Bisbee daily review., 1911-05-09
CALIFORNIA FIG SYRUP Co
MlNEs PAY ele DIVIDENDS.

MINES PAY BIG DIVIDENDS.
 To those who have an abiding 'aih in the profitableness or mining when carried OF as any reputable business should be carried on. :f will be a source or extreme sratifi- cation to leaIn that, according to reports made to The Mining N NorlG, the first four months of 1911 have been unusually profitable 0 Eoita's of stock in American mines and me1- tallurgical works
 From these reports ii is learned that l10 mines and works have, dur ing the period mentioned, distrio- uted among shareholders S33.134,745. While there have been similar per- iods in othar years in which great CT total disbursements were made. none, however, has been so handi- capped by reason Of unsettled and unsatisfactory metal market con ditions as has been the past four months
 While the above does not inelude disbursements made by al AmeIi- can mines and works, including pli- vate anl closer corporations and in- uividuals. it is representative Of the profit sharing going pn Gs re suit Of present day mining.
 While largely dependent upon the profits of some Of the above com panies for their dividends. the dec larations of the seven securities holding corporations can be ad led to the total for tie four mOntis- S5,o49, ,720-makinE a grand total ci S3S, ,ISf. i65
 As an indication or the continu sd earning power or these miues aad works. reports to The Mining World show that the 1l0 companies men toned above have. since their iHCor- poration, yielded profits in he shaUe of dividends Go the extent ol S6Sr,- gli.429. which added to the to-al of the seven securities-hOldiuE coTuoI- ations brlucs the total of the dis 5ursements of the companies con tributing 70 the 1911 total ,n Sall oGe.951.
 On the S654.925,T79 issued -@f.,al of the mines and works iAc SGSU, 91I. .42g disbursed by them is euT:y. alent to a return of t03 ror cent. The Sl20, ,l5S.522 paid by the seem j. tiss-holding corporations is ,.E.tt- lent to a return of 3S Der cent on their issued capital of S31O, O,51J..25.
 Tn classifying the various uigi- dend payers Of 1911 it is found that the properties classed as golisilyer- lead-zinc producers, numbering SU. are in the lead with S14.924.36 Since incorporation, however. they rank poor second to the eoppers, having to their credit sf90.265. .Sf6, while the 23 coppers have dis burssd since incorDoration $376.4i4,- 731, being equivalent to a return of ITS per cent on the issued capital. as compared with S7 per cent of the former.
 In the United states @ copper companies disDuTsed in 1911 to the end of April s12,930,26S. as against SS.4S2,5S by 4S of the gold-silver- lead-zinc class Among the latter Goldneld Con holds the lead with ] S3.559. .09S. while Tonouah. another ] Nevada property. is secolld with SS00.0G0. Of the coppeu Fcopertiss Anaconda, by reason of it's recent ] merger, easily leads for 1be year with s4.220.0OG
 Sixteen Canadian P9operties have contribrHed to the years total to the extent Of sE.221, ,729. NiDissing leading with s900.O0 and McKinlev Darragh-Savage second with S674. 0S0.
 In Mexico desr4te the internal troubles which have interfered with inning operations. I5 companies have so far this year distributed S2. 156. .549. Sorpresa leading with S652, 800
 Six metalluTgical comDsnies. or era.ing plants in the United States and Mexico. are credited with divi dend declarations during the past four months totaIing S5.145, ,564, American Shelter leads with S2. | 750.000. with U. s. SmeIting & Re fining second with S1.201 ,5S6.
 Of the seven securities-hcldine corporations, Phelps-Dodge leads with s1.12s.365