El Paso herald. (El Paso, Tex.) 1901-1931, 1912-08-14
MINING NEWS
AMERICAN MINES
YIELD Bis PROFIT
Ninety-three Companies
Have Paid Over % Mil
lions This Year.

During the first seven months of the
present year 124 American mines and
metallurgical works. according TO fig
ures compiled by Mining and Engineer
ing World, participated in dividend dis
bursements tOtaling S53, 161,6S5, which
with The SlO,S2l,O25 disbursed 9y Sc
curiticS holding corporations, brings
the total for the period to $63, oil.
Since Incorporation the 124 operating
companies and the nine securities mold
ing corporations contributing TO the
above have divided among shareholders
no less than $3.50, 1850, the former
being credited with S15l,IO0,OOO and the
latter S144, OS2,52O; a return on the
former of 10 percent and the latter
30 percent
Of the I24 operating companies men
toned above "a operate copper proper
ties, all but two in the United States.
These, during the seven months of 1917,
paid to holders of their stock $223lS,-
SIS, and since Incorporation S355,S94,-
20 a return Of 159 percent on the
S224635,U47 outstanding capital stock.
Anaconda leads for the year with
S6,3S6,25O to its credit and S65,65S, loU
to date. Utah copper ranks second Tor
the year with $5,l5O,OOO ana TO uats
has paid out S14,451,26 Calumet and
Hecla is third for the year with SLSOO,-
600, but since incorporation has en-
riched shareholders to the extent OF
S117, $4,000.
to the present years total operate
properties whose profits are taken from
mines which are classified as GOLDFISH
ver-lead-Zinc producers. These SO com
plete have to their credit this year IN
dividends paid $22. JOS, 655, and since in
corporation S263, 4O4,3O a 1O5 percent
return on Tncir cO-21Dlaed issued caPttd4
of $251, 5S7, 90I.
Skty-One in United states
Sixty-One of these properties are 10
Gated in the United states and their
dividend disbursements for the year
total S13,452, SIS, and since incOrpora-
ton S17O,132,5 $50. This is a return on
the outstanding capital of $16S,691, 4Ol
of 100 percent. Far in the lead IN polnI
of dividends paid in 1917 IS GoldIleIu
Con. with S4,626,Sl1 to its credit 1t
also leads all other companies oper-
ating properties of this class paying
dividends in 1912 in total dividends PAID
of S22, 49, 06O. TonOpah and Tonapah-
Belmont two other Nevada properties,
are second and third, respectively, 1or
the year. the former having palu OUT
S1,2OO,OOO during the present year and
S9,25O,00O to date, while the latter nag
paid SL125, 900 during the year ana
SS.21S,00O since incorporation.
Fourteen Mexican companies In the
above class have been able to disburse
dividends this year despite the con-
tinued war throughout the republic
These II divided among their snare
holders this year S2,644,143, and since
incorporation SOL, $50. a 206 per-
cent return on the capital outstanding
Dos Estrellas leads for the year with
paid out s11, sos, 900. Mexico mines OF
FL Ora rank second for the year with
s350,000 and since incorporation IS
credited with s2,79O,SI7- Penoles is
third for the year with SSOO,OoO anu
S5.761,6SS since incorporation.
The six metallurgical companies con-
tributing to the years total nad
slightly better seven month period
than a year ago, their disbursements
during the present year totaIlng SS,5SU,-
us. as against SS,4OS,1 al a year ago.
American Smelling and Refining con
tinues in the lead with $S,666,666 for
the year-S1 ,333,3 33 going to holders
of common stock and $2,S55,553 to hold
ers Of preferred. Since Incorporation
holders of common stock have been en-
riched to the extent of S22,33,333, while
holders of preferred received Bio
$50. L. S. Smelling ranks second Tor the
wear with $3.50. S79-S526, 515 on COM
mon stock and S1.275,S64 on preferred.
International Nickel ranks third for the
year with 1,326,090-common, S1,OoS,-
IL for the year and S5,031l1y since IN
corporation; preferred, $267,3IS for the
wear and Safes since incorporation
Phelps, Dodge q Co. Lead.
Of the securities holding corpora
for the year with s3.I47,057 and since
incorporation have divided among Its
stockholders S19,S4S.5S4- Amalgamated
Copper is second for the year Win
50. SOS, 314. but easily leads in total dis
bursements with SOS, 965,39S to its cred
it American Shelters securities ranks
third for the year with S1,41O,OOO and
las disbursed S17O2O.000 since incOr-
pOration-
a dividend in 1912-the NV Idria of
CaIifornia-having divided among its
shareholders $4,000. Since incOrpOTa-
ton this company has paid out S1.6OO,-
0OO a 500 percent return on It's S5OOs-
600 share capital
The accompanying table gives the
dividends paid during July, the date
of payment and the amount per snare:
Dividends Paid in July.