Show FIGURES FROM UTAH METAL TUNNEL REPORT according to the 1917 annual report of the utah metal tunnel company operating at Ding bingham bam utah lessened efficiency of labor and continually advancing wages railroad embargoes fixation of prices and reduced demand for lead have contributed to reduce profits the great need of the property is development according to the report capacity of the mill was doubled during the year with new ni machinery chinery installed the total income in 1917 from the mine was compared with in 1916 operating expenses were development work of feet cost interest and discount added to earnings taxes and bond interest aggregated and reserve tor for depletion was charged leaving profit carried to surplus of against in 1916 the 1917 production was pounds of lead pounds of copper ounces of silver and ounces of gold the 1917 dividends totaled 80 cents per share amounted to and total surplus dec 31 1917 of is less than dec 31 1916 there was sharp drop in the autumn in price of lead and mining costs increased production was curtailed the lead output falling by pounds from 1916 and by pounds from 1915 production of copper fell by pounds from 1916 and by pounds from 1915 and the silver and gold yields also were less |