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Cost subdivided as iolloty>: <br />LaUor ............................................$o.7zG6 per ton <br />Supcrintcttdent and office ............................ .1133 <br />Lnloading ....................................... .1zoo <br />Supplies .......................................... .ogoo <br />i1 Limc ............................................ .ISGG <br />Coke ............................................. .Sooo <br />.-_~:. <br />actual cost of smelting, per ton .......................$LgS6~ <br />Disposition of matte ................................ t.t~GG <br />T~cK;I cost per ton .................................$3.l~gt <br />The profit derived through disposing of the enriched matte at an incretsed price for the gold. <br />silver ;uxl copper contents. aUove that paid for in the cntdc ore, amounts to a sum equal to the profit <br />derived through the difference of ti•rtting ore as charged ore se]Iers and actual cost of smelting. Than <br />this m:q not appear strange, it might he tt•cll to espl:tin that the great amount of this second profit <br />is clue to the difference in the price oi.coppcr as paid for in ores carn•ing onl}• small percentages and <br />the price received for s:mte in form of the enriched matte where the contents are go per cent. and up- <br />aards in copper, <br />:\, the ores of the county all carry some copper, many with a percentage trx~ small to pay Gn~. <br />which :unount is, however, sated Uc smelting, and therefore all profit, it can Ue rcadi]y seen that thi< <br />s:ntrce for profit is eery large. The smelting records of the company conclusit•elp prove that this prolit <br />:nnnunts to S3.oo anc] upwards per ton, or a tot:d profit per clay on 1 ~o tons of $40.00. <br />Prom the above figures it therciore follotcs that the smelter's daily profit in trcatin;; 1 ~o tong <br />rac amounts ;ts follows: <br />Profit through smelting ....................................5g_G.oo <br />1'rufitthroub+h prices ...................................... 4Bo.oo <br />'fot:d daily profit .......................................ny76.oo <br />\\'hile the ;tUutc results may appt-ar estrtordinary, yck they are not unconunon in the sntcltin;; <br />industry, such :m enterprise Ueing capaUle of greaat results and fully able to disburse large ditidcnds. <br />The San Tuan Smelting S I:cfining Co. is probably one of the most economical plants in the Brest. <br />The plant is built on ;t terraced site, and et•cry facility for inespensice handling of ores is employed. <br />The potrer for driving machinery, etc., is derit•ed through the use of realer poa•cr owned bt your cony <br />pane. The slag or waste is granulated and swept atc:n• from the furnace Uy moms of a strong stream <br />r~i water, thereby :voiding the thnploynxnt of oleo to drnc saute :ntay in Uottls. The plant is also sup- <br />ldied with a large Uriquctting plant, which is utilized for compressing fine pulveruknt ores or conccn- <br />tr:nes into hard masses, or Uricls, fur smelting in the furnace. 't'his method avoids the loss o[ the fiuc <br />..n. being Ulotcn ottt of the furnace by the blast. Complete in every detail, the plant n•ill stand the <br />oust ril;id comparison with any sntcltcr in the \\rest, not oak as to simplicity and chrymess of olxrrr <br />lion. but also as to dieidrnd-rtrning capacity. <br />'1'hr custom ore bring offered for the year u~o, is larger than at any time in the past, due to thr• <br />rrc:ner miuc developntrnt.:uul hence the 1:try;er orr tonnage directly tributary to your s:nclter. <br />Prompt action should be L•tkrn to furnish a sttflicirnt ore purchasing fund lu Uuy ;tll of this ore <br />:ts it is uffered.:md to make contracts for it by the yutr, tchich o~ith your orr, may insure the stead}' <br />rturoiug ui your smelter at large profit. <br />I remain yours truly, <br />I:. \\'. 1\'i\1,'1'1•:1:, <br />r S•upr. onJ .l/rhdhu',;ia'( .Sou loon ,S'uu'l(fu~ rr Rr/iniug Co.'s .Snu~l(er. <br />t% <br />!~( <br /> <br />