The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-11-10
TEN MONTHS OF
1910 PROSPEROUS
MINING AND METAL COMPANIES
HAVE PAID OUT MANY DlVl-
pENDs TO STOCK
HOLDERS.
Probably no period of equal length


Probably no period of equal lengtl
i'm the history of American mines an'
metallurgicai works has been so pro
life of dividend disbursements as ma
the ten months 1910. According To re
ports made 10 The Mining World b,
12S OF these companies, declarations
for the period in question totaled S64.-
304SSS. This is a remarkable achieve.
ment when IT is taken into considera-
ton that the metal prices during IN,
greater portion OF this period were
anything but satisfactory, and the
year in general has been looked upon
as a period of depression. II is further
learned that these FPS mines and works
have, since their Incorporation, yielded
dividends totaling $69O,246, 764, a ia
per cent return on the $500, 1898, 73s
combined issued capitalization.
Although much the larger part OF
the above dividends has gone into the
pockets OF individual shareholders, il
will no doubt be surprising TO many
To learn that nine holding corpora
tions. owning the majority of the
stock issued by certain mines and
works have in 10 months this year de-
clared dividends of S11,S75,019, and
since incorporation have distributed
S114,3i4,243. a SO per cent return on the
combined $314172.125 issued capital
The leader Of these. Phelps, Dodge &
Co, has so far this year announced
dividends of S3.37O.O95. Amalgamatcd
beng second with $2.3OS.317.
OF the 12S companies paying divi-
dends during the first 10 months Of
1910, 50 operate I'm the United States.
- in Mexico, Is in Canada, and two in
Central and South America.
or the So United states companies
81 are classed as -silver-lcad pro-
ducers, and they have SO far this year
paid dividends TO the amount Of S16,-
500, IO3, on an issued capitalization Of
$164 561,3l5. Since Incorporation these
81 companies have distributed a grand
total of $142.546.671. a return of Sc per
cent. Far in the lead among the gold
producers is Goldfeld Con. which has
had "A remarkable record in that it has
paid so far this year 10 holders of it's |
stock. Sz11SI9G. Tonopah. another |
Nevada property, is second with ST.
100000. with Homestake third with /
$S72,OOO, and Bunker Hin & Sullivan
fourth with $S43,6OO.
Fifteen Canadian companies. II oper-
ating in Ontario and four in British !
Columbia, have SO FAR this year paid 10 |
$6,99G,299, and since in
$21,7O3.6S6. fS-per cent
return on an issued capitalization Of
$40 42f.005 Nipissing leads. as usual. /
having made disbursements totaling I
S21O0,OOO, with Crown Reserve second 4
with $1.OG1,2SS. Yukon Gold is third
with Sl.O5O, 900.
Twenty Mexican companies with
an issued capitalization Of $29,103.525,
have paid 10 shareholders since incor- H
S4O.7O9.6 CSC. During the ten
months just ended these companies
have distributed siO3S.2SO. Dos Estrel-
as leads with 100000 Esperanto is
second with $4,000. and Fl orc third
With $4,000.
or the 12S mines and works paying
dividends i'm 1910 % are copper prop
rites, operated In the United states.
These % mines have so far in 1910
yielded profits in the shape Of diT-
lends 90 the extent of S21.2G7 76S II
Since incorporation these mines have
distributed among shareholders the
enormous total Of S36o113192. re-
urn equivalent 10 POI per cent on an /
Fsued capitalization Of S123GS1,61A
The largest copper dividend payer ,
his year is Utah Copper, with S3.476.-
.26, equivalent to 1926 per share. Ana
.onda is second with S24O0.OOO and
1nitcd Verde third with S2250OOO
Seven metallurgical companies have
'een enabled. despite conditions that
re not recognized az normal. 70 pay
uOckholders SO far this year s14.3g5.-
- Since Incorporation these compa
lies have paid IN dividends s1O7.856.-
10. In the lead as In the past the
american Smelling & Refining COM
,any has distributed this year g550O
100 and since Incorporation s5j,713O53.
return of 20 per cent on It's preferred
took, and IS per cent on the common.
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