OCR Text |
Show UTAH COPPER COMPANY TO INCREASE ITS OUTPUT Special to The Tribune. BOSTON". May 24. The Utah Copper company'.? mining department has noll-llcd noll-llcd Its smelting department that it proposes pro-poses to increase Its production, this being be-ing in accordance with the fixed custom of the company when it intends to increase in-crease tho output. The 15 per cent curtailment agreement expires August 1 next, and after thuL elate. Utah's production will bo lneicnscd proportionately to enable the company to earn its present 53 per annum dividend. divi-dend. If the metal market shows improvement im-provement Utah will bo ahlo to earn its present dividends on pros-ent production. Changes in f.ic Arthur plant will be completed com-pleted this fall, when l."tah will have an annual production capacity of 110,000,000 pounds. |