Page images
PDF
EPUB
[blocks in formation]

EXHIBIT S-21

Minnesota iron ore production for open pit beneficiating mines, based on 1943 occupation tax reports adjusted to show true costs also royalty and royalty tax payments per ton

[blocks in formation]

market Total market

value lower lakes

Transportation and mis

cellaneous

costs to lower lakes

Total

Royalty

and
royalty
tax per
ton

Full market mine value

Full Mine market produc

Total

mine tion production value costs costs per ton per ton

Operating income per ton 1

operating income

[blocks in formation]

BENEFICIATING MINES WITH PROFITS BETWEEN $1 AND $0.30

[subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][merged small][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][merged small][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][merged small][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][merged small][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][merged small][subsumed][merged small][graphic]
[blocks in formation]

BENEFICIATING MINES WITH PROFITS UNDER $0.30 AND WITH LOSSES

Int'l. Harvester. C. Hedman & Co. M. Cliffs. Pickands Math

er.

Evergreen. ..do.

C. W. Moore.

574, 532 $4. 4167 37,207

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

Butler Bros.

1,891, 104. 27

1058)

220, 205

4. 6720

(81, 505. 14)

792

1, 028, 797. 76

432, 702. 83

Do

Greenway W

596, 094. 93

2.7070

2.9200

642, 998. 60

2130)

Evergreen..

170, 171

4. 2853

746, 250. 89

(46, 903. 67)

389

334, 386. 02

Fillmore Coun

Weebing.

411, 864. 87

2.4203

2.6383

448, 962. 15

do.

2180)

(37, 097. 28)

723

45, 435

4. 1095

186, 715. 13

89, 279. 78

97, 435. 35

2. 1445

2.4403

110,875. 03

ty.

(.2958)

(13,439.68)

.338

G. N.

Weggum..

Philbin.

274, 651

3.8760

1,064, 547. 28

539,689. 22

Fillmore Coun

524, 858. 06

1.9110

Weebing.

2. 2500

Winston Bros.

617, 964. 75

3390)

(93, 106. 69)

.537

174, 992

4.0499

708, 700. 10

446, 229. 60

262,470.50

1.4999

1.8525

ty.

324, 172. 68

(.3526)

(61, 702. 18)

.399

G. N.

Cuyuna.

Harrison.

Butler Bros.

387, 227

4. 4760

1,733, 228. 05

760, 901. 06

972, 326.99

2. 5110

2.8980

Maroco

Evergreen...

1, 122, 183. 85

3870)

74, 113

4. 1492

(149, 856. 86)

549

307,509.66

145, 632. 04

161, 877. 62

Do.

2. 1842

Alstead.

2.6101

193, 442. 34

4259)

do..

(31,564. 72)

355

211,486

2. 8839

821, 390. 48

G. N.

Draper.

415, 569.99

405, 820. 49

1.9189

2.5504

539, 373.89

6315)

do.

(133, 553. 40)

.614

75, 471

4. 4331

334, 570. 49

148, 300. 52

186, 269. 97

Do..

2.4681

Greenway M

3. 2005

241, 544. 94

do.

7324)

(55, 274. 97)|

.355

27, 299

3.3928

92,620. 05

53, 642.54

38, 977. 51

1. 4278

Do

Lamberton.

2.2457

W. S. Moore.

61, 305. 36

8179)

(22,327.85)

22, 454

.663

3.9600

[blocks in formation]

88, 917. 84

44, 122. 11

44, 795. 73

1. 9950

2.9196

65, 556. 70

Hanna Iron.

(.9246)

(20, 760. 97)

.280

59, 400

3.7450

222, 453.00

116, 721.00

105, 732. 00

1.7800

2.7450

Evergreen.

163, 053. 00

9650)

6, 832

(57, 321.00)

.473

4. 8233

32, 952. 79

13, 424. 88

19, 527. 91

2.8583

4.9342

Pickands Mather.

33, 710.45

116, 110

(2.0759)

(14, 182. 54)

.372

4. 2684

495, 603. 92

228, 156. 15

267,447. 77

2.3034

6, 0346

700, 677.41

(3.7312)

(433, 229.64)

.970

[blocks in formation]

NOTE. The Scranton and Columbia mines on original report shown as beneficiating mines, were transferred to direct group because of small tonnage beneficiated. NOTE.-Figures in parentheses indicate loss.

1 Net operating income is before provision for return on invested capital, depletion where mines are owned in fee and Federal taxes. Tax payments on ore reserves for mines not under production must be paid from operating revenue derived from mines that are under production.

EXHIBIT S-22

Minnesota iron ore production for underground mines, based on 1948 occupation tax reports, adjusted to show true costs; also royalty and royally

tax payments per ton UNDERGROUND

DIRECT SHIPPING MINES WITH PROFITS BETWEEN $1 AND $0.30

[blocks in formation]
[blocks in formation]

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

(13)

(14)

Vermillion..

834, 540 $5. 1530 $4, 300, 384. 62 $1, 639, 871. 10 $2, 660, 513. 52 $3. 1880 $2. 5163 $2,099, 953. 00

$0.6717

$560, 560.52

$0.471

UNDERGROUND

DIRECT SHIPPING MINES WITH PROFITS UNDER $0.30 AND WITH LOSSES

[blocks in formation]

UNDERGROUND-BENEFICIATED MINES WITH PROFITS UNDER 30 CENTS AND WITH LOSSES

[blocks in formation]

1 Operating income is before provision for return on invested capital, depletion where mines are owned in fee, and Federal taxes. Tax payments on ore reserves for mines not under production must be paid from operating revenues derived from mines that are under production.

NOTE.-Figures in parentheses indicate loss.

[blocks in formation]

EXHIBIT S-23

Minnesota iron ore production for open pit mines, based on 1944 occupation tax reports adjusted to show true costs; also royalty and royalty tax payments per ton

DIRECT SHIPPING MINES WITH NET OPERATING INCOME OVER $1 PER TON

[graphic]
« PreviousContinue »