The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-12-05
ELEVEN MONTHS
OF DIVIDENDS
Copper Companies Still at the
Head of Buying
List.
KING COALITION OF
UTAH STANDS HIGH
Current Years Disbursements
viii Prove Creditablc
to Industry.


the eleven months of 1909 ending No
vcmber 80, Il3 American mines and
mctalhrgicsl works, according 4" fig
ures available To the Mining World.
have fittiugly demonstrated that,
despite decidedly lean year, the opera
lion of mines is . paying occupation.
That these returns are not of sporadic
nature is evidenced by the fact that
these same mines and works have 10
their credit since Incorporation iho
splendid total OF SJ99 .296. 80, THIS,
on an issued capita lIHatiou OF SJbu, ,,SAS. +.
So5, is equivalent To return ol lu' per
cent.
In addition 10 these dividends there
have been declared, 50 far IN l9u", by
len securities holding corporations. dIvl-
dends amounting TO Sl5.p19.3lb. Slnc"
incorporation. all during the past Ten
wears. these ton corporations have dc
clarcd dividends totalling 500 ,66l,S36, a
return Of 20 per cent on their continued
issued capitalization of S3l ,340.6Uu.
In point of dividends paid both Tor
the wear and since Incorporation. IN"
copper companies are again IN the ic;id
for sixteen of these. all in the United
States. have disburScd TO stockholders
during the eleven months Of 1909 The
sum of SI5,lS6.35l. Since incorporation
these sixteen corporations have turned
over to shareholders SI2l ,99J.3sG, show
lug n return Of over four times the ont
standing capitalization of SIS.666.aS",
or equivalent to SO per cent. Scua!or
Clark 5 United Verde propertE has
made regular monthly dividends tins
wear and leads among the coppers with
$2f75 600 Since Incorporation this
company has paid dividends totalmg
SHl.n22 OOO. or eight times IFS issued
capitalization, Il trifle better than 500
nor cent Anaconda. second for tho year
with :, 400 900, has paid since locor.
rcr cent Of its $30O00,n0o issued share
cgpital. Calumet & IIccla Is third for
ihc wear with : 100000, but since IN
corporation il has repaid It's $500. 600
capital over forty-ihrrc times, which Is
equivalent 10 1890 per cent. Others Tor
tho wear in thc million class arc Bos
ION & Montana and North Butte, hoth
with 81 100000 and Utah Copper with
81 .091 600.
Silver Lead Mines.
Eighty seven properties. classcd as
gold silvcr.lcad-ziuc producers, n1d
during the eleven months Of 1909 divi-
dcn3s at S26.i0i.oll, making their
Grand total since Incorporation, SliO.-
s50.Jsi. which, on = combined issued
capitalization Of S2I'.S2l ,NSl. Is cqulNa-
lrnt ia a return on this large rapitaliza-
llnn pi VI b'T cent 'Hf i'dN'u W ~
hes" properties have moi made better
returns is their excessive capitalization.
for which reason only twcutv-cight
have "a far returned their capitaliza
lion a. against twelve copper companies
ont Of sixteen. which have more tnan
returned their capitalization.
or the above cightv.sevcn companies
rayinr dividends in 1909. 6Gty-threc are
operating properties in the United
states. and thcv have paid this wear
total OF SIj,01l .l23. and since moor
Doration. s. .JS3.l21, return equiVa-
lent 10 13 per cent on their combined
issued capitalization of flJ5.31S.2?l
Gold6eld Consolidated. which has main
tained the lead during the year has
record for q property that has been
under operation for so few years.
Tonopah, another Nevada property. is
second for the wear with $1,000 900. The
great IIomcstakc is third for the year
with 81 .203. 400. and $lS.974.550 since
incorpora tiou. Camp Bird Of Colorado
ranks fourth for the year with S992.200
and $685. $50 10 dale Silver King
Coalition Of Utah is fifth for the year
with S931 500.
Sixteen Mexican companies with an
i-sued capitalization of S32 .iS5 500 have
paid so far this year S4.JS5, 200, and
since incorporat ation $2s. .545 .0S7. I'll ORC
leads for The year with $50 200. and
since incorporation S5,156.:i6U Il return
equivalent 10 100 per cent on its issued
capitalization. F.speranza is second for
the year with S73l ,25O and $40. .l5S.7JO
since incorporation. Il return Of 1Jl per
cent on its issued capitalization.
Canadian Companies.
Fifteen Canadian companies. all but
fwo operating in the Cobalt camp. have
his year paid S6,l20.lSS to sharehold
sre. making their total during tho few
wears of their organization $Il l.i64.017.
Nipissiun maintains the lead with 81
$50 600 10 it's credit for the vcar. with
total for $3.50. 600. Crown Point is
second for the year with 81 ,01S,9s5, and
La Rose third with fos6.j26.
Seven metalIurgical companies have
been source of great profit TO share
holders, for during the wear Sl0,14S,O6l
has hccn disburscd in dividends. On an
issued capitalization Of $229 iqj .0l2,
tbeso companies, since incorporation,
have been able 10 make 10 shareholders
n return of ~ per cent or $g3 325 ,1I3.
The American Smelling and Refining
company has paid dividends this year
on its preferred stock Of 5000 800 and
on its common stock s. Tl,ijo.oo0. The
total preferred dividends amount 10
$50. 10000. while total common is $l6.-
10000, return of G3 per cent on the
former and - l-3 per gent on the
latter, both being capitalized at $50
100000. National Lead pnid $l,23s ,i95
on its preferred stock and 81 ,032 1863 on
It's common. The total preferred
amounts 10 SCI ,lSg,26i and totnl com.
mon S. ,693 ,Ss5.
The ton securities holding corpora
tions paying SlJ,ni9.3lG so far in 1909
have total dividend payments TO their
credit OF 99664.S56. 32 per cent re
turu on the So $40 .66U0 share capital
A,dalgomated leads with S3.s41. .lo1 for
The wear and 500 80 $50 to date. a 80
per cen: return on its $l33.SS7 900 share
capital. Phelps. Dodge ranks second for
the year with S3,310,005 and American
Securities third with 81 100000.
With the declarations already made
and those yet TO he made, the year 1908
will make a very satisfactory showing
when the many deterrent fnctors in thc
metal market are taken into considers
ton.
Ore and Bullion.
Thn ore and bullion report. furnished
bv Mccormick &. Co., Saturday afternoon