| Show dividends da va bends for 1915 utah mines made another new record for dividend disbursements during the year just closed showing a gain of more than 40 per cent over the preceding year the figures as near as can be computed are 9 for 1915 against for 1914 and for 1913 this of course does not include the disbursements of corporations like the united states mining smelt ing refining company owning great producers in bingham and eureka and smaller properties in other parts of the state nor those of the other great smelting smelling sm elting companies regarding which no financial statements are available the money disbursed disbars ed from mines within the state as a part of the dividends of these corporations would bring the total for 1915 to a point well above the oo mark the figures for the year as given include the regular quarterly dividend of the silver king coalition amounting to paid on the first of january 1916 and declared by the lakeview Lake view mining company payable january ath the new record is greater than any ever made by the state before and under ordinary conditions would stand for a lorg long time to come but present circumstances are far from normal and unless all signs fail the record will be knocked from its lofty pedestal by the dividends to be paid by the year just starting for the market is on the upswing and nothing short of the embroilment of this country in war can stop it the demand for the metals is greater now than at any other time in history and the need must increase as time passes for tile the spot supply is exhausted and all metals metal s produced are contracted for months ahead whether the world war ends in a month a year or ten years the regular consumption at present greatly augmented over the normal must be met and later the supply of metal must be replaced sixteen companies helped to make tile the great record of dividends paid during 1915 with the totals they are as follows together of their disbursements bingham new haven cardiff chief consolidated daly judge 3 eagle blue bell grand central iron blossom lakeview Lake view lower mammoth mammoth may day silver king coalition silver king consolidated utah apex utah copper utah consolidated 60 total 0 utah mines have paid a grand total of in dividends this includes only present day mines and those which have been worked within comparatively recent years in fact all in the list have paid at least one dividend during the past fifteen years the old timers such as the emma flagstaff prince of wales and many heavy producers of other camps during the early days are not included in the list owing to the lack of accurate data on early dividend payments neither are those prop properties 1 arties included which have been re incorporated such as the original silver king and others the figures for which date from the time of there are the names of fifty five companies in the list of these the great utah copper of bingham leads by a big margin with the ontario at park city has paid and the silver king coalition of the same camp the utah consolidated at bingham has paid the daly west of park city has paid and the old horn silver at frisco the list shows one mine in the class two in in the five in the and three in the five properties have paid between and fifteen between and and the balance below each the silver shield bingham is the lowest in the list with to its credit what will the year 1916 add to this great record |
