Show SOUTH HECLA REPORT george H watson president and general manager of the south hecla mining conn pany with holdings at alta utah has sent out the annual report of the company for 1917 it is in part as follows there were feet of raising done for the purpose of exploration labor employed and charged to raises amounted to and supplies and power used amounted to 56 there were feet of drifts and crosscuts cross cuts run for the purpose of exploration labor employed and charged to drifts and crosscuts cross cuts amounted to supplies and power used amounted to during the year consider considerable considerably abl repairs were made to compressor plant machine shop mine boarding house ore hns 1 ins mine office and transformer station the electric lighting system on surface and underground was extended considerably and all machin ery was placed in first class repair the total underground development atac at close of the year is as follows feet of tunnels 1880 feet of drifts and cr cross oss cuts 2582 feet of raises and feet of shafts there were mined and marketed on ca corn pany account pounds of dry crude ore which had a gross value of Is less for railroad freight from wai satch to murray less for smelling smelting sm elting f freight on bullion to new york refining and gelling charges less for ore haul g from mine to railroad at wasatch less for labor timber power supplies weighing and assaying leaving a net sloping i profit of the total metal content is as follows ounces gold ounces silver pounds lead pounds copper pounds zinc and pounds iron there were mined and marketed on i leaders leasers lea sers account pounds dry crude i ore which had a gross value of S less for railroad freight from wa satch to murray less for smelling smelting sm elting freight on bullion to new york refining and selling charges the total amount paid leaders leasers for labor timber supplies weighing and assaying ore hauling from mine to railroad at wasatch and supervision being leaving a net profit to the company of the total metal content is as follows ounces gold ounces silver pounds lead pounds copper pounds zinc and pounds iron the total metal content of the ore produced during the year on company account and leaders leasers lea sers account is as follows ounces gold ounces silver pounds lead pounds copper pounds zinc and pounds iron shipments of ore were greatly retarded during the year on account of the almost impassable condition of the team road for the greater part of the year this together with the shortage of teams and railroad cars greatly reduced the tonnage during the year the ore developments on company account have been confined mostly to the wedge vein which had been opened near the western end of the property by the so called wedge shaft and levels driven along the vein at an average depth of feet on its dip and by some limited but important workings on the eastern end of the vein system over a mile away from the main development the development carried on in the wedge vein during this year was on the and foot levels financial statement resources mines and plant treasury stock discounts stock of other corporations at cost mine development supplies on hand bills receivable cash in bank accounts receivable united states bonds at cost total liabilities capital stock surplus accounts payable profit and loss total |