White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1910-11-13
GOOD PERIOD
FOR DIVIDENDS
DISBURSEMENT OF PROFITS FOR
PAST TEN MONTHS REACH
ENORMOUS TOTAL OF SIXTY
FIVE MILLIONS.

Probably no period of equal length
in the history of American mines
and metallurg1cal works has been so
prolific of dividend disbursements as
has the ten months of 1910. Accord
ing to reports made to the Mining
World by 1913 of these companies, de-
clarations for the period in question
totaled $64, 304,8S8. This is a re-
markable achievement when it is
taken into consideration that the
metal prices during the greater por-
ton of this period were anything but
satisfactory, and the year in general
has peer looked upon as a period OF
depression. Ii is further learned
that these 12S mines and works
have, since their incorporation, YIELD
ed dividends totaling $69~0,146,764,
a ia per cent return IN the $602,-
993,739 combined issued capitaliza-
ton.
Although much the larger part of
the above dividends has gone into the
pockets of individual shareholders, 1t
will no doubt be surprising to many
to learn that nine holding corpora
lions, owning the majority of the
stock issued by certain mines and
works have In 10 months this year
declared dividends OF s11,s75,019,
and since incorporation have dis
tributed $114,344,243 a sc per cent
return on the combined ~s314.172,125
Issued capital. The leader of these,
Phelps, Dodge & Co, has so far this
year announced dividends of $3.370,-
O95, Amalgamated being second with
$2~,30S.317.
OF the 12S companies paying divi-
dends during the first 10 months of
1910, 50 operate in the United States
% in Mexico. 10 in Canada. and 2
in Central and South America.
OF the 80 United States compan-
les 81 are classed as gold-silyer-lead
producers. and they lave so far this
year paid dividends to the amount of
$16.355,703, on an issued capitaliza-
ton OF s164,561,3 15. Since incor-
poration these 81 companies have
distributed a grand total of s142,-
546,671, a return of sc per cent. Far
In the lead among the gold producers
is Goldfield Con. which has had a
remarkable record in hat ii has paid
so far this year TO holders of its stock
$7,11S,196. Tonopah. another Ne
vada property. is second with ST.
500 900. with Homestake third with
sS72,000. and Bunker Hill Il Sulli-
van fourth with s~S43. 600.
Fifteen Canadian companies, IL
operating in Ontario and 4 in British
Columbia. have so far this year paid
to shareholders sc. 996.299. ana
since incorporation $21, 703,6s a
43 per cent return on an issued cap
italization of s49.424.0 05. Nipissing
leads as usual. having made dis
bursements totaling s2,100,000 with
Crown Reserve second with 81 ,061,-
SIS. Yukon Gold is third with ST.
050, 900.
Twenty-one Mexican companies
with an issued capitalization of s29.-
103 1928, have paid to shareholders
since incorporation. $40 ,709 $50.
During the 10 months just ended
these companies have distributed
S4,03S. $50. Dos Estrellas leads
with 5000, 900. Espehanza is second
with $594.0O0 and FL Orc third with
S413.0 900.
OF the 12S mines and works pay
Ing dividends In 1910, % are copper
properties. operated in the United
States. These % mines have so far
in 1910 yielded profits in the shape
of dividends to the extent of s21,-
267,76S. Since Incorporation these
mines have distributed among share
holders the enormous total of $780,
1912, a return equivalent to 291
per cent on an issued capitalization
of 1929 .691,6 Cid.
The largest copper dividend payer
this year is Utah Copper. with 49,
476,726, equivalent to S2.25 per
share. Anaconda is second with p
10000 and United Verde third with
s2~,250.000.
Seven m%etallurgical companies
have been enabled, despite conditions
that are not recognized as normal, to
pay stockholders so far this year
S1~4,305,772. Since Incorporation
these companies have paid in divi-
dends s107 .S5o,115. In the lead AZ
in the past, the American Smelling &
refining company has distributed
this year $5,500.000 and since incor-
poration s55,713,053. a return of 70
per CEN on its preferred stock. and
3S per eent on the common.