Los Angeles herald., 1910-11-14
TEN MONTHS DIVIDENDS
SHOW POWER OF MINING
Despite Depression in Some Sec
tions Mines Return Handsome
Profits to Their Owners

CHICAGO, ILL.,, Nov. 13-Probably
no period of equal length in the ms
tory of American mines and metal
lurgical works has been so prollnc
CT dividend disbursements as has the
ten months of 1910 According to the
reports made to the Mining World by
12S of these companies, declarations for
the period in quotation totaled S64,-
304, ,99S This Is a remarkable ach1eVe-
nlent when 1t is taken into consldera-
ton that the metal prices during a
greater portion of this period were
anything but satisfactory, and the year
in general has been looked upon as
period of depression. 1t is further
learned that these 12S mines and WORKS
have, since their incorporation, Yield
ed dividends totaling $500 ,246, ,764, a
ia per cent return on the S6O2,993, l39
combined issued capitalization.
Although the larger part of the above
dividends has gone into the pockets OF
individual shareholders, it will no
doubt be surprising to many to learn
that nine holding corporations, own
ing the majority of the stock issued
by certain mines and works, have in
ten months this year declared dlVl-
dends of S11,S75,019, and since incor-
poration have distributed $114,S44,2 243,
36 per cent return on the combined
S314.172.125 issued capital. The leader
far this year announced dividends of
S3.37o095, Amalgamated being second
with $2,30S,317.
OF the 12S companies paying divi-
dends during the first ten months or
1910. SO operate in the United States
% in Mexico, Is in Canada, and TWO
in Central and South America.
IN PRECIOUS METAL CLASS
OF these 80 United States companies
81 are classed as old-silver-lead pro-
ducers. and they have so far this year
paid dividends to the amount of $16,-
355, ,7O3, on an issued capitalization of
S164561, 315. Since incorporation these
81 companies have distributed grand
tctal of $142, ,546,671, a return of st
uer cent Far in the lead among the
gold producers is Goldfleld Consolidat-
ed, which has had remarkable record
in that it has paid so far this year TO
holders of its stock $7,11S,196. Tonopah.
another Nevada property, is second
with S1,50O.0O0, with Homestake third
with $S72 900, and Bunker Hill & Sulli-
van fourth with $S43,600.
Fifteen Canadian companies, IL op-
Grating in Ontario and four in British
Columbia, have so far this year paid
to shareholders S. 996, ,299, and since in
corporation s21, ,703, ,686, a 43 per cent re-
turn on an issued capitalization of
S49,424 OO5. Nipissing leads as usual,
having made disbursements totaltng
50 100000, with Crown Reserve second
with S1,061. .28S. Yukon Gold is third
with s1,050000. -,
TWenty-one Mexican companies with
an issued capitalization of $29, ,525,
have paid to shareholders since incor-
poration, $40, 0,709, $50. During the ten
months lust ended these companies
have distributed $4,03S,2So Dos Estrel-
las leads with $500, 900 EsperanZa Is sec
ond with $594,000, and FL ORC third with
$413.000.
Of the 12s mines and works paying
dividends in 1910, % are copper prop
critics, operated in the United States.
These % mines have so far in 1910
Welded profits in the shape of dividends
to the extent of $21 ,267, 76S. Since In
corporation these mines have dtstribut-
ed among shareholders the enormous
total of $3.50, 1892, a return equivalent
to 291 per cent on an Issued capltahza-
1ion of $129691,614.
The largest copper dividend payer
this wear is Utah Copper, with $3,476,-
726. equivalent TO 1925 per share. Ana
conda is second with S2,400.OOO ana
United Verde third with $2,25O,O00
Seven metallurglcal companies have
been enabled, despite conditions that
are not recognized as normal, to pay
stockholders so far this year, $14,3O5,-
772 Since incorporation these compa-
nies have paid in dividends $107 856 ll5.
In the lead, as in the past, the Ameri-
can Smelling and Refining company
mas distributed this year $5,500,0O0 and
since incorporation $55, 5,713,053, return
of 70 per cent on its preferred stock,
and So per cent on the common.