The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1900-11-03
ENORMOUS PROFITS.
American Metal Mining Companies
Show Big Dividends

New York. Nov. 3--In the ten months
ending October a. the metal mining
companies in this country reporting TO
the Engineering and Mining Journal
paid a total of SO. 56S.071 IN dividends.
This is an excellent showing" says the
Journal, OF the returns received by cap
ital invested in the metal mining indus
Try.
During these ten months the largest
dividend payers were the copper compa-
MES; Of those OF Montana, the Annalg1-
mated Copper company. which controls
the Anaconda and RarrOtt companies
and a large interest in other com anfes.
declared $4,000, COO, or 8 per cent on its
capitalization The Anaconda Copper
company IS credited with paying $500
goo, or Is per cent on its capital stock,
theB1SCOu and Montana company 81 200 -
eco, or 113 per cent. and the PARROT com
pany S1,37s,100. or SO per cent on its is
sued capital stock The Amalgaulated
Copper company's dividend. however
IS really duplication. as IT works no
mines directly and its dividend fund is
derived from the stocks Of other conpa-
MES which IL holds. OF the Michigan
Copper company's Calumet and Hecla
paid in the ten months $4,000 co., or zoo
per cent on its capitalization. Quincy
$500, GOO, or So per cent and TarraracFx
$4,000, or . per cent IN California the
Mountain Copper company paid 81 PEG
Geo or 1872 per cent on its share capftaI
In Arizona the United Verde (ex-Sena-
tor ClarkS property Is credited with
capital stock. and the Arizona company
S5t6.42S, or Is per cent The next largest
dividend payers in the ten months were
the gold mining companies. which also
produced some silver and lead IN this
group the leaders were STATIONS indie
pendence, limited. Of Colorado with 81 =
ss9.351, or 35-s per cent On its issued cap
1Ial STOCK, and Portland. $3.50 GOO. or Is
per cent In South Dakota the Home
stake Gold Mining company IS foremost
with Sl,u50, COO. or per cent on its share
capital In Utah the Silver King COM
pauy paid &l5O,Uoo, or 25 per cent on its
capitalization. and the DaIy-West. com
pany S412.500, or 13-7 per cent n Alaska
the AIaslSa-Treadweu Gold Mining COM
pany paid out $500, 600, or S per cent on
It's capital stock IN Arizona the La
Fortuna Gold Mining company leads
with 1892 500, OF 80 per cent On its can't
filtration and in California, we have the
elbow Aster company with $50 600, or
u per cent. Of the siIver-Iead dividend
payers those in Idaho are the most
prominent. being the Empire State
Idaho Mining company with 1926, 54I. or
20 per cent on its issued shares: the
standard company with 1895, 1000. or 50
per cent BuffaIO-H imp S2Z5. 600 or I'D
per cent and the Bunker Hill Sullivan
company with $40. 0e0. or z per cent OF
the lead and zinc mining companies IN
Missouri and Kansas the st Joseph
Lead company leads with s11Z 500 or !
percent on its issued share capital There
have also been numerous sr1aI Her dfzrf
pend payers. especially in the gold and
silver mining industry, while in the lead
ana zinc section the mum Der has grown
less, owing in part to the end Of the
speculative bubble which favored the in
corporation Of companies that promised
and in some instances paid 1 Der ceur
monthly dividends
I he dividend disbursements mention
ed above do not include those made bv
the coal and iron mines. oil couuaufes
and the metal smelling and re5nfn-
com anies- which have been enormous
ID the past ten months There are also
many private corporations that do NOT
report their dividends, and these. If ad-
ded. would bring the grand total paid
to stockholders in dividends to q varv
large amount Uuequaued probably bv
any other Industry in this cr4177 try -