Show UTAH METAL DIVIDEND another divide dividend nd payer was added to list on the dinst when the utah metal tunnel company directors declared the initial disbursement of 50 cents a share this is to be paid on august to stock of record august ath and calls for a total of approximately reports from the companas comp anys property located at bingham utah are that the mine is now making more than a month and that the profits for the first quarter of the year were the quick cash assets of the company are given at with other assets coaling A combined statement of earnings of utah metal tunnel company and bing liam ham new haven C G mining company for the quarter ending march 31 1916 is as follows I 1 gross value of ore mined other income from water sales interest and rents smelter cli charges ages mining development hauling milling general expenses bond interest net earnings of both companies for foil first quarter of the year 1916 the company has acquired of its bonds to date leaving outstanding bonds at par the balance of cash on hand april 1 and due for metal sold was the company has no debts except its outstanding bonds in 1915 the utah metal company produced pounds of lead ounces of silver pounds of copper and ounces of gold and earned net or slightly less than 1 per share the company received 34 cents per pound for lead cents per ounce for silver and cents per pound for copper production of the two companies was as follows the utah metal department not commencing to produce until the middle of may utah bingham newhaven new haven totals lead lbs ibs silver gozs copper lbs ibs 2 8 7 3 8 1 1 gold gozs net |