Show I I ANNUAL REPORT OF NEVADA CON President Phillips Says Report Will VIII Contain Cont Great Deal Dell of In Information information formation In the tho third calendar quarterly re reo report report port of the tho Nevada Consolidated Cop Copper Copper Copper per company compan President James Phillips states statoN that the thc annual report soon to tobe tobe be he issued hued will contain the tho full CuIl details of oC operations ore reserves rOS TS financial condition etc otc and the tho west expects this annual statement to show u a de decided elder Increase in m developed tonnage o by br virtue of the iho drill operations which have been on for far tho the past soy sev several B Boral oral eral months It Is of o Interest in this connection to state that the portion of tho the Ne Nevada Nevada Nevada vada Consolidated d estate that section which received ho major part of o at attention in tho the and also the Molson reports namely tho the Ruth has IHl remained practically untouched by b the tho management although It was tho the show showIng showIng Ing In existing In the tho Ruth Huth mine which clinched the iho I deal by which the Gug Guggenheim Guggenheim genheim and lIld associate Interests bo ho beI camo came the The Tho Copper COIl per Flat section which has produced all nil the I copper ores so far Car at that early stage tH of the game ame was considered among j I the also column I Western stockholders have havo ha 0 compared ed cd tho ro for the third quarter with those e which have gone ono before and It Is Interesting to Lo note that tho the output remained practically tho the same pounds for tIle the third period pr rod and pounds for tho the second quarter of oC 1010 The Tho general aver vor average n ago age of the thc ore treated during tho the third quarter was 2 20 per let cent copper while It U was only 2 per er cent for the tho second quarter Tho earnings 8 from front the mine investments and miscellaneous sources the latter littler two Items no doubt Including the profits from the tho Nevada Northern railroad and the smelting works during the third quarter were and aull for the thc second quarter So while the third quarters output out output I put wa twos reduced only pounds of supper copper thu the not net earnings wore were less les than the tho previous period l j and the lute th fact tint that the br j jing ft Ing Iho third earned l 15 I 1 pound of copper to the thc ton ion ton against n 10 0 of o the tho second quarter The Thc cost of or production par por pound for the lice third quarter was ii S colln j I cenis S Stor I for tor quarter tho rho second and 7 i U for or iho ho I |