Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-09-18
Mining AND BELMONT
RANK AMONG LEADERS IN PAYING
DIv|CFNDS FOR THE YEAR 1912

Mining and Engineering Worlds oft
repeated statement that mining,
when carried on business plane,
will yield profits equal to any indus
try, and will exceed large major
ity
Companies opt rating copper prop
critics, particularly, have at last be-
gun to feel the effects of the i'm
proved copper prices, for q of these
were able to declare dividends to-
falling $24,122,999 This compares
with $21,1O7,2S in 1911 and $15,44O,
012 in 1910 Since incorporation the
q companies mentioned have paid
cut in dividends $357 ,99S.454, re-
turn equivalent to 1853 per cent OF
the outstanding $227,277.0S2 share
capital.
BY reason Of its present large
holdings Anaconda is far in the lead
in point of dividends paid in. 1912
having disbursed no less than S.,
386,250, and to date has 65,658, 75t
to its credit Utah Copper ranks
second for the year. with $3,750,0OO
and to date has paid out $14,451 1858
Calumet & Hecla is third for the
year, with $1,SOO,0OO, but since in
corporation has divided among Its
shareholders no less than $117, $50,
900.
/ In the MISUNDERSTANDING class
1876 companies contributed to thu
4 1912 total to the extent of $24 ,2l9,
97S. and to date have to their credi
{ $267, 1881 102 per cent return
en- the 1851 ST. ,997 issued capital.
OF the above 1856 companies, 6
/ operate properties in the Unite
States. and they paid dividends dur
ing the year totaling $14.213.525. an,
to date $172,973,36O.
Far in the lead for the year i
Goldfield Con. of Nevada, which ha
enriched shareholders to the exten
of $4,626,877 This company ais
leads among the 1912 dividend pay
ers in total disbursements, havin
divided among shareholders durin
the few years Of it's life 1922, ,06(
Tonopah and TonOpah Belmont, tw
other companies operating in NJ
yada, rank second and third, tn
former having paid out $1,20O,OO
and the latter $1,125000.
Seventeen Canadian companies di
bursed dividends during the yea
amounting to $6,3S1,97S. Nipissin
leads for the year with $1,350,0O
and in total disbursements wit
$500, 900. Coniagas ranks secon
fer the year with 100000, and
date has paid out $3.SOO.OOO. Grow
Reserve is third for the year wit
9iUi,ool, dlu W udte 10 cISuite
with $4,323,59S.
Fifteen Mexican companies, hand
capped by the continued turmoil
: the republic, have been able to
clare dividends during the year
falling, $3,594,475 Since incorpor
ton these Is companies have divi
\ ed among shareholders $52.901,94
Santa Gertrudis leads for the We
d with $997,632, with Dos Estrell
second with $75O,OOO, and to dat
!. $11, $1,000. Mexico Mines of Ell 0
: ranks third with $36O,OOO
Six metallurgical companies she
d slight increase in disbursement
as compared with 1911. During L
present year these companies pa
out $S,923,904 in dividends, as CO.
pared with $S,537,43O in 1911. Sin
Incorporation these companies ha
enriched shareholders to the exte
of $131,14C,2n1
The commissioning corporation
nine in number, divided among shal
: holders this year $12,965, 904, as CO
>. pared with $9,S96,556 paid by Gig
{ companies in 1911. To date the
! nine companies have paid out
! dividends $146,227, 1899, a II per ce
return on the outstanding $205.20