Show ROCHESTER MINES CO OUTPUT J JIN IN 17 Or Ore shipped from th the Rochester Mines company properties from February 1 I 1913 to June 30 30 1914 was as valued at or of oC an a average o of 2381 2381 n. n ton This Thill I Is from a report that has been compiled complied from the records and sent to stockholders by John F. F Cowan CowlIn tho the new president of ot tho the company It Is the first t report that has hos ben been compiled complied from the officials record record records rec rec- ord and gives some flome Idea of ot what the leu leasers rs have hae done dona since the tho properties wore discovered d and shipments first In In In- au gurat M. M Tho The reason renson for tor stopping production 1 Is clearly shown hown h by the heavy tariff that wa assessed against this production From these rich consignments tho the leas baa era eo only received or a total of ot 1912 a 8 ton The Company received d In royalties s or a ton This Is III from a a. total of cars car of ot ore that totaled tons The leasers and compans company's com corn pany's pans return has haR been so small emall that President Cowan has haa arranged with leasers lens leas ers era to hold their production until a mill can be Installed and the C Cobb bb railroad to the mines completed Th The balance sheet shows that railroad freight and treatment char charges ell amounted to or at the th rate of It a 3 ton The Tho ore Is 18 an Ideal smelting product and a premium Is paid by the smelters smellers for It but It seems seem I that ore buyers bUErs paid for th the ore at the smelter and tho the shippers ship ship- pers pars were ere forced to take what they could get In most Instances the leasers rs were without m means ans and the they took advances advance on their output In order to get mono money needed to keep tho the work going That the Nevada Short Line Lino will bo be of ot some Mme advantage ad is shown In the report that the wagon haul baul resulted in char charges of 46 or 1423 23 for tor a carriage e of or a l afew afew few tew miles mile to the loading station Under moro more favorable conditions It can b be easily easily ily seen that Rochester has baa plenty plent of ot areo ore are o of a grade that th will wilt make profits ac accumulate accumulate nc- nc cumulate cl ra rapidly President Cowan Co Is do do- voting nil all his time to the properties and the new mill In Installation |