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Show Annual Report of Kerr Lake Company Tho Kerr Lake Mining company has Issued Its annual report for tho vcar ended August 31. 1910. The Income account comparer? na follows- 19i0. 1909. Changes. Increase. proceeds of ore sale? and miscellaneous Income. ...$1,512,191 Jl.3S6.511 5155.650 Cost of production, shipping, etc 313.971 257.197 S6.477 Net profits -1,198.220 1,129.017 63,173 The Kerr Lako Mining company of New York, t ho holding company, reports na follows: Dividends received from Ko rr Lake Mining company, limited, and miscellaneous interest. $1,052,371: admin istra'tlve and goneral expenses. S1S.2S6; United StatoH Internal revenue, $9103; dl vldendH paid. $990,000; aurplus, $34,9S1. There wa's produced during the year 3,046.295 ounces of silver. Tho general balance shet of the Ko rr Lake Mining company of Now York shows assets as follows: Korr Lake Min ing company, limited, slock, $3,000,000; cash, $23,605; Interest accrued, $96: total. $34023.702. Liabilities Capital stock, $3,000,000; miscellaneous. $763; profit ami loss surplus. sur-plus. $22,939: total. $3,023,702. |