I would respectfully renew my recommendation relative to the building of a cupola, and making our shoes and dies at the mill. There are now 100 tons or more of old castings at the mill, and I am confident that a saving of 50 per cent. upon the present cost can be made by using this iron and making them at the mill. Your attention is respectfully called to the tabular statements herewith, which will give you a more comprehensive idea of the details of operating the company's mine and mill. Yours, truly, CHAS. FORMAN, General Superintendent. TABLE NO. 1.-Condensed statement of cost of production, &c., for company, year ending July 31, 1871. ORE STATEMENT. Ore on hand August 1, 1870.. Ore received from Hanchett & Rutherford. Ore extracted by company during year. Total Ore worked by company during year, plus moisture deduction... Ore on hand August 1, 1871 . SUNDRIES. EXTRACTING ORE. TABLE NO. 2.-Statement showing the amount of ore extracted and cost of extraction for the company year ending July 31, 1871. Office expenses. Incidentals. Labor. Material. TABLE No. 2.-Statement showing the amount of ore extracted, &c.-Continued. November. December. January. February March April May. June. July. * $15,000 bullion tax. † $4,387 09 bullion tax. TABLE NO. 3.-Statement showing the amount of ore on hand, worked, and cost of reducing for company year ending July 31, 1871. TABLE No. 3.-Statement showing the amount of ore on hand, worked, &c.-Continued. October... 151 86 87.9 166, 011 06 5,355 20 4,684 87 7,373 54 7,316 68 24, 730 29 4 75 4 15.5 6 54 November 133 06 82.5 135, 387 62 5,145 89 4,680 50 6, 628 19 8,570 97 25,025 55 4 75 4 32 6 11.9 December 103 85 81.8 151, 731 20 7,267 72 6, 137 72 16, 328 79 7,385 14 37, 119 37 4 75 4 01 10 66.9 Lbs. |