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Show FOR THE SHORTS, PERHAPS. Crudely Laid Plan to Levy on Utah Con. Interests. A message over tho private wlro of James A. Pollock & Co. of this city during dur-ing the afternoon quotes tho subjoined ns an article In tho News Bureau of Boston: Bos-ton: "Ono of tho lending Interests In Utah Con. expresses disappointment over tho showing of tho Utah Con. mines at tho lowor levels. It Is said that the Utah smeller is now treating ore running -per cent copper and lowor. with tho result re-sult that costs aro higher this year than last. It was tho understanding that, with the enlargement of the Utah smelter, tho management would bo ablo to treat lower-grado lower-grado ores than formerly, and this 13 probably being done; but tho source of our Information on tho 'lennnces' of tho Utah ores In tho lower levels Is entitled to credit. The Utah Con. '3 property, however, how-ever, Is a valuable ono, nnd hns reserves of over ono million tons ahead, so that stockholders should havo no immcdlato fear of thglr Investment; for Utah Con. could unquestionably pay dividends of S-l a Bharo on Its lOO.OOO shnrea of stock, with tho treatment running 2 per cent copper, for many years to como. owing to the gold nnd silver values. Tho Utah Con. hns always been tho richest mlno In the Bingham camp, occupying tho position In that camp that the Calumot & llocla does nt tho lako nnd Boston & Montana In tho Butto mountains. It Is not to bo expected ex-pected that It can continue such showing show-ing Indefinitely. It Is somewhat of a coincidence co-incidence that with our reports of tho poorer showing of tho Utah Con. In Its lower levols, notlco from tho Utah management man-agement of tho company Is given that It will no longer furnish tho press llgures of its smelter output. It will bo worthy of noto if President Broughton Is as frank this year with stockholders 03 formerly." Tho subtlo apprehensions, visible throughout thoso lines, aro undoubtedly Inspired by somo "leading Interests" who nro about to levy on Boston's mlnlng-sliaro mlnlng-sliaro market nnd tho uninitiated for an "extra" dividend during tho Interval bo-twecn bo-twecn regulars. That tho management has seen fit to withhold Its report on tho volumo of bullion forwarded, Is In lino with a policy that Is now observed by all local smelter managers, with that of tho Bingham Con. tho only exception Tho production of copper at tho Utah Con. smelter Is greater Just now than at any period In tho history of tho undertaking, with tho physical condition of tho bonanza better than ever. |