Show I RICO 1917 ORE SALES SAES TOT At During the tile Year the lIIn Mine Min Reduced Its It Purchase Debt I It I Is officially announced that during the year eal 1917 the time Rico Argentine mine I at Rico nico Colo Cob produced and shipped to the tho smelters of or that state and Utah considerably h JOI more than Tho Time ThoI total net riot smelter returns from these shipments by hy hath both the company compan and the I lessees lessee amounted to Of or this amount the tho company compan receipts came to net smelter while the tho ore shipped b by the leasers brought 41 41 41 It I Is also officially declared that durIng during dur dur- I ing the year yeal the company reduced Its gross Ind Indebtedness between and This flO now leaves tho the New York I debt about 2 That was on the purchase price irice of Jr tho extensive holdI hold hold- hole hole- I I inKs ings of th time the company compan In addition additon to that the company compan ha had advanced to it I b by In Individuals in Salt Lake approximately 2000 This This' makes the present present pres pres- ent eat total indebtedness of the company compan approximately The fhe expectation of oC the management is to be able to easily wipe out this indebtedness the coming season During the month of December the thc Rico Argentine company shipped 27 carloads of or copper ore and 9 cars of zinc lead-zinc combination ores During the month the lessees also shipped considerable consid- consid erable crable ore In fact tact toda today the they are arc said to hn have e 20 O to 24 carloads arloa s of oC their zinc zinc- lead ores In transit between the tho mine and smelt smelter r. r The foregoing Is considered an extremely extreme ex ex- creditable statement when the tho many handicaps of at the year ear are taken Into consideration The management I of ot time the Ar Argentine Is In the hands of or orIe mansee Ie n Price Rykert Read and Woodmansee Wood Wood- I |