In 1912 the Rand, as it, is colloquially known, produced in round figures, £37,000,000 of gold. Over £13,500,000 of that vast sum was paid in wages, £7,865,000 going to Europeans of whom 23,518 were employed on the mines, and £5,691,000 to South African natives, of whom 193,351 were employed. Stores and supplies consumed on the Rand cost nearly ten millions sterling; £5,800,000 was spent in development work, leaving a balance of about £8,000,000 to be distributed as dividends to investors who had furnished the necessary capital for the mining enterprises.
Some of the Rand mining companies have made enormous returns to their shareholders. There are 115 companies on the Rand from which returns were received, and it is impossible to give details of all of them, but a few typical instances of high dividends may be mentioned. The Ferreira Company, since its flotation has paid 4,415 per cent, on its capital, and has distributed nearly four millions sterling in dividends. The Crown Reed has paid 2,404 per cent. ; the Johannesburg Pioneer 2,107½ per cent. ; the Emmer, 1,237 per cent. ; the Meyer and Charlton, 1,105 per cent, ; the Durban Roodeport, 1,100 per cent. ; the Crown Mines, 1,067½ per cent. ; the New Hereto, 992½ per cent. ; the New Primrose 817 ½ per cent. ; and there have been many distributions amounting in the aggregate to 200, 300, and 400 per cent, and upwards. The total sum paid in dividends by the Rand mines amounts to £88,159,489. If the whole of the Transvaal gold mines be included, the payments to shareholders reach the colossal total of £91,462,773 distributed between 1887 and 1912.