Show UTAH COPPER DIVIDEND new york june 6 reductions in the quarterly dividends of the chino ray and nevada copper companies known as the porphyry group were announced today the reasons given being mounting costs excessive war taxes and the 23 2312 cent copper price the chino dividend was reduced from to 1 and the ray and nevada dividends were reduced from 1 to 75 cents in each case directors of the utah copper company voted a dividend of a share for the second quarter of the year payable june to stockholders of record june |