The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-03-04

ing, and he disagreed with some of
Mr.. klepetko's figures. Mr.. Klepetkos
ngures. ne said. represent very nearly
the actual cost but he has not made in
his figures the proper charge OF depre-
citation of plant. Mr. klepetko had said
that he made no estimate of deasacia-
ton because the Butte & Boston smell
ter had been improved since + was
under his management.
Il do not think ii right" said Mr.
Heinze. mot to charge something for
depreciation of plant. 1t would seem to
me to be proper bookkeeping in estimat-
ing the profits of business to make such
a charge. Even If the smelter is inn
proved that costs something
Mr.. Heinze called attention to Mr..
klepetko's estimate of the cost of refin-
ing at thirty-five one-hundredths of a
cent per pound. The witness said that
he is now paying cent and a quarter
for refining his ore and formerly paid
two cents. The witness also said Mr.
klepetko had failed to make allowance
for the fact that from the time the ore
is mined until the money is received for
the copper, there is an interval of five
months. Interest should be charged for
use of the money. At 6 per cent inter-
est about a fourth of a cent a pound
should be added to the cost of each
fered with Mr.. Klepetko's estimate of
the cost of concentrating and calcining.
but thought Mr.. Klepetkos estimate of
cost of smelling about right. He
thought the method indicated by Mr..
klepetko of treating the Rarus ores to
be utterly theoretical and not a practi-
cal proposition. He said the New York
Metal Exchange is the result of an at
tempt on the part of a number of
brokers' to get record of the metal
market. He said that scarcely any
mining transactions take place on this
M 1yly
In private offices. The quotations in the
metal exchange are arbitrary and do
not represent actual sales. The Levi
sohn Brothers telephone in the quota
tions to them and use the exchange and
the paper to bull or bear the market as
they chose. The witness therefore dis
agreed with Mr.. Klepetko's estimate of
the price of copper as taken from the
record of this exchange. The witness
considered ten and four tenths cents a
falr price for copper during the period
of the alleged trespass. The price OBJ
tanned by the Anaconda company for its
copper in 1896 and in 1897 was 1914
Mr.. Heinze in dispnting the figures
given by Mr.. Klepetko as to the saw
ing demonstrating said that the leasers
under the Snohomish and Michael Dew
lit, Mr.. Hand and Mr.. Gille made an
agreement with him to give him half
the profits for treating their ore. They
Butte & Boston concentration and
claimed to the witness that there was
a saving of 81 per cent. there and of
only IS per cent. in his commentators
He had disputed this and test runs were
made in the two COMMENTATORS There
was saving of 6T67 in the Butte &
Boston and 64.95 in Heinzes Mr.
Heinze submitted a paper which was
a demand from the leasers for the diff
ference. This was submitted in evil
dence as controverting Mr.. Klepetkos
evidence as to the saving of eoneen-
trating being about rs per cent
Mr.. Heinze estimated the value of
l,21S.57 tons of first-class ore on the
dump, admitted to have been taken
from under the surface of the Michael
Dewitt, using Mr.. Kleptko's figures with
some of the notifications made by the
witness. at S29. 1855. He estimated
1884 tons of second class ore on the
dump. admitted to have been taken
from under the surface of the Michael
Dewitt. to have value of S37, 1863. 10.
This did not include the cost of mining
which, In the Rarus, said the witness
was VII a ton. After deducting min
ing charges the net result would be
$50, 1856. The value in the mine of
1852 tons, figured on the basis of
charges made by smelling companies in
Butte, would be s21. 1856.
Questioned as to the character of the
ore TAKEN from the Mlchael Dewitt
slopes, Mr.. Heinze said that this work
was about all done while he was in
Canada.
IL was done under the direct super
vision of Mr.. Batterman."
Is this the same Mr.. Batterman who
IS now assistant superintendent of the
Butte d Boston company?"
Yes, sir"
What did Mr.. Batterman tell you
in regard to this part of the mine?"
We object to that" said Mr.. Mar
shall.
Let them ask it." said Mr.. Lindsay.
his associate counsel I'VE can go into
it Also"
'All right: then withdraw your OBJ
jection,' said Mr.. Corbett.
You had better let the objection
stand" said Judge Knowles. Il under
stand there is sort of row in regard
TO Mr.. Batterman, and we'd better not
go into it,
I'VE would do some burning our
Selves said Mr.. Lindsay. IF this is
gone into
Mr.. Heinze was oss-examined at
great length by Mr.. Marshall. He was
questioned very closely as to the
changes he made in Mr.. Klepetko's fig
ures.
What do you think should be placed
as the transportation charge?" asked
Mr.. Marshall.
THE Anaconda company pays IS
cents The Boston & Montana company
pays So to IS cents"
L mean transportation from mines to
smelters here in town."
The Parrot pays from 20 to 25 cents"
What do you pay?"
MY costs vary"
What did you pay from the Rarus?"
We paid by cars"
We'll. reduce the cars to tons, what
would be the cost per ton?"
That depends on how much we put
in the car
Mr. Heinze finally said that he paid
less than 10 cents per ton. He agreed.
however, that Mr.. klepetkos estimate
or IL cents per ton was not exorbitant.
Mr.. Heinze found no fault with Mr..
klepetko's figures as to cost of eaIcining
and converting. He said that the econ
omical and business way TO treat the
sulphide ores of the Rarus would be to
combine them with silver ores
Mr.. Heinze then explained for Mr..
Marshall more fully what he meant nv