Document RJ36xg50VkVj51EQ9GoRp5dKa

INTERNATIONAL SMELTING AND REFINING COMPANY MEMORANDUM FCR DIRECTORS' MEETING - DECEMBER 23. 1947 ESTIMATED NET INCOME Smelting Department Raritan opper Works Lead Ref ning Department Zinc Cxi e Department White Le d Department Kiscella eous Income Deduct Adminil trative Expenses Sellix ; Expenses Misce. aneous Taxes ess - 1 jpreciation & Obsolescence Federal Income Taxes NET INCl ME ADD - N t Income of Subsidiary Companies COt.'SOLI AXED MET INCOME Month of November 1947 $ 37,589 137,001 - *174.590 Month of October 1947 $ 53,073 159,062 5.131 $217,266 Sleven Mo5, ended Nov. 30. 19V7 $ 883,907 2,286,726 25.599 $2*126*222 Sleven Mos. ended w'ov, 30. 1946 $ 399,468 990,676 154,390 25,612 70,672 70.529 $1.711,847 $ 11,000 800 - * 11.800 $162,790 JliiS?. $131,631 51.000 $ 80,631 $ 80.631 $ 12,993 866 . $_12i 2S2 $203,407 34.786 $168,621 55.100 $103,521 $103.521 $ 130,033 7,757 10.502 $ 148.292 $3,048,040 471.256 $2,576,784 933.200 $1,593,584 925 $1.594.509 $ 119,213 6,217 12.430 * 137.860 $1,573,987 472.052 $1,101,955 448,153 $ 653,772 1.191 CONSOLIDATED SDBPLUS ACCOUNT BALAI.'CHI - January 1, 1947 ADD - !^t Income - Eleven Months ended November 30, 1947 BALANCE! - November 30, 1947 $2,243,080 1.594.509 PN'fC 0 0 0 0 2 i.03 VO O fTi INTERNATIONAL ShxXTIKG AiiD REFINING COMPANY MEMORANDUM FOR DIRECTORS* MEETING - DECEMBER 23. 192*7 ESTIMATED NET INCOME - RARITAN COPPER WORKS Profit oc Refining Profit or Sales Electro S ieet Department Miscellai ;ou3 Income Less - G< icral Expense 5 lling Expensea S rlke Expense Less - I predation Wet Incc e Month of November 1947 Month of October 1947 Eleven Mos, ended Nov. 30. 1947 Eleven Mos* ended Nov* . 30. 1946 *108,851 22,318 5,577 1.000 *i2L2& $745 m*_____ $137,001 22.940 *133,351 21,136 4,427 800 *159.714 $- 652 _ *_____6^2 $159,062 25.079 *2,072,978 143,341 49,961 27.050 $2.293.330 $- o,Ul 193 * 6.604 $2,286,726 349.450 *1,131,832 49,156 26,870 25,094 $1.232.952 $ 2,000 4,536 235.740 $ 242.276 $ 990,676 235. ??3. $114.061 $133.933 $1.937.276 $ 754.683 O csi o o o > z 0- INTERNATIONAL SMELTING AND REFINING COMPAIflf i'ullLRAN DUM FCH DIRECTORS* HZETING - DECEkonR 23. 1947 NET CURRENT ASSETS - NOVEMBER 30. 1947 u r iu :;t as s : rs; Supplies Metals; In Proc ss Finished: Lead Copper Silver Gold 3y-ProActs 5,431*643 lbs* <9 4.47* 28,004,616 lbs* 9 11*25* 1,851,342 ozs. 57.30* 16,145.262 ozs. $34.42 Reserve 101 Freight & Refining Charges Manufacturi i Products: Raritan < opper Works - Electro Sheet Department Accounts R eivable: Tolls Others . Inter-Co l?any - Anaconda Sales Company U. S. Gove nment Securities Cash I $ 242,794 3,151,359 690,243 555,735 36,224. $4,678,425 659.314 $1,064,654 640,198 317.6a CURRENT L iBIimSS: Dividei Payable Taxes Account Payable Wages yable BALANCE NET CURRENT ASSETS $ , , .1 000 000 1,719,524 1,126,036 138.300 $ 1,038,280 2,107,999 4,013,611 9,759 2,022,483 3,000,000 1.957.098 $14,154,230 3.983.860 $10.170.370 PNYC00002406 a:sLr:::o -U.L :~7i:::::i MMClAIiDUM FOF. DlnlCTORo' MEETING - OECZaE?. 23. I64" v-T^j. :ELr/iaiES an d f h o d u c t iq .v - a il . oeae: Custor. Toil Miaait Custon Toll Lead - Jps. Tooele: Custoa Toil ic.w .or h it , zzczrrm a t rEEin ambo y s .Gustos Fabricaflion Toll br o duc t io s Copper |f Gross Less - Toll Scrap [Cos.: .-tt E. Chicago Onaha oilver [pzs. Gold 04 ,-.-,LLS: Copperl|- Lbs. Tooef Miaovik .-.ari||an Lead -ilLbs. OEII/HIHS: Ccpperll- Lbs. TooeUe Mia Eariltan lead If Lbs. Month of Movenoer 1947 Eleven Mos. ended lov. -JPu.^7 Eleven 11os. ended Nov. 3C. 1946 Per Cent Increase 184,uO5 3.496.753 3.031.163 1,902, ''92 3,915,753 2,>43,229 116.210.030 3,707,413 326.640 <i*53k&2. 41,534,3o 5 3,308.617 45.395.432 261 3.320,217 "2,175 53.734.340 53--07,016 21,931,504 ,,2415^126 443,935,540 53.734.340 4.263-50 362,213 10,130 44.785,273 .--5.273 3,329,935 60,137 353,546 5,233,102 2,750,336 116,664.394 52,559,135 616,751 11.099.665 12.316.416 336.9 374,527,297 11j 79o o $ 39,509,510 26,039.900 Q?.7i2.410 4,933,357 42,321 7.5 42.2 33.413 12M1 3,371,773 35,576 174.931 210.507 45,957,305 342,342 104,4o2 5.9 ,?22 504.033 64,744,214 33.413 3.439.S30 35,576 :.5Q7 45,536,917 431,408 494,424 111,444 1.0 37,477 55,005,558 PNYC00002407