Show UTAH MET METAL ISSUES 1 fiNANCIAl REPORT m FOR 11 PAST NINE MONTS MONTHS j B Below low Is the thc latest report Issued by t the o Utah Metal Tunnel company It covers tho the combined operation account of 01 the Utah Metal retal j Haven for the tho nine nino months ending QC Oct I I. I 1916 and shows show cash assets of ot l m 6 Oct OGG It I Is as follows mV Gross value of ot ore oro mined F Fore Income from water Interest Inter Inter- est eat est etc Total Income 1299 j Expenses Expenses- Smelting p. p r charges Mining t Development Develop Develop- r mont ment I Hauling 4 Lease ore 1 J Milling Selling ad ad- ad ministration ministration tion and general expense ex expense ex- ex pense Operating profit Cr Current nt Co h Cash Duo for oro ore sold Bold and produced produced pro pro- 4 prior prIolo to October 1 1 1 Due for tor water for quarter ending October 1 Cash Cah assets Dividend paid Aug 15 1916 O Total reduction in bonded otal debt debt Details of Production r Quantity Gold ox OJ Silver or Copper Ibs Lead lbs Ibs I A Average Price 0 Received Gold 1950 1900 per oz Silver per oz Ol or oz Copper 2640 s. ct-s. per lb Ib Lead ct per lb Ib Gross Value Gold I Sliver Silver Copper Load Lead 1 Shipping Shipping oro and concentrates concentrates concen concon- wot wet weight 69 64 tons 09 I A Average Costs Conta Mining plus 3 per ton on Milling plus per ton Development plus 1045 per foot toot Ten thousand one hundred ninety ninetY feet were driven In development work and In the tho course of or this development work tons of or oro ore were extracted extract c. c |