‘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 consolidation
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 conducts
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
