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Show MAY'S OUTPUT OF UTAH METALS Hecord for Month Exceeds S3,000,000 With Everything Foretelling June Increase. iN THE "open market" tuc settlements settle-ments on ores and bullion during the montn which closed Its record last night, aggregated $2,001,700. Durlnir tho K.im iwrlnrl iliiv u-.i for warded by the copper sneit rs copper bullion, containing gold and silver approximating ap-proximating 4,000,000 poimds. for which the producers received approximately 5l.cno.000. this swelling the total to figures fig-ures e.i-c-cdlng $3,000,000. Including tho copper proeluccd dining the month at iho lu.-T.aces of tlu American smelter the crop of copper grown In the State during the inohch amounted to 1. 320.000 pound", although a revision or these figures that shall show an excess ex-cess Js not unllk?ly. whon the ilnal re-.cord re-.cord is compiled. Of what tre ?opper-iicaring ?opper-iicaring mines In the State are capable the exhibit Is hardly an accurate rellex, for not one in this categary ha3 been levied on to that extent. Down at the valley furnaces everything foretells a new record In June, nor will tho smelters smelt-ers be permitted to demonstrate their capacity until the run for July Is made as the enlargements at the Utah Con.'s plant will not go into commission until June 20 or thereabouts. The Bingham Con. also promises a now record the nresent month with Its balterv of four furnaces in operation while nt the U. S. smelter a material Increase Is assured. as-sured. The May record, at the copper smelters some of It estimated was compiled as follows: Pounds. Bingham Con 1.0SO.0O0 Utah Con 1,257,000 United States j... 1,051,000 Total , 3.3SS.0CO American 936,000 Total 4,326,000 In the open market the day's settlements settle-ments on ore and bullion amounted to $139,300, McCornlck & Co. reporting them as follows: American bullion $76,700. gold, silver lead and copper ores $G2,G00. In the melal market during the day silver ruled at 55 cents an ounce and lead at $3.50 per hundred pounds, while casting copper was marked down two points to 12 cents a pound. 1 |