The following statement presents the essential facts explaining
the quantity and value of our production for the years 1928 and
1927, and also the costs and profits on the basis of ounces and
tons produced:
Year Year Increase
1928 1927 Decrease
Total Sales Value of Gold and
Silver Recovered ...........|1,500,233,98 $1,341,30006 $158,93.3,92
Tons of Ore Milled ........... 110,600 108,400 2,200
Ounces of Silver Recovered ., 2,275,103,100 2,165,225.536 109,877.564
Number of Ounces of Silver
Recovered per Ton of Ore.. 205705 19.9744 .5961
Ounces of Gold Recovered ... 8,510.759 5,584233 2,926.526
Sales Value of Silver Recov¬
ered.......................$1,324,316.61 $1,225,874,06 $98,442,55
Average Sales Value of Silver
per Ounce .................$ ,5821 $ ,5662 $ ,0159
Average Cost of Silver per
Ounce ......................$ .3588 $ .4029 $ *.0441
Average Profit on Silver per
Ounce ......................$ .2233 $ .1633 $ .0600
Total Sales Value of Gold Re¬
covered ....................$ 175,917.37 $ 115,426.00 $60,491.37
Value of Gold per Ounce . . . .$ 20.67 $ 20.67 $
Value of Silver Recovered per
Ton of Ore ................$ 11.9739$ 11.3088$ .6651
Average Cost of Silver per Ton
of Ore .....................$ 7.3808 $ 8.0469 $ *.6661
Average Profit on Silver Recov¬
ered per Ton of Ore ........$ 45931 $ 3.2619 $ 1.3312
Value of Gold Recovered per
Ton of Ore ................$ 1.5905 $ 1.0648 $ .5257
Number of Bars of Bullion
Shipped from Mine ......... 1,362 1,297 65
* Decrease.
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