The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1909-09-20
METAL MINES
SHOW PROFITS
Are Gradually Returning to
Normal DiVidend-Paylng
Status.
S41,491,531 THIS YEAR
SUM PAID BY 90 AMERICAN CON-
GERMS IN EIGHT MONTHS.

Through dividend reports made TO
the Mining World it is apparent that
the metal mines are gradually return
ing to their normal pTOft-earnlng
status as a result of the improved de-
mand for their various products. 4
careful compilation by the Mining
World shows that during the eight
months ending with August, DIVIDENDS
amounting to the large total of S4l,-
4g1 531 have been paid by plnety-elghI
American mines and meLallurSlcdl
works. Since their incorporation these
ufnetv-eight properties have yielded
the enormous sum of S5I6,l19,gOl IN
dividends on an issued capitalization
Of S496, I45.1S5, a return equivalent 10
1l6 per cent.
Large as this amount is il does not
include the dividends declared by Sc
curities holding corporations, metal
selling companies and other Organiza-
lions that derive great pecuniary bene-
fit from the mining ana metallursical
industry.
For the past eight months dividends
aggregating SIS. 43g. $50 have been paid
by nine securities holding corporations,
making a total of Se645SU46 since their
formation, an excellent showing on
their issued capitalization of S3lO.34O,-
60O-a return of 81 per cent. Foremost
Amalgamated Copper company, which
controls the famous Anaconda, Boston
& Montana and other mines in Mon
tana and which has mailed to its
shareholders dividends of S3,O1t,5I5 for
the eight months of the year and $50
723120 since Incorporation. d return Of
80 per cent.
PheIps-Dodg in Second Place.
Second place s. given to the recently
organized Phelps-DOdge company,
which has paid this year S2,246, 100 The
General Development company is third,
with s1.712.5O0 and the Guggenhein
Exploration company fourth with ST.
275.O0O for the year Since inCOrpOrd-
ton the latter has paid TO shareholders
s7,S10.277. American Shelters Securi-
ties has paid out this year Sl,26O,O0O
and since Incorporation Sl0,25O 0OO.
Copper Range has TO its credit this
year dividend payments 10 amount OF
S1,151.343 and since Incorporation So
5qS.196.
one metaI-selIing company, the
United. with an issued capitalization
of s. 100000, has paid in dividends this
year 10 the end Of August. S3,OO0,OOO
and since incorporation, 50. $50 900, q 195
per cent return.
The ecIG-siIver-lead properties head
the list. for i'm the eight months of this
year aeventy-fOur Of these companies
paid i'm dividends S1S,1S7. 412 To date
these companies, with an issued share
capital Of S199.S49g42, have paid to
shareholders S147.O6g 100, q return OF 70
per cent. Of the United States mines.
CoIdfeId Consolidated o. Nevada still
LEADS for the year with S-.12t.f 44. TOnO-
pah also of Nevada, ranks second
with $3.50 O00 and q total to date Of
81 60a000. The great Homestake Of
South Dakota has so far this year paid
ont sS75.201 and since Incorporation
SIS c4e-250 return equivalent to So per
cent or its issued capitalization Of S21,-
SO0O01. Camp BIRD Of Colorado is
fourth with S7e5 40 for tI1e yea. and a
total to 5ate Of S-.7s715G.
Utah Concerns Rank High.
Other dividend payers Of note for the
year are the Silver King, Utah, $780,
0CO: Colorado, Utah, $4,000; Alaska
Treadweu Alaska, SI5000G; Bunker
Hill & Sullivan, Idaho, s4S5,00O.
Of the Mexican gold-siIver mines,
Esperanto leads with s972.000 for the
year and S10,369, 200 since incOTpOra-
ton. EI ORC is second with SS26,200.
and S5746.36O to date.
OF the fourteen Canadian companies
paying dividends in 1903 thirteen Of
which operate in the Cobalt section.
Nipissine leads with 100000, with
Crown Reserve second with SS13.657.
La Rose Con. and Temiskaming each
have $500 600 10 their credit. For the
eight months OF 1909 these fourteen
companies paid IL dividends S441S,6u,
and since Incorporation a few years
ago, S12,762. SOC
coppers' Great Showing.
Sixteen copper companies operating
in the United states have paid in divi-
dends during the first eight months of
9O9, So 609, 425. On an issued capital
izatiOn of S79,931, S95, these companies
have paid since Incorporation the enOr-
nous total Of S32604S.33O, a return
equivalent to 407 per cent. OF the six
teen copper companies reporting to the
Mining World, United Verde and Ana
conda lead for the year with S1,S00,OO
each. Since incorporation the United
Verde company has paid in dividends
S23. $4,000. and anaconda S44,700, 600.
Calumet & Hecla, though second for
the year, far oveTshadOWs all others
in total dividends paid, for since in
corporation, on its issued s., 600 cap
itaI il has handed TO IT'S few stock
holders the enormous sum OF Sl0S, $780,
600. a prinCely return or 1858 per cent.
Among the other large copper dividend
PAYERS this year are the Boston &
Montana. S9G00G0. North Butte. $780,