Salt Lake Tribune | 1912-08-31 | Page 10 | Comment upon the Ohio Copper Mine

COMMENT UPON THE OHIO COPPER MINE The following was received Friday afternoon af-ternoon over the Pollock wlrc3 from th cast: With the exception of about 80,000 shares, or approximately 6 per cent of the 1,260,000 shares outstanding of the Ohio Copper company, the stockholder? havo turned In their holdings and paid the assessment as-sessment as provided for by the terms of the reorganization Word Is expected daily that the third unit of tho company's mill Is in operation. Tlila ili bring tho capuclty of the. mill from about 2000 to 3000 totiK of ore dally and will enable the company to earn about -555,000 a month under prciiont conditions. The Ohio Is now earning about ?35,000 a month, or ?450,000 annually.