| Show REDUCING anne 13 UNDER depressed world markets many mining properties fes are almost worthless and assessments are behrig reduced says the manufacturer for instance copper mines that in the past produced millions of dollars worth of metal aie producing nothing an illustration comes from a hearing before a california tax hearing on mining property held at redding the mountain copper companas Comp anys zion mountain mine that has produced in copper and gold Is orth nothing today according to the testimony given by william F kett general manager of the company in asking that the assessment ses be reduced from t to 1 I would not accept the mine as a g gift ift said kett kelt and undertake to work it there are tons of 0 ore in sight but under present conditions it would cost 21 cents a pound to recover the copper and the metal is worth only 21 cents |
