Bisbee daily review., 1906-10-25
POLICY OF TREATING
 LOWER GRADE ORES
That Has Characterised 0per-
 ations at Cananea During Last Year.

President W. c. Greene. in his an nual report to stockholders, says in part:
 The total expenditure during the year was $l,749.946. as compared with sS52.995 in the preceding year.
 Although the amount of ore treated has been very largely increased dur ing the past year. facilities for hand ling double our present tonnage have been provided and our mines are open sufficiently 10 more than meet any demands that may be made upon them
 in case it should be decided to in crease our present concentrating ca pacity.
 The policy of the company in main taining aS nearly as practicable a uniform production has been contin-
 ued, and as the capacity of your plant
 has increased and the price of copper has advanced. a larger proportion or lowgrade ores has been treated. Dur ing the previous fiscal year the num- Der of tons necessary to treat in or der to produce one ton of copper was 22.77,, while during the year under
 .oview it was 34l3. While our re- serves of high-grade smelling ore
 have been largely increased, yet the tonnage of low-grade concentrating
 ores has increased in a very much larger ratio. The fact that while treat | ing an ore of apparently lower grade
 we have been enabled to maintain l our earnings, emphasizes the neces- Bity for snereased cdncentrator ca- I pacity to enable us to utilize our vast ,.y increased reserves of low-gradc ores.
 The Cananea Consolidated Copper leo. has constructed 52 hlometeis of brosd-guage road, connecting the mills of the company at Dedrick with the Chihuahua & Pacific railroad at Te-
 mosachic, which is now practically
 completed, while a plant is being in
 stalled. By Jan. l, 1907, it is antic- lipated that our entire timber supply
 will be received from this source. 1 Specifications are being prepared J fer an increase in the concentrating l plant, and this installation will proU- lably be made during the coming year. 1.-The company now numbers 7792 stock
 holders, thus giving very wide dis !tribution of stock, and placing the se-
 curities of the company in much lstronger position than ever before, and Ilessening the possibility of manipule- ltion in its stock
 There were smelted. railroad scale weights: 1S6,Sl1 tons fi.st-class ores, l225,353 tons concentrates, 412,1G5 ltons first-class material, l90,S51 tons lfluxes and by-products, 60S,01G tons
 total charge excluding coke.
 There was produced, Gin pounds)
 Bessemer copper bars tsmelter
 weights) 46.116.370.
 lie equivalent Of above in flue dust Iexported 3,919,791.
 The equivalent of above in matte exported 6O7.249.
 Total smelter production 50,G43.4 The mines produced in addition to the above, it's equivalent in ores and concentrates exported 5.30G,32S. Total production 55,94S,73S. ! The precious metal contents of Bes. z semer copper bars. smelter by-prod- 7 ucts, ores and concentrates exported lamOunted to, Gin ounces): 3 Gold 3.SQ7. Silver 400.734.
 Or, per ton of copper produced: Gold .136. Silver 14.326.
 The reverberatory furnace went into ? commission during the month of April } hut for various causes and local con , ditions, a steady tohnage was not z maintained until July. At the close of the fiscal year it had treated a to , tai of 400 tons of flue dust, and was 7 maintaining Q daily tonnage slightly : in excess of 100 tons per diem. J ><> . <<% z . - . . . . . . .