New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-03

yailng high meta. prices, the manage
ment Of the company feels that tne
company has been placed IN a very
strong position. Renewals and re-
placements have been made to such an
extent that all plants Of the company
which will be required for normal ope-
rations are upon n reconstructed basis,
and should provide adequately for ope-
rating requirements for an indefinite
period"
What Mines Produced
The mines of the company produced
during the year 5,582,076 tons OF ore
and 1851 tons of precipitates,
total of 5,589,157 tons. The copper
reduction works treated for all COM
panies during the year 5,l93,572 tons
of ore and other cupriferous material
at Anaconda and 8l3,495 tons OF ore
and other cupriferous material at
Great Falls. OF this amount 5,2I3,O65
tons of ore were produced by company
mines, 724,355 tons of ore were either
purchased from or treated for other
companies, 9.646 tons OF precipitates,
and cleanlngs from the old works at
I
Anaconda there were produced 2S7 ,0s2,-
079 pounds of fine copper. lO,624,l4
ounces of silver and 81 1893 ounces OF
gold. At Great Falls there were pro-
duced 44,S11,l94 pounds of fine copper,
I2l3.O22 ounces of silver and l0,1O6
ounces of gold. Or total production
at both Anaconda and Great Falls cop
per plants Of 33l ,S93,273 pounds of fine
copper, 1887 ,769 ounces of silver, and
92.099 ounces of gold. OF the total
production at these plants, 3OI 800 ,O92
pounds of fine copper, 10,7sO,7O5
ounces of silver, and 92O99 ounces
CT gold were produced from the mines
of the company.
The zinc plants at Anaconda and
Great Falls treated for all companies
during the year 196,6S0 tons of ore
and other zinciferous material, OF
which amount 1924 tons Of orc
were produced by company mines and
54455 tons were purchased from
ether companies. At Anaconda there
were produced during the year S,32O,-
522 pounds of electrolytic zinc and at
Great Falls 12,585,9l7 pounds, or
total of 20,9O6,439 pounds.
The new copper electrolytic and fur
mace rcfineries at Great Falls were
completed and began operating IN
March, 1915. The output Of the cleo
trolytic tank house during the year was
127,620,0O0 pounds of catholics, 56,Oo2'-
600 pounds of which were melted into
shapes in the new furnace refinery at
Great Falls. and the balance shipped 70
the plant of the Raritan Copper WORKS
for melting. At the close OF the year
the electrolytic refinery was running at
Z
per month, and the furnace refinery az
the same rate. both plants exceeding
their respective estimated capacities by
about 100000 pounds per month
Zinc Output Increases
President Ryan speaks of the en-
trance of the company into the held as
a large producer of high grade electro
lytic zinc as perhaps the most lmpor-
tant event of the year. At the close
of the wear the new plant, which be-
gan operating in September, was turn
ING out zinc at the rate of 100000
pounds a day.
During the year the company added
materially to its investments in securl-
ties of other companies, expanding ST.
o68 1886 for this purpose. This amount
included the total cost of the stock or
the Andes Copper Company acquired TO
December 81 last. The principal pur-
chases of other stocks were as follows:
2O.740 shares of Alice Gold and Silver
Mining Company. making a total hold
ing in the Alice company OF 3s2,9l2
shares, out of total Of 100000 issued;
26,lOO shares of Greene Cananea Cop
per Company, making a total holding
in this company of $4,000 shares; 3d..
900 shares of Inspiration Consolidated
Copper Company, making total hold
ing in this company of 100000 shares;
1s8,3OO shares of Butte Copper and
Zinc Company.
The income account compares as fol-
lows:
Revenues 1916. 1910.
Sales of copper,
lead, silver
roe oo1 1no ee3 d13 eY1