Mohave County miner., 1910-09-17
One Hundred Million.

of the mining industry. Many there are who look upon mining as a hazar- dous undertaking, and consider it as a mere chance if a mining company is so successful in its operations as to pay a limited amount in dividends. As a matter of fact, in certain circles, min ing is regarded as being scarcely legit- innate, while an individual engaged in mining enterprises is considered al- most in the same light and class as the "green goods" man. Of course, with those who are familiar with the im- portance of mining, with those who know that the industry is the backbone of the financial structure of the civi- lized world, this attitude on the part of the scoffer, the unbeliever, is looked upon with pity; for it is through ignor- ance, alone, that there are thousands who decry mining in all of its branches, and who claim that industrial pur- suits, agriculture, and merchantile en- terprises are the only avenues for safe and profitable investments. And yet the fact remains that the profits from mining, after accounting for all of the failures, exceed those resulting from participation in any industrial, com mercial or manufacturing pursuit.
 Just now the mining and financial press is engaged in the discussion of the fact that the Calumet & Hecla Mining company, of Michigan, has paid its stockholders one hundred mil lion dollars in dividends. The state ment is true, and more than true, for the company has not only paid out this immense sum in "velvet" money, but it has even done better than this. for the records show that the dividend disbursement, to date. amounts to lO7,- S5O,OOOS
 There is no telling how much in dividends mining companies, not now on the active list, have paid in the past; but the total is enormous, and would stagger the skepucal were the data obtainable and presented for his consideration. But, a raking up of past records of mining concerns is now in order to show that mining is the greatest of all industries; that it offers innumerable opportunities for safe and profitable investments, or that the poor, as well as the rich, need not hesitate when considering the possi- bilities of a mining venture, for the list of present-day and active mining propositions show that millions upon millions are yearly being made throughout the mining districts of the United States.
 Mention has already been made of the unparalled record of the Calumet & HeclA, one of the active mining companies of today. This showing is a magnificent one, and proves the pos abilities of the mining industry, for the stock of this company was, at one time, quoted at a nominal figure. But there are other mining enterprises of today which have paid dividends, the grand totals of which run up into the millions, and our table of dividends paid" show that there are now twelve active companies whose total in divi- dend-payments runs up into eight figures, while there are seventy-five others which are in the community of seven.
 Below we give the names of the twelve active companies which have paid over nine million in dividends:
 Amalgamated, Montana. ...S 69, ,229, ,0O0 AnacOnda, Montana ....-. 4l,1OO,OOO Copper Queen, Arizona. 12,3SO, LOO Boston x Montana Con-,
 Montana. 59, l25, ,000 Bunker Hill & Sullivan,
 Idaho hO....................... lO,5l5,000 Calumet & Arizona, Arizona 1O,3OO,OOO Calumet & Hecla, Michigan 1O7, $50. .OOO Homestake, South Dakota. r, ,445, 900 Ontario, Utah..................... l4,962, ,0O0 Quincy. Michigan............... lS,630,000 Silver King, Utah.............. 10,625, 900 United Verde, Arizona....... 26,O95. 900
 These figures surely indicate that fortunes have been made in mining during the past thirty years, and yet no account is taken of the enormous advance made in the shares of most of