OCR Text |
Show SOME COPPER EA'BNINGS. Profits Being Piled Up by the Leviathans of the Industry. A bulletin from Chicago ovor tho private pri-vate wires of James A. Pollock & Co., (quotes as follows from tho- Record-Herald: "Amalgamated Copper, from its copper business alone, la said to be earning earn-ing more than $1,000,000 net a month, or nt the rate of $S a sharo por annum. Miscellaneous Mis-cellaneous receipts, at a low estimate, must amount to $2,000,000 a year, or sufficient suffi-cient to bring tho annual profits up to more than $14,000,000, or $0.C0 a share. Tho August production of the Greene Consolidated Consoli-dated Copper company was slightly in excess of 5.000.000 pounds, and it was all sola above 1C cents a pound. This would Indlcato net earnings for the month of at least $350,000 aa against monthly dividend divi-dend requirements on the present basis of $172,000." |