Show SOUTH HECLA ANNUAL the annual report of the south hecla Al mining lining company has just been issued by george H watson general manager and J W harrington treasurer the total underground der ground development at close of the year is as follows tunnels feet feet of drifts and feet of shafts mr watson makes it plain that more work could have been accomplished luring during the year 1918 had it not been for an acute shortage of labor and continued transportation difficulties it is to be said in passing that every mine manager in the alta cot ton woods has had the same obstacles to contend with throughout the period na named med the financial report of the south hecla as prepared by treasurer J W harrington 6 shows that the company has net quick assets of il 0 among the principal items of which are cash in banks in stocks of other corporations united states bonds and war savings credits at cost 2090 mine supplies in inventory vento ry 10 the total resources of the company are shown to be regarding productive work at the mine in 1918 mr air watson says there were mined and marketed on company account pounds of dry crude ore w which aich had a gross value of from which deduct for railroad freight from wasatch utah to murray and garfield utah for smelting smelling sm elting freight on bullion to new york refining and selling charges for ore hauling from mine to railroad at wasatch 52 for labor timber power su supplies f for or weighing and assaying ant and government freight tax leaving a net the total maal mel 1 l profit of 69 content of the ore shipped is as follows bunc ounces es silver ounces gold pounds lead pounds copper coppe r pounds zinc and boum poum pounds s iron there were mined and marketed on lessees lessels les sees account pounds dry crude ore which had a gross value of 0 from which deduct for railroad freight from wasatch to 11 murray urray for government freight tax for smelt ing freight on bullion to new york refining and selling charges the total amount paid lessees lessels for labor timber supplies weighing and assaying ore hauling from mine to railroad at wasatch and su pervasion per vision was leaving a net profit to the company of the total metal content of the above is as follows ounces gold ounces silver pounds lead pounds copper C pounds zinc and pounds iron the combined metal content of the ore produced luring during the year on company account and lessees lessels les sees account is as follows ounces gold ounces silver pounds lead pounds copper pounds pounds zinc and SS pounds iron |