Imágenes de páginas
PDF
EPUB

Name of railroad

Name of property

Operated by-

Tons

Full market value per ton lower lakes

Total market

Year 1945, Minnesota iron ore production for open pit mines based on 1945 occupation tax reports adjusted to show true costs, also royalty and royalty tax payments per ton-Continued

DIRECT SHIPPING MINES WITH OPERATING INCOME UNDER $0.30 AND WITH LOSSES

value lower lakes

[blocks in formation]
[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][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][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]

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 revenue derived from mines that are under production.

NOTE.-Figures in parentheses indicate loss.

EXHIBIT S-27

Year 1945, Minnesota iron ore production for open pit beneficiating mines, based on 1945 occupation tax reports adjusted to show true costs; also royalty and royalty-tax payments per ton

BENEFICIATING MINES

BENEFICIATING MINES WITH NET OPERATING INCOME BETWEEN $1 AND $0.30

[blocks in formation]

Year 1945: Minnesota iron ore production for open pit beneficiating mines based on 1945 occupation tax reports adjusted to show true costs, also royalty and royalty-tax payments per ton-Continued

BENEFICIATING MINES WITH NET OPERATING INCOME UNDER $0.30 AND WITH LOSSES

Name of railroad

Name of property

Operated by

Tons

Full market value per ton lower

Transporta

value lower lakes

cellaneous cost to lower lakes

Total market tion and mis- Full market market produc- Total produc

Full Mine

mine

mine value

tion

lakes

value per ton per ton

tion costs

costs

[blocks in formation]
[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][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][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]

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 revenue derived from mines that are under production,

NOTE.-Figures in parentheses indicate loss.

EXHIBIT S-28

Minnesota iron ore production for underground mines, based on 1945 occupation tax reports adjusted to show true costs; also royalty and royalty

tax payments per ton

DIRECT SHIPPING MINES WITH NET OPERATING INCOME BETWEEN $1 AND $0.30

[blocks in formation]

DIRECT SHIPPING MINES WITH NET OPERATING INCOME UNDER $0.30 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 revenue derived from mines that are under production,

NOTE.-Figures in parentheses indicate loss.

EXHIBIT S-29

Minnesota iron ore reserves as of Jan. 1, 1943, reduced by amount of 1943 and 1944 shipments, reserve location as to railroads, annual shipments

[blocks in formation]

1939 to 1944, inclusive

[blocks in formation]
[blocks in formation]

Reserve tonnages are calculated from tonnages shown by the department of taxation for May 1, 1942, adjusted for the amount of ore shipped from May 1 to Dec. 31, 1942. Figures include ore in ground and in stockpiles; 1943 and 1944 shipments have been deducted. These tonnages constitute proved ore only and do not include the tonnages of concentrate that may be produced from taconite or other low-grade materials not carried on the tax records at the present time. The classification of tonnages was taken from the records of the department of taxation, as of May 1, 1942. The tonnage figures

shown for concentrates refer not to the tonnages of crude ore, but to the estimated ton-
nages of concentrate to be produced from the crude ore.

In the classification of shipments, ore mined by milling is included in open pit direct
ore. "Milling" refers to method of mining.

Ore that has been merely crushed and screened is included in the direct shipping ore.
Railroad reserve tonnages arrived at by checking rail facilities of each operating mino,
and mine location where reserve has no present rail connection.

« AnteriorContinuar »