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Show ASSETS. Fixed Mines, mining claims and land I 014.00. SI Mlns dsvslopment S04.OM.00 tioiitii.il Hi: .dings, machinery and equipment Mine as at January I. Ills I 7l.TI7.TI Smelter aa at January I. IMS , 401.141. 0J 1570.000. to Mine Additions during year ended December II. 111 ... ts.M4.l6 Smelter Additions during rear ended December SI. 112 . 1M.M7.S " IT2S.H4.64 Less depreciation 101.140.01 127. 272. tt Total Sxed aasets tl.6M.6tO.74 Deferred charges against operations tl4t.77l.ll Leas amount written off 14.677. M Itl.MT.lt Sinking fund for bond redemption 4T.014.T6 Surpenie a '-counts (various mining companies) Tt.444.17 Current Accounts receivable I 44.S24.7S Inventoriee Ore. mette snd flus dust f09.00.7 Supplies Tt.tll.tl 1I6,M:.1I Unexpired Insurance I. M2.lt Copper 1n transit or at refineries or unaold but not finally settled for ttst.lll.lt I ,eu amount advanced thereon on lien 74.402. 57 t.i:i 42 Cash In banks 1M.l4t.ll Total current assets 1t.tM.tl t2.2Tl,411.t6 LIABILITIES Capital stock Authorised 6oo.fteo sharee of tt each t2.500.ooo oo Cnleaued-144-450 aharei irs.460 reserved for conversion of bonds I.Ttl.lM.oe Issued 156.660 shires of M ssch fully paid I 777.7M.M First mortgage 4 per cent convertible (old bonds H4.t0fi.oo Premium on conversion or bonds 7, T60 00 Current-Account! Current-Account! peyeble (Including pay roll and Usee accrued ac-crued i tlll.U0 94 Trustee ror DononoKiers ... Bond Interest sccrued tt.TM.2t Total current liabilities . 274. Ml. 94 Surplu" Profit for the yesr, ss per profit and lose account ac-count 1M.IM.I1 Profit and Loss Account. CHARGES. Mining I 110.777.17 Development lx.606.il Freight on compeny'i ore S7.M3.M Ore purchased. Including freight ' 1.0X1.171 02 Smelting too. 493 OS Freight on matte, converting, refining, marketing and Interest on advances ad-vances on copper 4J2.0O. 11 Pepredetlon on building! snd equipment 1102.209 01 Amount written off deferred charges 14. 677. II 110.4 94 lawe on Gregory ranch operations 2.941.69 Balance carried down 2X0.276.00 ii.eM.iM.ti Interest on bonds '" . jv. o Balance carried to balance sheet , 220.90 91 I 100.174 99 CTttSDITS. " galea of copper, allver snd geld tl. 700.0(1 . 2 Coprer tn transit or st reflneriea sold or unsold, but not flnelly nt- tled for IM.1II.M t2.6H.11f .17 Ore. mette and flue duit on hand at emelter M.010.70 Rente I.II0.M 12.001. 100, U Balance brought down m t 2M.2tToi t 2M274.90 I , |