Salt Lake Tribune | 1913-05-14 | Page 10 | Ray Con. Quarterly Report is Issued

Iff coi. 001m REPORT IS ISSUED Output and Earnings Better Than Those of Previous Three Months. Judging from the rather moagor do-tails do-tails western shareholders were able to seenro Tuesday, the Bay Consolidated report Issued In the wist showed a decidedly de-cidedly satisfactory quarter's operations during the three months ending on Murch 31. 1913. Tho Pollock wires brought the information yesterdav morning that thtj operating profits worn SS7S.S7I. with total to-tal net protitK of -iiS2.Sr5. This compares with net prollts of ?5S3,S2. for the previous pre-vious quarter. It will bo of interest to learn that the price received per pound for the copper produced was 15.1513 cents, whereas where-as the average for the last three months of 1912 was 17.3 cents. The production produc-tion for the last quarfr measured 12,-369,696 12,-369,696 pounds, as compared with 10.-1911.661 10.-1911.661 pounds in tho preceding period. ! This Indicates a prolU of slightly more than r5 cents per pound and a cost of I production slightly in excess of 9.6 eents I per pound. This condition Is a favorable one and western stockholders will await the complete com-plete report with considerable interest.