El Paso herald. (El Paso, Tex.) 1901-1931, 1912-09-11
AMERICAN MINES
INCREASE DIVIDENDS
Higher Metal Prices Enable Properties
TO Make Unusually Large Profits
This Year.

10 Make unusually Large Profits
This Year.
As compared with the same period of
1910 and 1911, American mines and
metalIurgical works show increased
oiEldend disbursements during the first
eight months of the present year
BY reason of higher metal prices 135
american properties have yielded prof
It's IN the shape of dividends so far this
year totaling $57, 356,8S1. This com
pares with S54, S65,316 in 1911 and s43
SOl,333 in 1910. Since INCORPORATION
these 1S5 companies have operated their
properties so successfully that holders
OF their stock have been enriched to
the extent of no less than $75S,32417O.
return OF 1O1 percent on the COM
bined issued capital of $7O3.642.O39.
Th1S IS, indeed. a remarkable accOrn-
plishment, and is in keeping with Min
ing and Engineering Worlds oft re-
peated statement that mining. when
carried on on a business plane, will
Yield profits equal to any industry, and
viii exceed large majority.
Companies operating copper proper
tles, particularly, nave at last begun to
feel the effects of the improved copper
prices for q Of these were able TO de-
clare dividends tOtaling S24,1229S
TnlS compares with S21.107,2S5 in 1911
and S15,440,O12 in 1910 Since incOr-
poratlon the p companies mentioned
have paid out in dividends 1851, 99S, asa
return equivalent to 15S percent on
the outstanding $227,277,OS2 share cap
ital.
BY reason of its present large hold
ings, Anaconda is far in the lead in
point of dividends paid in 1912. having
disbursed no less than $685. $50, and
to date has So. 65S,750 to its credit
Utah copper ranks second for the year,
with $3.50, 600. and to date has paid out
Sl4, 451,26S. Calumet and HecIa is third
Tor the year, with Sl,S00,00O. but since
Incorporation has divided among its
shareholders no less than Sill, $50, 600.
In the Observation-Disclosures class 135
companies contributed to the 1912 to-
~ n h. . n
date have to their credit 1857. 5S5.515, a
lO2 percent return on the 1921, S71, 997
issued capital
American Mines Lead.
OF the above 135 companies, IS oper-
ate properties in the United States, and
they paid dividends during the year
totaling $14.21S,525, and to date $172.-
Far in the lead for the year is Gold
field Con of Nevada. which has en-
riched shareholders to the extent of
S4,626,Sl7. This company also leads
among the 1912 dividend payers in to-
tai disbursements, having among share
holders during the few years of its life
S22,773,O60- TonOpah and TOnapah Bel
in Nevada, rank second and third. the
former having paid out $1,000, GOO and
the latter SLIPS, 600
Seventeen Canadian companies. dis
bursed dividends during the year
amounting to s6.3S1,9 7S. Nipissing leads
for the year with 1880. 600, and in
total disbursements with $3.50. 600.
Coniagas ranks second for the year
with 100000. and to date has paid out
S5,S0O,00O- Crown Reserve is third for
the year with S7O7.531. and to date is
credited with S4,323,59
Mexican Companies Handicapped.
Fifteen Mexican companies handi-
capped by the continued turmoil in the
republic, have been able to declare divi-
dends during the year tOtaling 1854
AIS. Since Incorporation these Is com
panies have divided among shareholders
$50, 901,941. Santa .Gertrudis leads for
the wear with 1897, $50, with Dos Es-
treIlas second with S75o.OOO, and to
date, S11,5O5. 900. Mexico Mines of Ell
Ore ranks third with $780, 000