The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-07-17

the market price of listed shares on
June 80, 1898, While foreign mines are
valued upon the June quotations given
nearest the close of the month. Odd
thousands of dollars are omitted, En-
glish pounds sterling are figured as
equal to s. and French francs as worth
20 cents, a slight generalization in each
case. Another copper mine which
would perhaps belong well toward the
head of the list is the United Verde Of
Arizona, which is a large producer and
is said to earn So 5000, 900 annual profits,
but as il is owned by a close corpora
ton and full figures are not obtainable
1t cannot we'll be placed with other
mines regarding which detailed and
authenticated figures are o~btainable.
The same lack of full and well veri-
fled figures prevents the proper CLASH
fication of many of the worlds great
est mines, especially those which have
been worked for centuries. The Mex
lean silver mines of Guanajuato, Fac
atecas n Pachuca and the South
American mines OF Potosi, Cerro lie
Pasco and others have produced bill
ions OF dollars worth of silver inc
passing into the hands of the white
miners, 300 or more years ago, but their
total production and net profits It
would be impossible to estimate. even
IL aAA Z wiz aAiNa WI
The same rule applies To the quick
silver mines of Almaden and Idria, in
Spain and Austria, which were first
opened i'm the mists of antiquity and
are still large and profitable producers.
The California quicksilver mines ut
New Almaden are declining in output
but have earned millions for their own
ers within the past 40 years.
They Have Paid Big.
Among American mines. beside those
already noted, the Ontario, a silver
mine in Utah. has paid dividends Of
Sl3, 430, 900: the Granite Mountain, also
a silver producer, has divided profits
of S12. 100, 900. The Quincy copper mine
has paid 50, 40, 900 and has declared
dividends of a million dollars i'm a sim
gle year: the Homestake. a South Da-
kota gold property, has returned &c.
SOC. $50 to its owners n bids fair 10
pay many times that amount in the
future. as IL is probably the largest
gold mine in the world. although ex-
celled in the average richness of its
rock by nearly all the other great
mines. The standard Consolidated. n
California gold mine, is credited with
profits OF s.. 654. $40; the Horn Silver has
paid s.. 1905 900 and the Tamarack cop
per Minis has divided s.. 800, 900 with
tldItiltlltiS III q lAANAt ~ Ten Year..
The list of American mines which have
paid a million or more in profits is SO
long that its reading would prove
m-onotonous to all except those direct
ly interested in mines and mining
matters.
The gold mines of Australia have
been not only wonderfully prolific but
highly profitable. In point of divi-
dends the list is headed by the Broken
Hill Proprietary company, which is
credited with having paid Sc 92. 900. or
with the profits of subsidiary compan-
les, which should be included. Es.7S6.-
900. equivalent TO $43, $50 900. The
Mount Morgan. another Australian
mine, has paid the equivalent of sea-
900. 900. The list of Australian mines
which have paid a million dollars or
more is a long one. bearing witness 20
the wonderful mineral wealth of the
antipodean continent.
Among the Millions.
FL Callao Of Colombia has paid
90 S66 A40 and Is still earning money