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Show I TONOPAH- MINING IS HOLDING EARNINGS WELI The quarterly reports of the Tonopah Mining company are being received by western stockholders, covering the period pe-riod closing on May 31 last. The receipts re-ceipts from the ore milled at tho Dcs-erot Dcs-erot plant amounted to $S40,S05. the mining min-ing and milling expenses were $351,000. giving as net earnings $48S,005 from mine operations, to which should be added about J10.000 from miscellaneous receipts. The company had cash on hand amounting amount-ing to 531,372. The figures when compared com-pared with tho total net earnings for the years cndIngFebruary 28. 1900, and 1910 show a slight decrease, due, no doubt, to tho Increased cost of production produc-tion as additional depth is being gained. Tho net earnings for tho year ending February 28. 1909, were 53.660,752, and for 1010 $3,471,328. |