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Show REPORT OF BLACK JACKJS ISSUED Rather Lean Period Is Ended, but Overdraft Has Been Reduced. WAITING FOR THE MILL : Third and Sixth Levels Are to Be Given Attention During Year. The annual report of the Black Jack Consolidated Mining compuny was received re-ceived locally Tuesday morning, the annual an-nual stockholders' mooting having been held on the 3rd of tho month. Treasurer W. Lester Mangum issues tho following financial account for the porlod from Scpl. 1, 1311, to September 1, 1012: Receipts. Whcclock &. Smith, lease 619.31 Vet Whiting, lcaso - S.3SS.75 Hlgglnson, loaso 3.069.2S Dragon Con. Mining Co 4,150.44 Assessments 3,974.33 Advertising 65.59 Oro J-ales I S3. 21 Plant 25.00 Overdraft September 1. 1312... 2,407.63 $23,S30.13 Disbursements. Overdraft September 1, M911 . . . . 4,478.42 Whcclock Xr. Smith, lease 475.19 Vet Whiting, lease 2,581.76 Higginson, lease 2,301.07 Ore freight , 60.3S Operating S09.44 Accounts payable 6,272 32 Taxes 48.33 Legal expens-cs 6,417.12 Interest 124.70 $23,390.13 E. F. Birch, assistant manager, makes the following report: Operations during the year under consideration con-sideration have been confined almost entirely en-tirely to the old Star Con. ground, embracing em-bracing tho southern section of the property, prop-erty, which necessitated repairing the shaft, connecting with the haulage tunnel tun-nel to the railway, and a general overhauling over-hauling of equipment and hoisting plant. Tills work was accomplished early In tho present year, and exploration begun. t Favorable Condition, On the 300 level a crosscut baa beeD run west to cut a fisuuro cropping on the surface, but has been temporarily suspended sus-pended to permit Iho pushing of a drift from the 600 level to explore a cross break which produced ore on the 300 level, and at the same time prospect the fissure which tho suspended crosscut was intended to encounter. This drift has now passed through what Is known as Iho white llmo Into the gray or dolomite lime, which is favorable to making ore. and prospecting this section Is in progress, prog-ress, but ore has not yet been discovered. discov-ered. Of tho following footage of 121S.5 feet for tho year, 64 feet of drlftB, 339 feet of crosscuts and 175 fe.et of raises were driven under contract for the Dragon Consolidated Mining company in Its territory: ter-ritory: Footage: Tunnels 310 Drifts , 616.5 Crosscuts , 336.0 Raises '. 175.0 Total 121S.5 Ore Production. Lease: 1468.417 tons iron ore ncliing in i-oyaltien $313.93 771.444 tons lead-silver and sllicious ore. notting In royalties 311.43 Company: 35.475 tons lead-silver ore, netting. 12S.86 Total 51954. 2S Metal Contents. Gold, ounces 151 77 Silver, ounces 7,956.56 Lead, pounds 65,976.00 Copper, pounds 14,197.00 The ore production by tho company axid by lease, as shown above, has been insufficient in-sufficient to meet operating expense?, and while there is now ready for shipment ship-ment approximately 100 tons of $15 to $18 ore, and thero lr, considerable low grade ore which can be milled at a profit, the management does not anticipate placing the mine on a paying bails from ore now developed, until the proposed mill to be built in the district within the next six months Is placed In commission. It 1; tho policy to continue prospecting on the 300 and 600 levels and to ship whatever ore can be mined at a profit, which is now developed. Nevadas in San Francisco. .TRines A. Pollock & Co.. bankers and brokers, furnish the following, received over their private wiro yesterday afternoon: after-noon: I Bid. I Asked. Goldfleld 1 j Columbia. Mountain f $ .04 Jumbo Extension .30 .31 Vernal 13 Booth 06 Blue Bull I .07 Silver Fick .10 Lone Star 05 Oro 03 .04 Atlanta 20 .21 Florence 85 Combination Fraction 13 .15 Kowanos 06 Spearhead 04 Yellow Tiger 04 .05 Goldflold Consolidated .... 2.86 C. O. D .10 Merger Mines 31 .32 Comstock Ophir 71 .73 Mexican 2.95 S.OO Gould and Curry 02 .03 Consolidated Virginia 44 .45 Savage 03 Uale and Norcrosa 08 .09 Tellow Jacket 30 Sierra Nevada 10 .11 Exchequer 02 Union 65 .66 Chollar ns Potosl 02 .03 Mlzpah Extension 1.00 Tonopah 6.75 Tonopah Nevada 6.75 Montana Tonopah 2.221 Tonopah Extension 2.70 MacNamara .23 Midway ,r,7 Tonopah Belmont g.75 Tonopah North Star 22 .24 West End Consolidated... 1.70 1.721 Rescue 13 .20 Jim Butler 73 .74 Cash Boy .OS .09 Monarch Pittsburg Ex 26 .27 Umatilla o .or, Tonopah Merger 00 3.00 Manhattan f Manhattan Consolidated ..I .17 j3 G. Wedgo OS lDexter 04 Other Districts-Nevada Districts-Nevada Hills 1.80 1.874 Pittsburg Silver Peak ns ..... Round Mountain .40 .". Metal Market. Tlie tntnl quotations for Tuesday I posted by MoCornick fc Co., were au follows: fol-lows: Silver, f3ic: lHd, 55.10; copper,. ?17 45. |