Show intermountain mining dividends the great utah copper property at bing liam bam utah added nearly to its dividend record at the meeting of the directors held august the disbursement calls for the quarterly of and an extra of the same amount this is the second dividend of this size for the year and calls for a total of the company paid a share on march and 3 on june the present disbursement bur will be made september I 1 to stock of feord september and will bring the comp company anys grand total to this dividend rate if continued puts the corporation on a basis of practically a year or 12 a share earnings of the company during the past quarter are figured by eastern interests at approximately 30 a share during august the property produced produce din in the neighborhood of pounds of copper the exact figures figu have not been made public by officers of the company at this writing but it is known that production was about the same as in july and probably a few thousand pounds greater the dai daily ly average tonnage of about was maintained I 1 john M hayes treasurer and assistant secretary of the company states that the average price of copper received during the month was 2612 cents new york quotations and that the production was valued at this has been the average of the capper copper produced at the mine during the past year some months the production has run over but that was due to the higher price of the metal other porphyry coppers of the west have been figuring on taking the lead in production but none of the others have been able to come even close to that of the utah copper |