The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-09-11
(The Mining WORLDLY

ne Mining WOS1OsJ
Through dividend reports made to
the Mining World it il apparent that
the metal mines are gradually return
ing to their normal proft-earning status
as a result Of the improved demand for
their various products. A careful com
p~ilation by the Mining World shows
that during the eight months ending
With Augass, dividends amounting to
|gkhe Large total Of al, 401 ,531 have been
.bsid BY 0S American mines and metal
furgical works. Since their incorpora-
ton these % properties have yielded
the enormous sum Of $57~6,119,901 in
dividends on an issued capitalization
OF $496, 745,1 1877, a return equivalent to
l16 per cent.
Large US this amount 10, it does not
include the dividends declared by Sc
c~urities- holding corporations, metal
selling companies and other organiza-
tons that derive great pecuniary ben
eft from the mining and metallurgical
industry.
For the past eight months dividends
a~ggregating $780, 3O have been paid
by nine securities-holding corporations,
making a total Of $96,468,046 since
their formation, an excellent showing
en- their issued capitalization Of $780,
4 ,6Oo-a return Of 81 per cent. Fore
most in this group, as in the past,
stands the Amalgamated Copper com
pany, which controls the famous Ana
conda, Boston & Montana and other
mines in Montana, and which mas
mailed to its shareholders dividends OF
s3,O77,757 for the eight months Of the
year, and $50, 1920 since incorpora-
ton, a return Of 80 per cent. Secon1
place is given to the recently reorgan
lied Phelps-D Dodge company, which has
paid this year $2,246,730. The General
Development company i third, with
$1,712,5OO, and the Guggenheim Ex-
ploration company fourth with $l,S7o,-
600 for the year. Since incorporation
the latter has paid to shareholder
s7Slo,277. American Smelters secur'
tiles has paid out this year $780, 900,
and since Incorporation $lo,2oo,oou
Copper Range payments to the amount
Of $l,15l ,34s, and since incorporation
9,59s, 1876.
One metal selling company, tne
United, with an issued capitalization OF
$5,O0O,O 900, has paid in dividends thi'
year to the end Of August 100000
and since Incorporation, >9,75O,Ooo, !
1875 per cent return.
Gold Mines Lad
The gold-silverlead properties hea'
the list, for in the eight month OF tnii
yea "A of these companies paid u
dividends $1S,1S7,4l3. To date thes'
companies, with an issued share cap
;tal of tl99,S43,942, have paid TO share
holders sl47, 06o, 169, q return Of q
DER cent. OF the United States mines
Gold6eld Consolidated Of Nevada still
leads for the year with ~$2,1ss,644. Ton
opah. also OF Nevada, ranks second
with ts50,Oo0 and q total to date o
100000. The great Homestake o
South Dakota has, 90 far this year
paid ont ts75,2OO, and since incorpora
ton, >~lsy84e,350, = return equivalent .
IS per cont on it, Issued capitalization
Of t21, 100000. Camp Bird Of Colorad'
Is fourth with t7o5, 400 for the yeaz
and 4 total 70 date Of t5,7e7,1 $50. 0the'
dividsnd-pnyers Of note for the yea
are silver King. Utah, e76o,oo0; Colo
rado, Utah. te1oyooo5 Alaaka-Trsadwsll
Alaska, 1leo,poo5 Banker Hill : euli
", Idahe, tlosjooo.