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Show -0O MINING IN THE MPISSIMG REGION Finauclal America says that the N'l-pissing N'l-pissing Mines company is paying its twenty-seventh consecutive dividend, calling for the distribution of $150,-000. $150,-000. Sinco July 20, 1906, tho total dividend div-idend declarations aggregate 151 1-2 Per cent, equal to S9.090.000. This amount does not include the ?400,000 paid to tho original syndicate prior to tho formation of tho present company. com-pany. Including tils 5100,000. the total to-tal amount returned to tho stockholders stockhold-ers la $9,-190,000. This showing is extraordinary, as during the six years of the company's xlsteuce it has returned to Its stock- '' -l ""v holders its capital , stock one and one-half one-half times iu. the .form of dividends, in addition, tiic corhp'any'ha'B 'qfe' reserves re-serves valued at about ?fi.000,000. and has a substantial surplus in its treasury. treas-ury. Accompanying the dividend checks stockholders have received the following fol-lowing brief financial statement of the affairs of the Nlplssing Mining company, com-pany, Ltd., tho operating company, as of October 1 last: Cash in bank, 51.-0S2,072; 51.-0S2,072; ore in transit and at smelters. smelt-ers. $101,201 : ore sacked at mine readv for shipment, $339,373; total, $1,528,049. This Is the largest surplus recorded record-ed at any period except that of $1,-550,000 $1,-550,000 on April 1, 1910 Had It not been for the construction of the low srado'raill at a co3t of approximately approximate-ly $300,000, the surplus on hand would be much larger, as the expense of this mill has been met out of the earnings of the company. It Is understood that the now mill is very nearly completed and will bo placed In operation probably early next month. It has not as yet been decided to discontinue shipments of ore from the mines when the new plant is In operation. |