Production for the fourth quarter of 1939 by Central Patricia Gold Mines was the best for any quarter on record, at $457,653. A total of 11,877 ounces was produced. The mill handled 26,529 tons for an average re-351 covery of $17.25, the highest recovery to the ton in two years, This compares with output of $436,416 from 27,157 tons for an average of $16.07 in the preceding three months. Gross output for 1039 was 48,546 ounces, worth $1,765,404, the best year on record, from 108,088 tons for an average of $1633, against $1,606,208 from 101,- 376 tons for an average of $13.84 in 1998, the previous record year.
The Gold Belt Mining Company, British Columbia, finished last year with its December production record of $55,673 exceeding that of any other month in the company's history and comparing with $44,183 in November. Production for the year, at $599,950, compares with $155,963 recovered in the less than three months in which the new 150-ton plant operated in 1938, Wei Wah C.R. Committee Monthly Report In accordance with the provisions of its regulations and rules, this Committee is charged with the duty of making regular monthly examination of the records and relevant documents showing the amount of the credit extended in wei wah by the Joint Reserve Board of the Shanghai Bankers Association to its member-banks and the classification and value of the assets deposited as collateral security. In a meeting duly assembled on February 23, the Committee carried out the seventh monthly examination as mentioned above; and, efter having examined all the records end relevant documents and certificates in a manner and to the extent which we considered appropriate, we beg hereby to report on the position of the credit extended for the month ended January 31, as follows:
Text read from the printed page and cleaned; old type leaves the occasional error.