Marietta daily leader. (Marietta, Ohio) 1895-1906, 1900-11-22
WEALTH in MINES.
Big Dividends Paid by Copper, Gold
and Silver Properties.
Some Mines Pay as High as 200 PEI
Cent. Dividends on the Capital
Stock-COpper Mines the
Most Profitable.

In the. ten months ended October 81
the metal mining companies in this
country reporting to the Engineering
and Mining Journal paid a total OF
S42.j6s.071 in dividends. "This is an
excellent showing" says that journal,
"of the returns received by capital in
vested in the metal mining industry
During these ten months the largest
dividend payers were the copper com
panies, as follows:
OF those in Montana, the Amalgamated
Conner company, which controls the Ana
conda and Parrot companies and a large
interest in other companies, declared SO-
100000. or per cent. on its capitalization.
The Anaconda Copper company is credited
with paying A,SOO,00, or l6 per cent on It's
capital stock the Boston & Montana com
pany, $4,000 900, or 1l3 per cent, and the
Parrot company, Sl,379,l00, or 60 per cent.
on its issued capital stock. The Amalga'
mated Copper Companys s dividend, now
ever, is really duplication, as 1t works no
mines directly, and its dividend fund is de-
rived from the stocks of other companies
which it holds. OF the Michigan Copper
companies, Calumet & Hecla paid in the
ten months S., ,0OO 900, or POO per cent, on lts
capitalization Quincy, 100000, or 30 per
cent. and Tamarack, S420 900, or @ per
cent. IN CallIOTHld lHe NOuhldll NVBPSi
company paid 81 100000, or 1872 per cent. on
its share capital. In Arizona the United
Verde ex-senator Clarks property is
credited with paying $l,65000O, or 30 per
cent on its capital stock, and the Arizona
Copper company, $57G,429 or is per cent
The next largest dividend payers in the
ten months were the gold mining com.
panies, which also produced some silver and
lead In this group the leaders were STRAIT
tons Independence. limited, of Colorado,
with 81, ,7S9, ,337 or 35.S per cent. on its issued
capital stock and Portland $15OOOO, or u
per cent. In South Dakota the Homestake
Gold Mining company is foremost with ST.
OjO, 600 or per cent, on its share capital. In
Utah the Silver King company paid $3.50, 900
or % per cent on its capitalization, and the
DailyWest company, Sil25OO, or 1871 per
cent In Alaska the Alaska Treadwell Gold
Mining company paid out 100000, or per
Cr.t. on its capital stock. In Arizona the
La Fortuna Gold Mining company lead
with S232, ,5OO or 93 per cent. on its capitaliZa'
tion, and in California we have the Yellow
Aster company with $l3O,OOO, or l3 per cent
OF the silver lead dividend payers those
in Idaho are most prominent, being the
Empire State-Idaho Mining company with
S2g5 541, or 30 per cent. on its issued shares
the Standard company with $295OOO, or 5s
per cent; Buffalo-Hump, $225,OOO, or 10 pei
cent, and the Bunker Hill Sullivan COM
pany with $2l0,0O0, or per cent.
OF the lead and zinc mining companies in
Missouri and Kansas, the st. Joseph Lead
company leads with $112, 500, or 4.5per cent,
on its issued share capital. There have also
been numerous smaller dividend payers, es'
pecially in the gold and silver mining in
dustry, while in the lead and zinc section
the number has grown less, owing in part
TO the end of the speculative bubble which
favored the Incorporation of companies
that promised and in some instances paid
per cent monthly dividends.
THE dividend disbursements mentioned
above do not include those made by the
coal and iron mines, oil companies and the
metal smelling and refining companies
which have been enormous in the past ter
months. There are also many private cor
porations that do not report their divi
bends, and these, if added, would bring the
grand total paid to stockholders in divi
dends to a very large amount unequalef
probably by any other industry in thi!
country"