Salt Lake Herald-Republican | 1918-09-01 | Page 32 | Alaska Gold Mill Heads Now Run Higher

ALASKA GOLD MILL HEADS NOW NOWR R RUN U N HIGHER I Gross Value Is Ts 1164 a n Ton Compared Vi With l 99 Cents Cent Recently Summarizing the tIme report of ot the Alaska Alaska Alas Alas- ka Gold Mines for tho the quarter ending June 30 30 President Ht hayden says ays as a's During the tho quarter quart r tho the mine maine produced produced pro pro- about tons per por worlen working da day against 52 0 tons for tor the first quarter a of or 1822 tons A A total of 9 tons of or oro ore vu was wan broken brokon in the mine and 10 tons to the ways ore le leaving an estimated total of or 1 tons of or broken ore remaining In tho the slopes according to the O of or broken oro ore made aa ns of or December 31 31 1917 This estimate will wil be Increased materially owing to the tho largo large amount of or caving ca done luring during the time past six months The TIme work of or preparing new topes slopes wa was vas carried out as rapidly as possible with time the limited number of ot men amen avail avail- I able Tho The scarcity of or labor still sti continues con con- preventing new development I work worl and prospecting and seriously Interfering with tho the supplying of ot ore oreto oreto oreto to the tIme mill mi An average tonnage of tons per working da day was milled as compared with tons luring during the first quarter quarter quarter ter showing a decrease of or 1821 tons per da day For Fol the first half hal of or the tho quarter the mill mi was operated on a two shift basis but owIn owing to tho la labor Ia- Ia J- J bor shortage an and tho the small tonnage of or oro ore delivered from the mine operations opera- opera lions tons during tho timo remainder of or the tIme quarter were on an hour eight per day dayS S Is Gross value of or mill mil heads was 1164 1161 1164 per er ton compared with for the time first quarter an Increase of or The Time operating costs amounted to compared with 0 for forI forthe forthe the first quarter an increase of ot I During During- the quarter tho the miscellaneous showed loss 1088 of I ous Income account a Incurred In the operation of ot I tho company's compans boarding houses housos duo due to tho the Increase In tho the wages ageR of ot all al help and anc higher cost coet of or supplies and fuel fuel The mine mill mi and power divisions dl are all al In excellent condition but operations op op- op are seriously hampered b by the time lack of ot competent labor and the I steadily Increasing cost of or supplies These conditions uniformly true of ot all al gold mines have been brought to the attention of the proper government o officials of of- and amid it may be that some relief will vIll wi bo be afforded time the Industry In the near future The Thc m financial report is as follows Tons rons milled 9 Gross per pcr ton Yield l d OS 5 Tails 21 1 Extraction per cent 81 6 Value recovered Operating expense THai profit Per ton Gross value alle bullion bulion and concentrates con- con production 29 Ore production and treatment Milling S Shipment and smelter charges 1 59 Administration and Ind general expense S Total operating c expense pense 30 7 Balance mine profits Additional miscellaneous Increase in increase increase in- in crease Total Lo Loss s. s operating profit 17