Bisbee daily review., 1911-03-08
OF MINES AND
 WORKS
(Nlining world.)


 Certainly there is cause for feel
 ing of optimism among American mine owners and operators, when ac- cording 10 reports made to The Mining World it is shown that. all though the year 1911 is bu: two months old, it aas been possible. de ] spite continued >-snerai low-pice con i ditions and production curtailment. ! for @ mines and works to distribute among shareholders S14.02O.S75. In addition to these satisfactory divi- dend returns are the disbursements 1 of five securities holding corporations, which, for the two months of the 1 year. have divided among widely | scattered shareholders $2,e94.027. ! Comparing these disbursements with those of the same reriod in 1910. | there is shown an increase of 13 in 1 the number of companies contributing and of sS.T62,2S4 in the amour. Of dividends paid .. 1 It is also pleasing tO note that the | e companies participating in the 1911 disbursements have been able ir | the years of their operation to d ' vide among fortunate shareholders the enormous total of $39419S195. f On the combined issued capitalization Of these G2 companies $43l. .a2O, ,903 ! this makes return equivalent. 10 | S1 per cent.
 Of the 62 mines paying dividends ! this year. 45 are classed as gold silyer-lead-zinc producers and their disbursements totaled s6.S66,O30, as against the S4.S37iS1 paid by i3 companies during ;he same period in19l0. Since incorporation the r. companies mentioned have divided among holders of their stock a total of S125, 2.597. g per cent return on the S95 5,s3S.3S1 issued capital. O. the sS.5SS,722 paidout in dividends in the United States by these g com panies so far this year. Nevada con tributed sz,524.594. as follows: Gold ! field Con S1.779.549; -Tonopah. S400.- | co; TonoDah-Belmant S225,0O0; Ma i tional S12O,O00.
 Nine Canadian companies, all op- erating properties in the Cobalt sec ] tion of Ontario, contributed to the ! two-months' total :o the entent of ] s1 .9O2 ,2G5, with total for these ! companies to date of s1S,2S4,3 ,37l. making a return equivalent to 77 ! per cent on the issued s23.374,005 . capitalization Nipissing continues as leader having distributed s450.- 6oO among its shareholders.
 i Eleven Mexican companies report having paid dividends so far this year totaling S1.3I5.IO3 and since incorporation S2O,SlS..2S6. a 123 per cent return on the S1e.52S.O7s issued ! capital.
 Included in the 62 mines payins dividends in 1911 are 12 copper prop ! rites. all il. the United States. and
 which contributed s5.0i5.S .S63 In the I same period in 1910 only nine re- ! ported as having paid dividends and the total amount was $2,S24, ,490. The l3 companies mentioned as.Ye have Laid dividends since incorporation :o- taling $196.44S.222. a 139 per cent
 return on the S143, 221, ,560 issued
 capital. Nearly one-half of the amount paid out during the two months period came rom the newly reorganized Anaconda Co. S2.lI0,00J : The Arizona Copper Co contributed $462 2S5 for the year ani iO da.e
 has distributed auon, its sh1reholG CTS mostly in ScCtlan0- s14 .S5g,606 United Verde kept up it's resula. monthly distribution of S225,0 ,00e
 making si5O,0OG distributed for the
 year and S27. .397 .O0c 10 da.e Boston
 & Montana contributed to the total
 for the two months S400, ,O00
 Three metalIurgicaI wOrxs, having
 an outstanding capital of SI5O.7S3. s50. paid during the first .wo months of the year S2.109.4s2. making their total dividend disbursements $7t- 3s2.576, which is a splendid record considering that these corporations have been in existence only abo1t l2 years The American Smeltina I & Refining Co. naturally heads the
 S1 .375. .Oo0-$s75.Oe to holders or
 list, having paid SO far .his year common.
 ] At the head Of the securities hold ing corporations stands Amalgsmated
 whose dividend disbursements this year totals s76s.439 Copper Range Is second with s576.277 to it's credit. while Mines Co. of America ranks third with $45O.00O
 Judging by the reports already made to The Mining World the month of March will prove an exceptionally
 interesting period to holders Of stock in American mines and works.