Show ABSURD IS CLAIM ABOU Boston Authority Punctures a Vindictive Charge Against Utah Copper Efort Efforts lr are being made and accordIng to the management for ulterIor purposes to throw discredit upon tle the Integrity ot of the operating costs of the Utah Copper corn company pan says the Boston News Bureau The old old charge Is the company fals to Include In Its operating expenses the cost costs ot of stripping or In other words the cost of removing the surface capping of the ore rhe source of many of thes these Inspired attack attacks Is weI well known to the manage management management ment which Is not disposed to lt lift Is its voice In taking the po position position that Is its methods of accounting need no defense either from within or without To those who have haYe not closely followed the growth and development of the Utah Copper property and Its methods of treat treatIng treating Ing enormous tonnages or of low grade ore It should be said that In putting In sight these tonnages of ore heavy expenditures have been made necessary In removing the capping above referred to I It Is absurd to argue that al all ot of this expense should be construed as a legitimate charge against the copper heretofore pro produced produced Much ot of I it Is properly charge chargeable chargeable able to the copper yet et to be made madeI I It Is quite possible that the current outpouring or of adverse literature Is for forthe forthe the purpose of antagonizing the plan to combine the Nevada Consolidated wih with the Utah Copper company as already alread an announced announced Notwithstanding no coercion Is being exercised In the matter the as assenting assenting acton action ot of the Nevada Nevada stockholder stockholders being entirely voluntary the tho hostility of certain Nevada Consolidated interests still continues The charge that Utah Copper ores are declining In conner COODer contents Is stoutly de nied bythe by the Utah i li C Copper people e pl I and d b bother by other whose unprejudiced opinion Is en entitled tite titled to respect t The counter assertion Is made that I it there has been any win window wIndow dow dressing during the past six month months It has ben been by the Nevada Consolidated people eople who are alleged to have been min minIng mm Ing their richest ores In the effort to tomake tomake make as good showing as possible both as respects output and costs with which to strengthen their hand In any combi combination nation negotiations In order to make cear clear the method pur pursued pursued sued by br the Utah Ulah Copper company In Its treatment of the expense Incurred In cap cap capping ping removal we reproduce the follow followIng Ing from the last quarterly report Explains Stripping Charge Stripping operations continued throughout the quarter at an average rate of cubic yards per month a total for the quarter ot of cubic yard yards equivalent to the complete strip strip stripping ping of about tour four acres of ground con containing taming approximately tons of ore The stripping cost per cu cubic cubic bic yard was cents this figure co cow cowering ering the entire cot cost ot of removal of cap cap capping ping and transportation and disposition of It Had the total cost of al all stripping for tor the quarter been charged against the theore theore ore mine mined and milled during the quarter the result would have been an Increase of less than 15 cents per ton In the mining costs The distribution of the total ex expenditure expenditure for stripping during the period against the tonnage of ore mined would result In a gater greater sum per ton than that stated but It must b be remembered that a porton portion of the stripping cost Is absorbed by a fixed charge per ton ot of ore which is Included In the mining cost costs that have alread already been shown as applying to the ore mined during the quarter ThIs charge Is Invariably made against or ore as mined In proportion that each ton bears Is its proper share of the strip strip strippIng ping cost and In this way the entre entire cost costor or of stripping is ultimately absorbed Into operating cost However If the total ex expense pence pense of stripping tons of ore had been charged against approximately 18 13 per cent of that amoUnt which wa was mined the resul result would have been a mining cost of about 40 cents per ton a figure we have not yet been able to reach by an any other method than that of steam shovel mining now bing being almost exclusively employed In our operations 1 I |