Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-06-04
HORN SILVER FIGURES.

The Mining World has this to say
of the Horn silver:
This Is one of the more profitable
mines in Utah. II Is situated at FIRES
no in Beaver county, is capitalized at
$4,000, 600, and pays quarterly diI-
bends Of cents per share (S2O, 5000,
and since Incarceration his distributed
among its stockholders S5.6O2,000.
The Horn Silver property produced
originally silver lead and little gold
but in recent years IL has yielded
substantial quantities of zinc and cop
per For 1906 the sales of zinc ore
amounted to 1864 net tons, showing
cent zinc, 10 to 2o.70 per cent lead,
and 40 To 1920 ounces silver. The
selling price varied from SS15 to
$685. per ton. and the total amount
Was S22,0ST, m average of s1S.4O per
ton. The output Of zinc for 1909 was
l,04IIOl pounds
The sales of copper ore last year
amounted 10 1873 net tons showing
average assays OF 1910 Ia S2o.30 per
cent copper. 1870 to 1860 per cent
lead, and $50 TO 40 ounces silver
with little gold. The selling price
was S34.61 to SIS per ton, making the
total amount 1920. an average Of
S4a.70 per ton, The production Of
copper for 1905 was $685. pounds
mcnt in 1905. / g. 1914 net tons of crude
ore containing from eco to S3.40
otrccs silver, mp 10 $500 per cent
lead. and n little gold. which was sold
for sl47964, an average of S1l1g per
ton. The output Of lease ore mot in
Guiding - net tons zinc ore) amount
cd tn SUI net tons, containing from
ITO TO 1910 ounces silver 400 10
ana per cent lead, and q little gold
fsl, tsHl ~
acr OF S16.6l per ton, II cost $500
to produce one ton ~ crude ore,
In addition there were sales Of 90
noi tons ~ concentrates assaying
1850 ounces silver. 1910 per cent
load and 0.o3 ounce OF gold. which
brought SI5S or an average OF Sl2.03
per ton
The receipts for 1905 We're sI9o.Gl0
from sales Of ore and concentrates,
S1.iO8 interest. and t4gl house rents.
etc. az Franklin smeltcr total, Sl92.-
ga. Adding 10 this S5j,I69 balance
brought forward from 1905, makes a
fetal of S24S,2S2.
Expenditures for the year We're
Mining timber coal, wood and sup
plies. Sl2.S2T; labor Si9,S79, total
OF t62.20G. ana ore lease royalties,
SSh52: taxes. salaries insurance, rent
rrpairs etc. S32051 construction
sampUng plant S1,fi0; Alexander
mine taxes. etc. 1851: dividends tfour
of Q cents per share eaChl. $4,000;
total. SlS4.936 Add Ia this the bal
dance cash on hand Of SiS,l70, call
loans slO00o, ana inventory Of Tim
por. supplies etc, of S5,l61, or to-
tai of S63, 3A6.
The assets of the company In adj
dillon 10 the mine are Outstanding
amounts Of doubtful value due 10
company sJT5,i65, wash on hand and
az store, sGl6S5, call loans slQ,-
600. bills receivable, notes secured by
real estate Of doubtful value $4,000,
yalnc of stock al mine ana store, etc,
$4,000 works and plant at Franlslyn
AT cost, S179,06G; hosting works AT
cost, S4S.59G, real etato at Frisco,
S9,O77; concentrating plant. AT cost
s7A21O. total Sl076,479. There are
no liabilities,
Tho officers Of the company are Al
Ian e. Washington. president, Juan NJ
Cohallos, vicV president and Ambrose
J. Harrison. secretary and treasurer
The directors are Allan G, Washing
ton, Juan NJ. Ceballos, Theodore Il
Moore, william r. Britton, John
sharp II ;, Young, and y r. Farms
worth Mr., Fantnsworlh Il the mine
| manager,