| Show CERRO DE PASCO CO BUILDING SMELTER cerro de pasco copper co companas Comp mp anys new smelter at brays peru is expected to be completed completed in the summer e r of 1922 1622 says a rebe recent nt new york dispatch despite the fact that the companas comp anys ore has a high gold and silver content it is costing cerro more than 15 cents to make its copper after all charges and taxes depreciation and depletion however the company is in i better position than many other big producers from the standpoint of cash and liquid assets returns from the bond issue put it mi ini a position where it should have little difficulty carrying its metal on account of affiliation with annerl am era metal company cerro did not supply all akyi the pounds of copper held resale abroad and which Is being 11 used 0 collateral for the recent issue of 1 copper export association 8 per c notes some of the te c companies 0 in the IS ai elation purchased a substantial arnodd amount these notes |
