Mohave County miner., 1916-10-14
SEPTEMBER DIVIDENDS

WHEN dividends of S78772612 were paid in the nine WV months of 1913 by 146 American mines and works
 1t thought that the zenith had been reached But this record has been far outcassed by the decara uOns of 155 companies during the nine months of 1916 According to reports made to Mining and Engineering World these companies divided among fortunate share holders the magnificent of $500 This is equiv aent to nearly 9 per cent of the total dividends paid dur ing the last ten years. With the exception of 19O8 when disbursements amounting S3 450 were paid during the nine months period dividends have been fairly regu lar, ranging from approximately S45,0OO,OO0 up.
 September proved the most remuneratve in point of dividends paid of any single month in the history of the industry, when disbursements tOtaed S29 869 but $ 799581 less than paid during the first nine months of 1908 Of the September payments the cOpperS were responsible for $7 994 the goldsivereadznc prop critics S7243744 and the metalurgca companies $5 138, l3l Owing to the fact that part of the earnings of the securtyholdng companies derived from holdings in other companies their dividends are not included among those paid by the sOcaed operating companies included in these reports The 200000 declaration of the Ken necott Copper Corporation and goody part of the s. 6OOOOO of Pheps Dodge Co., besides others could right fully be added to the total for the copper properties these earnings derived solely from operations of properties directly owned by them.
 For record of achievement by single industry the performance of American mines and works in the years past is little short of wonderful for the companies paying dividends in 1916 have made disbursements since their incorporation totaing S 691-ths outstand ing share capital of S925 428697 Should the dividends paid in previous years by companies not included in the 1916 dividend be added to the above total we would have total running well up in the billions.
 Of the S165675,300 paid during the nine months of 1916 the coppers contributed practically oneha ESQ., 763234 with 38 companies participating To date these 3 companies have enriched shareholders to the extent of $651 833 960 on issued capital of $346 146,618.
 Owing the close relationship of the four metals gold silver lead and znc dividends paid by companies oper ang this class of properties classified under the one One hundred eleven of these properties far behind the coppers for they divided among shareholders S66503509 To date these companies have dsbursed S369 12804 issued cap taization of S3O7, ,970039
 Of the Ill companies mentioned above 85 operate prop critics in the United States and during the nine months of 1916 paid dividends amounting to 2025 and since incorporation 2847204 $196644778 outstanding share capitalization Twenty-one Canadian proper ties with $19 355 for the nine months period and S67 S31 042 to date But three Mexican companies report dv dend payments in 1916-these paying $1 ,043,629.
 The six metallurgical companies had the best nine months period in their history dividing among sharehod CTS S8 To date these companies have paid divi dends otalng $2120 066927 outstanding share cap tai of S27OOO3,O4O.
 Eight securities holding corporations have had a markable nine months period for they divided among shareholders no less than $3 93081 To date these panies have to their credit 205 in dividends. Mining World.