Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1911-12-13
MINES PAY BIG DIVIDENDS

/ Despite the fact that number Of
, leading companies which, according TO
past performances, We're expected 10
make November disbursement.
passed the event, dividend declarations
by American mines and works during
/ the month increased TO a considerable
| extent the years total. According 10
q careful compilation made by Mining
! and Engineering World. the IL months
| of the year have been profitable -
| holders of stock of sanely- operated
mining properties 10 the extent OF $50
! 0t2,767. Participating in these dis
! bursements were l49 companies, IL
| operating in the United States, 10 in
Mexico. l. in Canada and one in Cen
! trail America
The prOfitableneSS of legitimate min
| ing could be no better eXemplified than
! by the total disbursements OF these
l49 companies, which. including the
| November declarations. reach thu
enormous total of s166.ls9.3S2 This
based on the total capital of the 14g
companies. is equivalent 10 a return of
l07 per cent. or approximately $55 ,000.-
! 000 in excess of the outstanding CAPT
tai
Not included in the above disburse-
! ments are those made by eight securi-
ties holding corporations whose profits
are derived from holdings in other
companies. The declarations made by
these companies during the IL months
OF 1911 total S12. SiS, 800. and since in
corporation sl30.6Ol. $50. a 40 per cent
return on their issued share capital of
s3I9. 399. 500
At the head of the list for the II
months of 1911 stand the companies
classed as gold silver lead zinc pro-
ducers. for lis of these divided among
their shareholders SS5.093.l56, making
their grand total since incorporation
s243.5lS.074 an SIS per cent return on
the outstanding S4,0l4.G7S share cap
ital
Of the rs companies mentioned
above. 80 operate properties il the
United States. and they contributed
u the IL months total $50. eos. 1876. and
to date SlG4. s02. 359.
Sixteen Canadian companies in the
above class have made returns to
stockholders so far this year totaling
$9.6S4.627 and since Incorporation $33.-
O49.499.
Despite the unsettled condition of
the important mining regions of Mex
/ leo during the greater portion Of The
! year. 10 companies in that republic
Cwere able To make dividend diSbursc
ments totaling $4,454.133. Since in
corporation. however. these companies
have total disbursements TO their cred
il OF s42,606.2l6. n l02 per cent return
on their total issued capital Of SAL
53I.12S
Although ranking second FOR the
year in point of dividends paid. with
S27,956,16s to their credit. the copper
companies are far i'm the lead in total
disbursements since Incorporation, 26
having divided among shareholders the
enormous total of S399S90.594 This is
equivalent TO a return of 1S2 per cent.
or $1S0.669.499 in excess of issued
capitalization. All but one Of these
properties are located in the United
States
Six nnetallurgic2l companies paid out
in dividends this year sll,695.517 and
since incorporation $119.530.7l5. a 81
per cent return on the capital out
standing.
Two quicksilver companies report
paying dividends this year amounting
TO 100000. with $3.25O.0OO to their
credit since Incorporation. go per
cent return on their small issued CAPT
tai of ,200.009.-Mining World.