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Show AUGUST DIVIDENDS REICH 518,883,721 Mining Companies During Eight Months Disburse More Than $169,000,000 Aucrust proved ' an exceptionally cood month for holders of stock in American j mines and works, for. according to reports re-ports maie to tun Mlnlnq and Liitdneeriiifr World, $1C,9S3.T21 in dividends wore disbursed. dis-bursed. Quite a number of new companies entered the dividend-paying" list, among them being" the L'nited Verde i:x tension Copper company, First National Copper company, Massachusetts Consolidated Mining- company, Utah Metal & Tunnel com pa nv (which absorbed the Binyham-NVw Binyham-NVw riaveri) and the .South Hecla. During the eight months of 3!Ui ended with August, 1 4;! companies h;i ve paid dividends totaling $lf.TH-;,9Tt. Since incorporated in-corporated these 113 companies have divided di-vided among the shareholders no less than Sl,17l.9;n,2;iT. The combined issued capital capi-tal of these companies amounts to $N90,- Of the above 113 companies thirty-six operate copper properties which have en-itched en-itched shareholders so far in 1916 to the extent of ?ti5,024.STS, the August copper disbursements totaling $S.ti9S,141. To date these thirtv-six companies have lo their credit fn dividends paid ?H25.932,570. This is on an issued capitalization of ?332,-"09.0TS. ?332,-"09.0TS. Gold-silver-lead-zinc properties divided among shareholders in August $7.6i.2.391. For the eight months of 191 ti holders of stocks, with 107 companies participating, received $t'l,599,9S9. To date these companies com-panies have paid dividends totaling SUS-VI! 1,072, on an issued capital of $332,-209.078. $332,-209.078. Eighty-four of the above 17 companies operate properties in the United States and they have paid dividends so far In HUG amounting to S.".r),'595,257. August dividends total $6,510,499. The total for these companies is ?2f4,510.5ri6. Twenty Canadian companies in this class disbursed dis-bursed during the oight months of 1916 86. 302.722. August disbursements total S633.665. But three Mexican companies report as having paid dividends in 1010, these amounting to S9S6.402. Metallurgical companies, six In number, have paid dividends for this year totaling total-ing 813.-IS1.113. Since incorporation these companies have shared with stockholders $207,139, fia. In addition to the above dividends are those of the companies classed as securities-holding corporations, eight of these dividing among shareholders during 1916 829,293,022. Since incorporation these companies have paid dividends totaling $146,744,1 36. Then might be added the dividends paid by corporations giving" out no reports of disbursements, which would add several sev-eral million dollars to the month's disbursements. dis-bursements. Privately owned properties, which are yielding goodly profits to their owners, would add as much more, making total disbursements for the month easily in excess of the $20,000,000 mark. |