Show NEVADA CON S QUARTERLY PROmS I IThe officers oW- oW The sworn wor report made by local C cers U of ot the tho Nevada Consolidated Copper company m for r the e quarter te ending n March ro ron 31 31 1899 to tb the state bullion u tax a cot col- Ie lei tor tor which lisa has ha Just been filed ted Is II as follows Gross yield Extraction cost coat t 11 Transportation t Reduction Net et yield 47 The report of the Ely Cumberland company l la is as follows Gross yield p Iel cost ost Transportation Reduction ton Toss Loss for tor quarter Nevada eada Consolidated The report of the for tor the quarter ending December 31 31 1908 1905 showed tho the net earnings of ot the company to be The Tho gross gros yield for that quarter was given aa s While hlo rule the gross yield Ild for that quarter was 31 2549 less titan than for or tho the quarter ending March 31 31 1909 It app appears that the compans company's com coin pans pany's net earnings then exceeded that of the last lat quarter b by Considering the additional tonnage handled handle by tho the company for tor the last quarter quarter the general result must be bo considered con con- as a disappointment to stockholders stockholders stock stock- stoc- stoc holders says the Ely Record These reports are arc partially estimated the on the tho amount of ot copper made mado during quarter and still on hand or in transit and the selling tl price of ot the thc metal still they thy arc are probably substantially correct Of Ot course these thelo fl figures res do not mean man that the companies are not actually earnIng earning earn earn- ing ins more money than the report would seem to indicate for or the companies own on the tho railroad over which the ore Is transported trans trans- ported and also own tho the reduction plant and it Is reasonable to suppose that both bothof of these theBe companies have ha e mado made a liberal profit in tho the business The reports however as a while aro are far tar from encouraging They show that Cumberland Cumba Ely Eb has not mado made a dollar dolar directly from Its ores since operations were er begun last July and that the tho total net yield for tor Nevada evad Consolidated for tho the same sante sam period perio was only These rhese reports art are not supposed to In Include In- In elude clude the large expenditures made by bythe bytho bytho tho the companies In plant construction but butare butare butare are supposed to show chow tho the amount of net money made on the ore after c deducing e actual r cost of transportation tr and n treat treat- 1 ment |