| Show DIVIDENDS FOR TEN MONTHS according to figures available to mining and engineering world there has probably been no period of equal length in the history of american mines and metallurgical works so prolific of dividend disbursements as has the ten months of 1911 just ended from the reports made to mining and engineering world by mines and works dividend declarations co covering the period mentioned totaled this Is a remarkable record in view of the fact that the year so far has been generally acknowledged as a period of general depression that mining when properly carried on is an industry capable of returning regular dividends to owners of stock is evidenced in the total dividend disbursements of these companies which since their tion amounted to this is equivalent to a return of per cent on the outstanding share capital not included in the declarations of the companies mentioned above is the disbursements bur of eight securities holding corporations po rations which during the ten months of 1911 divided among shareholders and since their incorporation a 40 per cent return on their issued capital of of the companies mentioned above as having paid dividends in 1911 are classified as gold silver lead zine zinc producers and holders of their stock were enriched to the extent of added to previous declarations thi this s brings their grand total to an 83 per cent return on the outstanding share capital of the gold silver lead zinc companies seventy six operate properties in the united states and these paid dividends during the year totaling eighteen axe are mexican properties with the years dividends totaling while sixteen are operated in canada with to their credit for the ten months of the year twenty three copper properties all but one in the united states participated in the years total to the extent of since incorporation these copper properties have yielded profits in the shape of dividends to the extent of a per cent return on the issued share capital the twenty two copper companies operating properties in the united states during the ten months just ended divided among shareholders and since incorporation a per cent return on the issued share capital six metallurgical companies paid out in dividends during the ten months of the year and since incorporation a 57 per cent return on the issued share capital the accompanying table gives the amounts of dividends paid during october the date of payment and the amount per share for total dividends paid by these companies since incorporation and for dividends paid by other companies previous to october see tables elsewhere in this issue per name of co date share amt ami mex oct 1 am sm ref comfoct com Oct 15 am amsa sm ref pf af oct 2 amer zinc mo oct oc 10 50 anaconda mont oct 18 50 arizona copper oct 28 05 bonanza dev Colo Oct 1 20 buffalo ont oct 2 05 bunker hail S oct 4 25 calumet fie arizona oct 3 center creek mo oct 5 05 copper range Mich Oct 2 75 crown reserve Ont Oct 15 05 88 paly aly west utah oct 10 30 elkton colo oct 1 02 esperanza mex oct 12 36 tremont premont cal oct 28 02 frontier wis oct 10 2478 golden cycle colo oct 1 02 goldfield nev oct 31 50 gemini utah oct 1 guggenheim eipl oct 2 hecla idaho oct 20 02 Home take S D oct 25 50 iron blossom ut 07 kendall mont oct 23 02 klar wis oct 16 25 la rose ont oct 20 10 lucky tiger mex oct 15 05 mckinley dar sav oct 1 10 mines co of amer oct 25 25 new idria cal oct 2 30 ont oct 20 37 north butte mont oct 21 30 old dominion co oct 6 50 old dom mg S oct 5 pioneer alaska oct 7 03 pittsburg idaho oct 15 04 40 portland colo oct 16 02 wn mooch 28 20 2000 south eureka Cal caloca Oct 15 07 success idaho oct 5 01 T H B ont oct 14 ont oct 17 03 tom reed ariz oct 28 03 tonopah To nev oct 21 40 ton belmont nev oct 2 25 U 50 U ampf 87 united verde arizoca Ariz Oct 4 75 vindicator colo oct 25 03 wasp no 2 S D oct 25 02 lor Ont Oct 20 05 wolverine mich oct 2 immediately after the declaration of the golden cycle dividend it became known that the golden cycle company had been made defendant in a suit for damages brought by the christmas gold mining company which is controlled by the vindicator consolidated it is asserted that the defendant company has for years mined ore from a vein that has its apex in ground owned by the plaintiff and it is further asserted that more than tons of ore averaging 25 a ton in value has been blocked out in the region affected by the suit the vindicator consolidated has just paid a dividend of three per cent aggregating the total paid in dividends by this company to date is since the resumption of work in the heading of the roosevelt drainage tunnel it has been driven about feet and the length of the tunnel is now feet the flow amounts to gallons per minute the el paso company is repairing the track in n the fuller crosscut preparatory to starting work on the main C K N vein for october the production of the mines in the cripple creek district amounted to tons and its estimated gross value was in the following table the tonnage handled by the smelters shelters sm elters and the various mills is given av plant tons val smelters shelters Sm elters golden cycle 2060 U S R ar 2150 portland col city 2000 crippled C reek creek stratton independence wild horse 1200 isabella jo dandy 1000 |
