White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1912-08-18
AMERICAN MINES
PAY DIVIDEND S
AMERICAN MINING INTERESTS
FIGURE LARGELY AS DIVI-
DEND PRODUCING ENTER
PRISES, DURING SEVEN MONTH
OF PRESENT YEAR.

During the present I months of
the year 124 American mines and
metallurgieal works, according to
figures compiled by Mining and En-
cheering World, participated in divi-
dend disbursements totaling $53,167-
6S5, which with the $10,S21,025 dis
bursed by securities holding corpora
lions, brings the total for the period
to S63,747,511. Since incorporation
the ia operating companies and the
nine securities corporations con-
trbuting to the above have divided
among shareholders no less than
1896, ,610, the former being
credited with $751,705,0 $50 and the
latter $144,0S2,5 $40; a return on the
former of 10 per cent and the latter
10 per cent.
OF the ia operating companies
mentioned above "a operate copper
properties, all but two In the United
States. These, during the 7 months
of 1912, paid to holders of their
stock $22,378,S15, and since incor-
poration $355,S94,27O, a return Of
159 per cent on the s224,635,047
outstanding capital stock. Anaconda
leads for the year with ~s6,386,250
to its credit and $65,65s,750 to date.
Utah copper ranks second for the
year with s~3,750,000 and to date has
paid out $~14,451,263. Calumet &
Heela is third for the year with ST.
100000, but since incorporation has
enriched shareholders to the extent
of s117.66O,OO0.
Ninety-three companies eontribut-
ing to the present years total operate
properties whose profits are taken
from mines which are classified as
gold-silyer-lead-zinc producers. These
90 companies have to the credit this
year in dividends paid s22,108.655.
and since Incorporation $263,404,-
3O8, a 105 per cent return on their
combined issued capital of s251.587,-
9O7.
Sixty-one of these properties are
located in the United States and their
dividend disbursements for the year
total $13,452635, and since incor-
poration $170,132,58 5. This is a re-
turn on the outstanding capital of
$16S, 691.407 of 106 per cent. Far
In the lead in point of dividends paid
in 1912 is Goldfeld Con. with $4.-
626,SS7 to its credit. II also leads
all other companies operating prop
critics of this class paying dividends
in 1912 in total dividends paid of
$~22,773.060. Tonopah and Tonopah-
Belmont, two other Nevada proper
ties, are second and third, respective
ly, for the year, the former having
paid out $1,000 900 during the pres
ent year and s~9,25O,000 to date,
while the latter has paid SLIPS, 900
DUNG the year and $3,21S.0O0 since
Incorporation.
Seventeen Canadian properties
divided, during the present year,
dividends totaling $~5.9s1.s77 and
since incorporation s3S,230,113 a re-
turn of SO per cent on the o%utstand-
Ing capital. Nipissing continues the
leader with $1.350.000 for the yea
and $3.50 900 since Incorporation.
Coniagas is second for the year
with $4,000 and to date has dis
bursed s3,56O,O0O, while Mckinley
Darragh-Savage ranks third for the
year with s674.3O7 and s2.6o6,2 95
to Gate.
Fourteen Mexican companies in
the above class have been able to dis
burse dividends this year despite the
Continued war throughout the re-
public. These Ia divided among
their shareholders this year $2,644.-
143, and since Incorporation $751;
951,61O, a 200 per cen return on the
capital standing. Dos Estrellas
leads for the year with $4,000
and since Incorporation has paid out
$11,505, 900. Mexico Mines of Ell
Ora ranks second for the yea with
100000 and since Incorporation is
credited with ~s2.790,S17. Penoles is
third for the year with $4,000 and
$5,761,6SS since incorporation.
The six metallurgical companies
contributing to the years total had
a slightly better 7-months' period
than a year ago, their disbursements
during the present year totaling So
590,215 as against $S,403,741 a year
ago. American Smelling & Refining