| Show UTAH COPPER conspicuous among the mining concerns that are commanding the attention of the mining public is the utah copper the only surprising feature is that the talent did not discover it sooner for it has surely been an attractive proposition almost from its inception while a few of the wise ones have been quietly gathering in the stock as a good investment the general public has neglected it until it has soared beyond the reach of the average stock buyer utah copper presents a splendid example of economic mining everything is ig system and system spells profits cheapness of production has been the slogan from the start and today utah copper holds an enviable place among the copper producers of the afie country the reports for the last quarter show a net cost of cents per pound this including mining milling smelting smelling sm elting and all sellin selling costs and general expenses of all kinds the net earnings for the same period based on 13 and 1314 13 cent copper amounted to and this with only eleven of the twelve sections of the mill in operation with the plant in full commission and with a higher price on the red metal which is confidently expected it is easy to see that there will be a substantial increase in the earnings it is rumored that thomas lawson and associated manipulators have had a hand in the recent activity of utah copper but its popularity can readily be attributed to real merit if the kingpin king pin manipulators have actually planned a coup on this stock it is hard to tell what the outcome will be we hope it is not true for utah is beginning to look with pride toward this enterprise as a sample of what we have and would greatly dislike to see it dragged in the mire of frenzied finance there should be a few good stocks left alone that the legitimate investor might have a fair air show for his money |
