C.C. Productions & Dividends
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Last updated: 29 May, 2016 14:07

 

The Short Line Blue Book, July 1906
(page 32)
Cripple Creek Production and Dividends.
The Marvelous Cripple Creek Gold Camp.
TOTAL PRODUCTION TO DATE.

The gold production from the Cripple Creek District mines since 1891 follow:

Year.
Value.
1891
$        200,000
1892
587,310
1893
2,010,400
1894
3,250,000
1895
6,100,000
1896
8,750,000
1897
12,000,000
1898
16,000,000
1899
21,000,000
1900
22,500,000
1901
24,986,000
1902
24,508,311
1903
17,630,107
1904
21,414,080 
1905
22,037,952 
 
 
Total
$ 203,245,150

Sixteen years ago the Cripple Creek district was a cow pasture and today its mines have a record of having produced the enormous sum of $203,245,150 while the profits made both by companies and private operators aggregate to $100,000,000.

Last year the mines of the district yielded gold ore to the value of $22,307,952, and to secure that amount of gold it was necessary to break, ship and treat a total of 715,795 tons of ore.

DIVIDENDS PAID BY COLORADO MINING COMPANIES IN 1905.

The companies paying and the amounts they disbursed during the year follow:

Company.
Dividends.
Portland
$ 1,200,000
El Paso
563,000
Theresa
525,000
Stratton's Independence
500,000
Findley
200,000
Elkton
150,000
Vindicator
143,000
Strong
120,000
Western Investment Co.
120,000
Monument
108,540
Gold Coin
100,000
Granite
62,500
Golden Cycle
60,000
United Gold Mining Co.
40,000
Dillon
31,250
Gold Sovereign
27,000
Jerry Johnson
25,000
Work
15,000
Lexington
12,950
C. C. Con.
10,000
Mt. Rosa
10,000
Milwaukee
5,000
Peggy
4,000
 
Total
$ 4,032,740

The dividends during the past year amounted to the sum of $4,032,740 and were paid by 22 companies, the Portland leading by more than double its nearest competitor.

Lessees and close corporations made a profit of close to two millions of dollars but they refuse to give out their correct figures.

The largest amount made by a single operator during the year was that of L. A. Hayden, on the Gregory of the Elkton company. Lessee Hayden cleaned up the neat sum of $200,000.

The lessees on Stratton's Independence made a profit of $350,000, after deducting all expenses.

The Joe Dandy made a profit of $80,000. A year ago this mine only showed about $40,000 worth of ore in sight.

During the year there was shipped a total of $250,000 worth of gold-bearing rock and there is more in sight now than has been shipped.

 

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