The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-11-07
SILVER KING IS
SECOND ON LIST
Dividend Record for Year Will
Place 1t Near Head of Sill
ver-Lead Mines.
PROFITS in MINING
ARE ENORMOUS
Economical Operation of Pres
ent Day Adds to Returns of
Investment.

According 10 reliable statistics com
piled by the Mining World, Chicago
the great Silver King Coalition Mines
company. with its immense property IL
Park City district, stands second IN Ih'
list of silver-lead dividend payers IN th'
United States for the first ten months
of 1909. In the list of the four gold
silver-lead companies which lead In tb'
3iyidend payments for the year, three
stand ahead of tho Silver King, but
rwo of tbsse-Goldficld Con. and Home
stake-are virtually gold mines. This
leaves Tonopah of Nevada, and Silver
King of Utah, the leaders of the silver
lead properties, tho former having tc
it's credit for the year d dividend DIS
bursemeut of Sl.300,000. while Silver
King Coalition comes second, with $93t, ,
800 TO it's credit. There can be no doubt
of the enormous profits in mining. says
the World, when IL is learned, through
a careful compilation, that 100 Ameri'
can companies, during tho first ten
months of 1909 paid their shareholders
$50, ,S5O,1l0. It is further learned that
these 100, American mines and metal
lurgical works have paid since lpcor'
poratlou the enormous total of S3S9,-
i00.250 n return on 4 combined issued
capitalization of 49,5S4,S25 equivalent
TO J07 per cent,
Although much the larger part OF
these dividends has gone into the
pockets of individual shareholders, II
will he surprising TO learn that nine
holding corporations, owning the ma
iority of the stock issued by certain
mines and works, have in ten months
this year declared dividends of Sl3,.
996.S76, making their grand total to
date S9S.641,416. The leader of these,
fhe Amaleamated. has so far this year
announced dividends Of S3,0GI,i3I, the
last being so cents per share, payable
November %, but not figured in these
totals. Since its organization in April,
1899, this company has declared div,-
deuds totaling S5o,732 ,l20 on a capi-
talization which was gradually in.
creased to 1857 900, making a re-
turn equivalent TO 80 per cent.
OF the l09 comnanles paying dlvl.
dends during the first ten months Of
the present year, IS operate in the
United States, II in Mexico, n IN
Canada and in Central and South
America,
OF the IS United States companies,
II arc cIassed as gold.silverlead pro
ducers and they have so far this year
paid dividends 10 the amount of $l4,,,
57S7I6 on an issued capitalization Of
S154117,25l. Since incorporation these
IS companies have distributed grand
total of S1I3.644,45l. return of ~
ucr cent. In the lead continues Gold
field Con of Nevada, which has 10 its
credit to date $3,907 .9l3. Of which So
20l 2SS was paid during The ten months
Of 1909, Tonopah. also Of Nevada. is
second for the wear, with 81 800 600.
TIomestake is third for the year with
- .not 600 but in point of total divi-
dcuds paid. leads all others, for since
incorporation ii has Welded profits sut'
ficient TO paw stockholders SlS,s65, ,l30,
return equivalent TO Sc per cent Sill
ser King Coalition of Utah is fourth,
with S93T 500 for the year
Fourteen Canadian companies, all but
one in the Cobalt section. have so far
This wear paid 70 shareholders $3.50.
sos, and since incorporation S14.233 1874,
on su issued capitalization of S53 500.
j73, 26 per cent return, an excellent
showing for the few wears the prop
critics have been oporated Nipissing
leads with 81 $4,000 for the year and
- 500. 900 to date. return of 40 per
cont on its 5000 900 issued share CAPT
fal Crown Reserve. second on the list,
has paid this year 81 IS os5; and La
Rose. third, has paid $9S6.526
Fourteen Mexican companies with
an issued Capitalization Of So ,9S7 800.
have paid 10 shareholders, since incor-
poration, S30.56o.731 During the ton
months Just ended. these companies
have distributed 1852 in divi-
depds. FL Oro leads for tue year with
1896 200 and its total disbursements
amount TO S5.7J6,3 500 Espcranza, see
ond. with S73l,250 for the year, has
paid out since Incorporation $l015S,-
$50 on an issued share capital of 81
100000. Naica is third. with $4,000
and TO date is credited with 81 $50 900
OF Of tho l09 mines and metallurgical
works paying dividends i'm 1909, - are
copper properties, operating in the
United States. These II mines have so
far in 1909 yielded profits in the shape
of dividends 10 the amount of 1855
Ola Since incorporation the com
nanies controlling these mines have dis
tributed among shareholders the enor-
nous total Of 1921 394,042 a return
equivalent to los per cent. on an issued
capitalization of $7S $50,
The largest copper dividend payer
this year is Anaconda Of Montana (au
Amalgamated protege), with -, 400 600,
equivalent to 50 per share. and making
a total since June, 1895, of S45 800 900,
a return Of 151 per cent on the issued
share capital of $50 100000 United
Verde Of Arizona, controlled by w. 4.
Clark, has Welded dividends of $3.50
600, or $50 per share. for ten months
this year, and since incorporation IN
September, 1899 has declared $23 .7g7 :.
900. or nearly eight times its cnpitaliza
tion of S3,0000o0 The Calumet &
Hecla, with dividend record of $109,.
100000 since 1871. on "A capitalization
Of $2.500,000, in the last len months
has declared s1-900,000, or SO per
share. North Butte so far this year
has Sl.200,000 to lis credit and since
incorporation $4,000 600
Thus is afforded all sufficient ovi.
dencc that the operation Of mines. with
the present economical system Of opera.
ton, is one Of the best paying invest.
mpufS In he foupd