The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1875-12-18

Gross assay value Of all ore.... ......SlS,7Yl %
Value to the company as per schedule,
~ percent. S13, 154 IS
Less charge for smelling, at $40 per rratFn
ton, 453 tons, less 16 tons dryage, 437
ss,74o 90
Amount that should have been paid for
the ores s4,414 IS
Amount Mr.. Ford states in his report
he did $3.50 43
Making an actual loss to the company
on schedule rates, on ores purchased
Dy MIN, of....... 49,. ...-........ $3.50 08
If Mr.. Ford had purchased ores at schedule
rates, the following would have been the result
Assay value of ore-437 tons. $500. SIS, 791 90
Purchased at 20 per cent. of its value,
would oe...-... ................. S13 ia IS
Less $50 per ton charged for smelling s,74O DO
Leaving actual cost to company.... S4.414 as
Add the actual cost of smelling, as per D $
Mr.. Ford's statement, at SIS % per ton
IOr 40f TONS Sc ,651 IA
And we have the cost of product Of
puliion I'll ,065 40
Now from the assay value of ore in sill
.$1S ,791 SO
Take the cost of production. of bullion IL ,065 40
And it leaves a margin for profit OF. /. 81, 726 "A
Add to this the value of lead in ores,
say ia tons, at $50 per ton.......... 50, 920 90
Total margin for profit. 81. GAG "A
Now let us see the result of smelling
437 tons of ore, value in silver ISIS 79I 90
Containing 124 tons of lead, valued at. 1920 90
Amt of bullion produced was So tons, .sa. a
1903 lbs, and the assay value in silver,
as per ). Gumbiner, average, S172 80. S14 $50 SO
And 81 tons, 1856 lbs lead, as per s. Gum--
oiner' value 6,495 Sc
Total value of bullion. .S21 AS 81
Beng T9H per cent of silver, and IS per cent.
of lead contained in the ores.
In reduction of any loss by smelling. we find
at the furnace a residue of about 8 tons of con.
per mat. which contains a large per cent. of
lead and silver. It is also q fact known to
shelters, that any new furnace will absorb a
large per cent. of silver and lead, and in this
instance, say 5 tons. There are also living at the
furnace about rs tons Of ore, value not aecar-
tanned, although the quantity has been consid.
ered IN the above estimate. 1t can also be seen
by referring to the tabular statement of mines.
that 191 tons of ore contained less than 40 ner
cent. of lead. and Is tons less than SIS in silver
per ton. Besides the above, there has not heon
taken into account ten tons of cupalo cleaninos
which is worth about s43 per ton, and % ner
cent. in lead.
In further proof of the skilIful sme,ti mo- of
the ores, we find the average ASSAYS Of the cloo
taken daily, while running, as per s. Gumbiner
to De % 80 in silver, and s per cent. lead. per
ton. ~ -
In conclusion. taking the amount of sill
yer contained in the bullion at,... $I4 e5o az
10 TINS add the product in lead........ 6.495 56
The gross product of bullion was. .S21. AS o.
Take from this the cost of smelling 437
tons of ore, at SIS % per ton Sc ,651 IA
Add wat the ore should have
cost, at schedule rates 49,. S4.4I4 IS Ioe5 40
Showing a profit in the smelling de-
is SIC. $3.50 As
Which was lost through Mr. Ford's incompet-
ency and other acknowledgement.
A.. SKILLMAN,
VIM. PARDY,
Hamilton, Dec. Is, 1875.
Following is the report of superintendent
ford, as published in the NEWS of last Saturday,
which IL onpopdal f1-.<l-