| Show DIVIDENDS Of MONTHS I J Mines and Metal Metallurgical Metallurgical MetalLurgical Works Have Paid Over 1 To pay dividends aggregating the large total of ot in the first five months this year a period in n which the market prices of ot silver copper lead spelter and other products have reflected the panic of ot last fall fallis is an admirable record for mines and find metallurgical works in the United States A careful compilation by the Mining orld of the profits distributed by b these seven corporations since their or organization shows that they have paid div dividends dividends amounting to the fabulous sum of On the outstanding capitali capitalization capitalization of the dividends de do dared to date show a return of UI per percent percent cent ent Surely Surel there can be no better ar argument argument argument In favor of Investment in legitimate legitimate legitimate mate mining and metallurgical al enter enterprises enterprises enterprises In addition to the above dividends four securities holding corporations Including including including ing the Amalgamated Copper company com pan paid this year making a total of ot since organization equivalent to a Ii return of over 30 3 per cent on the out outstanding outstanding outstanding standing of ot I These securities holding corporations are financially interested in some of the larg largest largest largest est copper Sand and gold and silver mines in inthe inthe inthe the United States Large profits have also been earned by b metal selling agencies One of these the b United Metals Selling company compan which is isI I affiliated with the Amalgamated Copper company om pan paid a dividend this year of ot S making a total of since organization in January 1900 1000 with a cap of ot Copper Mines Best Payers Copper opper mi ml s are the best paying the dividends of eleven of these for the first firstI I five months this year amounting to 5 i I equivalent to nearly 10 per cent on the issued capitalization of the hw market quotations for the metal not notwithstanding notwithstanding notwithstanding withstanding Since their incorporation these eleven eleen copper opper properties have sent to their shareholders dividends totaling the enormous sum of 4 which Is nearly five times the issued capitalization First place this year is taken by Ana Anaconda Anaconda conda onda of ot Montana an Amalgamated pro tege which has paid a dividend of 1300 lOO l bringing the total to date to on the capitalization of f The great Calumet Hecla mine cap capitalized capitalized capi i at only and divi dividends dividends of to its credit dis disbursed disbursed disI I so 50 far tar this year Boston Montana another Amalga Amalgamated Amalgamated Amalgamated mated declared in divi dividends dividends I this year making the total to date on a capitalization of ot The Amalgamated Copper company compan whose dividends are reported with those of other securities holding corporations makes quarterly payments at the rate of 2 per cent per annum on Jis ts outstanding capitalization of S1 to date the dividends sum up 5 l of which 1 has been paid in the current year ear Twentynine gold silver and lead prop properties properties having outstanding in stock declared dividends of for forthe forthe forthe the five fie months this year making a total of since organization The Homestake gold mine in the Black Hills of South Dakota maintains the lead tha year distributing dividends of ot 46 4 00 in five months which is at the rate cf ef ln o cents per share per month or 6 per percent cent per annum on the capitalization of or n To date the Homestake one of the best paying low grade gold mines in the world has mailed its shareholders d dv aggregating the large total of 16 The Bunker nut Hill Sullivan mine In the Coeur d in Idaho has hasan hasan 0 an enviable record having paid to date no noless noless noless less than In dividends on a cap capital capItal capItal ital of In five months this year yeartie Vie tie Bunker Hill Sullivan mine yielded dividends of equivalent to 12 lZ 1 per cent ent on the capitalization The Th Alaska Treadwell on Douglas island Alaska capitalized d at S has paid in dividends so far tar this year e r making the total to date The Camp amp Bird mine at Ouray Oura Colo Cob in which British Is largely interested paid dividends this year ear of and since o has distributed H on ona ona ona a Issue Colorado Utah Nevada and a few other I states state are well represented in the list of ot dividend paying gold silver and lead mines and are expected to bring forward many new payers in the not distant fu fut future t ture lre Smelters Have Paid Well The metallurgical Industry has suffered somewhat from the depression In metal prices and demand Five of these con concerns concerns concerns cerns having an outstanding capital of announced dividends this year of S moo making the total to date Si 74 The American Smelting 80 Refining company which distributed dividends en s ag ago aggregating aggregating a total of ot so far tar this year ear Is paying at the rate of ot 4 per cent per Cr annum on the common stock and 7 1 per cent on tha preferred par of both shares though they the can be bought In Inthe Inthe Inthe the open market at less Since its forma formation formation formation tion In April 1899 1800 the smelter trust has declared dividends of at on a capitalization capitalisation which has been Increased to The United States Smelting Refining Mining company Is paying quarterly quarter dividends at the rate of 4 per cent per annum on Its common stock and 7 per percent percent cent ent on the thO th preferred both par 80 50 though quoted on change at less Incorporated In tn n March larch 1906 the United States Smelting Defining Mining company has paid div dividends to date data of ot on an Issued capitalization of Great as these profits are they represent represent represent sent only a part of ot the enormous wealth Is taken out of our mines and works bi bs b intelligent and economic management Greater still will be the profits In future |
