve at the prevailing rate of production, about (iSuO tons monthly of crude lead and zinc ore and lead and zinc concentrates. Plans have been prepared pre-pared for a 1:200 tons' daily capacity mill at Kuaville, Idaho, where a. site was purchased a number of months ago, but it is probable that construction will not begin for another year, as it is estimated esti-mated that there is cnouuh ore in the ui-per workings of the property on the Nine-mile side to keep the present plant operating for three or four years. |