| 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.
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.