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Show WHAT IT COSTS TO IWAKEJED METAL New Companies of Nevada and Utah Stand High in the List. In this tlmo of excessive production, part of It at a loss, with curtailment under un-der discussion but not actually In sight, the cost of producing coppor) Is of particular par-ticular Interest. We have tabulated some of the figures for 1909, as reported officially offi-cially by tho companies, as follows, says tho Engineering & Mining Journal: rViat Company. Production, per Lb. Nevada Consolidated ... 31,527.823 7.14 Baltic 17.S14.836 7.98 Champion 18,005,071 8.45 Utah Coppor Co 51,7 19,233 S.74 Rod Metal 31.651,971 8. 9S Calumet & Hecla 75,000,000 9.00 United Vcrdo 36,694,063 9.00 Butto &. Boston 20.955,910 9.21 Boston & Montana ,...101.951,350 9.38 Osceola 25,296.657 9. 17 Superior & Pittsburg... 21,325.667 9.66 Calumet & Arizona 27,630,050 9.68 British Columbia 6.325.000 9.77 North Butte ..'.....t 33.102,153 9.78 Qulncv 22,511,984 s 9.98 Phelps. Dodge & Co 10S.542.964 10.00 Total. 10c 639.087.732 Utah Consolidated 10.043.900' 10.07 L S. Smelting Co 30,672.606 10.12 Granby 22,000,000 10.50 Trenton 7.168,318 10.61 Tonncssee 14,058,954 10.08 Total. 10-llc S9.943.77S Total, 11c 729,031.510 Anaconda ." 76.335.433 11.07 Mohawk 11.24S.47-I 11-21 Arizona 31.902.000 11.41 Old Dominion ' 25,417,712 11.43 Canunea 44.547.0S9 11.61 Imperial 10.500.000 11.87 Total. ll-12c 200.011, 30S ..... Total. 12c 929.042.S1S Shannon ..' 17.553,213 12.79 Franklin 1,615,556 13.35 Allouez :..f... 4.031.532 13.39 Trimountain 5.2S2.404 13. S9 Tamarack 13,533.207 14.30 Ahmcck 9.19S.110 15.48 Centennial 2.5S3.793 15.61 Parrott ' 5,407,255 16.28 Isle Royalo 5,719,015 10.64 Victoria 1.002.218 17.09 Total. 12-lSc 65,986,303 The above statistics are computed from the official reports of the respective com-, panics, except in the cases of Calumet & Hecla, United Verde, and Granby. which are estimated. They are all for the calendar cal-endar year except Imperial and Nevada Consolidated, which are for their fiscal years ending September 30. The constituent con-stituent companies of the Amalgamated are reported separately, their output aggregating ag-gregating 246.7S4.997 pounds, but the Washoe Is not Included, Its llgures being unavailable. In all cases the proceeds of gold and silver, aro deducted from the total expense before determining the cost of conncr except for the United Suites Smelling company, for which the cost Is prorated among tho metals produced. The production thus reported aggregates aggre-gates 995,029.121 pounds out of the total" of 1.2S5, 809,280 pounds produced In North America In 1909. Of the unenumeratcd copper a little is cheap, like that of Or-fortl Or-fortl and Wolverine, somo probably cost from 10c to 11c, like that of Boston Consolidated, Con-solidated, and a good deal Including tho production of many small mines, going chiefly to the custom smelling works, was undoubtedly of a cost in excess of 12 cents. Slnco the end of 1909 there have been some Important changes In conditions. Thus Nevada Consolidated and Utah have Increased their production; cheap coppor in both cases. Anaconda reports a material ma-terial economy by virtue of its consolidation. consoli-dation. On the othor hand, tho cost to Cananea. North Butto and Calumet & Arizona has probably been Increasing because be-cause of the Impoverishment of their ores. The high cost of the Ahmcek copper cop-per was, of course, due to that mine being be-ing still in tho development stage. Wo have many times remarked the danger of attempting to deduce costs from tho returns for a single year. Those for 1909 are to be taken merely as Indicative In-dicative of general conditions. Some of tho copper producing companies keep their accounts in reliable ways. No one will be likely to question those of Calumet Calu-met & Hecla and Phelps, Dodge & Co. The Amalgamated companies lean over backward In determining their costs and there need be no suspicion that they tall to tell the wholo story. Not so with some of the others. The last year having been of relatively low price for the metal, and following another year of less than average aver-age price, the chances arc that items of operation have In many cases been charged to capital account, rathor than vice versa, and that the costs reported for 1909 arc too low rather than too high. r . |