Arizona republican., 1909-12-29
Dividends From American Mines.

With s55.4ss.42s to their credit for the eleven months. of 1909 ending No- yember 30, 113 American mines ana metallurgical works. according to fig ures available to the Mining World have fittingly demonstrated that, de- spite a decidedly lean year. the opera tion of mines is paying occupation That these returns are not of spo- radio nature is evidenced by the fact that these same mines and works have to their credit since incorpora- tion. the splendid total of s59s s,29e, l4O This, on an issued capitalization Of s56O.2sS.S25. is equivalent to return of 1O7 per cent.
 In addition to these dividends there have been declared, so far in 1909. by ten securities holding corporations. dividends amounting to s15,o1e,3l6 Since incorporation, all during the past ten years, these ten corporations have declared dividends totaling S99,- s64 .s56, a return of g per cent on their combined issued capitalization of s311.340.600.
 In point of dividends paid both for the year and since incorporation, the copper companies are again in the lead, for sixteen of these, all in the United States, have disbursed to stockholders during the eleven months of 1909 the sum of s15,1S6,354. Since incorporation these sixteen corpora tions have turned over to sharehold- CTS s321, ,s95. .S32. showing a return of over four times the outstanding capi- talization of S7S,666,9S9, or equivalent to 419 per cent. Senator Clarks United Verde property has made reg ularIy monthly dividends this year and leads among the coppers with S2,475,OOO Since incorporation this s24.O22 900, a trifle better than 200 per cent Anaconda, second for the year with s2,4OOO 900, has paid since in corporation $45,300,OOO, equivalent to l51 per cent on its s30,00O.0G0 issued share capital Calumet & Hecla is third for the year with s1.900.000. but since incorporation it has repaid it's S2,50O, 900 capital over forty-three times, which is equivalent to 439O per cent. Others for the year in the mill lion class are Boston & Montana and North Butte, both with s1.200,000 and Utah Copper with s1.O97. 900.
 Eighty-seven properties. classed as old-silver-lead-zinc producers, paid during the eleven months of 1909 dividends of s26.104.011, making their grand total since incorporation s170,- S50.5s5, which on a combined issued capitalization of s245,S27,S24. is equiv alent to a return on this large capi- talization of 69 per cent. One reason why these properties have not made better returns is their excessive .capi- talization, for which reason only twenty-eight have so far returned their capitalization as against twelve copper companies out of sixteen, which have more than returned their capitalization.
 Of the above eighty-seven compa- nies paying dividends in 1909, fifty three are operating properties in the United States. and they have paid this year a total of s15,071,123, and. since incorporation, s114.5S3, 121, re- turn equivalent to 73 per cent on their combined issued capitalization of $155,31S,251. Goldfield Consolidated. which has maintained the lead dur ing the year, has paid s3,201.233 This is a remarkable record for a property that has been under operation for so