Show RESUlTS OF ALASKA 1 GOLD GULD PAST PASTIn YEAR I In April 1915 Alaska Gold sold MIl oId at Ctt 40 O which there hero aro are The convertible con bonds of or two Issues of each sold ol up to toI I 16 lliO On Saturday Sal declined to a ni aI anew niI I ne new low point of s Mi 14 while the thc bonds lIon are tl down wn to SO SO says the tho Boston o ton News New ew ewo No o unusual development have lu transpired trans trans- at aC the property beyond those thOM which are arc currently set net forth In III the the- monthly statements Combining th these 8 reports for forthe forthe forthe the year ear 1916 w we find that AI ALiska Gold treated cl ions on ons of or or ore which hall had hada a t gross pross value of or u. u per 1111 ton Ion De Deducting Deduct Deduct- lug ing los nes In th the mill t tailings of or 2 22 rents cents per ton there I Is found to liars have be ben n I 1511 por tots ton nt nl reco r recovery rr for Cor or the year ear earI This III compares with Ill 93 13 cents enl per ton III In I 1913 Reducing these there rl figures urt to n a th theoretical l I Income account ve ue e ha t tho h following I I for fOI the twelve months of or 1916 j I II 1 I Net ft sold gold 0 II recovered leCO I IrI 1 I I h cost rosl 71 il cents nl per tall Ion oh as AK In 1915 I Net Pt profit I t 6 p per Z cent cont Interest l on 3 bonds Surplus pits or Of cour course e. e It will 1 I b ha seen sects at once oner that after artel such uch development nt expenditures as have hao not be bers n Into current account ac lC- ac- ac small balance left count there is a very fn for tIme the 0 of or stock In this connection It way mAY W ie that In inthe the year 1 1915 1 I lIme Hie he t-o t culled called deferred j charges ts to operations amounted to 8 I I o A sImilar expenditure for development develop elop I merit ment this eam ai would reduce rl surplus earnings s close clos t tu to thin the vanishing point I Alaska Gold oit i s In co cost t of property prop prop- crl erty etty and anti development nt an UI expenditure dr I clone dore to At 40 JI per I share hare the property prop Im hind had a lIIn value valise of over liver 30 Today It IK Is selling sellin fo for I or 2 h u-n u th than n has haK been n In Invested st d dIn In It I |