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Show Iff. COPPER SPENDS hoSSt DEVELOPMENT WILL KEEP PACE WITH DEMAND FOR METALS Utah Copper is now operating at its "highest tonnage In the history and with the most satisfactory metallurgical me-tallurgical results it has ever attained at-tained on such large tonnage," Colonel C. Jackling, Utah Copper company president said Monday at an interview in Salt Lake City. To keep pace with production and in In anticipation of a continued favot-able favot-able outlook improvements totalling a cost of several million dollars were outlined by Colonel Jackling. Besides construction of the million mil-lion dollar vehicular tunnel from Bingham to Copperfield purchase oi expensive equipment has been made. 250 mine ears, costing $1,000,000, have been recently delivered. Half of an order for $1,000,00 worth of electrical looomotive and power shovels have been received. During depression years physical equipment depreciated and the Copper Cop-per company are now planning to rehabilitate mine and- plant equip ment. The Magna and Arthur mills are Included in this program. Colonel Jackling and his party visited the Bingham pit mine Sunday. Sun-day. He was pleased with the findings find-ings of his inspection trip. Tuesday he leaves for New York to attend the meeting of Kennecott stockholders stockhold-ers on May 4. The future of copper depends on activity in general business lines. If Industry continues to progress satisfactorily it is the opinion of Colonel Jackling that the outlook for sustained demand for copper at reasonable prices is excellent. |