Show EARNING CAPACITY OF UTAH MINES salt lake intermountain intel mountain republican utah mining properties have made the stockholders richer by for the first nine months of this year by virtue of the fact that utah mines have paid that much money in dividends for the last few days deputy state auditor mcmillin has been studying mines and their earning capacity and has compiled a table showing the capitalization par value of shares dividends for the first nine months of this year and total dividends paid to stockholders stockholder sto to date the table comprises floriy prop erues whose holdings lie contiguous in single min ing districts in a nutshell the story is that on an investment in capital stock of a total of has been paid stockholders to date that means the properties have paid in dividends an amount equal to 80 per cent of the capital in paying this year the properties have paid about 6 per cent to their stockholders the bablo ot of total dividends for each company may be misleading owing to the fact that dates of incorporation are not given in the list are some notable investments the deck beck tunnel mine with a capital stock of with shares of the par value of a ten cent piece has paid in dividends this year since its organization it has paid in dividends which is more than nine times the capital stock bullion beck a property capitalized at 1000 with shares of the par value of 10 cents has paid it in dividends to date the ontario on a capital of has paid in dividends to date which is almost three times the capital stock the utah consolidated with a capital stock of has paid in dividends this year for the first nine months and since its incorporation has paid the quincy with a capital stock of with shares of the par value of 50 cents has paid in dividends since its incorporation po ration the figures compiled by mr air mcmillin are believed by him to be correct taking into consideration the fact that utah is an old mining minin state the table is remarkable tables are not at hand to show what the mining properties in other states have done this year but it will be conceded that utah lias has kept pace inthe mining industry it means that the man in utah who has his money invested in legitimate mining properties within the boundaries of the state stat e has made money is making money and will probably continue to make mahe money |