Show i UTAH COPPER REPORT ISSUED Last Quarters Net Earnings Earni gs Went Over the Dollar Mark MarkA A wire to General Manager D C Jackling of ot the Utah Copper company compan advised him that the quarterly report was aE made public DubUc yesterday esterday afternoon While all aU of ot the data for tor the report was sent on from here Mr said he lid did not know in just what form orm It had been sent out from the printer For that reason he could not give the report In full tull as it will appear hero during the next few days da s when It has had time to come b by mall mail mallI mailI I am sorry that It is impossible to give the report in its entirety publicity here at the same ame time it is released In Inthe Inthe inthe the east said Mr lr Jackling and par particularly particularly particularly as the explanation that goes with the figures should be released with them Tn ru the absence of the full tull ire re report re report port I shall give you ou the figures on on production earning and costs at any an rate For the rest you will have to wait vIt till the report reaches here as I Ido Ido Ido do not know just how it may ma have been b cn compiled complied During Dur ng the tho quarter the production of or copper amounted to pounds an increase in over Oer the tile pre previous quarter of or pounds The Th average cost of ot production was cents per pound an increase In liv cost over the previous quarter of or Qt pf a cent per pound The copper product sold at an average price of ot 13 cents a pound during July and August while the average price received during Sep September September September as cents per pound poun l Net Isei el profits for lor the quarter amounted to There should be some ex explanation explanation explanation made In connection with these thES figures fig res particularly particular concerning the greater cost of ot making copper dur Cur during durIng Curing ing the quarter just closed but I shall not deal with that feature of the re report report report port You Tou had better wait walt for or the om official official cial document and md then use whatever you think necessary Manager Jackling stated also that eleven sections of ot the twelve In the big milling plant at Garfield are now in commission though they the are not being operated at full tull capacity The twelfth and last section will be placed In commission commission com corn mission between now and the end of or the year ear and the tile entire plant will be tuned up to concert pitch and made to do Its work as planned In the beginning As Indicated by b the figures fig res given the big mill has been turning out copper during the past quarter at a rate close closely closely ly I approximating pounds per annum It t now looks as though the company might easily produce copper capper copper at the rate of ot pounds per month next year ear and It Is pretty safe to say aay Ba that Its profits will not fall be below below low Ion 7 cents a pound That will mean net earnings of ot per month or a year ear |