Los Angeles herald., 1910-07-08
DIVIDENDS FROM Mines
. REACH ENORMOUS TOTAL
Over Twenty-Seven Millions Are
Realized from American Pro-
ducerS in Five Months

Statistics show that during the first
five months of 1910 LOG American mines
and metallurgical works have paid or
posted $27,71S,25S in dividends, eXclu-
sive of S5623,S5S paid or posted by
securities-holding corporations. These
same 106 companies since their incor-
poration have paid out in dividends a
total of S622,057, 800 exclusive of $685.
093,0S paid by securities holding cor
porations The total payments to date
are equivalent to a return of Ill per
cent on the par of the tota capital.
Nevada, with eight companies in the
list, leads all other states of the Union
for dividend disbursements so far dur
ing 1910, the total being $5,1S6, Ala, but
in total dividends paid by these eight
companies to date the state ranks
fifteenth in the list.
Nevada has its GoldfielG Con. and
its Tonopah. they contributing for the
year $3,55909S and 100000 respective
ly. Montana, by leason of its Ana
conda and Boston and Montana, is
able to rank second for the year with
$2,25O,OOO, these companies contribut-
ing to the amount $1,200,000 and 100000
respectively. But in point of total
dividends paid by Montanas 1910
dividend-payers this state ranks Sec
ond with $11S,S75,0O0 to its credit to
date.
Arizona, with its great copper pro-
ducers, ranks third for the year with
81, ,196292. 1t is also third in point of
total dividends paid, for the six COM
panies contributing to the 1910 total
have since incorporation paid to share
holders $51, ,651, 450.
MICHIGAN'S SIX MINES
Michigan, though only fourth in div
dend payments in 1910 of 81, 141 900,
and participated in by six companies,
stands head and shoulders above all
other states in total dividend pay
ments, for the six companies contrib
uting this year nave to their credit
total of $152,229,O5O. OF this sum,
however, one company, Calumet and
Hecla, is responsible for Sill, 0,O0O,
while Quincy contributed 19,055, 100.
Utah, fifth for the year with $1,S43,-
420, with II companies contributing,
ranks fourth in total dividends paid
with $34,0S4, 709 Colorado, with nine
companies contributing, ranks sixth
for the year with S9S5964, and is ninth
in total dividends paid with S25,654,-
379. Idaho ranks seventh in both div
idends paid in 1910 ($57460O) and in
total to date &17,293 120). Alaska,
ranking eighth for the year with $476,-
$40, is ninth on the list in point of
total dividends paid with S14.6SS, 541.
While only ninth for the year with
1927, 900, South Dakota's Homestake
places that state sixth in rank in total
dividend payments with S19, ,301 $50, all
by the Homestake. Four Missouri
companies give a ranking for that
state of tenth both for the year $780,
S3D and in total paid ($9, 526,645). But
four California companies report div
idend payments in 1910 totaling $780,
600, giving that state a rank of tenth
and the same rank in total payments
(s4, 48S).
OF the s27,71S,25S paid so far in 1910
by 106 companies the gold-silver-lead
properties were the largest contribu-
tors, II of these paying $12, $50
These II companies have distributed
among shareholders since their incor-
poration $173, ,5S3,O43 and 50 per cent re-
turn on the $211, ,944 issued share
capital. Twenty of the LOG contribut-
ing companies are copper producers and
they paid dividends in 1910 totaling
$S.704166. Since incorporation they
have to their credit 1886, 5000 a 294
per cent return on the $113, ,S93, ia share
capital. Seven metallurgiCal Compan-
les contributed to the present years
total $5,940,S12 and since Incorporation
$100, ,754, ,4SS, a A per cent return on the
1927, ,991 $50 share calital.