The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1907-10-10

! aOated as an Incorporated company
OF the $7l.944.260 paid In divi
dends by liz metal mines and works
as noted above. $44,69S.676, or near
ly two-thirds. was declared by q
copper companies. Since incOrpora
ton these copper properties hav'
} mailed to their shareholders tn
handsome sum of $335.943. 1866
which is equivalent to nearly 1856 pei
cent on the issued capitalization o.
$181,S15,275. No wonder so man,
copper shares of known merit are
selling at a big premium. The divi
iend record is held by the Calumet &
Hecla mine, which this year has dis,
tributed $5,5O0.O0O. making the to.
tai since organization $10t, $50 600
on capitalization of only $4,000
900. The $25 par value shares have
sold as high as $1,000; but on Oct.
2 they stood at $3.50. because the
company cut the quarterly dividend
from $40 per share in June to SIS
in September. At $500 per share the
stock yields about az per cent per
annum. The Amalgamated Copper
Co.. whose last quarterly dividend
was 50 per share on par OF 500, Is
paying at the annual rate of over IS
per cent on the market quotation of
$50 per share. Anaconda, largely
controlled by the Amalgamated Co.,
has paid dividends Of $6.3O0,000 this
year. making a total of $4,000. 900
since incorporation on a capi4aliza-
ion Of $30.000,000. Anaconda has
cut Its quarterly dividend of $1.75
n July to $1.25 in October. making
the current annual rate little over
10 per cent on the market price of
s38 per share. Boston & Montana.
mother property controlled by Anal
gamated, has announced dividends of
$5,400,000 this year, making total
Of $56,125 900 since incorporation on
The capitalization of $3.75O,OO0.
Sixty-four gold, silver and lead
companies, having an outstanding
capitalization of $188,213,73O. have
distributed dividends Of $127,649,-
507. of which $13.921,SSS has been
declared this year. The Bunker Hill
Z Sullivan Mining and Concentrat-
ng Co. of Idaho, capitalized at 49,
100000, pays monthly dividends of
so cents per share; this year 1t de-
clared $1,728,0OO. making the total
since organization $10,494,O0O. The
Tonopah Mining Co. of Nevada holds
second place in the gold-silver mines
list this year, having declared $780,
900, which makes a total of $4,000
900 since incorporation on the cap
ltalization of $1,00O,OOO. There are
a number of small dividend payers,
notably in Colorado and Utah, which
declare monthly or quarterly.
[The World has evidently over
looked the Federal company which \
has paid dividends SO far this year of
s. 100000 from the earnings of its
four Occur d'Alene mines.--Ed.]
Fourteen zinc mines. mostly in |
Wisconsin and Missouri. have de- I
,lared dividends of $1,22S,624 this
year, bringing the total since incor-
poration to $12,16O,139 on an is
sued capitalization of $14,97S,900. |
One quicksilver property in Cali
fornia distributed dividend of $780,
300 this year, making total since
Incorporation of 100000 on a cap
talization of 100000.
At the head of the five metal
urgical plants paying dividends of
b12,015,072 this year and $50,172.-
$50 since incorporation on a capital
cation of $218,81O,5O0, Is the So
,alled smelter trust. The American
Smelling and Refining Co. Is paying
quarterly dividends at the rate of
,er cent ($8 per annum on the $780,
100000 common stock and Z per
,ent $50 on the $4,000. 900 pre-
erred. So far this combination has
declared dividends of $7,25O,000,
making the total since incorporation
|38.581,553 on a capitalization
which has been increased to $780,
100000. The United States Smelt-
ng, Refining and Mining Co., recent
of the American Smelling
md Refining Co., has declared divi-
lends of $1,S44,767 this year. maxi
ng total to date of $2,944.163 on
he issued capitalization of 2,033,-
100. The last quarterly dividend of
he United States Co.. was at the
ate Of 7 per cent on both the COM
non and preferred shares.
OF PRODUCTION. |