Show STATEMENT ON OHIO COPPER the board of directors of the ohio copper company operating at bingham and lark utah has issued a statement to stockholders which is of considerable interest to local investors the statement follows the unusually severe weather prevailing during practically all of january and february followed by a sudden thaw in the latter part of february caused the afie dam impounding your companas comp anys tailings to be washed out and this combination of unfortunate and unavoidable events has caused operations during the first quarter of r the year to have been very unsatisfactory the same as with other porphyry properties operating in bingham canyon the construction of the third section of the millias mill has been completed and the dry tonnage handled in april was at a total cost for mining milling and transportation of 82 cents per ton which we consider unequaled in any part of the world from the standpoint of economy the company is now making substantial profits which we estimate in ex excess month under d date d te of of per may 14 1913 your general manager alfred following as the lattee latest prank frank sends us the news from the mine 69 tunnel level in tho the on our mascotte drive which we are making easterly fro W the north crosscut a short distance in the foot wall of the alls well vein our da during the past two weeks have hav been exceedingly gratifying we e have face of ore there that is now running over two per cent and is certainly the best looka mine WI ne for farj ing thing we have had in the rich ich long time it looks exactly like the effle end of development on oil the extreme west the biffl level which was exposed at it just before you purchased the property th view of the fact that on the level which is feet aboy ado alls well vein th this point was rather disappointing opening at this time on the mascotte tunnel is most encouraging the gahe operations of your company for the month of april 1913 resulted in shipment of pounds of copper to the recovered from treatment of dry tons of ore averaging in copper contents 1045 per cent may 1 1912 henry krumb the celebrated porphyry mining expert finished a two months examination of the ohio mine and reported tons of developed ore in sight and to tons of possible ore in the course of operations since that time a greater tonnage has been put in sight than has been extracted the actual tonnage extracted having amounted to |