Bisbee daily review., 1909-05-04
BIG DIVIDENDS
 ARE PAID First Four Months of Year Show Conditions to Be
 Greatly improved Seventy-seven Properties Pay Out S21,479,427 on
 Their Stock

During the first four months of this year ~ American metal mines and works paid dividends of $21. .47e, ,i27. Compared with the corresponding pe- riod last year there is shown a marked increase in point of p,Siits and in tie number of companies par 'iciy,tI@i;.
 According to reports made to The Mining World the 77 properties cited above have declared in dividends since their incorporation the grand total of s613.346.27S. This shows re turn of nearly 112 per cent on the outstanding capital of s4Is.lS5.1$6.
 In addition to the dividends report ed by metal mines and works is the disbursement of securities holding corporations and metal selling inter ests. Five metallurgical works, with an issued capitalization of S210, ,169,- $50. paid to shareholders during the four months of the year s4556-044 and since organization ss7,63S,293 a return equivalent to 42 per cent. The bulk of these dividends has been earned in the last ten years. The Amalgamated Copper Co. alone has mailed holders of it's s153,sS7 800 outstanding capi- talization dividends of S5S, ,11i,011 to date, return equivalent to 31 per cent. American Shelters Securities O., which is affiliated with the Amer ican Smelling and Refining O., has paid dividends of 1S.0S6.494 in four years on it's issued capitalization of s47, 100000. Copper Range Con, which is largely interested in Lake copper mines, has paid dividends of sS,S10,634 in eight years on an issued capitalization of s3s.3TS, ,100.One met al selling company, the United. which markets the products of the Amalgam- ated and others, has paid dividends this year of s250. 900. and since organ ization s7,000.0 on it's s5,000,000 out standing capital.
 Fifty-two gold, silver, lead and zinc properties have paid dividends of s9,- 522, ,SS6 between Jan l and May 1 this year. Since their incorporation these mines have declared a total of s116, ,06i, equivalent to about 72 per cent on the outstanding capital of s165, ,75S,0S6. Of the United States mines. contributing to the above. Gold field Con, of Nevada, takes the lead in point of dividends paid for the year, having on April 30 paid to its shareholders s1,059,741, it's first dec laration since Nov. 25, 1907, when it paid s360,000. The first dividend de- clared by this company was on Oct. 25, 1907, when s360,000 was paid making it's total to date $i,706, ,755, a return equivalent to per cent on its outstanding capital of $35, 5,324,710. | T with s60o,000 for the year and $4.250,- 900 to date, with Silver King Coali- tion of Utah third for the year, with s562 800 to its credit and $1.125,000 to date. Homestake of South Dakota. while only ranking fourth for the year with s436,S00, far overshadows all other gold mining companies in to- tai dividends paid, having to it's cred it since organization s17,SS1 $50, a re- turn of s2 per cent on its outstanding capital of s21.s0O.000.
 located in the Cobalt district, have during the past four months paid in dividends s2.591 ,42S, and since incor- Toration, but few years ago, s9.279,- $50. Nipissing leads with s6O0,000 for the first four months of the year and since incorporation s2,640,000. Crown Reserve ranks second for the year with s545,329 and since incorpor- ation s617s329.
 Eleven Mexican companies report dividends for the four months of the year of s1,931. .524 and S24,440, ,5S9 since incorporation. Esperanza leads for the year with $s10,000 and since incorporation s10,207.5 800. Fl Orc ranks second with s419,124 for the year and s5,333,2 ,260' since incorpora- ton.
 Despite the generally disturbed con dition of the copper metal market and the low price paid for the metal, IS American copper properties have so far this year paid to shareholders s7,302,492, making the enormous total since incorporation of s305. 5.21s,739. on an issued capitalization of s2.400, ,770 The largest dividend payer so far this year is Anaconda of Montana. which has paid $l,200.000. making a total since organization of $42.300, 900, on a capitalization of s30,000, 900. Arizona Copper ranks second with $1,062, 900 for the year and s13,442,657 since or ganiZation.
 Only one quicksilver mine reports dividends for this year-the New Idria in California-which paid $60.000 and since organization s1.130,000 on an issued capitalization of $500,000.
 Five metallurgical works declared
 S4,556,044 in dividends this year, making total of ss7 7.63S.2 .293 since in corporation on an issued capitaliza- ton of $2l0,169.350. The leader, as always. is the American Smelling & Refining Co, which has distributed so far this year s2.052,50 and since in- corporation s47.2l3,00o on an issued capitalization of $100, 900 900. National Lead has paid this year $1.00S,S17 and since incorporation $24.640,703 on it's issued capitalization of $41 .405. 400 United States Smelling, Refining & Mining Co. has paid to it's sharehold- CTS this year sl,0s3.320. and to date S7 1e2 eos on an issued standardization