‘19 Mill: Company owns a 20-cell minerals-separation flotation unit, with present capacity of 200 tons daily. OFFICERS: Donald A. Callahan, Pres.; M. G. Rodearmel, Vice-Pres.; C. WwW, Newton, Secy.-Treas. & Gen. Mgr. DIRECTORS: Donald A. Callahan, Wallace, Idaho; M. G. Rodearmel, Minneapolis, Minn.; C. W. Newton, Wallace, Idaho; John Borg, Hackensack, N.J.; Joseph B. Cotton, New York City; Chas. H. Borg, Englewood, N.J.; Gust Carlson, Duluth, Minn.; John S. Macnie, Minneapolis, Minn.; Max T. Smith, Wallace, Idaho. Fiseal Year Ends: Dec. 31. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding $10 $10,000,000 $7,245,920 Transfer Agent: Title Guarantee & Trust Co., New York. Registrar: Registrar & Transfer Co.. New York. Capital Stock ...ccoeeneneee. Details: Capital stock increased from $5,000,000 to $10,000,000 in 1922. Dividends: 1915, $5.50; 1916, $6- $2.50; 1918, $1.25; 1919, none: 19:9. none since. COMPARATIVE INCOME STATEMENT, Years Ending Dec, 31 qQ92q9 ey 1927 340,881 750,555 18.207 Gross Revenue .... . Cost of Production........... .... General & Maintenance Ex p....... Net Earnings ....... Other Income .. Income Before Depletion ........ Deficit. BALANCE SHEET, Ax of Dec. 31, 1926 ASSETS IAD! TITIES Property Account . Cash ...ccoeee.. © Accts. Recei' Marketable Se: ~~ Supplies aceececeeaeaes Stocks in Other Comt Prepaid Expense Deficit $5,436,313 15,632 0,327 6,430 1,127 0,812 .,994 nag, 163 RO70. 799 Capital Stock .......... ce .....$5,693,321 Depletion and Deprecic“ mn... 2,365,748 Taxes and Wages........... co. .... 5,826 Accounts Payable .................... 6,905 TOTAL LIABILITIES ...........$8.070.799 TOTAI, ASSET THE CONSOLIDATED MINING & SMELTING CO. OF CANADA. LTD. GENERAL OFFICE: Trail, British Columbia. HISTORY: Incorporated under laws of Dominion of Canada, Jan. 1, 1906. A con- solidation of War Eagle Consolidated Mining & Development Co., Ltd., St. Eugene Consolidated Mining Co., Centre Star Mining Co. and Rossland Power Co. and the smelter at Trail, B. C. . In 1911 the Fort Steele Mining & Smelting Co. was acquired, including the Sullivan mine. In 1916 the West Kootenay Power & Light Co. was acquired. couver Island, were acquired. In 1919. controlling interests in the Sunloch and Coast copper mines. on Van- In 1924, the Silver King mine was acquired. In 1927, 51% interest in George Copper Mining Co., on Portland Canal, was acauired, and in 1929, 429%, making total of 93% held by the company. ] In 1927, the company, through the formation of the Buena Vista Mining Co, took over development of property on Portland Canal, B. C.,, owned by the Big Missouri Mining Co. 53% of Buena Vista belongs to the company and 47% to the Big Missouri Mining Co. In 1929, development bond was taken on the property of Iva Fern Mines, Ltd., Nelson, B. C. BUSINESS: Company owns and operates mines, smelters, concentrators and hydro-electric plants, being one of the principal producers of non-ferrous metals in Canada. In addition to smelting and concentratig its own ore, companv con- ducts a custom business. PROPERTY: Company's smelter at Trail, B. C., has daily capacity of 300 tons of copper ore; 1,500 tons lead ore and concentrator capacity of 2,400 tons daily. At Kimberley, B. C., company operates a smelter with daily capacity of 6.000 tons of lead and zinc ore. . Company's principal operating mine is the Sullivan mine in the Fort Steele division of B. C.. which produces 5.000 tons of lead-zinc ore daily