The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1909-09-04
HUGE PROFITS CONE
FROM THE MINES

Ninety-four American mines and
metallurgical works paid dividends
amounting to the large total 70 $685.
485,138 in the first seven months
of 1909. These "a concerns, accord
ing to figures available have de-
clared in dividends to August /, 1909,
a total of 1851, 1913, 1929 on an issued
capitalization of $496, ,643, ,493, show
ing return equivalent TO 113 per
cent
These huge profits have accrued
not only to individual shareholders.
but have contributed generously to
the income of such, securities hold
ing corporations as the Amalgamated
Copper company, the American Sc
curities company. the Copper Range
Consolidated company, and others
which are heavily interested in oper-
ating mining companies Eight of
these securities holding corporations
with an outstanding capitalization OF
1907, TAO 800, have declared dividends
SO far this year amounting to $780,
291, making total since incorpor-
tion Of $93,778 ,607. The Amalgamated
owning controlling interest in the
Boston & Montana, Anaconda and
other mines whose dividends are in
cluded in the total for operating
companies given above, has declared
S2,308,318 this year, and since 1899,
has distributed $59,543,457 on it's is
sued capitalization of $153, 300, a
return equivalent to 80 per cent. The
American Shelters Securities. a
branch of the smelter trust family
tree. divided $7,O10,0OO in profits this
year.
Y. s. Selling Company.
Another source Of profit is in the
sale Of metal on commission. The
!. United Metals Selling company
which is affiliated with the Amalga
mated Copper company, and is capi
ftAii2ed at $5. 100000, has declared
dividends during the seven month,
OF the year Of $4,000 600. Since IN
!. corporation this company has dis
tributed profits of $9,75O, 900, equiva
lent to 1876 per cent on its issued
capitalization.
: Where Phoebe Shines.
"A Gold, silver, lead and zinc mines
3 continue to lead, in the dividend-pay
2 ing list, for So of these during the
LIS oONSu AuOnIho VI lJVO, pdlu ulf
: idends of $16,529,713, making tota
: disbursement Of $141 ,002,51S. This wa
D done on a combined issued capitali
zation of 95,084,74S, a return of n
9 per cent. Most of these dividends
q have been paid in small regular
/ mines, Goldfield Consolidated of Ne
d vada leads for the year with $2,119,
{ 482 to its credit, and Tonopah in thu
9 same state, is second with $3.50, 900
t TIomestake, in South Dakota, will
r it's $21, 100000 capitalization, has pait
: so far this year $763,O00 and to dat
e $18,536,950, return Of IS per cent
r Among other leading dividend payer
d this year are Silver King (Utah)
le $750,00O; Camp Bird, Of Colorado
n $598, 900; Colorado of Utah, $560,000
e Bunker Hill & Sullivan of Idaho, $50
r 600; Sioux Consolidated of Utah $35
l. lao.
'e OF these gold-silver-lead compi
MES paying dividends in 1899, IA ar
Mexican concerns, and they disburse
$2,984,95 Since Incorporation thes
r. companies paid $27,560,S45, retur
of 116 per cent on the $23,685,00 il
le sued capitalization. Esperanza lead
D. with 1872, 900. and $10,369, 500 sine
ar Incorporation, return of 459 pc
TO cent on it's $2,250,0 900 capitalization
s. Ell Orc, with $S26,200 to its credi
for the year, has paid to date So
,d 74636O a return of 90 per cent