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Show I In Spite of Dull Times and Low Metals the Returns' Are Good. COPPER MINES WELL UP JN THE LIST Metal Selling Agencies Arc Becoming Be-coming Very Lucrative Branch of Trade. For forty-one mines and metallurgical works in the United States to pay dividends divi-dends aggregating the total of Sll,fl38.196 fori the llrst iuartcr of the current year is a pretty good Indication of the profits that are being made notwithstanding the lower market prices of silver, coppor. lead nnd zinc. These forty-one mines and metallurgical works, according to a careful compilation by the Mining World, have paid in dividends since their organization organ-ization the grand total of :H17,96J,32t on an Issued capitalization of .'5356,759, 150. Large as tho dividends mentioned above may seem, (hoy do not Include the disbursements dis-bursements by the Amalgamated Copper company and other securities holding corporations. cor-porations. From January io March this yoar four securities-holding corporations, having an outstanding capital of 3241.-fflG.OOO. 3241.-fflG.OOO. declared dividends of $2,24 7,001, making the total since their organization 572.3SS.661. Another .source of large revenue from mines Is tho sale of the products on com-mlnslon. com-mlnslon. One metals selling corporation which In identified with the Amalgamated and other large Interests by reason of the fact that It markets their copper, declared de-clared a dividend of ?.175,O00 this year, making the, total to date" $6,000,000 on a 55.0ft0.000 capitalization. Of the thirty-alx metal mines that paid dividends in the first quarter this year, nine produced copper, and these report a distribution of 53.622,102. Since their incorporation these nine copper mines have yielded dividends amounting to the large total of $272,030,676 on an outstanding outstand-ing capitalization of only 551.275.000 Calumet k Uecla. which on Its ?2.500,000 has declared dividends to dato of $106.-350,000, $106.-350,000, cut Us quarterly payment in 1P0S in half (to $500,000, or $5 per share), because be-cause tho copper market Is In an unsettled unset-tled condition Nearly all the other copper cop-per mines reduced their regular dividends temporarily. Twentv-six gold, silver and lead mines have declared dividends of $2,223,168 so far this year, making their grand total since incorporation 360,418,336 on an Issued Is-sued capitalization of $M. 202.200. The largest Individual payer was the Tlome-stake Tlome-stake gold mine in the Black Hills of South Dakota; It declared throe- monthly dividends to the aggregate total of $327,-600. $327,-600. bringing its record to $16,107,950 on a capitalization that, has gradually been Incroased to $21,840,000. The Bunker Ilill & Sullivan silver-lead mine In the Coeur d'Alono district. Idaho, also a regulnr monthlv dividend payer, has bcn obliged to reduce Its rate, so that for the first three months this year the amount totaled to-taled onlv $210,000. To date the Bunker 1I11I & Sullivan mine has yielded dividends of $9,990,000 on a $3,000,000 capitalization an excellent showing- Five gold and silver mines In the newer districts of Nevada cama forward this yenr with dividends divi-dends of 5360,500, making tho total since their organization $1,310,950 on an issued capitalization of $1,005,000. Tho labor troubles at Gold field have also been responsible re-sponsible for thd Interruption of dividends divi-dends in that quarter. Only one quicksilver quick-silver mine In California has declared a dividend this year, amounting to $50,000, making a total to date of $-1,010,000 on a I $500,000 capitalization.. Flvo metallurgical works are credited with dividends this year amounting to $5 73S.S6C. making their total since organ- ! ization $75,505,309 on the outstanding share-capital of S213.7S2.250. To be sure, the American Smoltlng and Rollnlng company com-pany takes the lead hi this group, having declared this year $3,250,000 fat tho rate of 3 per cent on tho cominon stock and 3i per cent nn the preferred), making the total to date $-11,831,553 The present outstanding capital of the "smelting trut" H $100,000,000. equally divided In common and preferred stock. The I'nitod States Smelting. Refining and Mining companv has declared dividends of $1,-"01 $1,-"01 360 this year (being 2 per cent on the common stock and 3i per cent on tho proferred). making a total of Sl.Sii.DIl to elate on the issued capitalization of f 11 -S46.650 . |