Salt Lake Herald-Republican | 1919-08-07 | Page 9 | Believe Butte and Superior Damages Small

BELIEVE BUTE BUTTE AND A SUPERIOR DAMAGES SMALL SMAL Company Interests Expect Adjustment Around Million Mil Mu- lion lon and Half Hal Hale New e York Tork Au Aug 6 But Butto Butto Superior Mining company Interests believe that damages to be adjudged In the ac acCounting accounting ac- ac counting proceedings covering their use of Minerals Separations Separation's flotation process will not exceed They call attention to the fact tact that Bute's gross profits to date exclusive of or depletion and capital redemption charges amount to a little more than adding this thi IB is not all al real profit profi J Even Jen en If Ir it were sere Is due to 1915 and 1916 operations In those thoRe years yearn car tho the price of zinc was waH forced up by war shortage to two an l one half times Ures Its Is normal range ranse In other words while Butte Bute us used d less than 1 per cent of oC oil 01 In treating Its Is Isore ore from 1911 to tho the carl early part of or 1919 approximately approximate eight years about 70 50 per cent of or Its Is gross groBs profits were made In the two years ear 1015 1915 and 1916 In their opinion the tho federal court court will 11 view excess pro profits as belonging to the tho mine In 1915 and 1916 and not as arising from the tho use of less Jess than 1 per cent of or oil 01 reeling feeling that if Ir dama damages dam dam- a ages c are arc based upon earnings s the they will willbe wi be bc assessed upon returns In normal years when gross ross ranged from 1000 to Butte nute interests expect that the real basis for whatever er award Is made will willbe wil be the Increased profit resulting from the u use e of oC less than 1 per cent of or oil oilin 01 In treating Us its Is ore and that this will willbe willbe be arrived at b by taking into account recoveries made when using more than 1 per cent of or oil 01