Salt Lake Telegram | 1916-02-18 | Page 6 | Con. Earned $4.50 Rate Last Quarter

ERE 1 I RATE LAST 1ST I ii of Ray flay na Consolidated for quarter quartered II E ed led December 31 1915 shows I n i 1 amounting to pounds of per compared with in preus preus pre- pre us quarter Earnings were lat at at the rate of per share per num ium Profits were figured on copper copperI I 2021 cents per pound A comparative Income account follows 1915 tO TOP Dec ec- ec 31 Sept 30 itol ct et operation profit i. i 9 G Income income 91 1 I otal al Income s v plus after charges 1085 Based on price of cents per tr L und for copper as compared with io kents for the third quarter Production by months for the last two follows Hh 3rd 50 t month j d I ill month s hIrd month i otal President e Aldrich says y In part gt Al g oJ ela Gross production o of copper contained n concentrates for the fourth quarter as with the previous quarter folI fol- fol I ws ws' Fourth Fourth quarter 1916 1915 Pounds tober Total Average monthly production b- b Third fI quarter 1 1915 Member VV q i otal Total ai Average monthly month production r In addition Jo to copper derived from con- con ll or ores s there was Pounds in shipped die dio direct di- di nO lot t ott copper contained ores to o smelter This h cO combined with t tt copper e c contained I d In the concentrates o t bringe total groS production for the up to pounds as set in the monthly statements of pro pro- tiU Gross Gross s copper contents of concentrates And id crude ore delivered to smelter for ij the Jie 3 year rear ear 1915 was pounds as 1 compared with pounds for the preceding year T nga amount t of ore milled for the I Barter quarter was dry tons averaging per cent copper as compared with I dry tons averaging 1659 per cent centor or r the previous quarter This tonnage 1 Corresponds to a daily dally average of Sons ns ns with tons for the previous 4 a i Average net cost per pound of all coper cop- cop 5 er r produced for the quarter was ens This includes a charge of ot 12 bents per pez ton of ore milled for retirement mine d development lg n costs but is i a after i 3 JJ 1 Crediting dividends of the Ray Bay Gila alley ralley railroad revenues from gold and I liver produced and all other income