Show OHIO COPPER ISSUES REPORT in a preliminary report dealing with operations at the ohio copper companas Comp anys bingham properties general manager S K kellock says december shipments consisted of pounds of wet precipitates the average moisture content was 2434 per cent which made a deduction of pounds leaving the dry weight pounds the average copper content was 92 per cent and the gross copper produced was pounds the copper deduction made by the smelter was pounds and the net production paid for by the smelter was pounds the average price paid by the smelter was cents and the amount realized was wag 86 5 the total cos cost t per pound including smelter charges and operating expenses was cents the operating profit per pound was cents and the total operating profit for the month of december was 85 this amount added to the previous profit as shown in the previous report makes a total operating profit for 1923 of during the year 1923 ohio copper shipped pounds of wet precipitates the average moisture content was 24 per cent making a deduction of pounds leaving the dry weight pounds the average copper content throughout the entire year was per cent and the gross copper produced was pounds the smelting smelling sm elting deductions were pounds and the net copper produced was pounds the total net copper paid for by the smelter since august 1922 when we started our experiment with the leaching of the caved area is pounds the production for 1923 exceeds the production of 1918 and compares very favorably with the production ot of 1917 the last two months of 1923 shows a net production of pounds and these two months exceeded any other two months in the history of the company |