The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-08-08
DIVIDEND PAYERS
OF INLAND EMPIRE
Mining Expert Talks of Pro-
duCtion of Mines of the
Occur d'Alene.

Spokane. Aug. Mines in the In
land Empire have paid more than $780,
coo. 900 in dividends since the beginning
Of active operations in this part OF
The Pacific Northwest" said II. ". g
Jackson, a mining expert OF spokane
in discussing the need OF new mines N
the Occur d'Alene district IN northern
Idaho and western Montana.
The Bunker Hill company Is paying
monthly dividends OF S9s,lOUi the lar
gest in its history. As this company
paws 3 dividends a year, the last COM
ing as a Christmas present 10 the share
holders, its disbursements are az the
rate OF Sl.Z75,O a year. The Federal
company is distributing proIlIs az the
rate OF S2lO 900 a quarter. OF Se4V'VVU
a wear This. however, is not nearly as
good as II has done al various times
in the past 49,,
profits from the Hercules mine are
estimated 10 aggregate S5O,eOO year
The Hecla mine nets more than SSUO,-
600 annually. The SnOWstOrm Is paying
regular dividends Of $4,000 month";
or S270 900 a year. The Ca1v0oHla ll'uSl
the latest Occur d'Alene property 10
iofn the ranks of the dividend payers
is distributing $4,000 quarterly. me
Sunrise mine, In the hepuDuc camp
IS responsible for a dual dlVioShu
one of $4,000 monthly 70 the shat
holders Of the Republic Mines corpo-
ration. which is operating IL under
lease and bond, and another or 9zo'uVO
q month by the Pearl ConsoIloa1Ss1 CON
many the owners OF the property.
Other Big Payers.
..rhe CRANKY company. under cOndi-
tiOns similar TO the present last y9sL
Daid a dividend of S2lO,OOO- The lie
Rof No. 2. at ROssland, b. c. IS pay ms
somewhere between Sl2O'O04 Anu l- e Ier,
coo a year. The Hadley Mining com
panV, owning the Nickel Plate NINE Is
paying $4,000 a month. -
ssO16ar companies which already are
paying dividends or soon VIII EeS Sli-
arc. The Canadian Consolidated MIN
inE & Smelling company. operating lhe
War llagle mine at Rossland, g. - tue
Trail shelter. the St Eugene mine al
Movie b. c. and various other enter
prises. the Lucky Jim company. owning
the famous zinc mine OF that name near
KaslO, b. c. the Cumberland LllhS a.
Maiden, b. 9, owned ana opei Aleu ~
LANES Breen, the Rambler-Carlboo, $40
can star, standard and numerous oIneF
mines in the SLOGAN district the Nus-
get and other properties IN the Sheep
creek district: the First Thought mine,
al Orient. Wash, and two or three
properties in the Elk city dlstrlet IN
every mining man who is interested
and posted on the situation IN the Coeut
d'Alene ascribes the depression In that
district 10 the fact that no new mine
of the first rank has been developed OF
late while the production and proIlJs
of at least one Of the more lmpoIlailt
,.I,rteUed ~ late. Il is certain. how
ever. that they regard the Marsh
BlaclSbear, Star and possibly the Al
hambra, Imperial and Jack waite as
among the more likely propositions
Better ia Future.
The reluctance Of investors 10 in
tarest themselves in mining properties
al present certainly is not due 10 the
dividend performance Of the mines OF
the Inland Empire. Despite exceed
inglv low prices for copper and silver
and a price considerably below the
average OF recent years for lead, the
amount of money now being paid out
as dividends by Inland Empire mines
a. y,robabIv i'm excess OF what IL ever
was al any earlier period. A general
realization Of the significance Of this
face and the possibilities Of the mining
industry in this district must sooner
ar Later turn the attention of investors
from land speculation TO legitimate
mining enterprises.