Mohave County miner., 1899-06-10
Money in Mining.

gold and silver mining, To such NAV
pe recommended careful examination
of the facts and figures set forth below.
The record that has been made by
some of the individual gold and silver
mines is something amazing.
The Comstock lode of Virginia City.
New, has produced gold and silver the
enormous sum of 320,O00,OOOs. Most of
this ore yielded but 81 per ton in gold.
The Calumet and Hecla has paid Co.
S0O,O00s in dividends alone.
The Anaconda of Butte, which was
sold for 40000,Oo0s to the Rothschilds,
paid that amount in dividends before
selling.
The Alaska Treadwell gold mine,
with ore running less than b, has paid
1895, zoos in dividends.
The Ontario of Utah, has paid b.
5j7.O0e in dividends.
The Mollie Gibson of Colorado, A.
OS0OOos.
The Granite Mountain, Montana, l3.-
OO0,OOos, the stock selling from 10 cents
per share to 75s inside of two years,
and paying so per cent in dividends
each month,
The Homestake of South Dakota, on
81 ore, has paid 3333s in dividends
every day it has run for the past ten
years.
The Witwatersrand of South Africa,
produced in the first year (lSS7) only
405yOO0S, but in 1895 it has increased to
40,Oo0,O0Os, while the output for the
last ten years exceeds 250.O0o,OOOs
For 1895 it was 75,Oo0,Ooos, placing it in
the lead among the gold producing
countries.
There have been enormous sums of
money made also in buying and selling
the stocks of some mining companies,
Irrespective of the dividends earned
by the properties on which these stocks
were based. The figures given below
are taken from the official records:
Yellow Jacket stock rose from 42s to
275s in 1872 and from 55s to 1859 in
1875; in 1866 it advanced from 80 cents
to l2s per share. The company has
paid 2,lsi,0Oos in dividends.
Union Consolidated advanced from
6s to 93s in 1875, and has shown very
large profits in other years, selling at 9
cents and los in 1886.
Standard Consolidated stock was
placed in the market in 1879, at 20s per
share, or at the rate of 2.O00,Oo0s for
the mine. Ii sold the same year at
35.75s. 1t has paid 3,s39, ,226s IN divi-
dends.
In 1878 Sierra Nevada advanced from
46Fas to 620s per share. Ii has paid
i.4tn,55os in dividends.
Ophir advanced from 2ls in 1873 to
296s in 1875.
Ontario was placed with the public
at lSs to 20s per share, or at the rate of
l.S0OO0ls to 2.OO0,0O0s for the mine.
After paying for years irge di rid e lds
it sold at ass. II has paid 1851 ,50Os in
dividends.
Kentuck sold at 70 in 1871, and at
5455 in 1872
Homestake was placed on the market
in 1879 at 1853 to 20s share. or at
the rate Of 1,750.0O0s TO 2.OO0,000s for
the mine. IL more than doubles in
value the same year. II has paid u
3O6.250s in dividends.
Hale a Norcross sold at 46S In 1871
and 672.50S in 1872.
Gould 4 Curry sold at 46.50s in lsll
and sos in 1872
Consolidated California advanced
from g3.50s in 1874 TO zoos in 1878.
Crown Point advanced from 274s in
1871 to 1888 per share In 1872. This
mine has paid IL .89S.OO0$ in dividends.
Consolidated Virginia rose from ii
cents per share in 1885 to 65s per share
in 1886.
Chollar sold at 29s in 1871 and 275s
in 1872.
Bodie advanced in the T0's from
10 per share to 75s, declaring at one
time several dividends of 100,0O0S each
in one month.
In 1866 Best & Belcher advanced
from 60 cents to 23.50S. Belcher sold
at 6.G0s in 1871, aud 1868 in 1872. This
mine has paid 1897 ,200s in dividends.
The extent of gold bearing territory
in the United States is so great and
the resources of the known fields are
so well established that it Is safe to
say the aggregate production of gold
in the United States, exclusive OF
Alaska, in the next Is years will great
ly exceed the astounding sum OF one
billion dollars.
New processes have been adopted
and have made possible the profitable
working of vast fields of low grade ore
hitherto Improbable, and we are now
fairly entering upon the greatest era OF
gold production the world has seen.
The greatest gold pro lucing countries