The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1909-04-07
BIG PROFITS IN
MINING
WHAT \ FEW MONTHS SHOW IN
THE WAY OF ENORMOUS GAINS
FROM A COMPARATIVELY FEW
OF THE LEGITIMATE ONES.

/ the current year. IS a pretty good in
dication that. despite low market
prices of silver. copper. lead and zinc,
mining. as now carried ON on the
American continent. is a profitable
/ industry These o. mines and metal
! lurgical works. according To reports
made to the MiningNWorld. have paid
1 in dividends since their incorpora-
tion the grand total of S510.527, 706.
on an issued capitalization of S40S.
/ 760,OS9. a return equivalent TO 125
per cent.
/ Large as these dividends may seem
/ they do not include the dsbnrse-
ments made by six securities holding
corporations. for these have paid SO
/ far this year 10 shareholders S2,S39.-
+ $50 and since their Incorporation
/ $S1,312,364. return on the issued
capitalization of s249.337.125 or 33
per cent.
! Another source of revenue, though
not so good as i'm the same period of
/ 1908, is the sale of the products of
the mines on commission. One metal
/ selling corporation-the United
which is identified with the Anal
gamated Copper and other large In
terests. by reason of the fact that il
markets their copper, declared a div
idend of $250.000 and since incorpo-
ration has paid TO its shareholders
81. 000. 900, return on the $1,000
600 issued capital of 10 per cent.
or the 60 mines and works paying
dividends in the first quarter of the
! current year. ~ are gold. silver, lead
or zinc properties and they paid to
their shareholders 1851 .539 and
since their organization $l05.22S.-
5S5. return of approximately 80
per cent on their issued capitaliza-
ton of s11S.269.31S.
OF these a. mines - are located
in the United States and have so far
this year paid dividends totaling 3d.
491.715 and 10 date $7S,31T,0S2,
equivalent TO l07 per cent on their
$73.370.521 share capital. While
towering above all other gold prop
/ critics in total dividends paid the
! Homestake of South Dakota ranks
/ second In point of dividends paid in
! 1909, having 10 its credit 1927. 400.
! Since its Incorporation this property
{ has disbursed to shareholders ST.
+ 663. 100. a return of 81 per cent ON
+ its large share capital OF $21 500, 600.
Ranking first in dividends for the
4 quarter is the Silver King Coalition
OF Utah with 1915. 900.
Ten Canadian properties, . operat-
ing In the Cobalt section of Ontario.
have so far this year paid dividends
totaling S1.43S.300 and since organ
ization S6.464.S21. return equiva-
, a. 4. a
issued capitalization of S30,005, 055.
Nipissing of Cobalt continues 10 lead
not only in dividends paid. For the
quarter 100000 was paid out and
since Incorporation in 1906. $3.50
600. a return of 81 per cent on the
issued capital of s6.000.000
Eight Mexisan companies report
ing 10 the Mining Void have paid so
far this year 81 SO .524. and since
organization s2O,446.6S2. a return of
1871 per cent FL Orc leads for the
year with $419.124 aud since organ
ization has paid 10 IT'S stockholders
$5,333,2 60 return of 93 per cent on
its capitalization of S5.737, 500. Es-
peranZa. second for the year with
1885,, 600, has paid to its share
per cent on the issued share capital
holders $40. 052 500, a return of 446
per cent on the issued share capital
of S2.250,000
Sixteen copper companies, 10 i'll
the United States and one in Mexico,
have so far this veal paid dividends
aggregating i. 6, SCI ,539. and since
organization S311,1SS,292, a return
of 415 per cent on the issued share
90 r.tfaI of Qnn The
United States properties paid this
year $4,995,497 and since organiza-
ton $309,233.292. return of APP
proximately III per cent on the s74.-
190,770 share capital of the COM
panies. The Arizona Copper Co.
which leads for the quarter with
1855, 000. has paid since organization
$13. 265. 657, $50 per cent return
on its share capital of $3.6S7 $50.
United Verde, Senator Clark's Ari-
zona property. ranks second among
the copper properties in dividends
paid for the quarter. with 1915, 900
to its credit and since organization
$27. 220, 900. a return of 907 per
cent on the share capital, $1,000
900. Calumet a Hecla, which ranks
fourth for the quarter, has disburs-
ed dividends since its organization in
1871 TO the amount of S10S,350. 600,
equivalent TO a return of practically
1880 per cent. Boston & Montana.
which paid $500, 600 in the first quar-
ter of the year. has returned 10 its
shareholders since organization in
1887 the sum of $50, geo. re-
turn of 1883 per cent
Six metallllrpical con1naufpe maid
dividends during the quarter of So
137,712 and since organization, $S6,-
010, sac. return equivalent to Al
per cent on their issued capitaliza-
ton of $210,169,350. The Ameri-
can Smelling & Refining Co. leads as
usual with $t.375.00O, 1915, 900 hav-