Show ONE HUNDRED MILLION many people have but little conception of the immensity or the magnitude of the mining industry many there are who look upon mining as a hazardous undertaking and consider it as a mere chance if a mining company is so successful in its operations as to pay a limited amount in dividends As a matter of fact in certain circles mining is regarded as being scarcely legitimate while an individual engaged in mining enterprises is considered almost in the same light and class as the green goods man of course with those who are familiar with the importance of mining with those who know that the industry is the backbone of the financial structure of the civilized world this attitude on the part of the scoffer the unbeliever is looked upon with pity for it is through ignorance alone that there are thousands who decry mining in all of its branches and who claim that industrial pursuits agriculture and mercantile enterprises are the only avenues for safe and profitable investments and yet the fact remains that the profits from mining after accounting for all of the failures for they are many exceed those resulting from participation in any industrial commercial or manufacturing pursuit just now the mining and financial press is engaged in the discussion of the fact that the calumet hecla mining company of michigan has paid its stockholders one hundred million dollars in dividends the statement is true and more than true for the company has not only paid out this immense sum in velvet money betit but it haa I 1 even done better beater than this for the records show that the dividend disbursement to date amounts to there is no telling how much in dividends mining companies not now on the active list have paid in the past but the total is enormous and would stagger the skeptical were the data obtainable and presented for his consideration but a raking up of past fast records of mining concerns not now in existence is not necessary in order to show that mining is the greatest of all industries dus tries that it offers innumerable opportunities tuni ties for safe and profitable investments or that the poor as well as the rich need not hesitate when considering the possibilities of a mining venture for the list of pres ent day and active mining apropo propositions show that millions upon millions are yearly bein beins made throughout the mining districts of the united states mention has already been made of the unparalleled unparallel ed record of the calumet hecla one of the active mining companies of today this showing is a magnificent one and proves the possibilities of the mining industry for the stock of this company was at one time quoted at a nominal figure but there are other mining enterprises of today which have paid dividends the grand totals of which run up into the millions and our our table of dividends paid show that there are now twelve active companies whose total in dividend payments runs up into eight figures while there are seventy five others which are in the community of seven below we give the names of the twelve active companies which have paid over nine million in dividends amalgamated montana anaconda montana arizona arizona boston montana con mont bunker hill sullivan idaho calumet arizona arizona calumet hecla michigan homestake Home stake south dakota ontario utah quincy michigan silver king utah united verde arizona these figures surely indicate that fortunes have been made in mining during the past thirty years and yet no account is taken of the enormous advance made in the shares of most of these companies of the great sums made by investors who bought at alow a low and sold at a high figure take calu met hecla for instance at the start the te stock stack of this company sold for only a few dollars and yet it has been quoted at 1000 a share during its career while other companies named in the list have seen their the ir shares advance in value from almost nothing to princely fortunes surely 0 minin mining g is a profitable e as well as a fa fascinating cina ting pursuit |