Following are the details pertaining to the mine production
for the past two years :

Year                 Year                Increase

1927                  1926               Decrease

Total Sales Value of Gold and
Silver Recovered...........$1,341,300.06      $1,601,429,35     $260,129.29

Tons of Ore Milled...........      108,400              109,670              1.270

Ounces of Silver Recovered...   2,165,225,536      2,468,911.07      303,685.534

Number  of   Ounces  of   Silver

Recovered per Ton of Ore, .             19.9744              225122            2.5378

Ounces of Gold Recovered....         5,584,233            5,561,057             23.176

Sales  Value of  Silver  Recov¬
ered   ......................$1,225,874.06      $1,486,482.34     $260,608,28

Average Sales Value of Silver
per Ounce .................$             .5662  $             .6021   f           ''^59

Average   Cost   of   Silver   per
Ounce   ....................$             .4029  |             .3528 $           .0501

Average  Profit  on  Silver  per
Ounce.....................$             .1633 $             .2493 $          -0860

Total Sales Value of Gold Re¬
covered   ...................$  115,426.00      $  114,947.01      $      478.99

Value of Gold per Ounce.....$          20.67      $          20.67         ..........

Value of Silver Recovered per
Ton of Ore ...............$          11.3088 $          13.5541  $        2.2453

Average   Cost   of   Silver   per
Ton of Ore ...............$            8.0469 $            7.9429 $           .1040

Average  Profit on  Silver  Re¬
covered per Ton of Ore....|            3.2619  $            5.6112  $        2.3493

Value of  Gold  Recovered per
Ton of Ore ...............$            1.0648 $            1.0481  $           .0167

Number   of   Bars   of   Bullion
Shipped from Mine ........         1,297                  1,506                 209