Show I SEPTEMBER Is IS RECORD DIVIDEND PAYING MONTH fOR MINES There Tere Is concrete evidence to hand Inthe in ha inthe hahe t the he reports ma mae e to Mining and Engineering Eng Eng- Engi Engi- n World that American mining Is 1 a no now the greatest prosperity I In n the his history toO of the Industry with e every very Indication that It I la Is I here hera to 0 stay f for or some som time tinie too The mon month l of 01 September 1915 p proved roved that it Is entitled to the record o of f being the I banner month J In point 0 fn of d dividend payments of American a mines a and nd works for four forty-four companies a according to declared dividends t totaling Added to t this the disbursements d made e by six ala s securities r T Tto g h holding re corporations a an and t there e was paid paia r ra less t to o holders holder of mining stocks no than From a careful compilation of the re reports re re- reports p ports orts made made- made It is found foun that during the nine months of 1915 record disbursements disbursements disburse disburse- ments meats were made by companies to too totaling to- to t alin 1 8 This h 10 1 Is several million mil mu- fd l lion ion dollars ollars o In excess es of he amount paid i in n any ny similar period in the history of t i tho he Industry It is of interest to note t that hat th these se 10 companies have paid dividends since incorporation totaling 5 This is In ex excess excess ex- ex c cess ess of or their outstanding capital Added t to o the disbursements of these 10 companies com corn panics the dividend of the holding te companies brings the total of all aU payments made In 1916 1915 by bv mining tota companies or companies ai- ai therewith to Since i incorporation these companies have total to total to to- tal ll disbursements of on ona onan a an issued s capital of l. l I In t Kd e classification fo adopted we e find that of the companies mentioned thirty operate 10 copper properties an all al butOne butone but butone one located in the United States These thirty companies paid dividends during the nine months of 01 1915 of and since Incorporation their dividend disbursements total their Issued capital is I Seventy-four Seventy are classified as as gold- gold lead silver producers who are crede cred credited cred- cred siver Iea with p payments e totaling 1 during the e n nine no months a of 1915 Since incorporation these companies have paid dividends totaling on onan onan onan an Issued capital of or Of these companies three fifty three operate operate operate oper oper- ate properties In the United States and they have to th their lr credit credit- during the nine months' months period and since Incorporation on an Issued capital of Eighteen of the above seventy-four seventy companies are operating oper oper- in Canada with payments pent in 1915 totaling Since incorporation they have to their credit dividend payments payments payments pay pay- ments totaling This Is but less than their Issued capital capital capi capi- tal tal But three Mexican companies renor renor renor re- re nor as having paid dividends dividends in 1915 to and since Six SIJ metallurgical companies 8 which loo look for their profits not only rom the treatment of ore for other companies compani but from the operation of rt o n mines mineS had a i ii slightly better ninths ninths' period Ja har han ha tin 1914 having havin dl dK tin vided among sh shareholders 0 Since Incorporation mong disbursements disbursement tott tob 7 on orE an n outstanding capit capital api 1 of 4 Six securities holding corporations which derive their profits not only from their holdings holding in other companies but butin butin in ln the operation of their own ow mines ninee disbursed during the nine months of ot 1915 Since Incorporation these thee companies have bave paid divi dividends ends totaling l g on n a an an outstanding capital of |