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21
EAST BUTTE COPPER MINING COMPANY
GENERAL OFFICE: Butte, Montana.
EXECUTIVE OFFICES: 85 Devonshire St., Boston.
HISTORY: Incorporated under laws of Arizona, Nov. 2, 1905.
PROPERTY, ETC.: The Dutton claims, comprising 132 acres in the Butte Min-
ing area. Company owns 260 acres of lime quarries at Limespur, 40 miles east
of Butte.
SUBSIDIARIES: 929 stock of Pittsmont Copper Co.; 619% stock of Tonopah
Western Consolidated Mining Co. 1922 purchased Dives Pelican group of silver
lead mines.
OFFICERS: R. H. Grass, Pres.; P. F. Beaudin, Vice Pres. & Gen. Mgr.; W. P.
Everts, Sec’y.; Frank P. Son, Treas. & Asst. Sec'y.; L.. A. Thulin, Asst. Treas.
DIRECTORS: R. H. Grass, F. P. Son, W. P. Everts, Stephen Paine, FF. W. Paine,
D. H. Grass, P. F. Beaudin.
Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Mon. in April.
CAPITALIZATIOT -ar Value Authorized Outstanding
Common Stock .... +10 $6,000,000 $4,248,870
Registrar: Federal National Bank,
Boston. :
Listed on: Boston Stock Exchange.
Price Ran ¢-
g <enf 1027 1926 1925
EEA 1A
Dividends: Initial dividend of $1 per
share paid June, 1917; Dec. 24, 1917, $1
per share; 1918, $1.50; 1919, 50c¢, and
thereafter to Dec. 21, 1929, 25c¢ paid.
Transfer Agent: Boston Safe Depos-
't & Trust Co., Boston.
COMPARATIVE INCOME STATEMNM—®
PT yee
“nding Dee. 31
Q
{
1927
566,263
5,495
£92 nRY0
Gross Revenue ...... ..
Depreciation .........o.ccooeeeeeene..
Dperating Expense ................
Net Income ...._
Deficit
PALANCE SHEET, As of Dec. 31, 1929
LIABILITIES
Capital Stock ........
Accounts Payable
Other Liabilities .....
Deficit ..............
ASSET
Property & Equipment
Accounts Receivable .
Notes Receivable
Cash ..............
U. S. Bonds....._..
Deferred Char—-
1,109,975
08,176
.0,000
9,196
2,627
12,529
ee %4.162.508%3
$4,248,870
45,648
216,161
348.175
TOTAT. ASSET
TOTAL LIABILITIES _...........%4.162.503
FEDERAL MINING & SMELTING COMPANY
OPERATING OFFICE: Wallace, Idaho. .
EXECUTIVE OFFICE: 120 Broadway, New York City.
CONTROL: By American Smelting & Refining Co.
HISTORY: Incorporated under laws of Delaware, June 25, 1903. Acquired prop-
erty of Empire State-Idaho Mining & Development Co., Standard Mining Co. in
[daho. Also acquired a smelter at Everett, Wash.,, which was later disposed of.
Company has since acquired numerous properties in the Coeur d'Alene dis-
trict of Idaho.
In 1919 the company entered the Kansas, Missouri, Oklahoma zinc-lead field
by purchasing the Brewster mine in Oklahoma and later numerous other prop-
erties in the tri-state field.
In 1903 company entered into a contract with the American Smelting & Re-
fining Co. to sell the latter the output of its mines. This contract has been ex-
tended from time to time and is now subject to termination anv time after Aug
31, 1932, on six months’ notice by either partv
PROPERTIES OWNED:
Idaho: Morning, Page-Blackhawk, Independence (leased).
Oklahoma: Brewster, East and West Dobson, Gordon, Lucky Syndicate.
Lucky Bill, Quapaw Davenport.
Kansas: Kansouri, Jarrett, Muncie, Tar Creek, Homestake (1 interest)
Missouri: Granby-American, Granby-Davis.
ENERAL OFFICERS: F. H. Brownell, Pres.; H. A. Guess, Vice Pres. & Manag-
ng Director; William Loeb. Vice Pres.: F. C. Druding. Treas.: J. L. Martin. Sec'y.: