The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-04-04
MINING DIVIDENDS
PAID IN MARCH
Also Total Mining Dividends
Paid in the Past Three
Months.
IN THE MARCH DIVIDENDS
UTAH SHOWS UP WELL
Comprehensive Statement, Gov
ers This Country, Mexico
and Canada.

| For eiGhty-two American mines and
metallurgcal works to pay dividends ag-
| grcgating SIC, 267.3a1 for the first quar-
| ter of 1910 is a continued indication that
mining will stand comparison with any
as an Investment, \ careful compilation
| made by the Mining World reveals the
fact that these eighty-two companies
have distributed among stockholders since
their incorporation dividends amounting
to the remarkable sum of S5SS,5 sol.
| This Is a return on the S529,576s3 1913 capital
issued OF III per cent.
These huge profits have accrued not
only to individual shareholders. but nave
also contributed generously TO the IN
como OF such securities holding corpora
ions as AmaSamated Copper, Phelps
Dodge, American Securities, and others,
which are heavily interested in operat-
Ing mining companies. Nine OF these cor
poratlons with an outstanding share cap
ital OF $50. $50, 900 declared dividends dur
ing the first quarter OF 1910 amounting to
| 81, SO. .5S5. making their total since In
corporation Sill. .7S0, ,269: return OF ap-
proXimately 81 per cent.
To the totals above can be added large
profits divided by numerous private ano
close corporations, today nothing OF the
vast sums that have been earned by
smaller mine owners and prospectors.
Stll another source of proht. though
not so great as formerly is that OF sell
ing metals on commission. Only one
company-the Unlted-has reported as
| amount being $3.50, 600, making Its total
since incorporation, $40. $50, 600.
The gold silver-lead properties, hty-
FIVE in number are in the lead with
SC 552. S5l for the quarter and Slo3,SiO,U3"
since Incorporation. This is equivalent
20 return OF 70 per cent on the out
standing $19i.41S.i34 share capital.
or these hfty-ive properties thirty
three are located IN the United States
and they paid I'm dividends during the
first quarter OF the present year So l52, 6l6,
| t1.fy tot al IiEl nj
incorporation Sill, ,2l9,0l9. an SO per cent
return on the issued share capital OF
Sl32. .2S7. 69i. In the lead for the quarter is
GoldGeld Con. Of Nevada with $l,I79 90 TO
its credit and So, $50. l65 since incorporation
lTonopah. another Nevada property. is sec
oud for the year with $3.50 900 and $4,000
600 since Incorporation. Camp Bird OF
Colorado is third for the year with $780,
500 and S5,95l.560 TO date.
Eleven Canadian properties IN the
above class all but three in Ontario
of sl.ST0,6iO. Since incorporation, but
few years ago, these properties have
yielded profit sin the shape OF dividends
TO the amount OF Sli. 3S6. Nipisslng
and $3S50. 900 to date. Kerr Lake ranks
second for the quarter with 100000 and
81. .S30,000 to date.
Ten Mexican companies paid dividends
during the first quarter of the year
amounting TO s5l4,593 and S1,9l5,22S since
incorporation Esperanza leads for the
year with $l0s.00O and so. 2l6, $50 since In
corporation. Lucky Tiger is second for
the year with Sl07 $50.
Eighteen Of the cighty-onc companies
! paying dividends in 1910 operate copper
these paid $6.16l, 452. Since Incorporation
! these properties have yielded profits per-
mtting the payment of dividends totaling
| 1926. .G96.520, return equivalent to 30S per
| cent on the outstanding Sl06 665, 9S9 share
| capital Calumet e IIecla leads for the
| year and in total dividends paid, having
| distributed during the past quarter $780,
| 600 and since Incorporation total of
| $1l 1. $50. 000, which is equivalent 10 4i54
per cent on the outstanding $4,000, 900
share capital. United Verde ranks second
| for the quarter with S615.000 while Ana
conda and Nevada Con. rank third with
! 5000 900 each.
In connection with the dividends paid
| by these eighteen copper properties IL
| Is OF interest TO note that the three lead
| Ing copper producing states contributed
TO the quarterly dividend payments In
| the following order: Michigan leads with
| q total Of Sl.Sil. 300 and since incorpora-
tion STAG. .229 $50; Arizona Is second for
the year with $l.i47.59o and S60,644, 1913
since Incorporation. Montana ranks third
Tor the quarter with Sl.350. 600 and "a
date is credited with $l11.975 900. Two
! Nevada properties paid $780, 900 for tho
quarter and $4,000 since incorpora- =
| ton. Two Utah properties paid during
the quarter s695.062 and TO GATE S9.605,
Six mctaTurgical companies contrib
utcd to the quarters total the sum OF
| 81, 212. .l3S, making their total since incor-
poration $50 ,560l4S. This, based on the
! Issued $50 share capital, is equiv
alcnt 10 a return OF i3 per cent. Ameri-
can Smelling e Refining company leads
with $l.S75.000 for the year and 1855
053 since incorporation.
The accompanying table gives the divi-
dends paid in March, with the date OF
payment and the amount per share:
DIVIDENDS PAID in MARCH