Show f THE FEBRUARY OUTPUT I 1 I Months Production Approximately Approxi-mately 3000000 I RED METAL IN EVIDENCE I A Generous Distribution of Dividends Mining Exchange Does Some Business Busi-ness of Strikes in the Various Camps I February In the ore and bullion market mar-ket closed on settlements aggregating 203D500 as compared with S203CS10 for the previous one and with S1J34000 for the corresponding period In 1902 I The comparison with the previous i month reveals quite conclusively that the 2000000 record in the open market I has come to stay while the contrast with the corresponding month of the previous year affords the best evidence perhaps of the progress that Utahs diggings have made In addlriEftto the ueaHh of the nation To emphasize the gain Indeed that was recorded in February Is the fact that the month was shorter by Cull three dnys than he previous one and yet the increase Is quite pronounced Nor do these figures tell the Tvhole story for while these settlements were being made on an open market and jefore the eyes of nil who cared to Inspect them there was the output of copper gold and silverbearing bullion from the furnaces of the independent I smelter the value of which approximated approxi-mated JS30000 while the Con Mercur has a consignment of gold bullion at the subtreasury In New York on which I a settlement Is I yet to be made and which elevates < the whole to nearly 3 000000 notwithstanding the bob I tailed condition to which February Is confined I Classifying the bullion nothing appeals ap-peals so powerfully to the miner perhaps i I per-haps as the figures relating to the out I I put of copper which attained a total of 3111590 pounds divided as follows I I Pounds I Aner can 675000 BiiiKham Con 300590 I Highland Boy 1204000 United Slates 732000 jl Total 3411590 In the output of each of the plants i except that of the American Smelting i and defining company the copper bul lion Is amalgamated with gold and slIer slI-er which of course adds correspond Ingly to its valuation The exhibit cannot can-not but appeal to those of the East who have invested their money in the I livings of the State while there is II very assurance that the earnings will be increased as 1903 ages II The days settlements always hurriedly hur-riedly closed on Saturday were re duced to 51400 McCornlck Co reporting f re-porting them as they follow American bullion 24800 gold silver lead and i copper ores 20600 In the metal market silver ruled at Ii IS cents an ounce lead at 350 per hun tired pounds and casting copper at 12 II t cents a pound |