| OCR Text |
Show ' " ' ' " " " f Ohio Copper Makes Report In the annual report given out by the Ohio Copper Co. some interesting in-teresting facts are disclosed of which tlie following may prove of interest. 'lhe total number of gallons of water treated during 1924 was 672,408,000 which is equivalent equiv-alent to 2,801,700 tons. The average av-erage copper content was 4.0302 pounds to the ton of water and the total copper content therefore there-fore was 11,639,345 pounds. The recovery based on the daily estimates es-timates of the plant, was 11,290, 163 pounds, which represents 97 per cent of the copper contained con-tained in the heads. In the tailing water was 349, 180 pounds. Of this amount in the tailings was recovered, in the outside plant, 2U6.465 pounds, making a total recovery in pounds of copper cop-per of 11,496,530; the amount lost in the tails was 132,815 lbs. Taking these two recoveries both from the inside plant and from the outside plant, it shows a recovery of 98.77 per cent of the copper contained in the heads. During the same period shipments ship-ments to the smelter consisted of 18,127,220 pounds. The average av-erage moisture content was 28. 67 per cent which made a deduction deduc-tion of 5,208,088 pounds, leaving the dry weight 12,919,132 lbs. The average copper content was 88.99 per cent and the gross copper shipped to the smelter was 11,496,530 pounds. The cop per deduction made by the smelter smel-ter was 381,201 pounds leaving the net paid for by the smelter 11,115,329 pounds. The average price paid by the smelter was 12,876 cents per lb. and the amount realized therefrom there-from was $1,431,217.26. The total to-tal cost per pound, including the smelter charges was 6.815 cents and the operating profit for the period per pound, was 7.061 cts. and the total operating profit for the year is $784,759.56. The average monthly profit therefore, there-fore, for the year was $65,396. 62. |
