| Show NEVADA consolidated REPORT the nevada consolidated copper company has issued its report for the last quarter of 1914 from which the following is reproduced during the quarter the property was operated on a basis of 50 per cent of normal capacity dry tons of nevada consolidated ore averaging per cent copper were milled as ca compared with dry tons averaging per cent for the previous quarter ninety eight per cent of the tonnage was supplied from the pits and 2 per cent from the underground workings of the veteran mine in addition to the above dry tons of giroux consolidated mines company ore were milled during the quarter it was decided to discontinue underground operations and the veteran mine was closed november 1 the cost of copper produced including steptoe plant depreciation and all charges except ore extinguishment and after crediting all miscellaneous earnings was cents per pound the earnings for the quarter are computed on the basis of cents per pound the copper on hand and in transit sold and unsold at the end of the quarter was pounds the physical assets of the steptoe smelt ing mining company were acquired august 24 1914 1914 1913 net earnings dividends deficit dep steptoe plant dep and inc tax ore extinguishment deficit surplus the production in pounds for the last quarters quarters of 1914 by months follows third fourth quarter quarter first month second month third month total |
