Bisbee daily review., 1910-10-16
YEAR ID BREAK
 PAST RECORDS
 FOR DIVIDENDS
Contrary to Expectations the Mining and Allied Industries Will Close Last Quarter With New High Mark
(Mining World)

Owing to the unsatisfactory con-
 ,litiou of the copper and other metal
 markets during the earlier part of
 the year it was generally believed
 that 1910 would not be a profitable
 year to the holders of stock in Ameri-
 can mines and metallurgical works.
 With the closing of the third guar
 ter of the year, however, judging
 from the figures available to The Min
 ing World, the year, it is believed,
 will close with a record of dividend
 disbursements greater than that fer
 any year in the history Of the min Ing industry.
 Between Jan. and Oct. 1, i23 mines and metallurgical works report ing to The Mining World have paid dividends totaling s55.sS7, ,047, as compared with s49 s72,275 paid dur ing the same period in 1909 by I05 companies That the dividend pay ments of these mines and works are of regular occurrence, is proved by the fact that since incorporation, they have yielded profits which permitted
 the disbursement among shareholders of the enormous total of s6Ss,sSs,141. This is equivalent to a return of 113 per cent on the total outstanding capital of 5000, 0,447,7S4.
 In addition to the above there was declared during the 9 months of the year by nine securities holding cor poratiins, s1o,992,523 as against s13. lS7, 1895 during the same period in 1909. Since incorporation these nine companies have paid to shareholders s11S, ,461,747, S6 per cent return on the sS41, 1,172, ,325 issued capitalization
 Then too, there are large profits which have been divided by numer oIs private and close corporations, to say nothing if the cast sums earned by smaller mine owners and pco,. pectors.
 Of the 123 companies contributing ,o the years total, s1 are closed ss soldsiiveriead-zinc producers, and s23,130.S65 to the s55,8s7,04 iotal. Of these 54 operate properties In the United States, ani they dis among shareholders s13, 429,- ! S9S. Fourteen Canadian companies To operating in Ontario and four in | British Columbia, contributed S5,S3s,- 1 976. Twenty-one Mexican companies l in the dis -r.bution to the 1 extent of s3.65S,s30.
 Twenty-three copper compantes, all l put one operating in the United Stat | ss, divided among shareholders dIr- l ng the months of 1910, Sl9,4S2 IIs l During the same pecE0I Tn 1855. I6 | distributed $14,S54.022. On | their combined issued share capital of | a return equivalent to 1 2S9 per cent has been made since | which means that S359,- | 232, ,65s has been divided among share holders. Seven metallurgical con- 5anies having an issued capitaIiza- Ion of s225, 5,491 ,950 have paid to share holders s1o5, 5,725,4 ,4O7, a return equi. volent to 45 per cent. So far this | year these seven companies have dis .ributed s12,175.064. as compared with sS.431 044 during the same period in 1909.
 One metal-selling company, the | United, has to its credit this year. T ,0o0,000 and since incorporation III. .-000, 900, a 22o per cent return on he s5,000,G00 capital issued.
 One quicksilver property, the New dria. has been operated during the ,ear to the profit of stockholders to he extent of ss0,000. and since in. corporation s1.2s0.ooo has been dis. ributed. ~