Show annual report issued by tintic gintic standard co statistical information of great interest Is contained in a complete statement as of december 31 1922 mailed recently to stockholders of the standard mining company this statement is necessarily only preliminary to the one to be mailed to stockholders in february since production and income totals tor for the month of december necessarily were only approximations that an excellent record has been made by the big producer 13 1 3 self evident upon analysis of the figures submitted to stockholders by president and general manager b J in this preliminary re port the healthful condition of the company and the profitable results of milling and shipping operations are reflected by the cash reserve held in the treasury amounting to 67 including 6 f tor or taxes and af after ter payment of the current dividend of payment of current dividend no ZO 20 will bring the grand total of the comp company anys s disbursements to 1 in addition to disbursing this amount to stockholders the corn com pany has paid tor for the construction of a railroad costing meanwhile a milling plant has been erected brought to a high standpoint of efficiency and paid for during the year especially recent months according to the reports of company officials the mill has been giving excellent services mill pro ducts tor for the first ten months of the year are credited with a total gross operating income of 22 and for november and de cember 98 aggregating for the year 20 shipments of smelting ore are credited with 1 43 up to november and an estimated total of 4 5 0 8 7 2 4 f tor or december giving the aggregate production of smelter ore a value of 1 70 in all the approximations of production tor for the month of december general manager has apparently put his estimates low in order that he may be well within the conserva tive margin gross operation in come of the company tor for the year totals 2 01 shipments for the year mate 96 dry tons 0 of f ore average assays of 19 t tons ons of sil sit ver lead ore were ounce of gold 35 59 ounces ot of silver 22 4 per cent lead and 43 per cent cop per 11 dry tons of siliceous silver ore assayed ounce of gold 3 37 7 9 94 4 ounces ot of silver 4 9 1 per cent lead and 0 70 per cent co o 0 11 per 65 dry tons ot of milling ork or 03 ounce ot of gold 16 58 oun ounces es ot sliver silver 4 43 per cent lead a and re d 39 per cent copper disbursements are listed as as tol fol lows disbursements accounts and notes payable tor for 1921 67 64 mining ot of ore 09 milling ot of ore 92 freight on ore 10 treatment charges ore and mill products 55 freight and express mill product 17 21 sampling and umpires 14 34 miscellaneous 3 27 building and machinery repairs 1 3 0 3 8 80 0 capital expenditures 62 74 administrative ex pense office 6 53 expense legal 2 64 salaries ot of and clerks 23 80 taxes paid 78 18 dividend no 18 58 dividend no 19 58 dividend december no 20 total dividends de berred charges 65 37 cash ro ri serve tor for taxes 67 liquid assets demand notes receivable 64 75 ore and mill products in transit 22 U S government bonds war savings stamps cash on hand 73 51 total 49 grand total 2 34 receipts cash on hand dc de 31 1921 5 57 notes receivable dec 31 1921 64 76 war sai a ings stamps gross operating income smelting ore to november r 30 1922 1 42 estimates estr esth mates nates tor for december 1922 45 24 mill products to october 31 1922 22 estimate november aid and december 1922 98 non noa operating income 11 OGI 14 i total 2 34 |