Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1911-03-25
AMERICAN PROPERTIES DIS
TRIBUTE over $l4,O0O,OOO
In PAST TWO MONTHS.
And This in Spite of Low Prices and
Curtailments-Nu Number of Dividend
Payers Increase-coeur d'Alene Dis
trict Making Great Record-Pro-
duced Nearly s1s,oOo,OoO in 1910.

Certainly there is cause for a feeling
of optimism among American mine
owners and operators, when, according
to recent reports, it is shown that, al
though the year 1911 is but two months
old, it has been possible, despite con-
tinued general low price conditions and
production curtailment, for 62 mines
and works to distribute among share
holders $14,O20,s75, says a Denver
paper In addition to these satisfac
tory dividend returns are the disburse-
ments of five securities-holding corpor
atoms, which, for the two months of
the year, have divided among widely
scattered shareholders $2,294,O27.
Comparing these distributions with
those of the same period in 1910, there
is shown an increase of 10 in the num-
Der of companies contributing and of
$3,762,2 34 in the amount of dividends
paid
1t is also pleasing to state that the
62 companies participating in the 1911
disbursements have been able in the
years of their operations to divide
among fortunate stockholders the enor-
nous total of 4,19s, 1875. On the
combined issued capitalization of these
60 ompanies-$431 ,22O, 9O9-this makes
a return equivalent to 81 per cent.
OF the 60 mines paying dividends
this year, As are classed as gold-silver-
lead-zinc producers, and their disburse
ments totaled $6,s76,O3O, as against
$4,S37 ,131 paid by 43 companies dur
ing the same period in 1910 Since in
corporation the As companies mentioned
have divided among holders of theii
stock total of $125,O52, 597, a 80 pei
cent return on their $135,735,459 out
standing capitalization.
{ Twenty-Five of these As companies
operate properties in the United States
and they contributed to the two
months total $3,5ss,722, and since in
. corporation $50, 419,94O, a 90 per cen
1 return on the $95, s3s,3s1 issued capital
In Idaho.
4 Mines in Shoshone county, in tn
e Occur d 'Alene district, contributed min
q erals of value of $15,275, O24.15 of
o total ore production of SIT 5,695.9O il
o Idaho in 1910, according to a repor
2 compiled by R. Cushing Moore, stat
S mine inspector, as follows: Gold, 311
/ fine ounces, $64, 3s3.7O; silver, s,262, 27
fine ounces, $3,s15,5 $1,000; lead, 229 $50
s SOC pounds, $1o,34s, 177sO; copper, 5
4 OO3, 649 pounds, $645, 469.42; zinc, 1895
9 coo pounds, 33,513.6O. The productio
in 1909 is estimated at $13,723, JOG. Tn
output of the district since its discover
, in 1855 is placed at $21O,0OO,O0O. Onl
two properties worked to depths O
), more than 1000 feet, have been eS
hausted during the last 25 years.
e The Bunker Hill and Sullivan min
( has been developed to a depth of NOR
e than 5000 feet on the dip of the VEN
The Standard and Mammoth is at abou
the same depth, while the Morning ha
o 200 feet and the Hecla and Hercule
e have fully 1900 feet each, with no az
P parent diminution in the quantity O
grade of ore. Interesting geologics
e conditions have been exposed in tn
e Bunker Hill and the Morning mines. I
the Bunker Hill the vein in descendin
is virtually paralleling the beddin
planes of the sedimentary series, i
q which all the ore bodies of the distric
q occur.
y The Bunker Hill and Sullivan ha
E maintained its remarkable outpu
q throughout the year, having produce
. approximately 100000 pounds of lea
q and 1,245,OOO ounces of silver. A shat
has been sunk and levels opened up
8 depth of 1900 feet below the loves
level, developing the vein more tina
5000 feet on its dip beneath the ape,
An additional unit of 500 tons daily c;
pacity is under construction to give
milling capacity of 1000 tons.
Wolpast Beat Memsic